This week

Chinese LNG volumes from Australia
and Russia will accelerate imports

Chinese LNG imports are forecast to almost double through 2019 as the import network slowly increases from the current 16 terminals and amid a surge in supplies from large contracts signed for Australian volumes and for future imports from the Russian Yamal project.

Latest News
India has brought natural gas supply to Bhubaneswar, the capital of India’s eastern state of Odisha, as part of an expansion of the pipeline network and infrastructure, including LNG…
The Canadian province of British Columbia and Premier John Horgan toured the site of a US$450 million propane export terminal on Ridley Island under construction for natural…
Global commodities trader Vitol has agreed to acquire Noble Americas Corp. from the Noble Group, previously one of the largest Asian-based traders in LNG, oil and other…
Imports of liquefied natural gas by India rose last month by 4.8 percent during a surge in late September of cargoes from Nigeria and Algeria as the…
Baker Hughes GE, the merged US subsea and LNG and energy services company formed by Baker Hughes and GE Oil and Gas, posted a third quarter net…
Japanese trading house Marubeni Corp is moving ahead with its floating LNG import project linked to an adjacent power plant venture in the Indonesian province of West…
Kinder Morgan, the US pipeline company, has received permission from US regulators to advance with further work on storage for its export project at Elba Island near…
US LNG exports from the Sabine Pass plant decreased as three vessels with carrying capacity of 11.2 billion cubic feet departed the Louisiana liquefaction facility compared with five…
Woodside Petroleum, the operator of the North West Shelf and Pluto LNG plants and a shareholder in the recently producing Wheatstone LNG project, delivered 7.4 percent lower…
Japanese liquefied natural gas imports dropped amid rising oil-linked prices as the nation also opted for fewer purchases of thermal coal shipments and existing fuel stocks were used for…
Australian energy company Santos, a shareholder in three Asia-Pacific LNG plants, said its average realized sales price in the third quarter jumped to US$7.50 million British thermal…

Italian terminal MD

Oct 23 (LNGJ) - The operating company of the Italian floating LNG terminal in the Mediterranean, OLT Offshore LNG Toscana, named Richard Fleischmann is a new Managing Director. Fleischmann represents the main shareholder in the floating storage and regasification project off the port of Livorno, the German utility and energy company Uniper. Formerly a senior executive at Uniper Global Commodities, Fleischmann will support Alessandro Fino, a joint managing director representing Italian utility company Iren.

ICE seals data deal

Oct 23 (LNGJ) - Intercontinental Exchange (ICE), the leading operator of global exchanges and clearing houses and provider of data and listings services, said it completed its acquisition of the Bank of America Merrill Lynch Global Research division’s fixed-income index platform, which will become part of ICE Data Services. Terms of the agreement were not disclosed. “We’re excited to expand the breadth and scale of our index offering to give customers increased choice of third-party benchmark solutions,” said Lynn Martin, President and Chief Operating office of ICE Data Services. “With the addition of these indices, we are able to offer a comprehensive portfolio that includes the addition of more than 5,000 global fixed income, currency and commodity indices,” added Martin.

Santos names Chairman

Oct 23 (LNGJ) - Santos, the Australian stakeholder in three Asia-Pacific LNG export plants, said Keith Spence would succeed Peter Coates as company Chairman in February 2018. Coates announced his intention earlier in 2017 to step down from the board after the recruitment of his successor. Spence will join the Santos board on 1 January 2018. “He has over 30 years of oil and gas experience, having served in senior executive positions with Woodside Petroleum and Shell,” said Santos, whose LNG assets include a share of the Gladstone plant it operates in Queensland.

Q-Max LNG for UK Oct 26

Oct 20 (LNGJ) - The 266,000 cubic metres capacity Q-Max carrier “Aamira” will deliver a shipment on October 26 to the UK Milford Haven import terminal in Wales from the Ras Laffan plant in Qatar, according to shipping data. The delivery was heading for the UK as the National Balancing Point benchmark natural gas price was at the equivalent of $5.85 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was substantially higher at the equivalent of around $6.95 per MMBtu.

