In this issue

 

MEO Australia, the exploration and production company, has set its sights on offshore Cuba now that US sanctions have been lifted, while still keeping alive its Tassie Shoal LNG project in the Timor Sea, coupled with offshore Australian feed-gas that could reach a processing plant when a new pipeline is built.

Our North America editor

The US Sabine Pass LNG export plant being built by engineers Bechtel at the existing import terminal in Louisiana is at just over 96 percent completion, about 2 percent less than the agreed schedule, though a first cargo is expected to be shipped early in the New Year.

KBR Inc., the US engineering company, was awarded a contract by an LNG export venture on the US Gulf coast headed by former Louisiana Governor Charles E. Roemer.

Our Europe editor

Deltamarin, a Finnish ship design, offshore engineering and construction group, said it signed a contract to design the world's first handysize bulk carrier to use liquefied natural gas as a fuel and to be built at an inland Chinese shipyard on the Yangtze River.

South Korean shipyards, the largest builders of liquefied natural gas carriers, are facing falling orders for new LNG vessels as the current fleet is at more than its optimum level, while the slump in contracts for other types of ships has been even harsher.

OLT Offshore LNG Toscana, the Italian import facility deployed offshore the Mediterranean coast, will provide peak-shaving services for a third consecutive year from a cargo of 72,000 cubic metres of liquefied natural gas.

Our North America editor

The United States is well positioned to become a key player in global liquefied natural gas as its proved reserves have soared again, posting a 10 percent rise in 2014 to a record 388.8 trillion cubic feet even as lower prices have curtailed drilling activity and reduced operating economics.

The Alaska LNG project's management committee is scheduled to meet on December 4 when a unanimous vote of all partners will be required to continue preliminary front-end engineering and design of the liquefaction and export venture amid upheaval in the state's stake-holding company.

Our Asia-Pacific editor

Energy World Corp., the Australian-listed liquefied natural gas development company from Hong Kong, is aiming to complete its Indonesian liquefaction plant and Philippines LNG import terminal in 2016 as it also advances small-scale fueling plants amid other ventures in Australia.

Our Asia-Pacific editor

The Chinese government is reducing the domestic prices for natural gas to try and stimulate demand for LNG and pipeline supplies amid a worldwide gas glut coupled with China's economic slowdown.

US company Black and Veatch said it was continuing to develop its liquefied natural gas business with offshore processing facilities such as the regasification topsides provided for the first Floating Storage and Regasification Unit being built in China.

Our Europe editor

Tuesday, 24 November 2015

The Dunkirk LNG import terminal in the French Channel port has been connected to the natural gas transmission network by France's GRTgaz.

BG Group said its Australian LNG project and coal-seam gas subsidiary QGC plans to spend A$1.7 billion (US$1.2Bln), ahead of its takeover by Royal Dutch Shell, in further developing its feed-gas resources in the Surat Basin of Queensland.

News Nudges

Cameron LNG stays on track

The Sempra Energy head of infrastructure businesses, Joseph Householder, said the US Cameron LNG export project in Louisiana remained on track after experiencing some weather-related construction delays. Householder said the California-based utility and energy company and its French and Japanese partners, Engie, Mitsui and Mitsubishi were committed to the current Cameron schedule for the first of three liquefaction Trains to be on stream by early 2018. “The commitment of each of our partners and customers to get the project finished and into operation is completely there,” Householder told a meeting of analysts.


Egyptian gas supply increases

BP of the UK said it had started natural gas production from the first two fields of the West Nile Delta development in Egypt. The West Nile Delta venture and the Zohr gas project in the East Mediterranean are expected to lessen current Egyptian dependence on LNG to meet domestic demand. The project was delivered eight months ahead of schedule and the first gas was delivered to Egypt’s national grid. “The commissioning of all nine wells of the development’s first two fields and ramp up to stable operations has now been completed,” said BP.


Clean Energy makes choice

Clean Energy Fuels Corp., the LNG and gas fuel company and station network owner on the US West Coast, said it appointed Frank Meyer as President of its compression subsidiary. Clean Energy, based in Newport Beach in California, said Meyer brought 24 years of leadership experience after serving in a variety of roles.