In this issue

 

Our North American editor in New York

Cheniere Energy, the owner of the sole operating US export plant on the Gulf Coast at Sabine Pass in Louisiana, has signed agreements with foundation shippers to support construction of a 200-mile interstate natural gas pipeline from Oklahoma to southeast markets. 

Philippine National Oil Co. said it would be drawing up a short-list by the end of April for the development of a floating liquefied natural gas import terminal. 

Our Europe editor

Engie, the French LNG player and utility, was fined 100 million euros ($108M) by the national competition authority for abusing its dominant position by using an historical data file to convert its customers on regulated gas tariffs to market-based contracts. 

Our Asia-Pacific editor

Chiyoda Corp., the Japanese energy and LNG engineering company, has extended an agreement with the Mozambique national oil and gas company to continue training local engineers for future LNG projects, having already helped 70 Mozambicans acquire qualifications. 

The France-based International Group of Liquefied Natural Gas Importers (GIIGNL) has just released the latest edition for 2017 of its “GIIGNL LNG Custody Transfer Handbook”, addressing new commercial and technical developments in the cargo delivery process. 

EnerMech of the UK has been awarded a pre-commissioning subcontract by Technip Oceania, part of TechnipFMC, on the Royal Dutch Shell Prelude floating LNG project under development for offshore northwest Australia. 

Our North America editor in New York

US shipping line Crowley Maritime Corp. has launched its newbuild Commitment Class ship “El Coqui”, one of the world’s first combination container and roll-on-roll-off vessels powered by liquefied natural gas. 

The Republic of the Marshall Islands (RMI) registered fleet, including a growing number of liquefied natural gas carriers, now stands at 223,262,177 deadweight tons (DWT), making it the second-largest registry in the world in terms of DWT after Panama and ahead of Liberia, Hong Kong and Singapore. 

Our Middle East editor

The Algerian government has called on state energy company Sonatrach to move forward and adapt to changes after the appointment of a new chief executive three months after an unscheduled shutdown of liquefied natural gas production and as a venture to increase gas pipeline supplies to Europe is scheduled to come on stream. 

Plans include fuel for shipping and onshore transport in the Pilbara region

Our Asia-Pacific editor

Australian liquefied natural gas producer Woodside Energy is planning to help the growth of a market for LNG as a fuel for shipping and onshore transport and is targeting the Pilbara region of Western Australia because mining companies use billions of litres of replaceable diesel and heavy fuel oil for their operations. 

Our North America editor in New York

Royal Dutch Shell Chief Executive Ben van Beurden said expansion of natural gas and LNG activities would be one of his company’s key contributions to reducing greenhouse-gas emissions. 

Our North American editor in New York

Tellurian Inc., the developer of the Driftwood LNG project in Louisiana and whose Chairman is former Cheniere Energy Chief Executive Charif Souki, has issued a prospectus for a proposal to sell shares on the Nasdaq Capital Markets stock exchange valued at up to $200 million. 

The US Rio Grande LNG project development company in Texas run by former Royal Dutch Shell senior executive Kathleen Eisbrenner is following the trend for large liquefaction projects on the Gulf Coast to list on the stock exchange by setting up a merger with a listed firm. 

Our Europe editor

Gasunie, the Dutch natural gas company and Rotterdam LNG import terminal co-owner, said profits plunged because of an impairment linked to a regulatory ruling as revenues also declined amid more small-scale LNG shipments and low-calorific conversion of pipeline gas because of the cap on Groningen field production. 

News Nudges

Vitol-Gazprom LNG deal

Swiss-based global commodities company Vitol has signed a multi-year LNG purchase agreement for the Russian player Gazprom Marketing and Trading (Singapore) to supply around 300,000 tonnes of LNG per annum from 2018. The supply will come from Gazprom’s diversified LNG portfolio. “We are delighted to be working with Gazprom Marketing and Trading, a subsidiary of Gazprom, the world’s largest producer of natural gas,” said Pablo Galante Escobar, Head of LNG at Vitol. “Vitol is an established participant in LNG markets globally and this development will strengthen our offering to customers worldwide,” he added.


Spanish firm is on track

Gas Natural Fenosa of Spain, one of Europe’s main LNG players with a supply agreement at Sabine Pass in the US, has held its annual shareholder meeting in Barcelona. Chief Executive Rafael Villaseca highlighted the company’s business performance, which was above the average for comparable companies in Europe. Villaseca said that GNF last year obtained 75 percent of its gross earnings from the regulated activities of gas and electricity distribution and the remaining 25 percent from liberalized power generation and natural gas marketing activities.


ABS starts in Houston HQ

The American Bureau of Shipping, one of the leaders of the development of the LNG industry in the US, has broken ground on its new global headquarters in Houston, Texas, comprising a 10-storey building and 326,800 square feet of office space. Completion of the ABS HQ, is scheduled for the end of 2018.