New developments in the Asian natural gas and LNG markets are emerging because of greater-than-expected changes relating to the supply and demand picture, including more growth in China, and on the issue of pricing for the region.
The past year has been the first showing of the growth spurt previously forecast in the liquefied natural gas sector and BP expects to see global supplies increase by around a further 30 percent by 2020.
Global gas markets have grown more complex and interconnected. As US LNG capacity expands, a view on US gas prices will increasingly require an opinion on international gas and oil balances, global coal markets and European carbon prices, according to a new report.
Until recently, financing issues, market conditions, price sensitivity and the small size of the individual gas markets were all strong deterrents to sellers looking at Africa as an LNG destination, even though the region’s per capita energy consumption is very low and there are hundreds of millions without electricity and modern cooking facilities.al.
In recent years, cost overruns, rebids and schedule delays have plagued liquefied natural gas projects worldwide. This, coupled with increased liquefaction capacity set to come online from projects currently in development or post-final investment decision, has created a business environment where plant owners and developers must drive to reduce the total cost of ownership of their projects to remain competitive.
The maritime industry has seen many changes over its long history, drastically transforming how things are done.
Aug 21 (LNGJ) - The 217,000 cubic metres capacity Q-Flex vessel “Al Huwaila” will unload a cargo on August 26 at the Dutch Gate terminal in Rotterdam from Ras Laffan in Qatar, according to shipping data. The 141,000 cubic metres capacity carrier “LNG Cross River” is scheduled to deliver a shipment on August 25 to the French import terminal at Montoir-de-Bretagne in the Loire estuary from the Bonny Island plant in Nigeria. The 147,200 cubic metres capacity “Arctic Lady” will deliver a cargo on August 28 to France’s Fos Cavaou terminal near the Mediterranean port of Marseilles from the Hammerfest plant in Norway, operated by Statoil.
July 28 (LNGJ) - The 217,000 cubic metres capacity Q-Flex carrier “Al Khuwair” will deliver a shipment on August 3 to the UK Milford Haven import terminal in Wales from the Ras Laffan plant in Qatar, according to shipping data. The delivery was fixed as the UK National Balancing Point benchmark natural gas price was at the equivalent of $5.00 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was higher at around $5.15 per MMBtu.
July 28 (LNGJ) - Italian energy company Eni posted adjusted overall second-quarter net profit of 463 million euros ($541M) compared with a loss of 317 euros in the same quarter of last year. Eni said one of its quarterly highlights was the signed of construction contracts for the Coral floating LNG project in Area 4 offshore Mozambique. Eni worldwide natural gas sales in the three months were down at 18.63 billion cubic metres compared with 20.48 Bcm in the year-ago quarter. “Sales in the European markets (7.34 Bcm) decreased by 23.2 percent, reflecting lower sales in Germany, Benelux and France, partly balanced by higher volumes sold in Turkey and in the UK,” said Eni.
July 28 (LNGJ) - Italian energy engineering company Saipem, a specialist in the subsea sector and offshore field development, has finalized an agreement for the “optimised ramp-up” phase of the giant Zohr gas field in Egyptian waters of the East Mediterranean. The contract is with Petrobel, a subsidiary in Egypt of Italian energy company Eni, the licence holder, and Egyptian General Petroleum Corp. Saipem said that to meet the contract requirements it will deploy several vessels from its specialised fleet, including the “Castorone”, a deep water pipe-layer, and the “Saipem 3000”, a subsea construction vessel. “We are pleased that our activities in the development of the Zohr field are in line with the challenging schedule set by the client,” said Stefano Cao, Saipem Chief Executive.
July 27 (LNG) - Norwegian energy company Statoil, whose assets include the only export-sized LNG plant in Europe at Hammerfest, reported adjusted second-quarter earnings of US$3.0 billion and adjusted earnings after tax of $1.3Bln compared with a $28 million loss in the same three months of 2016. “Our solid financial results and strong cash flow are driven by good operational performance with high production efficiency and continued cost improvements,” said Chief Executive Eldar Saetre. “At oil prices around $50 per barrel, we have generated $4Bln in free cash flow and reduced our net debt ratio by 8.1 percentage points since the start of the year. We expect to deliver around 5 percent production growth this year, and at the same time realise an additional $1Bln in efficiencies,” added Saetre.
