Also with an eye to Sakhalin, the Korea Gas Corporation, the world's biggest buyer of liquefied natural gas, plans to invite companies on Friday to submit bids for a 20-year supply contract that could be worth $25 billion.
The company, which provides services to companies exploring for oil and natural gas, plans to sell 21.7 million shares at an estimated $22 to $24 a share to underwriters.
Even if Beijing's shale-gas plans come to nothing, supplies from Central Asia and new regasification terminals along its coast may allow China to reach its natural-gas consumption targets without pricey Siberian supplies.The glut has weakened Gazprom's position in Europe, too.
Prudhoe Bay also contains a major deposit of natural gas; plans for its development and export were discussed in the early 21st century.
It quoted the CCC's chief executive saying: "Early decarbonisation of the power sector should be plan A - and the dash for gas Plan Z".
But the new Republican governor also inherits a battle with the Bush administration because of the state's greenhouse gas plan.
"Santos should take AGL's lead to drop its coal seam gas plans in NSW and leave the Pilliga forest," said Naomi Hodgson from the Wilderness Society.
Close to the exploratory shale drill in nearby Susiec, Jacek, a 40-year-old shop worker said that the shale gas plans "are going to be good as there will be jobs for us and gas will be cheaper.
Johnson & Johnson, the pharmaceutical giant in New Brunswick, signed up with the state's greenhouse gas plan this summer and is putting it into action at its corporate units within the state.
DOHA, Qatar, April 9 (AP) — The world's largest exporters of natural gas plan to establish a high-level group on gas pricing, the Russian energy minister said Monday, as his Iranian and Qatari counterparts denied that the group aimed to establish a cartel.
