LNG

Qatargas, the leading global liquefaction and LNG export company, has achieved a landmark 2,000th cargo delivery to India to help the Asian nation’s transformation to the use of cleaner fuel and to reduce pollution in cities such as Mumbai.

Indian liquefied natural gas imports rebounded on a year-on-year basis to jump 4.7 percent in December as more cargoes arrived from Qatar, West Africa and Australia after previous monthly declines.

Indian LNG imports dropped 5.8 percent in October after six straight month of increases as shipments were received from nations such as Qatar, Angola and Nigeria, while the costs of the cargoes continued to rise for the Asian nation and amounted to about $900 million last month.

July 11 (LNGJ) - The 217,000 cubic metres capacity Q-Flex vessel “Al Huwaila” will unload a shipment on July 17 at the Himeji terminal in Japan, operated by Kansai Electric, from the Ras Laffan plant in Qatar. The 160,400 cubic metres capacity vessel “Cubal” will deliver a cargo on July 19 to the Chinese Tangshan terminal, operated by PetroChina in the northeast Hebei province, from the Angola plant at the port of Soyo in southwest Africa. The 165,500 cubic metres capacity vessel “Woodside Donaldson” will deliver a shipment on July 19 to the Japanese Hachinohe terminal, owned by JX Nippon Oil, from the Dampier export terminal in Western Australia operated by Woodside Petroleum. The 155,000 cubic metres capacity carrier “British Sapphire” will deliver a cargo on July 28 to the Indian Dahej terminal from the Atlantic LNG plant at Point Fortin in Trinidad. The 173,400 cubic metres capacity carrier “Ribera Del Duero Knutsen” is scheduled to unload a shipment on August 8 at the Dalian terminal in the northeast Chinese province of Liaoning from the Sabine Pass plant in Louisiana.

May 30 (LNGJ) - The 150,000 cubic metres capacity carrier “Seri Cenderawasih” will unload a shipment on June 1 at the South Korean Incheon terminal from Malaysia’s “PFLNG Satu” floating liquefaction plant offshore Sarawak. The 145,700 cubic metres capacity vessel “Tangguh Jaya” will deliver an Indonesian cargo on June 5 to the South Korean Pyeongtaek terminal, operated by Korea Gas Corp. The 172,000 cubic metres capacity carrier “Beidou Star” will unload a shipment on June 9 at the Indian Dahej terminal from the Chevron-operated Gorgon plant in Western Australia. The 135,000 cubic metres capacity ship “Hyundai Oceanpia” will deliver a cargo on June 10 to the South Korean Tong-Yeong terminal from the Oman export plant in the Arabian Peninsula. The 170,050 cubic metres capacity vessel “Hoegh Giant” will deliver a cargo on June 22 to the Chinese Ningbo terminal in eastern Zheijang province, operated by China National Offshore Oil Corp., from the Sabine Pass facility in Louisiana owned by Cheniere Energy.

Petronet LNG of India, the operator of the Dahej and Kochi import terminals, reported a more than 28 percent rise in third-quarter profits as financing costs declined and as India awaits the construction of more natural gas pipelines nationwide as well as regasification capability on the East Coast.

Oct 27 (LNGJ) – The 174,000 cubic metres capacity “Maran Gas Agamemnon” is scheduled to deliver a cargo around November 3 to the Indian Dahej terminal, owned by Petronet, from the onshore Equatorial Guinea plant at Bioko Island in West Africa, operated by Marathon Oil of the US, according to shipping data. The 141,000 cubic metres capacity vessel “LNG Adamawa” will deliver a shipment on November 7 to the Dahej facility, north of Mumbai, from the Nigeria LNG plant on Bonny Island. The 141,000 cubic metres capacity vessel “LNG Adamawa” will deliver another Nigerian shipment on November 11 to Dahej. A further Nigerian cargo is scheduled for delivery to the Petronet terminal on November 12 on board the 137,230 cubic metres capacity carrier “LNG Rivers”.

Imports of liquefied natural gas by India rose last month by 4.8 percent during a surge in late September of cargoes from Nigeria and Algeria as the cost of the shipments also increased while the nation managed to continue boosting domestic gas production.

Indian LNG imports declined for a second month with government figures showing shipments in the current fiscal year had cost US$400 million more than in 2016 as volumes were received from nations such as Australia, Nigeria and Qatar.

Petronet LNG of India, operator of the Dahej import terminal near Mumbai, almost doubled net profits for the fourth quarter of fiscal 2017 in line with the surge in imported cargoes and a rise in regasification capacity.