In this issue

 

Our North America editor Alaska Governor Bill Walker has thanked BP of the UK and US major ConocoPhillips for committing to sign and make public a Gas Availability Agreement for…
Our Europe editor Mozambique liquefied natural gas development plans, involving a dozen international companies have received much-needed momentum from an agreement signed by Anadarko Petroleum Corp. of the US and…
Our Europe editor The Gulf state of Bahrain has awarded the contract for its first liquefied natural gas import facility to three companies, with Teekay LNG chosen to provide the…
Poland's first liquefied natural gas import terminal at Swinoujscie on the Baltic coast will receive its first cargo from Qatar on December 9 so that engineers can carry out the cool-down…
Our Europe editor The Singapore unit of Russa's Gazprom Marketing and Trading has won the tender to be the sole off-taker from the Cameroon Floating LNG project offshore the West…
Hoegh LNG of Norway, whose US affiliate restates its earnings, has seen its own net profits decline, though it has signed further options for floating LNG project vessels.
Shell has opened new liquefied natural gas re-fueling lanes at a truck station in Santa Nella, California, as it continues its build-out to offer cleaner fuel for long-distance, heavy-duty haulage…
Out Asia-Pacific editor The collaboration in LNG shipping between Mitsui OSK Lines of Japan and a Chinese shipyard is progressing smoothly with the delivery of a third vessel and with…
The LNG carrier spot charter market is now showing the first real signs of recovery on the back of new production capacity starting up and the speed of the revival…
Our North America editor Gaz Metro Chief Executive Sophie Brochu said the Quebec natural gas utility is pursuing a growth strategy in the liquefied natural gas market in North America…
Developers of liquefied natural gas export projects in the Canadian province of British Columbia are opposed to increases in BC's carbon tax linked to its greenhouse gas reduction targets.
Our Europe editor Norway is planning the first licencing round since 1994 involving the opening of new acreage on the Norwegian continental shelf, near the Snohvit field that provides feed-gas…
Floridian Natural Gas Storage has received its permit to export LNG in International Standards Organization (ISO) containers from its proposed liquefaction and storage facility in Martin County, Florida.
Our Asia-Pacific editor Sinopec said it would commission its new LNG import terminal at Beihai city in southern China's Guangxi Zhuang region at the end of December to welcome cargoes…

News Nudges

Narrabri Gas gets go-ahead

Australian LNG plant operator Santos said it welcomed the approval by the Federal Environment Ministry of the Narrabri Gas Project in New South Wales and will now embark on a 12-18 month appraisal program ahead of a final investment decision. Adelaide-based Santos operates the Gladstone LNG plant in Queensland and has a stake in Darwin LNG and the export facility in Papua New Guinea. The Narrabri project is for coal seam gas development with around 850 wells planned.


Asian firms nominated

The France-based International Group of Liquefied Natural Gas Importers (GIIGNL), which has 86 members in 27 countries, has promoted three companies to its Executive Committee at its annual meeting. They are China National Offshore Oil Corp (CNOOC) Gas, Power and Trading, CPC Corp. of Taiwan and Indian importer Petronet LNG. “The increase with three new members from Asia reflects the growing importance of LNG imports in the region,” said the group.


Charter rates firm

Shipping charter rates for LNG carriers in the spot market remained firm in the past week as Northern Hemisphere winter market cargoes flowed. Rates were quoted at an average of between $109,000 per day and $115,000 per day West of Suez. The same levels of spot rates were also heard for the East of Suez charter market for vessels of between 155,000-165,000 cubic metres capacity, according to various brokers. One-year time charters for the most modern vessels were available for around $47,000 per day.