Back in 2011, Shell took the final investment decision (FID) on its Prelude FLNG project and started having a floating liquefied natural gas (FLNG) terminal built in South Korea in order to produce and export LNG from the so-called Browse Basin, about 300 miles off the coast of Western Australia. This project is the first… Keep reading →
Myanmar
Will Floating LNG Mark a Crucial Milestone in Future Offshore Global Gas Development?
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We will never sell or share your information without your consent. See our privacy policy.Powering Myanmar: FDI, Geopolitics and the Appetite for Risk
By Kate Rosow ChrismanIn the last article of Breaking Energy’s series on Myanmar, we take a look at the state of foreign investment. For more on the challenges facing the government and how the country uses electricity, see the first article. For details on the government’s pricing structure and demand projections, see the second article. While residents… Keep reading →
Powering Myanmar: Investors Watch Closely as Government Cautiously Cuts Subsidies
By Kate Rosow ChrismanIn the second part of our series on Myanmar’s power sector, Breaking Energy takes a look at the pricing structure and future demand projections. Both are integral to understanding the third installment on independent power producers (IPPs) and foreign direct investment (FDI). See the first installment on challenges facing the newly-democratic nation here. The government… Keep reading →
Powering Myanmar: The Tricky Tale of Natural Gas, Hydro, Protests and Foreign Investment
By Kate Rosow ChrismanIn this series on Myanmar’s power sector, Breaking Energy takes a look at the dynamics of the sector, what’s driving change, how foreign investors are getting involved, and the challenges facing the government. In Part I below, we examine the state of the sector. Last November, residents of the new, more democratic Myanmar took to… Keep reading →
Energy News Roundup: PetroChina to Buy Stake in Iraq’s West Qurna Field from ExxonMobil
By Conway IrwinWe hope everyone had a wonderful Thanksgiving and ate far too much yesterday… PetroChina has agreed to buy 25% of the West Qurna oil field in Iraq from ExxonMobil for an undisclosed sum. An analyst at Sanford Bernstein previously estimated the value of ExxonMobil’s 60% interest in the field at $3 billion. [Bloomberg] An easing… Keep reading →