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Indian liquefied natural gas imports rose by 6 percent in March, the second successive month of increases after two months of declines as shipments came from the…
Shale regions of the US oil and gas industry, which are at the centre of the shale-gas boom for LNG exports and the availability of more domestic…
Japanese liquefied natural gas imports stayed in the high end at more than 8 million tonnes for March, in line with the volumes purchased in the same…
Australian energy company Santos said the Gladstone coal-seam-gas-to-LNG plant it operates in the eastern state of Queensland increased production to 1.4 million tonnes for the quarter, backed…
Woodside Petroleum, the largest Australian liquefied natural gas plant operator, posted a drop in overall sales revenue in the first quarter of almost 9 percent as cyclone weather hit production…
Skangas, the Norwegian liquefied natural gas supplier and facility operator, has named Kimmo Rahkamo as its new chief executive in succession to Tor Morten Osmundsen.
Tellurian Investments Inc., a subsidiary of the Driftwood LNG development company Tellurian Inc., and former BG Group executive Martin Houston, a Tellurian director, have settled a $168…
Oil Search, a stakeholder in the Papua New Guinea LNG plant, said the joint venture planning its expansion will start the engineering phase by the end of 2017…
Origin Energy, the Australian utility and stakeholder in the Australia Pacific LNG plant in Queensland, said its current head of its Integrated Gas division, David Baldwin, was…
The US Rio Grande LNG project development company in Texas run by former Royal Dutch Shell senior executive Kathleen Eisbrenner has signed a definitive agreement to become…
Cheniere Energy’s Sabine Pass LNG export plant in Louisiana sent out a record 16 cargoes and broadened its monthly delivery count to 10 different countries while splitting…

Spanish firm on track

April 21 (LNGJ) - Gas Natural Fenosa of Spain, one of Europe’s main LNG players with a supply agreement at Sabine Pass in the US, has held its annual shareholder meeting in Barcelona. Chief Executive Rafael Villaseca highlighted the company’s business performance, which was above the average for comparable companies in Europe. Villaseca said that GNF last year obtained 75 percent of its gross earnings from the regulated activities of gas and electricity distribution and the remaining 25 percent from liberalized power generation and natural gas marketing activities. “Gas Natural Fenosa is in an excellent position to capture international growth thanks to its diversified presence, which offers greater exposure to opportunities in the gas wholesale business and new emerging markets,” said the CEO.

Vitol-Gazprom LNG deal

April 20 (LNGJ) - Swiss-based global commodities company Vitol has signed a multi-year LNG purchase agreement for the Russian player Gazprom Marketing and Trading (Singapore) to supply around 300,000 tonnes of LNG per annum from 2018. The supply will come from Gazprom’s diversified LNG portfolio.  “We are delighted to be working with Gazprom Marketing and Trading, a subsidiary of Gazprom, the world’s largest producer of natural gas,” said Pablo Galante Escobar, Head of LNG at Vitol. “Vitol is an established participant in LNG markets globally and this development will strengthen our offering to customers worldwide,” he added. Vitol, whose headquarters are in Geneva, has been active in the LNG sector since 2005 and last year supplied 3 million tonnes of LNG to customers.

Q-Max LNG for UK April 26

April 20 (LNGJ) - The 261,700 cubic metres capacity Q-Max vessel “Al Samriya” is scheduled to unload a cargo on April 26 at the UK South Hook import terminal in Milford Haven in Wales, the port authority said. The delivery was fixed as the UK National Balancing Point benchmark natural gas price was last at the equivalent of $5.00 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was quoted at around $4.75 per MMBtu.

France-Argentina LNG

April 19 (LNGJ) - The 147,200 cubic metres capacity “Arctic Lady” will deliver a shipment on April 25 to the French Fos import terminal near Marseilles from the Hammerfest liquefaction plant in northern Norway operated by Statoil, according to shipping data. The 145,700 cubic metres capacity “LNG Benue” will unload a Nigerian cargo on April 27 at the Montoir-de-Bretagne import terminal on the Loire estuary of Western France. The 145,000 “Celestine River” will deliver a Qatargas cargo on April 28 to the Argentine Bahia Blanca floating import facility, the FSRU “Exemplar”, located about 500 miles south of the capital Buenos Aires.

