In this issue

 

Perth-based company posts 40 percent jump in LNG sales revenue to US$3.76 billion

LNG Journal editor

Woodside Petroleum, the operator of the North West Shelf and Pluto liquefied natural gas plants in Western Australia and a stakeholder in the state’s newest Wheatstone facility, posted a more than 40 percent jump in LNG sales revenue in 2018 to US$3.76 billion on increased demand from Asian customers and higher prices. 

LNG Journal editor

Woodside Petroleum, the operator of the North West Shelf and Pluto LNG export plants in Western Australia, has awarded four contracts for front-end engineering and design activities for the proposed Scarborough natural gas project to underpin expansion at the Pluto facility on the Burrup Peninsula. 

LNG Canada, the Royal Dutch Shell-led export joint venture in British Columbia, said Shell was pressing ahead while recognizing that it was likely not possible to get unanimous support for a major infrastructure venture project in the Canadian province. 

LNG Journal editor

The United Arab Emirates, the LNG producer that is expanding its natural gas and oil exploration in Abu Dhabi, has signed two concession agreements with Italian energy company Eni and its joint venture partner from Thailand, PTT Exploration and Production Company. 

Ophir Energy, the UK company that lost its Equatorial Guinea licence in West Africa and the potential Fortuna floating liquefied natural gas project, is still holding out hope of securing revenue from its stake in an onshore LNG export project in the East African nation of Tanzania. 

BP of the UK and Italian energy company Eni signed a heads of agreement with the Ministry of Oil and Gas of the Sultanate of Oman to work jointly towards a significant new exploration opportunity in the Arabian Peninsula nation where BP’s onshore Khazzan natural gas discovery revitalized LNG production. 

LNG Journal editor

Gassco, the Norwegian natural gas pipeline operator and one of the main competitors to LNG, transported 114.2 billion cubic metres of gas during 2018 from the Norwegian Continental Shelf to mainland Europe and the UK. 

Gasum, the natural gas network owner in Finland and an LNG distributor and regasification terminal operator through its subsidiary Skangas, has sold its technical unit to the Finnish Viafin Service Group. 

LNG Journal editor

Sea-LNG, a global coalition of energy and shipping companies backing the increased use of liquefied natural gas as a maritime fuel, said it had appointed representatives of French bank and project financier Societe Generale and the Maritime and Port Authority of Singapore to replenish its 12-strong board. 

LNG Journal editor

The liquefied natural gas hub and terminal project planned by Greek company Gastrade for the port of Alexandroupolis to serve the Balkans has revised its invitation for expressions of interest as the delivery of the floating storage and regasification unit will take six months longer than originally scheduled. 

Gibraltar said its new gas-fired power station project had handled its first operation with a small-scale LNG carrier delivery as part of safety trials in the run-up to the start of full operations. 

National Grid of the UK said its Isle of Grain import terminal on the Medway River southeast of London sent out more regasified LNG last month than any other facility in Northwest Europe. 

LNG Journal editor

Mitsubishi Shipbuilding of Japan said it held a naming ceremony for the fourth vessel in a series of five being constructed to ship LNG cargoes from the US Gulf Coast to the main Japanese import terminals. 

The liquefied natural gas shipping sector has seen its largest number of orders since 2014 as traditional and new entrants sign contracts with South Korean, Japanese and Chinese shipyards for vessels to handle the LNG production surge, while the impact has been felt in average annual charter rates. 

News Nudges

Tenerife LNG bunkering

Dutch shipping line Anthony Veder said its small-scale LNG carrier, the 7,500 cubic metres capacity “Coral Methane”, has successfully carried out its first liquefied natural gas bunkering operation on the world’s first LNG-powered cruise ship at Santa Cruz de Tenerife in the Spanish Canary Islands. The “Coral Methane” fueled the “AIDAnova”, the newest ship from AIDA Cruises, which made history as the cruise industry’s first ship to be powered at sea and in port by LNG.


Crowley LNG success

Crowley Maritime Corp. said its new combination LNG-powered container-roll-on roll-off ship, the “Taino”, successfully completed its first voyage to Puerto Rico after receiving fuel for the first time at the Eagle LNG bunkering station in the Florida port of Jacksonville and departing on January 8. “The successful transit puts a historic capstone on the company’s Commitment Class modernization project and begins a new era of world-class supply chain services between the island commonwealth, the US mainland and the Caribbean Basin,” said Crowley.


LNG cargoes for China

The 148,300 cubic metres capacity carrier “LNG Ondo” will deliver a cargo on January 24 to the Qidong terminal in Jiangsu province from the Nigeria LNG plant on Bonny Island. The 170,050 cubic metres capacity carrier “Hoegh Giant” is scheduled to arrive on January 25 at the Chinese port of Tianjin with a cargo from the US Sabine Pass plant in Louisiana. The 266,000 cubic metres capacity Q-Max carrier “Al Dafna” will deliver a cargo on January 25 to PetroChina’s Tangshan terminal in northeast Hebei province from Ras Laffan in Qatar.