Top news of the week March 2 – 7, 2015

Petronas to reach PNW LNG FID by June 2015

Petronas of Malaysia expects to reach the final investment decision on the Pacific NorthWest LNG project by June.

Gorgon’s train 4 expansion gets EPA’s conditional approval

Chevron’s Gorgon development fourth train expansion proposal, which is expected to expand the LNG production capacity on Barrow Island from 15 to 20 mtpa, has been recommended for conditional approval by the Environmental Protection Authority.

BG: LNG market entering a period of supply growth

For the LNG market, 2015 will be marked by increasing volatility as new ‘waves’ of supply start adding volume together with new markets opening up, according to BG Group’s annual Global LNG Market Outlook.

Litgas, Cheniere sign LNG deal

Litgas, part of the Lithuanian state-controlled Lietuvos Energija energy company group, signed a master trade agreement to enable purchases of LNG from Cheniere Marketing, a unit of Cheniere Energy.

”K” Line plans big LNG fleet expansion

Kawasaki Kisen Kaisha (”K” Line) of Japan said it aims to expand its fleet of LNG carriers to 61 vessels by FY 2019.

LNG World News Staff