In this issue

 

Our North America editor

A United States plan to help build liquefied natural gas infrastructure to coincide with increased LNG carrier traffic on the expanded waterway with US companies sought to submit tenders for a feasibility study.

Our Asia-Pacific editor

Origin Energy, a stakeholder in the Australia Pacific LNG plant in Queensland that recently shipped its first cargo, has issued a statement to the Sydney stock exchange to say it had "robust financing arrangements" to cope with the current oil and energy markets slump.

PetroBangla, the state energy company of Bangladesh, is seeking expressions of interest from international and regional companies to set up two more liquefied natural gas import terminals.

A Canadian federal agency, Fisheries and Oceans Canada, has informed the nation's Environmental Assessment Agency that the Pacific NorthWest LNG project, led by Malaysia's Petronas, would have "a low potential" to adversely affect fish habitats.

UK liquefied natural gas equipment company Parker Bestobell Marine has received an order to supply its cryogenic fuel-gas valves for newbuild tankers being built to run on LNG.

Eagle LNG Partners said it had chosen US equipment-maker Cosmodyne of California to install a small-scale liquefaction plant at its facilities in Jacksonville, Florida, to make fuel mainly for the maritime market.

Our North America editor

Oregon LNG, one of two liquefaction and export plants proposed for the US Northwest, has refiled a lawsuit in the US District Court in Portland against plans by the Army Corps of Engineers to exercise rights near the LNG venture to deposit dredge spoils.

Our Middle East editor

Qatargas and RasGas of Qatar, the world’s largest producers, are manging to adapt to the new pricing and delivery requirements that have been the result of the oil price plunge and economic woes in the Far East and elsewhere.

Our Asia-Pacific editor

Many liquefied natural gas LNG players have shifted their focus to developing markets employing new regasification capacity and despite weakened demand and the impact of the oil price crash, LNG production remained high to reach 250 million tonnes last year.

Our North America editor

Cheniere Energy said it had delayed the shipping of its first cargo from the US Sabine Pass LNG export terminal in Louisiana until late February or early March because of technical problems during commissioning.

The price of oil-linked LNG has taken a further hit as the price of North Sea Brent crude dropped to an 11-year low on concern about global over-production, huge storage surpluses and lower future demand from China because of economic woes.

Gassco, the Norwegian pipeline operator and a main competitor to LNG, transported a record 108 billion standard cubic metres of natural gas in 2015 from the Norwegian continental shelf to terminals in Germany, Belgium, France and the UK.

Our Europe editor

Sevan Marine of Norway, the designer and developer of offshore installations for the oil and gas industry, said it entered into a project and technology agreement with Vires Energy Corp. of the Philippines for a small-scale liquefied natural gas import terminal in the South-East Asian country.

Dutch utility Gasunie, the owner with Vopak of Rotterdam's Gate LNG import terminal, said that from mid-2016 small-scale LNG carriers would be able to load cargoes from the new break-bulk jetty currently under construction for distribution to other Northwest European ports.

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.