Chinese Sovereign Wealth Fund Signs MOU to Buy GDF Suez’s Stake in Atlantic LNG Liquefaction Facility
Posted on Aug 11, 2011 in Financing, Liquefaction | Comments Off on 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...
Kenai LNG Export Facility to Operate into October
Posted on Aug 10, 2011 in Liquefaction | Comments Off on Kenai LNG Export Facility to Operate into October
The Kenai LNG liquefaction facility will continue operations into October of this year, according to facility co-owner and operator ConocoPhillips. However, Reuters reports that long-term plans for suspending LNG export operations at the Kenai LNG facility remain...
European LNG Headlines
Posted on Jul 28, 2011 in Liquefaction, Regas Terminals & Capacity | Comments Off on European LNG Headlines
Statoil Buys LNG from Rivals to Cover Snohvit Outage Period (Reuters) Qatargas Delivers First Cargo to Netherlands (The Gulf Times) Estonian Minister Questions Latvia’s Plan to Build an LNG Terminal (Baltic Business...
Atlantic LNG Board to Vote on Terminal De-Bottlenecking Plan Next Month
Posted on Jul 25, 2011 in Liquefaction | Comments Off on Atlantic LNG Board to Vote on Terminal De-Bottlenecking Plan Next Month
Upstream Online reports that the board for the Atlantic LNG liquefaction plant in Trinidad & Tobago will vote next month on whether to implement a de-bottlenecking project at the...
European LNG Headlines
Posted on Jul 20, 2011 in Liquefaction, Litigation, Regas Terminals & Capacity | Comments Off on European LNG Headlines
Source: Italy Court Accepts Enel Appeal on Sicily LNG Plant (Reuters) Norway’s Snohvit LNG Ramping Up After Maintenance (Platts LNG Daily) [subscription required]
European LNG Headlines
Posted on Jul 19, 2011 in Liquefaction | Comments Off on European LNG Headlines
Statoil’s Snohvit LNG Plant Restarting After Outage (Reuters)