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A small news about Pakistan is the latest LNG News weekly.
Quote
US & NORTH AMERICA Petronas to reconsider Canadian LNG project, reports Yahoo Finance. The chairman of the Malaysian firm, Mohamed Sidek Hassan, told news agency Bernama on Monday that the $27 billion Pacific NorthWest LNG project could be relocated to another site if Canadian authorities deem it necessary. The project has been dogged by protests from both environmental and aboriginal groups. Petronas has reportedly identified a new site for the project that would better address the concerns of these groups.
EUROPE Belgium looks to Qatar for LNG supply, writes The Peninsula. The country already has two long-term contracts with the emirate, but may well be looking to agree more in the future, according to Christophe Payot, Belgian ambassador to Qatar. “We are open to source more LNG from Qatar which can be used in transport sector such as ships and trucks. The sector has great potential for expansion”, he told reporters from
ASIA-PACIFIC Pakistan requests further price reduction from Gazprom, reports The Express Tribune. A price of 85 cents per mmBtu for deliveries along a planned pipeline from Russia to the Punjab region of Pakistan had previously been agreed between the two countries. Terms and conditions on the project are expected to be finalised in the next couple of months.
UNITED KINGDOM Cairn in pole position to take on DONG North Sea assets, reports Reuters. The independent exploration company has emerged as the most likely counterparty for an agreement, which is likely to be worth around $2 billion, according to sources close to the matter. It is anticipated that this news could precipitate an offer by Danish firm Moller-Maersk, who had been in discussions with DONG over the assets last year until talks broke down. DONG put the assets up for sale in November in order to focus on its renewables business. »
US & NORTH AMERICA Oregon LNG terminal gains initial approval, reports The World. The Federal Energy Regulation Commission (FERC) has approved the pre-filing application for the proposed export facility at Jordan Cove in the Port of Coos Bay, clearing the way for the award of a federal permit. If constructed, the terminal would represent the single largest private investment in the history of southern Oregon. The idea of an export terminal at Jordan Cove has been around since 2007, but a number of objections by Native American tribes and US authorities have stopped any progress being made.
UNITED KINGDOM UK set for first LNG shipment from Peru, reports Bloomberg. A tanker from Perupetro’s Peru LNG facility is expected in the country by 21 February. Such a shipment has become more viable following the redevelopment of the Panama canal to allow LNG tankers through; it has cut the time associated with the Peru-UK journey by two thirds. The news means the UK will receive LNG from Peru before a shipment from the Sabine Pass export facility in the US,
Quote
US & NORTH AMERICA Petronas to reconsider Canadian LNG project, reports Yahoo Finance. The chairman of the Malaysian firm, Mohamed Sidek Hassan, told news agency Bernama on Monday that the $27 billion Pacific NorthWest LNG project could be relocated to another site if Canadian authorities deem it necessary. The project has been dogged by protests from both environmental and aboriginal groups. Petronas has reportedly identified a new site for the project that would better address the concerns of these groups.
EUROPE Belgium looks to Qatar for LNG supply, writes The Peninsula. The country already has two long-term contracts with the emirate, but may well be looking to agree more in the future, according to Christophe Payot, Belgian ambassador to Qatar. “We are open to source more LNG from Qatar which can be used in transport sector such as ships and trucks. The sector has great potential for expansion”, he told reporters from
ASIA-PACIFIC Pakistan requests further price reduction from Gazprom, reports The Express Tribune. A price of 85 cents per mmBtu for deliveries along a planned pipeline from Russia to the Punjab region of Pakistan had previously been agreed between the two countries. Terms and conditions on the project are expected to be finalised in the next couple of months.
UNITED KINGDOM Cairn in pole position to take on DONG North Sea assets, reports Reuters. The independent exploration company has emerged as the most likely counterparty for an agreement, which is likely to be worth around $2 billion, according to sources close to the matter. It is anticipated that this news could precipitate an offer by Danish firm Moller-Maersk, who had been in discussions with DONG over the assets last year until talks broke down. DONG put the assets up for sale in November in order to focus on its renewables business. »
US & NORTH AMERICA Oregon LNG terminal gains initial approval, reports The World. The Federal Energy Regulation Commission (FERC) has approved the pre-filing application for the proposed export facility at Jordan Cove in the Port of Coos Bay, clearing the way for the award of a federal permit. If constructed, the terminal would represent the single largest private investment in the history of southern Oregon. The idea of an export terminal at Jordan Cove has been around since 2007, but a number of objections by Native American tribes and US authorities have stopped any progress being made.
UNITED KINGDOM UK set for first LNG shipment from Peru, reports Bloomberg. A tanker from Perupetro’s Peru LNG facility is expected in the country by 21 February. Such a shipment has become more viable following the redevelopment of the Panama canal to allow LNG tankers through; it has cut the time associated with the Peru-UK journey by two thirds. The news means the UK will receive LNG from Peru before a shipment from the Sabine Pass export facility in the US,
