1-2-12

Gas News From Office of the Federal Inspector:

• Marcellus production reaches 7 billion cubic feet of gas per day
• Florida utilities double reliance on gas-fired generation
• Japan’s November LNG imports down 4.5% from a year ago
• Chevron’s move helps, but Canadian LNG needs to compete on cost
• Chevron deal at Kitimat could take priority over Australia expansions
• Woodside, Shell and partners face decision on Browse LNG project
• BG secures U.S. Export-Import Bank loan for Australia LNG project
• Conoco signs deal to search for shale gas in China
• Huge Nevada gold mine converting from propane to natural gas
• Producers find new ways to move oil to market