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PetroChina along with Shell Canada Ltd., Korea Gas Corporation (KOGAS), and Mitsubishi Corporation, is planning to develop a LNG export facility near Kitimat, British Columbia, Canada. Shell holds a 40-percent working interest, with KOGAS, Mitsubishi and PetroChina each holding a 20-percent working interest.
Angola and Thailand have signed a Memorandum of Understanding on cooperation in the oil and natural gas sector. Bankok Post has reported that Thailand is also in talks with Qatar a long-term purchase contract of 2 million tonnes of LNG a year. PTTEP is seeking to buy another 500,000 tonnes to...
Tokyo Electric Power Co along with three other Japanese may buy into Chevron’s Wheatstone natural gas project in Australia, media reports said. Along Mitsubishi Corp., Nippon Yusen KK and Japan Oil, Gas and Metals National Corp., TEPCO now plans to acquire a 10 percent interest in the development...
Origin Energy may be willing to sell further equity in Australia Pacific LNG project to finance for expansion. Chief executive Grant King told Dow Jones Newswires on the sidelines of a conference in Adelaide that Origin would contemplate some further dilution over the current 37.5 per cent interest...
Total SA has said Australia may eventually produce as much as 100 million tons of liquefied natural gas a year, Bloomberg reported. “That’s a tremendous increase compared with existing production,” Chief Executive Officer Christophe de Margerie was quoted by Bloomberg as saying. The...
Chevron Corp has signed a preliminary agreement to sell Japan's Tohoku Electric one million tonnes of liquefied natural gas per year for 20 years, Reuters reported. The gas will come from its Wheatstone plant in Australia, Roy Krzywosinski, Chevron Austalia's managing director told reporters in Adelaide...
Syria is keen on importing about 900,000 tons of liquefied natural gas from Iran, Managing Director of the Syrian oil refining and distribution company Nazih Jouhara said. The Syrian official said that his visit to Asalouyeh is aimed at learning more about Iran's achievements and advances in the gas...
Oman has expressed its inability to export liquefied natural gas to Lithuania for the time being due to unavailability of supplies, media reports said citing secretary general at Omani Foreign Affairs Ministry Sayyid Badr bin Hamad bin Hamoud Al Busaidi. Hamoud Al Busaidi said Oman cannot export the...
AGL Energy has won approval from New South Wales government to build a $310 million gas storage facility at Tomago near Newcastle. The plant, which will be capable of processing up to 66,500 tonnes of liquefied natural gas (LNG) per year, is expected to be completed by 2015. The project has been facing...
Pakistan will likely scrap plans to import 500 mmcfd liquefied natural gas (LNG) from Qatar due to high price of the imported gas. Qatar has refused to reduce the price below $18 per mmbtu. The Nation newspaper reported that Islamabad will formally convey Doha about the cancellation of import, which...