ABS Houston start

April 18 (LNGJ) - The American Bureau of Shipping, one of the leaders of the development of the LNG industry in the US, has broken ground on its new global headquarters in Houston, Texas, comprising a 10-storey building and 326,800 square feet of office space. Completion of the ABS HQ, located near the intersection of I-45 and the Grand Parkway in Houston, is scheduled for the end of 2018. “This is an important milestone in our 155-year-young history and reaffirms our commitment to Houston,” said ABS Chairman, President and Chief Executive Christopher J. Wiernicki. “Working with our project partners, we have designed this building to create a collaborative environment that will facilitate communication and promote innovation in direct support of our safety-focused mission,” added Wiernicki.

LNG ship movements

April 13 (LNGJ) - The 147,200 cubic metres capacity vessel “Arctic Princess” is scheduled to unload a cargo on April 13 at the Lithuania import facility at the Baltic port of Klaipeda from the Atlantic LNG plant at Point Fortin in Trinidad, according to shipping data. The 75,000 cubic metres capacity “Cheikh Bouamama” will deliver a shipment on April 14 to the Huelva import terminal in southwest Spain from the Skikda plant in Algeria, operated by Sonatrach. The 216,200 cubic metres capacity Q-Flex vessel “Al Sahla” is scheduled to unload a shipment from Qatar on April 15 at the Indian import terminal at Dahej, located near  Mumbai and owned by Petronet. The 172,000 cubic metres capacity “Beidou Star” will deliver a shipment on April 21 to the Chinese Dalian import terminal, owned by PetroChina, from the Chevron-operated Gorgon plant on Barrow Island in Western Australia. The 174,100 cubic metres capacity vessel “Cesi Gladstone” will unload a shipment on April 23 at the Chinese Qingdao import terminal, owned by Sinopec, from the Australia Pacific plant in Queensland.

Plans for LNG dredger

April 12 (LNGJ) - Finnish maritime propulsion and LNG systems maker Wartsila said it was contracted to supply a package of engines and machinery for a new Cutter Suction Dredger (CSD) vessel. When delivered, the “Spartacus”', which is being built on behalf of Belgium based Dredging International, will be the world's most powerful CSD and the first ever to be fuelled by liquefied natural gas. It is being built at the Royal IHC yard in the Netherlands. Wartsila said its order was worth 20 million euros ($21.2M) to the company. “Wartsila has worked in close cooperation with the owners starting from the early stages of this large project,” said Arthur Boogaard, General Manager for Special Vessels at the Finnish firm. “This has enabled a well engineered and fully integrated propulsion arrangement and an LNG fuel system that is optimized for the needs of the vessel,” he added.

Q-Max LNG for UK April 18

April 11 (LNGJ) - The 266,000 cubic metres capacity Q-Max vessel “Shagra” is scheduled to unload a cargo on April 18 at the UK South Hook import terminal in Milford Haven in Wales, the port authority said. The delivery was fixed as the UK National Balancing Point benchmark natural gas price was last at the equivalent of $4.75 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was quoted at around $4.55 per MMBtu.

KBR wins $500M battle

April 11 (LNGJ) – US LNG and energy engineer KBR said it had settled a decade-long dispute over an almost $500 million judgment pertaining to a contract carried out for Petroleos Mexicanos (Pemex), Mexico's national oil and gas company. The dispute had involved two offshore natural gas treatment, processing and reinjection platforms which a KBR subsidiary built for Pemex. The platforms have been in use in the Gulf of Mexico since 2004 but KBR was never fully paid despite court decisions in its favour. “We are pleased by the positive resolution to this matter and glad to put this long-running issue behind us,” said Stuart Bradie , President and Chief Executive. “KBR has had an ongoing business relationship with Pemex over many years and this settlement paves the way to broaden our productive association,” added Bradie.

Cargoes for Spain-Holland

April 11 (LNGJ) – The 140,000 cubic metres capacity carrier “Arctic Voyager” is scheduled to deliver a cargo on April 14 to the Dutch Gate LNG import terminal in Rotterdam from the Hammerfest plant in Norway, operated by Statoil. The 215,000 cubic metres capacity vessel “Al Utouriya” is scheduled to unload a shipment on April 22 at the Mugardos import terminal at the port of El Ferrol in northwest Spain.

