LNG UPDATE

January 2012 

TABLE OF CONTENTS

INDUSTRY ANALYSIS

AMERICAS

U.S.

Nexen-Inpex Shale Gas Deal could Lead to Kitimat LNG Expansion

Cheniere Developing LNG Project at Existing Corpus Christi Site

PUERTO RICO

Excelerate Signs for Puerto Rico’s Aguirre GasPort Floating Regas Project

BRAZIL

Petrobras Says Final Decision on Presalt FLNG in March, 2012

COLUMBIA

Colombia will Need LNG Import Facilities by 2015

ASIA

AUSTRALIA

Inpex Sells all of Ichthys Offtake

Japan Signs Off on Massive $70 Bln Australia Ichthys LNG Project

Sinopec to Spend $1 Bln to Increase Australian LNG Stake

Norway’s Kvaerner Seeks to Expand Engineering Presence in Australia’s LNG Sector

Woodside, Partners Seek $35 Bln Browse LNG Decision Delay

INDIA

India's Petronet to Complete Dahej LNG Terminal Expansion for $565 Mln to 15 mil mt/year by 2015

Indian State May Intervene in Gujarat LNG Terminal Impasse

INDONESIA

ENI Wins Two Inshore and Offshore Exploration Contracts in Indonesia

PAPUA NEW GUINEA

InterOil Extends PNG LNG Project Deals

EUROPE / AFRICA / MIDDLE EAST

BALTIC REGION

European Commission to Do Study for Best Baltic LNG Terminal Site

AFRICA

India’s IOC, GAIL Looking to Join African LNG Projects

NIGERIA

Nigeria Seeks to Become World's Largest LNG Producer

RUSSIA

Gazprom Plans Attracting Japanese Capital for Primorye LNG Plant Project

Gazprom Signs $394.5 Mln Contract with Sovcomflot for LNG Carriers

Gazprom to Build Urals LNG Plant by 2013 and Modernize Existing Plants

UKRAINE

Lack of Funding Causes Ukraine to Postpone LNG Terminal

IRAN

Iran Says Lavan Island will Become Petrochem Hub

ISRAEL

Hoegh to Carry out Tamar FLNG FEED