In this issue

 

Our North America editor Fluor Corp., the Texas-based energy and LNG engineering and construction company, has acquired Stork Holding BV of the Netherlands for around $755M as industry consolidation continues…
Canada has started the first use of liquefied natural gas to fuel trucks at one of the country's largest open-cast mining operations in the province of British Columbia, backed by…
Royal Dutch Shell has advanced with its plans to build a specialised, small-scale LNG bunker vessel to be based in the Port of Rotterdam and to be able to make…
Our North America editor TransCanada Corp may have pulled out of the Alaska LNG project but the Canadian energy and pipeline company is still at the forefront of plans to…
Our North America editor Alaska Governor Bill Walker has thanked BP of the UK and US major ConocoPhillips for committing to sign and make public a Gas Availability Agreement for…
Our Europe editor Mozambique liquefied natural gas development plans, involving a dozen international companies have received much-needed momentum from an agreement signed by Anadarko Petroleum Corp. of the US and…
Our Europe editor The Gulf state of Bahrain has awarded the contract for its first liquefied natural gas import facility to three companies, with Teekay LNG chosen to provide the…
Poland's first liquefied natural gas import terminal at Swinoujscie on the Baltic coast will receive its first cargo from Qatar on December 9 so that engineers can carry out the cool-down…
Our Europe editor The Singapore unit of Russa's Gazprom Marketing and Trading has won the tender to be the sole off-taker from the Cameroon Floating LNG project offshore the West…
Hoegh LNG of Norway, whose US affiliate restates its earnings, has seen its own net profits decline, though it has signed further options for floating LNG project vessels.
Shell has opened new liquefied natural gas re-fueling lanes at a truck station in Santa Nella, California, as it continues its build-out to offer cleaner fuel for long-distance, heavy-duty haulage…
Out Asia-Pacific editor The collaboration in LNG shipping between Mitsui OSK Lines of Japan and a Chinese shipyard is progressing smoothly with the delivery of a third vessel and with…
The LNG carrier spot charter market is now showing the first real signs of recovery on the back of new production capacity starting up and the speed of the revival…
Our North America editor Gaz Metro Chief Executive Sophie Brochu said the Quebec natural gas utility is pursuing a growth strategy in the liquefied natural gas market in North America…

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.