LEAD STORY
Sakhalin II LNG takes stand against project ‘exaggerations and distortions’
Written byRoyal Dutch Shell and its partners in the Sakhalin II LNG project launched a counter-attack against the sustained threats of a shutdown and legal action.
Sakhalin II has been under fire from the Russian authorities throughout 2006 over alleged shortcomings in the validity of its permits and the scope of its environmental protection measures.
Singapore could become centre for LNG cargo swaps and shipping incentives
Written bySingapore is planning to build an LNG import terminal that could offer shipping incentives and cargo swap facilities, but would fall short of being an Asian LNG Hub.
Singapore’s geographical location has allowed the island state to become a major refining centre for petroleum products and a fast-growing logistics hub serving Asia and further afield.
Also in this issue
Australia’s Tassie Shoal offshore LNG project makes quiet progress
Written byChris Hart, Managing Director of Methanol Australia, explains how the company has advanced its venture in the Timor Sea
Many companies have considered offshore production of LNG which allows the project to locate closer to a stranded natural gas, but few have gone ahead.
However, Methanol Australia is making quiet progress with just such a project, its Tassie Shoal venture located in Australian waters of the Timor Sea.
LNG liquefaction ventures offshore require contract initiatives to progress
Written byThere are large amounts of discovered natural gas in remote offshore fields, both associated with oil in their reservoirs and in non-associated conditions.
There are several countries with substantial volumes of undeveloped natural gas reservoirs extending into remote and/or deepwater locations, including: Angola, Australia, Brazil East Timor, Equatorial Guinea, Indonesia, Malaysia, Nigeria, Papua New Guinea, Russia, Trinidad & Tobago, and Venezuela.
Three-shell vaporizer proves to be cost effective air heater vaporization system
Written byHowever, the selection of a feasible LNG vaporization scheme is mostly based on economics and site-specific environmental issues.
Among them is the propriatory three-shell vaporizer combined with the air heater system that has been developed by KBR.
DNV presents LNG membrane tanks sloshing analysis and challenges
Written byIn particular the increasing size of the carriers, offshore loading and offloading operation, and trading in more severe environments, pose challenges with respect to the assessment of the safety for the membrane tank systems.
More serious financial consequences from the supply-demand imbalance in the LNG shipping industry is only being avoided because the current practice of storing cargoes on carriers has removed most of the industry’s over-capacity in the short term.
