In this issue

 

Thursday, 28 April 2016

Gas membrane containment system manufacturer GTT (Gaztransport & Technigaz) announced a 7.1% rise in revenues to €58.6 mill for the first quarter of this year, compared with 1Q15.

Thursday, 28 April 2016

Qatar Gas Transport Company (Nakilat), the shipping arm of Qatar’s liquefied natural gas (LNG) sector, has announced a net profit of QR240 mill in the first quarter of this year, compared with QR223 mill for the same period in 2015 - an increase of 8%.

Thursday, 28 April 2016

Iran is set to get its first FLNG terminal by March, 2017, according to Ali Kardor, National Iranian Oil Company’s (NIOC) vice president for finance and investment affairs.

Thursday, 28 April 2016

China’s largest LNGC was floated out at the Hudong-Zhonghua Shipbuilding, Shanghai, on 15th April, according to local sources.

Thursday, 28 April 2016

Argentinian state-run gas distributor ENARSA and its procurement agent YPF have issued a new tender to purchase nine cargoes.

OLT Offshore LNG Toscana has received 12 separate offers to its tender for the capacity allocation for the regasification and storage bundled service for 2016/2017.

GTT has signed a technical assistance and license agreement (TALA) with AG&P (Atlantic, Gulf and Pacific Co), a provider of modular industrial delivery solutions.

Thursday, 28 April 2016

Trelleborg’s fluid handling operation has been awarded the EN1474-2 accreditation, following the development of a new hose design.

There have been significant changes in the LNG sector over the past decade that has affected LNG shipping, particularly in the Pacific Basin.

Thursday, 14 April 2016

GAIL India has bought the second gas cargo from Cheniere Energy’s Sabine Pass plant in Louisiana.

Thursday, 14 April 2016

Chevron’s Gorgon LNG facility in Australia has been hit by technical difficulties, which has resulted in the temporary suspension of exports less than a month after it started first production.

GasLog Ltd took delivery of the 174,000 cu m ‘GasLog Greece’ at the end of last month.

Thursday, 14 April 2016

Last month, Qatar Liquefied Gas Company Limited-2 (Qatargas 2) and Kuwait Petroleum Corp (KPC) signed an agreement to supply 500,000 tonnes of LNG to Kuwait over the next four years.

Thursday, 14 April 2016

Two joint ventures and one shipyard are known to have expressed interest in the latest round of bidding for GAIL’s LNG shipping needs.

News Nudges

DSME to postpone LNGC deliveries

According to a South Korean stock exchange filing, Daewoo said it was close to postponing the deliveries of two LNGCs ordered by European interests. The vessels were originally due to be handed over by the end of this year.


Traders short listed for two import terminals

Bangladesh has short listed commodity traders Trafigura and Gunvor to arrange the installation of two FLNG import terminals in 2018. “Trafigura and Gunvor have been short listed out of 13 companies for two 200 mill cu ft per day LNG import terminals,” a director at state-run energy firm Petrobangla’s LNG division told Reuters. Petrobangla will hold talks with the companies and deals will then be finalised, he added. It was believed Bangladesh needs the terminals to be in place in 2018, the newswire said. Gunvor will use an FSRU barge provided by EXMAR, which will fit the shallow water conditions at Chittagong in southeastern Bangladesh where both terminals will be located, sources told Reuters.


GAIL takes LNGC for three years

Indian state-owned energy company GAIL is believed to be close to chartering a TOTAL operated, Teekay owned, LNGC. The charter was thought to be for three years and the vessel will be used to ship LNG from the US beginning January, 2018.