Tuesday 17 October 2017
|LNG & GTL News||LNG & GTL Analysis|
|17 / 12 / 2010
Total announced the signature of an agreement to acquire an additional 7.5% interest in Australia’s GLNG (Gladstone LNG) project from Santos for an amount of US $281.25 million. This will increase Total’s overall stake in the project to 27.5%. Once the transactions have been finalized, operator Santos will hold 30%; Petronas, 27.5%; Total, 27.5%; and Kogas, 15%. The integrated LNG project consists of extracting coal seam gas from the Fairview, Arcadia, Roma and Scotia fields, located in the Bowen-Surat Basin in Queensland, eastern Australia.
2 / 12 / 2010
Chevron Deepwater Gas Project in Indonesia Enters Design Phase. Major front-end engineering and design contracts awarded for for the Gendalo-Gehem natural gas development in East Kalimantan, Indonesia. Gas from the project will be used both domestically and also converted to liquefied natural gas (LNG) at the Bontang LNG facility in Indonesia for export. Maximum daily production from the project is expected to be 1.1 billion cubic feet of natural gas and 31,000 barrels of condensate.
1 / 12 / 2010
ConocoPhillips announces first LNG shipment from Qatargas 3 project (QG3). The cargo departed from Ras Laffan Industrial City, Qatar, bound for the Canaport LNG Terminal in Saint John, New Brunswick, Canada.
8 / 11 / 2010
Shell reduces its interest in Woodside; underwriting agreement with UBS AG, for the sale of 78.34 million shares in Woodside, representing 29.18% of its interest in Woodside and 10.0% of the issued capital in Woodside at a price of A$42.23 per share. "we will increasingly focus our investment in Australia through direct interests in assets and joint ventures, rather than indirect stakes."
31 / 10 / 2010
BG Group sanctions Queensland Curtis LNG project. The first phase of the liquefaction plant will consist of two LNG trains with a combined capacity of 8.5 million tonnes per annum (mtpa). Over the next four years (2011-2014), BG Group plans to invest approximately US$15 billion in developing the liquefaction plant and related wells, field facilities and pipelines. First LNG exports are planned to commence from 2014, underpinned by agreements in Chile, China, Japan and Singapore for the purchase of up to 9.5 mtpa of LNG.
11 / 10 / 2010
GDF SUEZ and China National Offshore Oil Corporation sign a 2.6 million tons of LNG contract. Under this agreement, GDF SUEZ will sell CNOOC about 2.6 million tons of LNG from 2013 during a 4 year period, and the cargoes will be sourced from GDF SUEZ’ LNG portfolio. CNOOC has a diversified LNG supply portfolio of approximately 16 MTPA.
9 / 9 / 2010
Australia: Total Acquires a 20% Interest in GLNG Project for US$750 million dollars (as of June 1, 2010), Santos and Petronas transferring 15% and 5% respectively to Total. The plant will have a capacity of 7.2 million tonnes a year (Mt/y). Pursuant to the agreement Total will have the commitment to offtake 1.5 Mt/y of LNG, depending however on the result of ongoing discussions between the GLNG project and several Asian buyers.
23 / 8 / 2010
Shell and PetroChina complete Arrow Energy acquisition. The acquisition follows an offer in March 2010 to purchase 100% of the shares of Arrow by CS CSG (Australia) Pty Ltd, a 50/50 joint venture company owned by Shell Energy Holdings Australia Limited and a subsidiary of PetroChina Company Limited. CS CSG (Australia) Pty Ltd agreed to pay A$4.70 cash per share for all of the shares in Arrow, representing a total consideration of approximately A$3.5 billion.
23 / 8 / 2010
RasGas makes landmark entry into Portugal. The spot sale cargo was delivered today to an affiliate of Galp Energia SPGS, S.A., at the Sines LNG Terminal in Portugal, from the LNG tanker Al Deebel.
16 / 8 / 2010
Chevron Announces Significant Natural Gas Find in Australia. Acme-1 discovery represents ninth discovery in 12 months offshore Western Australia. Drilled in 2,880 feet (878 m) of water to a depth of 15,469 feet (4,715 m), the well encountered approximately 896 feet (273 m) of net gas pay.
