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Lng Imports

India to Build Own LNG Fleet

Despite some delays, the Indian shipping industry appears to be finally gearing up to develop an LNG (liquefied natural gas) fleet. With India emerging as a major importer of the gas, even the Ministry of Shipping has asked Indian ship-owners in no uncertain terms to take the initiative to develop an LNG fleet, according to a report on - www.thehindubusinessline.com It is estimated that by 2012 India's LNG imports will almost equal Japan's current LNG imports of 60 million tons per annum. And to transport this quantity, the country will need about 25 LNG vessels by 2012 and 34 by 2025. Indian ship-owners are realizing the need to build up an LNG fleet. "Japan transported about 43 perent of its total LNG import of 59.1 million tonnes in 2003 on Japanese owned and controlled ships. Similarly, Korea transported about 61 per cent of its LNG imports of 19.3 million tonnes during that period on Korean controlled ships. In the combined import of Japan and Korea, third party owned ships participation was only 8.3 per cent," points out the Indian National Shipowners Association (INSA) President, Mr Yudhishthir Khatau, according to the published report. Understandably, this kind of LNG fleet development will mean significant value addition to the economy. According to a recent study by TERI, on an average, the value added by the shipping industry to the economy per unit of Gross Registered Tonnage (GRT) acquired is Rs 2,211.


Shell, GDF Take Stakes in Floating LNG Terminal

Image: APGDC

Europe's largest oil company Royal Dutch Shell and French firm GDF Suez are likely to take 26 percent stake each in GAIL India Ltd’s proposed ‘floating LNG import terminal’ at Kakinada in Andhra Pradesh.   Andhra Pradesh Gas Distribution Corp (APGDC) – a joint venture of GAIL Gas and Andhra Pradesh Gas Infrastructure Corp (APGIC) will have the remaining 48% share.   Shell, GDF and GAIL on Thursday also signed an agreement to procure LNG for the project


Oregon: LNG Project

The U.S. Coast Guard is seeking comments on a proposal it received for construction and operation of a liquefied natural gas (LNG) import facility on the Columbia River in the vicinity of Bradwood, Oregon. The agency will prepare a Letter of Recommendation concerning the suitability of the river for LNG marine traffic. A public meeting on this proposal will be held in Astoria on September 29. Written comments must be submitted by October 6. 70 Fed. Reg. 53677 (HK Law)


Hearing – Securing LNG Tankers to Protect the Homeland

The House Homeland Security Committee conducted a hearing entitled Securing LNG Tankers to Protect the Homeland. Chairman Bennie Thompson (D-MS) stated that he was concerned about the significant increase in LNG imports and the increased safety and security risks related thereto. Mr. Jim Wells, Government Accountability Office (GAO), testified that the public safety consequences of a liquefied natural gas spill need clarification. Rear Admiral Brian M


Golar LNG Limited Enters Joint Venture Agreement

Golar LNG Limited signed a share purchase agreement with OLT Energy Toscana SpA in November 2006 for the acquisition of 20% of shares in OLT Offshore LNG Toscana SpA (OLT-O). The purpose of the joint venture company OLT-O is the construction of the Livorno offshore LNG import and regasification terminal, which will be located approximately 20 kilometers off the coast. Source: CCN


China’s LNG Terminals Underutilized

Pic: China National Offshore Oil Corp

 According to an Interfax analysis of customs data, China used just over half its LNG regasification capacity in 2014, as tariff hikes and cheaper competing fuels hit gas demand growth.   Slow downstream demand, driven by rising natural gas prices and sluggish GDP growth, coupled with rising pipeline imports and plunging prices of alternative fuels, have halved China's LNG consumption growth, said industry sources.   


