LEAD STORY
Despite a significant increase in the uptake of LNG in the post-COVID era, the maritime industry still faces substantial challenges ensuring regulation and infrastructure are ready to support further growth in LNG as a marine fuel. Fuelling Editor Malcolm Ramsay explores further.
Paradigm shift in favour of long-term LNG supply in Europe
Written by AJ KotzeThe unfolding energy crunch in Europe may end up setting the stage for a paradigm shift in LNG contracts. Having relied on pipeline gas ‘baseload’ for decades, European buyers are now increasingly shifting towards new long-term LNG supply deals in an effort to replace as much as possible pipeline gas from Russia. our Markets Editor Alexander Wilk reports.
Also in this issue
Bridging the unbridgeable: Gas gap fuels risks for Europe’s utilities
Written by AJ KotzeAs the Europe Union continues to distance itself from Russian gas, ongoing price volatility and security of supply issues are prompting concerns for the continent’s utilities – and could ultimately slow the energy transition. Emmanuel Dubois-Pelerin, Sector Lead, EMEA Utilities at S&P Global Ratings, explains.
Retraction of Freeport’s force majeure leaves traders at a loss
Written by AJ KotzeFreeport LNG has retracted its force majeure which had left traders having to source product on the spot market at significant losses. The second largest US LNG exporter had declared force majeure in June after an explosion at the plant led to a complete shutdown. Now, the company retracted the notice, blaming ‘human error’. Markets Editor Anja Karl has more.
Our July data highlight several outages in the Atlantic and Pacific Basins weighed on supply whilst demand grew in July, our Markets Editor Alexander Wilk reports.
From LNG import to export: Lake Charles LNG prepares to be transformed
Written by AJ KotzeEnergy Transfer’s Communications Vice President, Vicki Granado, explains the plan to convert an LNG import facility into an export terminal.
Multi-purpose cryogenic pump designer adds to series
Written by AJ KotzeIn the small-scale industrial sector, cryogenic pump downstream applications have seen significant growth in the past few years. Technical Editor, Ian Cochran reports.
The Society of International Gas Tanker & Terminal Operators (SIGTTO) has produced a document entitled ‘Detection and Reporting of Fugitive Methane Emissions from LNGCs’, which has been published by Witherby. Technical Editor, Ian Cochran examined the paper.
Belgian fuel company Tree Energy Solutions (TES) is to fast-track LNG imports in Germany, with plans to boost bunkering activity through the acceleration of clean fuels adoption. Fuelling Editor Malcolm Ramsay reports.
A round-up of latest events, company and industry news
Written by AJ KotzeAngola’s Azule Energy commences operations
UK energy giant bp and Italan energy company Eni have officially established Azule Energy, a new 50/50 independent joint venture formed to combine the two companies’ Angolan businesses.