LNG for France and Korea

Oct 20 (LNGJ) - The 148,300 cubic metres capacity “LNG Ondo” will deliver a cargo on October 25 to the Montoir-de-Bretagne terminal on the Atlantic Coast from the Bonny Island plant in Nigeria, according to shipping data. The 138,200 cubic metres capacity vessel “Hanjin Muscat” will deliver a cargo on October 26 to the South Korean Pyeongtaek terminal, operated by Korea Gas Corp., from the Oman LNG plant on the Arabian Peninsula.

TechnipFMC UK buy

Oct 19 (LNGJ) - TechnipFMC, the French-US LNG and energy engineering company, has agreed to acquire the Plexus wellhead exploration equipment and services business from Plexus Holdings of the UK for an initial $20 million, rising to around $55M depending on performance. TechnipFMC said the Aberdeen-based firm would be integrated into its surface technologies division and key personnel would be transferred from Plexus. “I am very pleased that we have reached this agreement, which fits within TechnipFMC Surface Technologies’ strategy to extend and strengthen our position in exploration-drilling products and services,” said Richard Alabaster, President of TechnipFMC’s Surface Technologies unit.

LNG for Greece and Mexico

Oct 19 (LNGJ) - The 75,000 cubic metres capacity vessel “Cheikh El Mokrani” will deliver a cargo on October 22 to the Greek Revithoussa import terminal from the Skikda plant in Algeria, operated by Sonatrach, according to shipping data. The 174,000 cubic metres capacity carrier “Gaslog Greece” will deliver a shipment on November 3 to the Mexican Altamira terminal in the Gulf of Mexico from the Bonny Island plant in Nigeria.

LNG for Poland and Italy

Oct 18 (LNGJ) - The 210,100 cubic metres capacity Q-Flex vessel “Al Ruwais” is unloading a cargo on October 18 at the Polish import terminal at Swinoujscie on the Baltic coast from Ras Laffan in Qatar, according to shipping data. The 151,700 cubic metres capacity carrier “Al Marrouna” is scheduled to deliver a Qatari cargo on October 20 to the Adriatic LNG facility offshore Rovigo in northeast Italy.

Indian gas price ceiling

Oct 18 (LNGJ) - The Indian Ministry of Petroleum and Natural Gas has fixed its latest half-year ceiling price for domestic natural gas output from October 2017 to March 2018 at $6.30 per million British thermal units on a gross calorific value (GCV) basis for gas produced from discoveries in deep water, ultra-deep water and high-pressure areas. The April-September 2017 price ceiling had been fixed at US$5.56 per MMBtu.

Enagas profits increase

Oct 17 (LNGJ) - Enagas, the Spanish LNG terminal and natural gas transmission network owner, posted a net profit of 322.5 million euros ($380M) for the first nine months, a rise of 1.6 percent compared with 2016.  The company said natural gas demand in Spain rose by 9.3 percent in the year to September. “This increase was driven by continued growth in demand from the industrial sector, which represents 60 percent of total demand for natural gas,” said Enagas.

UK cargo due on Oct 22

Oct 16 (LNGJ) - The 261,700 cubic metres capacity Q-Max carrier “Al Samriya” will deliver a shipment on October 22 to the UK Milford Haven import terminal in Wales from the Ras Laffan plant in Qatar, according to shipping data. The delivery was heading for the UK as the National Balancing Point benchmark natural gas price was at the equivalent of $5.75 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was substantially higher at the equivalent of around $6.20 per MMBtu.

LNG for the Middle East

Oct 13 (LNGJ) - The 210,100 cubic metres capacity Q-Flex vessel “Al Ghariya” will deliver a cargo on October 15 to the Mina Al Ahamdi import terminal in Kuwait from Ras Laffan in Qatar, according to shipping data. The 147,200 cubic metres “Arctic Lady” is scheduled to deliver a cargo on October 19 to the Jebel Ali import facility in Dubai in the United Arab Emirates from the Hammerfest plant in Norway. The 160,000 cubic metres capacity “Cool Voyager” will unload a shipment on October 20 at the Egyptian port of Ain Sokhna in the Gulf of Suez from Qatargas in Ras Laffan.

