LNG

Sept 4 (LNG) – Three cargoes are heading for Northwest European LNG import terminals in the days ahead. The “Berge Arzew” with 138,100 of capacity is due to deliver a cargo from Algeria on September 6 to the UK Isle of Grain terminal on the Medway River in Kent, according to shipping data. The cargo was lifted on August 29 from the Algerian plant at Arzew.

   The carrier “BW Lilac” with 174,300 cubic metres capacity is scheduled to discharge a US cargo on September 6 at the Dutch Gate terminal in Rotterdam. The cargo was lifted on August 24 from the Calcasieu Pass plant in Louisiana. Belgium will receive a shipment from Qatar on September 7 at the Zeebrugge terminal onboard the “Al Marrouna” with 149,540 cubic metres capacity. The cargo was loaded on August 20 at the Ras Laffan plant in the Arabian Gulf.

March 10 (LNGJ) - The UK port of Milford Haven is scheduled to receive two cargoes this week at the South Hook and Dragon LNG import terminals. The “Al-Samriya” with 258,100 cubic metres of capacity is scheduled to berth on April 13 at Milford Haven’s South Hook terminal after arriving from Ras Laffan in Qatar.

   The carrier “Myrina” with 173,000 cubic metres capacity is due to berth on April 14 at the Dragon terminal at the Welsh port with a shipment from the Pampa Melchorita export plant on the Pacific Coast of Peru. The cargo was lifted from the Peruvian plant on March 21.

Chinese liquefied natural gas imports dropped by almost 12 percent in January and February compared with the same period of 2022.

Teekay LNG Partners reported a jump in net income in the third quarter as the shipping company prepared for a December vote on a deal worth $6.2 billion to become the latest LNG fleet to be taken over by, or merged with, US equity fund interests.

Nov 1 (LNG) - The 205,980 cubic metres capacity Q-Flex LNG carrier “Al Bahiya” is scheduled to deliver the UK’s second November shipment on November 5 at the UK South Hook import terminal at Milford Haven in Wales from the Ras Laffan plant in Qatar.

   The shipment was heading for UK shores as the nation’s National Balancing Point (NBP) benchmark natural gas price was last at around $22.70 per million British thermal units, down from recent record highs.

Oct 22 (LNGJ) - The 206,950 cubic metres capacity Q-Flex LNG carrier, the “Al-Aamrya”, is scheduled to deliver a cargo on October 29 to the UK South Hook import terminal at Milford Haven in Wales from the Ras Laffan plant in Qatar. The shipment was heading for UK shores as the nation’s National Balancing Point (NBP) benchmark natural gas price was last at around $30.55 per million British thermal units.

Oct 19 (LNGJ) - Global LNG shipments are continuing to point at North Asia amid continued elevated spot prices of around $34 per million British thermal units for the Japan-Korea Marker.

   The 154,950 cubic metres capacity carrier “Asia Vision” is scheduled to deliver a cargo on October 22 to the Zhoushan import terminal in China’s eastern Zheijang province from the Gorgon plant on Barrow Island in Western Australia. Among scores of other LNG vessels that have lifted cargos for Asia, the 261,980 cubic metres capacity vessel Q-Max carrier “Al Dafna” is scheduled to discharge a Ras Laffan cargo on October 31 at the Pyeongtaek import terminal in South Korea.

Turkey, one of the largest LNG importers in the European region, has awarded a European-US consortium a significant contract for the subsea development of the nation’s largest-ever natural gas discovery, the Sakarya gas field in the Black Sea.

State energy company, Türkiye Petrolleri Anonim Ortaklığı (TPAO), has chosen the consortium of Houston-based Schlumberger and Europe’s Subsea 7 for the engineering, procurement, construction and installation (EPCI) at the Sakarya field.

The integrated project scope will cover subsurface solutions to onshore production, including well completions, subsea production systems (SPS), subsea umbilicals, risers, flowlines (SURF) and an early production facility.

Turkey has discovered between 400 billion cubic metres and 530 Bcm of natural gas in the Black Sea Sakarya field in assorted wells.

The project contract includes the provision and installation of infield flowlines, control umbilicals, tie-in connections, associated subsea equipment, 170 kilometres (105 miles) of gas export pipeline and an monoethylene glycol injection pipeline.

The government aims to get Black Sea gas flowing into the national grid in 2023, the centennial of the founding of modern Turkey, with sustained plateau production starting in 2027 or 2028.

Turkey plans to cover up to a quarter of its consumption from the discovery by 2027.

Natural Resources Minister Fatih Dönmez has said the country may be able to start with an initial annual production capacity of 3.5 Bcm in 2023.

Increases

The eventual aim would be to lift the Sakarya field capacity to around 15 Bcm per annum within four years of initial production.

Turkey itself currently consumes between 45 Bcm and 50 Bcm of natural gas each year.

Turkish LNG import terminals in 2020 handled 10.72 million tonnes of LNG with its four largest suppliers being Algeria with 3.96MT, Qatar with 2.26MT, the US supplying 2.22MT and a further 1.32MT coming from Nigeria.

The scope of work on the Sakarya field for Subsea 7-Schlumberger comprises the whole EPCI of the subsea pipelines and associated equipment to connect the gas wells at a depth of around 2,000 metres to the shore and gas grid. Turkey has already initiated the production of the pipes for this process.

Subsea 7 said it its statement on the contract that it defines a major contract as being one where its share of revenue is more than $750 million.

Schlumberger will deliver the well completions scope and the design, construction and commissioning of the early production facility capable of handling up to 350 million standard cubic feet per day of gas.

The SPS and SURF scope will be delivered by OneSubsea, the subsea technologies, production, and processing systems division of Schlumberger and Subsea 7.

“Subsea 7 looks forward to building a long-term relationship with Turkish Petroleum and to making a significant contribution to the development and growth of the Turkish energy industry,” said John Evans, Subsea 7 Chief Executive.

“Subsea 7 has a long track record of providing optimised solutions for deepwater developments and we are pleased to be working on this important project,” added Evans.

Oct 15 (LNGJ) - TotalEnergies Chief Executive Patrick Pouyanné told a virtual energy conference that while everyone wanted an energy transition to cleaner fuel and there was “huge pressure” to quit fossil fuels it remained a fact that these same fossil fuels currently represent 80 percent of the energy supply today on the planet. Regarding decarbonization strategies, Pouyanné said carbon offsets do not help and TotalEnergies remained focused on cutting emissions directly from its operations. “We are building a multi-energy company with oil and gas, but also renewables and electricity,” added Pouyanné.

   The CEO said he remained “bullish” on natural gas, and LNG in particular, because TotalEnergies sees natural gas as the right choice for the energy transition. TotalEnergies has worldwide LNG investments, including the currently stalled liquefaction and export project in Mozambique.

Oct 11 (LNGJ) - Qatar Petroleum, owner of the world’s largest LNG export plant at Ras Laffan in the Gulf, has changed its name to Qatar Energy. “It’s more of a reflection of what we’re actually doing that wasn’t reflected by the name that we had,” said President and Chief Executive Saad Sherida Al-Kaabi.

   Al-Kaabi, who is also the Qatari Minister of State for Energy, said the new Qatar Energy state-owned company also wanted to be more efficient and environmentally sound as it expanded production from 77 million tonnes per annum to an eventual 127 MTPA by 2027. Al-Kaabi added that regasified LNG, which generates lower emissions than other fossil fuels such as oil and coal, would remain part of the global energy mix for years to come even as the world slowly shifted to renewable energy sources.