TMC wins FSRU order

April 10 (LNGJ) - TMC Compressors of Norway was awarded a contract by South Korean shipyard Daewoo Shipbuilding and Marine Engineering to supply a compressed air system to a newbuild floating storage and regasification unit (FRSU). TMC’s scope of work includes engineering, manufacturing and supply of a complete compressed air system for the 134,400 cubic metres capacity FRSU, ordered by Singapore-based shipping company BW LNG and due for delivery in 2019. “Any FRSU is a vital component in the LNG value chain,” said Per Kjellin, Managing Director of TMC. “That is why DMSE and BW LNG have opted for compressors that are built especially for marine application, as continuous uptime is crucial for both the on board compressor system and the vessel as a whole,” added Kjellin.

LNG for Poles and Thais

April 10 (LNGJ) - The 216,000 cubic metres capacity carrier “Al Hamla” will unload a Qatari shipment on April 18 at the Polish import terminal at the Baltic port of Swinoujscie, according to shipping data. The 216,200 cubic metres capacity Q-Flex vessel “Al Gattara” will deliver a cargo on April 19 to the Map Ta Phut import terminal in Thailand from the Qatar export plant at Ras Laffan.

UK cargo on April 14

April 7 (LNGJ) - The 210,100 cubic metres capacity Q-Flex vessel “Al Sheehaniya” is scheduled to unload a cargo on April 14 at the UK South Hook import terminal in Milford Haven in Wales, the port authority said. The delivery was fixed as the UK National Balancing Point benchmark natural gas price was last at the equivalent of $5.05 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was quoted at around $4.73 per MMBtu.

Gas find for Libya

April 6 (LNGJ) - Italian energy company Eni has made a new discovery of natural gas and condensates in its Gamma prospect in Libyan waters of the Mediterranean about 140 kilometres offshore from the capital Tripoli. Libya is a former LNG producer whose liquefaction plant at Marsa El Brega has been badly damaged during the civil war and has not operated since 2011. The Eni offshore well was drilled in 150 metres of water depth and encountered gas and condensates. “The well has the capacity to deliver in excess of 7,000 barrels of oil equivalent per day and represents a further discovery made by Eni in Libyan offshore Area D, following discoveries made in 2015,” the Italian company said.

Clough service evolution

April 6 (LNGJ) - Australian LNG and energy engineering company Clough said it was collaborating with Charles Darwin University, based in the city of Darwin in the Northern Territory, on a research and study programme to improve maintenance engineering procedures and asset management. Clough Chief Executive and Managing Director Peter Bennett said: “This collaboration will bring us new opportunities to develop specialist maintenance expertise such as advanced Clough Automated Maintenance System (CAMS) modules to further automate maintenance planning that interfaces with predictive analytics.” Deputy University Vice-Chancellor, Professor Lawrence Cram, said: “There are mutual benefits to be derived from a working relationship where CDU staff not only provide professional and research support to Clough, but also gain valuable practical experience while working with Clough.”

Q-Flex for UK April 11

April 5 (LNGJ) - The 210,100 cubic metres capacity Q-Flex vessel “Mesaimeer” is scheduled to unload a cargo on April 11 at the UK South Hook import terminal in Milford Haven in Wales, the port authority said. The delivery was fixed as the UK National Balancing Point benchmark natural gas price was last at the equivalent of $5.05 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was quoted at around $4.70 per MMBtu.

US LNG landmark

April 4 (LNGJ) - Cheniere Energy said it had now shipped 100 LNG cargoes in just over a year from the first liquefaction and export plant on the US Gulf Coast at Sabine Pass in Louisiana. Since the first shipment departed from the terminal on February 24, 2016, Chief Executive Jack Fusco said his company had delivered LNG to 18 countries on five continents. “This milestone for Cheniere is a testament to the global demand for American LNG, the hard work and dedication of Cheniere's workforce, and our unique business model that enables customers large and small to access this fuel,” said the Cheniere CEO.

