In this issue


Japanese spot LNG cargo prices edged up last month on a contracted basis to $10.70 per million British thermal units as winter demand gathered pace in North Asia, where prices are now an average $2.50 per MMBtu higher than a year ago. 

Tellurian Inc., developer of the Driftwood LNG export plant in Louisiana, said it advanced the sale of LNG and Driftwood partnership interests with around 35 customers and potential partners conducting due diligence and would announce the investor and buyer list by year-end. 

LNG Journal editor

Avenir LNG, a small-scale niche market joint venture involving Stolt-Nielsen Ltd, the shipping and storage group and its Norwegian peers, Hoegh LNG and Golar LNG, is now registered on the Oslo over-the-counter market after holding a private share placement. 

Lloyd's Register, the UK maritime classification society, presented South Korean shipbuilder STX with an approval in principle for a tanker design capable of using liquefied natural gas as a fuel. 

LNG Journal editor

The International Group of LNG Importers, involving 83 companies, has held a meeting in the Japanese city of Fukuoka and issued a statement on the future role of LNG as a clean and flexible solution for a responsible energy future. 

LNG Journal editor

The Kingdom of Bahrain said it would receive its commissioning cargo from Abu Dhabi National Oil Company when the facility becomes operational in 2019. 

Murphy Oil, the US exploration and production company whose Rotan natural gas discovery offshore Malaysia is the subject of a floating LNG joint venture with state energy company Petronas, has returned a third-quarter profit after posting a loss in the same three months of 2017. 

Italian energy company Eni signed an agreement for the sale of a 20 percent interest to Mubadala Petroleum from Eni’s share in the Nour North Sinai Offshore block after Mubadala had previously invested in the Zohr field that enabled the Egyptians to re-start LNG exports. 

LNG Journal editor

French energy major Total has been awarded a 40 percent concession by the Abu Dhabi National Oil Company, owner of the Das Island LNG export plant and other assets, in the Ruwais Diyab unconventional gas basin which Total says has the potential to be a high impact play ranking alongside the most prolific North American shale-gas plays. 

Saudi Aramco, the Saudi Arabian oil producer and one of the world’s largest companies by revenue, and Abu Dhabi National Oil Company have signed a framework agreement to explore opportunities for cooperation in the natural gas and liquefied natural gas sectors between Saudi Arabia and the United Arab Emirates. 

UAE plans to seize incremental LNG and gas-to-chemicals growth opportunities

LNG Journal editor

Abu Dhabi National Oil Company (Adnoc), the leading energy group in the United Arab Emirates, has issued a plan of action for its recently discovered 15 trillion cubic feet of natural gas and substantial additional oil reserves while preparing to award new exploration licences early in 2019. 

LNG Journal editor

Kinder Morgan, the US pipeline company, has placed into service its Louisiana natural gas pipeline system serving the Cheniere Energy Sabine Pass LNG export plant to provide additional feed-gas volumes for the fifth liquefaction Train now being commissioned. 

Air Products, the US LNG equipment-maker and industrial gases company, has signed an agreement to acquire the General Electric gasification business, including more than 1,000 patents relating to GE gasification technology. 

LNG Journal editor

German Chancellor Angela Merkel pledged during a visit to Poland to speed up the development of liquefied natural gas infrastructure in Germany as it remains the only prominent European Union member without an LNG regasification terminal. 

News Nudges

Tenerife LNG bunkering

Dutch shipping line Anthony Veder said its small-scale LNG carrier, the 7,500 cubic metres capacity “Coral Methane”, has successfully carried out its first liquefied natural gas bunkering operation on the world’s first LNG-powered cruise ship at Santa Cruz de Tenerife in the Spanish Canary Islands. The “Coral Methane” fueled the “AIDAnova”, the newest ship from AIDA Cruises, which made history as the cruise industry’s first ship to be powered at sea and in port by LNG.

Crowley LNG success

Crowley Maritime Corp. said its new combination LNG-powered container-roll-on roll-off ship, the “Taino”, successfully completed its first voyage to Puerto Rico after receiving fuel for the first time at the Eagle LNG bunkering station in the Florida port of Jacksonville and departing on January 8. “The successful transit puts a historic capstone on the company’s Commitment Class modernization project and begins a new era of world-class supply chain services between the island commonwealth, the US mainland and the Caribbean Basin,” said Crowley.

LNG cargoes for China

The 148,300 cubic metres capacity carrier “LNG Ondo” will deliver a cargo on January 24 to the Qidong terminal in Jiangsu province from the Nigeria LNG plant on Bonny Island. The 170,050 cubic metres capacity carrier “Hoegh Giant” is scheduled to arrive on January 25 at the Chinese port of Tianjin with a cargo from the US Sabine Pass plant in Louisiana. The 266,000 cubic metres capacity Q-Max carrier “Al Dafna” will deliver a cargo on January 25 to PetroChina’s Tangshan terminal in northeast Hebei province from Ras Laffan in Qatar.