In this issue

 

Our North America editor in New York

BP of the UK has advanced with more feed-gas plans for the Atlantic LNG export plant in Trinidad by signing a contract with US energy engineers McDermott International Inc. for a new natural gas field development. 

The entry of Woodside Petroleum, the largest Australian LNG producer, into the oil, gas and LNG province offshore Senegal in West Africa, has been delayed by a dispute with another Australian energy company. 

Our North America editor in New York

The restoration of a quorum at the US Federal Energy Regulatory Commission, which gives approval to LNG export projects and natural gas pipelines and infrastructure nationwide, has moved a step closer. 

Qatar Petroleum may produce an additional 15 million tonnes of LNG a year by the early 2020s

Our Asia-Pacific editor

Chiyoda Corp. of Japan, one of the leading LNG engineering companies, has been chosen by Qatar Petroleum to conduct a detailed study to identify modifications required to boost the capacity of the world’s largest production complex at Ras Laffan. 

Our Caribbean and Latin America editor

Royal Dutch Shell has agreed to acquire natural gas fields from Chevron Corp. offshore the Caribbean LNG-producing nation of Trinidad and Tobago, including in the cross-border Loran Manatee gas field shared with Venezuela and where resources are estimated at 10 trillion cubic feet. 

Oil Search, a stakeholder in the Papua New Guinea LNG export plant and its expansion project, has agreed to acquire 30 percent of five licences held by ExxonMobil, operator of the PNG plant near the capital Port Moresby. 

Our Asia-Pacific editor

Japanese trading house Sumitomo Corp. plans to construct its own liquefied natural gas import terminal, giving the world’s largest LNG importing nation its 35th large-scale regasification facility. 

Australian company LNG Ltd said it was no longer proceeding with its plans for a coal-seam-gas-to-LNG project at the Fisherman’s Landing site it acquired at the Port of Gladstone in the eastern Australian state of Queensland where three other plants are in operation. 

Chevron Corp. has provided an overview of the company’s operational performance and future growth plans at its 2017 annual meeting in Midland, Texas, where executives said the Wheatstone LNG project in Western Australia was on track for its start up in the next few weeks. 

Our Europe editor

Golar LNG, the fleet owner and project developer, posted more operating losses at just over $40 million in the first quarter of 2017 while advancing with floating LNG production ventures in West Africa where a second FLNG hull project for Equatorial Guinea is being proposed. 

Rolls-Royce of the UK said its maritime propulsion unit signed an agreement to supply 15 gas engines to Norwegian ferry company, Torghatten Nord AS, to power five ferries to be operated on liquefied natural gas fuel. 

Our South America editor

State-owned Chilean energy company Empresa Nacional del Petroleo (ENAP) and power utility Colbun have signed a 12-year deal worth up to US$400 million for natural gas supplies and regasification services from the Quintero LNG import terminal in Chile. 

Our Europe editor

Russian natural gas company Novatek said Spanish energy company Gas Natural Fenosa would be one of the first customers to receive cargoes from the Yamal liquefied natural gas export project in Arctic Russia when it starts commercial operations. 

Stolt-Nielsen, the Norwegian-listed shipping and storage company, said it ordered two 7,500 cubic metres capacity liquefied natural gas carriers with options for three similar ships as it builds a small-scale portfolio to serve projects in areas such as the Italian Island of Sardinian and Scotland. 

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.