Bunker ship delivery

April 3 (LNGJ) - Nordic LNG supplier Skangas said its new bunker vessel “Coralius” would be delivered in June and the main operations area would be from the Kiel Canal to Norway, including parts of the North Sea. The ship’s owners, Dutch company Anthony Veder and Sweden’s Sirius Shipping, developed the vessel in co-operation with Skangas, the charterer. The “Coralius” is being built by the Royal Bodewes shipyard in the Netherlands and will have a cargo capacity of 5,800 cubic metres. “Currently we bunker by truck and directly from our terminals, along the coast,” said Tor Morten Osmundsen, Chief Executive of Skangas. “From June this year, however, our customers can experience swifter and more flexible bunkering operations than ever,” added Osmundsen.

India gas price fixed

April 3 (LNGJ) - The Indian Ministry of Petroleum and Natural Gas has fixed its latest ceiling price for domestic natural gas output from April to September 2017. It said that for gas produced from discoveries in deep water, ultra-deep water and high-pressure areas, the price is US$5.56 per million British thermal units on a gross calorific value (GCV) basis. Indian domestic production only meets about half of current demand and India imports LNG cargoes to help meet energy needs. The nation received just short of 19 million tonnes of LNG in 2016.

New Tepco President

April 3 (LNGJ) - Tokyo Electric Power Co., the main user of LNG for gas-fired plants in Japan, has named Tomoaki Kobayakawa, aged 53, and currently head of the group’s electricity retail arm, as its new President. Kobayakawa replaces Naomi Hirose, aged 64, who will continue to serve in a more limited role as Vice Chairman. Tepco also named Takashi Kawamura from Hitachi Ltd. as Chairman of Tepco to work with new President Kobayakawa. The company said it will seek shareholder approval in June for the senior management overhaul.

LNG ship movements

April 3 (LNGJ) - The 75,000 cubic metres capacity carrier “Cheikh Bouamama” is unloading a shipment on April 3 at the French terminal at Fos Sur Mer near Marseille, delivered from the Skikda plant in Algeria, according to shipping data. The 174,100 cubic metres capacity vessel “Cesi Qingdao” is scheduled to unload a shipment on April 5 at the Chinese Qingdao import terminal in the eastern province of Shandong, operated by Sinopec, from the Australia Pacific LNG plant near Gladstone in Queensland. The 174,000 cubic metres capacity “Gaslog Greece” is scheduled to unload a cargo on April 12 at the Map Ta Phut terminal in Thailand from the Australian Queensland Curtis LNG plant. The 141,000 cubic metres capacity “LNG River Niger” is due to unload a cargo from Nigeria on April 13 at the Indian Hazira import terminal, located north of Mumbai and operated by Shell India.

Q-Flex cargo for UK

March 31 (LNGJ) - The 210,100 cubic metres capacity Q-Flex vessel “Al Ghariya” is scheduled to unload a cargo on April 8 at the UK South Hook import terminal in Milford Haven in Wales, the second April shipment to the facility. The deliveries of LNG to Europe’s largest natural gas market come at a time when prices are under $5 per million British thermal units. The UK National Balancing Point price was last at the equivalent of $4.95 per MMBtu while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was quoted at around $4.65 per MMBtu.

LNG ship movements

March 30 (LNG) - The 145,000 cubic metres capacity carrier “Al Deebel” is scheduled to unload a cargo from Qatar on March 31 at the Belgian Zeebrugge import terminal, according to shipping data. The 217,000 cubic metres capacity vessel “Al Kharsaah” will deliver a Qatari shipment on April 3 to the Indian Dahej import terminal, owned by Petronet. The 138,000 cubic metres capacity carrier “British Merchant”, operated by BP Shipping, will deliver a cargo on April 17 to Singapore from the Atlantic LNG export plant at the port of Point Fortin in Trinidad.

US revision praised

March 29 (LNGJ) – Two energy industry groups in Washington DC, the US Natural Gas Supply Association (NGSA) and the US Center for Liquefied Natural Gas (CLNG), released statements on the rescinding by a White House order of speculative estimates on environmental issues limiting energy projects. Dena E. Wiggins, President and Chief Executive of the NGSA, said: “The existing National Environmental Policy Act project review process is already stringent, extensive and thorough.  By attempting to include unquantifiable and speculative upstream impacts in an expanded guidance, the Council on Environmental Quality risked hindering development of the very infrastructure that has enabled natural gas to reduce emissions.”