July 27 (LNGJ) - Snam, the owner of the Italian natural gas transmission system Snam Rete Gas as well as storage and an LNG terminal near Genoa, has signed a loan agreement with the European Investment Bank for 310 million euros ($364M) for the financing of projects aimed at developing the national gas system. The loan is over 20 years with interest at 1.5 percent. Snam also recently acquired from energy company Edison its Infrastrutture Trasporto Gas pipeline system, the third-largest in Italy, and its 7.3 percent stake in the Adriatic LNG terminal for 225M euros.
July 26 (LNGJ) - The 217,000 cubic metres capacity Q-Flex carrier “Al Huwaila” is scheduled to deliver a cargo on July 29 to the Indian Hazira terminal near Mumbai, operated by Shell, from Qatargas in Ras Laffan, according to shipping data. The Hazira facility will receive a second shipment on August 7 delivered by the 160,400 cubic metres capacity carrier “Cubal” from the Soyo export plant in the southwest African nation of Angola. The 216,200 cubic metres capacity vessel “Al Sahla” will unload a Qatari shipment on July 31 at the Pyeongtaek import terminal in South Korea, operated by Korea Gas Corp.
July 25 (LNGJ) - The 141,000 cubic metres capacity carrier “LNG Cross River” is scheduled to deliver a cargo to the Montoir-de-Bretagne terminal in Western France on July 28 from the Bonny Island plant in Nigeria, according to shipping data. The 154,900 cubic metres capacity vessel “Trinity Arrow” will unload a Nigerian cargo on August 1 at the Klaipeda terminal in the Baltic state of Lithuania.
July 24 (LNGJ) - The 266,000 Q-Max carrier “Shagra” is scheduled to deliver a cargo on July 29 to the UK Milford Haven import terminal in Wales from the Ras Laffan plant in Qatar, according to shipping data. The delivery was fixed as the UK National Balancing Point benchmark natural gas price was at the equivalent of $4.70 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was higher at around $5.05 per MMBtu.
July 21 (LNGJ) - Cenagas, the Mexican public body entrusted with assigning capacity rights for pipelines that were previously owned by national energy company Petroleos Mexicamos (Pemex), plans to hold another public auction on August 10 for capacity on the five US cross-border natural gas pipelines assigned to the Mexican Federal Electricity Commission. In the first round for Pemex capacity a total of 24 local and international companies requested rights for 3.6 billion cubic feet per day, more than the 2.2 Bcf/d available. Among Round One winners were Engie Mexico, ArcelorMittal, Shell Trading Mexico and Grupo Alpha.
July 20 (LNGJ) - The US Federal Energy Regulatory Commission said it was preparing a draft environmental impact statement for the Annova LNG Brownsville export project planned for the south bank of the Brownsville Ship Channel in Texas. The venture would include six small-scale liquefaction Trains producing a total of 6 million tonnes per year of LNG, an interconnected pipeline and marine export facilities.
July 19 (LNGJ) - Two Norwegian cargoes are being shipped to terminals in Turkey and France. The 160,000 cubic metres capacity carrier “Arctic Aurora”, operated by Dynagas, is scheduled to unload a shipment on July 20 at the Turkish import facility at Aliaga, near the port of Izmir, from the Statoil-operated Norwegian plant at Hammerfest. The 147,200 cubic metres capacity vessel “Arctic Lady” will deliver a cargo on July 28 to the French Fos Cavaou terminal near Marseille from the Hammerfest export plant.
July 19 (LNGJ) - French classification society Bureau Veritas awarded the Chinese ship and platform builder Wison Offshore and Marine its approval in principle for a newly-developed floating storage regasification and power generation barge. Wison and BV said they had completed the validation for the specified design of the facility with 50 megawatts of capacity. “With the interest in small-scale, LNG-to-power growing, we are developing the building blocks for a lean and integrated supply chain,” said Maarten Spilker, Senior Solutions Director of Wison. “Combining LNG storage, regasification and power generation on a single facility significantly reduces the cost of infrastructure,” he added.
July 18 (LNGJ) - Japanese offshore oil and gas operator Modec said one of its subsidiaries was awarded the turret mooring system supply contract for the Coral floating LNG project being developed offshore Mozambique by Italian energy company Eni and its partners. The contract was given to the Modec unit by the engineering, procurement and construction joint venture comprising Franco-US business TechnipFMC and JGC Corp. of Japan. The FLNG facility will be designed to produce 3.4 million tonnes per annum of LNG and will be moored in 2,000 metres of water in the Area 4 block of the Rovuma Basin off Mozambique.
