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Apache Focused on Asian Markets for Kitimat LNG Exports

BusinessWeek offers an analysis of Apache’s marketing efforts for output from the company’s planned Kitimat LNG liquefaction facility. The piece reports that Apache hopes to secure long-term contracts with customers serving Asian gas...

European LNG Headlines

RWE Pays Steep Premium for First Dutch LNG Delivery (Reuters) Norwegian Bank to Finance Up to $4B in LNG Ship Orders (Kipp Report) Slovenia Slams Italy’s Trieste LNG Plans...

Chinese Sovereign Wealth Fund Signs MOU to Buy GDF Suez’s Stake in Atlantic LNG Liquefaction Facility

China Investment Corp. (CIC), China’s sovereign wealth fund, has signed a Memorandum of Understanding (MOU) with GDF Suez to acquire GDF Suez’s 10 percent stake in liquefaction train 1 at the Atlantic LNG facility in Trinidad & Tobago and production payments for trains 2, 3, and 4. In the deal under negotiation, CIC also would acquire 30 percent of GDF Suez’s...

Wood Mackenzie: Economics Attractive for Exporting LNG from Alaska’s North Slope

Energy consultancy Wood Mackenzie has issued a study that concludes that LNG exports from Alaska’s North Slope to Asian customers make economic sense. The study, prepared for the Alaska Gasline Port Authority, compared LNG exports with transportation to Canadian and U.S. Lower 48 customers via pipeline. Find further details in World Gas Intelligence [subscription...

Sempra Energy CEO Says U.S. LNG Exports Possibility at Cameron Terminal

Debbie Reed, chief executive of Sempra Energy, said yesterday during a conference call with industry analysts that the company may install LNG liquefaction facilities at the Cameron LNG terminal “if we can get long-term contracts with a counterparty.” The Wall Street Journal provides additional...

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