In this issue

 

Free ReadLNG News Editor:  The Abu Dhabi National Oil Company’s LNG subsidiary has awarded the front-end engineering and design contract for the rejuvenation of two liquefaction Trains at the Das Island…
Pembina Pipeline Corp., developer of the now blocked Jordan Cove LNG export plant in the US northwest state of Oregon, took a hit in its fourth-quarter earnings after the project…
LNG News Editor:  Royal Dutch Shell has confirmed its leadership in liquefied natural gas supply for LNG-powered ships by chartering another bunkering vessel under construction in Spain.
Free ReadNorway, the main West European supplier of long-term pipeline natural gas directly to Germany, France Belgium and the UK, said seven companies had applied for production licences in the 25th…
The Maritime and Port Authority of Singapore (MPA) has awarded a third LNG bunkering supplier licence to French energy major Total to operate in the Asian city-state supplying ship-to-ship fuel.
LNG News Editor:  Gaztransport and Technigaz, the French technology and engineering company for LNG storage, has signed an additional cooperation agreement related to the Tianjin Nangang LNG import terminal currently…
LNG News Editor:  Dutch shipbuilder Ferus Smit has launched the latest LNG-powered oil-chemical tanker for the shipping company Thun Tankers based in southern Sweden.
Free ReadLNG News Editor:  Two years after Indian Prime Minister Narendra Modi inaugurated the first Indian East Coast liquefied natural gas import terminal at Kamarajar Port, also known as Ennore, Qatargas…
Royal Dutch Shell’s subsidiary in India is exploring partnerships with other companies to expand the liquefied natural gas fuel market for vehicles and also expects LNG truck-loading bays to increase…
Sri Lanka has launched a tender process to secure a floating storage and regasification unit to start imports of liquefied natural gas offshore the port of Kerawalapitiya, located north of…
LNG News Editor:  Qatar Petroleum entered into a new long-term supply deal with Pakistan State Oil Company (PSO) for the supply of up to an additional 3 million tonnes per…
Free ReadQatar and Saudi Arabia have spoken up for the LNG and oil export prospects of the Arab Gulf region and with both countries also embracing technologies for carbon-capture and renewable…
Houston-based company’s CEO Jack Fusco says he hopes China trade will move beyond spot cargoes
LNG News Editor:  Italian energy engineering company Saipem has been awarded a $1.7-billion contract by Qatargas for the development of the North Field Production Project offshore of the Northeast coast…

News Nudges

Total deal on bunkering

Total and Swiss-based MSC Cruises have signed an agreement for the French energy company to supply around 45,000 tonnes per annum of LNG for cruise ships calling at the Port of Marseilles. Total said it already had worldwide bunkering ties with MSC Cruises. “As we prepare to launch our first of three upcoming LNG-powered cruise ships in 2022, through this key agreement Marseilles will become our hub in the Mediterranean for the refuelling of our latest-generation and most environmentally advanced ships,” declared Pierfrancesco Vago, Executive Chairman of MSC Cruises.


Charter rates edge higher

Shipping charter rates for LNG carriers in the spot market increased for West Of Suez by $2,000 per day to average between $34,000 per day and $30,000 per day for vessels of 155,000-165,000 cubic metres capacity. One-year charter rates for the most modern vessels also increased to around $54,000 per day from last week’s $49,000 per day.


Tokyo Gas spin-off plan

Tokyo Gas, one of the main Japanese LNG importers, said it would spin off a “preparatory company” to facilitate and ensure preparations for the legal separation of the Tokyo Gas pipeline division required by April 2022 under the Japanese Gas Business Act covering market liberalization. “The spin-off of the gas pipeline business is subject to approval by a resolution of the annual general meeting of shareholders scheduled to be held in June 2021 and the acquisition of licenses and approvals by the competent government agencies,” said Tokyo Gas.