In this issue

 

Our Asia-Pacific editor AGL Energy of Australia said it was seeking liquefied natural gas supply proposals for its import terminal project in the southeast Australian state of Victoria.
Santos, the Australian LNG and energy company with stakes in three Asia-Pacific liquefaction plants, has signed a second contract to supply domestic natural gas in Western Australia, where the largest…
Our North America editor in New York
Our Europe editor Ferguson Marine Engineering has held a naming ceremony at its Port Glasgow shipyard in Scotland for the first dual-fuel ferry in the UK with liquefied natural gas…
JGC Corp., the Japanese energy and LNG specialist engineering company, said it had joined a floating production, storage and offloading (FPSO) charter project that will help supply offshore natural gas…
The LNG shipping market has firmed up in recent months and some rates in the fourth quarter have moved beyond $50,000 per day for the first time since the start…
Our North America editor in New York The US Trade and Development Agency, the government body that helps companies create American jobs through the export of goods and services, has…
The Polish Oil and Gas Company Group has signed a five-year contract for US LNG cargoes supplied by UK utility Centrica from its volumes booked from the Sabine Pass plant…
Norwegian player explains setbacks outwith its control in three projects Our Europe editor Hoegh LNG, the Norwegian import terminal developer and fleet operator, said long-term outlook for the floating storage and regasification unit…
Our Asia-Pacific editor Chiyoda Corp., the Japanese energy engineering company, swung to a first-half net loss because of expected higher costs for US liquefaction and export plant work amid a…
Inpex Corp., the Japanese energy company with stakes in two projects in Australia’s final phase of its 10-year LNG production build-out, reported steady earnings as the Ichthys and Prelude ventures…
Our Asia-Pacific editor Australian energy company Santos, a stakeholder in three Australia-Pacific LNG export ventures, said it was not currently in takeover discussions with Harbour Energy whose Chief Executive is…
LNG Ltd, the company proposing to build the Magnolia project in the US state of Louisiana and the Bear Head venture in the Canadian province of Nova Scotia, has named…
Royal Dutch Shell has raised US$2.7 billion from selling its remaining stake in Woodside Petroleum, the Australian LNG plant operator it tried to take over 16 years ago. 

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.