In this issue

 

Origin Energy, the Australian utility and stakeholder in the Australia Pacific LNG plant in Queensland, said its current head of its Integrated Gas division, David Baldwin, was stepping down to…
Tokyo Gas and Kyushu Electric Power have formed the latest Japanese strategic alliance under the government’s deregulation policy as companies aim to import LNG on the most economic terms and…
Our North American editor in New York The Administration of President Donald Trump is taking an interest in the Alaska LNG project with US Vice-President Mike Pence meeting Alaska Governor…
The US Rio Grande LNG project development company in Texas run by former Royal Dutch Shell senior executive Kathleen Eisbrenner has signed a definitive agreement to become a listed company…
Our North America editor in New York Kinder Morgan, one of the largest US pipeline companies, and Colorado-based DCP Midstream have signed a letter of intent for DCP to participate…
Our Europe editor Norwegian company Global LNG Services (GLS), a developer of floating liquefaction hulls, said it planned to work with Siemens of Germany and Sembcorp Marine of Singapore on…
Gaztransport and Technigaz (GTT), the French maritime storage tank specialist, said first-quarter revenues fell almost 3 percent to 56.8 million euros ($62.4M) as new orders were gained for four floating…
Skangas, the Norwegian liquefied natural gas supplier and facility operator, has named Kimmo Rahkamo as its new chief executive in succession to Tor Morten Osmundsen. 
Our Asia-Pacific editor Japanese liquefied natural gas imports stayed in the high end at more than 8 million tonnes for March, in line with the volumes purchased in the same…
One of the largest pension funds in Canada has agreed to acquire more than a third of the shares in the main LNG import terminal in South America, the GNL…
Our Europe editor Sonatrach, Algeria’s state energy company, and France’s Total have signed a comprehensive agreement and announced “the amicable settlement of outstanding differences” between the two companies as the…
JX Nippon and Hokkaido Gas are latest companies to take advantage ofthe deregulation process Our Asia-Pacific editor The Japanese city-gas retail market, involving some of the largest LNG importers such…
Our Europe editor While the Zeebrugge LNG import terminal in Belgium again saw a decline in the utilisation rate with fewer large carriers unloading in 2016, there was a surge…
A multi-sector industry coalition aimed at accelerating the widespread adoption of liquefied natural gas as a marine fuel has added three new member companies from the US, India and Japan. 

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.