Firm hires LNG stars

March 28 (LNGJ) - Global law firm Orrick said leading energy regulatory practitioners Lisa Tonery and Erik Swenson have joined the firm as partners. They join Orrick from Norton Rose Fulbright, where Tonery led the US LNG Regulatory practice and co-chaired the LNG International Business Group. Tonery joins the New York office and Swenson will be based in Washington DC. “Lisa and Erik have one of the premier natural gas and LNG regulatory practices in the US and we are thrilled about the opportunities for collaboration with our growing project development and finance team in this fast evolving market,” said Blake H. Winburne, who co-heads Orrick’s Energy and Infrastructure Business Unit with Mark Weitzel. “We’re inspired by Orrick’s vision, the quality of the team, the global platform and what the firm has built in Houston,” said Tonery.

ABB deal on FSRU

March 28 (LNGJ) - Swiss-based ABB said it would supply the power and electric propulsion system to a new Floating Storage and Regasification Unit for BW Group, which will also be remotely connected to ABB operations centres. The equipment onboard will provide data to the shore-side centres allowing ABB and the vessel owner to take a proactive approach to maintenance throughout the lifetime of the vessel. “The modern power system must be both efficient and connected,” said Juha Koskela, Managing Director of the ABB marine and ports business. ABB said its hardware will optimize fuel efficiency onboard while monitoring the vessel for an informed approach to maintenance. The 174,000 cubic meter capacity FSRU has been ordered from Daewoo Shipbuilding and Marine Engineering. The membrane-type vessel is expected to be delivered from the Korean shipyard in 2019.

TechnipFMC contract

March 27 (LNGJ) - TechnipFMC, the global energy and LNG project engineer, was awarded a contract by Shell Offshore for the delivery, integration and installation of the subsea production system and subsea riser, jumper and flowline equipment for phase one of the Kaikias deepwater project in the Gulf of Mexico. “TechnipFMC has a proven track record of competitively designing subsea production systems and technologies that directly contribute to improved project economics,” said Hallvard Hasselknipe, President of Subsea Projects at TechnipFMC. Kaikias is located in the prolific Mars-Ursa basin about 210 kilometres from the Louisiana coast. The first phase of development includes three wells designed to produce natural gas and oil at peak rates of up to 40,000 barrels of oil equivalent per day.

First April cargo for UK

Mar 27 (LNGJ) - The 266,000 cubic metres capacity Q-Max carrier “Rasheeda” will deliver the first April cargo to the UK. The vessel will unload the shipment from Qatargas on April 2 at the South Hook import terminal at Milford Haven in Wales, according to port authorities. The delivery comes at a time when benchmark UK National Balancing Point natural gas prices have dropped to their lowest of the year, the equivalent of $4.85 per million British thermal units while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was quoted at around $4.45 per MMBtu.

Shell $870M Gabon sale

March 24 (LNGJ) - Royal Dutch Shell sold its oil and gas fields and infrastructure in the West African state of Gabon to the US Carlyle Group for $870 million in cash and assumed debt as it continued its divestment programme as part of stream-lining after acquiring LNG portfolio player BG. The purchaser will also make additional payments up to a maximum of $150M depending on production performance and commodity prices. The transaction consists of all of Shell’s oil and gas operations and five operated fields as well as the associated infrastructure of the onshore pipeline system. Andy Brown, Shell’s Upstream Director, said: “Shell is very proud of the strong legacy we have built in Gabon over the past 55 years. The decision to divest was not taken lightly, but it is consistent with Shell’s strategy to concentrate on our upstream footprint where we can be most competitive. Shell will continue to pursue opportunities in Sub-Saharan Africa.”

Vitol trading solid

March 24 (LNGJ) - Vitol, the global commodities company and energy trader with LNG interests, returned solid earnings despite challenging market conditions. “Volumes continued to grow, both in crude and products and we now trade in excess of 7 million barrels per day,” said Ian Taylor, Chairman and Chief Executive. “Despite the increase in volumes, a lower average oil price over the course of 2016 caused turnover to fall to $152 billion. We maintain our long-held strategy of conservatively managing capital and risks and will continue to build the business on these grounds, whilst remaining mindful of both counterparty and credit risks,” added Taylor.

