LNG UPDATE

September 2012

TABLE OF CONTENTS

INDUSTRY ANALYSIS

AMERICAS

U.S.

Marquard & Bahls and Linde Group to Form Joint Venture for Maritime LNG Infrastructure in Europe

Cheniere Issues Notice to Proceed with First Two Liquefaction Trains for Sabine Pass with Total Project Cost of $5.6 Bln

China and Singapore to Invest $1 Bln in U.S. Cheniere LNG Facility

U.S. Policy Debate Underway Concerning Natural Gas Exportation

CHILE

Chile Energy Companies Colbun, AES Gener to Work in LNG Project

ASIA

AUSTRALIA

$25 Mln Gorgon LNG Vessels Contract Goes to Singapore’s Miclyn Express

Curtis Island $71 Mln Services Contract Goes to Ezion Holdings

EAST Coast Pipeline Awarded $150 Mln APLNG Pipe Contract

New Report Says Australia could Become the World's Biggest LNG Supplier by 2020

Woodside Waives Rights to Acquire Chevron's Browse LNG Interests

Chevron Says Future Australian LNG Projects at Risk Due to Cost and Poor Productivity

Woodside Puts $15 Bln Pluto LNG Expansion Plan on Hold

ConocoPhillips Announces Second $6 Bln Train for APLNG Project

INDIA

India’s JV LNG Power Plant Construction to Start Soon

INDONESIA

Pertamina Revives Plan for FLNG Terminal in Central Java

PAPUA NEW GUINEA

Papua New Guinea Suspends Cancellation Notice for LNG Project

EUROPE / AFRICA / MIDDLE EAST

LITHUANIA

Norwegian Hoegh to Borrow $250 Mln to Build FLNG Unit

POLAND

Polskie LNG Says Terminal Project Unaffected by Contract Termination

NETHERLANDS

Gasunie, Vopak Sign Shell Contract for LNG Break Bulk Terminal

TANZANIA

Tanzania Seeks Statoil's Support to Build LNG Terminal with BG Group

RUSSIA

Shtokman Project Partners Say Development Costs 'Too High'

UKRAINE

Kogas May Invest in LNG Terminal Offshore Ukraine

IRAN

Iran LNG and China Suspend $3.3 Bln LNG Project

QATAR

Qatargas to Shut Two LNG Trains for Maintenance in September