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In this issue

 

Thursday, 12 November 2015
CSSC Wärtsilä Engine (Shanghai) (CWEC) held a ground breaking ceremony for its new engine factory on 28th October.
Danish security concern Risk Intelligence has launched PortRisk, a service providing intelligence on risk in ports available on demand.
In what could be a boost for Asian LNGC trading, Singapore-based Pavilion Energy has signed a 10-year sales & purchase agreement to buy LNG from a Gazprom subsidiary.
Thursday, 12 November 2015
Golar LNG has won a firm contract to provide West African Gas (WAGL) with an FSRU to support Ghana’s LNG import operations.
Friday, 27 November 2015
Free ReadApril 23 (LNGJ) - Toho Gas, the Japanese city-gas company, has signed a second agreement to purchase LNG cargoes from the Cameron LNG export plant being built in Louisiana by…
Meridian LNG, controlled by Canadian equity fund West Face Capital Inc., and E.ON Global Commodities (EGC), the trading unit of the Germany-based utility, have entered into a 20-year sales agreement…
The first liquefied natural gas-fuelled ferry to be deployed in North American waters has arrived in the Canadian province of Quebec where it will operate on the Saint Lawrence River.
Friday, 27 November 2015
Free ReadApril 24 (LNGJ) - Energy and LNG engineer company Chicago Bridge and Iron posted net income for the first quarter of $132.2 million, an increase of 40 percent compared with…
Nordic liquefied natural gas operator Skangass said it was making progress in the construction of the storage tank for Finland's first LNG import terminal at the southern port of Pori.
GDF-Suez, the European utility and LNG player, has rebranded itself and will now be known as ENGIE to reflect the "profound change" in the energy world.

News Nudges

Sakhalin shuts production platform

Russian LNG producer Sakhalin Energy has halted the Piltun-Astokhskaya-B (PA-B) offshore oil and gas production platform for a month’s planned annual maintenance. The PA-B platform is the first to close this year for planned maintenance among Sakhalin-2’s energy production assets, the company said. Sakhalin Energy produced and shipped record LNG volumes in 2020 of more than 11.6 mill tonnes. The company supplies LNG to the Asia/Pacific region, with major customers in Japan, South Korea, Taiwan, and China.


Svitzer to provide towage services at Batangas

Philippines energy developer First Gen Corp (FGEN) has signed a 10-year timecharter agreement with Maersk affiliate tug operator Svitzer. The contract calls for towage and vessel support service for FGEN’s interim offshore LNG terminal at Batangas City. According to the company, Svitzer will provide four newbuilding Lloyd’s Register classed 75-tonne bollard pull tugs to assist the BW LNG FSRU in berthing and unberthing operations, navigation assistance, and other services.


Adams to take over Atlantic LNG

LNG producer Atlantic LNG has appointed a new CEO, Ronald Adams, effective 1st August. The current CEO, Dr Philip Mshelbila, will return to his parent company, Shell, after a three-year stint at Atlantic. Over the next two months, Dr Mshelbila will oversee the transition to Adams. Adams is a senior energy sector executive with nearly 30 years of experience across the upstream, midstream and downstream sectors of the energy industry. He has been with Shell Trinidad and Tobago Ltd since 2019, where most recently he was the General Manager Upstream Assets. .


Newbuildings and deliveries

Daewoo Shipbuilding & Marine Engineering (DSME) confirmed last week that it had signed a Won216.9 bill LNGC newbuilding contract. DSME will deliver the 174,000 cu m vessel to HMM spin-off Hyundai LNG Shipping by the fourth quarter of 2023, the shipbuilder said in a filing. She will be operated by Repsol, broking sources said. In addition, Samsung Heavy Industries also said in a regulatory filing last week that it had signed a Won417 bill contract to build two LNGCs. Under the terms of the contract, believed to be with Maran Gas for two declared options, SHI will deliver the vessels by July, 2024. In addition, Dynagas is believed to have increased its LNGC order at Hyundai to four by firming up two options held with the yard at around $193 mill per vessel. As for deliveries, on 31st May, the LNGC ‘Diamond Gas Crystal’ was delivered by Hyundai Samho. She will ship LNG from the LNG Canada project in British Columbia, as well as from other locations worldwide, under an 18-year timecharter with Diamond Gas International, a wholly owned subsidiary of Mitsubishi Corp (MC), who also has a stake in the LNG Canada project. ‘Diamond Gas Crystal’ is owned by NYK, Asia LNG Transport Dua (ALT Dua), and MC through the joint venture Diamond LNG Shipping 5 Pte Ltd. NYK will be responsible for shipmanagement. The 174,000 cu m LNGC is fitted with a WinGD X-DF diesel engine that can operate on marine gas oil or boil-off gas stored in the cargo tank. The vessel will also feature a re-liquefaction system that can use re-liquefied excess boil-off gas and return it to the cargo tank. At the end of last month, Flex LNG took delivery of its 13th and last newbuilding. The 174,000 cu m ’Flex Vigilant’ was delivered from Hyundai Samho Heavy Industries. The vessel is under a three-year timecharter with Cheniere. She is believed to be the fourth Flex LNG vessel to be chartered to the US-based exporter and operator.