Last month, the US Department of Energy (DOE) announced a change of rules regarding US LNG exports.
Teekay GP, the general partner of Teekay LNG Partners, recently authorised a common unit repurchase programme to buy up to $100 mill of Teekay LNG’s common units.
Mozambique’s Area 4 joint venture participants have secured LNG offtake commitments for the project from affiliated buyer entities of the partners.
Woodside Energy has signed a mid-term LNG supply agreement with German-based utility RWE Supply and Trading.
Sempra Energy subsidiary, Port Arthur LNG and the Polish Oil & Gas Company (PGNiG) have signed a 20-year sale and purchase agreement (SPA) for LNG from the Port Arthur LNG liquefaction export facility under development in Jefferson County, Texas.
The final investment decision (FID) for Phase 1 of the West African cross-border Greater Tortue Ahmeyim development has been agreed.
Iino Kaiun Kaisha has acquired additional shares in two special purpose companies formed to own two LNGCs.
Law firm Wikborg Rein has appointed two new partners and a senior lawyer to its Shipping, Trade, Energy & Infrastructure team in London.
Cheniere Energy Partners’ subsidiary, Sabine Pass Liquefaction signed an LNG sale and purchase agreement (SPA) with PETRONAS LNG (PLL), a subsidiary of Malaysian state-owned oil and gas company, PETRONAS, in mid-December.
Russia’s atomic energy concern, ROSATOM has been appointed the country’s management authority for the NSR, which is being increasingly used by Ice Class LNGCs, plus other ships.
The US Energy Information Association (EIA) forecasts that US LN export capacity will reach 8.9 bill cu ft per day by the end of 2019.
On 11th December, 2018 the Arc7 ’Christophe de Margerie’, owned and operated by Sovcomflot (SCF), loaded the first LNG cargo produced at Yamal LNG train 3.
Mitsui OSK Lines (MOL) has signed contracts for construction of an FSRU, the unit’s services, and financing for the Jawa 1 gas-fired project.
Oslo-listed Awilco LNG has confirmed that it is talking with other gas carrier shipowners to establish a joint LNG shipping venture.
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.”
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.