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Lng Exporters

Qatar – World's Biggest LNG Exporter

Photo:  Qatargas Operating Company Limited

 Qatar has retained the crown of the biggest exporters of natural gas and the biggest exporter of liquid gas or LNG in the world, reports The Peninsula.   The country exported nearly 77 million tonnes (MT) of Liquefied Natural Gas (LNG) in 2014 which was approximately one-third of global supply, according to International Gas Union report.   Malaysia and Australia — the world’s second and third largest LNG producers respectively — saw LNG exports reach an all time high. In 2014, Malaysia exported around 25MT LNG while Australia exported 23MT.    Nigeria was the fourth largest exporter providing around 19MT to the market. Overall, LNG trade globally reached around 241MT in 2014, a 4.3MT increase over 2013 levels, added the report.   Qatar ranks third in the world in terms of natural gas reserves and it holds about 13.1 percent of the world’s total proven gas reserves. It remained the largest LNG exporter with a sizeable margin as the gap between Qatar and its competitors was huge.    In Asia, Qatar faces challenges from Australia and the United States. Australia is its biggest rival in the Asian market, and will likely continue to be so.     The country has completed its big projects of increasing its liquefied natural gas production capacities and further growth in quantities should come from the technical improvement of the existing equipment.


Keppel to Make its Mark in Qatar

Keppel FELS, a wholly-owned subsidiary of Keppel Offshore and Marine Ltd, will deliver its first Jack Up Drilling Rig ahead of schedule by the end of this year to Qatar's national drilling company, the Gulf Drilling International (GDI), the company's officials announced in Singapore recently. Built to Keppel's proprietary KFELS B Class design, the first rig has been named Al Khor, after one of Qatar's historical cities which has contributed to the development of Liquefied Natural Gas


Iran to Build Tankers with Belgian Financing

Reports indicate that Iran has signed a contract with Belgian shipping company Exmar to build 10 liquefied natural gas (LNG) tankers. Iran sits on the world's second largest reserves of natural gas, and will start production of LNG in 2009. Its natural gas reservoirs in southern Gulf waters are shared with Qatar, the main global exporter of LNG. In June 2005 Iran and India signed a contract worth 22 billion dollars for Tehran to supply five million tonnes of LNG annually


Qatar Shipyard Busy with 7 LNGCs

Aerial_may2012 web.jpg

With seven LNG carriers drydocked at the facility, Nakilat-Keppel Offshore & Marine (N-KOM) is one of the leading shipyards for LNG repairs, leveraging on Qatar’s position as top LNG exporter.  As part of the Erhama Bin Jaber Al Jalahma Shipyard, N-KOM has successfully completed marine, offshore and onshore projects for both local and international clients, with LNG repairs making up almost half of these projects.


For Europe's LNG Ports, Russia Gas Fears and US Exporters Buoy Demand

Gas buyers nervous of Russia cutting supply are helping solve Europe's problem of too many underused liquefied natural gas (LNG) terminals, as they seek space at France's Dunkirk plant. Adding to renewed demand is the more potent interest of major east Asian companies, shipping LNG from the booming output of their U.S. projects but fearing a saturated Asian market where they also face competition from Australian producers.


Global LNG-Asia Prices Creep Higher on Japanese Demand

Asian spot liquefied natural gas prices edged higher as scattered demand from Japanese buyers and others helped stem the recent decline in prices, traders said on Friday.   The price of spot LNG for April delivery inched up to $6.75 per million British thermal units (mmBtu) on Friday from $7.65 the previous week, while Europe's benchmark UK gas hub prices slipped to trade at a discount.   "We've seen some end-user demand in Japan," a trader said.  


Exmar to Use Iranian Carriers to Ship LNG

Reuters has reported that Iranian shipbuilder SADRA said it would build 10 ships for Belgium's Exmar to export Iranian liquefied natural gas (LNG) although Iran's efforts to produce the fuel are deadlocked. The total value of the 10 high-technology vessels would be $2.4b, Iran's Industry Minister Alireza Tahmasbi told state television. He told the ISNA students news agency that SADRA might sign a another deal for four more ships.


