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Yamal LNG Inks Deal with Gazprom to Sell LNG in Asia

A trading subsidary of Russian gas producer Yamal LNG has signed a long-term supply contract with a trading subsidiary of Gazprom, under which liquefied natural gas (LNG) produced by Yamal LNG will be sold in Asia, Yamal LNG said on Friday.   The company said in a statement that the contract involved sales of 2.9 million tons of LNG per annum which would be sold to the Asia-Pacific region, primarily India, with the LNG priice indexed to crude oil.   The contract was signed by Yamal Trade Pte Ltd and Gazprom Marketing & Trading Singapore Pte Ltd.     (Reporting By Jason Bush)


Keyspan LNG facility – letter of recommendation

The U.S. Coast Guard issued a Notice stating that, in response to a Letter of Intent to modify the Keyspan liquefied natural gas (LNG) facility in Providence, Rhode Island to accept shipments of LNG by water, the Coast Guard is preparing a letter of recommendation as to the suitability of the Narragansett Bay waterways for LNG marine traffic. Comments pertaining to maritime operation and waterways management aspects of the proposed LNG facility modifications should be submitted by


Qatar Orders World’s Largest LNG Ships

Qatar Gas Transport Company (Nakilat) signed a contract with two South Korean shipbuilders to construct the world's largest liquified natural gas (LNG) carriers at a cost of $2.5bn, according to a report from The Peninsula/Agencies. Nakilat said in a statement that it has ordered three "QMax" LNG carriers with a capacity of 265,000 cubic metres (9.3 million cubic feet) each from Daewoo Shipbuilding and Marine, and another three from Samsung Heavy Industries


Gulf LNG Clean Energy Marine Terminal Project – Meeting

The U.S. Coast Guard is preparing a letter of recommendation as to the suitability of the Pascagoula Bar, Horn Island Pass, Lower Pascagoula Bay, and Bayou Casotte Channels for liquefied natural gas (LNG) marine traffic. The letter of recommendation is in response to a letter of intent submitted by Gulf LNG Clean Energy Marine Terminal Project to operate a LNG facility in Jackson County, Mississippi. A public meeting will be held in Pascagoula on December 7 to receive input


Repsol YPF Eyes LNG Joint Venture

Repsol YPF SA is studying the creation of a joint venture with Tambeyneftgaz and Anadarko for a liquified natural gas (LNG) project in the Yamal Peninsula. The project would transport gas to the west coast of Canada, where it would go through Repsol YPF's regasification plant at Canaport, to be later sold in the US. The company also plans to open an office in Moscow to support its growing business in Russia, to foster opportunities for new partnerships with some of the country's leading


Exxon's New Guinea LNG Plant: 4 August Cargoes

ExxonMobil's Papua New Guinea liquefied natural gas (LNG) export plant is offering to sell four cargoes loading in August to long-term buyers as well as Asian end-users, two traders said. The rapid export rate from the new plant, which was completed ahead of schedule, has helped push global LNG prices lower as major Japanese buyers retreat from spot markets. The plant's main long-term buyers are Japan's Tokyo Electric Power, Osaka Gas and Taiwan's CPC


Calypso LNG DWP License Application

The Maritime Administration (MARAD) and the US Coast Guard issued a notice stating that they have received an application for licensing of a liquefied natural gas (LNG) deepwater port (DWP) from Calypso LNG LLC. The application calls for construction and operation of an LNG DWP in federal waters of the Atlantic Ocean approximately 9 miles off the coast of Florida northeast of Fort Lauderdale. 71 Fed. Reg. 65031 (HK LAW)


FLEX LNG Orders Third LNG Vessel

FLEX LNG ordered its third 90,000 cubic meter (3.1 MMcf) SPB liquefied natural gas (LNG) vessel this year from Samsung Heavy Industries. The vessel will be identical to the two others ordered in March of this year. The third vessel is expected to begin operations in the fourth quarter of 2011. [Source: http://www.energycurrent.com]


Freeport LNG Development – Environmental Statement

The Federal Energy Regulatory Commission (FERC) issued a Notice announcing availability of the final environmental impact statement (EIS) for construction and operation of the liquefied natural gas (LNG) import terminal and pipeline proposed by Freeport LNG Development, LP. The proposal includes LNG ship docking and unloading facilities in Brazoria County, Texas. Comments should be submitted within 30 days.


