Copping a beating today., page-2

Some new & old news.

Malaysia’s Petronas could well turn away from its $10 billion LNG project in Canada saying the country’s progress on a new taxation scheme is rather slow.

LNG Limited to add third LNG project in North America Liquefied Natural Gas Limited of Australia is eyeing a third liquefaction project in North America.

Petronas lifts first topside module for PFLNG1 Petronas commenced the lifting of the first topside module for its floating liquefied natural gas (PFLNG1) facility at the Quayside of Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in Okpo, South Korea.

Magnolia LNG reaches milestones Magnolia LNG, a unit of LNG Limited, said that the company achieved two significant milestones this past week in progressing its pending application with the Federal Energy Regulatory Commission (FERC) for its proposed 8 mtpa LNG export project located in Lake Charles, Louisiana.

Former BG CEO joins Golar LNG as chairman Former BG chief executive Frank Chapman has been appointed to the board of directors of Golar LNG and will act as the company’s chairman.