In this issue

 

LNG News Editor:  Naturgy Group, the Spanish-based global utility and LNG market participant, saw nine-month earnings drop but still turned a profit and its earnings report gives an insight into…
Naturgy, the Spanish utility and buyer of both Russian and US liquefied natural gas volumes, has agreed to extend its long-term LNG supply contract with the Puerto Rico Electric Power…
Free ReadCEOs say that Asian prices will be much stronger through the 2021 first quarter LNG News Editor:  Australian liquefied natural gas exporters are leading the revival in cargo trading into…
LNG News Editor:  Oil Search, the Australian-listed company based in Papua New Guinea, said that discussions were continuing between PNG LNG plant operator ExxonMobil and the Oceania nation’s government on…
Enagás, the Spanish natural gas network operator and LNG terminal owner, said its terminals unloaded 190 LNG cargoes in the first nine months of 2020, 4 percent more than in…
Free ReadLNG News Editor:  TechnipFMC, the energy projects and subsea company, said its Technip Energies division had third-quarter revenues of $1.60 billion and benefited from the continued ramp-up of Novatek’s Arctic…
Infraestructura Energética Nova (IEnova), the subsidiary in Mexico of Cameron LNG plant owner Sempra Energy and with plans for Mexican LNG production, reported a third-quarter increase in earnings.
The US Federal Energy Regulatory Commission has given pipeline company Kinder Morgan permission to start construction of the proposed Acadiana natural gas pipeline project in Louisiana linked to the Cheniere…
LNG News Editor:  ConocoPhillips, one of the pioneers of LNG in North America, is taking over unconventional onshore oil and gas company Concho Resources in an all-stock deal for $9.7…
Free ReadGaztransport and Technigaz (GTT), the French technology firm and designer of liquefied natural gas storage tanks, has acquired another French firm specializing in the assembly of electrolysers for the production…
LNG News Editor:  Pilot LNG, a US infrastructure company planning the first dedicated liquefied natural gas bunkering facility to serve the Texas Gulf Coast ports of Galveston, Houston and Texas…
LNG News Editor:  JERA Co. Inc., the largest Japanese LNG buyer, said it formally started its LNG bunkering business in the Chubu region of Japan through the nation’s first ship-to-ship…
Free ReadThe American Bureau of Shipping, the US maritime classification society, said that in a new survey liquefied natural gas and hydrogen are viewed as the frontrunners to be the fuels…
The shipbuilding unit of Japan’s Mitsubishi Heavy Industries has been granted approval for a liquefied natural gas fuel gas supply system (FGSS) for marine four-stroke, dual-fuel engines.

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.