In this issue

 

Our Europe editor Norwegian LNG shipping company Awilco LNG has managed to reduce its losses as charter rates for modern carriers remained at around $30,000 per day, down from over…
A tiny Canadian Native North American tribe numbering fewer than 300 members, but which ratified the first urban First Nation peace treaty in Canada giving it land ownership near the…
Our Asia-Pacific editor InterOil Corp. Chief Executive Michael Hession said the Elk-Antelope onshore field that will provide the feed-gas for Papua New Guinea's second LNG plant continues "to surprise on…
Belgian shipping company and project developer Exmar has signed the first charter contract for a Floating Storage and Regasification Unit to enter service in India as a liquefied natural gas…
Japanese marine classification society Nippon Kaiji Kyokai, known as ClassNK, has approved a design for a bulk carrier being built at a shipyard in Japan and to be fuelled with…
Our North America editor Koch Industries energy subsidiary Flint Hills Resources has filed for an export permit to ship liquefied natural gas in containers it plans to purchase from the…
Australian developer LNG Ltd has received its final environmental impact statement from US regulators for its Magnolia LNG export venture in Louisiana and at the same time has agreed a…
Our Asia-Pacific editor Inpex Corp., the Japanese energy company and LNG project developer, said the floating production venture it is planning offshore Indonesia with Royal Dutch Shell would produce 7.5…
Our Europe editor Ophir Energy of the UK announces that it has finalised commercial terms and is in the process of signing preliminary sales agreements for LNG offtake from the…
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…

News Nudges

Santos price forecast

Australian LNG operator Santos, whose shareholdings are in the Gladstone facility in Queensland, Darwin LNG in the Northern Territory and Papua New Guinea LNG, forecast higher LNG prices in the second quarter after the Adelaide-based company reported US$964 million in revenues in the first three months of 2021. Santos said production was 2 percent lower than in the December quarter, primarily due to lower domestic gas demand and unplanned maintenance in PNG LNG. Higher GLNG equity production from coal-seam gas fields supported annualised LNG output of 6.4 million tonnes per annum.


Seaspan approval

Seaspan Marine. the ferries-to-tugs shipping and ship services company based in Vancouver, said it secured an Approval in Principle from French classification society, Bureau Veritas, for the design of a liquefied natural gas bunkering vessel with 7.600 cubic metres capacity. The vessel has been designed for ship-to-ship LNG transfers as well as coastal-short sea shipping by Vard Marine Inc., a partner of Seaspan Ferries.


Algeria gas deliveries

Algeria's natural gas exports recorded a marked increase in the first quarter of 2021 after an increase in its production and demand from its customers, according to state energy company Sonatrach. Italy was the leading destination in the first quarter for Algerian gas exports with a total volume of 6.4 billion cubic metres, an increase of 109 percent on 2020.