Tuesday, July 17, 2018

Tokyo Gas News

Gorgon LNG Faces Scrutiny on Delayed Carbon Capture Project

(File photo: Chevron)

The state of Western Australia has ordered an inquiry into a delay in burying carbon dioxide emissions at Chevron Corp's Gorgon liquefied natural gas (LNG) project, which could lead to a change in conditions on the project.The…

Tokyo Gas Takes First LNG Cargo from Cove Point

© Dexter / MarineTraffic.com

Japan received its first shipment of liquefied natural gas (LNG) on Monday from Dominion Energy Inc's newly completed Cove Point export plant, the beginning of a jump in imports from the United States by the world's biggest buyer…

Pertamina Ends 'Unfeasible' LNG Terminal Project

Indonesia's state owned energy holding company, Pertamina, has decided not to go ahead with what would have been the country's second land-based receiving terminal for liquefied natural gas (LNG), its chief executive said on…

Centrica, Tokyo Gas Break Mold in Mozambique LNG Deal

Britain's Centrica and Japan's Tokyo Gas aim to buy liquefied natural gas (LNG) from Anadarko Petroleum's $20 billion project in Mozambique, the first joint procurement deal designed to defuse risks facing the buyers in their respective markets.The deal also brings Anadarko one s

Exxon Expands Mozambique LNG Project to Cut Costs

Exxon Mobil will expand its Rovuma liquefied natural gas (LNG) project in Mozambique by half to cut production costs as the partners prepare to book the plant's supply and formally tap lenders in September, the company told Reuters.The U.S.

Phoenix Petroleum, CNOOC Partner for LNG Terminal

© Wojciech Wrzesien / Adobe Stock photo

Philippine fuel retailer Phoenix Petroleum said it had agreed to partner with a subsidiary of state-owned China National Offshore Oil Corp (CNOOC) to explore building a receiving terminal for liquefied natural gas in the country.The…

TechnipFMC Awarded Pluto Contract

Pluto LNG Platform (Photo: Woodside)

TechnipFMC said it has been awarded a contract by Woodside to upgrade the Pluto Platform Offshore for water treatment, located offshore Western Australia.The contract includes the engineering, procurement, construction, installation…

Will LNG Remain a Key Energy Source?

© phonix_a / Adobe Stock

Japan imported 8.3 million metric tons of LNG in January, an increase of 1.06 million metric tons compared to the previous year. The data, released by the Japanese Ministry of Finance, also reveals that the amount the country…

Tokyo Gas buys stake in Castleton's Texas Unit

File Image: a typical natural gas pipeline installation. (CREDIT: AdobeStock / (c) pisotckii)

Japan's biggest city gas supplier Tokyo Gas Co said on Monday it has acquired a 30 percent stake in a subsidiary of Castleton Commodities International LLC, its first equity investment in a U.S. upstream company. Tokyo Gas did…

Chevron Reports Outage at Gorgon LNG Plant

File Image (CREDIT: AdobeStock / (c) Pisotsckii)

Chevron Corp has shut the first production line at its giant Gorgon liquefied natural gas (LNG) export plant in Australia and expects the outage to last about a month in order to replace a faulty device, a spokesman said on Monday.

LNG Prices Low on Oversupply

The Asian market for liquefied natural gas (LNG) remained subdued this week, weighed down by oversupply concerns and as the northern hemisphere exits its high demand summer season. Spot prices for Asian LNG <LNG-AS> were at $5.40 per million British thermal units (mmBtu)…

Tokyo Gas, Alaska Gasline Ink LNG LOI

File Image (CREDIT: AdobeStock / (c) pisotckii)

Tokyo Gas Co Ltd said on Tuesday it signed a letter of intent (LOI) with Alaska Gasline Development Corporation (AGDC) regarding the sale and purchase of liquefied natural gas (LNG). The move follows China's biggest state oil company Sinopec…

Tokyo Gas Imports First Gorgon LNG Parcel

Japan's biggest city gas supplier, Tokyo Gas Co, said it has received its first liquefied natural gas (LNG) cargo from Chevron Corp's $54 billion Gorgon export facility in Australia. The "Energy Confidence" vessel carrying about 70…

Asia's Soaring Gas Demand Beckons New LNG Projects

File Image: A typical LNG Carrier (CREDIT: GAC)

Global LNG imports rose by 20 percent in 2017; new demand emerges across South, Southeast Asia. Soaring gas demand from China, India and Southeast Asia is sucking up an LNG supply glut previously expected to last for years, opening…

Cove Point LNG Terminal's First Export Imminent

File photo: Methane Spirit loads from the Australia Pacific LNG Gladstone terminal (Photo: Teekay)

Methane Spirit, a liquefied natural gas tanker, said on Thursday it would arrive at Dominion Energy Inc's Cove Point LNG export facility in Maryland around March 31, according to Reuters shipping data. If correct, that could…

Vessel Docks at Maryland Cove Point LNG Terminal

The Dominion Energy Cove Point Terminal. (CREDIT: Dominion Energy)

Gemmata could be the first vessel to pick up fuel from the facility since the tanker came from Spain - a non-LNG exporting country - with less than a full cargo, according to the shipping data. In addition to Gemmata, another vessel…

Tokyo Gas Wins Destination Flexibility from New Malaysia LNG Purchase

Tokyo Gas said on Wednesday it signed a heads of agreement to buy long-term liquefied natural gas (LNG) from a unit of Malaysian state oil firm Petronas with flexible destination clauses that are in line with the Japanese anti-trust body's ruling last year.

LNG Destination Flexibility Seen Spreading

© akiyoko / Adobe Stock

Japan's biggest city gas seller Tokyo Gas Co expects that contracts for liquefied natural gas (LNG) cargoes with destination flexibility will spread from the West and Japan to be a common thing worldwide, the company's new president said.

First Cove Point LNG Lifting Departs Maryland

File Image: CREDIT Dominion Energy

The first contractual liquefied natural gas (LNG) cargo from Dominion Energy Inc's newly constructed Cove Point LNG export plant in Maryland in the United States left the facility on Monday, Thomson Reuters Eikon ship tracking data showed.

Chevron Greenlights Gorgon LNG Expansion

(File photo: Chevron)

Chevron Corp will proceed with the second stage of its giant Gorgon liquefied natural gas (LNG) export plant off the northwest coast of Western Australia, the company said on Saturday.Chevron and its joint venture partners plan…

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