LNG

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.