Top News of The Week Jan 27-Feb 1, 2014

Petrobras Starts Up Its Third LNG Import Terminal

The Petrobras LNG Regasification Terminal in Bahia brings greater flexibility and assurances to natural gas supplies in Brazil, with regasification capacity now up to 41 million m³/day.

Novatek: Russia to Be Major LNG Producer

Russia could be producing as much LNG as world’s top LNG producer Qatar within 10 years as its state and private companies speed up projects, Reuters cited Leonid Mikhelson, chief executive and co-owner of Novatek, as saying.

Magnolia LNG Signs Pipeline Capacity Deal with Kinder Morgan

Liquefied Natural Gas Limited said that Magnolia LNG, its 100% owned subsidiary, has executed a legally binding pipeline capacity agreement, known in the United States as a Precedent Agreement (PA), with Kinder Morgan Louisiana Pipeline LLC (KMLP).

GDF SUEZ Releases World of Energy

The falling cost of photovoltaic power, the abundance of coal, confirmation of the decisive role played by shale gas and oil… all are highlighted in the 2013 edition of A World of Energy. Created by the GDF SUEZ Strategy Department, this publication brings together the key energy indicators for the year.

STS LNG Transfer Between Two Q-Flex Tankers Completed Off Singapore

Qatargas-chartered LNG vessels recently carried out the first ship-to-ship (STS) transfer of LNG between two Q-Flex type LNG tankers. The vessels were anchored in Singapore, according to an e-mailed statement sent to LNG World News.

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LNG World News Staff, February 2, 2014; Image: Petrobras