Teekay Announces Public Offering

Teekay LNG Partners L.P. has announced  that it has agreed to sell 2,800,000 common units, which represent limited partner interests, in a public offering. Teekay LNG has granted the underwriters a 30-day option to purchase up to an additional 420,000 common units. The Partnership expects to use the proceeds to fund the equity portion of its first installment payment of approximately $95 million for six newbuilding liquefied natural gas (LNG) carriers ordered by the Partnership's 50/50


Sanctions Dampen Traffic on Russia's Arctic Route

Photo: U.S. Naval Istitute

Often heralded as new shipping lane, Arctic shipments fall. Western sanctions on Russia are restricting the Arctic shipping route along its north coast to domestic cargoes and energy exports with many foreign firms staying away after test voyages on a fabled short-cut between Europe and Asia


Chevron, SK LNG Trading Ink Deal for LNG Supply

Logo

Chevron Corporation today announced its Australian subsidiaries have signed a binding Sales and Purchase Agreement (SPA) with SK LNG Trading Pte Ltd (SK). Under the SPA, SK LNG Trading, which is part of a leading industrial conglomerate in South Korea, will receive 4


Tepco, Chubu Buying 6 LNG cargoes from Vitol

Japan's Tokyo Electric Power Co and Chubu Electric Power Co,, are expected to buy a total of six cargoes of liquefied natural gas (LNG) from Vitol and GDF Suez in their first joint tender, three traders said on Friday. "They are waiting for the government to confirm


CFE to Lift Eight LNG Cargoes

Mexican state-owned utility CFE has bought eight cargoes of liquefied natural gas (LNG), four traders said. Swiss trading house Trafigura was awarded the bulk of the volume, selling seven cargoes, while oil major BP sold the remaining cargo, two traders said.


Africa to Roll out Three Floating LNG Projects

Golar LNG

 Africa has planned three floating LNG export proj­ects - Cameroon, Equatorial Guinea and Mo­zambique.   According to local media reports, the African nations are launching LNG projects - three such planned projects in Nige­ria; two planned LNG projects in Equatorial


Panama Canal Inks Deal with Lake Charles Port

Agreement aims to capitalize on the advantages the Canal Expansion will offer, attracting new customers from the LNG industry

  The Panama Canal Authority (ACP) signed a cooperation agreement with the Port of Lake Charles in Louisiana earlier this week, which aims to attract new customers from the liquefied natural gas (LNG) industry; a strategy that builds upon the advantages that the expanded Canal will offer


Gas Tanker Reportedly Aground off Nigeria

A liquefied natural gas (LNG) tanker has run aground off Nigeria after taking on a cargo at the country's Bonny Island export plant, two trading sources said. The 165,000-cubic-metre-capacity Magellan Spirit tanker, owned by Teekay LNG Partners


SAACKE Water Boiler Ordered for FLNG

SAACKE Marine Systems received an initial order from Japan-based JGC Corporation in June 2014 to deliver a complete high temperature water boiler system – consisting of a fired hot water boiler with a dual fuel burner and two heat recovery units – for PETRONAS’ second floating


Grounded LNG Tanker to be Lightered

A fully loaded liquefied natural gas (LNG) tanker grounded off Nigeria last week may siphon its cargo to another ship after tugs failed to pull it free, owner Teekay LNG Partners said on Tuesday. The Magellan Spirit tanker, carrying a full load of 165,000 cubic metres


Grounded Tanker May Siphon LNG to Break Free

A fully loaded liquefied natural gas (LNG) tanker grounded off Nigeria last week may siphon its cargo to another ship after tugs failed to pull it free, owner Teekay LNG Partners said on Tuesday.   The Magellan Spirit tanker, carrying a full load of 165,000 cubic metres


DSME Orders GTT Membranes for 3 Teekay LNGCs

Liquefied Natural Gas (LNG) membrane containment systems designer GTT has received an order for three large Liquefied Natural Gas Carriers (LNGCs), the company reported.   The three ships, to be built by the Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME)


India to Talk Sanctions, LNG Imports During Obama Visit

India will use an upcoming visit by Barack Obama to press the United States to remove Indian oil companies from a list naming firms doing business in Iran, and to seek priority access to U.S. LNG exports, sources in the Oil Ministry said.  


Trafigura Fixes Australian LNG Cargo

Swiss-trading house Trafigura has purchased one of three liquefied natural gas (LNG) cargoes offered by Australia's North West Shelf export plant as part of a tender awarded late last week, four traders said. The winners of the remaining two cargoes are thought to be a mid-size oil major and a


GTT, Conrad Shipyard Ink Deal for LNG Barges and Bunker Tanks

GTT signs license agreement with Conrad Shipyard for membrane containment systems for LNG barges and bunker tanks   Gaztransport & Technigaz (GTT) announced that its U.S. subsidiary, GTT North America, has signed a Technical Assistance and License Agreement (TALA) with U.S


VT Halter Lays Keel for Crowley LNG ConRo Ship

Photo courtesy of VT Halter Marine

The keel for the first of two liquefied natural gas (LNG)-powered, combination container – Roll-On/Roll-Off (ConRo) ships for Crowley Maritime Corp.’s liner services group was laid during a ceremony at ship-builder VT Halter Marine, Inc.’s facility in Pascagoula, Miss.






 
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