In this issue

 

Thursday, 25 October 2018

The first LNG cargo left INPEX Corp’s Ichthys LNG project earlier this week for Japan.

Flex LNG has used a private share placement to partially finance the purchase of five LNGC newbuldings.

Thursday, 25 October 2018

Polish Oil & Gas Co (PGNiG) is to purchase LNG on a long term basis from Venture Global’s Calcasieu Pass LNG and Plaquemines LNG export facilities.

Thursday, 25 October 2018

Tokyo Gas has signed a heads of agreement (HOA) to receive natural gas from the LNG Canada project (see LNG Shipping News, 11th October, page 7). 

Thursday, 25 October 2018

A joint venture between Novatek and Fluxys, has signed a land lease agreement with the Rostock Port Authority to build a mid-scale LNG transhipment terminal.

Thursday, 25 October 2018

The US Federal Energy Regulatory Commission (FERC) has issued a draft environmental impact statement (EIS) for the Rio Grande LNG Project.

Mitsui OSK Lines (MOL) has taken delivery of the 155,000 cu m MOSS-type LNGC ‘Marvel Eagle’.

Thursday, 25 October 2018

Dynagas LNG Partners has priced its public offering of 2,200,000 of its 8.75% Series B fixed to floating rate cumulative redeemable perpetual preferred units at $25 per unit.

Thursday, 25 October 2018

Two new Arc7s have recently transited the Northern Sea Route (NSR) sailing in opposite directions.

REMBRANDT, BMT’s integrated navigation and manoeuvring simulator suite, has been awarded Class A, B and C certification from DNV GL. 

Thursday, 25 October 2018

On 12th October, Tohoku Electric entered into an LNG sales and purchase agreement (SPA) with Mozambique LNG 1 Company Pte Ltd. 

Leading LNGC main engine supplier WinGD has established a Engineering Centre in Shanghai.

ABS has awarded an Approval in Principle (AIP) to Hyundai Heavy Industries’ (HHI) deepwater FLNG hull design.

Thursday, 25 October 2018

As a result of Egypt halting LNG imports, Höegh LNG Holdings and Egypt Natural Gas Holdings Co (Egas) have agreed to amend the FSRU ‘Höegh Gallant’ timecharter contract.

News Nudges

Philippine terminal

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.”


Newbuilding news

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.