In this issue

 

Kosmos Energy, the US partner of BP in the Mauritania-Senegal floating LNG projects, reported a net profit in the fourth quarter compared with a loss in the year-ago period as…
LNG Journal editor Pembina Pipeline Corp., the Canadian owner of the Jordan Cove LNG export project in the US northwest state of Oregon, has posted solid fourth-quarter earnings as it…
Chinese liquefied natural gas imports rose to a record level last month as shipments continued to be attracted by high North Asian spot prices with the main suppliers such as…
Sempra Energy said that recent agreements signed supported the goal of the California-based utility and project developer to become one of the largest US exporters of LNG with targeted volumes…
LNG Journal editor Cheniere Energy, the leading US LNG producer and exporter with its Sabine Pass plant in Louisiana and the new Corpus Christi facility in Texas, said annual revenues…
LNG Journal editor Air Products, the leading US LNG equipment-maker and industrial gases company, has completed the world’s largest industrial gas complex at Jazan in Saudi Arabia to provide gas…
LNG Journal editor Singapore LNG Corp., operator of the import terminal in the Asian city state, said it successfully completed modifications to its secondary jetty on Jurong Island and was…
Western Canadian natural gas producers have formed a consortium to explore ways of sending their resources to market, including the possibility of planning their own LNG export project in British…
Pavilion Energy said it would be chartering its first liquefied natural gas bunkering vessel to supply LNG fuel in the Port of Singapore and the Japanese-owned ship will have 12,000…
LNG Journal editor Flex LNG, the growing LNG shipping company with four vessels operating and nine others on order and whose largest shareholder is a company controlled by Norwegian magnate…
Hoegh LNG, the Norwegian fleet owner and floating import project developer, reported rising profits as it advanced with projects to supply two Australian states with natural gas, while focusing on…
LNG Journal editor Crowley Maritime Corp., one of the US shipping lines pioneering vessels with LNG fuel capability, marked its commitment to the Florida-Puerto Rico trade route with a ceremony…
Enagas, the Spanish natural gas network owner and LNG terminals operator, reported firm profits and the 85 percent completion of Trans Adriatic Pipeline, part of Europe’s Southern Gas Corridor. 
Teekay Partners post over 14 percent rise in annual cash flow of $515.3M from fleet LNG Journal editor Teekay LNG Partners, the carrier fleet operator, posted a more than 14 percent increase…

News Nudges

NextDecade LNG post

NextDecade Corp., the developer of the Rio Grande and Galveston Bay LNG export projects in Texas, said its board had elected Matthew W. Bonanno, a non-executive director, to act as interim Chairman following the recent untimely death of Chairman Kathleen M. Eisbrenner. The board expects to appoint a permanent Chairman by NextDecade’s annual meeting of stockholders in July 2019. “Kathleen will be missed by all of us on the board,” said Bonanno.


Zhejiang terminals

Zhejiang Energy, a state-owned company in the eastern Zhejiang province, has signed a cooperation agreement with power and gas company Shenzhen Energy to jointly develop an LNG import terminal on the province’s Liuheng Island. This is Zhejiang Energy’s second terminal project and its first phase would provide 3 million tonnes per annum of capacity and would double in a second phase. The Liuheng Island terminal would include a jetty capable of handling the largest carriers from Qatar with capacity of 266,000 cubic metres and three storage tanks, each of 200,000 cubic metres capacity.


Inpex LNG forecasts

Inpex said that its net sales for the year ending December 2019 are expected to increase mainly due to Australian LNG output. “A steady production ramp-up at the Ichthys LNG project and the commencement of production at the Prelude FLNG project will be offset by an expected drop in crude oil prices,” said Inpex.