In this issue

 

Goldboro LNG has become the second export project in the Canadian Atlantic coast province of Nova Scotia to receive all its US regulatory approvals to use feed-gas from across the…
Our Asia-Pacific editor Chiyoda Corp., one of the leading LNG companies, said it was awaiting a final investment decision on building a liquefaction plant in the southeast African nation of…
Gaztransport and Technigaz (GTT), the French LNG storage tank technology provider for carriers, signed a cooperation agreement with the South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering for the manufacture…
Fluor Corp., the US LNG and energy engineering company, was awarded the contract for another phase of the Cutbank Ridge project as part of the long-term development of natural gas…
Our North America editor British Columbia Premier Christy Clark said her provincial government was pursuing Canada's' liquefied natural gas development policies in the face of several setbacks and "unforeseen global…
Our Asia-Pacific editor The average price of spot liquefied natural gas imported into Japan that arrived in January was $7.90 million British thermal units compared with $13.90 per MMBtu in…
US developer Venture Global LNG said it signed a sales and purchase agreement with Shell North America for one million tonnes per annum of LNG from its export project at…
Chinese imports of liquefied natural gas declined by just over 1 percent year-on-year, the first fall in Chinese shipments since they first began at the Dapeng facility in Guangdong province…
Natural Gas Fuels, a bellwether US company with operations in all segments of the natural gas industry, including shale-gas that will underpin LNG exports, pipeline and storage as well as…
Our Asia editor  Pakistan has signed a 15-year liquefied natural gas supply deal with Qatar that is expected to open the way for more import facilities in the Asian nation…
US pipeline and terminal operator Kinder Morgan has received the go-ahead for its Elba Island liquefied natural gas export plant at an existing import terminal near Savannah in the state…
Our North America editor  Clean Energy Fuels Corp. of California said its sales of liquefied natural gas and compressed natural gas vehicle fuel made from organic waste methane increased to…
Investments are put on hold and projects delayed to help revival Our Europe editor The postponement of the LNG Canada final investment decision from April until the end of the year and hold-ups…
Our North America editor Anadarko Petroleum, one of the developers of the main liquefied natural gas project of Mozambique, posted fourth-quarter and annual losses of $1.25 billion and $6.69Bln respectively…

News Nudges

Brownsville contract

NextDecade Corp., developer of the Rio Grande LNG export project in Texas, said that after a competitive bid and contracting process it had selected Great Lakes Dredge and Dock Corp. to perform improvements near its planned facility on the Brownsville Ship Channel. “These improvements, which include deepening the Channel, will enhance commercial navigation into and out of the Port of Brownsville, ensuring the safe and reliable access of LNG carriers to NextDecade’s Rio Grande LNG facility and optimizing the ability of shallower draft traffic to pass LNG carriers in either direction in accordance with US Coast Guard guidelines,” the company explained.


Saudi Aramco bond sale

The Saudi Arabian Oil Company, the world’s biggest oil industry operator with future LNG and natural gas plans, is planning to offer around $6 billion of bonds following a $12Bln bond sale in April 2019 that sparked buying orders of over $100Bln, mostly from US fund managers and making it the most over-subscribed bond sale in history.


Charter rates flat

Shipping charter rates for LNG carriers in the spot market were unchanged in the past week as the Northern Hemisphere winter market demand continued to be firm. 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.