July 18 (LNGJ) – The 172,000 cubic metres capacity “Beidou Star” is scheduled to deliver a shipment on July 24 to the Chinese Dalian import terminal, owned by PetroChina, from the Gorgon export plant on Barrow Island in Western Australia, operated by Chevron, according to shipping data. The 174,100 cubic metres capacity “Cesi Qingdao” will deliver a cargo on July 24 to the Tangshan terminal in Hebei province, owned by Sinopec, from the Australia Pacific LNG plant in Gladstone in Queensland.
July 17 (LNGJ) - The 135,360 cubic metres capacity vessel “Al Wakrah” will deliver a cargo on August 1 to the Shikoku-Gas Takamatsu terminal in Japan from Qatargas in Ras Laffan, according to shipping data. The 210,100 cubic metres capacity Q-Flex carrier “Al Ruwais” will deliver a shipment on August 2 to the Chinese terminal at Shenzen Diefu in Guangdong province, operated by China National Offshore Oil Corp., from Qatargas at Ras Laffan.
July 14 (LNGJ) - The 155,000 cubic metres capacity vessel “Gaslog Sydney” is scheduled to deliver a shipment on July 23 to the Chinese Tianjin import facility, operated by China National Offshore Oil Corp., from the Queensland Curtis LNG export plant at Gladstone in eastern Australia, according to shipping data. The 177,000 cubic metres capacity carrier “Gigira Laitebo” will unload a cargo on July 25 at the Japanese Kisarazu terminal in Chiba Prefecture from the Papua New Guinea plant near Port Moresby.
July 13 (LNG) - Woodfibre LNG, the Canadian project to produce 2 million tonnes per annum at a brownfield site in British Columbia, said an application to amend its Environmental Assessment Certificate for the construction and operation of the plant had been approved. The permit was originally granted on October 2015. Woodfibre then applied to amend it in early 2017 to address design changes, including some proposed by the Squamish First Nation native tribe.
July 13 (LNGJ) - The 261,700 Q-Max carrier “Lijmiliya” is scheduled to deliver a cargo on July 20 to the UK Milford Haven import terminal in Wales from the Ras Laffan plant in Qatar, according to shipping data. The delivery was fixed as the UK National Balancing Point benchmark natural gas price was at the equivalent of $4.35 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was higher at around $4.80 per MMBtu.
July 13 (LNGJ) - Golar LNG Partners, the Nasdaq-listed US unit of the Norwegian fleet owner, said it had agreed certain amendments with the Dubai Supply Authority for the charter of the “Golar Freeze” floating storage and regasification unit deployed at Jebel Ali Port in the United Arab Emirates until May 2020. Dubai has two FSRUs on contract and does not currently fully use the “Golar Freeze”. Consequently, the charter has been shortened by a year until April 2019. “The operating cost element of the charter will be reduced to a nominal amount from November 2017 and Golar will similarly save operating costs from putting the vessel into lay-up pending new employment,” said Golar.
July 12 (LNGJ) - The Dutch Gate LNG import terminal, a joint venture facility owned by the utility Gasunie and global storage giant Royal Vopak, has started commercial operations at two new truck-loading bays. “By adding two new truck-loading bays to the existing bay, the Gate terminal is prepared to efficiently cater for future growth in the demand for LNG distribution via road or containers. This will support the efforts of Gate terminal customers to deliver LNG to retail stations, industry and ships,” Gate said. The Dutch terminal started the truck service in 2014 with one bay and has experienced a year-by-year surge in the business leading to 750 trucks being loaded in the first half of 2017.
July 12 (LNGJ) - Ophir Energy of the UK said it was prioritising the Fortuna Floating LNG project offshore Equatorial Guinea even as it further reduced the company’s underlying cost base in recognition of limited signs of an oil price recovery and lower exploration activity. “Ophir’s discretionary spend will be paced to preserve balance sheet capacity, thereby prioritising the Fortuna FLNG project and the expansion of Ophir’s Asian producing assets,” the company said. Nick Cooper, Chief Executive of Ophir, commented: “We are closing in on the Fortuna Project final investment decision to start the monetisation of a substantial portion of Ophir’s resource base.”
