In this issue

 

Port Fourchon LNG, the US export venture owned by a subsidiary of Hong Kong-based Energy World Corp. and planned for Lafourche Parish in Louisiana, has received a letter from US regulators giving permission to start its pre-filing environmental review process.

Our Europe editor

Flogas Britain, one of the UK’s main suppliers of liquefied natural gas by truck, said it partnered with Associated British Ports to bunker a ship with LNG for the first time in the UK at the port of Immingham in northeast England.

Japanese liquefied natural gas imports rebounded in July as a fall in shipments from other Asian countries was offset by more Middle East cargoes as well as Russian and US deliveries.

Indian liquefied natural gas imports for July jumped after two months of declines as more shipments arrived from Qatar and Nigeria as well as the spot market.

Our North America editor in New York

KBR, the US energy engineering company, said it was awarded pre-front end engineering and design and project support services contracts by BP of the UK for the development of the Tortue-Ahmeyim gas fields offshore Mauritania and Senegal that will form the basis of two floating LNG projects.

Kosmos Energy, the Dallas-based exploration and production company developing West African floating liquefied natural gas projects with BP of the UK, saw its shares fall 7.5 percent in its first full day of trading on the London Stock Exchange where it now has a secondary listing. 

Our Asia-Pacific editor

Oil Search, one of the main Oil Search, one of the main liquefied natural gas developers in Papua New Guinea, said its average realised LNG and natural gas prices in the first half of 2017 amounted to US$7.67 per million British thermal units compared with US$6.09 per MMBtu in the same period of 2016, a rise of 26 percent, as plans advanced to substantially increase production.

Our Africa editor

Ghana has signed an agreement for the nation to receive liquefied natural gas cargoes for a period of 15 years from West African neighbour and producer Equatorial Guinea as it awaits several planned import facilities to finally be completed.

Qatar Gas Transport Company, the Gulf state’s LNG carrier fleet operator, has now transferred 10 vessels from the maritime management of Royal Dutch Shell to its own subsidiary.

The Equatorial Guinea floating LNG project owners said the 2.2 million tonnes per annum of offtake volumes from the West African joint venture has gone to global commodities firm Gunvor as the preferred buyer.

Our Asia-Pacific editor

Santos, the Australian energy company and stakeholder in three Asia-Pacific LNG plants, said it was exercising its option to redeem 1 billion euros (US$1.17 billion) in Notes originally issued in 2010 as it continues to pay down debts amid a restructuring that has coincided with giving Chinese shareholders a great role.

Australian energy company Santos posted a first-half jump of 24 percent in revenue to US$1.5 billion due to higher LNG sales, reflecting the ramp-up of Gladstone LNG and a strong showing from Papua New Guinea LNG, though a net loss was recorded because of a one-off charge.

Our Asia-Pacific editor

Woodside Petroleum of Australia said it was planning to install a large battery on one of its offshore platforms serving the North West Shelf LNG plant in a move that will save costs as well as reduce carbon emissions and the company may eventually expand the programme to other LNG and natural gas production facilities. 

US CEO has some Irish US CEO has some Irish connections as graduate of University of NotreDame in state of Indiana 

Our Europe editor

US LNG development company NextDecade has signed an accord with the Port of Cork to eventually ship LNG cargoes from Texas to the Republic of Ireland for distribution in the European market.

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.