Top news of the week August 27 – September 1
Gothia Tankers Alliance fifth LNG-fueled vessel leaves dock
31
Aug
Illustration purposes only (Image courtesy of Furetank Reederi) Gothia Tanker Alliance’s fifth LNG-fueled vessel, the Fure Ven, has pulled out of the dock at the Chinese Avic Dingheng shipyard. It is a part of the six-vessel series ordered by the Gothia Tanker Alliance members Furetank, Älvtank and Erik Thun. Out of
ExxonMobil offers Gorgon LNG cargo for sale
31
Aug
Image courtesy of Chevron US energy giant ExxonMobil has reportedly put up a single cargo from the Chevron-operated Gorgon LNG facility in Australia with delivery in November. Sources told Reuters that the bids for the volume from the facility are due on September 3. Gorgon comprises a three-train, 15.6 million tonnes
Elengy ticks off milestones at Montoir-de-Bretagne
31
Aug
Image courtesy of Elengy French LNG operator Elengy, a unit of the energy giant Engie, said its Montoir-de-Bretagne terminal reached a number of milestones during the month of August. The facility saw 13 LNG carriers dock during the month, four of which unloaded cargoes, with further three reloadings and three LNG
Utilities push Asian spot LNG prices up
31
Aug
Illustration purposes only (Image courtesy of Kansai Electric) Spot LNG prices in Asia have jumped for the third week running as the demand from Japan and South Korea remained strong. Sources told Reuters that the prices have been bumped up by the delivery delays from Brunei that have ended. LNG
Gazprom’s profit jumps in Q2
29
Aug
zoom Russian gas giant Gazprom saw its net profit rising more than five-fold in the second quarter of this year. Moscow-based Gazprom posted a net profit of 259 billion roubles ($3.8 billion) as compared to 48 billion roubles in the year-earlier period, boosted by higher sales and increased oil and gas
Shannon LNG picks New Fortress Energy for terminal development
28
Aug
zoomShannon LNG proposed site (Image courtesy of Shannon LNG) Shannon LNG said it has entered into an agreement with New Fortress Energy to develop the proposed LNG terminal project on the Shannon Estuary in County Kerry, Ireland. Shannon LNG proposes to construct an LNG import terminal on a site on
Total agrees Hazira stake sale, LNG supply deal with Shell
Venezuelan gas to flow to Trinidad and Tobago for liquefaction
27
Aug
zoomImage courtesy of PDVSA Venezuela and Trinidad and Tobago have signed a deal to deliver natural gas from the Venezuelan Dragon field for export through the Atlantic LNG’s Point Fortin facility. According to a statement by the state-owned Petróleos de Venezuela, the two countries will execute the interconnection project linking the
Top news of the week August 20-25
26
Aug
Image courtesy of Conrad Industries New Fortress Energy to build LNG terminal in Mexico New Fortress Energy has been awarded a long-term contract for the development, construction and operation of an LNG import terminal in the Port of Pichilingue, Baja California Sur, Mexico. GasLog inks charter deals with Cheniere, orders