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Shell plans more natural gas development in Queensland

16 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Shell Shell’s Australian unit plans to develop its next wave of onshore natural gas fields in Queensland to supply gas to domestic and LNG export customers for the next 30 years. During 2019 and 2020, Shell will progressively drill 250 new gas wells as part of the

Enagás’ nine-month profit edges up

16 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Enagás’ Spanish LNG terminal operator, Enagás reported a net profit of €325.7 million ($377.5 million) for the first nine months of 2018, edging up 1 percent over the corresponding period of last year. The contribution of the affiliate companies to this net profit was approximately 20%, with a

Total eyeing LNG terminal stakes in India

16 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Total Total of France started talks to capture a stake in liquefied natural gas import facilities in India.  The company’s chairman and CEO Patrick Pouyanne said Total is actually engaged in talks with several parties to buy stakes in LNG import terminals, Platts reports. The report follows that

Report: first Ichthys LNG cargo expected this week

16 Oct No Comments gregsamuel_e5x9azx4 LNG World News

First Ichthys condensate cargo (Image courtesy of Inpex) Japan’s Inpex is reportedly set to load the first liquefied natural gas (LNG) cargo from its giant Ichthys project in Australia this week. The LNG vessel Pacific Breeze was located close to the Ichthys LNG terminal near Darwin with a departure date

USA: Dominion restarting Cove Point LNG plant after maintenance

16 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Cove Point LNG (Image courtesy of Dominion Energy) US LNG operator Dominion Energy is restarting its Cove Point liquefied natural gas export terminal in Maryland following a planned maintenance that started late September. “The scheduled inspection and maintenance outage at the Dominion Energy Cove Point LNG terminal is nearing completion,” Dominion

Höegh, EGAS rework FSRU Höegh Gallant deal

15 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Höegh LNG Höegh LNG said it has decided to amend the Höegh Gallant FSRU time charter with Egypt Natural Gas Holdings Company (EGAS). Under the amended contract, the Höegh Gallant will be chartered as an LNG carrier to a third party, and EGAS will compensate for the

GCL adds former CNOOC officials to boost LNG team

15 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of GCL China’s GCL Group Holding is reportedly hiring CNOOC senior officials as it prepares to boost its LNG business.  The company that is developing a liquefied natural gas export project in Djibouti as well as an LNG import facility in China recently hired CNOOC’s former manager of

WoodMac expects 2019 to be LNG FID year

15 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Wood Mackenzie The year 2019 could be a major one for final investment decisions (FID) on new liquefied natural gas projects, according to the research and consultancy group Wood Mackenzie. With strong demand growth signals, the supply is bound to respond, the consultancy said. “After a dearth of new

Wärtsilä engines chosen for Ponant LNG-ferry

15 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Ponant Finnish technology group Wärtsilä’s dual-fuel engine has been selected to power a polar ice-class luxury cruise vessel is being built for the France-based operator Ponant. The 150-meter ship being built at Vard Søviknes, a part of VARD shipbuilding group in Norway, will operate in environmentally sensitive

South Korea’s Sep LNG imports surge

15 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Kogas South Korea, the world’s third buyer of liquefied natural gas (LNG), received 3.36 million tonnes of the chilled fuel in September, a rise of 42.5 percent year-on-year. Compared to the previous month, LNG imports rose 15 percent, according to the customs data. The data shows that

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