In this issue

 

LNG News Editor:  Gazprom has held a virtual commissioning ceremony for the first production Train at the Amur Gas Processing Plant, one of the world’s largest and part of the…
McDermott International, the US energy and LNG engineering firm, and China’s Sinopec International Petroleum Service Corp, have received the conditional award of a $2-billion contract from France’s TotalEnergies to give…
The Scottish terminal includes two insulated storage tanks and a ship bunkering station 
Free ReadLNG News Editor:  Tellurian Inc., the developer of the Driftwood LNG export project in Louisiana, has finalized a second LNG supply deal with international commodities company Vitol after previously signing…
Novatek, the Russian natural gas developer of the Arctic LNG II project, has concluded two initial liquefied natural gas supply accords with global commodities firm Glencore and with China’s Zhejiang…
LNG News Editor:  Sakhalin Energy, the operator of the Sakhalin II LNG plant in the Russian Far East supplying four North Asian nations, has started scheduled maintenance at infrastructure facilities…
Kinder Morgan, the US pipeline giant and key shareholder in the LNG export plant in Georgia and the Gulf LNG project in Mississippi, has agreed on the $1.22 billion acquisition…
Free ReadStabilis Solutions, the liquefaction plant operator and supplier to the small-scale LNG market in the United States, has completed the acquisition of another facility in Louisiana. Stabilis said the acquisition…
LNG News Editor:  Intercontinental Exchange, the leading global provider of trading platforms and clearing, has posted record activity in two key LNG trading derivatives, the European benchmark Dutch Title Transfer…
LNG News Editor:  Global investment in energy is set to rebound by nearly 10 percent during 2021 to $1.9 trillion, reversing most of last year’s drop caused the Covid-19 pandemic,…
Free ReadLNG News Editor:  Höegh LNG Holdings, the Norwegian shipping company acquired in a takeover by Norwegian interests and a unit of US investment bank Morgan Stanley, posted a wider loss…
Excelerate Energy, the US pioneer of floating liquefied natural gas import terminals, said the FSRU “Exemplar” has returned to the Argentine port of Bahia Blanca to support the South American…
Burckhardt Compression, the Swiss manufacturer of compressor systems and a service provider for LNG and other markets, has closed its fiscal year with higher sales and profits as it forecast…
LNG News Editor:  A Western Australian mining company targeting one of the largest known remaining global resources of premium ore called kaolin has advanced towards the start-up of its project…

News Nudges

TotalEnergies strategy

TotalEnergies Chief Executive Patrick Pouyanné told a virtual energy conference that while everyone wanted an energy transition to cleaner fuel and there was “huge pressure” to quit fossil fuels it remained a fact that these same fossil fuels currently represent 80 percent of the energy supply today on the planet. Regarding decarbonization strategies, Pouyanné said carbon offsets do not help and TotalEnergies remained focused on cutting emissions directly from its operations. “We are building a multi-energy company with oil and gas, but also renewables and electricity,” added Pouyanné. The CEO said he remained “bullish” on natural gas, and LNG in particular, because TotalEnergies sees natural gas as the right choice for the energy transition.


Qatar Energy debuts

Qatar Petroleum, owner of the world’s largest LNG export plant at Ras Laffan in the Gulf, has changed its name to Qatar Energy. “It’s more of a reflection of what we’re actually doing that wasn’t reflected by the name that we had,” said President and Chief Executive Saad Sherida Al-Kaabi.


Revenna ship named

Italian utility Edison and Knutsen OAS Shipping of Norway have held a naming ceremony at the northeast Italian port of Ravenna for the 30,000 cubic metres capacity LNG carrier, “Ravenna Knutsen”. The vessel will serve a small-scale LNG import terminal joint venture at the port. The terminal will supply at least 12,000 trucks and up to 48 ferries per annum with LNG fuel.