Oil and gas news briefs December 13, 2012

• Macquarie analyst says new Australia LNG projects uncompetitive
• CEO says LNG newcomers are damaging Australia’s reputation
• PetroChina pays $1.6 billion for stake in Australia LNG project
• Australia LNG exports could squeeze domestic market
• Qatar looking to reduce spot sales of LNG
• Corporate CEO comes out in support of U.S. LNG exports
• Retiring U.S. senator wants to liberalize nation’s LNG export laws
• Imperial Oil, ExxonMobil looking at B.C. LNG exports
• Investigation blames fracking for Alberta well blowout
• Warm winter, low natural gas prices would hurt producers
• Mississippi county grants property tax exemption for LNG terminal
• Iowa to issue $1.2 billion in bonds for nitrogen fertilizer plant
• Some analysts say oil prices could fall next year
• Egypt may have to import LNG as producers cut back on drilling

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