Top News of The Week January 20-25, 2014

BP Expects to Award Tangguh 3rd LNG Train Contract by Quarter-End

BP plans to award a $5 billion frontend engineering and design (FEED) contract for a third liquefaction train for the Tangguh project in Indonesia by the end of this quarter, Jakarta Globe quoted William Lin, the regional president for BP’s Asia-Pacific operation, as saying.

Shell Sells Stake in Wheatstone LNG to KUFPEC

Royal Dutch Shell said on Monday it has agreed to sell its 8% equity interest in the Wheatstone-Iago Joint Venture and 6.4% interest in the 8.9 million tonnes per annum Wheatstone LNG project in Western Australia for a cash consideration of US$1,135 million to the Kuwait Foreign Petroleum Exploration Company (KUFPEC).

Primagaz Benelux Loads First Trailer of LNG at Gate Terminal

On 20 January 2014 Primagaz Benelux loaded the first trailer of liquefied natural gas (LNG) at Gate terminal in Rotterdam.

Gas Resources in British Columbia Attract LNG Investors

On the west coast of Canada lies the natural resource-rich province of British Columbia. Well known for its mining and forestry sectors, the province is also becoming globally recognized for its vast natural gas supply.

Wison, VGS Sign LNG FRU Contract

Wison Offshore & Marine announced the award of a binding agreement with Vessel Gasification Solutions (VGS) of New Jersey, USA, for the supply of the industry’s first barge-based floating LNG regasification unit (FRU) to be installed offshore India.

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LNG World News Staff, January 27, 2014; Image: BP