In this issue

 

The Texas LNG Brownsville project said it had submitted all 13 draft resource reports to the Federal Energy Regulatory Commission, a key accomplishment in the US Government regulatory approval process,…
The Japanese government said the average price of spot liquefied natural gas cargoes delivered to Japan in October was $7.90 per million British thermal units compared with $15.30 per MMBtu…
Japanese electric power utilities imported almost 19 percent less liquefied natural gas in October compared with a year ago as heavy fuel oil and thermal coal purchases also dropped with…
Clean Energy Fuels Corp., one of the largest providers of LNG and other natural gas fuels for transportation in North America, continues to make progress and has boosted its volumes…
Our North America editor Australian liquefied natural gas stakeholder Santos, the subject of a bid inquiry from an equity fund backed by Brunei and Dubai investors, has named Kevin Gallagher…
Our Europe editor The liquefied natural gas construction industry has enjoyed a sustained boom thanks to healthy order books for new LNG projects, especially in the US and Australia. It…
Global natural gas trade is expanding and LNG is increasing more rapidly than pipeline gas and there will be ample supply of LNG cargoes over the medium term, the International…
Our Europe editor Gaz Metro LNG, a unit of the largest natural gas company in the Canadian province of Quebec, has signed commercial agreements with UK National Grid's New England…
Crowley Maritime Corp.'s petroleum distribution group has been granted approval by the US Department of Energy and the National Energy Board of Canada to import Canadian-sourced LNG for supply, transportation…
Our North America editor New York State has vetoed the previously approved Port Ambrose LNG Deepwater Port offshore New York City and New Jersey, with the New York Governor saying…
Dutch natural gas company Gasunie, a shareholder in the Rotterdam Gate LNG terminal, has issued its latest survey showing supply and transit routes and its own markets overview indicating more…
Our North America editor Energy Transfer Equity, lead developer of the US Lake Charles LNG export project in Louisiana, said the venture would definitely go ahead and described it as…
Our Asia-Pacific editor Japanese energy company and LNG project developer, Inpex Corp, has completed the laying of the longest subsea pipeline in the Southern Hemisphere in 16 months to bring…
Origin Energy, the upstream partner in the Australia Pacific LNG project with ConocoPhillips and China’s Sinopec, said the venture would produce LNG within a month and ship its first cargo…

News Nudges

Tokyo Gas LNG pact

Japanese utility Tokyo Gas is still a big part of the plan by First Gen Corp. of the Philippines to advance with the LNG import terminal project for Batangas City. Tokyo Gas President Uchida Takashi and First Gen President Francis Giles B. Puno recently signed a joint cooperation agreement to that effect. It follows on from the joint development agreement signed at the end of 2018 on developing an interim offshore LNG terminal in Batangas in southern Luzon island.


Shipping rates rise

Shipping charter rates for LNG carriers in the spot market increased over the past week by up to $5,000 per day. Rates were quoted at an average of between $69,000 per day and $71,000 per day West of Suez and at rates of between $73,000 per day and $75,000 per day East of Suez for vessels of between 155,000-165,000 cubic metres capacity, according to various brokers. One-year time charter rates were little changed for the most modern vessels and were seen at around $48,000 per day.


Gazprom builds on Yamal

Gazprom, the Russian natural gas company, said it made a yet another new gas discovery on the Yamal Peninsula in northern Siberia, close to the largest Russian LNG export plant run by rival operator Novatek. Gazprom explained that the discovery was made as a result of drilling and testing of an exploratory well on Yamal and a commercial gas inflow was obtained with a flow rate of about 600,000 cubic metres per day.