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Wednesday, 08 November 2006 16:40

Egyptian LNG sets new standard

LNG Journal Middle East Editor

Egyptian LNG turned a natural gas find into a commercial LNG venture in record time as it set an industry benchmark by delivering the first cargo from Egypt just six years after the first gas field discovery.

ELNG is a partnership between the Egyptian Natural Gas Holding Co., the Egyptian General Petroleum Co, BG Group of the UK, Petronas of Malaysia and Gaz de France.

The natural gas liquefaction and export project is located at Idku, in the Nile Delta, 50 kilometres east of the city of Alexandria.

In May 1995, the Egyptian General Petroleum Corp. signed a concession agreement with affiliates of BG and Edison SpA of Italy, giving the two foreign partners the right to explore for hydrocarbons in the Mediterranean deep water, north east of Alexandria.
Published in April 2006
With more than 4,000 safe and timely deliveries of more than 200 million tonnes of LNG over the last 25 years, Malaysia’s MISC Berhad has grown from a humble player with a micro fleet of five to become the largest single owner-operator of LNG tankers in the world, with 21 LNG tankers and eight newbuilds expected to be delivered in 2008.

In terms of cubic capacity, MISC has approximately 10 per cent of the market share in the LNG segment.

MISC began its foray into the LNG transportation in 1983 with the delivery for Malaysian national energy group Petronas of its first LNG cargo to Tokyo Gas’s terminal in Sodegaura, Chiba.

From the 1980s up to 2002, MISC’s sole client has been PETRONAS, whose evolution into a major LNG producer and supplier has helped set in motion MISC’s own ventures into energy transportation.
Published in May 2006
Tuesday, 07 November 2006 11:44

Soft quay mooring option for offshore loading

Jean Pierre Queau and Leen Poldervaart, Single Buoy Moorings Inc., Monaco

The Soft Quay Mooring LNG system combines known technology and operating experience to enable the offshore industry to affect the offshore transfer of LNG.

Single Buoy Moorings Inc. is experienced in the development, design, supply and operation of Single Point Mooring (SPM) terminals for large tankers and transferring crude oil without building port facilities, and also of Floating Production, Storage and Offloading (FPSO) units.

For the development of concepts for the LNG offshore business, with the standard manifold and mooring equipment on the LNG carrier, side-by-side (SBS) loading is the obvious choice.
Published in June 2006