Tuesday, June 25, 2019

Gas Supply News

Pavilion Acquires LNG assets of Iberdrola

(L to R) Mr Frédéric H. Barnaud, Group CEO of Pavilion Energy and Mr Aitor Moso, CEO of Liberalised Business, Iberdrola. Photo: Pavilion Energy

Singapore-based LNG company Pavilion Energy said its wholly owned subsidiary Pavilion Energy Trading & Supply has agreed to buy Spanish energy company Iberdrola's portfolio of liquefied natural gas (LNG) assets.The portfolio comprises about…

Australia Dominates China's LNG Supply

Offshore Australia: Shell’s Prelude floating liquefied natural gas (FLNG) facility delivered its first LNG cargo earlier this week. Pictured is the Prelude FLNG facility, with the Valencia Knutsen berthed side-by-side (Photo: Shell)

Australia's fast-expanding liquefied natural gas industry has this year been supplying the lion's share of China's growing demand for imports of the commodity, with appetite surging as Beijing shifts away from dirtier fuels such as coal.Australia…

KHI Wins AiP from DNV GL for LFPP

Johan Petter Tutturen, Business Director Gas Carriers, DNV GL (right), handed over the AIP to Mr. Yoshinori Mochida, President, KHI Ship & Offshore Structure Company. Photo: DNV GL

The international accredited registrar and classification society DNV GL has awarded the Japanese multinational corporation Kawasaki Heavy Industries (KHI) an Approval in Principle (AIP) for their LNG floating power plant (LFPP).The classification…

Chevron Starts Gorgon Stage Two Drilling

Gorgon subsea structure being lowered to the ocean floor. Image: Chevron

Chevron Australia and the Gorgon joint venture participants have started the Gorgon Stage 2 drilling campaign off the northwest coast of Western Australia.Gorgon Stage Two is an expansion of the existing subsea gas gathering network on the…

Sabah-Sarawak Gas Pipeline Shit for Maintenance

Malaysia's state oil and gas company Petroliam Nasional Bhd said on Tuesday it has shut the Sabah-Sarawak gas pipeline that feeds gas to its liquefied natural gas (LNG) complex at Bintulu in the state of Sarawak as part of maintenance work.Operations will resume when the maintenance work is com

Eni Extends Algeria Gas Contract

Image: Sonatrach Petroleum Corporation

Italian multinational oil and gas company Eni announced that it had signed agreements with Algerian state-owned Sonatrach to extend its gas supply pact.The agreement covers almost 15% of the gas imported into Italy. The agreement extends the 40-year partnership until 2027…

Bangladesh's 2nd LNG Terminal Begins Operations

Excelerate's FSRU “Summit LNG” Flowing Gas into Bangladesh. Image: Excelerate Energy

Bangladesh has employed its second liquefied natural gas (LNG) terminal with the beginning of operations of floating storage and regasification unit (FSRU) 'Summit LNG' offshore Moheshkhali Island in the Bay of Bengal.According to Excelerate Energy…

US LNG Opens Floodgates to Europe

Photo: Delegation of the European Union to the United States

The United States has nearly tripled its natural-gas exports to the European Union (EU) since July and signed new licenses seeking to establish American energy as an EU mainstay. US exports of LNG surged following a meeting between Donald…

EU Funding for Polish LNG Terminal Expansion

Pic: European Commission

The Polish government and the Polskie LNG company signed a grant agreement on 24 April for the extension of the Liquefied Natural Gas (LNG) terminal in Świnoujście, in north-western Poland on the Baltic Sea coast.Almost EUR 128 million from…

GasLog Predicts LNG Spot Rate Recovery

Pic: GasLog LNG carrier

GasLog Partners, which owns, operates, and acquires liquefied natural gas (LNG) carriers under multi-year charters, said that the longer-term outlook for natural gas demand continued to strengthen in the first quarter of 2019.Despite LNG…

Keppel Makes First LNG Cargo Import from N. America

Pic: Keppel Corporation

Singapore's Keppel Gas, a wholly owned subsidiary of Keppel Infrastructure Holdings, has completed its first liquefied natural gas (LNG) cargo import under Singapore's spot import policy.The policy allows gas customers in the Republic to…

Woodside Inks LNG Supply Deal with ENN

PLuto LNG plant (Photo: Woodside)

Australia's Woodside Petroleum WPL.AX has signed a Heads of Agreement (HOA) to supply liquefied natural gas (LNG) to China's ENN Group for 10 years from 2025, both companies said on Friday.Woodside, Australia's biggest listed oil and gas explorer…

Høglund to Supply FGSS for Hurtigruten

Pic: Hurtigruten

Høglund, the marine solutions and system integration company, has been awarded a contract to deliver biogas-ready fuel-gas supply systems (FGSS) for six Hurtigruten passenger ship retrofits.Høglund will work together with HB Hunte Engineering…

Shell to Boost Ormen Lange Field Output

File Image: an offshore Equinor installation (CREDIT: Equinor)

Royal Dutch Shell aims to boost output and recoverable reserves from its Ormen Lange gas field off Norway by installing subsea compressors, the head of its Norwegian operations said on Wednesday.Output from Shell-operated Ormen Lange, Norway's…

BP Dishes Greater Tortue Ahmeyim Contracts

Oil major BP has awarded subsea umbilicals, risers and flowlines (SURF) and subsea production system (SPS) equipment contracts to services providers McDermott International and Baker Hughes, a GE company (BHGE), for the Greater Tortue Ahmeyim natural gas project…

Gazprom to Start Gas Supply to China

Construction of Power of Siberia gas pipeline. Pic: Gazprom

Russian gas giant Gazprom will start supplying Russian natural gas to China via the Power of Siberia pipeline almost one month early than previously planned.Alexey Miller, Chairman of Gazprom Management Committee, said after the negotiations…

Natural Gas Contributes to Low Carbon Future

Photo from the LNG facility in Hammerfest. (Photo: Einar Aslaksen - TRY / Equinor ASA)

Equinor sold natural gas for around $26 billion in total in 2018, an increase of 29 percent from 2017. As more countries prepare for the energy transition, Equinor sees strong market opportunities for gas and expects global demand to grow…

EPIK, Hyundai Join for FSRU Projects

Image: EPIK Co. Ltd.

South Korea-based liquefied natural gas (LNG) floating storage and regasification unit (FSRU) project development company EPIK Co. has signed a strategic partnership agreement with Hyundai LNG Shipping, the marine freight transportation…

NextDecade, Shell Seal Rio Grande LNG Deal

Image: Rio Grande LNG

The liquefied natural gas arm of oil giant Shell has become the first customer at U.S. company NextDecade Corp 's proposed $15 billion Rio Grande LNG export terminal at the Port of Brownsville.NextDecade signed a 20-year binding sales and…

Sole Offshore Construction Phase Completed

Orbost Gas Plant (Photo: APA Group)

Installation and testing of the 67 km control umbilical connecting the Sole gas field with the Orbost Gas Plant has been completed, marking the conclusion of the offshore construction phase of the Sole Gas Project, operator Cooper Energy said in an update on Monday.The offshore project…