In this issue

 

Wednesday, 18 March 2020
Oslo based consultancy Rystad Energy lowered its forecasts for natural gas prices in Europe and Asian spot LNG last week amid concerns about the spread of the coronavirus.
Wednesday, 18 March 2020
Free ReadIndia was set to import record volumes of LNG last month in an effort to take advantage of its price hitting all-time lows, due to the virus outbreak dampening demand…
FGEN LNG Corp is seeking the Philippines Department of Energy’s (DOE) approval to allow it to start the construction of its planned LNG terminal.
The US Federal Energy Regulatory Commission (FERC) has prepared a final environmental impact statement (EIS). This assesses the impacts of constructing and operating the Alaska LNG project proposed by the…
Tellurian has appointed two new executive leadership team members following an announcements regarding cutbacks. Kian Granmayeh, formerly Director of Investor Relations, is now Tellurian’s CFO, responsible for financial strategy and…
Free ReadKorea Lines is to spin off its LNG transportation business into a separate company, according to reports from South Korea. The 11 LNGCs — all chartered to South Korean state-owned…
Wednesday, 18 March 2020
India's Gujarat State Petroleum Corp (GSPC) is seeking six LNG cargoes for delivery from March to November through two separate tenders, according to newswires. One cargo is for delivery from…
On 13th March, Golar Power Limited signed a Protocol of Intentions with the Pernambuco State Government to develop an LNG import terminal at Suape, located in the northeast of Brazil.
Wednesday, 18 March 2020
Free ReadOn 12th March, Grain LNG welcomed its 500th LNGC since it opened for business 14 years ago. The vessel involved was the ‘LNG Merak’, which berthed at the River Medway…
Wednesday, 18 March 2020
Pavilion Energy Pte Ltd and Singapore LNG Corp Pte Ltd (SLNG) have signed a five-year agreement for LNG storage and reload services at the SLNG Terminal on Jurong Island. This…
The terminal to dock LNGCs to supply gas for 350 MW LNG power plant in Myanmar’s Thilawa Special Economic Zone is about 40% complete.
Wednesday, 18 March 2020
Free ReadAB Klaipedos nafta (KN) has concluded a loan agreement with Nordic Investment Bank for up to €160 mill. This will be used to finance the acquisition of an FSRU.  The…
Wednesday, 18 March 2020
Dynagas LNG Partners has reported fourth quarter 2019 net income of $5.5 mill, compared to a net loss of $0.9 mill in the corresponding period of 2018. This represents an…
Mexico Pacific Limited (MPL) has awarded a Front End Engineering Design (FEED) contract to Technip USA. This represents one of the final milestones to moving the project into construction and…

News Nudges

Jaigarh FSRU arrives

According to vessel tracking data, the 145,000 cu m FSRU ‘GDF Suez Cape Ann’ has arrived offshore India's Mashrata state. She is due to operate as the 4 mill tonnes per year Jaigarh LNG import terminal. Indian independent H-Energy's Jaigarh import facility will use the FSRU in conjunction with a 60 km pipeline linking Jaigarh to the national grid at Dabhol. The project was initially expected to start commercial operations by the end of last year, but an extended monsoon season delayed the completion of the pipeline. Once in operation, Jaigarh will be India's fifth west coast terminal and the first of H-Energy's planned terminals to come on line.


Yamal exceeds 30 mill tonnes

Yamal LNG has shipped 30 mill tonnes of LNG since it started operations. The Arc7 ‘Nikolay Yevgenov’ recently loaded the 411th cargo to reach this milestone since the start-up of Train 1 in December, 2017. The project is currently exceeding its design capacity of 16.5 mill tonnes per annum. For example, in 2019, the first full year of simultaneous operation of all three liquefaction trains, Yamal LNG produced 18.4 mill tonnes of LNG, exceeding the plant's design capacity by 11% or 1.9 mill tonnes.


LNG export plant reaches milestone

EG LNG, the LNG liquefaction and export terminal located on Equatorial Guinea’s Bioko Island, loaded its 700th gas cargo last week. The terminal has now been in operation for 13 years. Operated by Marathon Oil Corp with shareholders Marubeni, Mitsui & Co and state-owned Sociedad Nacional de Gas (SONAGAS), the plant, which allowed for the monetisation of the Alba gas field, delivered its first cargo on 24th May, 2007.


GasLog introduces Argentine terminals training

GasLog has signed an annual contract to train its LNGC officers in Siport21 Ship Simulation Centre. The company said that this continues its crews’ safety focus. This agreement includes the development of real-time ship manoeuvring simulation training programmes in which the attendees will improve their knowledge of the Argentine LNG terminals of Bahia Blanca and Escobar. Following training, GasLog claimed that its navigating officers will have improved their knowledge of the most complicated navigation areas and, therefore, the safety of the manoeuvres, contributing to facilitate the communication and co-operation between pilots and bridge staff. GasLog said that specific vessel models will be used in the training programmes, and will include transiting the access channels and manoeuvring areas to the FSRU and FLNG units moored at Escobar and Bahia Blanca, respectively. In addition, attendees will carry out emergency manoeuvres in order to improve their reactions to unforeseen sudden events.


Bechtel signs Port Arthur EPC agreement

Sempra Energy’s Port Arthur LNG and Bechtel Oil, Gas, and Chemicals, have signed a fixed-price engineering, procurement and construction (EPC) contract for the Port Arthur LNG liquefaction project. Under the terms of the EPC, Bechtel will carry out the detailed engineering, procurement, construction, commissioning, startup, performance testing and operator training activities for the project. In addition, the agreement also covers continuing pre-final investment decision (pre-FID) engineering to better ensure project cost and schedule certainty. Port Arthur LNG’s project will initially include two liquefaction trains, two LNG storage tanks, a marine berth and associated loading facilities, and related infrastructure necessary to provide liquefaction services, with a nameplate capacity of around 13.5 mill tonnes per annum of LNG.