Tender for second Egypt LNG Terminal Issued

Egypt has issued a five-year tender to lease a second liquefied natural gas (LNG) import terminal, the head of the state gas board told Reuters on Monday, seeking to tackle an energy crisis. Egypt was once an energy exporter but declining oil and gas production and increasing consumption has forced the government to divert energy supplies to the domestic market, turning the country into a net energy importer. "We launched yesterday a tender to lease a second LNG import terminal for


Australia: The World’s Next LNG Leader

Map: The Australian Petroleum Production & Exploration Association

 With a spate of big new projects coming on stream in the next few years, Australia is soon expected to become the world’s largest exporter of  liquefied natural gas (LNG).    Australian Petroleum Production & Exploration Association (APPEA) says that Australia is on track to overtake Qatar to become the world's largest exporter of liquefied natural gas in 2018.   According to a new report from Accenture


Qatari LNG Tanker Logjam Signals Production Maintenance

Dozens of liquefied natural gas (LNG) tankers parked in and around Qatari export facilities - the world's biggest hub for the fuel - signal that seasonal maintenance is curbing output, industry sources said.   Around 25 tankers, all of which have exported LNG from Qatar in recent weeks, are sitting idle in anchorage areas near to the country's loading ports, shipping data on Reuters Eikon shows.   Several industry sources said that maintenance on one of the production plants


EGAS: Egypt to tender for 10 LNG Cargoes

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


World’s Biggest LNG Buyer Becomes Seller

Photo:  JERA Co., Inc.

 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


Höegh LNG Turns to Profit in 1Q

PGN FSRU Lampung  Courtesy Hoegh

Höegh LNG returned to profit following a Profit after tax of USD 6.3 million for the first quarter of 2016, up from USD 4.0 million net loss in the fourth quarter 2015. The company’s EBITDA reached $26.6 million for the first quarter of 2016, up from $24


Höegh LNG FSRUs on Strong Ground

Photo: Höegh LNG

 Höegh LNG is upbeat on the group’s FSRU prospects as its profit rise comes on the back of an almost tripled average regasification flow rate on Höegh LNG’s FSRU fleet compared with the same quarter last year, owing to increased imports driven by ample supplies of LNG


APL Provides Reefer Solutions for Japanese Exports

Nitrogen gas is introduced at the start to control oxygen and carbon dioxide levels within the SMARTcare+ reefer containers with precision (Photo: APL)

As Japan ramps-up its export drive, APL said it has stepped in to support Japanese growers and exporters in the exploration of overseas markets for their fresh produce through its range of SMART reefer solutions and diversified global network.


Papua New Guinea Bullish on LNG Potential

Map:  InterOil Corporation

 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.  


Wartsila's Value of Expediency

The value of expediency Photo Wartsila

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


Hose-in-Hose Transfers Open a New Door to LNG

(Image: Trelleborg)

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


HUMMEL LNG Hybrid Barge Begins Second Season

LNG Hybrid Barge HUMMEL in the port of Hamburg (Photo: Becker Marine Systems)

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


Container Weight Regulations

Image:  World Shipping Council

 Starting July 1, 2016, the International Maritime Organization’s (IMO) Maritime Safety Committee approved amendments to The International Convention for the Safety of Life at Seas’ (SOLAS), will require that shippers verify gross container weight prior to shipping.  


DSME, Sovcomflot Delay Delivery of First Arctic LNG carrier

Yamal LNG project. Photo: PAO Sovcomflot

 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


Statoil Says Sees European Gas Prices Bottoming Out

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.  


Poland Getting Ready for More LNG Imports

Image: Statoil

 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


Cheniere to Roll Out Second LNG Unit

Photo: Cheniere Energy, Inc

 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


Fos Tanker Queue Grows as Strike Impacts Refinery Ops

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






 
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