In this issue

 

Free ReadLNG News Editor:  China National Offshore Oil Corp., one of China’s main LNG importers, said its newly discovered Bozhong 13-2 oil and natural gas field in the Bohai Sea offshore…
LNG News Editor:  TC Energy, the Canada-based North American pipeline company, said it was working with the Royal Dutch Shell-led LNG Canada project on establishing a revised project schedule for…
LNG News Editor:  Pavilion Energy, the subsidiary of Singapore wealth fund Temasek, said its trading unit had signed an agreement with US major Chevron Corp. for the Asian city state…
Free ReadReganosa, the Spanish LNG terminal company, is expanding its portfolio of operated terminals by winning the contract to operate and maintain the regasification facility being brought online on the Italian…
Woodside Petroleum said its Singapore-based trading unit signed a sale and purchase agreement (SPA) with Germany utility and energy company RWE Supply & Trading GmbH for the supply of LNG…
LNG News Editor:  India posted a drop of more than 14 percent in liquefied natural gas imports last month amid higher prices and as the economy still lagged because of…
Free ReadJapan’s liquefied natural gas imports jumped by 7.3 percent last month, backed by a more than doubling of US supplies, underpinned by cargoes from Australia and the spot market, while…
CEO Pouyanné says that to anchor transformation AGM in May will vote for new name - Total Energies
LNG News Editor:  Algerian state energy company Sonatrach, one of the main suppliers of LNG and pipeline natural gas to Europe, has commissioned the Boosting III project for the Hassi…
Energy World Corp., the Australian-listed power project developer in southeast Asia, has managed to get its liquefied natural gas and power venture on the South Sulawesi coast of eastern Indonesia…
Free ReadLNG News Editor  Inpex Corp. of Japan, operator of the Ichthys plant in Northern Australia and a shareholder in the offshore Prelude FLNG plant with Royal Dutch Shell, reported losses…
Japanese spot LNG prices soared for contracted and delivered cargoes in January to as high as $18.50 per million British thermal units, back to the levels they were in 2014…
Air Products, the leading provider of LNG equipment and processing and industrial gases, reported a fiscal quarterly increase of 5 percent in sales to $2.4 billion, though net income remained…
Free ReadLNG News Editor:  Qatar Petroleum has taken the final investment decision and signed project engineering contracts with Japanese company Chiyoda Corp. and European-based Technip Energies for a major liquefied natural…

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.