In this issue

 

Free ReadThe ‘Brassavola’ is first newbuild LNG bunker vessel for the Temasek unit  LNG News Editor:  Pavilion Energy of Singapore and Japanese shipping company Mitsui OSK Lines held a ship-naming ceremony at Sembcorp Marine’s…
LNG News Editor:  Pavilion Energy and European classification society DNV have jointly developed a successful digital LNG bunkering method for employment in the Port of Singapore.
European maritime classification society DNV said that there was still momentum in orders for LNG-powered vessels from ship owners in the month of September even at a time of very…
Free ReadLNG News Editor:  Leading European Union LNG import terminal owner and grid operator, Enagás of Spain, has signed a firm agreement in Albania to help the Balkan nation’s natural gas…
Höegh LNG Holdings, the owner of 10 floating storage and regasification units (FSRUs) and two conventional carriers, has agreed to grant a purchase option to Lithuania to buy the FSRU…
The Baltic state of Lithuania has allocated the long-term capacity on a regional basis for the floating liquefied natural gas import facility at the port of Klaipėda.
LNG News Editor:  Germany, the leading European Union economy with plans for about half-a-dozen LNG import projects to replace halted Russian pipeline gas, has seen spot natural gas prices drop…
Free ReadLNG News Editor:  Renergen, the emerging South African company with liquefied natural gas and liquefied helium production plans, is continuing its drilling programme after starting LNG production in September and…
Free ReadLNG News Editor:  New Fortress Energy Inc., the expanding LNG terminals, production, shipping and power assets owner, has closed the sale of a power plant in northeast Brazil and said…
Technip Energies, the French-listed energy and LNG engineering company, said it was awarded a contract by a unit of Thailand’s national energy company for a gas plant near the Malaysian…
Korea Electric Power Corp., the state-run utility, said it planned to import more coal this winter because of the price differential between coal and liquefied national gas shipments in terms…
Free ReadLNG News Editor:  QatarEnergy Chief Executive Saad Sherida Al-Kaabi said the soaring cost of energy was “weighing painfully” on the world economy and eroding support among the general public for…
The Australian government said the nation’s LNG export earnings are forecast to rise to A$90 billion (US$58.2Bln) in the current fiscal year from A$70Bln in the previous year as the…
Santos, the operator of two Australian LNG plants and the largest stakeholder in the Papua New Guinea export facility, has signed a new memorandum of understanding aimed at securing stable…

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.