In this issue

 

Our North America editor Hawaii Gas, with operations on six islands of the US state, is planning to award contracts within months under its plan to import liquefied natural gas,…
Our North America editor US natural gas prices for next-day delivery at the Henry Hub hit their lowest point since April 2012 at $1.92 per million British thermal units, though…
Cheniere Energy's US Sabine Pass LNG export plant is scheduled to ship its first cargo by the end of January 2016 and the Houston-based company's other liquefaction project at Corpus…
Our Europe editor Chevron Corp. has started natural gas and oil production from an offshore field that spans the national boundaries for the first time of two African nations, one…
South African energy producer Sasol has jumped into the Mozambique LNG feed-gas equation by securing an exploration block shareholding with Italian energy producer Eni and others in a new bid…
Wison Offshore and Marine, the Chinese shipbuilder involved in LNG projects at its Nantong shipyard, has secured 4 billion Yuan ($630 million) financing from China Minsheng Bank.
Our Europe editor Royal Dutch Shell's second liquefied natural gas-powered offshore supply vessel "Harvey Power" has taken to the water in the US Gulf of Mexico and will serve platforms…
Crowley Maritime Corp., the US shipping line, held a naming ceremony on November 3 for the first of four new Jones Act oil products tankers with liquefied natural gas conversion…
The American Bureau of Shipping, the US classification society, was selected to class an LNG bunker barge under construction at a Texas shipyard that will be used to refuel ocean-going…

News Nudges

Granholm speech

A highlights on day three was a speech from US Energy Secretary Jennifer Granholm when she rowed back on previous anti-hydrocarbon industry statements. “We know that oil and gas is going to remain a part of our energy mix for years to come,” said Granholm. “Even the boldest projections for clean energy deployment suggest that in the middle of the century we are going to be using abated fossil fuels,” she declared. Analysts said that the speech was a sign from the Biden Administration that its understanding of energy reality is evolving and policy is not being totally overshadowed by a green-and-extreme wish list.


Bahrain FLNG move

The Arabian Gulf state of Bahrain announced that it was considering the production of LNG using a floating liquefaction facility. The plan was revealed by Nasser bin Hamad Al-Khalifa, Chairman of Bahrain’s National Oil and Gas Holding Company. “We are studying the possibility of constructing a floating liquefied natural gas facility to export gas to capture some of the strong international demand,” Al-Khalifa said.


YPF-Petronas LNG plan

Argentina's state-controlled energy company YPF and Malaysia's Petronas said in a presentation that they expected to make a final decision in 2024 on the first phase of a huge natural gas project in Argentina backed by Malaysian-led finance. The YPF-Petronas venture has five phases comprising natural gas production, gas storage, pipeline transportation, liquefaction into LNG and then LNG exports. “Drilling rigs are expected to be imported for the upstream portion of the gas project,” said YPF Chief Executive Pablo Iuliano.