Italian energy company Eni and new LNG importer Bahrain to broaden cooperation
Italian energy company Eni, with recent natural gas discoveries in nations such as Mozambique and Egypt, has signed an accord with the Gulf kingdom of Bahrain covering issues like LNG supply and exploration.
Kingdom of Bahrain set to begin LNG imports while seeking to produce more natural gas
The Kingdom of Bahrain is set to start commercial operations at its floating LNG import facility near Khalifa Bin Salman Port with partners including Teekay LNG, while pursuing exploration and production activities to find more gas.
Bahrain LNG start-up
Aug 1 (LNGJ) - Fleet owner Teekay LNG said it was looking forward to second-half revenues from Bahrain LNG import operations in the Gulf from its stake in the project and its 20-charter agreement for the 173,000 cubic metres capacity “Bahrain Spirit” floating storage unit (FSU).
Bahrain's first LNG terminal is near the existing breakwater at the Khalifa Bin Salman Port. It includes the FSU provided by Teekay and a regasification platform. The project is owned by four companies, including the Gulf state’s National Oil & Gas Authority, Teekay, South Korea’s Samsung C&T and the Gulf Investment Corp.
Mark Kremin, Teekay Gas Group President and Chief Executive, said he expected financial results for the second half of 2019 to improve with new charters, the delivery of another three 50 percent-owned newbuilds for the Yamal LNG project in Russia and the start-up of the Bahrain LNG regasification terminal.
Lithuanian LNG terminal company seeks operator role in Asian bid for Cyprus facility
Lithuanian LNG and oil terminal company Klaipedos Nafta said it had joined with Asian partners from South Korea and Japan in bidding in the tender process for an LNG import terminal on the Mediterranean island of Cyprus and gave more details of consortium plans.
Klaipedos Nafta has operated the Lithuanian LNG import terminal since 2014 at the Baltic Port of Klaipeda as well as an LNG re-loading station.
The Lithuania facility is a floating storage and regasification unit under charter from Hoegh LNG.
Klaipedos Nafta said it was bidding for the Cyprus project with consortium partners consisting of South Korean companies Samsung C&T and Posco E&C as well as the Japanese shipping company Mitsui OSK Lines (MOL) and the utility Osaka Gas.
The second consortium includes Monaco-based LNG shipping company Gaslog, a unit of Spanish utility Enagas and the Italian gas network and infrastructure company, Societa Nazionale Metanodotti (Snam).
The third group of bidders is led by China Petroleum Pipeline Engineering.
The original deadline had been set for the end of March and has now been moved to September 6.
The Cypriot Natural Gas Public Company (DEFA) has also invited expressions of interest for the supply of LNG for the FSRU.
The tender for the supply of the LNG is the second part of the gas-to-power project.
Klaipedos Nafta said it was participating in the tender as a contractor and partner of the consortium.
According to the published specifications, the LNG terminal will include an FSRU, a jetty for mooring the vessel and a jetty-borne gas pipeline to secure supply of natural gas to the Vasilikos power plant, the largest in Cyprus.
The project has been granted European Union support amounting to a grant of 100 million euros ($111.4M).
If winning the tender, Klaipedos Nafta said it would join with MOL and Osaka Gas to provide terminal operator services for a period of up to 20 years.
Gulf kingdom of Bahrain set to start LNG import facility in May amid assessment of gas discovery
Bahrain said it would receive shipments from a variety of liquefied natural gas suppliers when the Gulf kingdom's first floating import facility comes on line in May.
Bahrain arranges commissioning cargo from Abu Dhabi for latest Middle East LNG facility
The Kingdom of Bahrain said it would receive its commissioning cargo from Abu Dhabi National Oil Company when the facility becomes operational in 2019.
Bahrain LNG project advances and will increase LNG cargo requirements for Arab Gulf states
Bahrain has completed the construction of the jetty and offshore sections of its first LNG import facility at a location about 5 kilometres from the existing breakwater at the Khalifa Bin Salman Port and the terminal is on schedule for completion in 2019.
US LNG project at Brownsville on Gulf Coast signs up buyers from Southeast Asia and China
Texas LNG, the midscale liquefaction and export projects planned for the port of Brownsville, has entered into its second phase of marketing after signing up some customers from Southeast Asia and China.
Bahrain advances with LNG import project to be completed in early 2019 using floating storage
The Gulf kingdom of Bahrain said it had received project financing of $740 million and was proceeding with the development of its first liquefied natural gas import facility, scheduled to come on line in early 2019.
