Oil and gas news briefs February 2, 2012
- Global natural gas production doubled between 1980 and 2010.
- ExxonMobil says it has no plans to curtail natural gas production; Shell says it will focus more on oil-rich shale.
- Cheniere strikes a deal to sell LNG to South Korea from its proposed Louisiana export terminal.
- South Korea buyers paid an average $12.50 per million Btu last year for imported LNG.
- The association of Canadian oil and gas producers has adopted ‘best practices’ for hydraulic fracturing.
- Navistar announces it will build natural gas-fueled trucks; AT&T orders 1,200 natural gas vans from GM.
- And several more news items of interest.
Project updates and other news about the Alaska natural gas pipeline from the Office of the Federal Coordinator.
Posted: February 2, 2012