India-Japan LNG accord

Oct 12 (LNGJ) - The Indian government of Prime Minister Narendra Modi approved the signing of a Memorandum of Cooperation between India and Japan on establishing a liquid, flexible and global LNG market. “The MoC will promote bilateral relationship between India and Japan in the energy sector. It will contribute to the diversification of gas supplies for India. This will strengthen our energy security and lead to more competitive prices for consumers,” an Indian statement said. Japan is the world's largest LNG importer, receiving more than 83 million tonnes in 2016, while India is the fourth-largest buyer with just over 18MT of imports last year.

LNG for Spain and Japan

Oct 12 (LNGJ) - The 141,000 cubic metres capacity carrier “LNG Akwa Ibom” will deliver a shipment on October 14 to the Huelva import terminal in southwest Spain from the Bonny Island plant in Nigeria, according to shipping data. The 145,700 cubic metres capacity carrier “LNG Benue” will unload a cargo on October 23 at the Bilbao terminal in northwest Spain from Nigeria LNG.  The 165,000 cubic metres capacity vessel “LNG Fukurokuju” will deliver a cargo on October 18 to Japan’s Himeji terminal from the Australia Pacific LNG plant at Curtis Island in Queensland. The 177,000 cubic metres capacity vessel “Energy Horizon” is scheduled to unload a shipment on October 19 at the Japanese Sodegaura import terminal, operated by Tokyo Gas, from Australian company Woodside’s export terminal at Dampier in Western Australia.

US prices and output

Oct 12 (LNGJ) - The latest US government short-term energy outlook said it expected growth in LNG exports and domestic natural gas consumption in 2018 would contribute to a rise in the benchmark Henry Hub natural gas spot price from an annual average of $3.03 per million British thermal units in 2017 to $3.19 per MMBtu in 2018. The report added that the nation’s dry natural gas production would average 73.6 billion cubic feet per day (Bcf/d) in 2017, a 0.8 Bcf/d increase from the 2016 level. Natural gas production in 2018 is forecast to be 4.9 Bcf/d higher than the 2017 level. 

LNG for Spain and Korea

Oct 11 (LNGJ) - The 75,000 cubic metres capacity “Cheikh Bouamama” is scheduled to unload an Algerian cargo on October 11 at the Cartagena import terminal in southeast Spain, according to shipping data. The 140,000 metres capacity vessel “Arctic Voyager” will deliver a cargo on October 19 to the Bilbao terminal in northwest Spain from the Hammerfest plant in Norway, operated by Statoil. The 266,000 cubic metres capacity Q-Max carrier “Al Dafna” will deliver a cargo on October 15 to the South Korean Tong-Yeong terminal, operated by Korea Gas Corp., from Ras Laffan in Qatar. The 160,000 cubic metres capacity “Asia Excellence” will unload a shipment on October 18 at the South Korean Boryeong terminal, owned by SK E&S, from the Bontang plant in Indonesia.

Australian exports fall

Oct 10 (LNGJ) - Australian LNG exports fell last month to 4.2 million tonnes (63 cargoes) from 5.1MT (76 cargoes) in the previous month of August, according to monthly estimated from consultants EnergyQuest. Western Australia’s plants shipped 2.4MT in September, down from 3.4MT in August, due in particular to lower Gorgon and North West Shelf output. “Notwithstanding political pressure to reduce exports, Queensland LNG projects shipped two cargoes more than in August with a total of 1.8MT,” said EnergyQuest.

LNG for UK Kent terminal

Oct 10 (LNGJ) - The 266,000 cubic metres capacity Q-Max vessel “Al Bahiya” is scheduled to unload a cargo on October 13 at the UK Isle of Grain import terminal on the Medway River in Kent, 45 miles southeast of London, from the Ras Laffan plant in Qatar, according to shipping data. The shipment was being delivered as the UK National Balancing Point benchmark natural gas price was at the equivalent of $6.40 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was lower at the equivalent of around $6.25 per MMBtu.

