Saturday, December 15, 2018

Tokyo Gas News

Total Sells 4% of Ichthys to Inpex for $1.6 Bln

The Ichthys LNG project’s central processing facility – Ichthys Explorer – arrives in Australian waters in May 2017 (File photo: Inpex)

French energy company Total said it has agreed to sell a 4 percent stake in its Australian Ichthys liquefied natural gas (LNG) project to Japanese partner Inpex for $1.6 billion, following cost overruns."This transaction is part…

Sempra Energy Signs New Mexican LNG Terminal

Pic: Sempra Energy

Sempra Energy, the US group that aims to build a liquefied natural gas (LNG) export facility near Ensenada, Mexico, to serve customers in Asia moved closer to becoming reality as the natural gas utilities holding company  announced…

Philippines Short-lists Three Groups for LNG Terminal Project

© vladsv / Adobe Stock

The Philippines has short-listed three different groups to build and operate its first liquefied natural gas (LNG) import terminal and hopes to nominate one by November, its energy minister said on Tuesday.Short-listed companies…

Japanese Firms Sign Deals to Buy from LNG Canada

Rendering of the LNG export facility (Image: LNG Canada)

Two Japanese companies have signed agreements to buy liquefied natural gas (LNG) cargoes from the LNG Canada project, Reuters reported.Toho Gas Co signed a basic agreement with a wholly-owned subsidiary of Mitsubishi Corp to…

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.

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

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…

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…

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…

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…

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…

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.

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.

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.

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…

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…

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…

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…

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)…