CNOOC profit plunge

March 24 (LNGJ) - China National Offshore Oil Corp., the state-owned energy company and LNG importer, posted its worst annual earnings since at least 2011, with revenue from its oil and gas business falling 17 percent in 2016 to 121.3 billion yuan ($17.6Bln). Annual net profit was put at 637 million yuan ($92.4M), down more than 95 percent from the profit recorded in 2015 because of low oil prices. “In 2016, the company maintained a strong cost competitiveness despite low oil prices and sluggish global economic growth,” said Yang Hua, Chairman and Chief Executive. “The company unrelentingly pursued a management concept centred on cost control and improved efficiency and will continue to adhere to a value-driven approach,” added Yang.

Ivory Coast licences

March 23 (LNGJ) - Italian energy company Eni said it obtained majority stakes in two new exploration blocks offshore the Ivory Coast in West Africa. Eni has the highest success rate in exploration by energy majors for countries on the continent in the last several years, making big natural gas discoveries for LNG in Mozambique and pipeline gas in Egypt. The two blocks are located about 50 kilometres offshore the Ivory Coast. The two deep offshore blocks, denominated CI-101 and CI-205, are in the eastern part of the prolific Tano basin, where Eni already operates and cover a total area of about 2,850 square kilometres. Block CI-101 is at depths of between 200 metres and 2,500 metres and located in waters south of the capital Abidjan.

US LNG futures in May

March 23 (LNGJ) - The Intercontinental Exchange (ICE) will launch the first US LNG futures contract in May 2017. In an exchange note to customers, ICE said it planned to list the new contract on May 4, subject to completion of necessary regulatory processes. The LNG contract will be settled against the assessments made by US pricing firm Platts. Among the advantages, LNG futures contracts will enable market participants to hedge their positions

GTT storage tanks order

March 22 (LNGJ) - GTT, the French maritime LNG storage technology company, said it received an order from Hyundai Heavy Industries to equip a new LNG carrier with its Mark III Flex containment system. The Hyundai's shipyard based in Ulsan, South Korea, will build the vessel of 180,000 cubic metres capacity on behalf of Norwegian shipping company Norspan LNG (Knutsen). Delivery is scheduled in 2019. “Knutsen is a long-standing owner of LNG carriers equipped with membrane technology. With 10 vessels of this type, Knutsen is renewing its confidence in GTT technology by choosing Mark III Flex for this new vessel,” GTT said.

LNG deliveries to Asia

March 22 (LNGJ) - The 210,100 cubic meters capacity Q-Flex vessel “Duhail” is scheduled to unload a Qatari cargo on March 23 at the Pakistani Port Qasim import facility, located east of Karachi, according to shipping data. The 135,000 cubic metres capacity “Hyundai Oceanpia” will unload a shipment from Oman on March 26 at the South Korean Pyeongtaek import facility, operated by Korea Gas Corp. The 148,300 cubic metres capacity carrier “LNG Imo” will deliver a cargo on March 31 to the Indian Dahej terminal, operated by Petronet, from the Bonny Island plant in Nigeria.

LNG for UK March 27

March 22 (LNGJ) - The 266,000 cubic metres capacity Q-Max vessel “Al Mafyar” is scheduled to deliver a cargo on March 27 to the UK South Hook terminal at Milford Haven in Wales from Ras Laffan in Qatar, port authorities said. The deliveries of LNG to Europe’s largest natural gas market come at a time when prices have fallen to their lowest levels of 2017. The UK National Balancing Point price was last at the equivalent of $5.05 per million British thermal units while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was quoted at around $5.10 per MMBtu.

Marathon Permian deal

March 22 (LNGJ) - Marathon Oil Corp., whose energy interests include the Equatorial Guinea LNG production plant in West Africa as well as widespread US interests, has signed a definitive agreement to acquire 21,000 net acres largely in the Permian's Northern Delaware basin of New Mexico from Black Mountain Oil & Gas and other private sellers for $700 million in cash. “The 21,000 acre bolt-on in the Northern Delaware is an excellent fit with the basin entry acquisition we announced earlier this month,” said Marathon President and Chief Executive Lee Tillman. “The combined deals provide us more than 90,000 acres in the Permian, over 70,000 of which is concentrated in the Northern Delaware,” added Tillman.

