Thursday, 15 October 2020 06:00

Pakistan to book more cargoes

Pakistan LNG Ltd (PLL) is seeking up to six cargoes for December, its procurement subsidiary said on its website, adding to the cargoes needed for November.

Thursday, 15 October 2020 06:00

Cameron LNG reports no damage from ‘Delta’

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Sempra’s Cameron LNG export facility came through unscathed from the latest Hurricane to hit the US Gulf region last weekend.

Cameron said that its disaster assessment recovery team began an investigation on Saturday and determined that it was safe to restart production the following day.

“We have resumed work to execute our plans towards achieving full production,” he company said, adding that it was working closely with the Port of Lake Charles to assess the condition of the Calcasieu ship channel to confirm the accessibility to the loading jetties.

The export facility shut down on 8th October ahead of Hurricane ‘Delta's’ landfall the following day in Louisiana.

Offtake customers talking with newswires said that production had restarted on 11th October at the plant's Train 2, with production restarts for the No.1 and No.3 trains expected around 13th-14th October and 21th October, respectively.

Cameron LNG had also closed on 26th August to prepare for Hurricane ‘Laura’. It shipped its first cargo on 5th October on the ‘SK Audace’ and restarted production the following day after partial power was restored to the plant before shutting down again to prepare for the arrival of ‘Delta’.

The last export from the facility was recorded on 23rd August, according to ship tracking data.

Thursday, 15 October 2020 06:00

Batangas terminal’s next phase underway

First Gen Corp has signed a contract with Tokyo Gas for the next phase of the planned LNG terminal project at Batangas City.

Golar LNG Limited joint venture company, Hygo Energy Transition Limited, has appointed Paul Hanrahan as CEO, effective 19th October.

Thursday, 15 October 2020 06:00

FLNG ‘Gimi’ - force majeure lifted

Golar LNG Limited subsidiary Gimi MS Corp has confirmed a revised project schedule with BP Mauritania Investments Ltd for the Greater Tortue Ahmeyim project.

Thursday, 15 October 2020 06:00

Turkey looks for third FSRU

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Turkey plans to expand its LNG storage capacity by adding a third FSRU.

This unit will be located in Saros Bay, north of the Gallipoli Peninsula, in northwestern Turkey by 2021, the Turkish Deputy Energy and Natural Resources Minister, Alparslan Bayraktar said last week.

Speaking during a panel organised by the Turkish Academy of Science, he stressed “the critical importance” of natural gas for Turkey’s clean energy policies.

“Ensuring Turkey’s natural gas supply security and improving the infrastructure is very important. We have added two FSRUs in Aliağa [İzmir] and Hatay-Dörtyol to our system. Our efforts are ongoing for the third one in Saros [Bay]. It will be added to our infrastructure next year,” Bayraktar said.

Turkey’s first FSRU started operations in in İzmir’s Aliağa district at the end of 2016, while the second, with 20 mill cu m of send-out capacity per day, was launched in the Mediterranean province of Hatay in early February, 2018.

Turkey imported 45.3 bill cu m of natural gas last year, paying approximately $12 bill.

In addition to pipelines, Turkey improved its LNG infrastructure in a bid to increase the share of cheaper LNG in its natural gas mix to around 33% in 2020 from 28% in 2019, according to the Natural Resources and Energy Ministry.

Turkey’s major LNG suppliers are Qatar, the United States, Algeria, Nigeria, Cameroon and Egypt.

Turkey’s natural gas imports for the first half of this year dropped by 3.5% to 22.5 bill cu m. Around 12.1 bill cu m was imported via pipeline and 10.3 bill as LNG.

In July, natural gas imports decreased by 4.5%, compared to the same month of 2019, according to the Energy Market Regulatory Authority (EPDK). The country imported 2.6 bill cu m of natural gas via pipelines, while 509 mill cu m came as LNG, according to the data. 


Thursday, 15 October 2020 06:00

Delfin completes FEED for FLNG project

Delfin Midstream has finalised FEED for the newbuilding FLNG of 3.5 mill tonnes per annnum nameplate capacity.

Thursday, 15 October 2020 06:00

Centrica sells gas to China

British energy services company, Centrica has signed a binding sales and purchase agreement (SPA) to supply 500,000 tonnes per annum of LNG to Chinese firm Shenergy.

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Dominion Energy Cove Point LNG export terminal in Maryland started to exit a three-week annual maintenance closure on 12th October, according to Refinitiv data.

Dominion spent about $4 bill to add the LNG export terminal to Cove Point’s existing LNG import terminal. It handled its first export cargo in March, 2018.

US LNG export capacity is expected to rise to 10.6 bill cu ft per day in 2021 and 12.1 bill in 2022 from 10 bill cu ft today.

Cove Point is designed to liquefy about 0.75 bill cu ft per day of gas and its whole capacity for 20 years was sold to a subsidiary of GAIL (India) and to ST Cove Point, a joint venture between companies involved with Japanese trading house Sumitomo Corp and Tokyo Gas.

The company also said that it expected its transaction with Berkshire Hathaway Energy, exclusive of Questar Pipelines, to close around 1st November, 2020.

As a result, Dominion Energy will receive around $2.7 bill in cash and transfer $5.3 bill of existing Dominion Energy Gas Holdings (DEGH) related debt to the buyer at closing.

The company also said it expected to complete the sale of Questar Pipelines to Berkshire Hathaway Energy upon receipt of Hart-Scott-Rodino (HSR) clearance in early 2021 and will receive about $1.3 bill in cash and transfer around $430 mill of existing Questar Pipelines debt to the buyer.

This mutually agreed dual-phase closing is the result of updated timing expectations for receipt of the HSR clearance from the US Federal Trade Commission (FTC) related exclusively to the pipelines.

By the end of September, Dominion Energy had completed over $500 mill of open market repurchases, as well as executed a $1.5 bill accelerated share repurchase programme that will conclude in December.

When completed in early 2021, the company expected total share repurchases to be at least $3 bill.

Based on a strong year-to-date performance, Dominion Energy said it expected 2020 operating earnings per share, normalised for weather, to be in the top half of its $3.37 to $3.60 guidance range. 

Thursday, 15 October 2020 06:00

VDR backs Brunsbüttel LNG terminal project

The German Shipowners’ Association (VDR) has welcomed investments in LNG supply logistics.