Our Europe editor
Gaztransport and Technigaz (GTT), the French owner of liquefied natural gas maritime and other storage technologies, said it received an order from Samsung Heavy Industries in South Korea to equip a floating hull with storage for the Mozambique Coral FLNG project.
Norwegian energy company Statoil has committed itself to continuing the deepwater offshore exploration programme in the Great Australian Bight offshore South Australia that was vacated by BP of the UK in October 2016.
Australian developer LNG Ltd has formally extended its final turn-key engineering and construction contract for the Magnolia LNG export venture in Louisiana by six months as it seeks to finalize supply agreements with customers.
Our Europe editor
Qatar Petroleum has signed an accord with Royal Dutch Shell Chief Executive Ben van Beurden on developing liquefied natural gas as a maritime fuel as well as the infrastructure to deliver it at strategic shipping locations across the globe.
LNG export Qatar’s dispute with its Gulf Cooperation Council (GCC) neighbours, including the United Arab Emirates, Bahrain, Kuwait and Saudi Arabia is having little impact on the LNG market and it is business-as-usual for global LNG shipping shares.
Our Asia editor
Japanese government figures show that the average delivered price of spot liquefied natural gas shipments arriving in Japan was $1.40 per million British thermal units higher at $5.70 per MMBtu in May compared with $4.30 per MMBtu in the same month of 2016.
Terminal at Pascagoula was originally built to import cargoes from Angola to the US
Our North America editor in New York
Kinder Morgan, the US pipeline and infrastructure company, is advancing again with its Gulf LNG export project at an existing terminal in the port of Pascagoula in the state of Mississippi.
Our Europe editor
Royal Dutch Shell Chief Executive Ben van Beurden has signed a further agreement with Russian natural gas company Gazprom to make progress for plans to build an LNG export plant on the northwest Russian coast with cargoes pointing at Europe and South America.
The US Department of Energy has approved a long-term export application from the first floating liquefied natural gas production project in North America, the Delfin LNG joint venture proposed for the Gulf of Mexico offshore Louisiana.
Our Europe editor
US LNG export company Cheniere Energy has delivered its first cargo from the Sabine Pass plant in Louisiana to Poland, one of the European nations that built a regasification terminal on the Baltic Coast to lessen its previously total dependence on Russian pipeline gas.
Woodside, the Australian operator of two liquified natural gas export plants, said it entered into a long-term sale agreement with Indonesian energy company Pertamina.
Mitsui OSK Lines, the Japanese shipping company, said the latest LNG carrier it will operate was delivered from the Hudong-Zhonghua Shipyard in the Chinese port of Shanghai to transport cargoes from Australia to China.
Our Asia-Pacific editor
LNG Ltd, the Australian developer of two North American export plants in the US state of Louisiana and in the Canadian province of Nova Scotia, said it is exploring the possibility of basing the company in the US and listing its shares on either the New York Stock Exchange or Nasdaq global exchange.
DNV GL, the European classification society, awarded Kawasaki Heavy Industries of Japan an approval in principle for its newly developed non-spherical Moss-type LNG storage tank.
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.