July 11 (LNGJ) - Klaipedos Nafta, the petroleum storage company and owner of the Lithuanian LNG importer terminal at the Baltic port of Klaipeda, said sales revenues for the LNG facility for June 2017 amounted to 5.4 million euros ($6.1M), 3.6 percent less than the 5.6M euros earned in the same month of 2016. These revenues come from payments for terminal use and regasification and reloading tariffs. However, the preliminary revenues of the LNG terminal for the first six months of 2017 were up, however, and amounted to 35.0M euros, a 2.6 percent increase from the 34.1M euros posted in 2016. The terminal is scheduled to receive its first US LNG shipment in August from the Cheniere Energy plant in Louisiana.
July 11 (LNGJ) - French LNG storage technology company GTT has received an order from Hudong Zhonghua Shipbuilding in China. The contract is to equip four LNG carriers to be built on behalf of Japanese shipping company and LNG fleet operator Mitsui OSK Lines. The four ships will have No. 96-L03 tanks, each have capacity of 174,000 cubic metres. GTT said the delivery of the first vessel is scheduled in late 2019. The No. 96-L03 tanks are a newer version of the well-known No. 96 storage systems that have already been installed in more than 200 LNG carriers. “We are very pleased to further strengthen our relations with our partner Hudong Zhonghua,” said Philippe Berterottiere, Chairman and Chief Executive of GTT. “This is an extraordinary order, a very large and major shipbuilding project to which we are proud to contribute,” he added.
July 10 (LNGJ) - The 151,700 cubic metres capacity vessel “Al Marrouna” is scheduled to unload a cargo on July 10 at the Adriatic LNG import facility offshore northeast Italy from Qatargas in Ras Laffan, according to shipping data. The 210,100 cubic metres capacity Q-Flex carrier “Al Ghariya” is scheduled to deliver a shipment on July 15 to the French Fos Cavaou import terminal near the Mediterranean port of Marseilles. The 160,000 cubic metres capacity “Arctic Aurora” will deliver a cargo on July 20 at Turkey’s Aliaga import facility near Izmir. The volumes were lifted from the Hammerfest plant in northern Norway, operated by Statoil.
July 10 (LNGJ) - Apache Corp., the US company that once led the Kitimat LNG export project in British Columbia with Chevron Corp., is selling its Canadian assets in three transactions with a total value of US$713 million. Combined second-quarter production from the Apache assets averaged 300 million cubic feet per day of gas equivalent, two thirds of which was natural gas. Houston-based Apache has joined an oil industry exodus from Canada and its oil sands and shale resources with other US and European majors such as ConocoPhillips, Royal Dutch Shell, Statoil and Marathon Oil. The withdrawals from the oil sands and other sectors come amid rising criticism from the energy industry of Canadian federal and provincial environmental policies that are much stricter than those of the US and make some projects uneconomic.
July 7 (LNGJ) - US LNG exports were unchanged in the week from June 28 to July 5 when three cargoes amounting to a total of 10.8 billion cubic feet of gas were shipped for a second successive week from the Sabine Pass plant in Louisiana, owned and operated by Cheniere Energy, according to the weekly report from the US Energy Information Administration. The EIA said natural gas spot prices fell at most locations with the Henry Hub spot price declining from $3.01 per million British thermal units to $2.90 per MMBtu. The New York Mercantile Exchange July 2017 contract expired at $3.06 per MMBtu and the August 2017 contract price was $2.84 per MMBtu. Due to the Independence Day holiday, the natural gas storage data and analysis from the EIA will be released later on Friday, July 7.
July 6 (LNGJ) - SNC-Lavalin Group Inc., the Canadian energy and LNG engineering company based in Montreal, has completed its 2.1 billion pounds (US$2.8Bln) acquisition of WS Atkins, the UK-based engineering consultancy. “SNC-Lavalin is continuing to deliver on its strategy of establishing itself in the top 3 in our industry globally,” said Neil Bruce, President and Chief Executive of SNC-Lavalin. “By combining our two highly complementary businesses, we are solidifying SNC-Lavalin's position as one of the largest fully integrated professional services firms in the world, while improving our margins and balancing our business portfolio,” added Bruce. SNC-Lavalin in 2014 took over the UK-listed energy and contracting company Kentz Group to gain a better foothold in the global LNG and energy construction industry.
July 6 (LNGJ) – The 174,000 cubic metres capacity carrier “Gaslog Geneva” is unloading a shipment on July 6 at the Aqaba import facility in the Kingdom of Jordan from the Bonny Island plant in Nigeria, according to shipping data. The 138,200 cubic metres capacity vessel “British Innovator”, operated by BP Shipping, will deliver a cargo on July 9 to the Quintero import terminal in Chile from the Trinidad export plant at Point Fortin in the Caribbean.
