In this issue

 

Alfa Laval has introduced the DuroShell plate-and-shell heat exchanger.
Three US Senators and a Representative have reintroduced an act in an attempt to remove perceived barriers placed on US natural gas exporters.  The License Natural Gas (LNG) Now Act,…
Eagle LNG Partners received the Final Environmental Impact Statement (FEIS) from the US Federal Energy Regulatory Commission (FERC) on 12th April.
Thursday, 18 April 2019
Keppel Gas Pte Ltd (Keppel Gas), a wholly-owned subsidiary of Keppel Infrastructure Holdings Pte Ltd (Keppel Infrastructure), has received its first LNG cargo import under Singapore's Spot Import Policy. 
Thursday, 18 April 2019
There were several more LNGC contracts reported recently.
Japanese utility concern, JERA has signed a Heads of Agreement (HOA) with Diamond Gas International Pte Ltd, a subsidiary of Mitsubishi Corp, for the sale and purchase of LNG from…
The Canadian Maritime Simulation and Resource Centre (MSRC) has played a key role in the Énergie Saguenay project, spearheaded by GNL Québec.
Thursday, 18 April 2019
The PNG LNG project co-venturers have entered into a mid-term LNG sale and purchase agreement (SPA) with Unipec Singapore, a wholly-owned subsidiary of Sinopec, for the supply of LNG commencing…
Golar LNG Limited has received a firm $700 mill underwritten financing commitment for the FLNG ‘Gimi’.
Thursday, 18 April 2019
GTT (Gaztransport & Technigaz) reported a drop in consolidated revenue of 8.2% for the first quarter of this year.  The consolidated revenue was €58.9 mill, compared with €64.2 mill in…
South Korean LNG project development company, EPIK has signed an agreement with Australian construction company Watpac to provide design, engineering and construction services for the Newcastle LNG FSRU import terminal…
Burckhardt Compression is to fit its patented Laby compressors on 30,000 cu m LNGC newbuilding to be operated by Knutsen OAS Shipping. 
ABS has granted Approval in Principle (AIP) to two new gas carrier designs from Hudong-Zhonghua Shipbuilding.
Wärtsilä and Samsung Heavy Industries (SHI) have signed a joint development project (JDP) agreement aimed at establishing a more efficient solution for LNGCs and shuttle tankers. This agreement was signed…

News Nudges

GTT wins another three orders

GTT has received an order from Hyundai Heavy Industries (HHI), to design the tanks for a new 174,000 cu m LNGC, contracted by Greek shipowner, Capital Gas Carriers. The company will design the tanks of the vessel, which will be fitted with the Mark III Flex membrane containment system. The ship’s delivery is planned during the third quarter of 2021. In addition, GTT received an order from Daewoo Shipbuilding & Marine Engineering (DSME) concerning the tank design of two new 174,000 cu m LNGCs on behalf of the Greek shipowner Maran Gas. The delivery of these ships is planned for the first half of 2021.


Poten announces LNG courses

This June, shipbroker and analyst, Poten & Partners is to hold two LNG training courses - LNG Trading in Singapore and LNG 101 in New York. LNG Trading – From Strategy to Practice will be held in in partnership with TwoTwoFive between 11th and 13th June and will cover - • Mechanics of LNG Trading. • LNG trading in Asia. • Simulations. • Managing LNG Complexities. • Pricing Risk Management. • Key Issues and Opportunities. LNG 101 - Energy for a Cleaner Future will be held on 27th June in partnership with the NYU School of Professional Studies Center for Global Affairs. The course will provide a robust overview of the LNG value chain from upstream development, liquefaction, shipping and regasification through to downstream market delivery. Poten said that this course is ideal for: • New financial analysts focusing on energy and commodity markets or energy infrastructure; • Legal counsels and lawyers new to the gas space and contract negotiations; • New entrants to the upstream, midstream and downstream gas markets; • New strategists, planners, and analysts at government institutions focused on energy and energy infrastructure policy.


New orders announced

Samsung Heavy Industries (SHI) has received a $190 mill order from an undisclosed interest for a 174,000 cu m LNGC, according to a recent regulatory filing. The South Korean shipbuilder is scheduled to deliver the LNGC by March, 2022 to an Oceania-based shipowner. The name of the company was not disclosed, due to confidentiality reasons, Samsung said. So far this year, SHI has won orders to build eight LNGCs and one FSRU, which totalled a combined $2.6 bill of orders. Elsewhere, Daewoo Shipbuilding & Marine Engineering (DSME) confirmed this week that it had received an order to build a LNGC for an Oceania region owner. The LNGC will be built at Okpo and will be delivered by the second half of 2021, the company said in a statement. On 14th May, Mitsubishi Shipbuilding held a christening ceremony for another Sayaringo STaGE type LNGC, ‘'Bushu Maru’, being built for a joint venture between JERA and NYK.


Flex LNG files US SEC registration

FLEX LNG has publicly filed a registration statement on Form 20-F with the US Securities and Exchange Commission (SEC). This relates to the proposed listing of its ordinary shares on the New York Stock Exchange (NYSE). No new securities will be issued in connection with the listing, which is expected to commence after the SEC completes its review process. Following the listing, the company’s ordinary shares will be listed for trading on both the NYSE and the Oslo Stock Exchange.