Top News of The Week January 20-25, 2014
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.
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).
On 20 January 2014 Primagaz Benelux loaded the first trailer of liquefied natural gas (LNG) at Gate terminal in Rotterdam.
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 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.
LNG World News Staff, January 27, 2014; Image: BP