In this issue

 

LNG News Editor:  Venice LNG, a company owned by Italian industrial groups Decal SpA, said it had obtained an authorization decree for the construction and operation of a small-scale LNG…
Free ReadLNG News Editor:  Centrica plc, the UK utility and energy company with a growing LNG market presence, reported a resilient financial performance in the second half of 2020 as the…
Gassco, the Norwegian natural gas pipeline operator and one of the main competitors to LNG in Europe, said it transported record gas volumes to Germany in 2020.
GRTgaz, the French natural gas grid operator and parent company of the main LNG terminals operator, has signed an agreement with the network operator of the Baltic state of Latvia…
LNG News Editor:  Sovcomflot, the Russian shipping line with an overall fleet of 145 vessels, said its LNG carrier, the “Christophe De Margerie”, reached Cape Dezhnev in Russia’s Far East…
Free ReadRussian natural gas company Novatek, the nation’s largest liquefied natural gas developer in the Arctic region, has also been building up the customer base of its small-scale Cryogas-Vysotsk plant on…
CEO Wes Edens says purchase of Golar Partners and Hygo helps goal of having 15 to 20 terminals
LNG News Editor:  LNG Canada, the largest current global liquefaction and export joint venture under construction, is aiming to get back on schedule for a 2025 commercial start-up after work…
Free ReadTechnipFMC, the Franco-US energy engineering business, has re-started the process of spinning off Technip Energies, one of the world’s leading LNG project engineers, and has already put several financial transactions…
LNG News Editor:  Taiwan has just received its first shipment from an expected annual total of 30 cargoes from US exporter Cheniere Energy under a long-term deal signed with the…
Japanese spot LNG prices for contracted and delivered cargoes increased in December jumped by. $2.20 per million British thermal amid growing demand for cargoes in North Asia.
The Ghana LNG import project in West Africa is expecting to complete the venture by around March 2021 with work now focused on the onshore portion after the floating regasification…
Free ReadLNG News Editor  The German Association of Gas Transmission System Operators (FNB Gas), which groups a dozen companies overseeing 40,000 kilometres of natural gas pipeline and other infrastructure, has launched…
LNG News Editor:  Qatargas has completed another LNG shipping feat with the first ever commercial ship-to-ship transfer of a cargo involving a Q-Flex LNG vessel at Subic Bay in Philippines.

News Nudges

Total-Siemens tech plans

French major Total and Siemens Energy of Germany have signed a technical collaboration agreement to study sustainable solutions for reducing carbon-dioxide emissions at liquefied natural gas plants and associated power generation facilities. “Each partner will bring together their best-in-class technologies and combine their know-how to deliver industrial-stage solutions such as combustion of clean hydrogen in gas turbines, competitive all-electrical liquefaction, optimized power generation, the integration of renewable energy in liquefaction plants’ power system,” explained Total.


Gas for Chechnya

Russian natural gas company Gazprom has opened the Mozdok-Grozny gas trunkline to improve supplies to the Chechen Republic, part of Russia's North Caucasian District and which was the subject of two separatist wars from 1994 to 2009. The pipeline crosses under 13 roads and six bodies of water, including the Terek River. An affiliated gas distribution station with an hourly capacity of 247,000 cubic metres was created as part of the project in the North Caucasus region between the Black Sea and the Caspian Sea.


Charter rates rise

Shipping charter rates for LNG carriers in the spot market increased for West of Suez by around $13,500 per day to average between $55,000 per day and $51,000 per day for vessels of 155,000-165,000 cubic metres capacity. In the East of Suez charter market average rates rose by around $4,000 per day to between $43,000 per day and $39,000 per day, according to various brokers.