In this issue

 

Stolt-Nielsen, the Norwegian-listed shipping and storage company, said it ordered two 7,500 cubic metres capacity liquefied natural gas carriers with options for three similar ships as it builds a small-scale…
Japanese energy company Inpex said its central processing facility for the Ichthys liquefied natural gas project had arrived in Australian waters off the Northern Territory after being towed for 34…
Our North America editor in New York The Mexican subsidiary of Sempra Energy of the US, owner of the Cameron LNG export project in Louisiana, and Canadian pipeline company TransCanada…
Mexico, the largest US LNG and pipeline natural gas importer, will launch a contract system on July 1 for natural gas pipeline capacity reservations as part of its transition to…
Our North America editor in New York Venture Global LNG, the company developing two liquefaction and export plants in Louisiana, has now raised more than $360 million in financing, attracting…
CEO Dudley pins hopes on African FLNG and natural gas projects in Indonesia and Egypt Our Europe editor BP Chief Executive Bob Dudley said the first pillar of the UK major’s strategy recognises…
Our North America editor in New York Jordan Cove LNG project, the liquefaction and export venture for the northwest of the US being carried forward by two merging Canadian companies,…
Cheniere Energy’s Sabine Pass LNG export plant in Louisiana sent out three fewer cargoes compared with the record 16 shipments logged in the previous month, according to the latest data…
Our Asia-Pacific editor Inpex Chief Executive Toshiaki Kitamura acknowledged that the Japanese company’s Ichthys liquefied natural gas project near Darwin in Australia’s Northern Territory was behind schedule by several months…
Australian company Santos, a stakeholder in three Asia-Pacific liquefied natural gas production plants, said it received further positive results from the Muruk 1 gas exploration well being drilled in the…
Chevron Corp., the operator of the Gorgon LNG plant on Barrow Island in Western Australia, said one of its three Trains has been shut until mid-June because of a technical…
Our Asia-Pacific editor Chiyoda Corp. the Japanese energy engineering company working on liquefaction projects such as Yamal LNG in Russia and Cameron LNG in Louisiana, recorded an annual loss of…
Japanese government figures show that the average delivered price of spot liquefied natural gas shipments arriving in Japan was higher at an average $5.90 per million British thermal units in…
Our Asia-Pacific editor BP has signed a final sales agreement to supply Indonesian state power company Perusahaan Listrik Negara (PLN) with a total of around 250 cargoes for 15 years…

News Nudges

Sardinia FSRU plan

SNAM, the Italian natural gas grid operator and LNG import terminal stakeholder, has signed a contract with shipping and project company Golar LNG to charter the carrier “Golar Arctic” as a floating storage and regasification unit (FSRU) to be deployed in the port area of Portovesme on the Italian island of Sardinia. The Mediterranean island already has a small-scale onshore import facility owned by Avernir LNG. The Golar charter contract was valued at €269 million ($282.5M) and includes the vessel and the costs to Golar of converting the “Golar Arctic” into an FSRU with storage capacity for up to 140,000 cubic metres.


Norway gas forecast

The Norwegian Ministry of Petroleum and Energy has updated its estimate of projected European natural gas sales in 2022 to about 8 percent higher than last year and set to be bolstered by the restarting Hammerfest LNG export plant in Northern Norway and with the volumes helping to offset declining Russian gas sales. The Ministry said deliveries of natural gas from the Norwegian Continental Shelf are expected to be around 122 billion cubic metres by the end of 2022 compared with 113 Bcm in the previous year.


Korean yard orders

Korea Shipbuilding & Offshore Engineering (KSOE), the country’s largest shipyard group, said it won $910 million of orders to build four LNG carriers. Two KSOE affiliates, Hyundai Heavy Industries and Hyundai Samho Heavy Industries, will construct two 174,000 cubic metres capacity vessels each and deliver them to an Asian buyer from the first half of 2025.