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

Monday, January 4, 2010

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

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

Monday, January 4, 2010

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Woodside seeks new buyer, China LNG deal lapses

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

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 [...]

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