In this issue

 

Our North America editor in New York Chart Industries, one of the leading US LNG equipment providers, said that given the continued low oil prices, economic headwinds and weak orders…
One of only two US LNG export projects on the East Coast, the Dominion Cove Point venture on Chesapeake Bay in Maryland, is about one-quarter complete, according to the latest…
McDermott International, the US energy and LNG engineering company, will put its new flagship vessel, the “DLV 2000”, to work offshore Australia on two liquefied natural gas projects.
Our North America editor in New York Cheniere Energy told US regulators its Corpus Christi liquefied natural gas export project in Texas was almost a third complete as its first…
Gaztransport and Technigaz (GTT), the French designer of membrane containment systems for LNG maritime transportation and storage, posted a net profit as the energy technology company averted the worst effects…
Our Europe editor French liquefied natural gas terminals operator Elengy is proposing a pooling service for intra-monthly regasification capacity between France’s three regulated import facilities to enable more arbitrage options.
Our Europe editor IM Skaugen, the Norwegian operator of small-scale LNG carriers and other fuel vessels, narrowed its full-year losses as several bright spots remained in the liquefied natural gas…
Lydall Performance Materials is building up its supply portfolio for liquefied natural gas projects in Australia and the US as infrastructure orders continue, though at a slower pace amid the…
Sevan Marine of Norway said its floating LNG solutions had attracted attention and remains a key part of the company strategy as it reported poor earnings amid cost-cutting.
Our Europe editor Qatargas has signed a memorandum of understanding with Royal Dutch Shell and the Danish tanker group Maersk to explore the development of LNG as marine fuel and…
CME Group, owner of several global trading platforms including the New York Mercantile Exchange (Nymex) for energy products, has formally expanded its range of derivatives with the introduction of a…
Our Asia-Pacific editor Australian energy company Santo, operator of the Gladstone LNG project in Queensland and with stakes in two other plants, posted full-year losses of A$2.7 billion (US$1.9Bln) as…
Majors ExxonMobil, ConocoPhillips and BP are still fully committed to venture Our North America editor The three energy majors involved in the Alaska LNG project have agreed to explore options to…
Our Asia-Pacific editor Australian liquefied natural gas operator and Asia-Pacific energy major Woodside said its potentially large natural gas discoveries offshore Myanmar will be required for domestic use or could…

News Nudges

Greek LNG progress

Greek LNG developer Gastrade said the binding phase of a market test for reservation of capacity at the floating LNG terminal proposed for offshore Alexandroupolis in northeastern Greece was successfully completed. “With an aggregate long-term profile of binding offers for up to 15 years, reaching 2.6 billion cubic metres per year, Greek and international natural gas companies, as well as end-consumers, confirmed their interest in the reservation of regasification capacity at the FSRU terminal,” said Gastrade.


Chinese natural gas

Chinese January-February domestic natural gas production rose 8 percent to 31.4 billion cubic metres with an average daily output of 520 million cubic metres, according to data from the National Bureau of Statistics. Imports of pipeline natural gas and LNG together reached 17.80 million tonnes compared with 17.36MT in Jan-Feb 2019, up 2.6 percent year on year. Domestic crude oil output rose 3.7 percent year on year to 32MT from January to February, while imports increased 5.2 percent from a year earlier to 86.09MT.


Finnish China order

WE Tech Solutions of Finland, the shipping consultancy and equipment provider offering energy efficiency designs, has received a repeat order from Jiangnan Shipyard Group Co. in China to deliver its “Solution Four” package for efficient power distribution for the third new battery and LNG-powered Pure Car Truck Carrier (PCTC) ordered by United European Car Carriers (UECC).