QatarEnergy completes integration of all marketing activities to manage future expanded LNG business portfolio
QatarEnergy has completed the integration of all marketing and market-related activities formerly managed by QatarEnergy LNG into the parent company QatarEnergy as the Gulf nation progresses with expanded production ventures.
Korean shipbuilders retain lead in LNG orders as Chinese yards start to catch with ships to meet term contracts
South Korean shipbuilders are still leading their Chinese counterparts in orders for liquefied natural gas carriers, though China’s yards are well ahead in overall orders for newbuilds even as the shipbuilding market was weaker than in 2022.
Russia’s Novatek boosts first-quarter sales including LNG to the European Union as output increases
Novatek, the Russian natural gas company and operator of the Yamal LNG export plant and developer of Arctic LNG II currently still under threat from Western sanctions imposed because of the Ukraine invasion, has reported operating data for the first quarter of 2023 as it continued to supply cargoes to the European Union.
Mozambique launched as LNG exporting nation as first cargo departs Coral-Sul FLNG production hull
Italian energy company Eni said the “Coral-Sul FLNG” production vessel offshore Mozambique shipped its first cargo from the Rovuma Basin to launch the southeast African nation as an LNG exporter.
Mozambique start
Oct 12 (LNGJ) - The 174,000 cubic metres capacity LNG carrier “British Listener” is scheduled to arrive this weekend in the Rovuma Basin of Mozambique, according to shipping data. The arrival coincides with expectations of the first commercial cargo lifting from the “Coral-Sul FLNG” floating production project. The destination of “British Listener” is listed as Porto Amelia in Cabo Delgado province near where the FLNG hull is deployed.
The “Coral-Sul FLNG” production vessel has been receiving gas from the Rovuma Basin resources for the start of annual output of 3.4 million tonne per annum. Italy’s Eni is upstream operator of the FLNG project along with Area 4 licence partners ExxonMobil Corp., China National Petroleum Corp., Galp Energia of Portugal, Korea Gas Corp. and Mozambique’s ENH, the state energy company.
Chinese LNG imports continue to decline while shipments and pipeline gas supplies from Russia increase
Chinese liquefied natural gas imports in July 2022 to its network of 22 regasification terminals declined significantly on a year-on-year basis amid an economic slowdown while shipments from Russia have edged higher since the Ukraine invasion.
Portugal's Galp Energia swings to profit and says Mozambique FLNG first cargo expected in fourth quarter
Portuguese oil and gas company Galp Energia swung to a second-quarter net profit of €726 million ($741M) from a previous quarterly loss as it reported progress in the development of the Mozambique floating LNG project in southeast Africa.
Louisiana LNG projects developer Venture Global signs up German firm as seventh European buyer of cargoes
Venture Global LNG, owner of the newest US export plant at Calcasieu Pass in Louisiana and with three other projects in development, has signed two long-term supply agreements with a German utility with cargo deliveries starting in 2026.
Italy’s Eni says ‘Coral-Sul FLNG’ production vessel off Mozambique is receiving Rovuma Basin feed gas
Italian energy company Eni said the “Coral-Sul FLNG” production vessel offshore Mozambique has started receiving hydrocarbons from the Rovuma Basin ahead of using liquefaction capacity for annual output of 3.4 million tonne per annum.
Saipem of Italy awarded additional $150M Mozambique LNG contract relating to the ‘Coral-Sul FLNG’ hull
Italian energy engineering company Saipem has been awarded an additional $150 million Mozambique LNG contract relating to the “Coral-Sul FLNG” vessel, a production hull set to be onstream later in 2022 in the offshore Rovuma Basin.
