LNG

The Association of Energy Engineers (AEE) in the US has chosen the DirectLink LNG project of Naturgy of Spain and Norwegian technology firm Connect LNG as the most innovative project of the year because of its unique floating LNG transfer system.

March 1 (LNGJ) - Enagas, the Spanish gas transmission network operator and owner of LNG import terminals, said demand for natural gas in Spain grew by 17 percent in February with colder weather causing domestic and commercial consumption to surge almost 34 percent compared with the same month last year. “Industrial demand registered an increase of 6.4 percent and continues to grow steadily, in line with the positive evolution of the economy,” said Enagas. Total demand in February reached 34,105 gigawatt hours. “Industrial demand, which represents more than 50 percent of total natural gas consumption, reached 17,266 GWh,” it added.

Reganosa, the owner of the Mugardos liquefied natural gas import terminal at the port of El Ferrol in northwest Spain, said it supplied fuel for the first experimental European passenger train locomotive to be powered by LNG.

Sept 22 (LNGJ) - The 141,000 cubic metres capacity carrier “LNG Cross River” is scheduled to unload a shipment on September 23 at the Huelva terminal in southwest Spain from the Bonny Island plant in Nigeria, according to shipping data. The 155,000 cubic metres capacity vessel “Gaslog Saratoga” is scheduled to deliver a cargo on September 25 to the French Montoir-de-Bretagne terminal near the Loire river estuary on the Atlantic coast from Ras Laffan in Qatar.

Spanish liquefied natural gas terminal operator and transmission company Enagas reported a 25.6 percent rise in first-half net profit to 269.1 million euros ($310M), including a gain from the Chilean Quintero LNG business and more revenue from higher gas demand in Spain.

Spain, the largest European importer of LNG, posted a 15 percent increase in shipments last month at its six operating regasification facilities compared with the same period a year ago.

Enagas, the Spanish liquefied natural gas terminal owner and gas network operator, said industrial demand extended its positive trend during the first nine months of 2016, rising by 2.2 percent as its own net profits increased.

Enagas, the Spanish natural gas transmission company with stakes in six of the nation’s seven LNG import terminals, said demand for natural gas in the domestic market increased by 2 percent in the first half of the year compared with 2015 as it maintained its net profit levels.

The Italian-Spanish engineering consortium that built Europe’s newest liquefied natural gas import terminal at the French Channel port of Dunkirk has expressed satisfaction at the project reaching the commissioning state.