July 6 (LNGJ) - The 155,900 cubic metres capacity vessel “Maran Gas Mystras” was in the Bay of Biscay on July 6 headed for the English Channel to deliver a cargo on July 8 to the UK Isle of Grain import terminal from the US Sabine Pass export plant in Louisiana, according to shipping data. The UK facility will be the third in Northwest Europe to receive a US shipment after one was delivered to Poland on June 13 and the first was unloaded on June 7 at the Dutch Gate terminal in Rotterdam. In total, six European nations have received cargoes from Sabine Pass and they also include the southern European countries of Italy, Portugal, Spain and Turkey.
July 5 (LNGJ) - Gazprom Chairman Alexey Miller and Wang Yilin, Chairman of China National Petroleum Corp., signed in a supplementary sales and purchase agreement for Russian natural gas to be supplied via the eastern route, known as the Power of Siberia gas pipeline scheduled to start in December 2019. “The signing of this document is a crucial step in the implementation of the project, a step achieved by Gazprom and CNPC thanks to clear and concerted action on both sides of the border,” said Miller. “Our work is strictly on schedule, even ahead of schedule regarding Power of Siberia,” he added.
July 5 (LNGJ) - The 266,000 Q-Max carrier “Al Bahiya” is scheduled to deliver a cargo on July 9 to the Chinese import terminal at Shenzhen from the Ras Laffan export plant in Qatar, according to shipping data. The 160,000 cubic metres capacity ship “Asia Endeavour”, owned by Chevron Shipping, will deliver a cargo on July 9 to the Japanese Oita import terminal, operated by Kyushu Electric, from the Woodside Petroleum export facility in Dampier, Western Australia. The 216,000 Q-Flex vessel “Al Thumama” will unload a shipment on July 10 at the Barcelona import terminal in northeast Spain from Ras Laffan in Qatar. The 141,000 cubic metres capacity “LNG Adamawa” will unload a shipment on July 11 at the Bilbao terminal in northwest Spain from the Bonny Island plant in Nigeria.
July 4 (LNGJ) - The 266,000 Q-Max carrier “Al Mafyar” is scheduled to deliver a cargo on July 10 to the UK Milford Haven import terminal in Wales from the Ras Laffan plant in Qatar, according to shipping data. The delivery was fixed as the UK National Balancing Point benchmark natural gas price was at a summer season high of the equivalent of $5.00 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was quoted at around $5.02 per MMBtu.
July 4 (LNGJ) - The 170,000 cubic metres capacity carrier “Methane Micki Harper” is unloading a cargo at the import facility at Jebel Ali port in Dubai that was lifted on June 22 from the Woodside Petroleum terminal at Dampier in Western Australia, according to shipping data. In other shipping movements, the 127,700 cubic metres capacity vessel “LNG Flora” will deliver a shipment on July 12 to the Japanese Himeji import terminal, operated by Kansai Electric, from the Western Australia terminal at Dampier. The 145,000 cubic metres capacity vessel “LNG Dream” departed the Withnell Bay LNG 2 Jetty in Western Australian to deliver a cargo from Woodside on July 13 to the Japanese Senboku terminal, operated by Osaka Gas in the Kansai region.
July 4 (LNG) - Belgian company Fluxys, owner of the Zeebrugge LNG import terminal, will host the 2017 General Assembly in Brussel from October 8-11 of the International Group of Liquefied Natural Gas Importers (GIIGNL). The group has 78 corporate members representing the LNG importing industry from around the world with 36 Asian members, 31 from Europe and 11 from the Americas.
July 3 (LNGJ) - The 177,000 cubic metres capacity carrier “Spirit of Hela” was unloading a shipment on July 3 at the Yung-an import terminal in Taiwan from the Papua New Guinea export plant near Port Moresby, according to shipping data. The 165,000cubic metres capacity “Marib Spirit”, operated by Teekay LNG, was unloading a cargo on July 3 at Thailand’s Map Ta Phut terminal from the Bontang export plant in Indonesia. The 140,000 cubic metres capacity “Arctic Discoverer” has lifted a cargo from the Hammerfest plant in Norway, operated by Statoil, to deliver on July 6 to the Klaipeda import terminal in the Baltic state of Lithuania. The 165,000 cubic metres capacity carrier “LNG Fukurokuju” departed from the Port of Gladstone in eastern Australia on July 3 to deliver a cargo from the GLNG plant on July 18 to the Sakaide import terminal in Japan, operated by utility Shikoku Electric.
