In this issue

 

Our North America editor The US Department of Energy has published its latest monthly report on liquefied natural gas imports and exports, showing that 15 cargoes were exported from the…
The General Dynamic NASSCO shipyard in San Diego, California, has begun sea trials for the latest LNG-ready petroleum products carrier built for US shipping line Seacor Ocean Transport Inc. 
Our Europe editor BC Ferries, the Canadian shipping company serving towns and communities around Vancouver Island in British Columbia, says the second of three new dual-fuel vessels with LNG capability…
Our Asia-Pacific editor Japanese LNG import costs have begun to rise as the volumes also jumped by 14.6 percent in January for both long-term contracted cargoes and spot shipments. 
Indian liquefied natural gas imports fell for a second month as global spot prices began to rise and fewer additional shipments were available at affordable prices for gas-fired power and…
The Israeli Leviathan natural gas project in the East Mediterranean, which will impact the regional LNG market, has taken a positive final investment decision to proceed with phase one of…
Our North America editor in New York The US liquefied natural gas export projects being developed by Washington DC-based Venture Global LNG, involving two Louisiana plants, one on the banks…
GasLog, the Monaco-based LNG shipping company with a fleet of 22 vessels in operation, posted an annual loss even though it was the most active shipper of cargoes from the…
Our North America editor in New York Fluor Corp., the US energy engineering and construction company, said it won a contract for the Canadian Woodfibre LNG export project being developed…
Venture back on FERC agenda after design changes and Japan supply deals Our North America editor Jordan Cove LNG, the Canadian-run export project for the US northwest state of Oregon, has been given…
Our Europe editor The Geneva, Switzerland-based International Standards body has published its new ISO 20519 standard for ships and marine technology relating to bunkering of liquefied natural gas-powered vessels. 
The chief executives of Italian energy company Eni and UK major BP have held a signing ceremony with the Egyptian government in Cairo, completing the sale of a 10 percent…
Our Asia-Pacific editor Australia Pacific LNG plant stakeholder Origin Energy, which recently took a charge of US$1.45 billion as a write-down mainly on APLNG, has posted earnings showing wider fiscal…
Tamrotor Marine Compressors, the Norway-based equipment supplier, was awarded a contract by Golar LNG to supply a compressed air system to the former conventional carrier “Hilli” being transformed into a…

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.