In this issue

 

European nations are forecast to have flat natural gas growth for electricity generation, including in LNG, in the next 10 years as they concentrate on renewable projects such as wind…
The US Eagle Maxville small-scale LNG plant near the Florida port of Jacksonville has been awarded long-term permits to export LNG in ISO containers to the Caribbean market and elsewhere in…
Our Asia-Pacific editor Western Australian, the state hosting three liquefied natural gas export plants and with a fourth, Wheatstone LNG, set to come on stream shortly has been urged to…
Australian exploration and production company Sacgasco has seen its shares rise by as much as 80 percent since it issued a report on a gas project in the Sacramento Basin…
Our Europe editor Gazprom Global LNG, part of the trading arm of the Russian natural gas company, said it signed an initial 12-year gas sales agreement with Ghana National Petroleum…
UK company Ophir says intensive efforts are being made by all partners to reach FID Our Europe editor Ophir Energy of the UK, the leader of the Fortuna floating liquefied natural gas…
The Atlantic LNG production plant in Trinidad was shut down and evacuated when fire enveloped one of its power generating units sending black smoke and fire into the air at…
The US said it expected its dry natural gas production to rise to an average of 73.7 billion cubic feet per day in 2017 even after disruptions caused by the…
Our Europe editor The American Bureau of Shipping, the US classification society and marine technical services, said it completed a joint development project with Monaco-based LNG fleet owner GasLog focusing on…
The merged US subsea and energy services company formed by Baker Hughes and GE Oil and Gas has signed its highest-profile contract yet under the BHGE banner for Phase Two…
One of the world’s best-known shipping executives, John Fredriksen, is retaining his almost 52 percent stake in Flex LNG, the Oslo-listed company awaiting the delivery of six LNG carriers and…
Our Asia-Pacific editor Japanese government figures show that the average delivered price of spot liquefied natural gas that arrived in Japan in August was $5.60 per million British thermal units,…
Angola LNG, the revitalized southwest African export plant, has signed its second European sales agreement of September with German utility and energy company RWE after concluding a similar deal with…
Our Americas editor NextDecade Corp., the US LNG export developer planning the Rio Grande LNG and Rio Bravo Pipeline projects in Texas, has named former senior BG Group executive Matt…

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.