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EnergyQuest: Japan remains Australian LNG top importer

15 Aug No Comments gregsamuel_e5x9azx4 LNG World News

zoomIllustration purposes only (Image courtesy of Tokyo Gas) Japan still remains the largest importer of Australian LNG volumes, the latest monthly report by the energy consultancy EnergyQuest shows. According to the consultancy, during FY 2019, Japan imported 29.5 million tons of Australian LNG, 39 percent of the country’s total exports.

Teekay takes delivery of its fourth Yamal LNG-bound carrier

15 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Vladimir Voronin; Image courtesy of Teekay Shipping major Teekay LNG has taken delivery of the fourth Arc 7 Icebreaking LNG carrier newbuild set for the Novatek-operated Yamal LNG project in Russia. Teekay said on Wednesday that the fourth Arc 7 carrier was named after famous Soviet sea captain Vladimir Voronin.

Government seeks Papua LNG gas deal renegotiation

15 Aug No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Total Papua New Guinea’s government has dispatched a team to Singapore to re-negotiate the Papua LNG gas agreement terms signed with Total, operator of the proposed project, ExxonMobil and Oil Search.  In its statement, the office of the PNG’s minister for petroleum noted that the National Executive

Indonesian gas utility closes tender for small LNG FSU

15 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Illustration; LNG FSU vessel; Author: NAC; Source: Wikimedia – under the license CC BY-SA 4.0 Indonesian gas utility company PT Perusahaan Gas Negara (PGN), a unit of state-owned Pertamina, has reportedly been looking to lease a floating storage unit (FSU) for liquefied natural gas (LNG). The utility, in a tender

Woodside’s half-year profit slips

15 Aug No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Woodside Australia’s Woodside Petroleum reported a $419 million net profit after tax (NPAT) for the first of the year, slipping 22.5 percent below the corresponding period last year.  The company noted in its report that the profit reflects strong operating fundamentals, offset by the impact of cyclone

Titan LNG’s FlexFueler bunkers DEME’s LNG-powered dredger

15 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Titan LNG The service supplier of liquefied natural gas Titan LNG completed the bunkering of DEME’s LNG-powered dredger.  The company said in a brief statement through its social media channels that its liquefied natural gas bunkering barge, the FlexFueler001 bunkered the LNG-powered trailing suction hopper dredger, the

Australia: Gladstone July LNG exports edge up

14 Aug No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Santos LNG exports from the three liquefaction plants located on Curtis Island off Gladstone reached 1.69 million tons of LNG in July.  The volume was spread across 25 cargoes, data from the Gladstone Ports Corporation shows. Compared to the corresponding month in 2018, when the three facilities

BP makes its FOB LNG deal template public

14 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of BP BP has become the first major oil and gas business to publish its free-on-board master sale and purchase agreement template for LNG transactions (BP FOB MSA). The BP FOB MSA allows either party to buy or sell physical LNG cargoes on a free-on-board basis, BP said

India’s GSPC seeks October LNG cargo

14 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of GSPC India’s Gujarat State Petroleum Corp. has reportedly launched a tender to purchase a single cargo of liquefied natural gas (LNG). GSPC is seeking a liquefied natural gas cargo for delivery in October, Reuters reported on Wednesday citing trade sources. According to the news agency, the tender

NextDecade delays Rio Grande LNG FID

14 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of NextDecade US LNG export project developer NextDecade Corporation has pushed its expected final investment decision on its Rio Grande LNG project in Brownsville, Texas, to the fourth quarter of the year.  In its previous statements, the company expected to reach a final investment decision on the 27

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