LNG

Sabine Pass plant has shipped a total of 475 cargoes to 29 different countries

LNG Journal editor

Cheniere Energy, owner of the Sabine Pass LNG export plant in Louisiana, posted an almost 30 percent rise in third-quarter LNG revenues as volumes increased along with prices and more than 215 cargoes were shipped in the year-to-date period. 

LNG Journal editor

JGC Corp. of Japan, one of the leading global energy engineering companies, has given a frank assessment of the risks posed by some overseas projects in terms of potential losses and outlined its activities and plans for the LNG Canada project, Ichthys LNG In Australia and the Russian Yamal LNG venture. 

Toshiba Corp., the Japanese conglomerate emerging from a crisis caused by an accounting scandal and massive losses in the nuclear business, has announced a five-year recovery plan, including the off-loading of its US liquefied natural gas assets comprising volumes from a 20-year tolling agreement at the Freeport LNG plant in Texas. 

LNG Journal editor

US regulators have prepared a draft environmental impact statement for the Plaquemines LNG export plant proposed for the banks of the Mississippi River and its associated Gator Express Pipeline system. 

Japanese spot LNG cargo prices edged up last month on a contracted basis to $10.70 per million British thermal units as winter demand gathered pace in North Asia, where prices are now an average $2.50 per MMBtu higher than a year ago. 

Tellurian Inc., developer of the Driftwood LNG export plant in Louisiana, said it advanced the sale of LNG and Driftwood partnership interests with around 35 customers and potential partners conducting due diligence and would announce the investor and buyer list by year-end. 

LNG Journal editor

Avenir LNG, a small-scale niche market joint venture involving Stolt-Nielsen Ltd, the shipping and storage group and its Norwegian peers, Hoegh LNG and Golar LNG, is now registered on the Oslo over-the-counter market after holding a private share placement. 

Lloyd's Register, the UK maritime classification society, presented South Korean shipbuilder STX with an approval in principle for a tanker design capable of using liquefied natural gas as a fuel. 

LNG Journal editor

The International Group of LNG Importers, involving 83 companies, has held a meeting in the Japanese city of Fukuoka and issued a statement on the future role of LNG as a clean and flexible solution for a responsible energy future. 

LNG Journal editor

The Kingdom of Bahrain said it would receive its commissioning cargo from Abu Dhabi National Oil Company when the facility becomes operational in 2019.