In this issue

 

Thursday, 20 February 2020
Free ReadQatar Gas Transport Co Ltd (Nakilat) Group reported a consolidated net profit of QR1,003 mill for 2019, an increase of 12.4%, compared to QAR892 mill for the same period in…
Thursday, 20 February 2020
GasLog Ltd and its subsidiaries reported revenues of $182.3 mill and $668.6 mill, respectively for the fourth quarter of 2019 and for the full year.
Thursday, 20 February 2020
LNGC owner and operator MSC Berhad has reported that group revenue and profit before tax for the quarter ended 31st December, 2019 were lower than the corresponding quarter in 2018.
Thursday, 20 February 2020
From 1998 to date, Pronav managed LNGCs have successfully performed about 4,300 LNG cargo operations, either with shore-based terminals or floating units without any major incidents and accidents, the company…
Thursday, 20 February 2020
Free ReadAs well as celebrating its 10th anniversary, last year Adriatic LNG regasification terminal, located off the Italian Veneto coast, posted new activity records. For the first time, Adriatic registered an…
Thursday, 20 February 2020
Atlantic Gulf & Pacific (AG&P) has signed an agreement with ADNOC Logistics and Services (ADNOC L&S) for the conversion, supply, operations and maintenance of an FSU.
Russia’s federal autonomous institution Glavgosexpertiza has approved the design documentation and engineering survey results to build an LNG transhipment terminal in Kamchatka.
Thursday, 20 February 2020
SMART LNG LLC, a joint venture between Sovcomflot (SCF) and Novatek, has concluded an agreement with VEB.RF to finance the construction of four Arc 7s on a lease basis.
Free ReadUncertainty over China’s LNG future demand has grown following its decision to offer force majeure certificates to domestic companies. The certificates will be made available if companies are unable to…
Chinese state-owned gas distributor Beijing Gas Group has obtained the government's approval to build a 5 mill tonnes per year LNG receiving terminal at Nangang district, Tianjin city.
Thursday, 06 February 2020
On 24th January, the US Federal Energy Regulatory Commission (FERC) issued the Supplemental Final Environmental Impact Statement (FEIS) for the production capacity amendment to LNG Ltd’s (LNGL) Magnolia LNG project.
Free ReadFollowing the news that Eni has signed an LNG supply agreement with Nigeria LNG (NLNG) (see page 4), Cao Chai, GlobalData’s Upstream analyst, examined African LNG projects currently under development.…
Thursday, 06 February 2020
Excelerate Energy and Engro Elengy Terminal Ltd (EETL) have signed a Heads of Agreement (HOA) to expand Port Qasim’s EETL liquefied natural gas (LNG) import terminal.
Qatargas has supplied a commissioning cargo for India's newest LNG receiving terminal - Mundra - located on the west coast of India.

News Nudges

Great Lakes to dredge Sabine Pass expansion project

Great Lakes Dredge & Dock Corp has signed a sub-contract with Bechtel Oil, Gas and Chemicals to dredge the Sabine Pass expansion project. Bechtel is the engineering, procurement & construction (EPC) contractor for the Train 6 and third berth expansion projects at the Sabine Pass liquefaction project for subsidiaries of Cheniere Energy Partners. The LNG terminals’ expansion project consists of adding a third marine berth with supporting facilities. It will be built to accommodate LNGCs with capacities of between 125,000 and 180,000 cu m. Great Lakes had previously worked as a Bechtel sub-contractor on the Australian Wheatstone LNG project and was also employed by another subsidiary of Cheniere on the Corpus Christi LNG export terminal project.


Orders and deliveries

Smart LNG, the Sovcomflot-NOVATEK joint venture, was thought to have ordered another 10 Arc7s. If this contract is confirmed, it will bring the number of LNGCs ordered at Zvedza to 15. Shell Tankers (Singapore) has signed long-term charter contracts for another six newbuilding LNGCs. Similar to the earlier contracts, Shell was said to have signed separate deals with Knutsen LNG, Korea Line Corp and ICBC Financial Leasing and institutional investors advised by JP Morgan Asset Management, for two vessels each. They will be of 174,000 cu m capacity, will be built by Hyundai Heavy Industries and Hyundai Samho Heavy Industries and will be fitted with dual-fuel X-DF engines, boil-off management plants, Silverstream air lubrication systems and shaft generators for auxiliary power. They will join the eight ships similar ships ordered in December, 2019. Elsewhere, Samsung Heavy Industries (SHI) launched the first of three 174,000 cu m LNGCs, ‘Minerva Kalymnos’, on 18th July. Building for Greek-controlled Minerva Gas, the LNGC is fitted with GTT’s Mark III Flex + containment system and 2-stroke X-DF propulsion units. In addition, Flex LNG has taken delivery of its first newbuilding this year - the 174,000 cu m ‘Flex Aurora’, which was handed over by Hyundai Samho Heavy Industries last week. She is fitted with twin WinGD low-pressure X-DF engines and a GTT Mark III Flex containment system. South Korea's shipbuilding conglomerate, Korea Shipbuilding & Offshore Engineering, said that its two affiliates had won contracts to build four LNGCs for delivery in 2023. Hyundai Heavy Industries will construct two LNGCs for a Bermuda-based owner, while Hyundai Samho Heavy Industries will build two for a European company, Korea Shipbuilding said in a regulatory filing.


