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Lng Exports

Japan Needs U.S. LNG, But Quickly ...

Japanese trade minister Toshimitsu Motegi calls for early U.S. approval for exports to his country of liquefied natural gas (LNG). The Japanese minister made his request at a meeting with Acting Energy Secretary Daniel Poneman, stating that securing a relatively cheap energy source is crucial for Japan, reports the 'Wall Street Journal' citing Kyodo news. Mr. Poneman told Mr. Motegi at a recent press conference that he fully recognized that U.S. LNG exports are an urgent issue for Tokyo and that the Energy Department will examine each project in line with U.S. law in a responsible manner. In a think tank forum in Washington earlier in the day, the minister of economy, trade and industry also emphasized the merits of allowing U.S. LNG exports to Japan and other economies. Source: Wall Street Journal, Market Watch  


Iran to Export LNG by 2011

Iran has signed a memorandum of understanding (MOU) to export natural gas to Italy, to be implemented by 2011, says an IranMania report. Iran will also export gas to China by the end of the current year. China’s oil giant Sinopec Group signed a $70 billion oil field development and LNG agreement with Iran earlier this fall, according to the report. Iran will attain an annual LNG export of 36 million tons, worth $6 billion, by 2015. Source: IranMania


Kitimat LNG Partners to Purchase Pacific Trail Pipelines Interest

Kitimat LNG partners Apache Canada Ltd. (Apache Canada) and EOG Resources Canada Inc. (EOG Canada) announced that they have agreed to purchase the 50 percent interest in the Pacific Trail Pipelines Limited Partnership (PTPLP) they do not own from Pacific Northern Gas Ltd. (PNG) for $50m. Apache Canada and EOG Canada will pay PNG $30m on closing – expected by the end of February – and a second payment of $20m when the purchasers decide to proceed with construction of the Kitimat


GofM Energy Hub: LNG Exports to India Planned

Principals Sign the Agreement: Photo credit United LNG

United LNG, LP and Petronet LNG Limited, India's largest LNG importer, agree to supply LNG from the Main Pass Energy Hub™ project in the Gulf of Mexico. The (conditional) agreement was signed by Petronet LNG Managing Director & CEO, Dr. A.K. Balyan and Stephen Payne, Chairman & General Partner of United LNG, of the United States, at the LNG 17 Conference held in Houston, Texas. The parties said they would continue working toward a final Sales Purchase Agreement to conclude the


Braemar Secures World’s Largest FLNG Project

Sheila McLain, Vice President of Business Development for Braemar in Houston

Braemar Engineering, the marine and LNG technical consultancy arm of the Braemar Shipping Services PLC group, announced it has been appointed as Owner’s Engineers for United LNG, LP in the world’s largest floating LNG production project. The project, situated offshore near Venice, Louisiana in the Gulf of Mexico, will be the world’s largest floating LNG export project, with three floating liquefaction units projected to export up to 24 million metric tons per annum (MTPA)


US House Passes Bill to Pressure Regulators on LNG Exports

The U.S. House of Representatives passed a bill on Wednesday to speed permits for exports of natural gas, a measure that even if passed by the Senate and signed into law by President Barack Obama, is not expected to help bring much new fuel to global markets.   Lawmakers voted 277 to 133 to approve the bill, sponsored by Republican Bill Johnson of Ohio, that would force the U.S. Department of Energy (DOE) to decide within 30 days on applications to export liquefied natural gas, or LNG.


Russian, American Gas Giants Discuss Shtokman, LNG exports to U.S.

The chief executives of Russian natural gas monopoly Gazprom and U.S. energy giant ConocoPhillips met recently to discuss prospects for the development of the Shtokman gas field and the supply of Russian liquefied natural gas (LNG) to markets in North America, according to an RIA Novosti report. The meeting was held as part of consultations with companies interested in being involved in the first leg of the Shtokman project


FMC Commissioner Gives Keynote on Panama Canal

Commissioner Doyle: Photo in public domain

Commissioner William P. Doyle of the Federal Maritime Commission, has given the keynote address at the Eno Center for Transportation Forum on the Panama Canal entitled: Lessons Learned and Implications for World Commerce.  His comments on the future of the canal's LNG trade are also extracted below. Commissioner Doyle noted that the Obama Administration, members of Congress and state and local officials support the tremendous economic, business, job-supporting


BG Group wins EXXON LNG Cargo

ExxonMobil's Papua New Guinea liquefied natural gas (LNG) export project has awarded a November cargo to BG Group as part of a two-cargo tender that closed this week, two traders said. The tender award has not been officially announced yet, and it remains unclear which company won the second cargo, if any. Demand for LNG has weakened considerably in recent weeks as a short-lived rebound in the price of spot supply lost momentum


Gulf LNG Liquefaction Project on the Anvil

The Gulf LNG Liquefaction Project Map by Kinder Morgan

 The Gulf LNG Liquefaction Project proposed by Kinder Morgan and minority partners officially filed Friday for federal approval to add exporting capabilities to an existing liquefied natural gas (LNG) terminal.    The $8 billion LNG export project near Pascagoula, Mississippi is for adding export capabilities to a pre-existing LNG terminal there.   Subject to obtaining sufficient long-term customer commitments


