In this issue

 

Origin Energy, a stakeholder in the Australia Pacific LNG plant in Queensland, and Gladstone LNG operator Santos, said they had both heeded calls to help Australian industry in the supply…
Our Asia-Pacific editor Origin Energy, a stakeholder in the Australia Pacific LNG venture, has agreed to spend A$250 million (US$201M) to take full control of the Otway gas project comprising…
Secretary of Energy Perry says President wants to help friends overcome challenges Our Europe editor The US Department of Energy said it intended to give faster approval of small-scale LNG…
Our Asia-Pacific editor Australian East Coast LNG production in the state of Queensland and domestic natural gas output increased in the second quarter by around 19 percent and 12 percent…
Australian energy company Santos and its Gladstone LNG plant international partners will supply the East Coast domestic market with volumes of natural gas during 2018 and 2019 that is not…
Our Asia-Pacific editor Pavilion Energy of Singapore and its gas subsidiary signed a preliminary agreement to cooperate with state-owned Indonesian electricity company Perusahaan Listrik Negara (PLN) on small-scale LNG projects…
King and Spalding, the international law firm, said it represented one of the main parties in an agreement signed to develop the Swan LNG import project planned for some time…
German propulsion maker MAN Diesel and Turbo said its marine fuel-gas system subsidiary had signed a contract with Sweden’s gas network operator Swedegas to deliver a liquefied natural gas bunkering…
Our Europe editor Angola LNG, the southwest African export plant with a mixed reliability record since it came on stream in 2012, has signed a multi-year LNG sales agreement with…
US LNG equipment-maker Chart Industries continues to expand its business by acquiring German company VCT Vogel, a servicer of cryogenic and mobile gas tank equipment and trucks and a European…
Our Americas editor The International Gas Union, the world body that promotes natural gas and LNG use and technology for economic progress, has scheduled an election of a new President…
Our Asia-Pacific editor Inpex Corp., the Japanese energy company and liquefied natural gas developer, has held a naming ceremony in Japan for an LNG carrier that will transport cargoes from…
China says the US state of Alaska is making serious efforts to become a stable supplier of liquefied natural gas for Chinese import terminals from the liquefaction project planned by…
Dynagas LNG Partners, the Greek-owned carrier operator with six vessels, posted first-quarter operating income of $8.7 million and a net loss $5.2M amid extra expenses for a scheduled class survey…

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.