In this issue

 

LNG News Editor: US LNG equipment-maker and provider Air Products posted a rise of 7 percent in fiscal full-year net income to $1.93 billion as it was awarded three major…
Free ReadLNG News Editor:  US engineering company McDermott International was awarded a contract to provide front-end engineering and design services for the Ichthys liquified natural gas field development of Japanese energy…
LNG News Editor:  Cheniere Energy, owner of the Sabine Pass LNG export plant in Louisiana and the Corpus Christi facility in Texas, reported a third-quarter net loss of $463 million…
Italian natural gas network operator Snam, one of Europe’s leading energy infrastructure companies and operator of two LNG import terminals, reported an almost 4 percent rise in nine-month revenues to…
Tellurian Inc., the developer of a Gulf Coast plant in Louisiana with an associated pipeline and offering partners cargoes at $3.50 per million British thermal units, said the Asian market…
Free ReadLNG News Editor: Abu Dhabi National Oil Company’s LNG unit has signed a supply agreement with global commodities company Vitol for the sale of 1.8 million tonnes per annum of…
Foran Energy Group, the Chinese natural gas distribution company in the south of the country, has signed a framework liquefied natural gas supply agreement with US exporter Cheniere Energy, owner…
BP posted a narrowing loss while oil division helps pull Shell back into the profits zone
LNG News Editor:  JERA Co Inc., the largest Japanese LNG buyer, said it signed an accord with ExxonMobil and the city government of the Vietnamese port of Haiphong to work…
Free ReadJapanese companies Mitsubishi Corp. and Air Water Inc. said they had jointly developed a compact LNG fuel filling station facility aimed at the growing global market for LNG-powered trucks. “This…
LNG News Editor:  Enagás, the Spanish natural gas grid operator and LNG terminal network owner, has signed an agreement with Italian utility Edison, to become a shareholder in a new…
Equinor, the Norwegian oil and gas company, said the Hammerfest LNG export plant that suffered a fire last month will be closed for 12 months for repairs.
Free ReadThe Dutch Gate LNG import terminal in Rotterdam has awarded a contract to Spanish energy engineering company Sener to provide engineering, procurement and construction management (EPCM) services needed for better…
LNG News Editor:  The World Bank said the six members of the Gulf Cooperation Council, including LNG exporters Qatar, Oman and the United Arab Emirates are bouncing back to positive…

News Nudges

Azeri gas for EU

Azerbaijan, the former republic of the Soviet Union, has started commercial natural gas supplies to southern Europe via the Trans- Adriatic Pipeline (TAP) in competition to LNG and Russian pipeline gas from Gazprom. The TAP pipeline is 3,500 kilometres in length and is part of the $40-billion Southern Gas Corridor bringing natural gas to Europe from the Shah Deniz II field in the Caspian Sea, operated by UK oil and gas major BP. Azerbaijan plans to supply the markets of the European Union with 10 billion cubic metres per annum of pipeline gas, including 8 Bcm to Italy and a combined 2 Bcm to Greece and Bulgaria.


Capital ship delivery

Capital Gas Ship Management Corp., the Greek company based in the port of Piraeus, has taken delivery of the LNG carrier newbuild, the “Aristidis I”, from the Hyundai Heavy Industries shipyard in South Korea. The “Arisidis I” has been chartered to BP Shipping of the UK for a period up to 12 years. “With cargo capacity of 174,000 cubic metres, the vessel is highly efficient, propelled with XDF engines and equipped with the latest available technologies, including an air lubrication system and increased filling limits (up to 93.5 percent),” said Capital Gas.


Pan Ocean newbuild

South Korean shipbuilder Samsung Heavy Industries has signed a deal valued at 199 billion South Korean won ($185 million), to build a liquefied natural gas carrier for the South Korean shipping company Pan Ocean Co. The Korean shipping line has delivered cargoes of LNG since 2008 for the nation’s largest importer, Korea Gas Corp.