South American energy giant puts regas infrastructure on divestment list
Our South American editor
Brazilian state-run energy company Petrobras has launched an international bidding process for the sale of its two liquefied natural gas import terminals, which have already received LNG cargoes from the new export plant at Sabine Pass in Louisiana.
Our Europe editor
Angola LNG, one of the most troubled liquefaction plants ever built and operated by Chevron Corp., has resumed production and is shipping cargoes sold by international tender after a two-year shutdown.
LNG Ltd of Australia, developer of two North American liquefaction plants in the US state of Louisiana and the province of Nova Scotia in Canada, has issued a securities exchange statement saying it was not aware of any takeover talks involving the company.
Our Asia-Pacific editor
The Japanese Port of Yokohama plans to set up the nation’s first liquefied natural gas bunkering operation under a proposal to promote more clean fuel use in the shipping industry.
Toho Gas, the Japanese utility and importer of LNG from nations such as Australia, Qatar, Indonesia and Malaysia, has added the US to its supply list after finalizing an agreement to buy three cargoes a year from the Cameron export plant being built in Louisiana by Sempra Energy of California.
Japan said the price of spot liquefied natural gas cargoes imported into the country in May amounted to $4.30 per million British thermal units, down from $5.10 per MMBtu the previous month and from $7.90 per MMBtu in the year-ago period.
Our Europe editor
Amec Foster Wheeler, the UK-based energy engineering and construction company, has won a contract to build the first Indian LNG import and regasification terminal planned for the east coast of the country at the port of Ennore in the state of Tamil Nadu.
Venture Global LNG, a Washington DC-based company, said it had recruited one of North America’s most experienced LNG executives as it advances with the development of two export plants in Louisiana, one at Plaquemines on the banks of the Mississippi River and a second near the Calcasieu Ship Channel.
Our Europe editor
Royal Dutch Shell, the biggest global liquefied natural gas market player, said the takeover of LNG portfolio company BG Group is re-shaping the Anglo-Dutch oil and gas major and providing $1 billion in additional savings, while the company’s investments in new liquefaction projects would be slowing down.
Our North America editor in New York
The US Elba Island liquefaction and export project near Savannah in Georgia has been fully authorized by the Federal Energy Regulatory Commission as one of only two major exporting ventures planned for the East Coast.
Aker Solutions of Norway has won an order to supply key equipment for the development of Egypt’s largest offshore natural gas discovery being developed by Italian operator Eni as a gas hub for the East Mediterranean and ending the nation's need for LNG imports.
Noble Energy, the US company with natural gas assets and LNG plans offshore Israel, said the Israeli government has approved the development plan for the Leviathan project, the largest energy venture in the Eastern Mediterranean.
Our Europe editor
European maritime and project classification society DNV GL said it was awarded a framework agreement for the provision of design and engineering technical services to Europe’s largest import terminal, Grain LNG, located near London.
The American Bureau of Shipping has joined forces with Greece’s Arista Shipping, two companies from Finland and French storage tank technology firm GTT in a joint development project for a dry bulk carrier concept that uses liquefied natural gas as fuel.
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.