In this issue

 

The US Rio Grande LNG export project In Texas being developed by former Royal Dutch Shell LNG executive Kathleen Eisbrenner and her NextDecade company has received authorization from the Department of Energy to export cargoes to Free Trade Agreement countries.

Our Europe editor

French energy company Engie and two Japanese partners have advanced their bunkering joint venture plans by launching Gas4Sea, a new brand to market liquefied natural gas as a marine fuel, starting soon in the Belgian port of Zeebrugge.

Carnival Corporation, the US cruise ship operator, has signed an agreement with the German and Finnish shipbuilders, Meyer Werft and Meyer Turku, to deliver three additional cruise vessels that will be fully powered by liquefied natural gas.

Our Asia-Pacific editor

General Electric Marine Solutions and China’s Hudong-Zhonghua Shipbuilding have received approval in principle from US classification society, the America Bureau of Shipping, for a jointly developed liquefied natural gas carrier to be powered by a GE propulsion system.

UK maritime classification society Lloyd’s Register has been awarded a crucial role in oil and gas development strategies in Cyprus, where liquefied natural gas production is being considered onshore and offshore as well as pipeline exports.

Our Asia-Pacific editor

Energy World Corp., the Australian-listed Asia-Pacific natural gas and power company based in Hong Kong, said the first LNG import terminal in the Philippines is almost complete as it posted record earnings ahead of the hub facility coming on line at Pagbilao in Quezon province.

Bahrain Oil and Gas Holding Co. and Russia’s Gazprom have signed a memorandum of understanding to cooperate on energy and liquefied natural gas during a visit to Moscow by the King of Bahrain and key ministers.

The Japan Bank for International Cooperation, the nation's export-import credit agency, said it planned to lend $400 million to the Yamal LNG project in Arctic Russia because some of the production will be taken by Japanese buyers.

MEO Australia, the exploration and production company with retained liquefied natural gas project plans in the Tassie Shoal offshore northwest Australia and oil interests in Cuba, said its LNG project could be suitable for feed-gas from the Greater Sunrise fields.

Woodside buying Scarborough and Carnarvon stakes

Our Asia-Pacific editor

Woodside, operator of two liquefied natural gas production plans in Western Australia, has entered into a binding sale and purchase agreements with Australian resources company BHP Billiton to acquire half of its gas assets in the offshore Scarborough field and the Carnarvon Basin for future LNG production.

Tellurian Investments vehicle developing Driftwood project may be listed on Nasdaq

Our Europe editor

Driftwood LNG, the project being developed by former BG Group executive Martin Houston and ex-Cheniere LNG Chief Executive Chafir Souki, will be headed by former London-based Cheniere Marketing executive Meg Gentle.

Our North America editor in New York

Energy majors ExxonMobil Corp. ConocoPhillips and BP of the UK have decided to stop further investment in the Alaska LNG project, control of which is already scheduled to be passed in December 2016 to the state’s Alaska Gasline Development Corp.

The Canadian province of British Columbia has issued a statement of thanks to members of a native North American tribe who voted by a majority in favour of the Asian-led Pacific NorthWest LNG project and for continuing to pursue LNG development on their traditional territory.

The two Dutch owners of the Rotterdam Gate LNG import terminal, natural gas utility Gasunie and global storage giant Royal Dutch Vopak, have formally opened their break-bulk terminal, comprising a third jetty and special loading facilities for small-scale regional vessels.

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.