In this issue

 

Free ReadSQLearn has collaborated with GasLog Ltd to provide e-learning services from its Dolphin Platforms for the entire fleet of 27 LNGCs. “Through our strategic co-operation with SQLearn, and its innovative…
Singapore-based Pavilion Energy is to purchase the entire LNG assets of Spanish energy company, Iberdrola.
Qatargas has delivered the largest single LNG cargo to date to the Marmara LNG Terminal in Turkey.
Thursday, 13 June 2019
Free ReadAfter another record year, global demand for natural gas is forecast to keep growing over the next five years. This growth pattern will be driven by strong consumption in the…
Thursday, 13 June 2019
GasLog Ltd, GasLog Partners and Golar LNG are to assume commercial control of their respective LNGCs currently operating in the spot market through The Cool Pool.
Thursday, 13 June 2019
The increasing supply of competitively priced LNG and a diverse set of demand factors for this fuel – including environmental motivation – support demand for FSRUs, since these provide the…
Thursday, 13 June 2019
Free ReadIndia's Petronet LNG has completed its expansion programme at its Dahej LNG import terminal. The expansion project is due to become fully operational by the end of this month, according…
Late last week, the US Department of Energy (DOE) approved additional exports of domestically produced natural gas from the Freeport LNG Terminal located on Quintana Island, Texas.
Cheniere Energy’ Board has approved a comprehensive capital allocation framework and has agreed FID for Train 6.
During last week’s official visit of the Chinese President Xi Jinping to Russia, PAO NOVATEK, Sinopec and Gazprombank signed a Heads of Agreement to establish a joint venture to market…
Free ReadTotal is to takeover Toshiba’s LNG portfolio in a bid to become a major US LNG player. This includes a 20-year tolling agreement for 2.2 mill tonnes per annum of…
Flex LNG Ltd has reported a net loss of $3.4 mill and loss per share of $0.06 for the first quarter 2019, compared to net income of $15.2 mill and…
Höegh LNG Holdings has reported total income of $84.3 mill for the first quarter of 2019, compared with $122.3 mill in the preceding quarter.
Thursday, 13 June 2019
Free ReadDynagas LNG Partners announced that the net Income for the three months ended 31st March, 2019 was $1.9 mill, compared to $4.8 mill in the corresponding period of 2018, a…

News Nudges

Gunvor takes ‘Marshal Vasilevskiy’

It has been reported that Gunvor had chartered the ‘Marshal Vasilevskiy’ from Gazprom to load a gas cargo in the US. According to Refinitiv Eikon data, the dual-purpose FSRU and LNGC left Rotterdam on 4th November and is due to arrive at the Sabine Pass LNG terminal on 26th November, loading three days later. The cargo’s destination is thus far unknown. Previously, between August and November, she was chartered to Austrian company OMV and prior to that, was moored near Kaliningrad as an FSRU to offset any potential disruption to gas pipeline flows via Belarus to the area.


New Chinese receiving terminal planned

Suntien Green Energy plans to build an LNG receiving terminal in northern China have been granted state approval. The company is a Chinese wind power producer and piped gas distributor backed by the Hebei provincial government. It plans to make an initial investment of $1.15 bill in a first-stage receiving terminal, capable of handling 5 mill tonnes per annum of LNG by the end of 2022. Eventually, the terminal’s capacity will be increased to 12 mill tonnes per year. The terminal will reportedly be comprised of eight storage tanks giving 200,000 cu m capacity, and a berth suitable for LNGCs with capacities from 80,000 to 266,000 cu m. Suntien claimed that it will finance the project with its own capital, supplemented with loans from financial institutions.


Perusahaan Gas Negara signs Sinopec LNG supply deal

Indonesia’s gas distribution company, PT Perusahaan Gas Negara (PGN), is to sell LNG to China’s Sinopec next year. Sinopec required shipments of at least six LNG cargoes in 2020, PGN Director Syahrial Mukhtar told Reuters. The first shipment is expected in early January. PGN expects to source the LNG from both domestic gas fields and overseas, including from parent company’s PT Pertamina’s gas fields, it said.


Poland to charter LNGCs next year

Poland’s state-owned oil & gas company PGNiG is believed to be close to signing agreements with two or more shipping lines for the staggered charters on about six LNGCs. These vessels will ship LNG contracted on a free-on-board (FOB) basis from Sempra Energy’s Port Arthur and Venture Global LNG’s Calcasieu and Plaquemines projects.


‘LNG Dubhe’ on her way to Europe

The first of four conventional LNGCs ordered for the Yamal LNG project was delivered earlier this month. Ordered by MOL and China COSCO Shipping Corp , the ‘LNG Dubhe’ was handed over by Hudong-Zhonghua Shipbuilding. She was due to arrive at Singapore on 13th November, according to VesselFinder. Initially, ‘LNG Dubhe’ will ship Yamal LNG from European transhipment terminals or at a ship-to-ship cargo transfer location.