In this issue

 

Ordinary Canadians in British Columbia stages rallies in three towns in support of the development of liquefied natural gas projects in the face of growing opposition from the federal government in Ottawa to the hydrocarbon industry.

Our Middle East editor

US floating LNG project company Excelerate Energy said its vessel “Explorer” deployed in the United Arab Emirates has been upgraded to reach a landmark send-out capacity of 1.0 billion cubic feet per day at Jebel Ali port in Dubai and can also supply bunkering services.

IItalian energy company Eni has successfully performed production tests on its new discovery in Egyptian waters of the East Mediterranean, saying the field has “a great production capacity.

Our Europe editor

Amec Foster Wheeler, the energy and liquefied natural gas project contractor, returned a solid operational performance as it worked on LNG and feed-gas projects in Australia and Timor Este.

UK’s Ophir Energy has disappointed in some ventures and advanced in others

Our Europe editor

Ophir Energy of the UK said it progressed on all fronts on the Fortuna floating LNG project offshore the West African nation of Equatorial Guinea, even as it posted an annual loss of $376 million.

Japan said the price of spot liquefied natural gas cargoes imported into the country in February was $6.90 per million British thermal units compared with $10.70 per MMBtu in the year-ago period as the worst effects of the oil price slump began to level off in the LNG market after 12 months of declines.

Japanese marine classification society Nippon Kaiji Kyokai, which has almost 60 liquefied natural gas carriers on its books, has named Koichi Fujiwara as its new Chairman and President.

Our Asia-Pacific editor

Germany’s Linde has signed an agreement with a US-based liquefied natural gas equipment maker in Pennsylvania, the subsidiary of a Japanese company, to cooperate on small-scale and medium-sized liquefied natural gas production ventures.

Chevron Corp. said it expected to ship the first cargo from the Gorgon project on Barrow Island off the northwest coast of Western Australia as the US major expressed optimism about the Asian LNG market.

Exmar, the Belgian LNG shipping and project development company has signed a settlement agreement with Pacific Exploration and Production, the successor company to the Pacific Rubiales and its Caribbean Floating LNG project in the South American country of Colombia.

Our North America editor in New York

The US Venture Global Plaquemines LNG project, one of two in Louisiana being developed by a Washington DC-based company, has applied for permits from the Department of Energy to export the equivalent of 22 million tonnes per annum of cargoes.

Our Europe editor

French energy company Engie has signed a preliminary 10-year agreement to supply 400,000 tonnes per annum of liquefied natural gas cargoes to an import terminal planned for the Central American nation of Panama.

Our Middle East editor

Qatari liquefied natural gas producer RasGas Co. Ltd. celebrated a landmark in its LNG export operations at Ras Laffan when it loaded its 500th cargo to Taiwan under a long-term contract with CPC Corp.

Our Europe editor

Rolls-Royce, the UK company known for powering Airbus and Boeing passenger jets, has won a contract to provide a propulsion package for a liquefied natural gas-fueled Norwegian cargo vessel being built at a Turkish shipyard and to be delivered in 2017.

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.