In this issue

 

European utilities are courted by more and more sellers marketing long-term LNG volumes from pre-FID LNG supply projects. To gain access to attractively-prices US LNG, however, European buyers need to…
Free ReadNear-curve gas prices at the Dutch Title Transfer Facility (TTF) have fallen as low as $3.86 per million British thermal units (mmBtu) in recent weeks, driving up demand for LNG…
Speculative orders for Floating Storage and Regas Units (FSRU) are on the rise as developers want to have the vessels ready for quick deployment once local regulators issue a permit…
GasLog has confirmed that one of its subsidiaries has signed a 10-year time charter with Sinolam LNG Terminal to provide a Floating Storage Unit (FSU) for a gas-fired power plant…
India’s energy giant Petronet has signed a $7.5 billion agreement with Tellurian to take a stake in Driftwood LNG and import 5 million tons of gas per year. If supplies…
Free ReadSouth Korea’s state-run KOGAS has agreed with BP to buy 1.58 million tons of US LNG starting 2025. The deal is worth an estimated $9.61 billion over 18 years and…
SeaFloat, Siemens-made power barges equipped with SGT-A65 gas turbines, will be installed at the Upper Bay of Brooklyn in New York City. Two SeaFloats, with a capacity of 300 MW…
Mitsui OSK Lines (MOL) and Dutch-based Karpower International BV, a subsidiary of Turkey’s Karadeniz Holdings, have signed an agreement to jointly carry out the first LNG-to-Powership project in Mozambique. Named…
Free ReadFreeport LNG, the latest US export plant to come on stream at Quintana Island in Texas, plans to launch its own LNG cargo sales windows with trading platform provider, Redwood…
Sempra-led Cameron LNG export plant is suffering some technical problems though said it was managing to stick to its cargo shipping schedule. The facility at Hackberry was rumored to have…
Cargoes of US LNG will head from Calcasieu Shipping Channel, near Lake Charles in Southwest Louisiana, all the way to Bac Lieu in Vietnam’s Mekong Delta. There, the European-led Delta…
MISC Berhad, the Malaysian shipping line with an LNG fleet of more than 30 vessels, has agreed with Nippon Yusen Kabushiki Kaisha (NYK) and Mitsubishi Corp to co-own two new-build…
Free ReadTit-for-tat trade tariffs keep escalating the Sino-U.S. trade war and threaten to delay the second wave of American LNG export projects. Tellurian and other developers are expected to delay final…
Natural gas deliveries to U.S. LNG export plants set a monthly record in July, although gas use for power generation spiked to 44.5 billion cubic feet (Bcf) on July 19.…

News Nudges

US LNG for UK

UK natural gas prices have declined from record levels, though are still substantial compared with previous years at around $23.00 per million British thermal units and are attracting US shipments. A cargo is scheduled to arrive on January 11 at the UK South Hook terminal at Milford Haven on board the 160,000 cubic metres capacity carrier “Cool Voyager”. The vessel lifted the cargo on December 24 at the Freeport plant on Quintana Island in Texas.


Peru LNG for Korea

Peru LNG exported two late-December LNG cargoes to South Korea at the Japan-Korea Marker price for North Asian spot shipments, quoted at $37.265 per million British thermal units, according to national energy company PeruPetro. The car-goes were lifted from the Pampa Melchorita plant on the Peruvian Pacific Coast by the 159,800 cubic metres capacity carrier “Maran Gas Efessos” and the 173,400 cubic metres capacity vessel “Maran Gas Amphipolis”, the company added.


Chart wins $120m in liquefaction orders

Chart Industries has been awarded four liquefaction project orders – worth $120 million – from four different customers. The deals include ‘limited notice to proceed’ on two of the “Big LNG” export plant projects which are likely to take FID in 2022. Highlights of the four liquefaction project awards include a 15-ton hydrogen liquefier which will be built in North America with a new hydrogen liquefaction customer and a 60,000-ton BioLNG liquefaction train and associated equipment.