Marine link
 

Cove Lng

Jordan Cove Approved for LNG Export

Terminal in Coos Bay, Oregon authorized to export Liquefied Natural Gas to non-free trade agreement countries The U.S. Energy Department announced that it has conditionally authorized Jordan Cove Energy Project, L.P. (Jordan Cove) to export domestically produced liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA) with the United States, from the Jordan Cove LNG Terminal in Coos Bay, Oregon. The Jordan Cove application was next in the order of precedence after the Energy Department conditionally authorized the proposed Cameron LNG facility. Subject to environmental review and final regulatory approval, the facility is conditionally authorized to export at a rate of up to the equivalent of 0.8 billion standard cubic feet per day (Bcf/d) of natural gas, for a period of 20 years. The development of U.S. natural gas resources is having a transformative impact on the U.S. energy landscape, helping to improve our energy security while spurring economic development and job creation around the country. This increase in domestic natural gas production is expected to continue, with the Energy Information Administration forecasting a record production rate of 72.02 Bcf/d in 2014. Federal law generally requires approval of natural gas exports to countries that have an FTA with the United States


Navy Objection May Sink LNG Project

The U.S. Navy could help scuttle plans of a developer that would have LNG tankers trolling through the Navy's torpedo test range in Rhode Island's Narragansett Bay, according to a report in the Boston Herald. Last month, the Naval Undersea Warfare Center asked federal regulators to reconsider the decision to approve a new liquefied natural gas storage facility in Fall River – which would get its LNG via giant ships passing through the bay.


FERC approves two LNG terminals, disapproves one

The Federal Energy Regulatory Commission (FERC) announced that it approved proposals to construct and operate two new liquefied natural gas (LNG) import terminals and disapproved one proposal. The approved facilities are the Weavers Cove project at Fall River, Massachusetts and the Golden Pass project to be constructed in Texas and Louisiana. The disapproved facility was proposed to have been in Providence, Rhode Island. (HK Law).


Rhode Island Passes Bill on LNG Ship Ops

The House of Representatives today voted 66-0 to approve legislation introduced by Rep. Raymond E. Gallison Jr. to require any LNG tanker to have an LNG-certified American master mariner present on each trip through Rhode Island waters and during transfer of cargo. Representative Gallison, chairman of the Special House Commission to Study the Transportation of Liquefied Natural Gas and a Democrat who represents District 69 in Bristol and Portsmouth


Statoil to Expand US LNG Capacity

A non-binding letter of intent has been signed by Statoil with US-based Dominion energy company. This gives Statoil the exclusive right to negotiate a deal which will secure access for the group to extra capacity at the Cove Point liquefied natural gas (LNG) terminal in Maryland. If the agreement is concluded, Statoil will take the entire capacity increase for a 20-year period. The group will thus more than quadruple the amount of capacity available to it at the terminal.


USCG Rejects LNG Appeal

The U.S. Coast Guard, according to an AP report, has rejected an appeal of its decision to advise against a proposed liquefied natural gas terminal in Fall River. The Coast Guard reportedly wrote a letter to Weaver's Cove Energy LLC executives to reaffirm its position that the river approaching the project is unsafe for navigation by massive LNG tankers.


Portsmouth To Fight LNG

The Portsmouth Town Council has voted to allocate up to $25,000 for legal expenses to help fight a proposed liquefied natural gas (LNG) terminal in nearby Fall River, Mass., the third Rhode Island community to promise money to oppose the project, according to a report on www.turnto10.com. The $250 million Weaver's Cove Energy project was approved on June 30 by the Federal Energy Regulatory Commission. The FERC at that time rejected a proposal by KeySpan LNG to expand an LNG facility in


BP Amoco Orders Two LNG Carriers From SHI

BP Amoco ordered two liquified natural gas (LNG) ships, with options to purchase three more, from Samsung Heavy Industries Co for in excess of $300 million. The oil giant, which is the world's second largest non-state producer of natural gas, said construction will start in April 2001 with delivery of the first ship in the fourth quarter of 2002 and the second in the first quarter of 2003. "This order is part of our strategy for rapidly growing our internationally traded gas business


FERC – Weaver’s Cover Offshore Berth Project

The Federal Energy Regulatory Commission (FERC) issued a notice stating that it is evaluating the Offshore Berth Project planned by Weaver’s Cove Energy. The plan calls for construction of a berthing facility in Mount Hope Bay, approximately one-mile southwest of Brayton Point in Somerset, Massachusetts, with pipelines connecting the berthing facility with the previously authorized liquid natural gas (LNG) facility in Fall River


FERC – technical conference re Cove Point LNG expansion

The Federal Energy Regulatory Commission (FERC) issued a notice stating that it will hold a technical conference in Washington, DC on August 6 to discuss safety issues related to the proposed expansion of Dominion Cove Point LNG facility and its safety impact on the Washington Gas Light Company.  The meeting is closed to the public due to the sensitive nature of the information under discussion.  73 Fed. Reg. 45434  (HK Law)


