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Japan Faces Indonesian Gas Cuts

In 2006, Japan purchased 62.2 million tons of LNG from abroad, up 7.2 percent, or 4.2 million tons, from 2005, to supply 96.4 percent of its LNG needs. Indonesia was the largest supplier to Japan in 2006, exporting 13.99 million tons, followed by Australia, Malaysia, Qatar, Brunei and the United Arab Emirates, which shipped 12.16 million tons, 12.02 million tons, 7.48 million tons, 6.50 million tons, and 5.31 million tons.

 
Quorum Oil and Gas signs LOI for 15 mln usd investment in Wellpoint
LONDON, Feb. 15, 2008 (Thomson Financial delivered by Newstex) -- Investment firm Quorum Oil and Gas Technology Fund Ltd said it has signed a letter of intent for a 15 mln usd investment in Canadian software firm WellPoint (NYSE:WLP) Systems Inc.