Costly Gulf storm season

Oct 9 (LNGJ) - The US Bureau of Safety and Environmental Enforcement (BSEE) said an estimated 77 percent of Gulf of Mexico natural gas production, or 2,503.2 million cubic feet per day, was shut in over the weekend through October 8 for the passage of Tropical Storm Nate. A further 92 percent of the current oil production in the Gulf of Mexico was also shut in, which equates to 1.62 million barrels of oil per day. “Based on data from offshore operator reports, personnel remain evacuated from a total of 298 production platforms, which is 40.43 percent of the 737 manned platforms in the Gulf of Mexico,” said the BSEE.

US plant at 18M tonnes

Oct 9 (LNGJ) - The US Federal Energy Regulatory Commission FERC has given Cheniere Energy formal permission in a letter to start liquefaction and export activities from Train 4 at its facility to take total production so far to 18 million tonnes per annum. “Based on Commission staff inspections and review of the commissioning activities, Sabine Pass has demonstrated that the above-mentioned facilities have been constructed in accordance with Commission approval and applicable standards and can be expected to operate safely as designed,” said the letter.

Sengkang LNG advances

Oct 6 (LNGJ) - Energy World Corp., the LNG project developer, said its Indonesian Sengkang liquefaction venture was well advanced, with key equipment, including four cold-boxes, compressors and ancillary equipment, already installed on site. “The LNG storage tank has been fully slip-formed and is now subject to fit out,” said the Australian-listed company. “Jetty works have been finalised and loading arms have been installed. The interconnecting pipe work and the installation of the control and instrumentation systems are being completed,” added EWC. “As previously advised, the company will bring these projects into commercial operation in 500,000 tonnes per annum phases when we can conclude the LNG product off-take discussions with Perusahaan Listrik Negara, the state electricity company, who require LNG for power operations in eastern Indonesia,” it explained.

LNG firm in HQ rethink

Oct 6 (LNGJ) - LNG Ltd, the Australian-based company developing two LNG export projects in North America, the Magnolia project in Louisiana and the Bear Head venture in Nova Scotia, Canada, has suspended moves to redomicile the company in the US. “The board’s decision allows management to maintain its focus on marketing the offtake at Magnolia LNG and Bear Head LNG, to concentrate on opportunities to create additional long-term value for shareholders and to strengthen liquidity,” said Chief Executive Greg Vesey. “The board and the company’s management team are continuing to monitor market conditions to potentially re-engage on the redomiciling efforts at an optimal time for the company,” added the CEO.

US exports three cargoes

Oct 6 (LNGJ) - US LNG exports fell from five shipments to three over the past week. The US Energy Information Administration said in its weekly natural gas report that three vessels with LNG-carrying capacity of 11.2 billion cubic feet left Sabine Pass with cargoes and a fourth was loading at the Louisiana terminal on October 4. The US natural gas storage report showed nationwide net injections into storage totaled 42 Bcf for the week compared with the five-year average net injections of 91 Bcf and last year's net injections of 76 Bcf during the same week. “Increased power demand for natural gas likely contributed to lower net injections,” said the EIA.

Current LNG cargo liftings

Oct 5 (LNGJ) - The 160,000 cubic metres capacity vessel “Golar Crystal” docked on October 5 at the Sabine Pass export plant in Louisiana, operated by Cheniere Energy, to lift a cargo, according to shipping data. The 174,000 cubic metres capacity carrier “Gaslog Gibraltar” has loaded a shipment from the Trinidad plant at Point Fortin in the Caribbean and was awaiting orders. The 165,000 cubic metres capacity vessel “LNG Fukurokuju” has docked at the Australia Pacific LNG jetty at Curtis Island in Queensland to lift a cargo for Japan. The 135,225 cubic metres capacity carrier “Golar Mazo” has arrived at the Bontang plant in Indonesia for a cargo lifting for Taiwan.

