In this issue

 

Hoegh LNG of Norway said it had signed an accord for one firm and three optional LNG Floating Storage and Regasification Units from the Samsung Heavy Industries shipyard in South Korea as it prepared for a market upturn with new customers lined up in South America, Africa and Europe.

Our Europe editor

A project aimed at importing liquefied natural gas cargoes into the UK natural gas market at the port of Barrow-in-Furness in Cumbria, northwest England, from Louisiana on the US Gulf Coast is still alive after an offtake agreement was extended to November 2017.

Inpex Corp., the Japanese oil and gas company and US major Chevron Corp., who each have large and competing LNG project interests in Australia, have joined force to successfully bid for an exploration lease in the Mexican sector of the Gulf of Mexico.

Arup, the energy engineering and consulting firm, said it was contracted to work on a floating liquefied natural gas regasification terminal and supply hub planned for the Indonesian region of East Java.

Our Europe editor

French utility and energy company Engie has signed a marketing agreement with the owner of an established LNG import terminal in the Caribbean that will underpin small-scale LNG deliveries from the US to Panama and the Dominican Republic for power and fuel use.

The International Gas Union has appealed to India at a meeting in New Delhi, which recently suffered a pollution crisis, to use more available liquefied natural gas as a replacement for coal to help improve the nation's air quality.

Pivotal LNG will use plants in southeast for Caribbean cargoes

Our North America editor in New York

Carib Energy, a subsidiary of US shipping line Crowley Maritime Corp., has been given approval to export LNG in containers on board cargo ships to any country in Central America, South America or the Caribbean and with the fuel supplied by small-scale plants in three states in the US southeast.

Our Europe editor

Golar LNG, the Norwegian fleet owner and project developer, said the shipping market shows positive signs with improving utilisation rates and the re-appearance of round-trip economics as it reported a narrowing of third-quarter operating losses.

The Dutch Gate LNG import terminal formally celebrated its expansion with 400 guests invited by the main shareholders, utility company Gasunie and the international storage giant Royal Vopak and by the main break-bulk partner, Royal Dutch Shell.

Our Asia-Pacific editor

Sempra Energy, developer of the US Cameron liquefied natural gas export project in Louisiana with European and Japanese partners, has filed with regulators to proceed with a second LNG export joint venture located in Texas and involving Woodside of Australia.

Central Petroleum, the Australian company with natural gas assets around Alice Springs, said LNG stakeholder Santos has begun its seismic acquisition programme with 1,000 kilometres of data as part of its fulfilment of an obligation to the area's South Amadeus project.

While the Sabine Pass liquefaction and export plant in Louisiana has recently shipped LNG to the Mexican Pacific Coast import terminal at Manzanillo, US pipeline exports of natural gas continued to grow and have doubled since 2009.

Our Asia-Pacific editor

The US is currently shipping its second liquefied natural gas cargo to an import terminal in China as the Sabine Pass export plant in Louisiana heads for record shipments with three Trains completed.

Tellurian Investments Inc., the development company of former Cheniere Chief Executive Charif Souki and his Driftwood LNG project, said General Electric’s oil and gas subsidiary had made a $25 million preferred equity investment in Tellurian.

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.