In this issue

 

Natural gas utility company boosts presence with ‘Blue Skies’ message LNG Journal editor China Gas Holdings, the largest independent Chinese city-gas distributor and owner of 555 filling stations for gas-powered vehicles, posted…
LNG Journal editor Qatar Petroleum said it would now raise production capacity to 126 million tons per annum by 2027, an additional 16 MTPA from the previous expansion plan and…
Qatar Petroleum said the fabrication has been completed of the first two steel tubular structures required for offshore facilities as part of its North Field Expansion (NFE) project to increase…
Free ReadLNG Journal editor Malaysian Prime Minister Mahathir Mohamad and his wife have attended the naming ceremony near the port of Busan in South Korea of the second liquefied natural gas…
South Korea has completed the construction of a liquefied natural gas storage and distribution facility on the southern resort island of Jeju to help bring security of power supply while…
Indian liquefied natural gas imports rose for a seventh month in the current fiscal year as the increase in volumes gathered pace with cargoes arriving from Qatar and West African…
Free ReadLNG Journal editor Norwegian-listed engineering company Subsea 7 SA said it would be going ahead with a substantial contract for the second phase of the Julimar-Brunello fields development project linked…
The American Bureau of Shipping, the US classification society, has awarded an approval in principle to Samsung Heavy Industries for an LNG boil-off gas expander system that will become one…
LNG Journal editor The Commonwealth LNG project in the US, a liquefaction and exports plant proposed for the west side of the Calcasieu Ship Channel near Johnson Bayou in Louisiana,…
LNG Journal editor China Offshore Oil Engineering Co. has been awarded a contract to build a second LNG import terminal at Tangshan in northeast Hebei province and the cost of…
Free ReadGaztransport and Technigaz (GTT), the French technology firm for designs of systems for the maritime transportation and storage of liquefied natural gas, said it had completed an LNG terminal and…
Chinese liquefied natural gas imports dropped by around 12 percent in October compared with the same month a year ago because of factory holiday closures and a terminal outage, though…
LNG Journal editor Golar LNG Chairman Olav Troim apologized to shareholders about the recent earnings disappointments and expressed confidence about strategy and the key role of natural gas in the…
Golar LNG, the owner and operator with its affiliates of a fleet of 27 vessels, has been experiencing setbacks in plans to spin off shipping operations and to become an…

News Nudges

Charter rates are steady

Shipping charter rates for LNG carriers in the spot market were steady. Rates were quoted at an average of between $33,000 per day and $30,000 per day West of Suez and at rates of between $32,000 per day and $29,000 per day East of Suez for vessels of between 155,000-165,000 cubic metres capacity, according to various brokers. One-year time charters were steady for the most modern vessels and were seen at rates of around $43,000 per day. Brokers said West of Suez activity included a handful of fixtures and free-on-board transactions.


Norwegian plant restart

Equinor of Norway said it would restart Europe’s only baseload LNG export plant at Hammerfest on June 18 after scheduled maintenance of several weeks has been completed. Equinor’s liquefaction plant shut-down reduced natural gas production by 18 million cubic metres per day from the Snohvit feed-gas field. The single-Train Hammerfest plant supplies cargoes to LNG import terminals such as those in Spain and in northwest Europe from the Netherlands to Lithuania.


Gladstone award for KBR

Energy engineer KBR was awarded an energy efficiency study from Australia’s Santos for its Gladstone LNG plant on Curtis Island in Queensland. KBR will assist GLNG in identifying potential modifications to boost the operations at the facility through improvements to thermal efficiency while also accounting for the associated reduction in carbon emissions. GLNG is a joint venture of Santos, Malaysia’s Petronas, France’s Total, and Korean Gas Corp.