LNG cargo carrier plans

Oct 4 (LNGJ) - The 155,900 cubic metres capacity carrier “Woodside Rogers” docked on October 4 at the Pluto LNG export plant jetty at the port of Dampier in Western Australia to lift a cargo for the Asia-Pacific region, according to shipping data. The 155,000 cubic metres capacity “British Ruby”, operated by BP Shipping, is scheduled to unload a cargo on October 5 at the Indian Hazira terminal, located north of Mumbai, from the Trinidad export plant at Point Fortin in the Caribbean. The 145,000 cubic metres capacity vessel “Al Deebel” will deliver a cargo on October 8 to the Egyptian Ain Sohna LNG port in the Gulf of Suez from Ras Laffan in Qatar. The 140,000 cubic metres capacity carrier “Arctic Discoverer” is scheduled to deliver a cargo on October 11 to the Dutch Gate import terminal in Rotterdam from the Hammerfest plant in Norway, operated by Statoil. The 216,200 cubic metres capacity Q-Flex vessel “Al Gattara” will unload a Qatargas shipment on October 13 at the Map Ta Phut import terminal in Thailand.

LNG cargo for UK Oct 9

Oct 4 (LNG) - The 210,000 cubic metres capacity Q-Flex carrier “Al Kharaana” will deliver a shipment on October 9 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 $5.90 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was higher at the equivalent of around $6.05 per MMBtu.

Delek-Gazprom accord

Oct 3 (LNGJ) - Israeli energy company Delek, a stakeholder in the Tamar and Leviathan gas fields in the East Mediterranean, has signed a memorandum of understanding with Gazprom of Russia to jointly examine the possibilities of using natural gas as a fuel for vehicles in the Israeli market. “The extensive capabilities of Delek in the Israeli energy market, alongside Gazprom’s intensity in the natural gas field, will contribute to further development of the Israeli natural gas market in general and in particular for natural gas-based transportation,” said Yossi Abu, Chief Executive of Delek Drilling, a Delek Group subsidiary.

France and Pakistan LNG

Oct 3 (LNGJ) - The 145,700 cubic metres capacity carrier “Al Jassasiya” was unloading a cargo on October 3 at the Pakistani Port Qasim import facility, east of Karachi, from Gulf state supplier Qatar, according to shipping data. The 210,000 Q-Flex vessel “Al Khattiya” was delivering a shipment from Qatargas on Oct 3 to the French Fos Cavaou terminal, located 50 kilometres west of the Mediterranean city of Marseilles. The 135,000 cubic metres capacity carrier “Hyundai Aquapia” has arrived at the Omani export plant at Sur on the Arabian Pensinsula to lift a cargo for South Korea.

Spanish gas surge

Oct 3 (LNGJ) - Natural gas demand in Spain, Europe’s biggest LNG importer, increased by 13 percent in September compared with the same month a year ago. “So far this year, demand for natural gas in Spain has increased by more than 9 percent, due to growth in conventional demand (4.5 percent) and natural gas deliveries to power generation plants (around 33 percent),” said Enagas, Spain’s network operator and main LNG import terminal owner. Enagas added that industrial demand was growing at around 7 percent compared with 2016 and demand for natural gas for electricity generation in September reached 7,085 gigawatt hours.

Asia-Pacific movements

Oct 2 (LNG) - The 137,000 cubic metres capacity carrier “Pacific Notus” was unloading a cargo on October 2 at the Japanese Kisarazu import terminal in Tokyo Bay from the Darwin plant in Australia's Northern Territory, operated by ConocoPhillips. The 155,000 cubic metres capacity vessel “Gaslog Sydney” docked on October 2 at the Queensland Curtis LNG plant, owned by Royal Dutch Shell, to lift a cargo for Asia. The 137,100 cubic metres capacity carrier “Puteri Delima Satu” was unloading a cargo on October 2 at the Yung-An import terminal in Taiwan from the Bintulu LNG plant in Malaysia.

LNG for India and Korea

Sept 29 (LNGJ) - The 150,000 cubic metres capacity “Seri Camellia” is scheduled to deliver a cargo on September 29 to the Indian Dahej terminal, operated by Petronet and located north of Mumbai, from the Bintulu plant in Malaysia. The 177,000 cubic metres capacity “Spirit of Hela” will deliver a cargo on October 4 to Yung-An import terminal in Taiwan from the Papua New Guinea plant near Port Moresby. The 138,375 cubic metres capacity “SK Splendor” will unload a cargo on October 6 at the South Korean Pyeongtaek import terminal, operated by Korea Gas Corp, from the Australian Gladstone plant in Queensland.

