Oman’s strategic Sohar Port and Freezone continues expansion as future site of LNG bunkering project
The Sultanate of Oman is making progress with developing the Sohar Port and Freezone that is also the future site of an LNG bunkering project on the Arabian Sea coast and near the entry to the Gulf by the Strait of Hormuz.
LNG for India plants
May 20 (LNG) - French major Total will supply ArcelorMittal Nippon Steel (AMNS) steel and power plants in India with up to 500,000 tons of liquefied natural gas per annum until 2026. The LNG will be sourced from Total’s global portfolio and offloaded at either the Dahej or Hazira LNG import terminals on the West Coast of India. “We are pleased to partner with AMNS and to supply the growing industrial LNG demand in India, a country that aims to more than double the share of natural gas in its energy mix by 2030 compared to today,” said Thomas Maurisse, Senior Vice President of LNG at Total.
Nigeria awards permit for floating LNG export project to be developed by Nigerian oil and gas company
Nigeria’s Department of Petroleum Resources (DPR) has awarded a licence for a project to establish the West African nation’s first floating liquefied natural gas production plant and run by a Nigerian oil and gas company rather than an international energy major.
South African LNG and helium project company reports progress in new drilling campaign in Free State
Renergen, the emerging South African natural gas and helium company with liquefied natural gas and liquefied helium production plans, said its renewed drilling programme had progressed well as part of the Virginia Gas project at the base of the Karoo formation.
French major Total completes first ship-to-containership LNG bunkering in France’s waters at Dunkirk
French oil and gas major Total said it completed the first ship-to-containership liquefied natural gas bunkering operation in France’s waters at the Channel port of Dunkirk.
Profits rise for Total
April 29 (LNGJ) - French oil and gas company Total, which this week declared “force majeure” on the Mozambique LNG project over the security situation in the northern Cabo Delgado province, posted a 51 percent increase in first-quarter adjusted net operating income to $3.48 billion compared with $2.3Bln in the same three months of 2020. Total’s LNG sales rose 1 percent to 9.9 million tonnes versus 9.8MT in the prior-year quarter.
“Despite hydrocarbon production for LNG in the first quarter of 2021, down 6 percent year-on-year, mainly due to the shutdown of the Snøhvit LNG plant (Norway) following a fire at the end of September 2020, LNG sales were stable in the first quarter,” said Total. The company added that its average realised LNG price in the quarter was $6.08 per million British thermal units, higher than the previous quarter’s $4.90 per MMBtu, though about 4 percent lower than the year-on-year price of $6.32 per MMBtu.
Russian Arctic LNG progresses with volumes sales and Novatek selling stake in trans-shipment unit
Novatek, the Russian natural gas developer of the Arctic LNG II project, has concluded two important agreements on offtake from the facility coming on stream in 2023 while selling a stake to French major Total in its cargo trans-shipment subsidiary.
UAE company Mubadala set to complete purchase of stake in a main Israeli gas field by end of May
Israeli energy company Delek Drilling is advancing with the US$1.1-billion sale of its 22 percent stake in Israel’s second-biggest natural gas resource, the Tamar field, to Mubadala Petroleum of the United Arab Emirates by the end of May.
Novatek reaches final Arctic LNG II project financing arrangements as joint venture remains on schedule
Novatek, the Russian natural gas company and LNG operator and developer, said the Arctic LNG II project on the Gydan Peninsula had reached a project financing agreement among the joint venture shareholders from Russia, France, China and Japan.
Total-Siemens plan
April 13 (LNGJ) - French major Total and Siemens Energy of Germany have signed a technical collaboration agreement to study sustainable solutions for reducing carbon-dioxide emissions at liquefied natural gas plants and associated power generation facilities. “Each partner will bring together their best-in-class technologies and combine their know-how to deliver industrial-stage solutions such as combustion of clean hydrogen in gas turbines, competitive all-electrical liquefaction, optimized power generation, the integration of renewable energy in liquefaction plants’ power system,” explained Total.
“This collaboration with Siemens Energy, a major player in the energy technology sector, brings many opportunities to further reduce the carbon footprint of our activities, especially in our strategic LNG business,” stated Arnaud Breuillac, President of Exploration and Production at Total. “The development of low-carbon LNG will contribute to meet the growth in global energy demand while reducing the carbon intensity of the energy products consumed,” added Breuillac.
