In this issue

 

Chart Industries, the US maker of liquefied natural gas liquefaction and storage equipment, is celebrating 25 years since its pioneering of the ISO shipping containers that now carry LNG to…
Our Asia-Pacific editor Inpex Corp. of Japan said the Ichthys LNG export project it is developing in Australian is expecting the arrival in mid-August of the Floating Production Storage and…
Our Asia-Pacific editor Bangladesh has signed its first initial LNG supply agreement with Qatar after recent progress on establishing the Asian nation’s first import facility at an island in the…
Exploration surveys offshore Timor Este, the former Portuguese colony located north of Australia, have raised hopes of LNG and natural gas projects in the future as the Greater Sunshine project…
Oil Search, a stakeholder in the Papua New Guinea LNG export plant and its expansion project, reported record production at the plant northwest of Port Moresby and operated by partner…
Our Asia editor Indian LNG imports declined for a second month with government figures showing shipments in the current fiscal year had cost US$400 million more than in 2016 as…
Japanese liquefied natural gas imports declined amid a more than 20 percent jump in thermal coal shipments to replace LNG for power generation in Japan as LNG costs in June…
Our North America editor in New York ConocoPhillips intends to fully shut down its small-scale liquefaction and export plant located in Nikiski on the Kenai Peninsula because of low global…
Dutch-German companies are proposing building a multi-service LNG terminal, including truck-loading  Our Europe editor Dutch Gate LNG terminal owners, the utility Gasunie and global storage company Vopak, plan to develop Germany’s…
Our Europe editor The future of Algeria as an LNG exporter and the recent winter supply tightness experienced by three European LNG importers, France, Italy and Greece, led the International…
The US will take the lead on global natural gas supply as the shale revolution gets a second wind and the world’s largest producer increases output and LNG exports over…
Our Asia-Pacific editor The Port of Singapore said three other ports in Asia, Europe and North America had joined it and seven other organisations in the international LNG bunkering port…
European classification society DNV GL has conducted a study of future liquefied natural gas use in the Iberian Peninsula and concludes that one of the main obstacles to the accelerated…
French energy major Total has signed an agreement with Brittany Ferries to supply LNG bunkering fuel to the port of Ouistreham in northwest France and for the first LNG-powered French…

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.