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* Raises long-term LNG purchase to meet rising demand

(Adds details on long-term LNG purchase plan)

(Updates to close)
Australian shares rose for a third straight session on Thursday
on expectations that the European Central Bank would extend its
asset buying campaign at a policy meeting later in the day, with
upbeat Chinese import data adding to the bullish sentiment.

(Thu, 08 Dec 2016) EIA’s U.S. Energy Mapping System and related interactive state maps now include two new layers showing population density to complement layers that already display energy infrastructure, energy resources, storm tracks, and flood hazard areas.

BANGKOK, Dec 8 (Reuters) - Thailand's energy policy
committee has approved a proposal under which state-owned PTT
Pcl will buy liquefied natural gas (LNG) from
Malaysia's Petronas over a 15-year period, the committee said in
a statement on Thursday.

* Local prices surged after govt-enforced mine closures

(Updating with detail, comment)

* Expect steady to moderately higher quotas for 2017
-sources

* U.S. crude inventories fall by 2.4 mln barrels last week
-EIA

SYDNEY, Dec 8 (Reuters) - Planned changes to Papua New
Guinea's mining laws are creating uncertainty ahead of an
upcoming election, despite strong interest in proposed
multibillion dollar mining and energy projects in the Pacific
nation, lenders and advisers say.

* U.S. crude inventories fall by 2.4 mln barrels last week
-EIA

* Other offshore assets and ageing oil non-core

(Adds CEO comments)

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