Nakilat takes another Q-Max in-house

Nakilat took over the full shipmanagement and operations of Q-Max LNGC ‘Al Samriya’ from Shell Trading and Shipping Company Limited (Shell) on 27th July, 2020. With a cargo carrying capacity of 263,300 cu m, ‘Al Samriya’ is wholly-owned by Nakilat and chartered by Qatargas. She was built by Daewoo Shipbuilding & Marine Engineering (DSME) and was delivered in February, 2009. She is the fourth vessel to come under the management of Nakilat Shipping Qatar Ltd (NSQL) this year, bringing the total number of vessels managed in-house to 23, comprising of 19 LNG and 4 LPG carriers.


Qatar to host LNG2025

It has been announced that Qatar is to host LNG2025, the 21st LNG International Conference and Exhibition. International Gas Union (IGU) President, Prof Joe Kang, Chairman of the LNG Events Series Steering Committee, made the announcement following the conclusion of the process to decide who would hold the event. Prof Kang, representing the three owners of the event - the IGU, the Gas Technology Institute (GTI), and the International Institute of Refrigeration (IIR) - said, “Qatar’s key role in the future of the global LNG industry and the innovations it has proposed for LNG2025 made it an ideal host for the world’s premiere LNG industry event.” This will be the second time that Qatar will host the global LNG event, following 2004, when Doha hosted LNG 14. The last event, LNG2019, was held in Shanghai and the forthcoming LNG2022 will be hosted in St Petersburg, Russia.


Medium-scale Yangtze LNGC design

LNT Marine, Wuhu Shipyard and Shanghai Merchant Ship Design and Research Institute (SDARI) are jointly developing a design for a 40 000 cu m LNGC. This medium sized LNGC will be based on the patented LNT A-BOX containment system. Referred to as the ‘WuhuMax’, it will be designed to trade on the Yangtze river where there are air and water draught restrictions. LNG shipments along the Yangtze River are expected to fuel a second wave of Chinese LNG import and distribution interest, as 10 planned new LNG terminals will be completed in this area in the next few years.


OLT Toscana reaches 100 not out

Italian offshore receiving terminal OLT Toscana has handled its 100th LNGC cargo. This was achieved on 31st July, 2020 when the TMS Cardiff Gas 2020-built LNGC ‘Bonito LNG’ arrived at the FSRU for a ship-to-ship transfer. The total amount of LNG discharged thus far is around 13.8 mill cu m since October, 2018. The Terminal has been working at 100% of capacity, OLT claimed. OLT’s remaining available capacity from October, 2020 up to the end of the Gas Year has been published on its website. The first available product capacity consists of 10 delivery slots and runs from October, 2020 to September, 2021, while the second, consisting of five delivery slots, runs from October, 2020 to August, 2021. ***Dunkerque LNG is also offering its 2021 available regasification capacity. The binding phase will start on 11th August, 2020 and close on 28th August, 2020, operator Fluxys said.


FERC looks at Noble Gas project

The US Federal Energy Regulatory Commission (FERC) is to prepare an environmental assessment (EA) on the environmental impacts of Freeport LNG’s Noble Gas project. The project involves the construction and operation of facilities by Freeport LNG Development, FLNG Liquefaction, FLNG Liquefaction 2 and FLNG Liquefaction 3 in Brazoria County, Texas. Comments must be received by 17th August, FERC said.


Arc7 delivers Japanese cargo via NSR

NOVATEK Gas & Power Asia, a wholly owned subsidiary of PAO NOVATEK, recently shipped its first LNG cargo from Yamal to Japan via the Northern Sea Route (NSR). The cargo was delivered by the Arc7 ‘Vladimir Rusanov’ under a spot contract. She discharged at the Ohgishima LNG Terminal in Japan in accordance with the contract’s delivery schedule. This was NOVATEK’s first Arc7 discharge in a Japanese port, which will allow the company to increase the volume of LNG supplies to the country, it said. “We focus a significant amount of attention to develop and enhance the logistical scheme for our LNG projects,” said Lev Feodosyev, NOVATEK’s First Deputy Chairman of the Management Board. “The future launch of a transhipment terminal in Kamchatka will significantly expand our opportunities to cost competitively deliver and supply LNG to the entire Asia/Pacific region.”