In this issue

 

Thursday, 16 April 2020
The Greater Tortue Ahmeyim LNG project offshore Mauritania and Senegal’s Phase 1 project timeline has been delayed by around 12 months.
Thursday, 16 April 2020
Free ReadSuppliers rejecting force majeure notices from Indian buyers and tank-top concerns in the Dahej and Hazira terminals, have caused the number of loaded LNGCs off India’s west coast to increase.…
ExxonMobil is to delay the go-ahead for its $30 bill Rovuma LNG project in Mozambique.
Thursday, 16 April 2020
Golar LNG Ltd subsidiary, Gimi MS Corp, has received written force majeure notification claim from BP Mauritania Investments, relating to the Greater Tortue Ahmeyim project.
Free ReadBeijing Gas Group, a subsidiary of Beijing Enterprise Holdings, has been given the go ahead by China’s National Development and Reform Commission (NDRC) to build an LNG terminal in Tianjin…
Teekay LNG Partners has won new fixed-rate charter contracts for two of its 52%-owned LNGCs.
Qatar Petroleum (QP) will not downsize its huge gas expansion project but will postpone the start of production to 2025, its CEO has told newswires.
Thursday, 16 April 2020
In what traders have described as an unusual move, Shell has offered LNG cargoes for loading from 2021 onwards for at least five years through a tender.
Thursday, 16 April 2020
Free ReadGasLog Ltd has taken delivery of the ‘GasLog Windsor’, an 180,000 cu m LNGC fitted with X-DF propulsion and a Mark III Flex containment system. Despite the industrial disruption in…
Golar LNG Partners is to reduce its quarterly common unit distribution and will ask for a maturity date extension for its two Senior Unsecured Bond Issues maturing in May, 2020…
Thursday, 16 April 2020
Höegh LNG Holdings is planning cost savings measures in the light of the coronavirus pandemic.
Free ReadUnderwater hull cleaner, HullWiper’s has completed its first underwater hull clean at Ras Laffan. The first clean using its patented remotely operated vehicle (ROV) at Ras Laffan saw 6,112.8 cu…
Qatargas is to use LNG boil-off gas (BOG) to power chartered conventional LNGCs during unloading operations at Japanese LNG terminals.
Thursday, 16 April 2020
Lloyd’s Register (LR) has signed a 55-month contract to support LNG Canada in the construction and delivery of a new LNG liquefaction plant and export terminal to be located at…

News Nudges

Adriatic receives first Q-Flex

Qatargas has delivered the first Q-Flex LNG cargo to the Adriatic LNG receiving terminal in Italy. The Qatargas-chartered LNGC, ‘Tembek,‘ loaded at Ras Laffan on 9th June and arrived at the Adriatic LNG terminal on 21st June. This terminal is located around 14 km offshore of Porto Levante in the northern Adriatic near Rovigo. It was the world's first offshore gravity-based LNG regasification terminal. Operated by ExxonMobil (70%); Qatar Terminal Ltd (23%), a subsidiary of Qatar Petroleum; and Snam (7%), the terminal is connected to the Italian national distribution network through integrated pipelines. It has a regasification capacity of 8 bill cu m of LNG per year and it currently supplies over 10% of the country's natural gas requirements, Qatargas said.


Orders and deliveries

Hudong-Zhonghua Shipbuilding Co, part of China State Shipbuilding Corp (CSSC), is to build three LNGCs worth Yuan3.9 bill ($551.62 mill). The 174,000 cu m LNGCs will be operated by COSCO Shipping Energy Transportation (CSET), a subsidiary of COSCO Shipping. They will be deployed under a 20-year charter to PetroChina. The three vessels are expected to be delivered between the end of 2022 and early 2023, a spokesperson at Hudong-Zhonghua told Reuters. They will be fitted with X-DF propulsion units and membrane type containment systems. Liu Hanbo, CSET Chairman, told Reuters that the construction of the new LNGCs is in response to the government’s call to expand domestic demand and to safeguard China’s energy security. Elsewhere, Norwegian shipowner Knutsen OAS has taken delivery of a newbuild LNGC from Hyundai Heavy Industries (HHI). The 180,000 cu m ’Traiano Knutsen’ has begun her long term charter with Enel upon her delivery. Knutsen has another four 174,000 cu m LNGCs on order with HHI, all of which are scheduled for delivery next year, as well as an 30,000 cu m LNGC at Hyundai Mipo also for delivery in 2021.


Sonatrach extends Total deal

Algerian state energy company Sonatrach has signed a deal with Total to continue the supply of 2 mill tonnes a year of LNG to France for another three years. Relations between Sonatrach and Total had deteriorated after Algeria blocked the sale of Anadarko assets to the French company, energy sources had told Reuters.


Korea Lines spins off LNGC segment

Korea Lines has reportedly completed its planned spin-off of its LNG shipping business into a separate entity. A new company — Korea LNG Shipping — now owns 11 LNGCs, all of which are under term charters with South Korean state-controlled importer Kogas. Four of these vessels are owned in a consortium. Korea LNG Shipping is also due to take delivery of another two LNGCs from Hyundai Samho Heavy Industries (HSHI) in 2022.


Tianjin tops LNG imports in China

North China's Tianjin came top in the list of the country’s LNG import ports for the first five months of this year. Tianjin accounted for about 19.5% of the country's total LNG imports, according to the Tianjin Customs, reported Xinhua. From January to May, LNG imports through the port increased 24.8% year-on-year to hit 4.97 mill tonnes as LNG prices kept falling. Tianjin LNG imports during the period mainly came from Australia, Russia and Southeast Asia, which added up to 75.4% of the port's total LNG imports.