Subscribe free to our newsletters via your
. GPS News .




OIL AND GAS
Woodside Petroleum lands deal for U.S. LNG
by Daniel J. Graeber
Perth, Australia (UPI) Jul 1, 2013


disclaimer: image is for illustration purposes only

A Singapore subsidiary of Australian energy company Woodside Petroleum said Tuesday it signed a deal to secure liquefied natural gas from a facility in Texas.

"From a geographic, pricing and specification perspective we expect this U.S. LNG to be attractive to LNG purchasers, complement our existing LNG portfolio and allow us to exploit new opportunities," Woodside Chief Executive Officer Peter Coleman said in a statement.

Woodside Energy Trading Singapore Ltd. signed a binding agreement with Cheniere Energy to buy approximately 850,000 tons of LNG per year from an LNG export facility being developed near Corpus Christi, Texas.

The 20-year agreement for Woodside includes an option to add another 10 years to the contract.

Cheniere said in a separate statement the LNG would be loaded onto vessels secured by Woodside. First deliveries of LNG are expected by 2019.

To date, Cheniere said it's entered into sales purchase agreements for 6 million tons of LNG per year. Construction on the LNG export facility is expected to start early next year.

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





OIL AND GAS
European natural gas supplies at winter levels, Gazprom says
Moscow (UPI) Jun 27, 2013
European consumers serviced by Gazprom are getting natural gas at levels they'd normally get during the winter, the company's chief executive said Friday. Gazprom CEO Alexei Miller said the volume of gas to Europe is more than sufficient to meet demands. Gazprom, he said, is helping address the shortage of natural gas extraction from European countries. "We have been able take ad ... read more


OIL AND GAS
'Land grabbing' could help feed at least 300 million people

Straw albedo mitigates extreme heat

Reorganization of crop production and trade could save China's water supply

Syria inks Russian deal for Tigris irrigation project

OIL AND GAS
Move Over, Silicon, There's a New Circuit in Town

Swell new sensors

Ultra-thin wires for quantum computing

Quantum computation: Fragile yet error-free

OIL AND GAS
South Korean jets arrive for modernization

High-tech hot air balloon floats to 120,000 feet

200th production NH90 delivered to Belgium

'Highly likely' MH370 on autopilot when it went down: Australia

OIL AND GAS
Google Android software spreading to cars, watches, TV

Toyota names price for new fuel cell car

NMSU PACE team develops mobile transportation device

Hybrid Vehicles More Fuel Efficient In India, China Than in US

OIL AND GAS
Bilateral trade with China could reach $200 billion, Russian minister says

Landmark Swiss-China free-trade deal comes into force

Lew says China's currency still undervalued

China opens tea, yachts to foreigners in free trade zone

OIL AND GAS
Incentives as effective as penalties for slowing Amazon deforestation

New study shows Indonesia's disastrous deforestation

Australian greens hail Tasmanian Wilderness decision

Conifers may give way to a more broad-leafed forest in the next century

OIL AND GAS
Shifting land won't stop your journey

NASA's OCO-2 Will Track Our Impact on Airborne Carbon

ADS launches Radar Constellation Challenge with HisdeSAT

NASA to Launch Carbon Observatory

OIL AND GAS
A smashing new look at nanoribbons

Scientists Develop Force Sensor from Carbon Nanotubes

Nanoscale composites improve MRI

DNA-Linked Nanoparticles Form Switchable "Thin Films" on a Liquid Surface




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.