Saudi Arabia - joining the dots

A series of blog entries exploring Saudi Arabia's role in the oil markets with a brief look at the history of the royal family and politics that dictate and influence the Kingdom's oil policy

Monday, 19 August 2019

Cameron LNG Commences Commercial Operations For Train 1 Of Liquefaction-Export Project

Cameron LNG to Start Recognizing Revenues from Train 1 Sempra Energy's Share of Full-Year Run-Rate Earnings from the First Three Trains are Projected to be Between $400 Million and $450 Million Annually Press release as follows: Sempra LNG, a Sempra Energy subsidiary, today announced that Cameron LNG's first train of the liquefaction-export project in Hackberry, Loiusiana, has begun commercial operations under Cameron LNG's tolling agreements. "This...

Thursday, 15 August 2019

PNG seeks to renegotiate Papua LNG

The PNG Minister for Petroleum issues the below release on re-opening the Papua LNG terms for negotiation. PRESS RELEASE STATE TEAM HEADING OUT TO RE-NEGOTIATE WITH TOTAL The National Executive Council has authorized a State Negotiating Team (SNT) lead by the Minister for Petroleum, Kerenga Kua, to head off to Singapore to seek to re-negotiate the terms of the Papua LNG Gas Agreement previously signed on 19 April 2019. The SNT left today 15 August for Singapore. The Papua Gas Agreement was signed by the previous O'Neill led Government inside...