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Japan’s September spot LNG price jumps YoY

10 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Illustration only. Image source: Pixabay under CCO Creative Commons license. The price of spot liquefied natural gas contracted during the month of September in Japan jumped 53.6 percent year on year.  Data from the Japanese Ministry of Economy, Trade and Industry shows the contract-based price reached $10.6 per mmBtu, compared to

Novatek’s nine-month production up

10 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomIllustration purposes only (Image courtesy of Novatek) Russia’s largest independent natural gas producer Novatekreported a 4.9 percent rise in production for the first nine months of the year.  Novatek’s hydrocarbons production totaled 402.2 million barrels of oil equivalent (boe), including 50.31 billion cubic meters (bcm) of natural gas and 8,775

QP CEO: LNG shortage to hit sooner than expected

9 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Qatar Petroleum The global liquefied natural gas market could see a shortage sooner that it was initially anticipated, Qatar Petroleum’s president and CEO Saad Sherida Al-Kaabi said.  Speaking at a conference, Al-Kaabi said the shortage will not only come sooner than expected but it will also be bigger

Peru LNG ships four cargoes in September

9 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Peru LNG Peruvian liquefied natural gas (LNG) export facility in Pampa Melchorita shipped four cargoes during the month of September. The plant is slowly picking up the activity following a three-week maintenance in July-September. Out of the four cargoes, two were dispatched to Spain and one to

Aqualis completes Bahrain LNG topsides floatover

9 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Aqualis Offshore Aqualis Offshore has completed the floatover installation of the regasification topside offshore Bahrain as part of the Bahrain LNG import terminal. Aqualis Offshore, part of Oslo-listed energy consultancy group Aqualis was contracted by GS E&C to provide engineering and supervision services related to the loadout,

Australia: Gladstone LNG exports flat in September

9 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Ships being loaded with LNG at all three of the plants on Curtis Island (Image courtesy of Bechtel) LNG exports from the three liquefaction plants located on Curtis Island offshore Gladstone totaled 1.77 million tons in September, remaining nearly flat month-on-month.  The volume was some 50,000 tons above the August

LNG-liner AIDAnova transits to Eemshaven for final fit-out

9 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Meyer Werft German shipyard Meyer Werft on Monday began the transfer of the world’s first liquefied natural gas (LNG)-fueled cruise ship AIDAnova from its Papenburg yard to Eemshaven in the Netherland.  The vessel, owned by AIDA Cruises will complete its final fit-out at Eemshaven as well as sea

Woodside picks Bechtel for Pluto LNG expansion

9 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Woodside Australian LNG player Woodside has selected Bechtel as the preferred execution contractor for the proposed expansion of its Pluto liquefied natural gas facility in Western Australia. Woodside said on Tuesday it will continue to work with Bechtel in preparation for the award of the contract for

Wärtsilä delivers gas-fired power plants to Centrica

9 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Wärtsilä Finnish technology group Wärtsilä handed over two gas-fired power plants to the British energy and services company Centrica. Wärtsilä was selected to deliver engineering, procurement and construction (EPC) solutions for both sites, located at Brigg and Peterborough in the UK. The two 50 MW plants will

Sonatrach, Total expand natural gas cooperation in Algeria

8 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Total Algeria’s Sonatrach and France’s Total have signed two agreements continuing its partnership agreed last year.  The deals include a new concession contract to jointly develop the Erg Issouane gas field located on the TFT Sud permit, signed by Sonatrach, Total and Alnaft, the National Agency for the

WFW advises Höegh LNG on Avenir investment

8 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of WFW The London-based law firm, Watson Farley & Williams advised Höegh LNG on an investment forming part of a combined commitment of up to $182m from in Avenir LNG. The investment was sanctioned by Höegh LNG and Golar that will each take an initial 25 percent stake in Avenir,

Hapag-Lloyd to trial LNG-conversion vessel in 2019

8 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Hapag-Lloyd Hamburg-headquartered shipping company Hapag-Lloyd is set to trial an LNG-conversion vessel during 2019, as it looks to keep the costs down amidst new IMO regulation.  With a stricter International Maritime Organisation emissions regulation (IMO 2020) coming into force as of January 1, 2020, the new sulphur cap for compliant

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