Top news of the week October 13-18, 2014

Arun LNG export story comes to an end

Last week the global LNG industry reached a major turning point after Indonesia’s Arun plant stopped producing LNG.

KBR, Daewoo Score Mozambique FLNG contract

KBR and Daewoo Shipbuilding & Marine Engineering (KD Consortium) has been awarded a front end engineering design contract by Eni East Africa for an FLNG facility for the Coral South Development Project located in Mozambique.

Statoil CEO Helge Lund resigns to lead LNG player BG

Statoil’s CEO Helge Lund will leave after ten years with the company to take up the position as Chief Executive of LNG player BG.

IOC plans USD 4 billion investment in PNW LNG project

Indian Oil Corporation (IOC) aims to invest $4 billion in the Petronas-operated Pacific Northwest LNG project in BC to secure supplies of the chilled gas.

Samsung scores LNG tanker order

Samsung Heavy Industries (SHI) said it has secured an order for three new LNG carriers worth USD 620 million.

LNG World News Staff, October 19, 2014