Kitsault Energy names Kitsault as an ideal location for a deep-water LNG terminal north of Prince Rupert, British Columbia. Located 800 km (500 miles) north of Vancouver, British Columbia and 140 km (85 miles) north of Prince Rupert, British Columbia, Canada, Kitsault is a purpose-built resource community with complete community infrastructure and housing for more than 1000 residents. With nearly 350 acres of industrial and residential land, full BC Hydro service, and a deep water port, Kitsault makes both economic and environmental sense as the preferred location to be the Liquefied Natural Gas (LNG) terminal site for the export of natural gas from North East British Columbia to Asia and other markets. LNG pipeline routing to Kitsault has already been proposed by others. An export terminal at Kitsault for LNG operation will have the shortest natural gas pipeline for the projects currently proposed in that region, saving 100 to 300 kilometers of pipeline at a cost savings of 1 to 3 Billion CAD / USD. The infrastructure in place in and around Kitsault will also allow for an accelerated start to the creation of an LNG plant and energy export facility. Kitsault already has staff housing, utilities, land, as well as multiple airport facilities, including an unused long runway airport at Nass Camp, one hour from Kitsault and 75 minutes from Terrace. Kitsault can also be accessed by float plane, helicopter, and road. Land exists to establish a runway in Kitsault itself.
The healthy LNG ship newbuilding orderbook is likely to continue through to the end of this decade. An additional 50 new ships will be required for delivery in-service within the next 10 years provided LNG growth continues at eight percent. This was amongst one of a number of detailed conclusions from recent research into LNG ship supply and demand, the results of which were presented recently at the North American LNG conference in Houston by Graham Marshall, V.P
Zeus Development Corporation announces the organization of a conference, March 12-14, 2003, in Los Angeles, to consider the implications of West Coast terminals for the global LNG industry. "With numerous onshore and offshore terminal proposals under evaluation on the West Coast by ChevronTexaco, Marathon, Shell, Mitsubishi, El Paso and others, the LNG industry will likely drive the golden spike in its circumference of the globe this decade," said Bob Nimocks
The Federal Energy Regulatory Commission (FERC) is convening a technical conference in Washington, DC on November 9 (tomorrow) to discuss certain issues raised by a recent filing of the Dominion Cove Point LNG, LP. The purpose of the technical conference is to discuss whether the language proposed in the filing is consistent with current FERC policies concerning title transfer tracking, as well as the practices of other LNG terminals. 69 Fed. Reg. 64756 (HK Law).
Maritime industry executives from around the world will convene in Stamford, Conn., Sept. 30 through Oct. 2, 2014 for SHIPPINGInsight 2014. Entering its third year, SHIPPINGInsight has become established as the premier maritime industry technical forum in North America addressing practical solutions for the challenges facing ship operators. For 2014, the conference organizers are expanding the event with the addition of a dedicated Marine LNG Symposium, Sept
FMC Commissioner William P. Doyle delivered the keynote address to LNG Bunkering North America conference Vancouver, Canada, providing insight into LNG as a marine fuel and LNG bunkering. "Liquefied Natural Gas (LNG) bunkering in North America is moving forward. Quite frankly it needs to move forward,” Doyle said. “There is an abundant supply of natural gas in North America. Utilizing natural gas as a marine fuel would help ship owners and operators comply with the MARPOL
Teekay LNG Partners L.P. plans to release its financial results for the fourth quarter and fiscal year 2006 after market close on Wednesday, February 21, 2007. The Partnership plans to host a conference call on Friday, February 23 to discuss the results for the quarter and fiscal year.
