Wednesday 08 September 2010
Top Story
South East Asia - LNG
Singapore LNG seeks refinery and petrochemical buyers

UK’s BG gas, the appointed gas distributor for the planned Singapore LNG import terminal on Jurong Island, is seeking to secure sales contracts with refineries and petrochemical plants in the country...[ more ]

Today's Headlines
Russia / CIS Region - Pipelines
Gazprom’s deal to double Azerbaijani gas imports not a “confrontation with Nabucco”

“It is not correct to regard our agreements with Azerbaijan as a confrontation with Nabucco,” a Gazprom spokesperson told Gas Matters Today in response to claims that a recent deal to increase gas imports from Baku is intended to undermine gas supplies for the EU-backed pipeline project...[ more ]

Russia / CIS Region - Companies
Gazprom may sell its SeverEnergia JV stake to Gazprom Neft and Novatek

Gazprom may sell its 51% stake in SeverEnergia to a joint venture (JV) of its oil arm Gazprom Neft and independent Russian gas producer Novatek, a Gazprom Neft spokesperson said on Tuesday...[ more ]

East Asia - Policy
China’s Jiangsu province to increase gas prices

China’s Jiangsu province on the country’s eastern coast plans to increase gas prices to residential users by the end of this year following nation wide price hikes in June...[ more ]

Russia / CIS Region - Companies
Ascom takes Kazakh state to Stockholm Court of Arbitration

Oil & gas explorer Ascom announced on Wednesday that it has submitted a request for arbitration to the Arbitration Institute of the Stockholm Chamber of Commerce against the Government of Kazakhstan for the illegal expropriation of Ascom’s investments in Kazakhstan...[ more ]

Europe - Upstream
Suncor Energy agrees to sell non-core UK North Sea assets to Dana Petroleum

Suncor Energy announced on Wednesday that it has reached an agreement to sell 12 offshore production and exploration licenses in the UK’s North Sea for £240 million ($371 million) to an affiliate of Dana Petroleum...[ more ]

East Asia - Unconventional Gas
China’s Liulin CBM project signs sales agreement

China United Coal Bed Methane (CUCBM) has entered into a Gas Sales Agreement (GSA) on behalf of the Liulin gas project - in which Australia-based coal-bed methane player Dart Energy is a stakeholder - with Shaanxi CUCBM, which markets and sells gas for power generation in Shaanxi province, China...[ more ]

North America - Unconventional Gas
Chesapeake shale gas drilling blamed for water contamination in Pennsylvania

Pennsylvania’s department of environmental protection suspects that methane detected in the Susquehanna River and at six private water wells in the area probably came from wells drilled in the Marcellus Shale by Chesapeake Energy...[ more ]

Europe - Markets
PGNiG requests 10% gas price increase

Poland’s PGNiG has asked the country’s regulator URE for permission to increase gas tariffs by 10%, PGNiG’s chief executive Michal Szubski said on Tuesday...[ more ]

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