Oil’s Downward Spiral Stalls LNG’s Ascent

Prelude_hull_with_tugs WEB.jpg

As industry embraces gas, emissions regulations loom large and bunker logistics options develop, LNG’s fortunes nevertheless get a boost.   For every gleeful consumer at the pump, and stockpiling tanker anchored offshore, there’s a corresponding trail of businesses that are


Anadarko in Talks with Jera for Mozambique LNG Deal

Anadarko Petroleum  is in talks with newly formed Japanese joint-venture vehicle Jera, set to become the world's biggest buyer of liquefied natural gas (LNG), to sell long-term supply from its Mozambique export scheme.   The U.S. oil major's gas finds in Area 1 of Mozambique's Rovuma


Cheniere’s Maiden LNG Spot Deal At $7.20/MMBtu

Image: Sabine Pass LNG terminal

 Cheniere concluded its maiden LNG spot trade earlier this week at for late-July delivery to an Asian buyer, reports Platts quoting a source with direct knowledge of the deal.   Sources told Platts that the maiden trade was completed at $7


ICS: U.S. Approach to LNG 'Protectionist'

The International Chamber of Shipping Represents the Worlds shipowners at IMO Photo ICS

According to the Internatinal Chamber of Shipping, the United States Congress signaled last week its intention to approve major free trade deals with Asia and Europe. ICS voices serious concern about the potentially protectionist approach being taken by the U.S


US Gives Final Approval to LNG Exports from Corpus Christi

The U.S. Energy Department said on Tuesday it has given final approval for Cheniere  to export liquefied natural gas from its plant in Corpus Christi, Texas.   The approval allows the plant to export the equivalent of 2.1 billion cubic feet per day of natural gas for 20 years to


Delfin LNG Proposes Gulf Coast’s First Offshore LNG Facility

Photo: Delfin LNG LLC

 A potential deep-water port LNG export project for the Gulf of Mexico has submitted applications to the Maritime Administration and the United States Coast Guard for approval.   Delfin LNG LLC has submitted an application to the Maritime Administration (MARAD) and the United States


Freeport LNG Was Not Advised Against Inviting Chinese Investors

Michael Smith, chief executive Photo Freeport LNG

  The head of Freeport LNG on Friday said that the U.S. Department of Energy did not advise against inviting Chinese investment in the company's Texas export plant, backing down from contradictory claims made on Thursday. Michael Smith, the chief executive of privately-owned Freeport LNG


Final LNG-proof Tug Delivered to Smit Lamnalco

SL Curtis Island (Photo: Smit Lamnalco)

Smit Lamnalco takes delivery of last Sanmar LNG proof tug of five-vessel series   Towage and marine services provider Smit Lamnalco has taken delivery of the SL Wiggins Island, the fifth and final tug purpose-built at Sanmar Shipyard in Turkey


US to Export LNG to China

Photo: Cheniere Energy, Inc

 Buyers from China are looking at long term liquefied natural gas (LNG) supplies from US firm Cheniere Energy, news agency Reuters quoted a company official as saying.   This would be the first LNG deal between the world's two biggest energy users


British Columbia Signs LNG Deal with Petronas

Agreement between the government of BC and Pacific NorthWest LNG establish signed. Photo: BC Gov News

 B.C. Premier Christy Clark has announced an agreement in principle with Pacific NorthWest LNG, owned in majority by Malaysia's Petronas, for a liquefied natural gas development on the province's northwest coast.    Hailed as “the largest capital investment in B.C


Alaska LNG Approved for Non-free Trade Agreement Exports

The Alaska LNG project marks another milestone with today’s announcement by the United States Department of Energy that it has conditionally authorized the Alaska LNG Project LLC to export liquefied natural gas to non-Free Trade Agreement countries.  


Alaska LNG Gets Conditional Approval to Export

GASLINE Logo PMS

  The Alaska LNG project marks another significant milestone with today’s announcement by the United States Department of Energy that it has conditionally authorized the Alaska LNG Project LLC to export liquefied natural gas to non-Free Trade Agreement countries.


Egypt Receives LNG Shipment from Australia

Woodside Rogers. Photo by Maran Gas Maritime Inc.

 Egypt received a cargo of liquefied natural gas from Australia after the exporter sent two shipments to the region in the past two years, signaling increasing demand, reports The Daily Star.   The Woodside Rogers tanker arrived at Egypt's Ain Sokhna terminal Thursday after loading at


Teekay, BP Enter Deal for Newbuild LNG Tankers

Teekay LNG signs charter contracts with BP for up to two LNG carrier newbuilds   Teekay LNG Partners L.P. announced that it has entered into a 13-year time-charter contract with BP Shipping Limited (BP) for one liquefied natural gas (LNG) carrier newbuilding


Innovative Winch System Patented

Photo courtesy of JonRie Marine Winches

The U.S. Patent Office has  issued Patent s/n 9,056,655 to inventors Brandon Durar (JonRie Marine Winches) and Gregory Castleman (Castleman Maritime) for A Staple Torque Aligning Winch System for Escort Tugs. Naval architect Greg Castleman approached Durar in the winter of 2007 with the






 
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