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
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.
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).
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
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.
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.
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 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
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
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)
South Korean shipyard Hyundai Heavy Industries (HHI) has ordered two seawater/propane based regasification modules from Wärtsilä. The systems are to be installed on floating storage and regasification unit (FSRU) vessels owned by Höegh LNG
On Saturday, August 29, 2015, the world’s first series of energy efficient containerships welcomed its second LNG-powered vessel in San Diego, fueling the U.S. maritime industry with cutting edge economic and environmental efficiencies powered by liquefied natural gas (LNG).
Tsakos Energy Navigation Limited announces two-year charter renewal at a 20 percent premium to prior contract reflecting strong tanker market fundamental, oil price levels positive for tanker markets Greece-based crude, product and LNG tanker operator Tsakos Energy Navigation Limited
Egypt has picked Shell, Vitol and Trafigura in a tender to supply four cargoes of liquefied natural gas (LNG) via Jordan's Aqaba import terminal, trade sources said. Shell will supply two cargoes while trading houses Vitol and Trafigura will supply one each, traders said.
Texas LNG appoints BNP Paribas as financial adviser for Brownsville LNG project, progresses FERC pre-filing process and completes over 60 percent of front end engineering and Design for facility. Texas LNG Brownsville LLC announced that BNP Paribas has been appointed as financial adviser
ECM Training Services, LLC, in conjunction with Galway Group, will hold an interactive training seminar entitled "Pursuing ECA Compliance: Is LNG as a Marine Fuel Viable?" September 22-23, 2015, at Minute Maid Park in Houston.
The Nigeria Liquefied Natural Gas company (NLNG) has shipped 3,200 liquefied natural gas (LNG) cargoes by Q2 of 2015, since it began international gas exports in 1989, the managing director, Babs Omotowa said, reports Business Day.
A new liquefied natural gas (LNG)-bunkering terminal may become operational at South Korea's Busan New Port by 2020. South Korean shipping company Polaris Shipping will reportedly invest $500 million (KRW 600 billion) to construct the facility.
The keel for the second Commitment Class liquefied natural gas (LNG)-powered, combination container – Roll-On/Roll-Off (ConRo) ship for Crowley Maritime Corp.’s liner services group was laid yesterday during a ceremony at shipbuilder VT Halter Marine, Inc
Gas giant Qatar is the world’s top supplier of liquefied natural gas (LNG), but in the coming five years it could be surpassed by Australia, a shift which could weigh on its dominance in Asia, reports Reuters. Asia accounts for almost three quarters of the global market
Rosneft Trading SA, a company of Rosneft Group, and the Egyptian Natural Gas Holding Company (EGAS) signed a Master LNG Supply and Purchase Agreement. The document was signed by the Chairman of Rosneft Management Board Igor Sechin and the Chairman of EGAS Eng
The upgraded version of the Wärtsilä 34DF engine is rapidly becoming established as an industry standard. The three major South Korean shipyards are supporting the use of this engine for auxiliary applications in the LNG Carrier segment where dual-fuel engines are favoured
The massive $27 billion Yamal LNG liquefied-natural-gas venture in the Arctic Circle, a centerpiece of President Vladimir Putin’s plan for Russia has been squeezed by U.S. restrictions on OAO Novatek, says a report in the WSJ.
Russia’s biggest shipping company PAO Sovcomflot (SCF Group) surpassed its own expectations and went forward on both revenue and net profit in the first six months. It has posted a gross revenue increase of 11.8 per cent in the first half of 2015 worth USD 754
Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Hitachi Zosen Corporation for a high-pressure gas supply system enabling use of natural gas as fuel in marine engines. In lieu of conventional heavy oil, the system supplies liquefied natural gas (LNG)