In this issue

 

The Canadian province of Ontario is looking at small-scale liquefied natural gas supply operations around Lake Superior with the fuel being delivered by trucks.
Our North America editor in New York A project in Florida called American LNG, controlled by an equity fund and one of seven fully approved LNG export ventures in the…
Our North America editor in New York The Metlakatla First Nation in British Columbia has signed two pipeline agreements backing plans by TransCanada Corp. and Spectra Energy of the US…
Australian company Liquefied Natural Gas Ltd. has extended its lease for the Fisherman’s Landing LNG project site located in Gladstone in the state of Queensland where three other coal-seam-gas-to-LNG projects…
Ordinary Canadians in British Columbia stages rallies in three towns in support of the development of liquefied natural gas projects in the face of growing opposition from the federal government…
Our Middle East editor US floating LNG project company Excelerate Energy said its vessel “Explorer” deployed in the United Arab Emirates has been upgraded to reach a landmark send-out capacity…
IItalian energy company Eni has successfully performed production tests on its new discovery in Egyptian waters of the East Mediterranean, saying the field has “a great production capacity.
Our Europe editor Amec Foster Wheeler, the energy and liquefied natural gas project contractor, returned a solid operational performance as it worked on LNG and feed-gas projects in Australia and…
UK’s Ophir Energy has disappointed in some ventures and advanced in others Our Europe editor Ophir Energy of the UK said it progressed on all fronts on the Fortuna floating…
Japan said the price of spot liquefied natural gas cargoes imported into the country in February was $6.90 per million British thermal units compared with $10.70 per MMBtu in the…
Japanese marine classification society Nippon Kaiji Kyokai, which has almost 60 liquefied natural gas carriers on its books, has named Koichi Fujiwara as its new Chairman and President.
Our Asia-Pacific editor Germany’s Linde has signed an agreement with a US-based liquefied natural gas equipment maker in Pennsylvania, the subsidiary of a Japanese company, to cooperate on small-scale and…
Chevron Corp. said it expected to ship the first cargo from the Gorgon project on Barrow Island off the northwest coast of Western Australia as the US major expressed optimism…
Exmar, the Belgian LNG shipping and project development company has signed a settlement agreement with Pacific Exploration and Production, the successor company to the Pacific Rubiales and its Caribbean Floating…

News Nudges

Narrabri Gas gets go-ahead

Australian LNG plant operator Santos said it welcomed the approval by the Federal Environment Ministry of the Narrabri Gas Project in New South Wales and will now embark on a 12-18 month appraisal program ahead of a final investment decision. Adelaide-based Santos operates the Gladstone LNG plant in Queensland and has a stake in Darwin LNG and the export facility in Papua New Guinea. The Narrabri project is for coal seam gas development with around 850 wells planned.


Asian firms nominated

The France-based International Group of Liquefied Natural Gas Importers (GIIGNL), which has 86 members in 27 countries, has promoted three companies to its Executive Committee at its annual meeting. They are China National Offshore Oil Corp (CNOOC) Gas, Power and Trading, CPC Corp. of Taiwan and Indian importer Petronet LNG. “The increase with three new members from Asia reflects the growing importance of LNG imports in the region,” said the group.


Charter rates firm

Shipping charter rates for LNG carriers in the spot market remained firm in the past week as Northern Hemisphere winter market cargoes flowed. Rates were quoted at an average of between $109,000 per day and $115,000 per day West of Suez. The same levels of spot rates were also heard for the East of Suez charter market for vessels of between 155,000-165,000 cubic metres capacity, according to various brokers. One-year time charters for the most modern vessels were available for around $47,000 per day.