In this issue

 

Nakilat Shipping Qatar Limited (NSQL) a wholly-owned subsidiary of Nakilat, is to begin the planned takeover of gas carrier technical management from Shell.

Golar Power has taking a Final Investment Decision (FID) on Brazil’s Porto de Sergipe project.

Wednesday, 26 October 2016

Egypt launched what is believed to be the world’s largest tender for LNG cargoes last Sunday.

French membrane containment designer GTT posted a revenue increase of nearly 12% during the first nine months of this year.

Spirit of America Management Corp NY has increased its stake in shares of Golar LNG Partners by 81.3% during the third quarter, according to its most recent Form 13F filing with the US Securities Exchange Commission  (SEC).

Wednesday, 26 October 2016

According to reports from the Philippines, privately owned Chinese energy company Jovo has expressed an interest in ship-to-ship (STS) transfer of LNG cargoes in Subic Bay.

Teekay LNG Partners has issued NOK900 mill in new senior unsecured bonds that mature in October, 2021 in the Norwegian bond market.

Wednesday, 26 October 2016

The US is set to double shale natural gas exports.

Krill Systems has recently completed a KRMC (Krill regasification monitoring centre) installation on board an FSRU.

Wednesday, 26 October 2016

Following a series of workshops, Höegh LNG chose BASS to provide its software solutions for its fleet of FSRUs.

MISC Berhad recently took delivery the 150,200 cu m LNGC, ‘Seri Camellia’.  She is the first in a series of five Moss-type LNGCs ordered from Hyundai Heavy Industries by MISC.

India’s Elektrans Group and a company affiliated to German tanker operator Chemikalien Seetransport (CST), plus consultancy and engineering company Marine Service, are to jointly set up Chemtrans India Private Limited.

Thursday, 13 October 2016

The Canadian Government has rubber stamped the building of an energy project that will could lead to the country’s LNG being exported to emerging Asian markets.

Gladstone LNG exports are expected to rise by 30% year -on- year in fiscal 2016-17 (July/June) to 15.80 mill tonnes.

News Nudges

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.