In this issue

 

Free ReadMitsubishi Heavy Industries has held a naming ceremony for its latest liquefied natural gas carrier newbuild ordered by Japanese trading house Mitsui & Co. to deliver shipments to Japan from…
LNG Journal editor Freeport LNG in Texas is shipping its first cargo to the Middle East in a move underscoring the benefits of the US shale boom that has boosted…
LNG Journal editor Sempra Energy, the California-based utility and owner of the Cameron LNG export plant in Louisiana, said its Mexican subsidiary had reached agreement with the regulators in Mexico…
Free ReadLNG Journal editor Norwegian company Hoglund Marine Solutions has been awarded a contract by shipping company Bergen Tankers to deliver a cargo-handling system for the LNG bunkering vessel “Bergen LNG”.…
Chart Industries, the US LNG equipment maker, said it received full notice to proceed for the production of cold boxes and brazed aluminum heat-exchangers for Venture Global’s Calcasieu Pass liquefied…
Knutsen OAS Shipping, the Norwegian LNG and tanker fleet owner with more than 30 vessels, has chosen Dutch-based AkzoNobel to supply marine coatings for its latest newbuilds from the South…
Free ReadLNG Journal editor The Indian Hiranandani Group with plans to deploy a floating storage and regasification unit within months for LNG imports at Jaigarh port, south of Mumbai, has signed…
Indian liquefied natural gas imports increased for a fourth month of the current fiscal year as volumes received rose more than 9 percent with supplies coming from countries such as…
LNG Journal editor Papua New Guinea said it would honour a natural gas agreement with French energy major Total signed with a previous government for the Oceania nation's liquefied natural…
Australian and Japanese energy companies along with US major ConocoPhillips have signed accords linked to legislation implemented by Australia for a treaty with the tiny southeast Asian nation of Timor-Leste…
Free ReadFranco-US company reports revenue surge and boosts orders for LNG and subsea LNG Journal editor TechnipFMC, the Franco-US energy engineering company, signalled a resurgence in energy investment as it posted…
LNG Journal editor French energy major Total said second-quarter adjusted net income dropped 19 percent to $2.88 billion from $3.55Bln in the same three months of 2018 in results offset…
Total plans to develop liquefied natural gas imports in the tiny West African nation of Benin, whose neighbour Nigeria is the world’s fifth-largest LNG exporter.
LNG Journal editor Chinese liquefied natural gas imports for June increased by 14.9 percent and the shipments for the first half put the country on track for another year of…

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.