In this issue

 

LNG Journal editor Gasum, the Nordic LNG distributor owned by the state of Finland, said it continued to develop as a company over the past year marked by parliamentary elections…
MAN Energy Solutions, the Denmark-based subsidiary of the German engine-maker, has won the order to supply engines for a shuttle ferry newbuild for Tallink Grupp, the Estonian shipping company, and…
Germany utility and energy company Uniper outlined its strategy of focusing more on pipeline natural gas, LNG and gas-fired power while exiting coal as it swung to an annual profit…
Free ReadPavilion Energy, a unit of Singaporean wealth fund Temasek, and Singapore LNG Corp. have further strengthened their cooperation through the signing of a five-year agreement for liquefied natural gas storage…
Inpex Corp., the developer of the Abadi onshore liquefaction and export plant in Indonesia, has awarded the Netherlands-based geo-data company Fugro a large marine survey contract to conduct geophysical and…
First Gen Corp. plans to fast-track Batangas  joint venture with initial FSRU charter LNG Journal editor First Gen Corp. of the Philippines plans fast-track the LNG and power hub near…
LNG Journal editor Royal Dutch Shell is marketing what it calls “carbon neutral” LNG cargoes and has traded three so far to boost its green corporate credentials and those of…
Free ReadCryopeak LNG Solutions, a small-scale liquefied natural gas supplier, said it completed the largest ever North American delivery of LNG by truck and trailer to a mine in the Canadian…
Kate Energy Holdings Inc., the Canadian company based in Calgary, has entered into a long-term master services agreement with Ferus Natural Gas Fuels Inc. to secure liquefied natural gas from…
LNG Journal editor The Australian project developer of the US Magnolia export plant in Louisiana with an agreement to supply shipments to Vietnam is now likely to be taken over…
Free ReadElba Island LNG, the small US export facility near Savannah in Georgia, was been given permission by regulators to start commercial services from the fifth Train in its Moveable Modular…
LNG Journal editor McDermott International, the US LNG and energy engineering company overhauling its finances after Chapter 11 bankruptcy protection proceedings, said it was moving forward with the previously agreed…
LNG Journal editor Italian energy company Eni has signed a series of agreements with the government of Egypt and state-owned companies to prepare for the re-opening of the nation’s Damietta…
LNG Journal editor Italian energy company Eni and Sonatrach, the Algerian state-run company and LNG producer, have completed the construction of the natural gas pipeline connecting the Bir Rebaa Nord…

News Nudges

Gazprom posts loss

Gazprom, the main pipeline gas competitor to LNG in Europe and China, said first-quarter gas sales revenues dropped by 24 percent to 1.73 trillion roubles ($24.52 billion) compared with 2.29 trillion roubles ($32.3Bln) in the same period in 2019. The company reported a first-quarter net loss of 116 billion roubles ($1.64 Bln), compared with a net profit of 536Bln roubles ($7.5Bln) in the 2019 first quarter. Overall natural gas sales dropped by 13 percent to 138.1 billion cubic metres from 158.9 Bcm in the 2019 first quarter.


Australian exports fall

Australian LNG shipments in June were down by eight compared with May, primarily due to scheduled maintenance at the Gorgon plant on Barrow Island in Western Australia. “Australian projects shipped 5.9 million tonnes (85 cargoes) in June, compared with 6.4MT (93 cargoes) in May,” said a report by consultants EnergyQuest. “In June there were still a large number of cargoes that have had their delivery delayed.


Czech LNG station

GasNet, the natural gas distribution company of the Czech Republic, launched its first mobile public self-service LNG filling station. The station is located in Klecany near Prague and is a short distance from the D8 motorway. “This modern and environmentally friendly technology is available 24/7 to truck drivers,” said GasNet.“LNG truck drivers can now refuel in Klecany in the Volvo Group Truck Centre Prague-North. The public gas station is only 8km from the capital, is self-service and open 7 days a week, 24 hours a day,” added GasNet.