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Oil & Gas Journal Daily Update
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Oil & Gas Journal Daily Update


March 2, 2009

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On the first Monday of each month, Oil & Gas Journal Monthly Natural Gas and LNG Report delivers news about the global natural gas industry: exploration and development, processing, and transportation including LNG. Selected and written for industry professionals by editors of Oil & Gas Journal, the stories originate in Oil & Gas Journal Online, with reports from around the world. For general interest articles and news about other industry operations, visit http://www.ogjonline.com.

CONTENTS

•Husky proves Liwan as giant field off China

•Woodside has gas find in Greater Pluto area

•Shenzhen LNG regas terminal could cost $1 billion

•Chevron working on FEED for Indonesian gas project

•Petrobras gains regas FSRU for LNG terminal

•CERAWeek: Global LNG supply on rise; project costs falling

•Europe expecting too much from Algeria, analyst says

•Shell nurses Tucumcari gas discovery area

•EOG identifies 5 tcf of gas leads off Trinidad and Tobago

•Tokyo Gas to build fourth LNG terminal in Japan



STORIES

Husky proves Liwan as giant field off China
A delineation well has confirmed the giant nature of Husky Oil China Ltd.'s 2006 deepwater Liwan 3-1-1 gas discovery in the South China Sea.
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Woodside has gas find in Greater Pluto area
Woodside Petroleum Ltd. has made a natural gas discovery with the first well of its 2009 gas exploration drilling campaign in the Greater Pluto region off Western Australia.
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Shenzhen LNG regas terminal could cost $1 billion
A proposed LNG regasification terminal in China's western Shenzhen province may require an investment of as much as $8 billion (HK), according to local media.
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Chevron working on FEED for Indonesian gas project
Chevron Corp. said it may make the final investment decision as early as 2011 on developing Indonesia's first deepwater gas project off East Kalimantan.
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Petrobras gains regas FSRU for LNG terminal
Petrobras in early January took delivery of the Golar Spirit, the world's first floating storage and regasification unit vessel, following commissioning tests on the vessel's regasification trains.
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CERAWeek: Global LNG supply on rise; project costs falling
Global LNG supply by 2013 will jump, as nearly 100 million tonnes/year of liquefaction projects currently near start-up or under construction come on line.
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Europe expecting too much from Algeria, analyst says
Algeria, already the European Union's third-largest foreign gas supplier, is poised to increase its exports by adding a pipeline to Spain and upping capacity of existing links to Spain and Italy.
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Shell nurses Tucumcari gas discovery area
Field reports indicate that Shell Western Exploration & Production LP, Houston, has been spearheading a play for gas in northeastern New Mexico's nonproducing Tucumcari basin.
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EOG identifies 5 tcf of gas leads off Trinidad and Tobago
EOG Resources Inc. has identified almost 5 tcf of natural gas in leads and prospects from its acreage off eastern Trinidad and Tobago.
Click Here for the Full Story

Tokyo Gas to build fourth LNG terminal in Japan
Tokyo Gas, which currently operates three LNG regasification terminals in Japan, has selected the coastal city of Hitachi in Ibaraki prefecture as the site for its fourth facility, the firm's first in 20 years.
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