French maritime LNG storage designer GTT receives order for eight very large LNG carriers from Chinese shipyard
Gaztransport and Technigaz (GTT), the French maritime LNG storage technology company, has confirmed an order from China for the storage tank designs for eight very large liquefied natural gas carriers, which will be part of QatarEnergy’s “Hundred Ships Programme” to handle the deliveries from the North Field production expansion in the Arabian Gulf.
UK North Sea regulator offers 24 more licences to tap nation’s own natural gas to offset future LNG needs
The North Sea Transition Authority (NSTA), the UK regulator seeking more oil and gas exploration and production in British territorial waters that will affect future import needs for pipeline gas, LNG and oil has offered a total of 24 licences in the second tranche of the 33rd oil and gas licensing round.
US rating agency Moody’s says record storage helped by LNG imports positions EU well for this winter and next
Moody’s Investors Service, the US credit rating agency, said that record high natural gas storage of almost 98 percent as of end November helped by LNG deliveries positions the European Union well to meet the needs of this winter season with very limited risks of energy shortages.
Germany's IFO points to rising costs of power as burden on German industry and caused by emissions charges
Contrary to what is suggested in the political discussions, it is hardly the price of gas that increases the price of electricity, themain driver now in the European Union and particularly in Germany is the carbon-dioxide (CO2) price that gas-fired and coal-fired power plants have to pay for their emissions.
French port of Le Havre again becomes LNG import point to help maintain European energy security
The French port of Le Havre has again become a liquefied natural gas importation point for the first time since the 1980s as commissioning activities were starting for the floating storage and regasification unit (FSRU) “Cape Ann” after its safe arrival in the face of protests.
Former LNG terminal stakeholder Irving Oil launches strategic review and may put itself up for sale
Irving Oil, the owner of Canada’s largest oil refinery and a former stakeholder in the nation’s only large-scale LNG import terminal, has launched a strategic review that may lead to the full or partial sale of the whole company.
Philippines has joint LNG and gas field plan with Malampaya gas-to-power extension for stranded resources
The Government of the Philippines said it was still open to global energy company investors interested in exploration and production ventures in its offshore waters for domestic natural gas to supplement LNG imports amid the extension of the gas-to-power agreement linked to the Malampaya gas field.
South Africa declares state of energy disaster as it failed to deliver upgrades, gas power or renewables
South African President Cyril Ramaphosa has declared a national “state of disaster” over his country's power shortages and said the lack of energy security posed an existential threat to the economy and the social fabric of the country.
International Group of Liquefied Natural Gas Importers progresses on GHG-neutral LNG methodology
The France-based International Group of Liquefied Natural Gas Importers (GIIGNL) said the LNG industry was making progress in adopting a comprehensive framework developed by GIIGNL on certifying the offsetting of carbon content in LNG with a trial cargo sent from Australia to Taiwan.
UK concludes offshore bidding round with 115 bids from 76 companies to help offset LNG and pipeline imports
The UK’s North Sea Transition Authority (NSTA) has concluded its offshore bidding round for oil and gas exploration and production licences as the nation reaches a crisis point in securing future energy needs amid rising deliveries of imported LNG as well as pipeline gas volumes from Norway.
