LEAD STORY
With a vast gas resource base, Russia’s significance to the global LNG market has not changed materially. However, ongoing headwinds since the Ukraine invasion are beginning to chip away at its progress, our Markets Editor Alexander Wilk writes.
Buyers of US LNG seem prepared to agree to higher tolling fees
Written by AJ KotzeOfftakers of US LNG are willing to pay higher tolling fees which gives project sponsors good margins considering the current low gas prices at Henry Hub. Some developers of new-built liquefaction plants have asked long-term buyers for higher liquefaction fees to cover rising interest rates and construction costs – and most agreed as US export is still the cheapest-priced gas worldwide. Our Markets Editor Anja Karl has more.
Also in this issue
Our data for the month to 26 September showed lower LNG output globally both month-on-month and year-on-year. Meanwhile, global net LNG demand was also down, our Market Editor Alexander Wilk reports.
Business case for fitting a CCS on an LNGC analysed
Written by AJ KotzeDNV recently co-ordinated a Joint Industry Project (JIP) set up to examine the business case and feasibility of fitting a carbon capture and storage (CCS) system on board a 174,000 cu m LNGC. Technical Editor Ian Cochran reports.
Advancing the LNG industry through materials technology
Written by AJ KotzeLNG has a pivotal role to play in the greater adoption of gas as part of the energy transition from more carbon-intensive fossil fuels toward renewable sources.*
Cylinder control technology promises to slash LNG methane slip
Written by AJ KotzeNew technology designed to halve the amount of methane slip from gas engines, promises to improve the environmental profile of LNG-fuelled vessels by optimizing combustion processes. Fuelling Editor Malcolm Ramsay has more.
A round-up of latest events, company and industry news
Written by AJ KotzeADNOC Gas, the stand-alone spin-off from Abu Dhabi National Oil Company in the United Arab Emirates, has signed a natural gas supply agreement with Chinese major PetroChina International.
