In this issue

 

Free ReadGAC North America has opened an office at Lake Charles to provide ship agency, husbandry and owners’ protective agency services 24/7. It was opened in response to the growth in…
Thursday, 09 January 2020
Indian state-owned gas utility GAIL plans to import 90 LNG cargoes — or around 5.8 mill tonnes of LNG — from the US in the fiscal year ending 31st March,…
Thursday, 09 January 2020
Australia exported an estimated 77.5 mill tonnes of LNG in calendar 2019, beating Qatar’s figure.
Free ReadSempra LNG and Aramco Services Co have signed an Interim Project Participation Agreement (IPPA) for the Port Arthur LNG export project. The IPPA represents another milestone for both companies after…
Thursday, 09 January 2020
Nigeria LNG Limited (NLNG) took the Final Investment Decision (FID) for its Train 7 project on 27th December.
Thursday, 09 January 2020
Woodside Energy Trading Singapore Pte Ltd has entered into a long-term sale and purchase agreement (SPA) with Uniper Global Commodities to supply LNG for 13 years commencing in 2021.
Thursday, 09 January 2020
Free ReadEnergía del Pacífico (EDP) has completed project financing for an LNG-to-power facility currently under construction at Acajutla, El Salvador. The project comprises a 378 MW natural gas-fired power plant, an…
Just before the holiday break, DEPA’s Board approved the acquisition of a 20% stake in GASTRADE’s equity - the company developing an FSRU project in Alexandroupolis.
Awilco LNG has closed and completed the 10-year sale/leaseback facility with CCB Financial Leasing for the LNGCs ‘WilForce’ and ‘WilPride’.
Thursday, 09 January 2020
Nordic Investment Bank has signed a €134.1 mill loan agreement. with Lithuanian LNG and oil terminal operator AB Klaipedos Nafta (KN).
Thursday, 09 January 2020
Free ReadStena has acquired a 75% stake in 7 Seas LNG & Power AS. The company is now part of the Northern Marine Group (NMG) under a new operating name of…
Thursday, 09 January 2020
Towards the end of last year, GTT reported more success for its tank containment designs.
Thursday, 09 January 2020
The Bermudan flag LNGC ‘LNG Lokoja’ successfully avoided a pirate attack in the Gulf of Guinea by increasing speed.
Free ReadUK-based Silverstream Technologies has signed a framework agreement to retrofit a number of Shell operated LNGCs with air lubrication systems to reduce fuel consumption and lower greenhouse gas emissions.  The…

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.