LNG for Chile and Asia

Sept 28 (LNGJ) - The 137,500 cubic metres capacity vessel “LNG Bayelsa” is scheduled to deliver a cargo on September 30 to the Quintero import terminal in Chile, according to shipping data. The shipment was re-loaded onto the carrier on September 13 at the Huelva terminal in southwest Spain. The 145,000 cubic metres capacity carrier “Milaha Qatar” will unload a shipment on October 2 at the Tai-Chung import terminal in Taiwan from Ras Laffan in Qatar. The 136,000 cubic metres capacity “Raahi” will deliver a Qatari cargo on October 2 to the Dahej terminal in India, operated by Petronet.

DNV GL appoints Hovem

Sept 27 (LNGJ) - European classification society DNV GL has named Liv Hovem as Chief Executive of its oil and gas business division, which provides integrated technical assurance and advisory services to operators, suppliers and regulators. She will be based at the DNV GL Oil and Gas headquarters in Hovik in Norway and be a member of the DNV GL Group's Executive Committee. Hovem succeeds Elisabeth Torstad, who has been appointed CEO of DNV GL’s new Digital Solutions division. Commenting on her appointment, Hovem says: “I look forward to leading the oil and gas business in its next phase of development. The oil and gas industry has the opportunity to play an important role in a sustainable energy portfolio.”

LNG ship movements

Sept 26 (LNGJ) - The 135,000 cubic metres capacity vessel “Hyundai Oceanpia” is unloading a shipment of US LNG on September 26 at the Pyeongtaek import terminal in South Korea from the Sabine Pass plant in Louisiana, according to shipping data. The 137,230 cubic metres capacity vessel “LNG Rivers” will deliver a cargo on October 5 to the Bilbao terminal in northwest Spain from the Bonny Island plant in Nigeria. The 155,000 cubic metres capacity carrier “British Diamond”, operated by BP Shipping, is scheduled to deliver a cargo on October 10 to the Bahia Blanca import terminal in Argentina. The 141,000 cubic metres capacity ship “LNG River Niger” will unload a cargo on October 12 at the Hazira import terminal in India from Nigeria.

UK Dragon LNG cargo

Sept 25 (LNGJ) - The 210,100 cubic metres capacity Q-Flex carrier “Al Sheehaniya” will deliver a shipment on September 30 to the UK Dragon import terminal in Milford Haven in Wales from the Ras Laffan plant in Qatar, according to the port authority. The delivery was heading for the UK as the National Balancing Point benchmark natural gas price was at the equivalent of $5.90 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was slightly lower at the equivalent of around $5.80 per MMBtu.

Tangguh LNG contract

Sept 25 (LNGJ) - Swiss electric power system maker ABB said it was selected by LNG project contractors in Indonesia to supply prefabricated electric substations for the Tangguh LNG expansion project. The engineering, procurement and construction group comprises  Indonesia’s Tripatra along with Chiyoda Corp. of Japan, Italy’s Saipem and Indonesian firm Suluh Ardhi Engineering. The Tangguh expansion project will add a third processing Train and 3.8 million tonnes per annum of production, taking total plant output to 11.4 MTPA. “Integrated solutions in the form of prefabricated substation buildings allow projects to be delivered with reduced risk, lower cost and shorter schedules,” said Per Erik Holsten, Managing Director of the ABB Oil, Gas and Chemicals business.

French and Indian cargoes

Sept 25 (LNGJ) – The 148,300 cubic metres capacity “LNG Ondo” will deliver a cargo on October 1 to the Montoir-de Bretagne terminal in Western France, owned by a subsidiary of Engie, from the Bonny island plant in Nigeria, according to shipping data. The 141,000 cubic metres capacity vessel “LNG River Niger” will unload a Nigerian shipment on October 12 at the Indian Hazira terminal, operated by Shell India and located north of Mumbai.

LNG for Spain and France

Sept 22 (LNGJ) - The 141,000 cubic metres capacity carrier “LNG Cross River” is scheduled to unload a shipment on September 23 at the Huelva terminal in southwest Spain from the Bonny Island plant in Nigeria, according to shipping data. The 155,000 cubic metres capacity vessel “Gaslog Saratoga” is scheduled to deliver a cargo on September 25 to the French Montoir-de-Bretagne terminal near the Loire river estuary on the Atlantic coast from Ras Laffan in Qatar.

