In this issue

 

LNG News  Editor QatarEnergy selected ConocoPhillips as its third and final international partner in the North Field South (NFS) expansion project comprising two LNG mega-Trains with a combined capacity of…
Free ReadChart Industries, the US LNG equipment-maker and industrial gases and clean energy company, reported a record backlog for an eighth consecutive quarter, surpassing $2 billion for the first time in…
LNG News  Editor The Gas Exporting Countries Forum (GECF), the OPEC of natural gas and LNG, has held its 24th Ministerial Meeting in Cairo and stated that attempts to cap…
Saudi Arabian Oil Company (Aramco), the world’s largest seller of crude oil, reported an almost 40 percent rise in third-quarter net income to $42.4 billion as global crude oil prices…
Free ReadRichard Kinder: ‘Hyper growth scenario actually seems pretty reasonable to me’  LNG News Editor:  Kinder Morgan Inc., the leading US pipeline feed-gas pipeline company for liquefied natural gas plants and a key…
LNG News Editor:  TC Energy and Pembina Pipeline, the North American energy infrastructure and LNG project companies, have entered into a carbon-sequestration evaluation agreement with the Canadian provincial government of…
Baker Hughes, the US liquefied natural gas equipment-maker and energy services company, said in reporting third-quarter earnings that even amid economic challenges the outlook for oil, gas and LNG was…
Tuesday, 25 October 2022
Deutsche ReGas, a private company that has raised financing from Australian investment bank Macquarie Capital, said it aimed to import LNG in the next few months at the Baltic port…
Free ReadLNG News Editor:  The US Department of Energy has published its latest LNG monthly export data showing the Netherlands, South Korea, France, Spain and the UK receiving the most cargoes…
LNG News Editor:  GRTgaz, the French gas grid company with three liquefied natural gas import terminals under its control, began transporting pipeline gas to Germany after reversing the normal flow…
LNG News Editor:  Flogas Britain, a leading UK supplier of LNG by truck, is also continuing to be a top shipper of liquefied petroleum gas (LPG) and has just been…
Free ReadLNG News Editor:  The US Government has issued a waiver of Jones Act shipping rules to help the US territory of Puerto Rico attract LNG shipments amid a tight market…
Tuesday, 25 October 2022
The oldest Italian LNG import terminal, the onshore Panigaglia facility near the port of Genoa, is set to receive more cargoes for the 2022-2023 winter season as the nation fully…
Seaspan Corp, the Hong Kong-based owner and operator of container vessels, has launched the first in a series of 10 containerships of 15,000 twenty-foot-units liquefied natural gas (LNG) dual-fuel containerships…

News Nudges

Russian LNG cargoes

Japan and China remain the biggest buyers of LNG from Russia, whose two export plants are Sakhalin in the Russian Far East and the Yamal plant in Northern Siberia. Shipping data showed that between January and October 2022 Japan bought around 5.96 million tonnes of LNG from Russia, a fall of 10 percent from 2021, while China purchased 5.67MT, an increase of 24 percent from 2021. After Japan and China, the other main buyers of Russian LNG cargoes through October 2022 have been France (4.75MT), Spain (3.24MT), Belgium (1.78MT) and the Netherlands (1.67MT).


Newbuilds increase

Shipyards in China and South Korea have seen orders in the past month for at least eight newbuild liquefied natural gas carriers and one floating storage and regasification unit (FSRU) as the global fleet expands to meet rising demand. The orders include two vessels of 175,000 cubic metres capacity under an order made by German ship management company Hammonia Reederei and to be delivered between 2025 and 2026 from China's Yangzijiang Shipbuilding.


Woodside funding

Woodside Energy, the operator of the North West Shelf and Pluto LNG plants in Western Australia, said it had continued its track record of contributions to the state’s communities with a A$50 million (US$33M) commitment to the Resources Community Investment Initiative (RCII) announced by State Premier Mark McGowan. Woodside Chief Executive Meg O’Neill said Woodside was pleased to join with the WA Government and other industry participants to establish the RCII, which will facilitate investment in infrastructure projects and community and social initiatives across the state.