July 3 (LNGJ) - The latest rig counts show a healthier North American energy industry build up on the production side. Energy services company Baker Hughes said the US rig count was up 509 rigs from last year's count of 431 to total 940 rigs, with oil rigs up 415 to 756 and natural gas rigs up 95 to 184. The Canadian rig count was up 19 rigs from last week to 189, with oil rigs up 14 to 112 and gas rigs up five to 77. The Canadian count is up 113 rigs from last year's 76, with oil rigs up 77 and gas rigs up 37.
June 30 (LNGJ) - Freeport LNG, the US export project on Quintana Island in Texas, has filed a formal application with the Federal Energy Regulatory Commission (FERC) for authorization to construct a fourth liquefaction Train. The proposed Train 4 is being designed with a nominal production capacity of 5.1 million tonnes per annum. Freeport LNG anticipates being ready to commence construction of Train 4 by the end of 2018, with operations starting as early as 2022. “Freeport LNG is moving forward with the final stages of Train 4 development,” said US energy entrepreneur Michael Smith, Chairman and Chief Executive of Freeport. “Following closely on the heels of our successful development of the initial three Trains of the Freeport Liquefaction Project, Train 4 will position Freeport to supply the next wave of US Gulf Coast LNG,” added Smith.
June 30 (LNGJ) - Carrizo Oil & Gas, the US company with several US shale joint ventures with energy companies from India, has boosted its holdings in the Delaware Basin of West Texas and southern New Mexico. Carrizo has agreed to buy an additional 16,488 net acres for $648 million in cash from Midland, Texas-based ExL Petroleum Management, a portfolio company owned by private equity firm Quantum Energy Partners. This takes Carrico’s Delaware Basin holdings to 42,500 net acres. It is also advancing with its properties in the Eagle Ford Shale in South Texas and the Niobrara formation in Colorado after attracting four of India’s biggest LNG and oil and gas players as joint venture partners. They include Gas Authority of India (GAIL), Oil India, Indian Oil Corp. Ltd and Reliance Industries. The GAIL joint venture was signed in September 2011 for oil and gas properties in the Eagle Ford, with Carrizo serving as operator.
June 29 (LNGJ) - Mitsui OSK Lines, the Japanese shipping company, said it signed long-term charter contracts to provide four LNG carriers, each with capacity of 174,000 cubic metres, to the Yamal LNG project in Arctic Russia from 2019. The four contracted carriers will transport LNG trans-shipped by the project to and from Western Europe. “While demand for LNG transport will greatly grow, by leveraging experience and know-how as owners of one of the world's largest LNG carrier fleets, the MOL Group continually takes a proactive stance in meeting customer needs,” the company said.
June 29 (LNGJ) - Belgian LNG shipping and project company Exmar said it had arranged $200 million in financing with Bank of China, Sinosure and a leading European financial institution for its completed Caribbean FLNG hull. The production hull is currently at the Wison Offshore and Marine shipyard in Nantong, China, where it was built while a new project operator is found by Exmar. The original venture proposed for the vessel was in the Latin American nation of Colombia. “The proceeds from the financing will be used to pay the last instalment to the shipyard,” the company said.
June 29 (LNGJ) - Belgian natural gas infrastructure company Fluxys, owner of the Zeebrugge LNG import terminal, will merge its wholly owned subsidiary Fluxys Finance into the group to streamline corporate operations. “The transaction simplifies the Fluxys organisational structure, thereby also making a number of operational, administrative and financial processes simpler, and is in line with its policy to boost efficiency,” the company said.
June 29 (LNGJ) - The 155,000 cubic metres capacity carrier “Gaslog Sydney” will unload a cargo on July 2 at the Ningbo import terminal in eastern China’s Jiangsu Province, operated by China National Offshore Oil Corp., from the Queensland Curtis plant in eastern Australia, according to shipping data. The 174,000 metres capacity vessel “Gaslog Greece” will deliver a shipment on July 10 to the Yung-an import terminal in Taiwan from the Bonny Island plant in Nigeria. The 145,700 cubic metres capacity carrier “LNG Benue” will deliver a shipment on July 6 to the Huelva import terminal in southwest Spain from the Bonny Island plant in Nigeria.
