In this issue

 

Our Europe editor

Wood Group of the UK has secured a front-end engineering and design contract from Gastrade for the Alexandroupolis LNG import project planned for offshore Greece and involving shipping company GasLog.

US conglomerate General Electric said its energy subsidiary has signed a long-term agreement to supply Italian energy company Eni and its planned LNG projects in Mozambique with equipment and services to help develop the southeast African nation’s huge natural gas resources in the offshore Rovuma Basin.

Finnish natural gas and LNG company Gasum increased its shareholding in Norwegian-based operator Skangas by an additional 19 percent to 70 percent as it expands regasification, production and distribution infrastructure in the Baltic and northern regions of Europe.

Our North America editor in New York

Corpus Christi LNG, the second Cheniere Energy liquefaction and export plant to add to the Houston-based company’s volumes from the Sabine Pass facility in Louisiana, said the project was more than 65 percent complete and the first processing Train would be ready for commercial operations in the first half of 2019.

Our North America editor in New York

The Panama Canal has celebrated the one-year anniversary of the entry into operation of its expanded locks and said that during the 12 months there had been almost 140 transits by LNG carriers.

ExxonMobil has agreed to collaborate on the development of liquefied natural gas as a marine fuel with two companies already involved in bunkering and supply ventures in the state of Florida.

Our North America editor in New York

Corpus Christi LNG, the second Cheniere Energy liquefaction and export plant to add to the Houston-based company’s volumes from the Sabine Pass facility in Louisiana, said the project was more than 65 percent complete and the first processing Train would be ready for commercial operations in the first half of 2019.

PTT Group, the state energy company of Thailand, has set up a trading unit called PTT Global LNG Co. to increase its marketing presence ahead of the construction of more import infrastructure to handle its future volumes from the Mozambique liquefaction project in southeast Africa and other possible ventures.

Cheniere Energy’s Sabine Pass LNG export plant in Louisiana sent out 15 cargoes and narrowed its monthly delivery count to seven different nations compared with nine previously and the majority went to South American and Latin American countries, according to the latest detailed data from the US Department of Energy.

Our Asia-Pacific editor

Australian energy company Santos, a stakeholder in three Asia-Pacific LNG export plants, has started a strategic partnership with two Chinese companies and this will include upstream investment in natural gas in Australia and Papua New Guinea.

Australian engineering company Monadelphous said it won another new contract for the Ichthys LNG project in Darwin with a combined value of around A$170 million, a week after winning a A$600M maintenance contracts from LNG operator Woodside Petroleum in Western Australia. 

Our North America editor in New York

The Sabal Trail Pipeline in Florida received Federal Energy Regulatory Commission authorization to begin partial operations amid rising natural gas demand from power plants rather than for LNG -  as the only current needs are for small-scale liquefaction and storage plants for bunkering near the port of Jacksonville.

Firm has reorganized its Global Energy Marketing Division in terms of manpower and leadership for July 1 start

Our Asia-Pacific editor

Japanese energy company Inpex Corp. has bolstered its liquefied natural gas trading unit ahead of the coming on stream at the end of 2017 of the Ichthys LNG export project near Darwin in Australia’s Northern Territory. 

Indian liquefied natural gas imports dropped by more than 7 percent last month as shipments came from regular suppliers such as Qatar and Nigeria, though there were fewer spot deliveries except one notable cargo from Angola in southwest Africa. 

News Nudges

Texas waterway to upgrade

The Corpus Christi Ship Channel on the Texas Gulf Coast, which could become an important LNG shipping destination for the second wave of US exports, is planning a $327 million upgrade. The project will be run by the Port of Corpus Christi Authority Commission and the US Army Corps of Engineers and will involve the deepening and widening of the Channel. The project plans to widen the Channel to 530 feet, with additional barge shelves, to allow for two-way vessel and barge traffic. The Channel will also be deepened to 54 feet (Mean Lower Low Water) to allow for the safe passage of deep-draft vessels.


Cheniere to raise $1.5bln

Cheniere Energy, operator of the Sabine Pass export plant in Louisiana and the developer of more liquefaction Trains, has increased its offering of Senior Notes, a first-call form of debt security, from $1 billion to $1.5Bln. The notes will bear interest at a rate of 5.25 percent per annum and will mature in October 2025. The closing of the debt offering is expected on September 18. Cheniere said it intended to use the net proceeds to pay down a portion of some of its outstanding term loans.


Two cargoes for Mexico

The 141,000 cubic metres capacity “LNG Adamawa” will unload a shipment on September 28 at the Mexican Altamira import terminal on the Gulf of Mexico coast from the Nigerian LNG plant on Bonny Island. The 145,700 cubic metres capacity carrier “Tangguh Jaya” carrier is scheduled to deliver an Indonesian cargo on October 5 to the Costa Azul terminal, owned by US utility Sempra Energy, and located on the Pacific Coast of Mexico, near the town of Ensenada.