In this issue

 

Japanese spot LNG cargo prices were at an average of $8.30 per million British thermal units in January 2019 on a contracted basis, $0.90 per MMBtu lower than the previous…
Perenco, the European energy company with a stake in the Cameroon floating LNG production project in West Africa as well as natural gas fields and infrastructure in the UK area…
LNG Journal editor Pieridae Energy, developer of the German-backed Goldboro LNG export project in the Canadian province of Nova Scotia, has entered into agreements for a private placement of shares…
German LNG Terminal, the joint venture company developing the European nation’s first regasification facility at Brunsbuettel on the Elbe River near the port of Hamburg said it had reached another…
Liquefaction benefits increased with fresh volumes coming from Australia and Russia LNG Journal editor French energy major Total said fourth-quarter net income rose by 10 percent to $3.16 billion and…
LNG Journal editor US regulators are moving forward with the Pointe LNG project proposed for the East Bank of the Mississippi River, which would be the second riverbank export facility…
Fluxys, the Belgian natural gas network operator and owner of the Zeebrugge LNG terminal, has joined forces with Dutch company Titan LNG for a bunkering pontoon project to make LNG…
LNG Journal editor Intercontinental Exchange, the operator of global platforms and clearing houses for energy and commodities, reported record trading in the continental European natural gas Dutch Title Transfer Facility…
Pieridae Energy, the Canadian exploration and production company and developer of the Goldboro LNG export project in Nova Scotia with German-backed funding and sales accords, has signed a benefits agreement…
The Shanghai Petroleum and Natural Gas Exchange said natural gas transactions reached a record high last year as demand jumped because of gas replacing coal in the general energy mix…
LNG Journal editor GRTgaz, the French natural gas pipeline network operator whose subsidiary Elengy operates three LNG import terminals, has outlined its 10-year development plan, including expansion and upgrades at…
LNG Journal editor Wood Group of the UK and KBR of the US have won a contract to deliver integrated front-end engineering and design for Royal Dutch Shell’s Crux project…
LNG Journal editor South Korea’s shipbuilding industry, the largest builder of LNG carriers, is advancing with plans for consolidation and an overhaul organized by state-run Korea Development Bank, with Hyundai…
The American Bureau of Shipping, US classification society, has launched a new guide for liquefied natural gas tank barges with remote control and monitoring of essential systems. 

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.