Inpex approves US$34bn Ichtys LNG project in Australia
Inpex Corp gave the green light for the US$34bn LNG export project that is expected to make Australia the world’s top exporter of the fuel by 2017, surpassing current no. 1 Qatar.
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Posts Tagged ‘LNG’
China – paradigm shift to shale gas
China’s huge shale gas reserves are currently unexploited but that could change as the country prepares for a shift to shale gas.
Excelerate Energy moves its LNG Aguirre GasPort facility ahead
Excelerate Energy has signed an agreement with the Puerto Rico Electric Power Authority (PREPA) to develop and seek the necessary approvals to build a floating offshore LNG regasification facility off Puerto Rico’s southern coast. The Aguirre GasPort facility will provide fuel to the Central Aguirre Power Plant.
UAE TAQA gets European companies for Dutch gas storage
Abu Dhabi National Energy Co (TAQA) has secured three European energy companies as launch customers for its huge Bergermeer gas storage facility in The Netherlands in deals worth up to US$1bn.
South Korea activates plan to secure energy sites
As uncertainty over North Korea’s actions following the death of its leader reigns, South Korea activates its energy security plan.
South Korea’s LNG imports drop 34.5%
With winter stock building completed in October, South Korea’s LNG imports noted November fall.
Japan sees 2012 LNG demand rise by 20Mt
Japan Oil, Gas and Metals National Corp (JOGMNC) expects demand for LNG to rise by 20Mt next year.
National Grid – UK renewable energy supply to jump to 33%
The UK’s total energy supply from renewable sources is expected to double to over 30% between 2020 and 2030 if the government reaches its climate and renewable energy policy targets, according to the National Grid.
Iraq cabinet approves US$17bn Shell gas deal
Iraq’s cabinet approved a uS$17bn agreement with Royal Dutch Shell and Mitsubishi to capture gas that is currently being flared off in the atmosphere at its southern oilfields around Basra.
Tokyo Gas sees imports rise to 18Mt by 2020
Tokyo Gas Co expects its annual LNG imports to rise from last year’s 10Mt to 18Mt by 2020 as users shift to the clean fuel following Japan’s reduction in nuclear power.
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