In this issue

 

Wednesday, 25 November 2015
The Pakistan State Oil Co (PSO) has launched two tenders to buy 120 LNG cargoes over five years, following earlier purchases from Egypt and Jordan this year.
Moscow-based shipping concern, Sovcomflot (SCF), reported that its gas shipping division saw an increase of 67.5% in its timecharter equivalent (TCE) results during the first nine months of this year.
Daewoo (DSME) has completed the impact testing for the world’s first ice breaking LNGC.
British Columbia’s (BC) Nanaimo Port Authority is to develop a new navigation system programme.
On 10th November, Mitsui OSK Lines (MOL) held a naming ceremony for the newbuilding LNGC ‘LNG Jurojin’, which is co-owned by MOL and Kansai Electric Power (KEPCO), at the Nagasaki…
Wednesday, 25 November 2015
On 10th November, Alexey Miller, Gazprom Management Committee chairman and Nizar Al-Adsani, Chief Executive Officer and Deputy Chairman of Kuwait Petroleum Corp (KPC) signed a Memorandum of Understanding outlining the…
Wednesday, 25 November 2015
Some 71 Bonny Gas Transport (BGT) employees have completed an 18 month industrial training programme at Hyundai Heavy Industries (HHI).
In a blow to US gas imports, New York Governor Andrew Cuomo has vetoed the Port Ambrose Liquefied Natural Gas Deepwater Port project, citing security and economic concerns along with…
Rotterdam-based not for profit organisation Green Award Foundation now has 50 LNGCs certificated in addition to tankers, drybulk carriers and inland waterway barges.
Wednesday, 25 November 2015
Samsung Heavy Industries (SHI) held a keel laying ceremony for Petronas’ second floating liquefaction plant, ‘Petronas Floating LNG2’ (PFLNG2), in Geoje Island, South Korea on 28th October.
Transas has installed a fifth simulator for high-level Dunkirk pilot training.
In a boost to Australian gas loading volumes, BG Group announced this week that commercial operations began from a second train at its Queensland Curtis LNG (QCLNG) plant.
Cryogenic valve specialist, Parker Bestobell Marine, has launched a compact version of its float isolation valve (FLIV).
Iran has reportedly signed preliminary agreements with South Korean, German and Chinese shipbuilders to build LNGCs.

News Nudges

‘K’ Line and Knutsen orders

As well as the orders reported elsewhere, ‘K’ Line has signed a timecharter contract for two LNGCs with PETRONAS for 12 years, option 12 years. The charters will start from 2022 and as a result, ‘K’ Line has ordered two 79,960 cu m LNGCs at Hudong-Zhonghua Shipbuilding Co Ltd. These are the first long-term t/c contracts between PETRONAS and ‘K’ Line using newbuildings. Each vessel will be fitted with an X-DF engine. They will ship LNG from Malaysia (Bintulu) to Shenergy (Group) Co, Ltd, China. Elsewhere, to cover the recently announced Shell charter, Knutsen has ordered two 174,000 cu m LNGCs at Hyundai Samho. They will also be fitted with X-DF engines, boil off management plants, air lubrication systems and shaft generators.


Zeebrugge in record year

Fluxys has claimed that 2019 was a ‘very intense record year’ for operations at its Zeebrugge LNG terminal. The Belgian terminal operator said that last year: 2,620 LNG trucks were loaded (compared to 1,453 in 2018); 91 cargoes were unloaded (from 33 in 2018); and 40 cargoes were reloaded (from 25), of which 20 were ‘small scale reloads’. For 2020, we expect even more transhipment operations as the fifth LNG storage tank of 180,000 cu m capacity was fully operational since December, 2019, the company explained.


More cargo orders reported

There were several LNG cargo orders circulating, according to the newswires, many coming from Indian importers. For example, India’s Reliance Industries is seeking five cargoes for delivery between April and June. Gujarat State Petroleum Corp (GSPC) is asking for nine cargoes for delivery between February and April. Indian oil Corp is looking for a cargo for delivery in April to be supplied to the Dahej terminal on 6th April. Gail (India) has bought an LNG cargo for delivery this month, according to industry sources. It bought the cargo for delivery into Dabhol, India, on a delivered ex-ship (DES) basis for 23rd to 28th February at $2.4 to $2.5 per mmBtu, the sources said. In a separate deal, Gail sold a cargo from the US Cove Point export facility on a DES basis into Europe for a February/March delivery, and probably did not award another cargo it had offered for loading in April from Cove Point, a source told Reuters. Inpex Corp. has a sold an LNG spot cargo from its Ichthys LNG project in Australia to Engie, according to a Reuters report. It is due to be loaded between 7th and 19th March on a free-on-board (FOB) basis. The cost was reported to be around $2 per mmBtu. PTT – the state-owned Thai energy company – is currently looking for one or two LNG cargoes for delivery February/March. Finally, the Sakhalin 2 LNG plant has sold an LNG cargo to Mitsui for loading on 16th March.


Tianjin top Chinese LNG importer

North China's Tianjin port was ranked the first in LNG imports last year, accounting for 10.77% of country's total port imports of LNG, according to the Tianjin Customs, reported Xinhua. LNG imports through Tianjin surged by 56% to 10.2 mill tonnes in 2019. The imports came from 10 countries, including Australia, Russia and Nigeria.


GTT receives more orders from Hyundai

GTT has received orders from Hyundai, one from Hyundai Samho Heavy Industries (HSHI) and the other one from Hyundai Heavy Industries (HHI) for the tank design of two LNGCs. Each vessel will have a capacity of 174,000 cu m. GTT will design the vessels’ tanks, which will be fitted with the Mark III Flex membrane containment system. The first LNGC will be built in HSHI shipyard on behalf of an unidentified Asian shipowner. This vessel delivery is scheduled for the second quarter of 2022. The second LNGC will be built at HHI for SK Shipping Co. and will be delivered during the third quarter of 2022.