• Spain’s Enagas has completed the acquisition of a 20% stake in the GNL Quintero import terminal in Chile from BG Group. The company paid $176 million for half of the UK gas player’s holding after receiving all of the required approvals.The new Quintero shareholding structure sees Enagas join ENAP, Endesa Chile, Metrogas and BG Group with equal 20% stakes.
  • Dialog Group, the Johor government and Vopak will stump up more than 4 billion Malaysian ringgit ($1.3 billion) to develop the Pengerang LNG import terminal in Malaysia. Prime Minister Najib Razak included the regas plan in a list of seven development projects he unveiled this week.“The terminal will be the first independent LNG trading terminal in Asia, allowing multiple LNG users to store and trade the product,” the premier said, according to The Star Online.
  • Japan’s top 10 power utilities imported 5.31 million tonnes of LNG in August, the highest level ever for that month. The figure represents a 0.6% jump compared with last year’s 5.28 million tonnes, according to the Federation of Electric Power Companies. LNG imports have been surging ever since an earthquake and tsunami last year caused a nuclear meltdown at the Fukushima plant.