In this issue

 

LNG News Editor:  The Philippines Department of Energy has approved a seventh LNG import project, though the first is not scheduled to come on line until later in 2023 as…
Free ReadThe France-based International Group of Liquefied Natural Gas Importers (GIIGNL) said the LNG industry was making progress in adopting a comprehensive framework developed by GIIGNL on certifying the offsetting of…
New Fortress Energy, the developer of LNG production, regasification and electricity projects and with a small shipping fleet, said its Genera subsidiary was selected by Puerto Rico to manage the…
LNG News Editor:  Macquarie Capital, the investment banking arm of the Australian Macquarie bank group, said it would continue to work with Deutsche ReGas GmbH, the German owner of the…
London-based global shipbrokers Simpson Spence Young have given an upbeat outlook for LNG carrier charters and vessel sales and purchases in the coming year after a record-breaking 2022.
Free ReadThree judges clear way for $1.15Bln and see overreach of Paris Agreement  LNG News Editor:  The UK Court of Appeal has found in favour of a UK government export finance investment of $1.15…
LNG News Editor:  Enagás, the Spanish natural gas grid and LNG network owner, has reached an agreement with the German utility Uniper for the acquisition of a 20 percent stake…
Australian LNG operator Santos delivered a doubling of annual LNG sales revenues while advancing expansion plans in Australia and Papua New Guinea as prices rose with increasing demand even amid an…
Free ReadLNG News Editor:  Novatek, the Russian natural gas company and operator of the Yamal LNG export plant and developer of Arctic LNG II currently under threat from Western sanctions imposed…
Oman LNG, the expanding producer on the Arabian Peninsula, has signed two more supply agreements with TotalEnergies and Thailand’s oil and gas firm PTT for a combined 1.6 million tonnes…
WhiteHawk Energy, the US company with royalty and field assets covering 475,000 gross acres in the Marcellus Shale, has agreed to acquire natural gas assets primarily located in the Haynesville…
LNG News Editor:  The US Department of Energy has published its latest LNG monthly export data showing the UK, France, Turkey, Japan and the Netherlands receiving the most cargoes and…
Free ReadLNG News Editor:  Japan has formally retaken from China its position as the World No. 1 LNG importer with more volumes coming from Australia, Russia and its Asian neighbours even…
LNG News Editor:  Indonesia has approved a revised plan of development costing $3.35 billion for the Merakes and Merakes East natural gas fields to serve the nation’s main LNG export…

News Nudges

OLT Offshore expansion

OLT Offshore LNG Toscana, the company that owns the floating LNG import terminal off the port of Livorno, has received authorization to increase its annual regasification capacity from the current 3.75 billion cubic metres to about 5 Bcm per year. “Thanks to the decree issued on May 26 OLT will be able to receive up to 122 small-scale LNG carriers per year to carry out the small-scale LNG supply service,” said the company.


Woodside contract awards

Woodside Energy, the Australian operator of the North West Shelf and Pluto LNG export projects, has completed the award of all major contracts for the decommissioning of subsea infrastructure at the Enfield, Griffin, Stybarrow and Echo Yodel oil and gas fields offshore Western Australia. The upcoming work will follow successful decommissioning activities which have been underway at the Enfield and Balnaves fields. “Specialist contractors engaged to undertake activities during the subsea decommissioning campaign include TechnipFMC, Heerema, McDermott, Fugro, DOF and McMahon.


CNOOC reaches out

China National Offshore Oil Corp., the Chinese major and LNG importer, has moved to improve its relationships with Western and domestic institutional investors and analysts by holding a series of meetings. “The purpose of this activity is to strengthen the communication between the company and institutional investors and to enhance institutional understanding of the company and the industry,” said CNOOC. The company said it hosted Chinese and Western investment banks over the past week at its Shenzhen offices and at project sites.