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Archive | August, 2009

CNOOC hard to find users for costly Qatar LNG-Xinhua

Thursday, August 20, 2009

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CNOOC hard to find users for costly Qatar LNG-Xinhua

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

Thursday, August 20, 2009

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CNPC to import 2.25m tons of LNG annually from Australia

(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 [...]

Australia Starts Building Its First Micro-LNG Plant

Saturday, August 8, 2009

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Australia Starts Building Its First Micro-LNG Plant

(www.energy-business-review.com) By Staff Reporter Australia has formally begun construction of its first micro liquefied natural gas (LNG) plant at Westbury in Tasmania. The plant will be operated by BOC, a member of the Linde Group. The plant is expected to be fully operational by July 2010. It will have the capacity to produce 50 tonnes a [...]

China’s Dapeng LNG Terminal May Get Two Spot Cargos This Month

Saturday, August 8, 2009

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China’s Dapeng LNG Terminal May Get Two Spot Cargos This Month

By Bloomberg News Aug. 7 (Bloomberg) — Guangdong Dapeng LNG Corp., operator of one of China’s two liquefied natural gas terminals, will receive two spot cargos from Malaysia and Australia this month, said a Chinese official with knowledge of the purchases. The Malaysian cargo will arrive in the first half and the shipment from Northwest Shelf in [...]

GAIL scouting for LNG worldwide to meet domestic demand

Sunday, August 2, 2009

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GAIL scouting for LNG worldwide to meet domestic demand

(The Chronicle) New Delhi, Aug 1: State gas utility GAIL India Ltd is scouting for liquefied natural gas (LNG) from overseas suppliers to meet growing domestic fuel demand, company’s new head B C Tripathi said on Saturday. GAIL, which holds 12.5 per cent stake in nation’s largest LNG importer Petronet LNG Ltd, is looking at independently sourcing [...]

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