Last year, global LNG trade reached a record 258 mill tonnes – an increase of 5% from 2015 - according to the International Gas Union’s (IGU) 2017 World LNG report.
At the recent Gastech 2017 expo, Sovcomflot President and CEO Sergey Frank highlighted the delivery of the world’s first icebreaking LNGC ‘Christophe de Margerie’ on 26th March.
Indian state gas utility GAIL India is to short term charter LNGCs to ship gas from the US.
Global LNG Services (GLS) has reached a cost breakthrough for its floating liquefaction platform, the patented LIQUI-MAX vessel for the Main Pass Energy Hub project, also patented.
Cheniere Energy Partners, a subsidiary of Cheniere Energy, has shipped its 100th LNG cargo from its Sabine Pass liquefaction facility.
Wärtsilä has been contracted to provide both equipment and maintenance for Höegh LNG’s FSRUs and LNGCs.
LNG and LPG carrier owner and operator, Exmar reported an overall consolidated result after tax of $35.8 mill for 2016, compared to $11.2 mill recorded the year before.
Fluor has entered into a co-operation agreement with HiLoad LNG, a subsidiary of Sevan Marine, aimed at global projects that could use HiLoad’s floating regasification dock (FRD) LNG technology.
Babcock’s LGE Process received an ‘Approval in Principle’ (AiP) from Lloyd’s Register at this year’s Gastech 2017.
Lloyd’s Register and Hyundai Heavy Industries (HHI signed a joint development project (JDP) at Gastech to commence an approval in principal (AiP) for a barge mounted power plant, the patented Hi-Floating Power.
Also at Gastech 2017, DSME and class society DNV GL presented the results of a joint development project (JDP) for a new LNGC design.
Damen Shiprepair Brest (DSBr) has completed a renewal survey maintenance programme on the LNGC ‘Gaselys’.
Shanghai-based Wison Offshore & Marine (Wison) has unveiled a multi-functional LNGC design.
Class society ClassNK has released its Guidelines for Liquefied Hydrogen (LH2) Carriers, based on provisions of the IMO interim recommendations.
HHI uses glycol for FSRUs
Hyundai Heavy Industries (HHI) has demonstrated the installation of LNG regasification system using glycol on a 170,000 cu m FSRU. The demonstration, attended by shipowers and major class societies, was held at HHI’s Ulsan shipyard. As the glycol regasification process is salt free, unlike systems that use seawater, it can minimise equipment corrosion, including heat exchangers and it can also lower the risk of explosion that a propane system may be exposed to, the company claimed. Following the granting of an AiP from Lloyd’s Register last month and both internationally and domestically patented recently, HHI is also in the process of receiving recognition from other major class societies.
Daewoo to deliver two Yamal LNGCs this year
Daewoo expects to deliver two more ice class LNGCs for Russia’s Yamal LNG project this year, a company spokesman told Reuters. The first ‘Christophe de Margerie’ was recently delivered to Sovcomflot (see page 2). The remaining 14 LNGCs for Yamal are all due to be delivered by 2020, including two this year, the spokesman reportedly said. The Yamal LNG project, which is scheduled to start production in October this year, is jointly owned by Russian gas producer Novatek, Total, China’s CNPC and the Silk Road Fund. It is expected to produce 16.5 mill tonnes of LNG per year at three production trains of 5.5 mill tonnes capacity each. LNG will be shipped to Asia from July to December via the Northern Sea Route, but can be delivered to Europe year-round.
Petronas FLNG loads first cargo
Petronas ‘PFLNG Satu’ loaded its first cargo at the Kanowit gas field, offshore Miri, Sarawak on 1st April. The first cargo was shipped on board the LNGC ‘Seri Camellia’, which was due to deliver the cargo to a South Asian terminal. “This accomplishment effectively demonstrates Petronas’ proven technology and capability of adapting a conventionally land-based installation to a floating LNG facility, a game-changer in today’s LNG business landscape,” said Petronas President and Group CEO, Datuk Wan Zulkiflee Wan Ariffin. ‘PFLNG Satu’ was designed to operate in water-depths of between 70 and 200 m. She has a processing capacity of 1.2 mill tonnes per annum. Petronas has another FLNG under construction in South Korea, which was initially scheduled for delivery in 2018 but was subsequently postponed to an undisclosed date.
Teekay LNG in cash distribution
Teekay GP, the general partner of Teekay LNG Partners, has declared a cash distribution of $0.14 per unit for the quarter ended 31st March, 2017. The cash distribution is payable on 12th May, 2017 to all unit holders of record on 5th May, 2017.