In this issue

 

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. 

Our Europe editor

Norwegian shipping company IM Skaugen, owner of a fleet of multi-gas carriers and with small-scale LNG project proposals in the offing, said it has been working to execute a financing plan for the deferment of the 2017 maturity debt with all its lenders. 

Our Africa editor

Italian Energy company Eni has held a contract-signing ceremony in Mozambique to signal the advance of the Coral floating liquefied natural gas project, the first joint venture to tap the huge gas resources discovered by Eni in the Area 4 licence block of the southeast African nation's offshore Rovuma Basin. 

The small-scale Canadian LNG export project backed by Indonesian billionaire Sukanto Tanoto and his Pacific Oil and Gas company has had its 40-year export licence to ship cargoes to Asia approved by the federal government in Ottawa. 

The Coral floating LNG project being developed offshore the southeast African nation of Mozambique has chosen three global companies to make the plans a reality in terms of engineering and construction. 

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. 

News Nudges

Armenia gas fuel lead

Armenia’s position as the world’s largest user of gas-fueled vehicles as a proportion of cars, trucks and buses on the road was highlighted during a visit to the former Soviet state by Alexey Miller, Chairman of Russian natural gas giant Gazprom. Miller noted that Russian gas exports to Armenia amount to 1.9 billion cubic metres per year as the country has no energy resources of its own. “Gazprom expressed its appreciation for a robust use of natural gas in different economic sectors, including transportation. At present, around 80 percent of vehicles in the country run on natural gas,” said Gazprom.


GTT LNG storage order

GTT, the French LNG maritime storage technology company, said it received an order from Hyundai Heavy Industries of South Korea to equip a new LNG carrier with its Mark III Flex containment system. Hyundai's shipyard based in Ulsan will build the 180,000 cubic metres capacity vessel for the Norwegian shipping company Norspan LNG (Knutsen). Delivery is scheduled for 2019. The Knutsen fleet contains 10 large-scale LNG carriers in service and one on order. These LNG carriers are all equipped with GTT containment systems.


Mexico bid round ends

Mexico has awarded 10 out of 15 licences for exploration in shallow water blocks in the Tampico-Misantla, Veracruz, and Southeast basin areas along the country’s Gulf Coast. Twenty companies and 16 joint ventures from 15 countries took part in the bidding. Italian energy company Eni and Russia’s Lukoil were two individual operators awarded offshore acreage.