In this issue

 

Gastrade, a Greek utility company and developer of the Alexandroupolis floating LNG terminal, has launched the second phase of a market test for the project to gauge demand in Greece…
Free ReadLNG Journal editor Pavilion Energy, the Singapore LNG and natural gas market participant, has completed the transaction to acquire portfolio of LNG and gas assets of Spanish utility Iberdrola as…
A total of 16 US states, including New York, California and Maryland are opposing proposals to transport liquefied natural gas by railcars because of what they see as the risk…
Exmar, the Belgian shipping company with more than 40 vessels in its fleet now mostly focused on the liquefied petroleum gas business, has made executive changes as it tries to…
Free ReadLNG Journal editor Gassco, the Norwegian natural gas pipeline operator and one of the main competitors to LNG, transported 106.99 billion cubic metres of gas through the pipeline systems from…
Gazoduq Inc., the Québec natural gas pipeline developer, has completed the solicitation process for non-binding expressions of interest for transportation services on its proposed 780-kilometre underground natural gas line leading…
LNG Journal editor US LNG and industrial gases company Air Products said it had made its largest investment in the United States amounting to $500 million following other recent contract…
LNG Journal editor China National Offshore Oil Corp., the owner of nine Chinese LNG import terminals and multiple oil and gas stakes, has outlined its business strategy and development plan…
Free ReadJapanese spot liquefied natural gas cargoes delivered in December cost almost $4 per million British thermal units less than the price in the same month of the previous year as…
China likely imported a record 61 million tonnes of LNG during 2019, a 13.5 percent increase on the previous year and consolidating its position as the No. 2 importer after…
LNG Journal editor Australian LNG plant operator Woodside Petroleum said the Greater Enfield offshore venture underpinned a solid result in a quarter in which significant progress was achieved on the…
Woodside said the Government of Senegal had approved the Sangomar offshore joint venture development plan, one of the several major projects going ahead in the West African Atlantic Margin, including…
Free ReadGulf nations arrange cargo deal for region’s largest import facility to be built to far LNG Journal editor Qatar Petroleum has signed a long-term supply agreement with Arab Gulf neighbour…
LNG Journal editor Sempra Energy, the California-based utility and liquefied natural export plant developer, said it signed an accord for Saudi Aramco, the oil company of Saudi Arabia, to take…

News Nudges

Charter rates are steady

Shipping charter rates for LNG carriers in the spot market were steady. Rates were quoted at an average of between $33,000 per day and $30,000 per day West of Suez and at rates of between $32,000 per day and $29,000 per day East of Suez for vessels of between 155,000-165,000 cubic metres capacity, according to various brokers. One-year time charters were steady for the most modern vessels and were seen at rates of around $43,000 per day. Brokers said West of Suez activity included a handful of fixtures and free-on-board transactions.


Norwegian plant restart

Equinor of Norway said it would restart Europe’s only baseload LNG export plant at Hammerfest on June 18 after scheduled maintenance of several weeks has been completed. Equinor’s liquefaction plant shut-down reduced natural gas production by 18 million cubic metres per day from the Snohvit feed-gas field. The single-Train Hammerfest plant supplies cargoes to LNG import terminals such as those in Spain and in northwest Europe from the Netherlands to Lithuania.


Gladstone award for KBR

Energy engineer KBR was awarded an energy efficiency study from Australia’s Santos for its Gladstone LNG plant on Curtis Island in Queensland. KBR will assist GLNG in identifying potential modifications to boost the operations at the facility through improvements to thermal efficiency while also accounting for the associated reduction in carbon emissions. GLNG is a joint venture of Santos, Malaysia’s Petronas, France’s Total, and Korean Gas Corp.