In this issue

 

Jakarta is committed to accelerating the development of its untapped oil and gas 
LNG News Editor:  Indian liquefied natural gas imports jumped by 10 percent as lower prices helped encourage buyers while domestic gas output also increased along with the nation’s gas demand. 
Free ReadJapanese liquefied natural gas imports dropped again last month as storage increased and North Asian prices declined with thermal coal deliveries also plunging while nuclear plant usage is increasing.  Cargo…
LNG News Editor:  NextDecade Corp., the developer of the Rio Grande LNG export project in Brownsville in Texas, has entered into a credit agreement with a group of lenders for…
Sempra Infrastructure, the subsidiary of California-based utility and energy company Sempra and with stakes in LNG plants and projects in the US and Mexico, has completed the sale of a…
EQT Corp., the leading US natural gas producer in the Appalachia Shale Basin of the northeast US, said it was seeking overseas LNG customers after signing a second accord with…
Free ReadLNG News Editor:  The US Department of Energy has published its latest LNG export data showing more cargoes pointed at North Asia instead of mainly European nations after prices moderated…
LNG News Editor:  The French port of Le Havre has again become a liquefied natural gas importation point for the first time since the 1980s as commissioning activities were starting…
LNG News Editor:  Gaztransport and Technigaz (GTT), the French LNG storage technology company, has received another order from Dalian Shipbuilding Industry Co. in Northeast China for the tank designs for three…
Free ReadAvenir LNG, the London-headquartered global energy supplier for small-scale projects and gas carriers, has awarded the management of three LNG bunker vessels to Wilhelmsen Ship Management of Norway.  The bunkering…
Korean Register, the classification society of the Republic of Korea, has awarded an Approval in Principle (AIP) for an LNG dual-fuel Very Large Gas Carrier (VLGC) jointly developed by KR…
LNG News Editor:  Svanehøj France, the tank control systems business, has been awarded contracts to update safety systems at the established Dabhol LNG import terminal on the West Coast of…
Free ReadRenEco Ltd of the UK has joined with Dutch company Nordsol to establish a bio-liquefied natural gas plant to produce fuel from waste and targeting customers in the truck transportation…
Canadian pipelines giant agrees to buy Ohio, Utah, Idaho and Wyoming natural gas suppliers 

News Nudges

Australian strike ends

Australia’s Offshore Alliance union agreed to the pay and conditions recommendation of the nation’s labor disputes arbitration body, the Fair Work Commissioner, and called off the strike by around 500 members at the Gorgon and Wheatstone LNG export plants in Western Australia that had failed to disrupt cargo flows. “The Offshore Alliance will now work with Chevron to finalize the drafting of the agreements and members will soon cease current industrial action,” the unions said in a statement.


Exmar takeover progress

Belgian shipping company Exmar, which chartered a regasification barge to the Netherlands and sold a floating LNG production vessel to Italy’s Eni for deployment in Africa, is set to be taken over by Saverex NV, the holding company of the family of Exmar Executive Chairman Nicolas Saverys. Exmar, based in Antwerp, had reopened the acceptance period to September 15 for the voluntary public takeover bid launched by Saverex for all shares and share options not already controlled by the bidder.


Vopak agrees €407M sale

Royal Vopak, the Dutch global storage company and LNG sector participant, has reached agreement with Infracapital on the sale of Vopak chemical terminals in Rotterdam. Vopak, whose latest LNG investment was taking a 50 percent stake in the Dutch Eemshaven terminal in Groningen with utility Gasunie, said it reached an agreement with Infracapital on the sale of its three chemical terminals in Rotterdam, the Botlek, TTR and Chemiehaven facilities for a total price of €407 million ($434M).