PNG Govt set to finalise second LNG deal
The Post Courier - Papua New Guinea, 30 June 2009, By NEHEMIAH ISAAC
THE National Government is “days away” from finalising a project agreement for Papua New Guinea’s second liquefied natural gas (LNG) project.
The Post-Courier was reliably informed yesterday that a draft agreement is being prepared for Cabinet approval [...]
Woodside’s Browse LNG plant suffers cost blowout
The Business Spectator - Australia, 3:38 AM, 2 Jul 2009
The costs for Woodside Petroleum Ltd’s proposed liquified natural gas (LNG) plant in the Kimberley have blown out to $50 billion, and discord between the project’s partners is growing, according to The Australian newspaper.
An informed source told the paper costs for the standalone plant, which would process gas [...]
Equatorial Guinea nears second LNG train
Upstream Online, By Damon Evans, Wednesday, 01 July, 2009, 20:50 GMT
Equatorial Guinea’s state-owned company Sonagas expects to receive a master plan on 7 July that could pave the way for the country’s second liquefied natural gas train.
The plan will detail the gas resources available for future development and volumes in excess of 7 trillion [...]
Flex eyes first gas from Timor Sea
Upstream Online, Wednesday, 01 July, 2009, 20:50 GMT
Norway-based Flex LNG is targeting to start up liquefied natural gas production from a gas field in the Timor Sea as early as late 2013.
Flex will take over Timor Sea JPDA 06-101(A) after acquiring Minza Oil & Gas. One well has been drilled [...]
East Timor has not given up the fight for Greater Sunrise LNG project
The Northern Territory News - Australia, July 1st, 2009
President Jose Ramos-Horta said it would be more profitable to pipe the gas to his country, rather than process it on the spot or send it to Darwin.
The venture partners developing the field - Woodside, ConocoPhillips, [...]
Tuesday, July 7, 2009
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