In this issue

 

LNG Journal editor

Woodside Petroleum, the operator of North West Shelf and Pluto liquefied natural gas plants and a stakeholder in the Wheatstone facility, said it had made investments in two online LNG trading and data platforms in a move to bring greater price transparency, efficiency and compliance to markets. 

Russia delivered a record amount of liquefied natural gas to Europe in February from the Yamal export plant in the Arctic region and became the biggest monthly supplier to the continent for the first time, overtaking Qatar, Nigeria and Algeria. 

Santos, the shareholder in two Australian liquefied natural gas LNG export plants and in Papua New Guinea LNG, has priced a US$600 million fixed-rate bond and said the transaction was many times over-subscribed with demand from global financial institutions.

LNG Journal editor

The Alaska Gasline Development Corp., the US state agency responsible for overseeing the Alaska LNG project, has received a major regulatory permit for its $10-billion stand-alone North Slope pipeline to supply domestic customers and feed-gas for LNG if needed. 

LNG Journal editor

The US Department of Energy has issued a long-term order authorizing the export of domestically produced liquefied natural gas by the Venture Global company, developer of two LNG export projects in Louisiana. 

LNG Journal editor

Cheniere Energy, owner of the Sabine Pass and Corpus Christi LNG export plants on the US Gulf Coast, has given notice to proceed to builders of the Midship Pipeline project to enable transportation of feed-gas and domestic volumes from the prolific Anadarko Basin in Oklahoma to the Gulf Coast. 

Arup Group, the UK-based global engineering company, has been appointed by a US LNG export project planned for Cameron Parish to advise on the installation of the region’s first modular LNG storage tanks. 

KBR Inc., the US energy and LNG engineering company said it was awarded a preliminary engineering and design contract by Mexico Pacific Ltd (MPL) for a US-led midscale LNG liquefaction and export project at Puerto Libertad on the Pacific coast of Mexico. 

LNG Journal editor

French energy major Total has signed agreements with Russian natural gas company Novatek, operator of the Yamal LNG export plant, for the acquisition of a direct 10 percent stake in the Arctic LNG II joint venture proposed by Novatek for Russia’s Gydan Peninsula. 

Oman is planning to increase its natural gas production for domestic use and LNG exports to such an extent that the sultanate in the Arabian peninsula will see gas output levels overtaking oil by around 2025. 

LNG Journal editor

South Korea is seeking to reduce the operation of coal power plants because of rising levels of pollution and convert them to gas-fired plants using imported LNG shipments, though is being cautious about the timetable because of the higher fuel costs. 

Thailand is securing its domestic production of natural gas in the Gulf of Thailand, as well as its pricing, while expecting more LNG volumes from Mozambique and elsewhere and constructing a new LNG import terminal. 

LNG exporter Adnoc signs partnership accord with leading investors BlackRock and KKR

LNG Journal editor

LNG producer Abu Dhabi and its oil company, the first regional operator of liquefaction and export facilities at Das Island since 1977, has signed a transaction that marks the first time the largest New York-based global equity funds have invested in key midstream infrastructure assets of a national oil company in the Middle East. 

LNG Journal editor

UK major BP has announced the first natural gas flows from its Angelin development in Trinidad and Tobago to help underpin the future of the Caribbean nation’s liquefied natural gas exports and has a 10-year investment plan amounting to around $8 billion. 

News Nudges

Mitsubishi LNG move

Mitsubishi Heavy Industries said its efforts to compete for world-scale LNG liquefaction Train construction projects continues to move forward with the completion of successive technical qualifications conducted by oil majors and engineering companies. “To date, major LNG players, including ExxonMobil, Shell, Total, along with key engineering contractors such as Bechtel of the US, have all completed extensive qualification studies on the Mitsubishi Hitachi Power Systems 120MW H-100 Gas Turbine for use as the mechanical driver in conjunction with well-proven compressors of Mitsubishi Heavy Industries Compressor Corp.,” the Japanese company explained.


Karatha gas deal

UGL, an engineering subsidiary of Australia’s CIMIC Group, has secured a A$190 million (US$135M) contract extension for support work at Woodside Petroleum’s Karratha Gas Plant. The facility, located 1,260 kilometres north of Perth in Western Australia, comprises five LNG processing trains, two domestic gas trains, six condensate stabilisation units, three liquefied petroleum gas fractionation units as well as storage and loading facilities for LNG, LPG and condensate.


Taiwan’s third terminal

Taiwan, the world’s fifth-largest LNG importer, plans to build a third regasification terminal at Tao-Yuan in northwest Taiwan while also expanding its facilities at Tai-Chung and Yung-An in the south of the Island. Taiwanese energy company CPC said building was expected to start by the end of 2019.