LNG for Spain and France

March 21 – Three LNG cargoes are being delivered from the Bonny Island export plant in Nigeria to European terminals, according to shipping data. The 177,000 cubic metres capacity “LNG Lagos II” is currently unloading a shipment at the Mugardos terminal at El Ferrol in northwest Spain. The 137,230 cubic metres capacity vessel “LNG Rivers” will unload a Nigerian cargo on March 23 at the Huelva terminal in southwest Spain. The third cargo is being shipped to France. The 148,471 cubic metres capacity vessel “LNG Kano” is scheduled to unload its shipment on March 26 at the Montoir-de-Bretagne terminal on the French Atlantic Coast.

TechnipFMC contract

March 21 (LNGJ) - TechnipFMC, the energy and LNG project engineering company, was awarded a contract by a venture comprising Eni of Italy, Ghana National Petroleum Coro. and commodities company Vitol for the onshore part of the development of the Sankofa natural gas field. Under this contract, TechnipFMC will perform the project management, engineering, supply, construction and commissioning for the Onshore Receiving Facilities to be located in Sanzule as part of a gas-to-power venture. The contract will be mainly executed by a team of TechnipFMC staff in Ghana. The project is scheduled for completion by mid-2018. “We are proud to have been awarded this new contract, which rewards TechnipFMC’s long-term commitment in Africa and plays a strategic role in the gas-to-power program in Ghana,” said Nello Uccelletti, President of TechnipFMC’s Onshore-Offshore business.

California gas assets

March 20 (LNGJ) - Sacgasco, the Australia-listed natural gas exploration and production company, said it had significantly strengthened its position in the US Sacramento Basin through the acquisition of five new operated gas wells from various private Californian firms. The assets also include all associated leases, production facilities, meter stations and pipelines at two gas fields. The assets are in the Rancho-Capay field, adjacent to existing Sacgaso production, and the East Rice Creek field. “Current gross production from just two wells in the latest acquisition amount to 120 mcf per day. In total Sacgasco now has a portfolio of 25 wells in the Sacramento Basin with 10 in production and a further 15 that have the potential to be brought back into production,” the company said.

GasLog raises funds

March 20 (LNGJ) - GasLog, the Monaco-based LNG fleet owner and operator with Royal Dutch Shell as a major charterer of its vessels, is selling $250 million of senior notes, a form of bonds, in a public offering. “The notes will mature in 2022 and will bear interest at a rate of 8.875 percent per annum, payable quarterly in arrears on March 30, June 30, September 30 and December 30 of each year, beginning on June 30, 2017,” said GasLog.

Belgium and China LNG

March 17 (LNGJ) - The 145,000 cubic metres capacity vessel “Milaha Qatar” is scheduled to deliver a cargo on March 20 to the Belgian import terminal at Zeebrugge. The shipment was lifted at the Ras Laffan plant operated by Qatargas. The 174,000 cubic metres capacity “Maran Gas Pericles” was unloading a US shipment on March 17 at the Chinese Tianjin import facility, operated by China National Offshore Oil Corp. The cargo had been lifted on February 17 at the Sabine Pass plant in Louisiana, operated by Cheniere Energy.

 

Greece and Thailand LNG

March 16 (LNGJ) - The 140,000 cubic metres capacity carrier “Arctic Voyager” is scheduled to deliver a cargo on March 19 to the Revithoussa import terminal in Greece from the Hammerfest plant in Norway operated by Statoil. The 155,000 cubic metres capacity vessel “Gaslog Sydney” is scheduled to unload a shipment on April 4 at the import terminal at Map Ta Phut in Thailand. The Thai cargo was lifted from the Equatorial Guinea plant on Bioko Island in West Africa, operated by Marathon Oil.

UK cargo for March 21

March 15 (LNGJ) - The 261,700 cubic metres capacity Q-Max carrier “Lijmiliya” is scheduled to deliver a cargo on March 21 to the UK South Hook terminal at Milford Haven in Wales from Ras Laffan in Qatar, port authorities said. . The deliveries of LNG to Europe’s largest natural gas market come at a time when prices have fallen to their lowest levels of 2017. The UK National Balancing Point price was last at the equivalent of $5.05 per million British thermal units while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was quoted at around $5.10 per MMBtu.