Golar names Ross CEO

Sept 21 (LNGJ) - Golar LNG Ltd said it had replaced Chief Executive Oscar Spieler with a new CEO, named as Iain Ross, formerly with Australian engineering company WorleyParsons. Golar said Spieler’s “main remit” on becoming CEO had always been the delivery of the Cameroon floating LNG project vessel to be deployed offshore the West African nation and this has now been done.  “Having substantially executed his responsibility to deliver the FLNG ‘Hilli Episeyo’, Oscar will nevertheless remain with the group and fulfil the role of Executive Advisor,” said Golar. “With 34 years of broad industry and geographic experience and a focus on sustainable growth of businesses, Iain brings to Golar a strong leadership skill set,” the company added.

LNG cargo deliveries

Sept 21 (LNGJ) - The 75,000 cubic metres capacity vessel “Cheikh El Mokrani” is unloading a cargo on September 21 at the Revithoussa import terminal in Greece from the Skikda export plant in Algeria, operated by Sonatrach., according to shipping data. The 162,000 cubic metres capacity carrier “Esshu Maru” is scheduled to deliver a shipment on September 28 to India’s Dahej import terminal, owned by Petronet, from the Arzew export plant in Algeria. The 217,000 cubic metres capacity Q-Flex carrier “Al Hamla” is scheduled to deliver a shipment on October 3 to the Japanese Kawagoe import terminal, owned by Chubu Electric, from the Ras Laffan plant in Qatar. The 135,360 cubic metres capacity “Al Wakrah” will unload a Qatari cargo on October 4 at Japan’s Niigata terminal, operated by Tohoku Electric.

UK shale-gas progress

Sept 20 (LNGJ) - IGas Energy of the UK, one of the leading shale-gas and hydrocarbon companies for onshore Britain, posted first-half earnings of £8 million ($10.8M) compared with a loss of £25M in the same six-month period of 2016. “Momentum in UK shale activity continues to increase with Cuadrilla now drilling its first well at Preston New Road, Third Energy expecting to start hydraulic fracturing at its KM8 well in North Yorkshire in the next few months and Ineos having submitted further applications for shale appraisal,” said Stephen Bowler, IGas Chief Executive. “We will shortly commence site construction at our two sites in North Nottinghamshire,” added Bowler. “In the North West, we have applied to conduct further tests on our site at Ellesmere Port and we are developing applications for appraisal and flow testing in both the North West and the East Midlands,” he said.

LNG boil-off advance

Sept 20 (LNGJ) - GTT, the French maritime LNG storage technology company, said it recently received general approval from the American Bureau of Shipping, the US classification society, for its newest version of the Mark III Flex tank with a lower boil-off rate of gas. “This latest variant of the sea-proven Mark III Flex technology benefits from an improved insulation performance through an increase in thickness and an enhanced secondary membrane solution,” said GTT.  The company said the new tank has a daily boil-off rate of 0.07 percent volume per day compared with 0.085 percent volume per day for the previous version.

UK cargo due on Sept 24

Sept 19 (LNGJ) - The 210,100 cubic metres capacity Q-Flex carrier “Al Sheehaniya” will deliver a shipment on September 24 to the UK Milford Haven import terminal in Wales from the Ras Laffan plant in Qatar, according to shipping data. The delivery was heading for the UK as the National Balancing Point benchmark natural gas price was at the equivalent of $6.45 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was lower at the equivalent of around $6.00 per MMBtu.

US LNG cargo activity

Sept 19 (LNG) - The 173,400 cubic metres capacity vessel “Ribera Ddel Duero Knutsen” is scheduled to deliver a shipment on October 5 to the Dutch Gate import terminal in Rotterdam from the US Sabine Pass plant in Louisiana, operated by Cheniere Energy. The carrier lifted the cargo on September 14, according to shipping data. The 159,924 cubic metres capacity carrier “Energy Atlantic” is scheduled to arrive at the US Sabine Pass plant on October 7 to lift a cargo after previously delivering a shipment to Argentina.

