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Gas Processing/LNG

Gazprom to market LNG of Tamar project in Israel

The state-controlled energy firm is increasing its involvement in LNG as demand for gas delivered by pipeline to Europe, its most lucrative market, declines. In recent years large amounts of natural gas have been discovered off Israel's coast. The Tamar field contains around 9 trillion cubic feet of gas.

IEA eyes Singapore as Asia natural gas trading hub

Governments in the region need to work to allow markets to decide natural gas prices with minimal interference and through price deregulation, while also meeting institutional requirements to attract new market participants, Maria van der Hoeven, IEA executive director, told a Tokyo conference.

Sempra expects US gas-export approval in 2013

The company applied in December with the Federal Energy Regulatory Commission for approval of the project, and it expects to obtain the agency's approval by the end of this year, said Sempra CEO Debra Reed. The gas-export terminal is designed to export up to 12 million tpy of natural gas.

Shell to acquire Repsol gas liquefaction facilities in Peru, Trinidad and Tobago

Long rumored, the acquisition includes LNG assets outside of North America, including supply positions in Peru and Trinidad & Tobago, for a cash consideration of $4.4 billion. Shell will also assume balance sheet liabilities predominantly reflecting leases for LNG ship charters of currently $1.8 billion.

UAE group signs land lease for LNG import terminal

Construction of the liquefied natural gas complex is expected to begin later this year. The local government of Fujairah, one of the seven emirates that make up the UAE, is also to reclaim land from the sea for the regasification facility, which will be capable of handling the largest LNG tankers.

Chevron invests in Australian shale gas assets

The deal for up to 60% of Beach's interests in two blocks in central Australia's Cooper Basin cements Chevron's status as one of the biggest investors in natural gas down under. It is already leading development of the Gorgon and Wheatstone LNG projects in Western Australia state.

Cheniere to start US LNG export facility in late 2015

The announcement underscores how Cheniere, the only company to possess the necessary government permits to export natural gas to countries not in free-trade agreements with the US, is on schedule with its first two processing units while government regulators pore over other permit applications.

Air Products to build air separation units for China coal gasification facility

At Lu'An's Changzhi City facility, the coal-to-liquids project will produce mainly diesel fuel and derivatives. Air Products' ASU trains will include design enhancements to minimize operating costs through energy efficiency. It is the second-largest ASU onsite order ever awarded to the company for a single project.

ONGC mulls Mangalore LNG terminal in India with Bharat Petroleum, Mitsui

The company didn't say how much the proposed LNG terminal would cost, but said a typical terminal which can handle 5 million tpy of LNG usually takes around $1 billion to build. ONGC believes getting into the LNG terminal business is a right fit since the company is involved in natural gas production.

EmberClear finishes technical study on Mississippi gas-to-liquids proposal

If the project proceeds, it will be capable of producing 4,000 tpd of methanol or 14,000 bpd of gasoline. This project's proximity to cheaper sources of gas and the Gulf Coast petrochemical hub creates the potential for attractive pricing, efficient access to markets and multiple modes of transportation.