June 28 (LNGJ) - The 75,000 cubic metres capacity Med-Max vessel “Cheikh Bouamama” is scheduled to unload a shipment on June 30 at the Barcelona import terminal in northeast Spain from the Skikda liquefaction plant in Algeria, according to shipping data. The 159,950 cubic metres capacity “Energy Atlantic” will deliver a cargo on June 30 to the Egyptian LNG terminal port of Ain Sokhna in the Gulf of Suez where two FSRUs are deployed. The cargo for Egypt was lifted on June 10 at the Bonny Island export plant in Nigeria. The 160,000 cubic metres capacity vessel “Asian Vision” will unload a shipment on July 7 at the Chinese Dalian import facility, owned by PetroChina, from the Woodside Petroleum’s Dampier export terminal in Western Australia.
June 27 (LNGJ) - The 210,100 Q-Flex vessel “Al Sheehaniya” will unload a shipment on June 28 at the Yokkaichi LNG terminal in Kansai, Japan, from the Qatargas export plant in the Gulf, according to shipping data. The 145,000 cubic metres capacity carrier “Celestine River” is scheduled to deliver a cargo on June 29 to the Dominican Republic import terminal at Punta Caucedo in the Caribbean from the Trinidad export plant at Point Fortin. The 217,000 cubic metres capacity vessel “Al Huwaila” will unload a cargo on July 12 at the import terminal in Thailand at Map Ta Phut from the Ras Laffan export plant in Qatar.
June 26 (LNGJ) - The 75,000 cubic metres capacity carrier “Cheikh El Mokrani” will deliver a shipment on June 27 to the Sines import terminal in Portugal from the Skikda plant in Algeria, according to shipping data. The 147,200 cubic metres capacity vessel “Arctic Princess” is due to unload a cargo on June 28 at the Bilbao terminal in northwest Spain from the Hammerfest plant in northern Norway. The 215,000 cubic metres capacity Q-Flex ship “Al Utouriya” is scheduled to deliver a cargo on July 14 to the Incheon terminal in South Korea, operated by Korea Gas Corp., from the Ras Laffan plant in Qatar.
June 23 (LNGJ) - GTT, the French LNG maritime storage technology company, said it received an order from Hyundai Heavy Industries of South Korea to equip a new LNG carrier with its Mark III Flex containment system. Hyundai's shipyard based in Ulsan will build the 180,000 cubic metres capacity vessel for the Norwegian shipping company Norspan LNG (Knutsen). Delivery is scheduled for 2019. The Knutsen fleet contains 10 large-scale LNG carriers in service and one on order. These LNG carriers are all equipped with GTT membrane containment systems. “It is the second order of this type this year with the HHI shipyard and the shipowner Knutsen,” said Philippe Berterottiere, Chairman and Chief Executive of GTT. “It highlights the excellent relationship we have with these two key players of the maritime industry,” added Berterottiere.
June 22 (LNGJ) – The 261,700 cubic metres capacity Q-Flex carrier “Al Ghashamiya” is scheduled to unload a shipment on June 28 at the UK Dragon LNG import terminal in Milford Haven in Wales, the port authority said. The delivery was fixed as the UK National Balancing Point benchmark natural gas price was at the equivalent of $4.45 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was quoted at $4.80 per MMBtu.
June 22 (LNGJ) - US oil and natural gas industry trade associations and lobbying groups called on US Senate leaders to schedule votes soon on the nominations of Neil Chatterjee and Robert Powelson to be Federal Energy Regulatory Commission board members. The requests came two weeks after the Energy and Natural Resources Committee forwarded the nominations to the full Senate for final approval to restore the FERC’s quorum to be able to decide on major LNG and energy projects.
June 22 (LNGJ) - Shipping confidence reached its equal highest rating in the past three years in the three months to the end of May 2017, according to the latest Shipping Confidence Survey from international accountants and shipping advisers Moore Stephens. The average confidence level expressed by respondents to the survey was up to 6.1 out of 10.0 from the 5.6 recorded in the previous survey in February 2017. In the case of brokers, the confidence rating rose from 4.6 to 6.4, while for owners the increase was from 5.6 to 6.1. Confidence on the part of charterers and managers, meanwhile, was up from 5.9 to 6.4, and from 6.0 to 6.2 respectively. Concern persisted, however, over political uncertainty, over-tonnaging in certain trades, depressed oil prices and a potential dearth of quality seafarers.