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Rise in LNG production to boost Qatar’s income in next two years

Rise in LNG production to boost Qatar’s income in next two years

Monday, January 4, 2010

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Qatar Industrial Complex Zawya (www.zawya.com) A surge in liquefied natural gas (LNG) production will sharply boost Qatar’s income in the next two years and this will largely widen its fiscal surplus, a key Saudi bank said yesterday. Qatar will also be among a few countries to record high real GDP growth this year despite the steep decline in [...]

Woodside seeks new buyer, China LNG deal lapses

Woodside seeks new buyer, China LNG deal lapses

Monday, January 4, 2010

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SYDNEY (AFP) – Australian energy giant Woodside Petroleum on Monday said it was searching for other Asian buyers after a provisional liquefied natural gas (LNG) deal with PetroChina lapsed. Woodside said the agreement, signed in 2007, to sell up to three million tonnes of LNG a year from its Western Australia Browse project expired on [...]

CNOOC hard to find users for costly Qatar LNG-Xinhua

CNOOC hard to find users for costly Qatar LNG-Xinhua

Thursday, August 20, 2009

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BEIJING, Aug 19 (Reuters) - State-owned China National Offshore Oil Corporation (CNOOC) has been struggling to find end-users for liquefied natural gas (LNG) to be imported from Qatar because of high import costs, Chinese media said. The leading LNG importer is scheduled to begin shipping the clean fuel from September under a 2-million-tonnes-per-year (tpy) supply deal. Most [...]

CNPC to import 2.25m tons of LNG annually from Australia

CNPC to import 2.25m tons of LNG annually from Australia

Thursday, August 20, 2009

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(Xinhua - www.chinadaily.com) China National Petroleum Corporation (CNPC), China’s largest oil and gas producer, said Wednesday it has signed an agreement with ExxonMobile to purchase 2.25 million tons of liquefied natural gas (LNG) annually from the Gorgon field in Australia for 20 years. According to the agreement signed between PetroChina International Co Ltd, the specialized international trade [...]

Poland lacks muscle to diversify gas supplies

Tue, Jul 7, 2009

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Poland lacks muscle to diversify gas supplies

Poland lacks muscle to diversify gas supplies Reuters, Wednesday July 1 2009 * Poland must invest to break gas dependence on Russia * Chemical sector vulnerable to disruption * LNG diversification a key issue By Patryk Wasilewski WARSAW, July 1 (Reuters) - Poland lacks the muscle to break its dependence on Russian gas supplies and will need to invest in new [...]

Indonesia Oil and Gas Report Q1 2009 - Companies and Markets New Analysis

Tue, Jul 7, 2009

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Indonesia Oil and Gas Report Q1 2009 - Companies and Markets New Analysis

Indonesia Oil and Gas Report Q1 2009 - Companies and Markets New Analysis companiesandmarkets.com, 01.07.2009 19:45:03 The latest Indonesia Oil & Gas Report from BMI forecasts that the country will account for 4.32% of Asia Pacific regional oil demand by 2013, while providing 10.91% of supply. Asia Pacific regional oil use of 21.40 mn b/d in 2001 reached [...]

Recent reports reveal shifting LNG trends in 2009

Tue, Jul 7, 2009

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Recent reports reveal shifting LNG trends in 2009

Recent reports reveal shifting LNG trends in 2009 Oil & Gas Journal, Warren R. True, OGJ Chief Technology Editor-LNG/Gas Processing HOUSTON, July 1 – At mid-2009, prospects for global LNG demand “remain bleak,” according to a research report issued at the end of June by Barclays Capital. The LNG market in 2009 is proving itself “truly global,” as supply-demand fundamentals [...]

Cedigaz: Global recession to offset gas supply gains

Tue, Jul 7, 2009

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Cedigaz: Global recession to offset gas supply gains

Cedigaz: Global recession to offset gas supply gains Oil & Gas Journal, Doris Leblond , OGJ Correspondent PARIS, July 1 – The 4% increase in global natural gas supplies in 2008 to 3.06 trillion cu m will “practically be wiped out” in 2009 because of the economic recession, according to the latest production trends report by Cedigaz, the Paris-based international gas [...]

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