Australian developer LNG Ltd has formally extended its final turn-key engineering and construction contract for the Magnolia LNG export venture in Louisiana by eight months as it seeks to finalize capacity agreements with customers.
The Frazer-Nash consultancy said it was awarded a place on the design and engineering technical services framework agreement for National Grid’s Grain LNG import terminal, located on the Medway River, 45 miles southeast of London.
There are currently 75 ships using liquefied natural gas as fuel in operation worldwide, not including the carriers that make deliveries, with another 84 newbuilds on order as emission regulations become stricter in 2020 and beyond.
US pipeline giant and liquefied natural gas project developer, Kinder Morgan, is expanding its fleet of Jones Act product tankers for domestic trading to 16 as it awaits four new product tankers capable of being converted to LNG propulsion.
Singapore’s Energy Market Authority (EMA) regulator has extended until May 27 a tender for a feasibility study on using floating liquefied natural gas import facilities for the city state as it builds up its infrastructure and trading as a regional hub.
Finland has begun sea trials for the world’s first LNG-powered icebreaker named “Polaris” and built at the Arctech Helsinki Shipyard.
OLT Offshore LNG Toscana, the Italian floating import facility deployed offshore the Mediterranean coast, said 12 different companies presented offers in its tender for cargoes and it had allocated five delivery slots.
Australian energy company Santos said the three liquefied natural gas plants where it has stakes, the Gladstone coal-seam-gas-to-LNG joint venture in Queensland, the Darwin LNG plant and the Papua New Guinea project delivered a total of 56 cargoes in the first quarter.
Cheniere Energy, operator of the Sabine Pass liquefied natural gas export plant in Louisiana, told US regulators its second project, the Corpus Christi LNG development in Texas, was almost a third complete and the first liquefaction Train was on track for start-up in 2018.
US energy companies and liquefied natural gas project developers have hailed the passing by the Senate of a bill that will make it easier to build liquefaction and export plants and other natural gas and oil infrastructure nationwide.