Cheniere debt placed

Sept 19 (LNGJ) - Cheniere Energy, owner of the US Sabine Pass LNG export plant, completed its latest fund-raising exercise in a transaction with several of its pipeline and investment affiliates. The Houston-based company said it entered into a purchase agreement with Swiss investment bank Credit Suisse Securities for $1.5 billion of senior debt Notes with principal if 5.25 percent and due in 20205. “On September 18, 2017, the partnership closed the sale of the notes pursuant to the purchase agreement. The Notes were sold on a private placement basis,” said Cheniere.

Belgium and Spain cargoes

Sept 18 (LNG) - The 210,000 Q-Flex vessel “Al Oraiq” is scheduled to unload a cargo on September 23 at the Zeebrugge import terminal in Belgium from the Qatari export plant at Ras Laffan, according to shipping data. The 155,000 cubic metres capacity vessel “British Diamond”, operated by BP Shipping, is scheduled to deliver a cargo on September 24 to the Barcelona import terminal in northeast Spain from the Trinidad export plant at Point Fortin in the Caribbean.

Croatian gas supply deal

Sept 18 (LNG) - Croatia, the Balkan and European Union-member currently developing its first LNG import terminal at an island in the Adriatic, has just signed a new pipeline import contract with Russian natural gas company Gazprom. “Gazprom Export and the Croatia have signed a long-term contract on natural gas supplies for the period from 1 October 2017 to 31 December 2027,” said Gazprom. “The annual supply volume within the contract amounts to 1 billion cubic metres with 0.25 Bcm is to be delivered in the fourth quarter of 2017,” it added. The Croatians said they were “exceptionally satisfied” with signing this contract with Gazprom. “Our cooperation with strong reliable partner provides the Croatian market with secure and reliable gas supply,” said Pavao Vujnovac, President of the gas supply company Croatia Prvo Plinarsko Drustvo.

Belgian gas trade rise

Sep 15 (LNGJ) - Fluxys, the Belgian natural gas transmission and hub operator whose assets include the Zeebrugge LNG import terminal, said liquidity and market depth at the Zeebrugge Trading Point (ZTP) for gas continues to rise. Fluxys added that the pan-European gas trading platform PEGAS, owned by the European Energy Exchange group, has launched a ZTP monthly price index. “The monthly index offers end users and grid users in Belgium an attractive alternative for currently used price references in gas supply contracts,” said Fluxys. “Traded volumes nominated on ZTP rose 54 percent in the first eight months of 2017,” it added. “ZTP also saw a rise in so-called market maker agreements in which hub customers commit to a minimum number of transactions” said Fluxys.

Korea and Mexico cargoes

Sept 14 (LNGJ) - The 138,200 cubic metres capacity vessel “Hanjin Muscat” will deliver a cargo on September 27 to the Pyeongtaek import terminal, operated by Korea Gas Corp, from the Oman plant on the Arabian Peninsula. The 141,000 cubic metres capacity “LNG Adamawa” will unload a shipment on September 28 at the Mexican Altamira import terminal on the Gulf of Mexico coast from the Nigerian LNG plant on Bonny Island. The 145,700 cubic metres capacity carrier “Tangguh Jaya” carrier is scheduled to deliver a cargo on October 5 to the Costa Azul terminal, owned by US utility Sempra Energy, and located on the Pacific Coast of Mexico, near the town of Ensenada. The shipment was lifted on September 9 from the Tangguh plant on Bintuni Bay, in the province of West Papua, Indonesia.

LNG for Europe and China

Sept 13 (LNGJ) - The 75,000 cubic metres capacity vessel “Berge Arzew” will unload a shipment on September 18 at the Turkish Aliaga import facility near the port of Izmir from Algerian plant operator Sonatrach, according to shipping data. The 147,200 cubic metres capacity carrier “Arctic Lady” will unload a cargo on September 19 at the Dunkirk LNG plant at the French Channel port from the Hammerfest plant in Norway, operated by Statoil. The 174,100 cubic metres capacity vessel “Cesi Gladstone” will deliver a cargo on September 22 at the Chinese Qingdao import facility in Shandong province, owned by Sinopec, from the Australia Pacific plant in Queensland.