In this issue

 

Cartagena, the LNG import terminal in southeast Spain, has hosted the first LNG bunkering operation in the Mediterranean with emissions offsets.
Free ReadSovcomflot, the Russian shipping line with 31 gas carriers in operation or on order and an overall fleet of 145 vessels, posted a more than 18 percent jump in annual…
LNG News Editor:  Columbia Gulf Transmission, the natural gas pipeline along the US Gulf Coast, has received authorisation from the Federal Energy Regulatory Commission that will enable the supply of…
Algerian Minister of Energy and Mines, Mohamed Arkab, said at a meeting of 15 African energy-producing nations, six of them LNG exporters, that they should unite to find solutions to…
Free ReadHöegh family-owned firm and its new bank partner plan to delist company from the Oslo Exchange LNG News Editor:  Höegh LNG, the Norwegian LNG fleet owner and floating terminal projects…
LNG News Editor:  The Norwegian small-scale LNG business of Stolt-Nielsen and partners Höegh LNG and Golar LNG has taken delivery of another gas supply and bunkering vessel (LBV) from the…
Royal Dutch Shell said it signed agreements to charter 10 new crude oil tankers powered by dual-fuel liquefied natural gas engines and under construction in South Korea.
LNG News Editor:  Tokyo Gas, the second-largest Japanese liquefied natural gas importer, has completed construction of a high-pressure pipeline called the Ibaraki Line to complete the mutual back-up system between…
Free ReadJapanese spot LNG prices for delivered cargoes in February soared to as high as $16.30 per million British thermal units, a total of $10.80 per MMBtu more than in the…
Fifteen Japanese companies led by the utility Tokyo Gas have launched a group called the Carbon Neutral LNG Buyers Alliance to promote the use of cleaner LNG as a penance…
LNG News Editor:  Italian natural gas network and LNG terminal operator Snam said it was exploring opportunities to expand into the small-scale and mid-scale liquefaction plant sector and had signed…
Free ReadLNG News Editor:  Gasum, the Finnish state-owned LNG distribution company and regasification and liquefaction infrastructure owner in the Nordic region, is expanding its geographic reach to France after already entering…
LNG News Editor:  Atlantic Gulf and Pacific Company, the Singapore-based LNG and natural gas logistics and distribution company, has been issued with a Notice to Proceed (NTP) by the Department…
The London-based Baltic Exchange is starting its first full week of issuing independent indices for liquified natural gas propulsion fuel, based on vessels burning LNG rather than marine fuel oil…

News Nudges

Total-Siemens tech plans

French major Total and Siemens Energy of Germany have signed a technical collaboration agreement to study sustainable solutions for reducing carbon-dioxide emissions at liquefied natural gas plants and associated power generation facilities. “Each partner will bring together their best-in-class technologies and combine their know-how to deliver industrial-stage solutions such as combustion of clean hydrogen in gas turbines, competitive all-electrical liquefaction, optimized power generation, the integration of renewable energy in liquefaction plants’ power system,” explained Total.


Gas for Chechnya

Russian natural gas company Gazprom has opened the Mozdok-Grozny gas trunkline to improve supplies to the Chechen Republic, part of Russia's North Caucasian District and which was the subject of two separatist wars from 1994 to 2009. The pipeline crosses under 13 roads and six bodies of water, including the Terek River. An affiliated gas distribution station with an hourly capacity of 247,000 cubic metres was created as part of the project in the North Caucasus region between the Black Sea and the Caspian Sea.


Charter rates rise

Shipping charter rates for LNG carriers in the spot market increased for West of Suez by around $13,500 per day to average between $55,000 per day and $51,000 per day for vessels of 155,000-165,000 cubic metres capacity. In the East of Suez charter market average rates rose by around $4,000 per day to between $43,000 per day and $39,000 per day, according to various brokers.