In this issue

 

Chart Industries, the US LNG and industrial gases equipment provider, has agreed to acquire Harsco Corp.’s Industrial Air-X-Changers business for $592 million in cash as it makes its fourth acquisition…
The delayed Freeport LNG export project at Quintana Island in Texas is moving forward on its expansion plans by selecting a preferred bidder for the fourth processing Train, even as…
Free ReadLNG Journal editor President Donald Trump formally opened the Cameron liquefied natural gas export plant at Hackberry in Louisiana and said the nation was heading for a great energy future…
Sempra Energy Chairman and Chief Executive Jeffrey W. Martin, welcomed the President onto the stage set up for his speech to the several thousand workers and their families. 
Leviathan natural gas project offshore Israel is now more than 80 percent complete LNG Journal editor Noble Energy, the US exploration and production company, has reported that its liquefied natural gas feed-gas…
LNG Journal editor Chevron Corp. finally pulled out of the bidding battle for Anadarko Petroleum and its Mozambique liquefied natural gas stake and US assets, leaving the way clear for…
Free ReadThe Greater Tortue-Ahmeyim Project, the floating liquefied natural gas development offshore the maritime boundaries of Mauritania and Senegal, is making advances as shareholder Kosmos Energy prepares to sell some of…
LNG Journal editor The UK Isle of Grain LNG import terminal on the Medway River southeast of London said it was planning to offer the market 8 million tonnes per…
German energy companies Wintershall Holding and Deutsche Erdoel AG (DEA) have completed their merger and the newly titled Wintershall Dea is now the leading independent gas and oil company in…
The Brownsville Ship Channel is making progress in its development as one of the major liquefied natural gas export waterways with the owner of the Rio Grande LNG project financing…
Free ReadLNG Journal editor Finnish natural gas company Gasum, an LNG supplier and infrastructure operator in Finland, Sweden and Norway reported lower profits and volumes ahead of the opening up of…
LNG Journal editor Sempra Energy said the Cameron liquefied natural gas export plant at Hackberry in Louisiana was in the final stages of commissioning and production would be starting soon…
LNG Journal editor Gibraltar has formally opened its liquified natural gas import terminal as the British overseas territory switches from diesel power to gas-fired electricity and promotes cleaner fuel for…
Free ReadBahrain, which is set to start LNG imports soon, has signed an exploration and production sharing agreement with Eni, the Italian energy company with a recent record of huge natural…

News Nudges

Pemex adds to gas projects

Mexican state energy company Petróleos Mexicanos (Pemex) is seeking a 2020 budget of 523,425 billion pesos ($27 billion), an almost 9 percent increase from the amount approved by the government for 2019. Pemex is focusing on brings natural gas fields on stream to reduce the medium-term financial burden of LNG and pipeline natural gas imports and about half of the 2020 budget will go on exploration and production. The onshore Ixachi natural gas and condensate project in Veracruz state is one of the fields being targeted as the nation’s third-largest upstream project. Pemex plans to drill 47 wells at Ixachi, where natural gas output is expected to reach more than 635 million cubic feet per day. Ixachi is one of 20 fields with accelerating development plans as Pemex seeks to reverse more than 10 years of declining oil and natural gas output.


OLT Offshore on track

OLT Offshore LNG Toscana’s terminal offshore the west coast of Italy will work at 100 percent of its capacity with 41 slots being used for the Gas Year 2019-2020 with the total allocated capacity amounting to 6.3 million cubic metres. “This confirms the effectiveness of the new allocation capacity mechanism via auctions introduced in 2018, which makes the regasification sector more flexible and in line with market demands, both for the spot market and the long-term and medium-term ones,” said OLT Offshore. The “FSRU Toscana” offshore the port of Livorno will also be increasing the small-scale services available once modifications are completed. Small-scale commercial activities are expected to begin in 2021, allowing slots for small carriers to deliver LNG into storage under construction at regional ports for services such as the provision of trucking fuel and bunkering.


GTT storage tank orders

French LNG storage tanks technology company Gaztransport & Technigaz (GTT) said it received two separate orders from the South Korean shipyard Hyundai Heavy Industries on behalf of two Greek shipping lines, Tsakos Energy Navigation and Capital Gas Carriers. Both vessels will have storage capacity of 174,000 cubic metres. “GTT will design the tanks of the vessels, which will be fitted with the Mark III Flex membrane containment system,” said the Paris-based company. “The delivery of the ships is planned during the fourth quarter of 2021,” added GT.