LNG UPDATE

September 2011 

TABLE OF CONTENTS

INDUSTRY ANALYSIS

OVERVIEW

Douglas-Westwood Predicts LNG Boom of $26 Bln per Year by 2015

AMERICAS

U.S.

Pivotal LNG to Buy 60,000 gpd Alabama Facility

Golden Valley Electric, Flint Hills Sign MoU for North Slope LNG Facility

Federal Regulators Say $200 Mln Budgeted to Begin Environmental Review for Lower 48 LNG Pipeline

Flint Hills, Golden Valley Electric Plan Liquefaction Plant at Prudhoe Bay for Initial Cost of $180 Mln

El Paso Corp Inaugurates $3.5 Bln 680 Mile Wyoming to Oregon Natural Gas Pipeline

CANADA

Progress Energy, Petronas to Develop BC LNG Export Facility

ASIA

AUSTRALIA

Clough DORIS JV Secures LOI Ichthys LNG Project

Sinopec Pays $1.765 Bln for 15 Percent Stake in Australia Pacific LNG Project

UNESCO Concerned about Curtis Island LNG Threat to Great Barrier Reef

ConocoPhillips Warns on $20 Bln Australia Pacific LNG Project Costs, Strong Aussie Dollar

Shell, PetroChina JV Awards Multibillion Dollar Queensland LNG Contracts to CB&I Consortium

Western Australia Seeks To Ease Environmental Impact of Wheatstone LNG

Arrow Energy Awards FEED Work to Saipem, Chiyoda and CB&I JV for LNG Project in Queensland

Wheatstone Clears Environmental Approval Hurdle

Woodside Confident on Browse LNG Decision by Mid Next Year, but Warns on Improving Safety Standards

INDIA

GSPC, Adani Group JV to Invest 50/50 in Mundra LNG Terminal

INDONESIA

ExxonMobil Decides to Sell Interests in Indonesia Aceh Gas Fields and Arun LNG Plant, Signs $746.3 Mln EPC Contract for Banyu Urip Field

Pertamina, PLN to Establish LNG Shipping Company that Will Create Eight Mini LNG Terminals

JAPAN

Japan’s Osaka Gas Plans 230,000 cm Tank at Senboku LNG Terminal

EUROPE / AFRICA / MIDDLE EAST

MOZAMBIQUE

KBR Wins Pre-FEED at Anadarko's LNG Plant Offshore Mozambique

UKRAINE

Ukraine Selects Companies to Participate in Tender to Develop Feasibility Study for LNG Terminal

ISRAEL

Israel's National Planning Council Approves FLNG Terminal Plan Offshore Hadera