LNG

LNG Journal editor

Westport Fuel Systems Inc., the Canadian-based supplier of LNG and compressed natural gas vehicle engine and storage technology and components, has named David M. Johnson as its new Chief Executive. 

Japanese spot LNG delivered cargo prices were at an average of $10.60 per million British thermal units in December, a rise of $2.50 per MMBtu compared with the price the previous year of $8.10 per MMBtu, though lower than the November 2018 price. 

Japanese shipping line outlines challenges facing industry from IMO limits and global economics

LNG Journal editor

Mitsui OSK Lines, the Japanese shipping company whose operated fleet includes almost 100 LNG carriers, said that in an uncertain political and economic environment in the year ahead, one issue that would have a notable impact on the global shipping industry is the enforcement of new sulfur-oxide emissions regulations in January 2020. 

LNG Journal editor

Russian shipping line Sovcomflot has placed an order at Zvezda Shipbuilding for construction of three new generation product carriers powered by liquefied natural gas as their primary fuel. 

Alaska Governor Michael J. Dunleavy has named four new members to the seven-member board of directors governing the Alaska Gasline Development Corp., the state company aiming to build the Alaska LNG project to supply Asian nations. 

LNG Journal editor

Ophir Energy, the UK company that planned a floating LNG export project offshore Equatorial Guinea, has been told by the West African nation that its exploration and production licence that underpinned the project has not been renewed. 

Jera Trading (Jerat), the joint trading venture between Japanese LNG and fuel procurement and utility company Jera Co. Inc. and French firm EDF Trading established in April 2017 following the acquisition of EDFT’s coal business, is continuing its countdown to becoming Jera Global Markets. 

Tokyo Gas, the utility and importer of around 12 million tonnes per annum of LNG to Japan, has helped start the first non-state natural gas distribution business in Thailand in a joint venture with Japanese trading house Mitsui and three Thai companies. 

LNG Journal editor

Williams, the US pipeline and infrastructure company, said its Gulf Connector project has been placed into full service to expand its Transcontinental Gas Pipe Line (Transco), the nation’s largest interstate natural gas pipeline, with more liquefied natural gas ventures. 

The newest US export plant at Corpus Christi in Texas has been given the go-ahead to begin commissioning the second liquefaction Train as operator Cheniere Energy continues to ramp-up the first Train after staring commercial operations and shipping its first cargo in December.