The annual Offshore Technology Conference (OTC) is scheduled to convene in Houston's Reliant Center on May 3-6. The event, expecting to draw more than 2,000 exhibitors and 50,000 attendees, celebrates 35 years of innovation and the importance of offshore resources. Aptly themed "Innovation Without Limits," OTC will feature nearly 50 technical sessions and more than 340 technical presentations, introducing the latest offshore technology to participants
While there are indications that the shipping industry is starting to emerge from the doldrums of the last six years, signals remain mixed. Moore Stephens reported in June that shipping confidence has risen to its highest point since 2010. Indeed, there are signs of a new wave of speculative ordering of new tonnage, propelled by bargain-basement prices from shipyards desperate to fill slots and a reported influx of capital from private equity sources
Three days of speakers, panels, roundtable discussions, exhibits and networking events More than 150 shipping industry professionals from around the world gathered this month in Stamford, Conn., for SHIPPINGInsight 2014 – a technical and ship operations forum for the maritime industry in North America. The annual SHIPPINGInsight event, held Sept. 30 – Oct. 2, encompassed three days of presentations, discussions, debates and networking
Cheniere Energy Inc. plans to start exporting liquefied natural gas in August from a second plant at its Sabine Pass terminal in Cameron Parish, according to a report from Bloomberg News. Cheniere began exporting LNG in February from its first unit at Sabine Pass
Nearly two dozen vessels were queued outside the French oil import terminal in Fos, southern France on Thursday, held up by a strike organised by the hardline CGT and FO unions over planned labour reforms. A spokeswoman for the port of Marseille told Reuters that yesterday 29 oil
Egypt will tender next week to import 10 cargoes of liquefied natural gas (LNG) for delivery in July and August, an official from the state gas company, EGAS, said on Thursday. The official said Egypt would consider importing a further 10 cargoes of LNG
EDF Trading, a wholly-owned subsidiary of French power giant EDF, has signed an LNG sales and purchase agreement with Japanese LNG aggregator Jera Co Inc, one of the world’s largest buyers of liquefied natural gas. Jera, a joint venture between Tokyo Electric Power Co
HiLoad LNG AS, a subsidiary of Sevan Marine ASA, and Technip presented together this year the HiLoad LNG Parallel Loading System (PLS) at OTC. This system utilizes the HiLoad LNG unit for station keeping and Technip’s cryogenic flexible aerial pipes to transfer LNG from a FLNG unit (either a
Japan, the world’s largest buyer of liquefied natural gas is aiming to establish an international liquefied natural gas (LNG) trading hub by the early 2020s, according to a statement by Japanese Ministry of Economy, Trade and Industry (METI) .
The emergence of US liquefied natural gas as a competitive alternative for European and Asian customers, combined with an oversupplied market, should drive more convergence between natural gas prices at major hubs and weaken the link between gas and oil prices, Fitch Ratings says.
Oslo-based LNG shipping company, Awilco LNG, reported a first quarter freight income of US$8.9 million, down from $12.1 million in the same quarter the previous year. The pure play LNG transportation provider said that an oversupply of shipping in the carrier market
A new wave of investments in Papua New Guinea’s energy sector could see some $19 billion of projects launched in the coming years, boosting the country’s liquefied natural gas (LNG) output and providing employment to thousands.
Regasifying and storing LNG offshore has allowed customers to import gas without committing to land-based infrastructure. The option also speeds up access to vast amounts of energy. “Wärtsilä focuses on completing the LNG value chain,” says Timo Koponen, Vice President
First of its kind Cryoline floating LNG hose-in-hose transfer system improves safety and lowers operator costs – improving access to LNG fuel Trelleborg’s fluid handling operation, supplier of flexible bonded hose solutions for the crude oil
For over one year the HUMMEL has been contributing to improved air quality at the port of Hamburg. Becker Marine Systems’ LNG Hybrid Barge will also be supplying lower mission power to the AIDAsol this year. The cruise ship has already made three calls since the middle of May and will have
South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) and Sovcomflot have agreed to delay a liquefied natural gas carrier being built for the Yamal LNG project in Russia. According DSME statement the vessel, which was originally scheduled for June this year re-set the
Norway's Statoil does not expect European gas prices to fall much further as rising demand from the power generation sector would offset an expected increase in liquefied natural gas (LNG) supply, company officials said on Wednesday.
State-run Polish gas company PGNiG will receive its first spot delivery of liquefied natural gas (LNG) from Norway’s Statoil on June 25, it said on Tuesday, taking advantage of cheap and abundant global supply. Reuters reports that on 25 June Swinoujscie will also take