In this issue

 

Excelerate Energy has signed a Letter of Intent (LOI) with Daewoo Shipbuilding and Marine Engineering (DSME) to build up to seven FSRUs. 

Thursday, 16 February 2017

Thomas Thorkildsen has joined Flex LNG as Senior Vice President, Business Development. 

Thursday, 16 February 2017

GasLog Ltd has completed the purchase of a 20% shareholding in Gastrade. 

Qatar Petroleum (QP), Total, Mitsubishi, ExxonMobil, and Höegh LNG have confirmed their commitment to further an LNG import project in Pakistan. 

Thursday, 16 February 2017

GasLog Ltd and GasLog Partners have appointed Alastair Maxwell as CFO, effective immediately following the 20-F filings for GasLog and the Partnership, anticipated to be in early March, 2017.

Thursday, 16 February 2017

During the last 10 years, the Russian Maritime Register of Shipping (RS) has been continuously developing its competence in LNGCs, it claimed. 

Thursday, 16 February 2017

Shell Eastern Petroleum and Pavilion Gas are to start supplying LNG to Singapore later this year under contracts awarded in 2016. 

Thursday, 16 February 2017

JERA, the Japanese energy giant, purchased LNG from the contiguous US for the first time at the beginning of January this year. 

Thursday, 16 February 2017

LNGC and tanker owner and operator, MISC, has reported that group revenue for the fourth quarter of last year was 24% lower than the corresponding period revenue a year earlier. 

Golar LNG Limited is to offer, subject to market and other conditions, $350 mill aggregate principal amount of convertible senior notes, due 2022. 

Thursday, 16 February 2017

DNV GL now claims to be the lead class society for FSRUs. 

LNG membrane tank containment specialist, GTT has won another two orders and signed a service agreement with a major owner. 

Thursday, 16 February 2017

Singtel completed the installation of Inmarsat’s Fleet Xpress (FX) on board Hyproc Shipping Co’s newly delivered LNGC, ‘Tessala’ at the end of December, 2016. 

Thursday, 16 February 2017

French shiprepairer CNM and LNG membrane technology specialist Europe Technologies (ET) are to offer a complete solution for LNG membrane cargo tank repair services for LNGCs, FSRUs and in the future, for vessels fitted with membrane tanks for LNG fuel. 

News Nudges

Shizuoka in first LNG resale

Shizuoka Gas announced that it has completed the first sale of LNG through the reloading facilities at the Shimizu LNG terminal (Sodeshi terminal) on 5th February, 2017. The company said that it had been pursuing the possibility of the further usage of Sodeshi terminal through the diversification of LNG transactions in order to reduce LNG procurement costs by adapting to the fully deregulated gas market in Japan, including the retail sector of city gas distribution, due in April, 2017. As a result, Shizuoka Gas built facilities to reload the LNG. The company has entered into LNG Sale and Purchase Agreement (SPA) with Shell Eastern Trading (Pte) Ltd.


Five new LNGCs join the fleet

Fearnresearch has reported that there were five newbuilding LNGC deliveries recorded thus far this year. They were the ‘Maran Gas Roxana’ and ‘Maran Gas Ulysses’, ‘Tessala’, ‘CESI Qingdao’ and the ‘Seri Cenderawasih’.


Nakilat takes another Q-Max

Nakilat has assumed full shipmanagement and operations of Q-Max LNGC ‘Al Dafna’ from STASCo effective 2nd February, 2017. ‘Al Dafna’ is the fifth Q-Max LNGC to come under the management of Nakilat Shipping Qatar. (NSQL), bringing the total number of vessels managed by NSQL to 13, comprising of nine LNGCs and four LPG carriers.