Friday, 20 April 2007 14:42
Dutch LNG firm 4Gas develops global regasification network
By Paul Q.J. van Poecke, Chief Executive of 4Gas, and David J de Ledesma
4Gas is currently developing five LNG terminals globally and by 2015 we expect to have 10 to 15 regasification terminals operational or very close to a final investment decision.
The 4Gas strategy is to develop a global network of LNG terminals which will be available to LNG producers and other companies who seek access to growth markets.
4Gas is currently developing five LNG terminals globally and by 2015 we expect to have 10 to 15 regasification terminals operational or very close to a final investment decision.
The 4Gas strategy is to develop a global network of LNG terminals which will be available to LNG producers and other companies who seek access to growth markets.
Friday, 20 April 2007 14:35
LNG industry faces the future with diverse finance instruments
In the last of a three-part series on LNG finance and risk from leading global law firm White & Case, partner Matthias Schemuth looks at the bigger financing picture.
In 2006 the International Energy Agency estimated that, in the Middle East and Africa alone, $1.05 trillion of investment in the oil and gas sectors would be required by 2030 to meet the world’s upwardly spiralling energy requirements.
With global gas demand expected to increase by around one-third by 2015 and a huge surge in LNG production expected to account for satisfying much of this, the global LNG industry is going to soak up a significant portion of this forecast global investment.
In 2006 the International Energy Agency estimated that, in the Middle East and Africa alone, $1.05 trillion of investment in the oil and gas sectors would be required by 2030 to meet the world’s upwardly spiralling energy requirements.
With global gas demand expected to increase by around one-third by 2015 and a huge surge in LNG production expected to account for satisfying much of this, the global LNG industry is going to soak up a significant portion of this forecast global investment.
Friday, 20 April 2007 14:33
Snøhvit LNG approaches start-up to supply the US
By Odd Arild Mosbergvik, Senior Vice President, Snøhvit LNG Development
The Snøhvit LNG project operated by Statoil has reached the final stages of development. Commissioning of the process plant is under way, and first gas from the offshore field will be landed in May.
The first LNG shipments are due to be made during the fourth quarter, ahead of the start of contractual deliveries on December 1.
Snøhvit marks Statoil’s debut as a supplier to the US natural gas market.
The Snøhvit LNG project operated by Statoil has reached the final stages of development. Commissioning of the process plant is under way, and first gas from the offshore field will be landed in May.
The first LNG shipments are due to be made during the fourth quarter, ahead of the start of contractual deliveries on December 1.
Snøhvit marks Statoil’s debut as a supplier to the US natural gas market.
Friday, 20 April 2007 14:00
LNG terminal expansion moves to forefront of contract tender action
As the worldwide demand for hydrocarbon-based fuels continues to rise, liquefied natural gas has become a key source of energy in the Western hemisphere as there are no potential sources of pipeline gas that could meet all the demand.
Countries in Western Europe, as well as nations such as India, Mexico, China and Chile have built, or are planning to build, LNG import terminals, while countries such as Japan and Korea historically have relied on import terminals for their natural gas needs.
Given the current increase in natural gas consumption, an expansion of a completed LNG import terminal is almost inevitable.
Countries in Western Europe, as well as nations such as India, Mexico, China and Chile have built, or are planning to build, LNG import terminals, while countries such as Japan and Korea historically have relied on import terminals for their natural gas needs.
Given the current increase in natural gas consumption, an expansion of a completed LNG import terminal is almost inevitable.
Friday, 20 April 2007 13:52
News Index February 2007
A round-up of latest events, company and industry news
Friday, 20 April 2007 13:49
Equatorial Guinea project builds new energy bridge to Louisiana
Engineers Al Chernosky and Andy McGhie describe the challenges that led to the building of a suspension bridge to complete LNG plant
Construction of an LNG plant on the northwest side of Equatorial Guinea’s Bioko Island began in July 2004. The facility is on a record-breaking schedule from project inception to first delivery of LNG.
The project team has been faced with many challenges typical of those experienced when tackling grassroots facilities in remote locations.
Construction of an LNG plant on the northwest side of Equatorial Guinea’s Bioko Island began in July 2004. The facility is on a record-breaking schedule from project inception to first delivery of LNG.
The project team has been faced with many challenges typical of those experienced when tackling grassroots facilities in remote locations.
Friday, 20 April 2007 13:46
Africa’s bankable LNG projects will attract finance initiatives
In the second of a three-part series on LNG finance and risk from global law firm White & Case, partner Jason Kerr looks at new streams
Africa cuts an imposing figure on the world energy horizon. Already a significant provider of both oil and gas to the rest of the world, Africa’s huge reserves of natural resources are only going to increase in importance and they will be a key factor in the growth of the world economy over the next two decades.
Friday, 20 April 2007 13:41
Natural gas interchangeability in focus as sources of LNG widen
David Wood and Saeid Mokhatab explain how national quality specification guidelines with respect to LNG imports have yet to be full resolved
Natural gas interchangeability is a common issue for distribution networks to address in major markets where supplies are coming from many different sources of varying qualities.
In continental Europe, for example, there have been about 20 different qualities of pipeline gas and about 15 different imported LNG gas compositions (Figure 1) supplying the market.
Natural gas interchangeability is a common issue for distribution networks to address in major markets where supplies are coming from many different sources of varying qualities.
In continental Europe, for example, there have been about 20 different qualities of pipeline gas and about 15 different imported LNG gas compositions (Figure 1) supplying the market.
Friday, 20 April 2007 13:34
Africa comes through with new LNG output for Atlantic Basin
John
McKay
Africa is emerging as a key source of liquefied natural gas for the United States as Nigeria continues to monetize its significant natural gas reserves, and a
small former Spanish colony prepares to become the world’s 14th LNG exporter
with contracts to deliver into Louisiana.
In mid-July the West African state of Equatorial Guinea will become the newest LNG exporting country after a project led by
Marathon Oil Corp. of the US comes
on stream.
Wednesday, 28 February 2007 13:45
Invensys offers LNG control system solutions along the supply chain
John M Gilmore Jr., Director of Upstream Oil & Gas at Invensys Process Systems
Building an LNG receiving terminal and its associated infrastructure is a multimillion dollar investment and developers have to focus on more than the design and construction of the physical facilities.
The main objective is to deliver natural gas to a local customer and meeting that goal in a safe, reliable, and cost-effective manner requires the balancing of many factors in the design of an enterprise control systemfor a new facility.
Building an LNG receiving terminal and its associated infrastructure is a multimillion dollar investment and developers have to focus on more than the design and construction of the physical facilities.
The main objective is to deliver natural gas to a local customer and meeting that goal in a safe, reliable, and cost-effective manner requires the balancing of many factors in the design of an enterprise control systemfor a new facility.
