Top News of The Week August 19-25, 2013

Top News of The Week August 19-25, 2013

Woodside Proposes Three FLNG Vessels for Browse, Australia

Australia’s Woodside Petroleum announced development plans for their Browse gas fields offshore Australia. The company revealed intention to use three FLNG vessels designed by Shell for the Browse project.

Woodside Approves FLNG for Browse, Australia

Woodside has resolved to recommend the Browse Joint Venture participants use floating LNG (FLNG) technology as the development concept to commercialise the three Browse gas fields.

IGU Releases 2013 World LNG Report

International Gas Union Issued the first LNG Report. This report will be followed by other editions in 2014 and 2015, where readers will find comprehensive overviews of LNG market developments for each of these years.

Kitsault Energy Partners with Asian Oil and Gas Major

Kitsault Energy has signed a Memorandum of Understanding (MOU) with an Asian Oil and Gas Major to partner for the Development of Northeast BC and Northwest Alberta Natural Gas (NG) fields, NG Pipeline, Liquification of NG (Floating and Land Based), Dedicated Energy Export Terminal, LNG Transportation at Kitsault, and Regasification, Marketing, Sales and Distribution.

Fitch: New Players in U.S. LNG Export Projects Highlights Significance of Funding Issues

The entry of a new set of players in U.S. liquefied natural gas (LNG) export projects has highlighted the importance that funding issues can have on sponsor credit, according to a new Fitch Ratings report.

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LNG World News Staff, August 25, 2013