In this issue

 

JX Nippon Oil and Energy said it had begun commercial operations from a the new liquefaction processing Train 9 at the Bintulu LNG production plant in Sarawak, Malaysia, operated by state energy company Petronas. 

The newest liquefied natural gas-powered fast ferry in Europe, the “Megastar”, is starting its regular services between Helsinki in Finland and Tallinn in the Baltic state of Estonia after receiving its fuel from a truck in the Finnish capital’s West Harbour port.

Our North America editor in New York

Alaska Gasline Development Corp., the state company now in charge of the Alaska LNG project, said it entered into a cooperation agreement with BP of the UK to collaborate in the development of the financial and tolling structure intended to advance the venture.

The Alaskan company now in charge of the state’s liquefied natural gas export project said it was interested in buying the existing small-scale liquefaction and export plant on the Kenai Peninsula from ConocoPhillips. 

First LNG from processing Train at Chevron-led projectis due in mid-year

Our Asia-Pacific editor

Woodside Petroleum, the Australian operator of liquefied natural gas plants, reported record fourth-quarter production and also said commissioning had started at the Wheatstone LNG joint venture onshore Western Australia where it is a stakeholder. 

Our Europe editor

Dresser-Rand, part of the German Siemens Group, said production was successfully ramped up at a small-scale natural gas liquefaction facility supplied to a US operator making LNG for fuel in the Marcellus Shale region of Pennsylvania. 

Höegh LNG, the Norwegian fleet owner and project developer specializing in floating storage and regasification units, has signed an agreement with South Korean shipbuilders Samsung Heavy Industries and Hyundai Heavy Industries for its next series of FSRUs. 

Our North America editor in New York

Dominion, the US energy and power company whose assets include 14,400 miles of natural gas pipelines, said its Cove Point LNG project in Maryland was progressing well as it aims to be the nation's second export facility to come on stream after Sabine Pass in Louisiana. 

Liquefied Natural Gas Ltd, the Australian company developing LNG export plants in the US and Canada, has been required to issue a second statement in under a year to the Australian Securities Exchange after a 23 percent surge in its shares in three days. 

Japan said the average price of spot liquefied natural gas cargoes contracted in December 2016 was $ 8.00 per million British thermal units, a rise of $1 per MMBtu compared with the previous month and also higher than a year ago. 

Our North America editor

Steelhead LNG, the Vancouver-based energy company focused on liquefied natural gas project development in the province of British Columbia, has hired experienced global LNG industry executives Paul Sullivan and Gerry Peereboom to help push forward its planned operations. 

Our Asia editor

Dabhol LNG import terminal in India, the facility caught up in the US Enron power scandal in 2001, may finally be making plans to complete its infrastructure, including a breakwater to allow the handling of more capacity. 

Our Europe editor

Engie, the French energy company, is overseeing an overhaul of its subsidiaries as its natural gas pipeline company prepares to take over its LNG terminal operator. 

Russian natural gas company Gazprom, whose pipeline supplies are the main competition to LNG sales in Europe, posted a third-quarter profit as volumes shipped to the European Union increased and amounted to more than 160 billion cubic metres for the first nine months of 2016. 

News Nudges

Chiyoda names new CEO

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.


Qatargas adds to Poland deal

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.


US LNG ship approval

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 fuels.