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Queensland LNG at least 25 million tonnes by 2020
August 13, 2011
New race for CSG begins | www.energynewspremium.net
Demand for Australian CBM-based LNG has exceeded all expectations. Capacity by 2020 is likely to be at least 25 million tonnes.
ConocoPhillips taking interest in Aussie shale gas prospects
July 15, 2011
ConocoPhillips has entered into an agreement to farm-in to Australian shale gas acreage in the Canning Basin in Western Australia.
Aussie shale gas: encouraging signs
July 15, 2011
Little Faith in Aussie Shale | finance.ninemsn.com.au
Beach Energy has achieved encouraging gas flows from the first shale gas well fracture stimulated in Australia.
Delays in Russian plans to export pipeline gas to China
July 2, 2011
Moscow seeks 'realistic' gas price of $350/1,000 cu m in China deal | www.platts.com
Platts reports that China and Russia continue to be far apart on the price of gas under any agreement for Russia to export gas to China.
Ichthys LNG project moving forward
July 2, 2011
The 8.4 million tonne Ichthys LNG project offshore north west Australia is moving forward.
Shell go-ahead for floating LNG
May 20, 2011
Shell decides to move ahead with ground-breaking floating LNG | www.shell.com.au
Royal Dutch Shell plc has given the go-ahead for the world's first floating LNG project, to be developed offshore Australia.
Record LNG imports by North Asian buyers in 2010: likely to grow further in 2011
March 15, 2011
Record LNG imports by North Asian buyers in 2010: likely to grow further in 2011 | www.energyquest.com.au
LNG imports by North Asian buyers reached a record 123.2 million tonnes (Mt) in 2010 and are likely to grow further in 2011 following the Japanese earthquake.
Fukashima Daiichi nuclear plant shutdown: LNG implications
March 12, 2011
In addition to the terrible human toll and physical destruction resulting from the Miyagiken-Oki earthquake in Japan, the country also has to cope with the power shortages from the shut-down of the TEPCO Fukashima Daiichi nuclear power plant. This is likely to be met by LNG.
January 15, 2011
Shell: We'll produce more gas than oil by 2012 | money.cnn.com
The oil majors such as Shell are increasingly becoming the gas majors as they lose their dominance in world oil reserves and face challenges in refining and marketing.
December 18, 2010
Santos,Kogas sign LNG offtake agreement | www.ogj.com
Australia's second CBM-based LNG project is on the verge of sanction, with KOGAS signing up for 3.5 million tonnes a year (Mtpa) of LNG and taking 15% of the project. TOTAL (PA.TOTF) and PETRONAS both have 27.5%. SANTOS, with 30% equity, will be undertaking a $500 million equity raising.
Go ahead for first CBM to LNG project
October 31, 2010
BG Group sanctions Queensland Curtis LNG project | www.qgc.com.au
The Board of BG Group has given the go-ahead for the world's first CBM-based LNG project in Queensland. Australia.
Challenges for Yemen LNG in increasing prices
September 5, 2010
Yemen Government announces new arrangements for LNG export | www.lngworldnews.com
The Yemeni government wants to increase the price Korea pays for its LNG but is likely to face challenges due to the alternative supplies available, the political risk of Yemen and strategic imperatives for Korea to keep the Yemen price low.
Rise of Greens may affect Australian LNG projects
September 3, 2010
Coal gas industry slams Greens | www.theaustralian.com.au
Recent election wins by the Greens in Australia may affect development of Australian LNG projects.
Strong growth in LNG trade in first half
September 3, 2010
LNG trade has grown strongly so far in 2010. In the first half imports into North Asia, Europe and the US grew by 28%.
Chevron finding gas and buyers for LNG projects
September 3, 2010
Chevron is on-track to further expand its Australian LNG production, with successful discoveries and further offtake agreements.
Woodside facing challenges with LNG projects
September 3, 2010
Woodside is facing challenges with a number of its LNG projects, with lack of exploration success, partner misalignment and political issues.
Australia resources tax backdown
July 11, 2010
Australia tax rejig favours coal-seam gas sector | bx.businessweek.com
The Australian Government has backed down from its controversial Resource Super Profits Tax proposal. There is now a level playing field between onshore coal seam gas projects and offshore projects.
Australian profits tax on resources companies
May 3, 2010
The Australian government has introduced a profits tax on mining companies and onshore oil and gas (including CBM).
BG LNG Project Set For Go-Ahead
April 25, 2010
The BG Group's Queensland Curtis LNG projects looks set for go-ahead, possibly with three trains.
Unrealistic Qatar LNG prices create opportunities
April 25, 2010
GECF sets sights on oil price parity | www.upstreamonline.com
Qatar, Russia and and other members of the Gas Exporting Countries Forum want to get prices back to oil-parity. This provides opportunities for competing and more flexible LNG producers, such as those in Australia.
Chesapeake Energy bites the natural gas bullet
January 25, 2012
Flurry of newbuild drilling rig deliveries in 2012 may dampen rig rates
January 20, 2012
Talisman joins the ranks of cautious E&P companies
January 12, 2012
Early signs of caution begin to cloud frontier exploration and production
January 4, 2012
It's too early in the game to write off Shtokman
December 8, 2011