On 5th February, US Secretary of Energy, Rick Perry, Qatar’s Minister of State for Energy Affairs, CEO and President of Qatar Petroleum, HE Saad Al-Kaabi, and ExxonMobil Chairman and CEO, Darren Woods announced that around $10 bill will be invested in the Golden Pass LNG terminal.
In accordance with planned deadlines for the construction of the floating LNG terminal on the Croatian Island of Krk, a final investment decision (FID) was agreed by LNG Croatia on 31st January, 2019.
Excelerate Energy LP’s Northeast Gateway deepwater terminal, located offshore Boston (Mass), reached a peak send-out flow rate of over 800,000 mill Btu per day of natural gas on 1st February, 2019, a first for the terminal.
Anadarko has followed up its recent SPA signings by adding three more energy companies to its list.
OLT Offshore LNG Toscana regasification terminal is working at almost 100% of its full capacity.
German LNG Terminal GmbH, a joint venture involved in Germany’s first LNG terminal at Brunsbuettel, has signed another long-term commercial capacity agreement with an undisclosed global LNG supplier.
Chevron USA Inc, a wholly owned subsidiary of Chevron Corp, has signed a sales and purchase agreement (SPA) with GS Caltex Corp for the delivery of LNG to South Korea.
The US Coast Guard’s Marine Safety Unit (MSU) Lake Charles conducted a facility safety inspection at the Cameron Liquefied Natural Gas (LNG) facility recently, in preparation for the loading of the first LNG export cargo.
Nakilat has reported a net profit of QAR892 mill for 2018 (QAR1.61 per share), an increase of 5.3% on the previous year.
GasLog Ltd has reported record quarterly results.
Kawasaki Kisen Kaisha’s (‘K’ Line) LNGC ‘Oceanic Breeze’ made her maiden call at Naoetsu LNG terminal operated by INPEX Corp with a cargo from the Ichthys gas facility.
On 7th February, 2019, Excelerate Energy and Equinor Energy completed the first LNG ship-to-ship (STS) transfer in The Bahamas.
NAPA, the maritime software, services and data analysis provider, has announced that after a competitive tender, INPEX Corp is to install NAPA’s solution for monitoring and follow-up of ship operations.
The 16,100 cu m ‘Tango’ FLNG has arrived in Bahia Blanca, Argentina, following a 45-day voyage from China, Exmar has confirmed.
Burckhardt appoints Dübi to lead services division
Burckhardt Compression Holding has appointed Rainer Dübi as President of the Services Division and a member of the Executive Board. He replaced Martin Wendel on 15th February, 2019. Wendel, has held this position since September, 2016. Dübi has been with Burckhardt Compression since 2003 and is highly familiar with the company's reciprocating compressor manufacturing and services business. He served as the Head of Design and Manufacturing since 2012 and is a member of the Systems Division management team. Wendel will leave the company at the end of August, 2019.
FERC reopens EIS comment periods
The US Federal Energy Regulatory Commission (FERC) has issued at least three notices recently, regarding proposed US export terminals, following the Government department shut down. One said it was reopening, until 25th February, the period within which to submit comments regarding the draft Gulf LNG Energy LLC environmental impact statement (EIS), the same date as the draft Eagle LNG Partners Jacksonville LLC EIS comments are needed. Another confirmed the reopening, until 13th March, the period within which to submit comments regarding the draft Annova LNG Brownsville LLC EIS.
Yamal reaches milestone
Yamal LNG has shipped 10 mill tonnes of LNG since production began in December, 2017, according to a Reuters report. It said the 136th cargo was loaded on the Arc7 ‘Vladimir Vize’.
Newbuildings, deliveries and deletions
GasLog has confirmed it had placed an order for two 180,000 cu m LNGCs thought to be valued at $189 mill each at Samsung on the back of seven year charters to Cheniere. Elsewhere, Daewoo has said that it had received an order from Maran Gas for another 174,000 cu m LNGC for delivery in the first half of 2021. However, some sources indicated that this contract could be a conversion of a previously ordered FSRU for the Angelicoussis Group company. Believed to be leaving the fleet is the 1980-built Sonatrach operated LNGC ‘Mourad Didoude’ , which has been reported sold to Bangladesh recyclers. On 15th February, Kawasaki Heavy Industries handed over the ‘Shinshu Maru’ to Trans Pacific Shipping 7 Limited, a joint venture between JERA and Nippon Yusen Kabushiki Kaisha (NYK Line). She is the second of Kawasaki's series of 177,000 cu m capacity MOSS-type LNGCs to be commissioned. She has been designed to transit the newly expanded Panama Canal.
Oman Trading delivers first Bangladesh cargo
Oman Trading International (OTI), the trading arm of state-owned Oman Oil Co, was to deliver its first LNG to Bangladesh last week, according to a report by S&P Global Platts. Under an SPA, signed on 13th May, 2018, OTI agreed to supply a base volume of 1 mill tonnes per year, following the completion of the first two LNG import terminals, currently being constructed in Bangladesh. The deliveries were originally due to commence in May, 2019. However, the LNGC ‘Cape Ann’, loaded with 136,000 cu m of Nigerian LNG, was expected to reach Bangaldesh’s floating LNG terminal at Moheshkhali Island last week, said S&P Global Platts.
IOC buys Ennore commissioning cargo
Indian Oil Corp (IOC) has bought an LNG commissioning cargo for its new Ennore terminal in south India, according to industry sources talking with Reuters. State-owned IOC was believed to have purchased a partial LNG cargo for delivery on 25th February from commodities trader Gunvor. It bought the cargo at about $9.50-9.90 per mill British thermal units, one source told Reuters.