In this issue

 

Thursday, 19 September 2019
PNG’s Government has given the Papua LNG project operator, Total, the go ahead to proceed with the implementation of the $20 bill Papua LNG Project.
Free ReadIndian natural gas company, H-Energy Global is to develop an LNG regasification and reloading terminal at Kakinada on India’s East Coast.  H-Energy will complete the project under a Port Service…
Thursday, 19 September 2019
Cheniere Energy subsidiaries, Corpus Christi Liquefaction and Cheniere Corpus Christi Liquefaction Stage III, have signed a long-term gas supply agreements (GSA) with EOG Resources.
Thursday, 19 September 2019
Anglo-Eastern Univan Group and EXMAR Ship Management have formed a joint venture dedicated to LNGC newbuilding supervision and vessel management for third-party owners.
Free ReadOLT Offshore LNG Toscana’s Terminal is to work at full capacity, as 41 slots out of 41 available for the Gas Year 2019/2020 have been allocated.  This amounts to about…
Thursday, 19 September 2019
Freeport LNG Development and Westbourne Capital have signed definitive agreements to provide a mezzanine loan for Freeport’s Train 4 project.
Thursday, 19 September 2019
Joint venture companies owned by Sovcomflot (SCF) and NYK Line have signed a $176 mill non-recourse credit facility under the recently introduced environmental initiative, Poseidon Principles.
Thursday, 19 September 2019
Last week, Nigeria LNG signed a letter of intent (LoI) with Saipem’s joint venture with Daewoo E&C Co Ltd and Chiyoda Corp (SDC JV), to become the preferred bidder for…
Thursday, 19 September 2019
Free ReadAtlas Copco Gas and Process Division has adapted its turbocompressor technology to handle cryogenic high-pressure boil-off gas (BOG) processing.  This six-stage compressor offers over 98% reliability and availability combined with…
Thursday, 19 September 2019
In an agreement signed at Gastech this week, ABS and Samsung Heavy Industries (SHI) are to collaborate on a next generation LNGC in a joint development project (JDP).
Thursday, 19 September 2019
During the past couple of weeks, GTT has received several orders to design the tanks for LNGCs.
Free ReadKnutsen OAS Shipping has chosen AkzoNobel’s patented Intershield 300 and Intersleek foul release technologies for the company’s latest LNGCs being built at HHI.  The first LNGC ‘Adriano Knutsen’ has already…
Shareholders in the Sakhalin-1 oil and gas project are to build their own LNG plant at De Kastri, which could supply LNG to Japan.
Thursday, 19 September 2019
Singapore-based Sembcorp Marine Repairs & Upgrades has won three new gas ship projects.

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.