In this issue

 

Japanese liquefied natural gas imports tumbled 15.8 percent last month and cargoes from Russia surpassed those from the Middle East while shipments from US export plants dropped.
Free ReadIndian liquefied natural gas imports dropped for a fourth month and by more than 10 percent as the costs of shipments rose at a slower pace and the debut of…
LNG News Editor:  French liquefied natural gas storage technology firm Gaztranzport and Technigaz (GTT) reported a more than 20 percent drop in revenues in 2021 and net income was down…
LNG News Editor:  The US Department of Energy published its latest liquefied natural gas monthly export data showing prices for the six plants and with the United Kingdom, Turkey, France…
Free ReadLNG News Editor: Australian LNG producer Santos said a final agreement had been signed to give a framework for the Papua New Guinea LNG expansion project that would more than…
Israeli company Delek Drilling, the owner of natural gas resources in the East Mediterranean, is changing its name to NewMed Energy as it expands the Leviathan gas field, increases its…
AGL Energy, the Australian utility whose plans for an LNG import terminal in the state of Victoria were thwarted by regulators, has rejected an unsolicited joint bid of over US$3.5…
LNG News Editor:  China National Offshore Oil Corp. said it completed the concrete castings for the foundations of six of the world's largest LNG storage tanks being constructed for the…
Free ReadThe Impact Assessment Agency of Canada (IAAC) has made funding available to Canadians and Indigenous groups to participate in the impact assessment process for an LNG export project proposed for…
China National Offshore Oil Corp. and Japanese utility Tokyo Gas support major’s CSG reserves quest 
LNG News Editor:  Woodside Petroleum, the leading LNG plant operator in Western Australian, has named the new executive leadership team in the run-up to the completion in the second quarter…
Australian LNG plant operator Santos, which has plant and project stakes in Queensland and in the Northern Territory as well as in Papua New Guinea, reported record free cash flow…
Free ReadLNG News Editor:  Australia shipped fewer liquefied natural gas cargoes in January than it did in the previous month with demand ebbing in North Asia as inventories grew and spot…
The American Bureau of Shipping, the US classification society, said the first liquefied natural gas-powered Newcastlemax bulk carrier in an order of 13 ABS-classed vessels for Eastern Pacific Shipping has…

News Nudges

Chile LNG station

HAM Group of Spain, the developer of a growing European LNG filling station network, is also expanding into South America with a second LNG service station in Chile. HAM Chile will be in charge of the engineering process of the LNG station as part of a joint venture with regional operator Empresas Lipigas. The existing LNG station is located at the fuelling base of trucking company Transportes San Gabriel, in Linares, 300 kilometres south of the Chilean capital Santiago. HAM said the second station would be located in Tabolango in the Valparaíso region and about 10 kilometres from Concón, a coastal city in central Chile and will open in June.


Kyushu LNG trading

Kyushu Electric Power, a long-term LNG buyer with current long-term contracts with the Australian Gorgon LNG and Wheatstone LNG plants, has launched a new subsidiary for LNG trading. “Kyushu has launched a new subsidiary dedicated to supply to meet emerging demand,” said the company.


Novatek GDRs

Novatek, the Russian natural gas company and operator of the Yamal LNG plant in northern Siberia and the Arctic LNG II project hit by sanctions over the Ukraine invasion, has issued a notice through the London Stock Exchange on continuing its Global Depository Receipt (GDR) trading. “The Russian Federation Government Commission on Monitoring Foreign Investment authorized Novatek not to terminate its Global Depository Receipt (GDR) program and to continue GDR circulation outside the Russian Federation,” said the statement.