In this issue

 

‘Bahrain Spirit‘, Teekay LNG’s first FSU, has been delivered to charterer Bahrain LNG.

Thursday, 11 October 2018

Qatar Petroleum (QP) is to build a fourth mega-LNG train, boosting the country’s future LNG production capacity to 110 mill tonnes per year. 

Thursday, 11 October 2018

South Korean private equity firm Hahn & Co was reported to have acquired a 90% stake in SK Shipping for about $1.35 bill. 

Thursday, 11 October 2018

Höegh LNG, Stolt-Nielsen (SNL) and Golar LNG are to jointly invest $182 mill in Avenir LNG. 

Thursday, 11 October 2018

A contract was signed between the parent company of Eesti Gaas (Estonia’s energy company) and Damen Shipyards Group to build the first of a series of short-sea LNG bunker vessels.

DNV GL has partnered with Flex LNG to facilitate safe implementation and operation of new shipboard technologies.

Cyprus’ natural gas public company (DEFA) has published tender documents for the design, construction, and operation of the proposed Vassilikos LNG import terminal. 

Woodside has appointed Bechtel as the preferred execution contractor for the proposed expansion of its Pluto LNG facility in Western Australia.

Thursday, 11 October 2018

Royal Boskalis Westminster (Boskalis) has won the dredging contract for the development of the first large-scale LNG export facility in Kitimat, Canada (LNG Canada) following the final investment decision (FID) by the shareholders announced last week.

Thursday, 11 October 2018

On 28th September, NYK signed a contract with Total Gas & Power Chartering Limited (TGPCL), a subsidiary of Total, to charter a newly built LNGC for seven years with an option for a further year.

Thursday, 11 October 2018

To encourage more LNGCs to transit the Suez Canal, the Suez Canal Authority (SCA) has issued an amendment to circular 7/2017. 

On 1st October, the Panama Canal handled four LNG ship transits in a single day through the Neopanamax locks.

Thursday, 11 October 2018

The US Federal Energy Regulatory Commission (FERC) has issued a draft environmental impact statement (EIS) for the Port Arthur Liquefaction project proposed by Port Arthur LNG and PALNG Common Facilities Co (PALNG).

OLT Offshore LNG Toscana has announced the availability of a peak shaving tender.

News Nudges

Philippine terminal

Tanglawan Philippine LNG has been granted a ‘Notice to Proceed’ by the Philippine Department of Energy to build an LNG terminal at Batangas. The company plans to break ground this year for the regasification and receiving terminal with a capacity of 2.2 mill tonnes per annum. Commercial operations are scheduled to start by 2023. This facility will help support the demand for gas in Luzon and contribute to the sustainable development of the Philippine economy, one of the partners, Phoenix Petroleum said. A possible joint venture arrangement for Tanglawan Philippine LNG is currently being discussed between CNOOC Gas and Power Group and Phoenix Petroleum.


Driftwood moves closer

On 18th January, the US Federal Energy Regulatory Commission (FERC) issued the final Environmental Impact Statement (EIS) for Tellurian’s Driftwood LNG project. The proposed Driftwood project will be a 27.6 mill tonne per annum LNG export facility with an associated 96-mile pipeline, near Lake Charles, Louisiana, on the US Gulf Coast. Tellurian President and CEO, Meg Gentle, said, “Tellurian thanks the FERC for a thorough review and for remaining on schedule. We look forward to receiving the agency’s order granting authorisation to site, construct and operate our Driftwood project. “Tellurian will then stand ready to make a final investment decision (FID) and begin construction in the first half of 2019, with the first LNG expected in 2023.”


Newbuilding news

Brokers have reported that MOL has ordered two 174,000 cu m LNGCs at DSME on the back of Uniper charters for 2021 deliveries. In addition, DSME was also thought to have won orders for another three 173,400 LNGCs from Alpha Gas, bringing the Greek owner’s total up to five newbuildings. The price was said to be $185 mill each and the vessels are also set for delivery in 2021. In addition, the three TMS Cardiff Gas orders reported recently were said to have cost $179 mill per ship.


’Prelude’ starts production

Shell’s ‘Prelude FLNG’ commenced production offshore Western Australia last month. ‘Prelude FLNG’ will separate and liquefy the gas produced from the well to produce LNG, LPG and condensate, which will then be loaded on gas carriers and tankers from the FLNG in sequence. The giant 488 m long FLNG was built at Samsung Heavy Industries’ Geoje shipyard and arrived in Australia in September, 2017. She received her first gas in June last year from the LNGC ‘Gallina’ to test the FLNG, including the offloading arms.


Elengy to sell Fos terminal capacity

French energy company, Elengy is preparing to sell Fos Tonkin LNG terminal’s access capacities during 2021-2030. Under the plan, Elengy will offer its potential customers several types of services, including the conventional unloading of Medmax-type LNGCs with a capacity of 75,000 cu m, the reloading of small-scale LNGGCs for bunkering purposes, as well as LNG truck loading. The sale will be launched next month. Detailed information concerning the services offered will be provided in the information memorandum at the opening of the sale, Elengy said. An expert in LNG for over 50 years, Elengy owns the Fos Tonkin LNG terminal and is a 72.5% shareholder in Fosmax LNG, owner of the Fos Cavaou LNG terminal.


GTT meets with more success

GTT has received orders from Samsung Heavy Industries (SHI) for the tank design for two LNGCs ordered by GasLog and two for NYK. The GasLog newbuildings will each have a capacity of 180,000 cu m and the tanks will be fitted with the Mark III Flex+ containment system. The vessels' delivery is expected for Q2 and Q3 of 2021, respectively, GTT said. Earlier, GTT had announced that SHI had contracted the tank design of two new 174,000 cu m LNGCs ordered by NYK. These tanks will be fitted with the Mark III Flex membrane containment system. The vessels' deliveries are scheduled between the third and the fourth quarters of 2021.