In this issue

 

British Columbia Premier Christy Clark said benefit deals linked to LNG projects signed with two native North American First Nations were a milestone for the natural gas future of the…
Japanese energy companies are now focusing on the total of 60 million tonnes of LNG volumes becoming available on the Gulf Coast and Atlantic Coast of the US from 2020,…
Our North America editor in New York Tellurian Inc., the developer of the US Driftwood LNG export project in Louisiana and founded by ex-Cheniere Energy Chief Executive Charif Souki and…
Argentina believes it is still on track to cease liquefied natural gas imports by 2022 as shale-gas supplies from its estimated 802 trillion cubic feet of technically recoverable resources begin…
Our Europe editor Australian oil and gas exploration and production company Po Valley Energy is moving ahead with plans to compete with LNG in Italy by setting its initial public…
Woodfibre venture in Squamish used as test for Ottawa’s singular energy policy Our Asia editor The small-scale Canadian export project backed by Indonesian billionaire Sukanto Tanoto and his Pacific Oil and Gas company…
Our Europe editor Global commodities trader Trafigura plans to invest in a liquefied natural gas import facility in Teesside in northeast England as it expands its LNG trading and UK…
Santos, the Australia stakeholder in three Asia-Pacific LNG export joint ventures, said it raised more than A$1.2 billion (US$950) after completing a share purchase plan as part of its turnaround…
Our Europe editor French energy company Total said liquefied natural sales rose by 8 percent in 2016 as new volumes came on stream at the Gladstone coal-seam-gas-to-LNG plant in the…
Gaztransport and Technigaz (GTT), the French maritime storage tank technology company, said it received an order with three options from Samsung Heavy Industries of South Korea to equip a floating…
Our Middle East editor Egyptian Petroleum Minister Tarek El-Molla said the country was paying less than the global price for shipments of liquefied natural gas received in recent months from…
Nakilat Shipping Qatar Ltd, a subsidiary of Qatar Gas Transport Co., has taken back a fifth ship as part of an agreement with Shell International Trading and Shipping to return…
Our Europe editor Royal Dutch Shell is helping to advance the project to introduce the world’s first liquefied natural-powered dredger to operate in the port of Rotterdam after signing a…
Our North America editor in New York Eagle LNG Partners, the company with plans to develop liquefaction and export facilities on the banks of the St Johns River in Jacksonville,…

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.