In this issue

 

Our Europe editor Chevron Corp. has started natural gas and oil production from an offshore field that spans the national boundaries for the first time of two African nations, one…
South African energy producer Sasol has jumped into the Mozambique LNG feed-gas equation by securing an exploration block shareholding with Italian energy producer Eni and others in a new bid…
Wison Offshore and Marine, the Chinese shipbuilder involved in LNG projects at its Nantong shipyard, has secured 4 billion Yuan ($630 million) financing from China Minsheng Bank.
Our Europe editor Royal Dutch Shell's second liquefied natural gas-powered offshore supply vessel "Harvey Power" has taken to the water in the US Gulf of Mexico and will serve platforms…
Crowley Maritime Corp., the US shipping line, held a naming ceremony on November 3 for the first of four new Jones Act oil products tankers with liquefied natural gas conversion…
The American Bureau of Shipping, the US classification society, was selected to class an LNG bunker barge under construction at a Texas shipyard that will be used to refuel ocean-going…

News Nudges

Gazprom posts loss

Gazprom, the main pipeline gas competitor to LNG in Europe and China, said first-quarter gas sales revenues dropped by 24 percent to 1.73 trillion roubles ($24.52 billion) compared with 2.29 trillion roubles ($32.3Bln) in the same period in 2019. The company reported a first-quarter net loss of 116 billion roubles ($1.64 Bln), compared with a net profit of 536Bln roubles ($7.5Bln) in the 2019 first quarter. Overall natural gas sales dropped by 13 percent to 138.1 billion cubic metres from 158.9 Bcm in the 2019 first quarter.


Australian exports fall

Australian LNG shipments in June were down by eight compared with May, primarily due to scheduled maintenance at the Gorgon plant on Barrow Island in Western Australia. “Australian projects shipped 5.9 million tonnes (85 cargoes) in June, compared with 6.4MT (93 cargoes) in May,” said a report by consultants EnergyQuest. “In June there were still a large number of cargoes that have had their delivery delayed.


Czech LNG station

GasNet, the natural gas distribution company of the Czech Republic, launched its first mobile public self-service LNG filling station. The station is located in Klecany near Prague and is a short distance from the D8 motorway. “This modern and environmentally friendly technology is available 24/7 to truck drivers,” said GasNet.“LNG truck drivers can now refuel in Klecany in the Volvo Group Truck Centre Prague-North. The public gas station is only 8km from the capital, is self-service and open 7 days a week, 24 hours a day,” added GasNet.