Tag: LNG

An international consortium developing two oilfields off Russia's Sakhalin island, has approved a USD 8.9 billion plan to build what will be the world's largest LNG plant.

El Paso Corporation and GDF Energy, Inc., a subsidiary of Gaz de France, have announced an open season today for the proposed development of 3.0 billion cubic feet (Bcf) of high- deliverability natural gas storage capacity from a new facility to be constructed in Schuyler County, New York.

Norway's Stat Oil is interested in moving into natural gas production in Venezuela and looking for the right moment to work jointly with state-run Petróleos de Venezuela , PDVSA

UTE will call for an international bid for a private company to build a natural gas thermal plant and sell the generated electricity to the Uruguayan company UTE.

British Petroleum and British Gas formed the Pacific LNG Inversiones consortium to invest USD 5 billion in a project aimed at exporting liquefied natural gas from Bolivia to the US and Mexico.

Dynegy Inc. has announced plans to construct a liquefied natural gas (LNG) receiving and re-gasification terminal in Hackberry, Louisiana, on the site of the company's existing liquefied petroleum gas (LPG) terminal.

BP Trinidad and Tobago said it is preparing to launch a USD 600 million offshore natural gas project in July, in part to feed the Caribbean nation's giant Atlantic liquefied natural gas plant.

Indian LNG Contract Foster Wheeler Energy Ltd, the international engineering contractor, has been awarded a project management contract (PMC) by Petronet LNG Ltd for a project to build an LNG terminal in India.

The Kingdom of Saudi Arabia has selected ExxonMobil as the leader in a significant project, Core Venture 2 in the Saudi Arabian Natural Gas Initiative.

El Paso Corp. has proposed a 6% expansion of the natural gas storage capacity in northern Pennsylvania and southern New York owned jointly with units of Dominion Resources Inc. and National Fuel Gas Co.