LNG Export Terminal

Shell and ExxonMobil head to head in Papua New Guinea

Shell and ExxonMobil court InterOil for new LNG project The super major companies Shell from The Netherlands and ExxonMobil from USA are head to head in intensive negotiations with InterOil Corporation (InterOil) for the development of world scale liquefied natural gas (LNG) projects in Papua New Guinea (PNG). Listed in New York Stock Exchange, InterOil was …

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$5.4 billion funding ready to start Cheniere LNG Phase 1

Cheniere secured first phase Sabine Pass LNG funding In February, the private equity firm Blackstone Group LP (Blackstone) provided Cheniere Energy Partners (Cheniere) with $2 billion to finance Sabine Pass LNG Export Terminal conversion project. Since then Cheniere had appointed eight financial institutions to raise up to $4 billion in debt to complete the financing. As …

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Malaysian Petronas runs global with Canadian Progress takeover

Petronas to pay $5.3 billion Progress Energy Resources  The Malaysian NOC Petronas and the Canadian Progress Energy Resources (Progress) have signed an agreement for a friendly takeover of Progress by Petronas. The integration will be done through Petronas Canada to remain based in Calgary, Alberta, for upstream with commercial office in Vancouver,BC,  for LNG. The …

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$17 billion Shell & Mitsubishi gas flare recovery in Iraq

Shell and Mitsubishi to gather gas from Basra oil fields The Iraq Government has given its nod to the natural gas exploration deal signed between Shell from the Netherlands and Japan’s Mitsubishi Corporation (Mitsubishi). The project, which requires capital expenditure of around $17.2 billion, was initially signed in 2008. The joint venture,  Basra Gas Company (BGC) is state-controlled …

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Kogas, Mitsubishi, PetroChina and Shell announce LNG Canada

After Kitimat LNG, LNG Canada will boost LNG Export Shell Canada Limited, Korea Gas Corporation (KOGAS), Mitsubishi Corporation (MC), and PetroChina Company Limited (PetroChina or CNPC) today announced they are jointly developing a proposed liquefied natural gas (LNG) export facility near Kitimat, British Columbia,Canada. The demand for natural gas, the cleanest burning fossil fuel, remains …

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LNG Train

Definition LNG Train refers to the compressors train used in industrial process to convert natural gas into Liquefied Natural Gas, called LNG. Comments The process to convert natural gas into LNG is based on three steps, gas treatment, gas compression and refrigeration. Since the natural gas contains many non-methane gas and impurities and water which can …

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“LNG”

Definition LNG is the acronym of Liquefied Natural Gas. The Natural Gas is Methane. The operation of Liquefaction is made by the compression of the gas at moderate pressure and cooling at the cryogenic temperature of – 160°C. LNG is a clear, colourless, non-toxic liquid. The volume of the LNG is 1/600th of its volume as …

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