Saturday, May 25, 2013
Displaying 1 - 10 of 32 articles
The United States has granted conditional authorization to export domestically produced liquefied natural gas (LNG) to nations that do not have Free Trade Agreement (FTA) with it. The development has major implication for India as it opens prospects of export of US shale gas to India, Press Trust...
Mitsui, Mitsubishi and GDF Suez have signed a tolling agreements with Sempra Energy to support the development, financing and construction of a liquefied natural gas (LNG) export facility at the site of the Cameron LNG receipt terminal in Hackberry, Louisiana. The joint-venture agreement calls for affiliates...
The United States is close to approving shale gas exports to Japan, the Japan Daily Press said citing sources in Washington. It is expected that America’s Energy Department will give conditional approval for the time being, and then it will proceed to examine Japanese companies and their shale...
A bi-partisan group of four top American Senators has introduced legislation in the Senate to export natural gas, including liquefied natural gas, to countries that do not have free-trade deals with the US. This move increases the prospects of export of shale gas to India. The legislation 'Expedited...
Tokyo Electric Power Co (Tepco), plans to buy 800,000 tons of LNG a year from the United States through Mitsubishi Corp and Mitsui & Co from about 2017, Reuters said citing a report in Nikkei. The Japanese business daily said that Mitsubishi and Mitsui are negotiating with Cameron LNG to outsource...
China’s Sinochem has bought 40% interest in Pioneer Natural Resources’ Wolfcamp shale play in the southern portion of the Spraberry Trend Area Field in Texas for a total price of $1.7 billion. Under the agreement, Sinochem will acquire approximately 82,800 net acres of leasehold...
The US, making an exception to its restrictive export policy, has allowed state run Gail to ship shale gas to India. The Economic Times reports that the move will allow Gail to import 3.5 million tonnes per year of liquefied natural gas (LNG) for two decades from 2017-18. Encouraged by this, the...
Shell's plan to export LNG from the United States is expected to increase competition for Australia in its traditional Asian markets, ABC News said in a report. Shell US Gas & Power LLC , a subsidiary of Royal Dutch Shell, and Southern Liquefaction Company, LLC, a Kinder Morgan company and unit...
Osaka Gas Co. is confident that it will be allowed to import liquefied natural gas to the Japan from the Freeport project in Texas, Dow Jones Newswire said citing a company executive. Osaka Gas and Chubu Electric Power Co. signed in August last year a 20-year contract with Freeport LNG Development to...
Boost in US LNG production and exports could have the biggest impact on the Australia LNG industry because of high costs of building new projects, said the Australian citing a Deloitte report. The report commissioned by US LNG proponent Cheniere Energy, comes as global engineering contractor KBR --...