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 [...]
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, [...]
Gorgon-Jansz gas gets interim marketing nod
Oil & Gas Journal, Rick Wilkinson , OGJ Correspondent
MELBOURNE, June 30 – The three joint venturers in the Gorgon-Jansz gas and LNG project in Western Australia have been given conditional interim authorization from the Australian Competition and Consumer Commission (ACCC) to market gas in the state.
The approval enables Chevron Corp., ExxonMobil Corp., and Royal [...]
Iraq, Shell May Sign Agreement by September on LNG (Update1)
By Dinakar Sethuraman
July 1 (Bloomberg) — Iraq may sign a final agreement with Royal Dutch Shell Plc by September to process and export gas from the Basra area, said Abdul Hadi Al-Hassani, vice chairman of the nation’s parliamentary oil and gas committee.
Shell and partners including Mitsubishi Corp. [...]
Kuwait Is Not Happy With Qatar’s LNG Supply Terms (Update1)
By Fiona MacDonald
July 1 (Bloomberg) — Kuwait is not happy with terms offered by Qatar for the supply of liquefied natural gas and the two countries remain in talks, Oil Minister Sheikh Ahmed al- Abdullah al-Sabah said.
“Whenever they want to improve the terms, we are listening,” Sheikh [...]
Tuesday, July 7, 2009
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