In this issue

 

Free ReadGulf nations arrange cargo deal for region’s largest import facility to be built to far LNG Journal editor Qatar Petroleum has signed a long-term supply agreement with Arab Gulf neighbour…
LNG Journal editor Sempra Energy, the California-based utility and liquefied natural export plant developer, said it signed an accord for Saudi Aramco, the oil company of Saudi Arabia, to take…
Sempra Energy, the operator of the Cameron liquefied natural gas export plant in Louisiana and the developer of two other facilities in Texas and Mexico, said it was opening a…
Free ReadLNG Journal editor The Southeast Asian nation of Myanmar is making progress in constructing a liquefied natural gas import terminal to support a regional power plant project backed by a…
Singapore, through the Energy Market Authority, is advancing with plans for a second regasification and storage terminal in the city state as it aims to confirm its position as an…
Greece, Cyprus and Israel have signed an agreement to build a 1,900-kilometre subsea pipeline to transport natural gas from the East Mediterranean to West European markets in competition to LNG.
LNG Journal editor CME Group, the world's leading derivatives marketplace, reported its December and full-year 2019 market statistics, showing it reached average daily volumes in energy of 2.1 million contracts…
Free ReadClarksons, the London-based ship brokers and shipping and financial services company, said it had completed the world’s first LNG freight futures trade at year-end involving two of the leading global…
LNG Journal editor The US Delta LNG project, the third of three export plants being development in Louisiana by the company Venture Global, slightly delayed filing for its regulatory permits…
LNG Journal editor UK maritime security consultants, Dryad Global, reported an attack by a single speedboat with 10 armed men on-board on the liquefied natural gas carrier, “LNG Lokoja”, while…
Free ReadThe Anglo-Australian global commodities, mining and energy company BHP, whose assets include Australian LNG and gas stakes, said it would award a contract in the first quarter of 2020 after…
Air Liquide, the French industrial gases company, said it was marketing an exclusive, patented technology that is perfectly suited to the needs of liquefied natural gas carriers and LNG bunkering…
LNG Journal editor Fluxys Belgium said that the Zeebrugge import terminal had formally started its long-term trans-shipment contract with the Russian Yamal export plant in Russia with the loading of…
Free ReadEuropean natural gas trading in the day-ahead and month-ahead over-the-counter markets in London covering the eight major gas hubs in Europe soared more than 25 percent as prices plunged, according…

News Nudges

Greek LNG progress

Greek LNG developer Gastrade said the binding phase of a market test for reservation of capacity at the floating LNG terminal proposed for offshore Alexandroupolis in northeastern Greece was successfully completed. “With an aggregate long-term profile of binding offers for up to 15 years, reaching 2.6 billion cubic metres per year, Greek and international natural gas companies, as well as end-consumers, confirmed their interest in the reservation of regasification capacity at the FSRU terminal,” said Gastrade.


Chinese natural gas

Chinese January-February domestic natural gas production rose 8 percent to 31.4 billion cubic metres with an average daily output of 520 million cubic metres, according to data from the National Bureau of Statistics. Imports of pipeline natural gas and LNG together reached 17.80 million tonnes compared with 17.36MT in Jan-Feb 2019, up 2.6 percent year on year. Domestic crude oil output rose 3.7 percent year on year to 32MT from January to February, while imports increased 5.2 percent from a year earlier to 86.09MT.


Finnish China order

WE Tech Solutions of Finland, the shipping consultancy and equipment provider offering energy efficiency designs, has received a repeat order from Jiangnan Shipyard Group Co. in China to deliver its “Solution Four” package for efficient power distribution for the third new battery and LNG-powered Pure Car Truck Carrier (PCTC) ordered by United European Car Carriers (UECC).