LEAD STORY
Hitting ice: Arctic LNG 2 in a sanctions-chilled climate
Written by AJ KotzeRussia's Arctic LNG 2 project faces challenges due to Western sanctions but has been compelled to begin operations anyway using a shadow fleet and convoluted cargo loadings. Despite initially supporting Russia’s LNG export growth, the project is facing an uphill battle, our Markets Editor Dr Alexander Wilk reports.
POSCO keen to offtake low-cost US LNG via Mexico
Written by AJ KotzeSouth Korea’s POSCO has become the anchor customer for the Saguaro Energía LNG project, located at Mexico’s Pacific Coast, allowing it to provide the lowest landed price of LNG into Asia. The 15 mtpa project liquifies shale gas from the Permian Basin – and with three trains now commercially contracted, developers are confident to reach FID before the end of this year; our Markets Editor Anja Karl has more.
Also in this issue
Global LNG supply down marginally, but rising demand
Written by AJ KotzeOur September data for the month-to-date showed a marginal LNG trade decrease globally. Meanwhile, demand was uplifted by increases in Asia, Europe and South America, our Market Editor Dr Alexander Wilk reports.
Specific power re-defined - A technology neutral definition for commercial alignment
Written by AJ KotzeBy Xun Jin, Staff Process Engineer, ConocoPhillips
Specific power has historically been used to report and compare LNG liquefaction process efficiencies. The generally accepted definition of specific power is the amount of power required to liquefy a unit quantity of LNG, as expressed by this generic formula:
New digital solution set to bridge the LNGC efficiency gap
Written by AJ KotzeThe LNG shipping sector is facing mounting pressure to improve efficiency and reduce emissions, while managing complex cargo condition requirements with evolving on board systems. Technical Editor Ian Cochran has more.
LNG designs lead new dual-fuel shipping innovation
Written by AJ KotzeWhile LNG has a long history in dual-fuel vessels it is now at the forefront of a new wave of innovation, as naval architects explore more experimental combinations of fuel and propulsion technologies. Fuelling Editor Malcolm Ramsay has more.
A round-up of latest events, company and industry news
Written by AJ KotzeARA PETROLEUM (18/09/24): Omani upstream energy company, ARA Petroleum has been formally awarded a license for the development of Tanzania’s Ntorya gas discovery – the largest onshore gas project in the country to date.
This award followed a decision by Tanzanian authorities to name ARA Petroleum’s wholly-owned local subsidiary, ARA Petroleum Tanzania (APT), as the winner of the Ntorya license in May this year.
