LNG

Hokkaido Electric Power, the Japanese utility, said it started loading trucks with liquefied natural gas at its Ishikari import facility for a small-scale distribution business aimed at industrial customers. 

Jera Co. Inc., the largest Japanese liquefied natural gas importer with around 40 million tonnes per annum of requirements, said it was still replacing ageing oil-fired thermal power plants in Japan with coal-fired units instead of gas for economic reasons. 

LNG Journal editor

The growth of liquefied natural gas as a maritime fuel option when the 2020 sulfur limit enters into force has been boosted by the Port of Singapore’s plans to prohibit the discharge of wash water from open-loop exhaust-gas cleaners into its waters. 

Thailand’s state energy company PTT Exploration and Production said the he Mozambique LNG export project it is a part of is progressing well towards a final investment decision in the first half of 2019 as the joint venture partners sold more volumes. 

Novatek Chairman Leonid Mikhelson said third liquefaction Train is year ahead of schedule

LNG Journal editor

The owners of the Yamal LNG plant in the Arctic region of Russia are ramping up its cargo deliveries to Asia and the European trans-shipment market as the three-Train facility is now fully on stream. 

LNG Journal editor

Wintershall, the German oil and gas major, has purchased a 10 percent stake in the Ghasha natural gas mega-project in Abu Dhabi in the United Arab Emirates, boosting the future merger between Wintershall and Deutsche Erdoel AG (DEA) set for 2019. 

Pieridae Energy, the Canadian exploration and production company and developer of the Goldboro LNG export project in Nova Scotia with German-backed funding and sales accords, reported a net loss in its latest earnings as it awaited the completion of an acquisition. 

LNG Journal editor

Hoegh LNG, the Norwegian fleet owner, posted a rise in third-quarter net income and higher revenues from new floating storage and regasification unit (FSRU) charters, while it was in the final round of tenders for four other projects. 

CNP Corp., the Taiwanese energy company, said it received its first cargo on November 26 from the Ichthys LNG export plant in the Northern Territory of Australia, as the Asian country claimed as part of China broadens its supply sources. 

Flex LNG, the growing LNG shipping company with four vessels operating and nine others on order and whose shareholders include trusts connected to Norwegian magnate John Fredriksen, reported rising third-quarter revenues of $19 million and a booming winter charter market.