Poland-Qatar accord

March 14 (LNGJ) - Qatargas has concluded a side deal alongside an existing sales agreement with Polish Oil and Gas Co. Under the additional accord, Qatargas will increase the volume of LNG currently supplied to Poland to 2 million tonnes per annum. The new agreement will come into effect in January 2018 and will run until June 2034. The LNG will be supplied from the Qatargas Train 3, a joint venture between Qatar Petroleum, ConocoPhillips, and Mitsui & Co. of Japan. The cargoes will be delivered on board Q-Flex LNG vessels to the Swinoujscie import terminal on the Baltic coast of Poland. “We are very pleased that we have signed this agreement, which marks another milestone for us in Qatar as we continue to meet the requirements of our customers worldwide,” said Saad Sherida Al-Kaabi, Qatar Petroleum President and Chief Executive.

New Chiyoda CEO

March 14 (LNGJ) - Chiyoda Corp. of Japan, one of the world’s leading LNG engineering and construction companies, has overhauled its senior management after the losses and poor performance prompted by its Emas Chiyoda subsea business acquisition. Senior Executive Vice President Masaji Santo has been named as President and Chief Executive and Katsuo Nagasaka, who is currently a director and Senior Vice President, has been named executive Chairman. Senior Vice President Hirotsugu Hayashi has been appointed as the new Chief Financial Officer. Chiyoda, based in Yokohama, said nominees would be subject to final confirmation in their posts at the annual general meeting of shareholders at the end of June.

Planet Gas calling

March 14 (LNGJ) - Planet Gas Ltd, the Australian exploration and production company, said it had started drilling of the Silver Star-1 gas well in the Cooper Basin of South Australia. “Silver Star-1 is a high impact exploration well and will target basin-centred gas and stratigraphic gas in the Permian sandstones,” said Planet Gas. The company’s partners in the licence are LNG stakeholder Origin Energy and Senex Energy The Cooper Basin is Australia’s most mature conventional onshore gas and oil production region, though also has significant unconventional potential with an estimated 325 trillion cubic feet of shale gas in-place. “Depending on the properties of the reservoir successfully meeting certain criteria, a lateral section of up to 1,500 metres will then be drilled. Multi-stage fracture stimulation and testing of the well is expected to follow,” added Planet Gas.

US LNG ship approval

March 13 (LNGJ) - The American Bureau of Shipping, the US classification society, has granted Approval in Principle for the Seatransporter-DF, a dual-fuel design concept developed by Algoship Designers Ltd. of Nassau in the Bahamas. The design has the capability to accommodate multiple engine types as well as Type-C or membrane containment systems for LNG fuel. “Technically innovative designs that advance the use of LNG as fuel will play an increasingly important role in the marine sector, and ABS is working alongside industry to enable this critical technological advancement,” said ABS Executive Vice President for Global Marine  Kirsi Tikka. 

LNG carrier movements

March 10 (LNGJ) - The 145,400 cubic metres capacity carrier “Cygnus Passage” is scheduled to deliver a shipment to the Japanese Chiba import terminal on March 12 from the Sakhalin Island LNG export plant at Prigorodnoye on the Pacific coast of the Russian Far East, according to shipping data. The 147,500 cubic metres capacity vessel “LNG Ebisu” is scheduled to unload a shipment on March 15 at the Himeji terminal in Japan, operated by Kansai Electric, from Woodside Energy at Dampier in Western Australia. The 145,000 cubic metres capacity ship “Ejnan” will unload a cargo on March 16 at the Tai-Chung import terminal in Taiwan from the Qatargas plant at Ras Laffan. The 155,000 cubic metres capacity vessel “British Ruby”, owned by BP Shipping, is scheduled to deliver a cargo on March 27 to the Tong-Yeong import facility in South Korea from the Atlantic LNG plant in Trinidad.

Engie $435M stake sale

March 9 (LNGJ) - French energy and utility company Engie plans to sell its 10 percent stake in the largest Indian LNG import company Petronet. The Engie stake is currently valued at $435 million. The Petronet LNG shares were purchased by the Engie predecessor company Gaz de France. The French company has informed the four Indian shareholders in Petronet that it was offering its stake for sale. The other shareholders are Gas Authority of India, Oil and Natural Gas Corp., Indian Oil Corp. and refining company Bharat Petroleum.