LNG Energy Ltd. announced that hydraulic stimulations were performed on both the Cambrian and Ordovician intervals in the Lebork S-1 well following LNG’s Performanced Based Reservoir Characterization Plan. The stimulations and subsequent flowback resulted in gas being flared from each interval, although only a small percentage of the designed proppant quantity and concentration was placed. Approximately [...]
State-owned Israel Natural Gas Lines said on Monday it signed a deal with Italian marine contractor Micoperi to build an off-shore liquefied natural gas terminal costing about 500 million shekels ($140 million). The company said in a statement that the terminal, to be built some 10 kilometres out from the Mediterranean coastal city of Hadera, [...]
LNG, as a promising fuel alternative, has not been used for container vessels. DSME and Germanischer Lloyd (GL) have proved the feasibility of running large container vessels on LNG in a recently completed joint project. At a press conference held during the Kormarine Trade Fair in Busan, both parties announced the progress they have made [...]
Eni presents the tenth edition of World Oil and Gas Review, a worldwide statistical review on oil and natural gas consumption, production, reserves, imports and exports. During 2010, oil demand rose to approximately 87.9 million barrels/day: +3.4% from the previous year. This growth has been driven by non-OECD countries’ population and pro capita income growth [...]
![Australia: Qld LNG Exports May Slow Shift from Coal Power]()
Queensland’s $50 billion of planned gas export projects could slow the nation’s move away from coal-fired power by making domestic… (theaustralian) Source: theaustralian, October 31, 2011;
![Australia: NWS LNG Sees Decision on Western Flank Project in 2012]()
Australia’s North West Shelf LNG joint venture is targeting a decision on the first phase of its Greater Western Flank development in 2012… (platts) Source: platts, October 31, 2011;
![Japan: Transport Ministry to Introduce Safety Standards for LNG-Powered Ships]()
The Japanese transport ministry will draw up safety standards for ships powered by liquefied natural gas to speed commercialization of the… (mainichi) Source: mainichi, October 31, 2011;
![Rusia: Novatek Plans to Double Gas Output by 2020]()
Private Russian gas producer Novatek is expected to double its gas output by 2020 from its current level, the company’s Deputy CEO… (prime-tass) Source: prime-tass, October 31, 2011;
![UK Prompt Gas Slips]()
British prompt gas prices slipped to a 10-day low on Monday morning as milder-than-normal weather weighed on demand and a healthy liquefied… (reuters) Source: reuters, October 31, 2011;
![Santos: Only Way to Meet Eastern Australia Gas Demand is Allow CSG]()
The only way to meet a tripling in natural gas demand in eastern Australia is by allowing unconventional gas projects, including CSG… (adelaidenow) Source: adelaidenow, October 31, 2011;
