In this issue

 

Dresser-Rand, part of Siemens Group, has commissioned an LNGo-HP (high-pressure) micro-scale natural gas liquefaction system for Altagas Ltd. in Dawson Creek, British Columbia, Canada. Producing approximately 30,000 gallons of LNG…
Initial optimism of global LNG suppliers that South Korea’s new electricity policy might lead to higher demand growth has been replaced by the recognition that more needs to be done…
Mexico is developing a series of privately-owned pipelines a floating LNG import facility, as part of a historic build-out of the nation’s gas infrastructure. State-owned Cenagas, operator of Mexico's main…
Crippling gas supply shortages have become a thing of the past in Bangladesh as the country started importing LNG. The maiden cargo arrived on April 23. Going forward, Petrobangla seeks…
Regardless of soaring costs, LNG imports by India increased 16.8% in March compared with the year-ago period. Supply from Qatar and Nigeria was complemented by the first shipment of US…
Tellurian Inc., the developer of the Driftwood LNG project, has set aside a pool of around $280 million for executive bonuses, including up to $35 million for CEO Meg Gentle…
Chart Industries, the US LNG and energy equipment maker, has returned to a first-quarter profit following internal restructuring and amid a rise in its order-book. Order activity has risen 53%,…
Lake Charles LNG, the liquefaction project owned by the U.S. pipeline company Energy Transfer, has asked regulators to extend the deadline for the start of construction to November 2019. 
Australian commodities company BHP Billiton is continuing to exit its onshore assets in the southwest of the United States, and is awaiting bids. “We expect to receive bids by June…
Dominion Energy, owner of the Cove Point LNG facility in Maryland, is pulling out all the stops to acquire Scana Corp and its South Carolina natural gas and power assets.…
Gauging incremental gas demand, derived from new gas-fired power plant projects worldwide, Energy Aspects pointed out that most of Asia’s new capacity is “supportive of additional LNG demand,” while North…
CLP Power, developer of a new unit at Black Point Power Station (2,500 MW) in Hong Kong, has selected Shell to supply LNG to fuel the mega plant. The new…
Saudi Arabia, the world’s largest oil producer, is about to join Kuwait and the UEA in buying attractively-priced LNG. Khalid Al-Falih, the Saudi energy minister, did not rule out buying…
Tellurian Inc, developer of the Driftwood LNG project, has confirmed Bechtel Oil, Gas and Chemicals had made a $50 million investment in the company. The investment was made on the…

News Nudges

Malay shipping line to co-own tankers for LNG Canada

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 LNG carriers that will mainly serve the LNG Canada project. Both LNG carriers would have a capacity of 174,000 cubic metres and are currently being built by the Hyundai Samho Heavy Industries shipyard in South Korea. The carriers will serve Diamond Gas, an LNG marketing arm of Mitsubishi, under 18-year charter contracts.MISC's main client for charters is Petronas, a shareholder in LNG Canada along with Mitsubishi.The LNG Canada project, led by Royal Dutch Shell, has an estimated cost of C$40 billion (US$31.2 billion), making it the biggest ever energy investment in Canada. The project engineering contractors are Fluor and JGC. The first phase of the project will be built on a 400 hectares site in the industrial area of Kitimat, located about 650 kilometres north of Vancouver. It will comprise two LNG liquefaction Trains, each with 7 mtpa of output and two LNG storage tanks, each of 225,000 cubic metres capacity in addition to other facilities. The plant could be expanded at a later stage.