Shell wins 3 more Sakhalin LNG salesNew agreements with Japanese utilities give Sakhalin 2 commitments for 75 percent of initial output capacity; BP-led Tangguh LNG project gets $1.4 billion; Conoco plans more Timor drilling this year for big Darwin liquefied natural gas plant Allen Baker Petroleum News Contributing Writer
Shell Gas & Power has announced three new deals with Japanese companies for LNG shipments from the Sakhalin 2 project. The agreements give the $12 billion project an outlet for 75 percent of the 9.6 million tonnes of liquefied natural gas that will be produced annually, starting in 2007. Sakhalin 2....
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$1.4 billion for Tangguh ConocoPhillips plans Timor drilling
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