In this issue

 

Danish shipping company orders two more support vessels for Australian LNG plant
Our North America editor Canada's National Energy Board has awarded its first 40-year liquefied natural gas export licence to the Royal Dutch Shell-led joint venture with three Asian companies, including…
A former Canadian gold and silver mining town on the northern Pacific Coast of British Columbia may become the location of a liquefied natural gas project after regulators awarded an…
Our Asia-Pacific editor InterOil Corp., the Papua New Guinea liquefied natural gas plant developer and stakeholder, has told US investors that its project was on course to produce the lowest-priced…
LNG Canada, the proposed export plant led by Royal Dutch Shell and to be sited near the British Columbia Pacific coast town of Kitimat, has received a facility development permit…
Our North America editor TransCanada Corp., the main Canadian LNG feed-gas pipeline company with contracts to bring shale-gas from the Montney shale in northeast British Columbia to the Pacific coast,…
Our Europe editor The price of oil-linked LNG has taken a further hit as the price of North Sea Brent crude dropped to an 11-year low on concern about global…
China Insurance Investment Ltd., backed by Chinese insurance companies and local equity funds, plans to direct part of its 40 billion yuan ($6 billion) in assets to the Russian Yamal…
Chinese energy company Sinopec, a shareholder in the Australia Pacific LNG project, said its Fuling shale-gas venture in Chongqing in southwest China now had annual production capacity of 5 billion…
Out Asia-Pacific editor Australian liquefied natural gas player Origin Energy and a joint venture partner have decided to go ahead with investments in the Waitsia gas field project in the…
Woodside Petroleum, Australia's largest LNG operator, said it made a natural gas discovery with good potential in the Rakhine Basin deep water block offshore Myanmar.
Our Asia-Pacific editor Petronet LNG, the largest Indian liquefied natural gas importer, has altered the economics of the market in India by securing a 50 percent price cut in deliveries…
Australian LNG and energy engineering company Clough said the Clough-Amec joint venture was awarded a new three-year contract by ConocoPhillips to provide asset support and operations and maintenance services to…
Our Asia-Pacific editor Pakistan's first liquefied natural import facility in Port Qasim, located on a channel of the Indus River east of the city of Karachi, has regasified around 1…

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).