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

Brownsville contract

NextDecade Corp., developer of the Rio Grande LNG export project in Texas, said that after a competitive bid and contracting process it had selected Great Lakes Dredge and Dock Corp. to perform improvements near its planned facility on the Brownsville Ship Channel. “These improvements, which include deepening the Channel, will enhance commercial navigation into and out of the Port of Brownsville, ensuring the safe and reliable access of LNG carriers to NextDecade’s Rio Grande LNG facility and optimizing the ability of shallower draft traffic to pass LNG carriers in either direction in accordance with US Coast Guard guidelines,” the company explained.


Saudi Aramco bond sale

The Saudi Arabian Oil Company, the world’s biggest oil industry operator with future LNG and natural gas plans, is planning to offer around $6 billion of bonds following a $12Bln bond sale in April 2019 that sparked buying orders of over $100Bln, mostly from US fund managers and making it the most over-subscribed bond sale in history.


Charter rates flat

Shipping charter rates for LNG carriers in the spot market were unchanged in the past week as the Northern Hemisphere winter market demand continued to be firm. 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.