LNG UPDATE

October 2012

TABLE OF CONTENTS

  INDUSTRY ANALYSIS

OVERVIEW

Rise in Global LNG Set to Challenge Oil and Gas Monopolies in the Mideast and Europe

AMERICAS

U.S.

Cheniere Presses Advantage on Corpus Christi LNG Project

CANADA

GAIL Eyes Stake in Repsol's Canaport LNG Unit

Spectra Energy, BG Group to Build $6-$8 Bln Pipeline in B.C.

Agreement between BC and Aboriginal Group Lays Framework for Third Kitimat LNG Export Terminal

CHILE

Höegh LNG Wins FSRU Contract in Chile with Late 2014 Startup

ASIA

AUSTRALIA

SDV Australia Wins $100 Mln Darwin Contract

Technip Wins Subsea Installation Contract for Prelude FLNG Facility

INPEX Awards $275 Mln Ichthys LNG Commissioning to Technip

INDIA

Kochi LNG Terminal to Go on Stream by Year-end

BG Looking to Acquire a Stake in Regas Terminal on India's West Coast

MALAYSIA

GE’s Compressor Technology Selected by Petronas for Asia’s First FLNG Project

UOP, Petronas to Collaborate on Natural Gas Processing Technology

SINGAPORE

$1.7 Bln Jurong LNG Terminal May Turn Singapore into Hub

EUROPE / AFRICA / MIDDLE EAST

ESTONIA

Estonia Most Likely to Build Regional LNG Terminal

MOZAMBIQUE

Anadarko in Talks with Eni to Build $15 Bln Mozambique Offshore LNG Facility

RUSSIA

Gazprom’s Final Vladivostock LNG Decision could Come in 2014

Vladivostok LNG Plant Could Have 10-25 Mln tpy Capacity

Gazprom Prepares Pre-Investment Study for Pechora LNG