In this issue

 

Jacobs Engineering Group of the US was selected by BP to provide engineering, procurement and construction management (EPCM) services for Phase 2 of the Khazzan Gas Project in the Sultanate…
Our Europe editor Reganosa, the owner of the Mugardos liquefied natural gas import terminal at the port of El Ferrol in northwest Spain, said it supplied fuel for the first…
Our Asia-Pacific editor Mitsui OSK Lines President and Chief Executive Junichiro Ikeda said the Japanese shipping group, with a liquefied natural gas fleet operation of 70 vessels, had made bold…
Spanish net LNG imports declined in December compared with a year ago as 20 shipments were unloaded from a range of nations including Algeria, Peru, Nigeria, Norway and Qatar. 
Gas Natural Fenosa, the Spanish utility and liquefied natural gas sector player, is advancing with its technology development with a Norwegian partner for an LNG cargo transfer system. 
Our North America editor US dry natural gas production is forecast to average 80.4 billion cubic feet per day (Bcf/d) in 2018, a 6.9 Bcf/d increase from the 2017 level,…
Japanese and French firms set to combine their LNG trade efforts Our Europe editor Global LNG trading is evolving in terms of the development of futures and pricing products and in the…
Our Europe editor Gaztransport and Technigaz (GTT), the French LNG maritime storage tank firm, and its leading executives had their annual meeting with investors recently to highlight the positive trends…
Kosmos Energy, the stakeholder with BP of the UK in two floating LNG production projects for natural gas discoveries in the Greater Tortue fields offshore Senegal and Mauritania in West…
Our Europe editor Italian energy company Eni said it completed its sale of a 25 percent indirect interest in the Area 4 licence block in the Rovuma Basin of Mozambique…
Tellurian Inc. closed its public offering of 10 million shares at $10.00 per share and its net proceeds amounted to $94.8 million to spend mostly on engineering and development expenses…
US liquefied natural gas equipment maker Air Products has won its second order from the engineering and construction joint venture of TechnipFMC and Japan’s JGC Corp. for the Coral South…
Our Asia-Pacific editor Japanese government figures show that average spot liquefied natural gas cargo prices for Northeast Asia in November rose by $2.00 per million British thermal units to $9.00…
The Chart Industries fuel infrastructure subsidiary Chart Ferox has commissioned a fourth permanent fueling station in Finland for natural gas vehicles, located close to Vantaa airport in the Finnish capital…

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.