MISC Bhd: Revenue Up

Puteri Firus, LNG Shipping. Photo: MISC Berhad

 Malaysia International Shipping Corporation Berhad (MISC Berhad), a shipping arm of Petronas, has seen an increase of 12.3 percent in its net profit for the 2015 full year financials when compared to 2014.   The liquefied natural gas (LNG) shipper said the higher earnings compared


Total Signs Deal to Supply LNG to China's ENN

Image: ENN Energy

 Total SA has signed an agreement to supply liquefied natural gas to ENN Energy in China, according to a news release on the French energy company's website.   The deal is for 0.5 million metric tons of LNG per year for a period of 10 years and will be delivered from the company's


Norway will be Lithuania's 2016 Top Gas Supplier

File Image: a modern LNG carrier (credit: DNV GL)

Lithuania will import more gas from Norway than from former sole supplier Russia in 2016 after developing infrastructure to support liquefied natural gas (LNG) imports, the country's energy minister said on Monday. Russia's Gazprom had enjoyed a supply monopoly until the end of 2014


LNG Bulker Cements Thordon's Green Future

JT Cements LNG-fuelled cement carried Greenland undergoing sea trials (Photo: Thordon Bearings)

Sea trials aboard Greenland, the world’s first LNG-fuelled short-sea dry bulk vessel, have validated the performance of Thordon Bearings COMPAC propeller shaft solution, indicating that seawater-lubricated bearing systems are applicable to all ship types and are definitely here to stay.


Statoil's LNG Price for Lithuania to Fall by a Third

Photo: Klaipeda LNG Terminal

 Liquefied natural gas (LNG) price from Norwegian company Statoil ASA for Lithuania is set to fall by more than one-third and the Klaipeda LNG terminal's maintenance costs are to decline by around 23% after Lithuania's gas trade company Litgas completed talks with the Norwegian supplier on a


Yamal Project’s First Ice-going LNG Carrier Launched

Image: ABB

The first of 15 ice-going LNG carriers for the Yamal project has been launched and is set to sail the arctic waters from Siberia to Europe and Asia. Built by Daewoo Shipbuilding and Marine Engineering (DSME) in its Okpo South Korea yard, the new vessel, SCF Yamal


Keppel, BG Group JV to supply LNG Bunkers in Singapore

BG Group and Keppel to fuel ships with LNG in Singapore Photo BG Group

First delivery of LNG bunker expected to commence in 2017 Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned subsidiary KS Investments Pte Ltd (KSI), and BG Group plc (BG Group) have been selected to supply Liquefied Natural Gas (LNG) bunker to vessels in the Port of


Eagle LNG Seeks Greenlight for LNG Exports

Eagle LNG Partners has submitted an application with the US Department of Energy (DOE) requesting long-term, multi-contract authorization under Section 3 of the Natural Gas Act to engage in exports of natural gas in the form of liquefied natural gas (LNG).   


VARD's LNG Tank gets DNV GL Approval

The tank is the result of a joint industry project (JIP) initiated by VARD and DNV GL Photo DNV GL

VARD’s new LNG tank design has been granted General Approval for Ship Application (GASA) by DNV GL. The new LNG-type B-tank design is based on vertical cylindrical-shape geometry and has a patented support design. The tank is the result of a joint industry project (JIP) initiated by VARD


LNG Prices Dip on Stock Builds as New Supply Looms

Asian spot LNG prices fell this week as top consumer Japan struggled with surplus stock and Chevron's new Gorgon project neared start-up, which will feed into an already oversupplied market.   The big worry was about Russia's Sakhalin-2 export plant


LNG Shipping Rates to Remain Under Pressure in 2016

LNG shipping earnings will remain under pressure in 2016 as accelerating fleet growth and changing trade patterns will weaken supply-demand conditions, according to the latest edition of the LNG Forecaster report published by global shipping consultancy Drewry.


Total, ENN Ink 10-year LNG Supply Pact

European oil major Total has agreed to supply 500,000 tonnes a year of liquefied natural gas (LNG) for 10 years to China's privately-run ENN Group, Total said on Thursday. The supplies of the super-chilled natural gas will start in 2018 upon completion of ENN's planned receiving facility near


Aqualis Offshore Lands Study Job for LNG Barge

Offshore marine and engineering consultancy Aqualis Offshore, part of Oslo-listed Aqualis ASA, has been contracted by Gas Entec Co. Ltd to provide an engineering study of a new-build LNG barge that will operate offshore the U.S. The contract value is undisclosed.   


UAE Plans Floating LNG Import Terminal

File Image: an STS LNG Transfer in progress (image: Excelerate)

State-owned Abu Dhabi National Oil Co. (ADNOC) plans to start a new liquefied natural gas floating import terminal (FSRU) in the second half of this year, three LNG industry sources said. The floating import terminal is being supplied by U.S


Crowley Christens 2nd LNG-ready Product Tanker

Photo: Crowley

Crowley christens second of four newly built, LNG-ready product tankers for use in U.S. coastwise trade   Crowley Maritime Corp. has christened the second of four new Jones Act product tankers yesterday at the South Florida Petroleum Terminal (The Public Dock) in Fort Lauderdale, Fla






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright