Oil and gas news briefs October 15, 2012

• LNG buyers and sellers hung up over pricing
• Weakening demand could drive down spot LNG prices
• Chubu Electric signs second long-term LNG contract with Qatargas
• Exxon says no decision on offshore Australia gas field until 2013
• Qatar holds majority stake in proposed U.S. LNG export terminal
• Analysts predict 6 North American LNG export plants
• Pennsylvania may get first new power plant to burn Marcellus gas
• Gas producers help fund university study of methane leaks
• GAO report says risks of shale oil and gas drilling unknown
• Ohio residents block well construction for five hours
• IEA says Russia not likely to replicate U.S. shale success
• Canadian provinces feel budget pain of weak natural gas markets
• Puerto Rico drops plan for natural gas pipeline

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