In this issue

 

The LNG Croatia project, a joint venture to develop a near-shore import terminal at one of the Balkan nation’s islands in the northern Adriatic, is finally making progress with the deadline for the final bids to construct infrastructure and supply a floating storage and regasification unit set for September 29.

Our Asia editor

Indian Minister for Petroleum and Natural Gas Dharmendra Pradhan said his country had renegotiated the pricing of liquefied natural gas volumes imported from the Gorgon project on Barrow Island in Western Australia.

Origin Energy, a stakeholder in the Australia Pacific LNG plant in Queensland, and Gladstone LNG operator Santos, said they had both heeded calls to help Australian industry in the supply of gas and have signed a joint deal with a major Sydney company.

Our Asia-Pacific editor

Origin Energy, a stakeholder in the Australia Pacific LNG venture, has agreed to spend A$250 million (US$201M) to take full control of the Otway gas project comprising two South Australian natural gas fields and other assets as it prepares to spin-off some of its upstream energy business.

Secretary of Energy Perry says President wants to help friends overcome challenges

Our Europe editor

The US Department of Energy said it intended to give faster approval of small-scale LNG projects from export facilities to target small-volume customers in the Caribbean, Central America and South America. 

Our Asia-Pacific editor

Australian East Coast LNG production in the state of Queensland and domestic natural gas output increased in the second quarter by around 19 percent and 12 percent respectively as oil output plunged to a 40-year low, leaving the nation possibly vulnerable to Asian refinery disruptions.

Australian energy company Santos and its Gladstone LNG plant international partners will supply the East Coast domestic market with volumes of natural gas during 2018 and 2019 that is not required for liquefaction and export.

Our Asia-Pacific editor

Pavilion Energy of Singapore and its gas subsidiary signed a preliminary agreement to cooperate with state-owned Indonesian electricity company Perusahaan Listrik Negara (PLN) on small-scale LNG projects with another Singaporean firm Keppel Offshore & Marine.

King and Spalding, the international law firm, said it represented one of the main parties in an agreement signed to develop the Swan LNG import project planned for some time in the northwest Indian state of Gujrat, where three other regasification terminals already operate. 

German propulsion maker MAN Diesel and Turbo said its marine fuel-gas system subsidiary had signed a contract with Sweden’s gas network operator Swedegas to deliver a liquefied natural gas bunkering facility in the Port of Gothenburg.

Our Europe editor

Angola LNG, the southwest African export plant with a mixed reliability record since it came on stream in 2012, has signed a multi-year LNG sales agreement with global commodities trader Vitol.

US LNG equipment-maker Chart Industries continues to expand its business by acquiring German company VCT Vogel, a servicer of cryogenic and mobile gas tank equipment and trucks and a European leader in truck-mounted drive and control systems for the operation of LNG pumps on trailers and containers. 

Our Americas editor

The International Gas Union, the world body that promotes natural gas and LNG use and technology for economic progress, has scheduled an election of a new President to serve from 2021 to 2024 and has three candidates to choose from representing Canada, China and Egypt.

Our Asia-Pacific editor

Inpex Corp., the Japanese energy company and liquefied natural gas developer, has held a naming ceremony in Japan for an LNG carrier that will transport cargoes from the Ichthys export project near Darwin in Australia’s Northern Territory to Taiwan.

News Nudges

Atlas Copco LNG order

Atlas Copco Gas and Process Division, based in the German city of Cologne, secured a compressor order for the LNG carrier shipbuilding market in Asia. The order was placed by Samsung Heavy Industries of South Korea for a total of four centrifugal gas compressors, four gas screws compressors and with heaters and vaporizers to be used on two Korean-built vessels. “Specifically, the vapor return compressors will provide tank pressure control during loading and the fuel-gas compressors will feed excess boil-off gas to the gas engine during operations,” said Atlas Copco. “This order is a very important step for Atlas Copco in the Asian LNG market,” said Robert Radimeczky, President of the Gas and Process Division.


Anthony Veder LNG conversion

Royal Dutch Shell and Dutch shipping company Anthony Veder have signed a contract to modify the small-scale LNG carrier “Coral Methane” into an LNG bunker vessel. The modification marks the first of its kind and will entail integration of specific LNG bunker equipment into the vessel. The 7,500 cubic metres capacity ship currently operates as on a multipurpose basis.


Pipeline boost for Marcellus

Tennessee Zone 4 Marcellus shale-gas spot prices increased $1.71 from $0.52 per million British thermal unit to $2.23 per MMBtu in the week. “Marcellus prices likely increased this week as a result of a combination of cold weather in the Northeast and the commencement of service of the Access South and Adair Southwest pipelines,” said the Energy Information Administration.