Top News of the Week Feb 11 – 16, 2013

“Time Out” on LNG Exports Sought from Obama Administration, USA

In a major issue advertisement appearing in New York Times, more than 40 groups and high-profile individuals are calling on President Obama to take a “time out” in the headlong run to export more than 40 percent of America’s natural gas for use by other nations.

India: Shell Plans USD 1 Billion FLNG Terminal

LNG player Shell plans to invest USD 1 billion in constructing a floating liquefied natural gas terminal offshore Kakinada, Andhra Pradesh in India, local media reported.

Apache, Chevron Complete Kitimat LNG Transaction (Canada)

Apache Corporation said that its subsidiary Apache Canada has completed the previously disclosed transaction with Chevron Canada Limited to build and operate the Kitimat LNG project and develop world-class natural gas resources at the Liard and Horn River basins in British Columbia, Canada.

Shell: The Life of an Onshore Well: Finding and Producing Tight or Shale Gas & Oil (VIDEO)

Shell posted a video about the full life cycle of a tight or shale gas or oil well.

USA: Freeport LNG Inks 20-Year LTA with BP

Freeport LNG Expansion said that it had entered into a binding 20-year Liquefaction Tolling Agreement (LTA) with BP for 4.4 million tons per annum (mtpa), equivalent to the production capacity of the second train of Freeport LNG’s proposed natural gas liquefaction and LNG loading facility on Quintana Island near Freeport, Texas.

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LNG World News Staff, February 17, 2013