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The US Coast Guard said it went to assist an LNG carrier, the “Catalunya Spirit” owned by Teekay Corp. of Canada, after it lost propulsion 35 miles east of Chatham, Massachusetts.
Aker Kvaerner of Norway and Ishikawajima-Harima Heavy Industries of Japan said they won the $680 million contract to provide engineering, procurement and construction for the Gulf Clean Energy LNG project in the southern US.
Royal Dutch Shell’s shipping subsidiary said it has started recruiting US seafarers for the company’s growing fleet of managed LNG carriers as it aims to increase deliveries to American ports.
Gazprom said it was unlikely to go ahead with its $3.5 billion Baltic LNG production plant near Petersburg as it concentrates on the huge Shtokman LNG project in the Barents Sea.
Royal Dutch Shell says most of the LNG from the Qatargas IV project will be exported to the import terminal at Elba Island in the US state of Georgia to meet the energy needs of six million American homes.
BG Group said the company expected to boost LNG revenue by about 30 percent in 2008 and 2009 by diverting about 30 percent to 40 percent of its cargoes away from the United States.
BG Group, one of Europe’s leading LNG companies, said fourth-quarter LNG operating profits jumped more than 40 percent to $320 million, increasing the company’s annual LNG operating income to $1 billion for the first time as offtake volumes and Asian sales rose.
Turkey said it would like to purchase regular LNG supplies from Qatar after 2010 as it moves to secure more long-term supplies for its two import terminals.
Osaka Gas, the supplier serving almost 7 million customers in the Kansai region of Japan, has completed a deal to buy 10 percent of the Freeport LNG import terminal project on the Gulf coast of Texas.
Qatar Petroleum said it would deliver its first commercial LNG cargo to the UK’s South Hook terminal in Milford Haven by September this year.