In this issue

 

The US Department of Energy’s has published data on liquefied natural gas exports for the first quarter of 2016, showing prices of LNG sold from the Cheniere Energy plant at…
Our North America editor in New York Driftwood LNG, a US export development company owned by former Cheniere Energy Chief Executive Chafir Souki and ex-BG Group LNG chief Martin Houston,…
Cheniere Energy, the first liquefied natural gas exporter from the US Gulf Coast after its Sabine Pass liquefaction plant in Louisiana began operations in February, saw its shares surge more…
Our North America editor in New York The US Philly Shipyard in Philadelphia held a ceremonial keel-laying for a second product tanker in a four-vessel LNG-Ready order for American Petroleum…
Liquefaction plant builders around the world feel oil price pressures Our Asia-Pacific editor Japanese liquefied natural gas LNG engineers JGC Corp and Chiyoda Corp have been hurt by the global…
Our Asia-Pacific editor The Japanese government has developed a new strategy for liquefied natural gas in response to the changes in the market, including the start of exports from the…
Air Products of the US, the leading maker of liquefied natural gas processing equipment, has sold its Performance Materials Division (PMD) to Germany’s Evonik Industries AG, a specialty chemicals and…
Our North America editor Royal Dutch Shell has taken delivery of a third liquefied natural gas-powered Offshore Supply Vessel (OSV) at Port Fourchon on the Louisiana Gulf Coast.
Venture Global LNG, a Washington DC-based company, said it raised additional equity investments for the two liquefaction and LNG export plants it is developing in Louisiana, one at Plaquemines on…
The US Federal Energy Regulatory Commission has authorized Cameron LNG, being developed by California-based Sempra Energy and Japanese and French investors, to build two additional liquefaction Trains and five in…
Our Europe editor BMT Group Ltd, the London-based engineering consultant, was awarded the owner’s engineer and lead design consultancy contract for the development of a liquefied natural gas storage and…
Kosmos Energy, a US exploration and development company based in Dallas, Texas, said it was pushing ahead with its plans for a liquefied natural gas project in West Africa using…
Our Europe editor Flogas Britain, the liquefied natural gas provider for commercial and industrial customers, has signed a landmark deal with UK gas distribution company SGN to supply LNG to…
Our Asia-Pacific editor French Minister of the Environment, Energy and Marine Affairs, Segolene Royal, the former partner of current Socialist President Francois Hollande, says she will examine ways to ban…

News Nudges

Algeria gas hand-over

Sonatrach, the Algerian state energy company and operator of two LNG export plants on the North African coast, signed its acceptance of the Touat gas project in southwest Algeria being passed to Groupement Touat Gaz (GTG), a joint venture between Sonatrach and Neptune Energy of the UK. Operation of the facility had previously been in the hands of the project contractor, Spain’s Técnicas Reunidas, since the first gas was sent into the Algerian domestic gas pipeline network in September 2019.


Brunei LNG contract

Brunei LNG has awarded a 10-year contract to local company SPHI Marine to supply three tugboats and one anchor-handling tug to support shipping operations at the Lumut facility. SPHI said the contract included a five-year extension option. The Brunei-owned and flagged vessels will replace the tugs of Dutch firm Kotug, which are currently servicing the LNG plant.


Korea energy orders fall

South Korean shipyards are expecting new firm LNG carrier orders after Qatar booked construction berths, but no new orders have been received in 2020 for oil and gas platforms or offshore facilities, reflecting the depressed state of the energy market. Hyundai Heavy Industries has received no orders for offshore facilities since October 2018 when it signed a $450 million deal with a US oil developer LLOG Exploration to build a floating production system, according to the latest data.