In this issue

 

Free ReadSaudi Aramco, the company with LNG plans and behind the global energy turmoil because of the Saudi government pledge to increase crude oil production, still has its shares trading at…
LNG Journal editor Japanese spot liquefied natural gas cargoes contracted in February for imminent delivery reflected the combination of an over-supplied market and the first commercial effects of the coronavirus…
The Baltic Exchange Escrow Service continues to gain traction, with new transactions completed in the fourth quarter of 2019 and the first three months of 2020.
Alaska Gasline Development Corp., the lead developers of the Alaska liquefied natural gas export project, said regulators had published the final environmental impact statement for the venture to monetize North…
Free ReadLNG Journal editor The Rio Grande LNG export plant proposed for a 984-acre site in the Port of Brownsville in Texas has been issued with a notice to proceed by…
LNG Journal editor Gaztransport and Technigaz (GTT), the French technology firm for designs of systems for the maritime transportation and storage of liquefied natural gas, with Excelerate Energy of the…
LNG Journal editor Australian liquefied natural gas plant operator Santos reports progress on a coal-seam gas project in northwest New South Wales with up to 850 wells and which the…
Free ReadThe Freeport LNG export plant on Quintana Island in Texas was reached the final commissioning stage for the third Train with feed-gas now being introduced. Freeport already has two Trains…
LNG Journal editor Gasum, the Nordic LNG distributor owned by the state of Finland, said it continued to develop as a company over the past year marked by parliamentary elections…
MAN Energy Solutions, the Denmark-based subsidiary of the German engine-maker, has won the order to supply engines for a shuttle ferry newbuild for Tallink Grupp, the Estonian shipping company, and…
Germany utility and energy company Uniper outlined its strategy of focusing more on pipeline natural gas, LNG and gas-fired power while exiting coal as it swung to an annual profit…
Free ReadPavilion Energy, a unit of Singaporean wealth fund Temasek, and Singapore LNG Corp. have further strengthened their cooperation through the signing of a five-year agreement for liquefied natural gas storage…
Inpex Corp., the developer of the Abadi onshore liquefaction and export plant in Indonesia, has awarded the Netherlands-based geo-data company Fugro a large marine survey contract to conduct geophysical and…
First Gen Corp. plans to fast-track Batangas  joint venture with initial FSRU charter LNG Journal editor First Gen Corp. of the Philippines plans fast-track the LNG and power hub near…

News Nudges

Algeria gas hand-over

Sonatrach, the Algerian state energy company and operator of two LNG export plants on the North African coast, signed its acceptance of the Touat gas project in southwest Algeria being passed to Groupement Touat Gaz (GTG), a joint venture between Sonatrach and Neptune Energy of the UK. Operation of the facility had previously been in the hands of the project contractor, Spain’s Técnicas Reunidas, since the first gas was sent into the Algerian domestic gas pipeline network in September 2019.


Brunei LNG contract

Brunei LNG has awarded a 10-year contract to local company SPHI Marine to supply three tugboats and one anchor-handling tug to support shipping operations at the Lumut facility. SPHI said the contract included a five-year extension option. The Brunei-owned and flagged vessels will replace the tugs of Dutch firm Kotug, which are currently servicing the LNG plant.


Korea energy orders fall

South Korean shipyards are expecting new firm LNG carrier orders after Qatar booked construction berths, but no new orders have been received in 2020 for oil and gas platforms or offshore facilities, reflecting the depressed state of the energy market. Hyundai Heavy Industries has received no orders for offshore facilities since October 2018 when it signed a $450 million deal with a US oil developer LLOG Exploration to build a floating production system, according to the latest data.