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Oil & Gas Industry: “East Africa holds next major oil and gas opportunities”, PWC says

East Africa would be the next major oil and gas play on the continent, professional services firm PwC Africa Oil & Gas Advisory senior manager Derek Boulware said on Wednesday.

Mozambique Mining Industry

Technip consortium awarded contract

Technip-PT Wijaya Karya consortium has been awarded a lumpsum EPCI contract which includes gas CPP and flowlines for Pertamina’s Matindok development. Gas from the project will be transported to Donggi Senoro LNG plant.

via Upstreamonline

LNG

CNOOC rules out FSRU for imports in Jiangsu province

CNOOC has scrapped plans to operate an FSRU in Jiangsu province citing regulated gas pricing regime as the hurdle to make the option economically viable. CNOOC released its first FSRU off Tianjin in April due to sizeable operating losses and is using it as an LNG carrier now.

via Upstreamonline

LNG

Lampung FSRU gets LNG cargo

Indonesia’s Perusahaan Gas Negara PGN received the first of five planned LNG cargo this year from the BP-operated Tangguh LNG terminal at its new FSRU located 6 km offshore Lampung. 35 more words

LNG

Here's an effective way to sanction Russia, and why it hasn't happened so far

Western officials hoping to alter the behavior of Russian president Vladimir Putin are examining a lot of targets for sanctions, but analysts say one entity seems to be off the table for now—Gazprom.  920 more words

LNG max pain $72.00 expiration Friday 07/25/2014

The max pain strike for stock LNG and expiration Friday 07/25/2014 is $72.00. Highest put open interest is 67.50. Highest call open interest is 73.00. Put-Call ration is 0.94. 12 more words

An Open Letter to Community from Dominion

“As we move forward with our project to export LNG to America’s allies, we will remain focused on safety. We will continue to provide training and resources for the first responders who protect our community and those of us who work here at Cove Point.”

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