The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Peter Voser, Chief Executive Officer of Royal Dutch Shell. The parties discussed the issues of bilateral cooperation as part of the Sakhalin II project. They also address
China Petrochemical Corporation (Sinopec) today said that it has signed a 20-year binding purchase agreement with Australia Pacific LNG to raise annual LNG purchases from 4.3 million tonnes to 7.6 million tonnes. The company also signed an equity subscription deal to increase its stake in APLNG to 2
DNV has developed a new pipeline concept, called X-Stream, that can significantly reduce the cost of a deep- and ultra-deepwater gas pipeline while still complying with the strictest safety and integrity regime. X-Stream is based on established and field-proven technologies which have been innovativ
Australia’s Arrow Energy completed today its planned coal seam gas (CSG) exploration drilling at Mt Lindsay near Beaudesert. Arrow staff and contractors are currently closing down the site. The exploration drilling of the past few days will provide Arrow with further information about the area’s geo
Kentz Corporation Limited announced the following pre-close trading update ahead of its results for the year ended 31 December 2011. Revenues and profits for the full year 2011 marginally ahead of consensus expectations Record backlog of US$2.40 billion at the end of December 2011, up 50% from Decem
Taiwan’s Yung-An LNG terminal is due to receive a cargo of liquefied natural gas next week, according to Kaohsiung Port Authority. The Methane Jane Elizabeth tanker, with a capacity of 145,000 cbm, will reach Yung-An terminal on January 27. The Yung-An terminal is Taiwan’s first liquefied natural ga
Kentz Corporation Limited today announced that Christian Brown has been appointed as Chief Executive of the Company effective from 1 February 2012, succeeding Hugh O’Donnell who has served in the role since 2000. Hugh will continue his relationship with Kentz through the provision of exclusive advis
The U.S. Golden Pass LNG Terminal (GPLNG) said Wednesday it will seek the necessary authorizations from the U.S. Department of Energy to re-export LNG that has previously been imported into the United States and stored at the terminal. GPLNG intends to receive foreign-sourced LNG at its terminal fac
Toho Gas December gas sales volume totaled 332.887 million cubic meters, up by 4.0% from the previous year. In 2011, gas sales volume increased by 0.6% from the previous year. Toho Gas recently signed a sale and purchase agreement with IINPEX for a purchase of LNG produced at Ichthys project in Aust
UK’s South Hook liquefied natural gas terminal is expected to receive a cargo of LNG on January 27, according to the Milford Haven Port Authority website. The Al Mayeda LNG tanker, with a capacity of 266,oo0 cbm, is sailing from Ras Laffan, Qatar. The South Hook terminal can process 15.6 million ton
Statoil has resumed production at the LNG plant at Melkøya outside Hammerfest following a temporary shutdown due to rupture of a firewater line Wednesday last week. The facility can revert to full production without any production limitations. “We have a good overview of the extent of the damages an
Argentina’s Bahía Blanca GasPort, is due to receive a liquefied natural gas cargo from Trinidad and Tobago on January 30, according to shipping data. The cargo is being hauled by the 138,000 m3 Sestao Knutsen. The Bahía Blanca GasPort is South America’s first-ever LNG receiving facility and the worl
Petrobras’ average oil and natural gas output in Brazil reached a record volume of 2,376,359 barrels of oil equivalent per day (boepd) in 2011, 1.6% up on the 2010 output. Oil production alone also set an annual record with a daily average of 2,021,779 barrels, exceeding the 2010 production by 17,60
Liquefied Natural Gas Limited announced that an EPC Services and Open Book Conversion Contract (EPCSOBC) has been signed in Beijing between China Huanqiu Contracting & Engineering Corporation (HQC) and the Company’s wholly owned subsidiary Gladstone LNG Pty Ltd, in relation to the Company’s 3 millio
