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LNG Market Summary: December 2011




Daewoo delivered Sonangol Benguela to Sonangol. APLNG and the Kansai Electric signed HoA for the sale and purchase of LNG. Chubu Electric and Shizuoka Gas executed SPA with QLGC. Sabine Pass signed a SPA with GAIL. Mitsui OSK will transport LNG to a FSRU operated by PT Nusantara. Höegh LNG signed an agreement with Daewoo to initiate a project specific FEED for an LNG FPSO. Development of the first phase of the Greater Western Flank Project was approved. Corpus Christi is developing a LNG export terminal. Arrow filed three draft EIS for the coal seam gas-LNG project. Project specific FEED for the LNG FPSO was completed for the Gulf LNG project. Excelerate Energy executed an agreement with the Puerto Rico Electric Power Authority for a floating offshore LNG regasification facility. InterOil Corp extended the FID dates with Mitsui and Energy World Corp.  Full Article....

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