November/December 2022

LEAD STORY

Russia’s LNG economy has taken several hurdles since the Ukraine invasion but the going is likely to get tougher, our Markets Editor Alexander Wilk writes. 

Monday, 07 November 2022 06:33

China’s lucrative LNG resale ends abruptly

Written by AJ Kotze

The lucrative practice of Chinese players to resell US cargoes to Europe – and then restock with discounted Russian gas – has come to an abrupt end. For months, Sinopec, CNOOC and PetroChina were cashing in on double-digit price premiums of the Dutch TTF benchmark for gas in Europe over the JKM benchmark for LNG delivered to Asia; but a small supply deficit now prompted the government in Beijing to ban cargo resales and shore up supplies for the winter; our Markets Editor Anja Karl has more. 

Also in this issue

Monday, 07 November 2022 06:23

October trade set to continue monthly growth

Written by AJ Kotze

Our preliminary October data highlights continued export growth whilst also pointing to a strengthening demand vortex in Europe drawing supplies away from the Pacific, our Markets Editor Alexander Wilk reports. 

Monday, 07 November 2022 06:20

Singing the praises of ‘ShellLNGTime1 & 2’

Written by AJ Kotze

The vast majority of LNG charters are concluded on one form - ‘ShellLNGTime1 & 2’.   Its success is attributable to familiarity, comprehensiveness and (relative) even handedness. Maritime law specialist, Hill Dickinson, explains. 

Monday, 07 November 2022 06:17

Inert gas systems’ orders significantly increase

Written by AJ Kotze

Survitec’s Maritime Protection brand has seen a significant increase in orders for inert gas (IG) systems. Technical Editor Ian Cochran reports.

Monday, 07 November 2022 06:15

WinGD to power Qatari LNGCs

Written by AJ Kotze

WinGD’s latest X72DF-2.1 engines will power 25 LNGCs earmarked for QatarEnergy’s North Field East (NFE) project, the biggest LNGC newbuilding programme thus far. 

Monday, 07 November 2022 06:07

Amsterdam bioLNG project progresses bunkering plans

Written by AJ Kotze

Developers behind a new bioLNG plant at Port of Amsterdam have progressed plans, with the facility set to begin production next year and support a new generation of low-carbon bunkering. Fuelling Editor Malcolm Ramsay reports. 

Monday, 07 November 2022 05:54

A round-up of latest events, company and industry news

Written by AJ Kotze

ALASKA Governor Mike Dunleavy has just concluded a trade mission to Japan where he met executives of leading energy companies and utilities as well as government ministries to discuss Japanese companies procuring long-term Alaskan LNG supplies.