In this issue

 

Gaztransport and Technigaz (GTT), the French LNG maritime storage technology company, said it had decided to re-validate some aspects of its Mark V tank system after the discovery of a…
Our Southeast Asia editor The state-run Thailand energy company PTT has signed an agreement to purchase 2.6 million tonnes per annum of LNG from a Mozambique project after securing a…
Our North America editor in New York Edison, the Italian utility owned by Electricite de France (EDF) and a capacity holder in the Adriatic LNG import terminal, has signed an…
Registro Italiano Navale (Rina), the Italian maritime classification society, said it was chosen by Italian energy company Eni to certify the design and fabrication of subsea structures and equipment for…
The Israeli Tamar natural gas field in the Eastern Mediterranean, the region’s main competitor to LNG and owned by Noble Energy of the US and Israeli companies including the Delek…
Our Europe editor Russian fleet owner and operator Sovcomflot along with oil company Rosneft and the country’s new Zvezda Shipbuilding complex have signed a set of agreements that entail the…
Hyundai Heavy Industries of South Korea, the world’s largest shipbuilder by orders, said it received its biggest order for five years in signing a contract to build 10 very large…
Our Middle East editor Qatar has signed a 15-year liquefied natural gas supply agreement with Bangladesh to supply the Asian nation with 2.5 million tonnes per annum of LNG at…
Baltic and Nordic markets make more progress on fuel distribution and ship-to-ship bunkering Our Europe editor Nordic LNG supplier Skangas has taken a big step in helping develop the Baltic and North…
Our Europe editor Fluxys, the Belgian natural gas network operator, posted an increase in turnover due to the start of contracts for gas transmission at the French Channel port of…
Qatargas is set to become the key liquefied natural gas supplier to Turkey after Algeria under a medium-term sales and purchase agreement signed with Botas Petroleum Pipeline Corp. of Turkey,…
Our Europe editor German energy company and utility Uniper has signed a capacity swap agreement with Pavilion Energy of Singapore for access to its Far East LNG import facility in…
The Singapore Exchange (SGX) has formally started trading a new liquefied natural gas futures contract for LNG delivered to Dubai, Kuwait and India and based on a twice-weekly  LNG price…
Angola LNG, the southwest African exporter, has signed its third international sales agreement of September with Anglo-Swiss multinational commodities and mining company Glencore after concluding previous deals with German utility…

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.