In this issue

 

Flex LNG, the Oslo-listed company whose shareholders include a fund controlled by John Fredriksen, has named Oystein Kalleklev as its new Chief Financial Officer as it plans to take its…
Nordic LNG supplier and infrastructure operator Skangas is advancing its re-fueling operations in the region’s largest port, Gothenburg, as it expands the activities of its new bunkering vessel “Coralius” and…
Our Asia-Pacific editor Golar LNG, the project and shipping company, said the floating LNG production vessel, the “Hilli Episeyo”, has moved to a deep-water anchorage offshore Singapore where Keppel Shipyard…
Ophir Energy, the UK exploration and production company with assets in Africa and Asia, said it awarded the upstream contract for the Fortuna floating LNG project offshore Equatorial Guinea to…
Our Southeast Asia editor The merged Baker Hughes-GE Oil and Gas (BHGE) company, a key supplier of services and equipment to the LNG industry, said its board of directors had…
Our Europe editor Fluxys Belgium, the operator of the Zeebrugge LNG import terminal and the Belgian gas transmission network, said it completed transactions for the sale of 350 million euros…
UK maritime classification Lloyd’s Register has given approval in principle to Hyundai Mipo Dockyard of South Korea for a cargo-handling system design for a 6,600 cubic metres capacity LNG bunkering…
Fluxys Belgium, the natural gas network operator as well as owner of the Zeebrugge Trading Point and the LNG import terminal, said it was simplifying services for physical trading with…
Our North America editor in New York Tellurian Inc., the developer of the Driftwood LNG project on the Gulf Coast of Louisiana has entered into a six-month time charter for…
KBR, the US LNG and energy engineering company, was awarded an engineering and project management services contract for the biggest natural gas joint ventures currently under way in Algeria at…
Our Southeast Asia editor Atlantic, Gulf and Pacific Co. of the Philippines, the LNG infrastructure and fabricated modules supply company, said it was making progress in its plans to building…
BP-led tight gas field project will help nation overcome its immediate domestic gas concerns Our Middle East editor The Sultanate of Oman, a long-term LNG producer in the Arabian Peninsula and supplier of…
Our Asia-Pacific editor Australian LNG export projects in the state of Queensland led by Royal Dutch Shell, ConocoPhillips and Santos have assured Australian Prime Minister Malcolm Turnbull that they will…
Origin Energy, a major shareholder in the Australia Pacific LNG export plant, has sold its Lattice Energy subsidiary to Australian company Beach Energy for A$1.58 billion (US$1.24Bln) as it seeks…

News Nudges

Russian LNG cargoes

Japan and China remain the biggest buyers of LNG from Russia, whose two export plants are Sakhalin in the Russian Far East and the Yamal plant in Northern Siberia. Shipping data showed that between January and October 2022 Japan bought around 5.96 million tonnes of LNG from Russia, a fall of 10 percent from 2021, while China purchased 5.67MT, an increase of 24 percent from 2021. After Japan and China, the other main buyers of Russian LNG cargoes through October 2022 have been France (4.75MT), Spain (3.24MT), Belgium (1.78MT) and the Netherlands (1.67MT).


Newbuilds increase

Shipyards in China and South Korea have seen orders in the past month for at least eight newbuild liquefied natural gas carriers and one floating storage and regasification unit (FSRU) as the global fleet expands to meet rising demand. The orders include two vessels of 175,000 cubic metres capacity under an order made by German ship management company Hammonia Reederei and to be delivered between 2025 and 2026 from China's Yangzijiang Shipbuilding.


Woodside funding

Woodside Energy, the operator of the North West Shelf and Pluto LNG plants in Western Australia, said it had continued its track record of contributions to the state’s communities with a A$50 million (US$33M) commitment to the Resources Community Investment Initiative (RCII) announced by State Premier Mark McGowan. Woodside Chief Executive Meg O’Neill said Woodside was pleased to join with the WA Government and other industry participants to establish the RCII, which will facilitate investment in infrastructure projects and community and social initiatives across the state.