In this issue

 

Free ReadFull impact of oil slump and coronavirus will likely be seen more in the second-quarter earnings LNG Journal editor Royal Dutch Shell has revised its first-quarter earnings outlook for 2020…
LNG Journal editor Ohgishima City Gas Supply Co., a joint venture between Japan’s main LNG importers, has begun commercial operations of a city-gas production and supply facility with a calorific…
A large proportion of LNG shipping companies have been attracted in recent years to borrowing on the Norwegian bond market and some will be looking for extensions in the current…
LNG Journal editor Dominion Energy has closed its acquisition of Pivotal LNG from the utility, Southern Company, to enter the small-scale market for deliveries by containers, trucks and to be…
Free ReadWoodside, the Australian LNG export plant operator, has received a regulatory permit for the Scarborough gas field development offshore Western Australia, even as the final investment decision has been deferred…
Höegh LNG, the Norwegian project company and fleet owner, has applied for an infrastructure ownership, operations and development licence for a joint venture at the port of Vasilikos on the…
LNG Journal editor Wood Mackenzie, the UK-based energy consultants, said the while the collapse of LNG prices towards US production break-evens was foreseeable, the narrative for the rest of 2020…
Free ReadLNG Journal editor McDermott International, the US energy and LNG engineering company, said that first gas had flowed from a field development of India's Oil and Natural Gas Corp. (ONGC)…
LNG Journal editor Heerema Group, the Dutch marine offshore contractor and owner of the biggest and strongest semi-submersible crane ever built, the “Sleipnir”, said the vessel has received the world’s…
The Spanish HAM Group has acquired 11 new LNG-powered truck tractors from Swedish vehicle manufacturer Scania to join its own fleet in the Transportes HAM unit, a leading European company…
GasLog Ltd., the LNG carrier fleet owner with 20 vessels and with another 15 ships held by its US affiliate GasLog Partners, has launched its latest carrier at the South…
Free ReadLNG Journal editor PetroChina, the Hong Kong-listed affiliate of state-owned China National Petroleum Corp., recorded a 6 percent increase in annual revenues to 2,520 billion Chinese yuan ($350.8Bln) but net…
Exmar, the Belgian shipping and projects company with more than 40 vessels in its fleet and now mostly focused on the liquefied petroleum gas business and LNG shipment management, said…
From its base in Honshu’s largest port, the company seeks LNG terminal building and consulting expansion LNG Journal editor Osaka Gas, the Japanese utility is advancing its strategy of US…

News Nudges

China LNG Index up

China's import price index for liquefied natural gas rose in the past week, according to data from the Shanghai Petroleum and Natural Gas Exchange (SHPGX). The LNG index is for delivered cargoes, not including tax. The most recent quote for Cost, Insurance and Freight (CIF) delivered cargoes was given as 2,996 yuan ($421) per tonne, or $8.23 per million British thermal units, compared with last week’s price of 2,821 yuan ($397) per tonne, or $7.74 per MMBtu.


US cargoes increase

The US shipped 19 LNG cargoes from its export plants last week compared with 15 in the previous week. Nine shipments left Cheniere Energy’s Sabine Pass plant in Louisiana, while three departed from Cheniere’s Corpus Christi facility in Texas. At the four other plants, three were shipped from the Freeport plant in Texas, two departed from Sempra Energy’s Cameron facility in Louisiana, two left from Dominion Energy’s Cove Point in Maryland and none from the newest facility, the Elba Island plant in Georgia, according to the Energy Information Administration.


Pavilion green plan

Pavilion Energy, the Singapore liquefied natural gas importer and a subsidiary of the city state’s wealth fund Temasek, is calling for offers to jointly develop a reporting methodology for carbon-neutral deliveries of LNG. The company launched a request for the proposal, which comprises three components: supply of up to 2 million tonnes of LNG per annum for Singapore; ideas for greenhouse-gas emission reductions; and collaboration on the methodology.