LNG UPDATE
November 2011

TABLE OF CONTENTS

INDUSTRY ANALYSIS
OVERVIEW
Qatar, World's Largest LNG Exporter Changes Export Strategy as U.S. Output Grows
AMERICAS
U.S.
DOE Grants First Part of LNG Export License to Dominion Cove
CANADA
Shell JV Buys Potential Kitimat, BC LNG Export Site from Cenovus
CANADA / JAPAN
Maersk Reaches Deal on Sale of LNG Business for $1.4 Bln to Teekay LNG and Marubeni Corp
ASIA
Shell Says Asia will Drive Energy Growth
ASIA / PACIFIC
GDF Suez Makes Development Strategy Deals with CIC, CNOOC in Asia-Pacific Region
AUSTRALIA
Santos, GDF Suez FLNG Plan now Projected to Late 2018
Ichthys $19.4 Bln LNG Project FID Scheduled for End of Year
WorleyParsons Wins Contract for Wheatstone Construction Management
Sembcorp Marine Wins $100 Mln Contract to Assemble Pipe-Rack Modules for APLNG
LNG Projects will Put Pressure on Australian Pipeline Capacity
INDIA
India's Petronet in Talks to Purchase Overseas LNG Liquefaction Plants
India Clears Petronet Plan to Triple Capacity of Kochi LNG Terminal
PAKISTAN
Pakistan’s OGRA Prepares to Award Port Qasim LNG Import Contract
PAPUA NEW GUINEA
InterOil Seeks Partner for Liquid Niugini Gas Led LNG Project in Papua New Guinea
$15 Bln PNG LNG Project On-Track and On-Budget for 2014 Start-Up
EUROPE / AFRICA / MIDDLE EAST
ALGERIA
Sonatrach Expects to Start Production at New Algeria LNG Unit Next Year
ANGOLA
Angola’s $8 Bln Soyo LNG Project Scheduled to Start Up Before Year-End
KENYA
Kenya Expects Mombasa LNG Terminal to Cost $500 Mln
MOZAMBIQUE
Offshore Mozambique Gas Find to Boost BPCL LNG Market
RUSSIA
Total Becomes Main International Partner for Yamal LNG
Kogas Proposes Mini LNG Plants, DME Plant in Russia's Far East
UKRAINE
Azerbaijan Interested in Participating in Ukraine LNG Terminal Project
IRAN
Iran Says LNG Projects Still Active but Delayed
Iran to Focus on Widening Development of LNG Projects
IRAN / IRAQ
Iran, Iraq to Sign First Natural Gas Contract
IRAQ
Iraqi Cabinet Expected to Approve $17.2 Bln Shell JV Gas Deal
ISRAEL
Israel Signs $140 Mln Deal for Off-shore LNG Terminal