In this issue

 

Norway has awarded a record number of 75 licences for natural gas and oil exploration in the North Sea, the Norwegian Sea and the Barents Sea with Norwegian company Statoil…
Our North America editor in New York The trading subsidiary of Russian natural gas company Gazprom said it had renegotiated the terms and pricing for its liquefied natural gas supply…
Sri Lanka is drawing up a schedule for an LNG import project at the port of Kerawalapitiya on the west coast of the island nation comprising a floating storage and…
Japanese government figures show that average spot liquefied natural gas cargo prices for Northeast Asia in December rose by $2.20 per million British thermal units to $10.20 per MMBtu compared…
Our Asia-Pacific editor The Chinese Hudong-Zhonghua shipyard in Shanghai has held a naming ceremony for the second of four LNG vessels scheduled to ship volumes from the Royal Dutch Shell-owned…
The Baltic Exchange in London, one of UK’s oldest financial institutions and now part of the Singapore Exchange (SGX) group, has formed a panel to help develop a new liquefied…
Our Middle East editor Abu Dhabi, a long-standing LNG producer and exporter, has awarded the two front-end engineering and design contracts for its planned offshore sour gas mega-project, consisting of…
Our North America editor in New York Tellurian Inc., the developer of the Driftwood LNG export project in Louisiana, has hired US investment bank Goldman Sachs and the US unit…
Dominion Energy, owner of the US Cove Point LNG export plant in Maryland, told South Carolina state senators that the state could either accept Dominion's proposed $14.6 billion takeover offer…
US LNG export data showed China and South Korea each received six shipments from the Sabine Pass export plant in Louisiana as the Chinese surged up the top 10 of…
Our Asia-Pacific editor Woodside Petroleum, the leading Australian LNG plant operator, posted a decline in revenue even as its stake in the Chevron-led Wheatstone LNG plant came to fruition and…
China National Petroleum has Area 4 stake and seeks Area 1 offtake Our Europe editor China will have a strong hand in future production from the Mozambique LNG projects in southeast Africa,…
Our Europe editor Qatar Petroleum President and Chief Executive Saad Sherida Al-Kaabi said he was looking ahead to a no-nonsense future for the combined companies of Qatargas and RasGas after…
South Korean President Moon Jae-In has given a speech at the Geoje shipyard complex of Daewoo Shipbuilding & Marine Engineering, pledging to keep the nation’s strategic LNG shipbuilding sector at…

News Nudges

Höegh LNG charter

Höegh LNG Holdings has signed a second binding 10-year charter deal with the German Federal Government for a floating storage and regasification unit (FSRU) and has allocated the vessel “Hoegh Gannet” to the contract. “The vessel ‘Hoegh Gannet’ will be deployed for the Elbehafen LNG project in Brunsbüttel and operated by Deutsche Energy Terminal GmbH,” said Höegh. The Elbehafen LNG import project is being developed by Germany utility RWE. Another of the company’s vessels, the “Höegh Esperanza”, was allocated to the project at the North Sea port of Wilhelmshaven being operated by German utility Uniper.


Italy gas spending

Italy’s Societa Nazionale Metanodotti (National Pipeline Company), also known as SNAM, plans to invest €10 billion ($10.8Bln) in natural gas pipelines and LNG facilities in its revised budget through to 2026. SNAM said €6.3Bln would go on pipelines, including upgrading the Adriatic Line. A further €1.4Bln would be spent on two LNG floating storage and regasification units (FSRUs) and €1.3Bln would go on expanding and upgrading gas storage sites.


Norwegian gas find

Equinor, the Norwegian LNG and pipeline natural gas supplier for Europe, has made a commercial gas discovery in the Norwegian Sea with between 2 billion cubic metres and 11 Bcm of recoverable gas, or about 12.6-69.2 million barrels of oil equivalent. Exploration wells in the Norwegian Sea were drilled by the “Deepsea Stavanger” drilling rig about 23 kilometres (14 miles) south of the previous Irpa gas discovery.