In this issue

 

A US bankruptcy court has confirmed a reorganization plan for the Emas Chiyoda Subsea venture partly owned by Japanese engineering and construction company Chiyoda, the main competitor to Bechtel of…
Our North America editor in New York Lake Charles LNG terminal, the US facility in Louisiana that once brought in shipments from Trinidad and Equatorial Guinea to fill the US…
Minister of State PradhanMinister of State Pradhanalso launches National Data Repository and Open Acreage Licence Policy for upstream Our Asia editor India said it was planning the formation of a…
Our Asia-Pacific editor The Royal Dutch Shell floating LNG hull for the Prelude project offshore northwest Australia has left its South Korean shipyard under tow and is bound for Australian…
ConocoPhillips and its partners have received positive results from the two-well appraisal drilling campaign in the Barossa field, part of the Bonaparte Basin offshore Australia’s Northern Territory strengthening the field’s…
Our Europe editor Wood Group of the UK has secured a front-end engineering and design contract from Gastrade for the Alexandroupolis LNG import project planned for offshore Greece and involving…
US conglomerate General Electric said its energy subsidiary has signed a long-term agreement to supply Italian energy company Eni and its planned LNG projects in Mozambique with equipment and services…
Finnish natural gas and LNG company Gasum increased its shareholding in Norwegian-based operator Skangas by an additional 19 percent to 70 percent as it expands regasification, production and distribution infrastructure…
Our North America editor in New York Corpus Christi LNG, the second Cheniere Energy liquefaction and export plant to add to the Houston-based company’s volumes from the Sabine Pass facility…
Our North America editor in New York The Panama Canal has celebrated the one-year anniversary of the entry into operation of its expanded locks and said that during the 12…
ExxonMobil has agreed to collaborate on the development of liquefied natural gas as a marine fuel with two companies already involved in bunkering and supply ventures in the state of…
Our North America editor in New York Corpus Christi LNG, the second Cheniere Energy liquefaction and export plant to add to the Houston-based company’s volumes from the Sabine Pass facility…
PTT Group, the state energy company of Thailand, has set up a trading unit called PTT Global LNG Co. to increase its marketing presence ahead of the construction of more…
Cheniere Energy’s Sabine Pass LNG export plant in Louisiana sent out 15 cargoes and narrowed its monthly delivery count to seven different nations compared with nine previously and the majority…

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.