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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)


GasLog Completes $1.05 Bn Financing Facility for Six Vessels

Photo: GasLog Ltd

 Monaco-headquartered owner and operator of liquefied natural gas (LNG) carriers GasLog Ltd. has launched a debt financing of USD 1.05 billion with a number of international banks to re-finance six legacy vessel facilities.   The Legacy Facility Re-financing covers eight on-the-water


GTT, Endel Team-up to Roll-out Membrane Containment Systems

The concept, design, components, erection and testing of the membrane tank systems provided by GTT

21 June 2016. GTT and the Endel company1 reaffirmed their collaboration in the area of LNG as a marine fuel, following the recent signature of a Technical Assistance and License Agreement (TALA) for the construction of GTT membrane containment systems


VEB Guarantees $3 Bln of Yamal LNG Debt

Russian development bank VEB said on Friday it had provided a guarantee for $3 billion of debt to the Yamal liquefied natural gas (LNG) project, led by Russian gas firm Novatek.   VEB said in a statement that the guarantee would help encourage overseas financing for the Yamal project


Conrad Shipyard Forms LNG Business Unit

Conrad LNG Vice President Brett Wolbrink (Photo: Conrad Shipyard)

Conrad Shipyard has formed a new business unit focused on LNG projects.   Conrad, builder of North America’s first LNG bunker barge scheduled for 2017 delivery, said it continues to actively pursue other LNG opportunities, including developing designs for additional transport barges


Japan LNG Prices Fall to Lowest in More Than 2 Years

Prices for liquefied natural gas (LNG) spot cargoes for Japan, the world's top buyer, fell in May to the lowest since the trade ministry started publishing figures more than two years ago, official data showed on Thursday.   The average price of spot LNG contracted in May fell by 10 cents


Helengi Unveils LNG Bunkering Vessel

Image: heLeNGi

 Greece's LNG engineering solutions provider, Helengi has revealed its LNG bunker feeder vessel Amaltheia during the recent Posidonia exhibition held in Athens.   "A state of the art vessel is the result of years of intensive engineering studies and it is the first time that Greek


Golar Redesigns Ship Management with BASSnet

Courtesy Golar LNG

Following a comprehensive exercise to insource all ship management functions and to build a fully integrated shipping company, Golar LNG recently chose the BASSnet software as the core building block for the management of its fleet of 23 LNG carriers.


NLNG Adds New Vessels

Image: Nigeria Liquefied Natural Gas Limited

 The Nigeria Liquefied Natural Gas Limited (NLNG) will this month receive the last of the six new vessels it bought for the transportation of liquefied natural gas (LNG) to various parts of the world, says a report in The Nation.  


India Teams up with Japan, South Korea on LNG

Dharmendra Pradhan. Photo: Ministry of Petroleum and Natural Gas

 India plans to form an alliance with Japan and South Korea to buy liquefied natural gas (LNG) at "reasonable prices", the country's oil minister Dharmendra Pradhan said.   India may soon rope China into the alliance as well, he said.  


NYK Joins Study for LNG Bunkering in Yokohama

Image of LNG-fueled tugboat Image NYK

NYK is participating in a study launched by Japan’s Ministry of Land, Infrastructure and Transport and Tourism (MLIT) to explore the feasibility of LNG bunkering in Yokohama.   This study is examining the technological and infrastructural requirements for establishment of an LNG


ME-GI Engines for Maran's New LNG Carriers

Daewoo Shipbuilding & Marine Engineering (DSME) has signed new contracts with Maran Gas Maritime and Maran Tankers Management for the construction of two ME-GI powered LNG carriers and two VLCCs, both shiptypes with a number of options. Maran Gas Maritime has already four ME-GI powered LNG


Teekay Orders LNG Cargo Training Software

Specialist liquefied natural gas (LNG) training and simulation provider GTT Training has been awarded a contract by Teekay Shipping to supply the G-Sim LNG simulator software into its training centers in Glasgow, Manila and Bahrain.  


ABS Group Signs on Elba LNG Project

ABSG Consulting Inc., a subsidiary of ABS Group of Companies, Inc. (ABS Group), has been contracted by Kinder Morgan, Inc. to develop a Maintenance and Integrity Program for the liquefied natural gas (LNG) regasification terminal at Elba Island (Elba LNG Project) near Savannah, Georgia.  


SCF Group Secures Funds for New Arctic LNG Tanker

PAO Sovcomflot (SCF Group) and VTB Bank have signed a $260 million 13-year loan agreement, providing financing of construction of an Arctic liquefied natural gas (LNG) tanker for the Yamal LNG project.   The agreement was signed on June 17, 2016 by Sergey Frank


Golar, Stonepeak Launch Launch FSRU Joint Venture

Golar LNG Limited announced that it has entered into a 50/50 joint venture with investment vehicles affiliated with private equity firm Stonepeak Infrastructure Partners. The joint venture company, Golar Power Ltd, will offer integrated LNG based downstream solutions






 
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