In this issue

 

EDF Trading, a unit of the French utility and energy company, has named Sophie Ducoloner as a senior manager in its liquefied natural gas division after hiring her from Russia's…
UK-based LNG and energy engineering Amec Foster Wheeler has begun its search for a new Chief Executive to replace Samir Brikho, who is stepping down amid a structural overhaul in…
Our Europe editor BG Group of the UK said its LNG Shipping & Marketing business delivered 282 cargoes during 2015, an increase of 58 percent on 2014, in difficult market…
Our North America editor A United States plan to help build liquefied natural gas infrastructure to coincide with increased LNG carrier traffic on the expanded waterway with US companies sought…
Our Asia-Pacific editor Origin Energy, a stakeholder in the Australia Pacific LNG plant in Queensland that recently shipped its first cargo, has issued a statement to the Sydney stock exchange…
PetroBangla, the state energy company of Bangladesh, is seeking expressions of interest from international and regional companies to set up two more liquefied natural gas import terminals.
A Canadian federal agency, Fisheries and Oceans Canada, has informed the nation's Environmental Assessment Agency that the Pacific NorthWest LNG project, led by Malaysia's Petronas, would have "a low potential"…
UK liquefied natural gas equipment company Parker Bestobell Marine has received an order to supply its cryogenic fuel-gas valves for newbuild tankers being built to run on LNG.
Eagle LNG Partners said it had chosen US equipment-maker Cosmodyne of California to install a small-scale liquefaction plant at its facilities in Jacksonville, Florida, to make fuel mainly for the…
Our North America editor Oregon LNG, one of two liquefaction and export plants proposed for the US Northwest, has refiled a lawsuit in the US District Court in Portland against…
Our Middle East editor Qatargas and RasGas of Qatar, the world’s largest producers, are manging to adapt to the new pricing and delivery requirements that have been the result of…
Our Asia-Pacific editor Many liquefied natural gas LNG players have shifted their focus to developing markets employing new regasification capacity and despite weakened demand and the impact of the oil…
Our North America editor Cheniere Energy said it had delayed the shipping of its first cargo from the US Sabine Pass LNG export terminal in Louisiana until late February or…
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 over-production, huge storage…

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.