In this issue

 

New Fortress Energy, the US LNG supplier in the Americas, has received three permits from Mexican Energy Regulatory Commission (CRE) for regasification, storage and distribution of the superchilled gas at…
Free ReadBlack & Veatch will carry out the technical, engineering and commercial feasibility studies of the Andes Energy Terminal (AET) in Colombia. It will scrutinise the development of a LNG regas…
Marlim Azul Energia will generated electricity from domestic gas from Brazilian pre-salt deposit. One M501JAC gas turbine has been shipped from Mitsubishi Power Americas to Marlim Azul Energia's power project…
Chevron Corp., a leading LNG exporter and operator of liquefaction projects in Africa and Australia, has no plans to reduce its oil and gas business in favour of wind and…
Monday, 05 July 2021
• May-June exports at 12.17mmt • Down 0.41mmt (-3pct) over March-April period • Shipments up 6.32mmt (108pct) over period year-on-year • Avg. US capacity utilisation at 97pct for report period
Monday, 05 July 2021
Free ReadPeriod between 1 May and 30 June, inclusively. Elba Island LNG Elba Island LNG exported five cargoes amounting to 0.36mmt in May and June, broadly steady in volume terms compared…
Prospect of dwindling production from Argentina’s Vaca Muerta shale will likely spark a rise in US LNG imports over the coming months to build up reserve prior to the heating…
Flex LNG, the Norwegian shipowner with a fleet of 12 modern vessels, has signed charters with Cheniere Energy of the US, for at least four of its carriers, and with…
The American Bureau of Shipping, the US classification society, has held its annual meeting of members in Houston and recalled a past year of success.
Free ReadThe US Department of Energy has just published its latest LNG export data with the average overall price for the six plants rising with deliveries concentrated on Europe, including the…
WhiteWater Midstream is holding an open season for up to 2 billion cubic feet (Bcf) of firm storage capacity at the Waha Gas Storage in Texas. The bidding process started…
Tellurian Inc., the developer of the US Driftwood LNG export plant in Louisiana, has resumed drilling in the Haynesville Shale basin and considers buying more acreage. Executive chairman Charif Souki…
Free ReadJack Fusco, President and CEO of Cheniere Energy, said global LNG demand was still „very high“ and the North Hemisphere summer slowdown was being offset by South American nations seeking…
Firmer prices at Henry Hub have reduced the gas use for power generation in the United States, but government analysts forecast an increase in natural gas consumption, including for LNG…

News Nudges

Charter rates rise

Shipping spot charter rates for LNG carriers soared in the West of Suez market with rates rising by up to $18,500 per day to be between $82,000 per day and $78,000 per day for vessels of 155,000-165,000 cubic metres capacity. East of Suez spot charter rates showed a more moderate increase of $1,500 per day to be quoted by shipbrokers at between $64,000 per day and $60,000 per day. One-year charter rates for the most modern vessels were unchanged at about $93,000 per day.


US LNG for UK

The 145,000 cubic metres liquefied natural carrier “Methane Lydon Volney” was discharging a US cargo on September 29 at the Isle of Grain import terminal on the Medway-Thames estuary, southeast of London. The vessel carrying a cargo lifted from the Sabine Pass plant in Louisiana docked after the UK National Balancing Point benchmark natural gas price hit a seasonal record on September 28.


Fatih Birol on Time 100 list

The Executive Director of the International Energy Agency (IEA), Fatih Birol has been named as one of the 100 most influential people by Time Magazine in its annual list. “In a world where facts are assaulted, Fatih Birol combines the best of high-tech data, optimistic know-how and old-school rhetorical finesse,” US Special Presidential Envoy for Climate John Kerry commented, suggesting the IEA head would use his authority to “slash carbon emissions and save our planet.”