In this issue

 

TC Energy Corp., the Canada-based North American pipeline and infrastructure company, has agreed to sell US shale basin midstream assets held by its subsidiary Columbia Midstream Group for US$1.27 billion…
LNG Journal editor TechnipFMC, the Franco-US energy engineering company, said it was awarded a significant subsea contract by Reliance Industries of India for the development of a large natural gas…
Free ReadJGC Corp. of Japan, one of the leading global energy engineering companies with successful project completions such as Ichthys LNG in Australia and the Russian Yamal venture, has named its…
LNG Journal editor Kosmos Energy, the main shareholder with BP of the UK in floating liquefied natural gas projects offshore Mauritania and Senegal in West Africa, said the latest well…
LNG Journal editor The Dunkirk liquefied natural gas import terminal on the Channel Coast of France said it accommodated 37 LNG carriers during the first five months of the year…
The Belgian Federal Commission for Electricity and Gas Regulation has approved the tariff and liquefied natural gas services agreement proposals for unloading slots and additional storage services at the Zeebrugge…
Free ReadAncala Partners, a London-based private equity fund, has acquired a 50 percent stake in the UK Dragon LNG import terminal in Milford Haven in Wales from Malaysian energy company Petronas.…
LNG Journal editor General Electric, the US power systems provider, said it was chosen to provide key equipment for the proposed increase in liquefied natural gas production at the Sultanate…
Algeria, the North African liquefied natural gas producer, has agreed a renewed deal with Tunisia and Italian energy company Eni for the pipeline transportation of more natural gas to southern…
Free ReadPieridae Energy buys Shell Canada Energy assets in Alberta to boost export plan LNG Journal editor Pieridae Energy, the developer of the German-backed Goldboro LNG project in the Canadian Atlantic…
LNG Journal editor Argentine oil and gas producer, Yacimientos Petroleiferos Fiscales (YPF), has sold overseas bonds for the first time in more than a year amid a slow return of…
The American Gas Association has welcomed the balanced perspective taken in the draft guidance released by the White House Council on Environmental Quality in relation to the greenhouse-gas emissions of…
Free ReadLNG Journal editor The Indian Hiranandani group said a floating storage and regasification import project at Jaigarh port, south of the West Coast city of Mumbai, is on scheduled to…
Chinese liquefied natural gas imports increased in May compared with the year-ago period as new regasification facilities are planned, including in Hong Kong.

News Nudges

Pemex adds to gas projects

Mexican state energy company Petróleos Mexicanos (Pemex) is seeking a 2020 budget of 523,425 billion pesos ($27 billion), an almost 9 percent increase from the amount approved by the government for 2019. Pemex is focusing on brings natural gas fields on stream to reduce the medium-term financial burden of LNG and pipeline natural gas imports and about half of the 2020 budget will go on exploration and production. The onshore Ixachi natural gas and condensate project in Veracruz state is one of the fields being targeted as the nation’s third-largest upstream project. Pemex plans to drill 47 wells at Ixachi, where natural gas output is expected to reach more than 635 million cubic feet per day. Ixachi is one of 20 fields with accelerating development plans as Pemex seeks to reverse more than 10 years of declining oil and natural gas output.


OLT Offshore on track

OLT Offshore LNG Toscana’s terminal offshore the west coast of Italy will work at 100 percent of its capacity with 41 slots being used for the Gas Year 2019-2020 with the total allocated capacity amounting to 6.3 million cubic metres. “This confirms the effectiveness of the new allocation capacity mechanism via auctions introduced in 2018, which makes the regasification sector more flexible and in line with market demands, both for the spot market and the long-term and medium-term ones,” said OLT Offshore. The “FSRU Toscana” offshore the port of Livorno will also be increasing the small-scale services available once modifications are completed. Small-scale commercial activities are expected to begin in 2021, allowing slots for small carriers to deliver LNG into storage under construction at regional ports for services such as the provision of trucking fuel and bunkering.


GTT storage tank orders

French LNG storage tanks technology company Gaztransport & Technigaz (GTT) said it received two separate orders from the South Korean shipyard Hyundai Heavy Industries on behalf of two Greek shipping lines, Tsakos Energy Navigation and Capital Gas Carriers. Both vessels will have storage capacity of 174,000 cubic metres. “GTT will design the tanks of the vessels, which will be fitted with the Mark III Flex membrane containment system,” said the Paris-based company. “The delivery of the ships is planned during the fourth quarter of 2021,” added GT.