12 / 8 / 2010
Chevron Announces Natural Gas Discovery in Frontier Exmouth Plateau Area of the Carnarvon Basin offshore Western Australia. Brederode-1 discovery continues recent exploration and drilling success. Situated in 4,550 feet (1,387 m) of water, the well was drilled to a depth of 9,022 feet (2,750 m) and encountered approximately 49 feet (15 m) of net gas pay.
7 / 8 / 2010
IndianOil signs MoU with TIDCO for Ennore LNG Project. The 2.5 million tonnes per annum LNG terminal expandable to 5 million tonnes per annum which will cost Rs.3000 Crore approximately. A 1000 MW LNG based Power plant that is likely to cost around Rs.5000 Crore.
7 / 8 / 2010
NIOC reconsidering LNG production, noting that some LNG projects including those in South Pars gas field phases 13 and 14 have been suspended. Currently gas export via national network is more economical, at disposal and faster while LNG exports need huge investment, complex technology and a long process for production and export.
3 / 8 / 2010
Foster Wheeler Awarded Contract for Uruguay's First LNG Receiving Terminal: the "GNL Del Plata" facility to be built in Montevideo, in the region of Río de la Plata, Uruguay. The project will supply natural gas for local consumption in Uruguay (enabling the expansion of this source in the energy mix) and also will supply gas to help meet demand in Argentina.
25 / 7 / 2010
RasGas supplies first Qatari LNG to Brazil. The LNG cargo was loaded on to the Express, Petrobras' short-term chartered LNG vessel, at Ras Laffan Port in northern Qatar, and is bound for either Pecem LNG Terminal in the north-eastern state of Ceara or Guanabara Bay LNG Terminal in Rio de Janeiro.
|24 / 8 / 2010
Briefing on the Global Shale Gas Initiative Conference. "The U.S. shale gas phenomenon has transformed global energy markets. Because we have discovered and we have the technology to develop efficiently large quantities of gas from shale, global prices of liquefied natural gas have decreased."
10 / 6 / 2010
BP Statistical Review of World Energy.
3 / 6 / 2010
Floating LNG at Sunrise. The Greater Sunrise FLNG facility will be approximately 480 metres in length and 75 metres wide, with the topside weighing approximately 50,000 tonnes. The facility is capable of producing approximately 4 million tonnes per annum of LNG and 10.3 mmbbls per annum of condensate.
25 / 5 / 2010
International Energy Outlook 2010.
18 / 3 / 2010
Australian energy projections to 2029-30. Australia’s primary energy consumption is projected to increase by 35 per cent by 2030.
2 / 3 / 2010
Shale Gas, A Game Changer for U.S. and Global Gas Markets?
6 / 10 / 2009
24th World Gas Conference. Natural gas has reached a level of importance that makes it critical and indispensable as an energy commodity. In less than 30 years, world gas consumption has doubled and gas is now just as important to energy security as oil and coal.
28 / 7 / 2009
What role does liquefied natural gas (LNG) play as an energy source for the United States?
7 / 7 / 2009
Liquefied Natural Gas for Europe – Some Important Issues for Consideration. 1) Security, diversity and affordability of natural gas supply; 2) Energy efficiency and greenhouse gas emissions; 3) LNG quality and 4) Shipping of LNG.
11 / 6 / 2009
Quarterly Report On European Gas Markets 2008 (Q4).
11 / 6 / 2009
An Unprecedented Market: How the recession is changing global gas markets.
8 / 6 / 2009
Collective approach in the new paradigm. The oil and gas industry has responsibilities in the following key areas: maximizing hydrocarbon resources, reducing the CO2-intensity of fossil fuels, and broadening the world’s energy mix.
3 / 6 / 2009
Dr. Lourdes Maurice presents CAAFI to the Aviation Alternative Fuels Side Event in Bonn, Germany. overview of the need for aviation alternative fuels, CAAFI’s goals for alternative fuels development and deployment within the US, the CAAFI alternative fuels roadmap, and interactions with ICAO.
1 / 6 / 2009
Fostering LNG Trade: Developments in LNG Trade and Pricing.
24 / 5 / 2009
International Energy Outlook 2008. World marketed energy consumption is projected to increase by 44 percent from 2006 to 2030. In the IEO2009 reference case, the price of light sweet crude oil in the United States (in real 2007 dollars) rises from $61 per barrel in 2009 to $110 per barrel in 2015 and $130 per barrel in 2030.
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