In this issue

 

The Canadian Government under Liberal Prime Minister Justin Trudeau has overhauled the federal environmental review process to give more consideration of the climate-change impact of pipeline ventures and liquefied natural…
Our Asia-Pacific editor Japanese annual liquefied natural gas imports fell 3.9 percent in 2015 and the nation saved almost $20 billion in costs because of the plunge in energy prices…
Singapore Exchange (SGX) has launched new financial derivatives in the form of futures and swaps linked to its weekly index of spot prices for liquefied natural gas traded in the…
Our Asia-Pacific editor FMC Technologies, the Houston-based liquefied natural gas and energy company, said it signed an agreement with Woodside Petroleum for a venture that will help prolong the lifespan…
Australian energy company Santos said its Gladstone coal-seam-gas-to-LNG project produced 544,000 tonnes of LNG during the fourth quarter and has shipped 11 cargoes to Asian customers, while over 40 cargoes…
Our North America editor AltaGas, the Canadian natural gas and utility business, was awarded a 25-year LNG export licence by the National Energy Board for a floating export plant being…
The Nordic liquefied natural gas market is developing along small-scale distribution lines and with progress in the building of two import terminals at ports in Finland.
Chevron Corp., one of the main LNG developers in the Asia-Pacific region with two projects in Australia, is also increasingly active in China and said it had begun natural gas…
The Government of Gibraltar has begun the environmental review process for its first liquefied natural gas import and storage terminal that will be linked to a gas-fired power project.
Our Asia-Pacific editor Clough of Australia has won a second contract in successive days for the Ichthys LNG project. It has been chosen to commission the Floating, Production, Storage and Offloading…
ExxonMobil Corp., one of the largest liquefied natural gas players, said natural gas was expected to meet about 40 percent of the growth in global energy needs and demand for…
Australian major weathers oil storm with development plans progressing Our Asia-Pacific editor Australia's largest liquefied natural gas operator Woodside said it was focusing on lowering the costs in the Browse Floating LNG project…
Our Asia-Pacific editor Chevron Corp. said it signed a preliminary accord with Chinese energy company ENN LNG Trading to supply cargoes over 10 years from the Australian Gorgon project currently…
Sanchez Energy, the Houston-based company planning the first LNG project targeting shale-gas from the Eagle Ford play in South Texas, said it made further progress in the fourth quarter with…

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).