Asian energy giant PetroChina plans to join with Shell Canada and major energy companies in Japan and South Korea in developing a liquefied natural gas export project in British Columbia. Shell will hold a 40 percent stake in the project, with Korea Gas Corp., Mitsubishi Corp. and PetroChina Co. each holding 20 percent shares, the [...]
Qatar said Thursday it has signed a deal to supply South Korea with 2 million metric tons a year of liquefied natural gas, or LNG, for 20 years from 2013, the latest in a string of deals struck over the last two months with energy-hungry Asian countries. Ras Laffan Liquefied Natural Gas Co. 3, owned [...]
Cheniere Energy Partners has entered into a long-term gas supply with the Gas Authority of India Limited (Gail) for the Indian state owned company to buy 3.5 million tonnes a year of liquefied natural gas. “GAIL has signed a sales and purchase agreement [SPA], for supply of LNG over 20 years, with Sabine Pass Liquefaction, [...]
Noble Energy has entered a heads of agreement with Daewoo Shipbuilding & Marine Engineering and D&H Solutions to explore the use of floating LNG to export natural gas from the Tamir and Dalit fields offshore Israel, Noble said 29 November 2011. Noble Energy operates Tamir and Dalit with 36% interest, with partners Isramco Negev 2 [...]
France’s Total SA and Royal Dutch Shell Plc plan to expand capacity of their liquefied natural gas terminal in western India by more than a third, buoyed by strong demand for the fuel in the country, a senior Shell executive said. “We are indeed expanding capacity at our LNG terminal [in a joint venture with Total] [...]
The Western Australian state government has given its final environmental approval for US oil major Chevron’s proposed A$25 billion ($26.5 billion) Wheatstone LNG project, Environment Minister Bill Marmion said in a statement Tuesday. The approval was granted with 24 conditions designed to protect marine fauna, including whales, turtles and dugongs, Marmion said. It followed consultation [...]
South Korea announced long-term deals on today worth over $84 billion (51 billion pounds) to buy gas from Australia equivalent to nearly a fifth of its demand from oil major Royal Dutch Shell and French energy giant Total. South Korea is the world’s second-largest buyer of liquefied natural gas (LNG) after Japan, importing over 32 [...]
Singapore commodities firm Noble Group will buy 1 million tonnes of liquefied natural gas a year from Papua New Guinea under a preliminary agreement with InterOil Corp and Pacific LNG, the Singapore-listed firm said on Wednesday. Noble said the heads of agreement, which is a non-binding document, sets out the basis on which the three parties intend [...]
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