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The East Timorese government has long hoped that East Timor would be selected as the site for a $12 billion LNG export plant proposed by a consortium of energy companies, led by 33.44% stakeholder, Woodside Petroleum. Project management, however, on July 31, 2008, announced that they have decided to eliminate East Timor from the list of possible sites.

Woodside is now considering using a 530 km pipeline to transfer the gas from the Timor Sea to ConocoPhillips’ Darwin LNG in Northern Territory, Australia, or liquefying the gas offshore via an FPSO unit. More...

In a July 24 report from The Jakarta Post, Korea Gas (Kogas) has decided to purchase LNG from Indonesia’s Tangguh plant at a record price of $20 per million British thermal units.More...

On July 28, Algeria’s Sonatrach awarded a €2.8 billion ($4.5 billion) EPC contract for Gassi Touil LNG to a joint venture between Italy’s Saipem and Japan’s Chiyoda.More...

The German government approved a $150 million deal for Steiner Group, a western German engineering company, to construct three 10,000 barrel per day Gas-to-Liquids (GTL) plants. Many reports from around the world have incorrectly categorized this as an LNG plant deal. The Siegener Zeitung, the local newspaper where Steiner operates, broke the story that the company had won a contract to build three GTL plants (für den Bau von drei neuen GTL-Anlagen) in Iran. More...

Woodside announced on July 31 that it has decided to eliminate East Timor from the list of possible sites for its Greater Sunrise LNG project. More...

1) Neptune LNG Commences Construction

On July 23 in Boston, Suez LNG announced it had begun construction on the offshore Neptune LNG terminal. The first phase of construction should be completed by September of 2008.More...

The Prime Minister of Croatia, Ivo Sanader, commented in a radio interview on August 4, that the proposed Croatian LNG regasification facility could be operational by 2014. This is a later date than was previously announced; in October of 2007, it was predicted that the terminal would open in 2012.More...

1) Exelerate and Repsol Succeed In Dockside Ship-to-Ship LNG Regasification

On July 21, Repsol announced that a successful ship-to-ship transfer and regasification of 131,433 cubic meters of LNG occurred at Bahía Blanca between the Excelsior and the Excelerate ships. Excelsior then docked and hooked up to the gas network, where it injected gas at a rate of 8 million cubic meters per day.More...