CB&I Wins Contract for China LNG Terminal

CB&I won a turnkey contract valued at approximately $140 million for the design and construction of the terminal system works at a new liquefied natural gas (LNG) import terminal in Fujian Province, Peoples Republic of China. CB&I's work scope for the contract includes the turnkey engineering, procurement, construction and commissioning of the terminal system works, which encompasses civil, mechanical, piping, structural, buildings, and electrical and instrumentation work


Supreme Court to Determine NJ/Delaware Boundary

The US Supreme Court has agreed to hear the dispute between the states of New Jersey and Delaware regarding the boundary in the Delaware River. The dispute, which has been simmering for many years and is based on old colonial land grants, came to a head when Delaware asserted the right to block construction of a liquefied natural gas (LNG) import facility on the New Jersey side of the river. (HK Law)


FERC Tech Conference with LNG Company

The Federal Energy Regulatory Commission (FERC) issued a notice stating that on February 4 it will convene an engineering design and technical conference in Astoria, Oregon with the LNG Development Company LLC regarding the proposed Oregon liquefied natural gas (LNG) import terminal.  In view of the nature of the critical energy infrastructure information and security issues to be explored, the cryogenic conference will not be open to the public.  74 Fed. Reg


Qatargas Sells First LNG Cargo to Pakistan

Port Qasim-LNG Delivery to Pakistan

  Qatargas sold its first cargo of liquefied natural gas (LNG) to Pakistan State Oil Company Limited (PSO).  The LNG cargo was sold on a free-on-board basis and loaded at Ras Laffan Port on to the LNG vessel Excelerate Exquiste on 21 March 2015.   The cargo was secured to commission the Excelerate Exquiste, which will become the Floating Storage and Regasification Unit, when it is moored in Port Qassim


LNG Tanker Due in UK Around May 6

Britain's Isle of Grain liquefied natural gas (LNG) import terminal is set to receive the GDF Suez Point Fortin tanker on around May 6, live ship-tracking data on Reuters Eikon shows. The 154,200 cubic metre capacity vessel is currently off the Portuguese coast and is listed as inbound for the


SSGC Shortlists Akbar Associates for Second LNG Terminal

Image: Sui Southern Gas Company

 Akbar Associates has won the bid for constructing the second liquefied natural gas (LNG) terminal in Pakistan by offering the lowest tariff of 49.87 cent per million British Thermal Unit (mmbtu) for the LNG terminal.   The board of Sui Southern Gas Company (SSGC) made the decision in


DNV GL Wins KOGAS TQ Contract

Rolf Benjamin Johansen

  DNV GL Korea, the technical advisor to the oil and gas industry, has been awarded a technology qualification (TQ) contract with Korea Gas Corporation (KOGAS) for a FEED Package for a 5MTPA onshore LNG liquefaction plant based on the innovative KSMR liquefaction process.


GAIL, IOC Join Dhamra LNG project

Photo: Gas Authority of India Limited

Gas Authority of India Limited (Gail) and Indian Oil Corporation (IOC) signed a memorandum of understanding (MoU) to join Adani Group promoted Rs 5,000-crore ($805 mln)  Dhamra LNG Port (DPCL) project on the Odisha coast. The MoU comes within weeks of GAIL dropping plans to set up a


GAIL Seeks 7 LNG Cargoes

Image: GAIL (India)

 GAIL (India) will buy seven liquefied natural gas (LNG) cargoes for delivery from October 2015 until December 2016, according to the tender document obtained by Reuters.    According to preferences and vessel sizes, the deliveries will be split between Dabhol


Feds Delay LNG’s Port Ambrose Application

Port Ambrose Map:  Liberty Natural Gas, LLC

 The US Coast Guard and the US Maritime Administration (MARAD) have temporarily suspended their review of the proposed Port Ambrose deep-water LNG import terminal.   Liberty Natural Gas’s application to build the Port Ambrose deep-water port to receive LNG in the New York/New


JV Wins $2bln Freeport LNG Contract in US

Photo: Freeport LNG Development, L.P. (Freeport LNG)

 A joint venture (JV) between CB&I, Chiyoda International and Zachry Industrial has won a contract worth over $2bn from FLNG Liquefaction 3 for a liquefied natural gas (LNG) train at Freeport LNG in Texas, US.   Upon completion


Dubai to Expand LNG Terminal

LNG Receiving Terminal in Jebel Ali Port. Pic by Archirodon

 The UAE is planning to expand the capacity of a liquefied natural gas (LNG) terminal in Dubai to help meet rising demand for electricity and water, the energy minister Suhail Al Mazrouei said.   Additional capacity is being added to a 3 million tonne LNG storage facility in Jebel Ali


FSRU Finally Arrives in Egypt

A long-delayed liquefied natural gas (LNG) import terminal has arrived in Egypt with a cargo of 160,000 cubic metres of LNG, an official at state gas board EGAS told Reuters on Thursday. The floating storage and regasification unit (FSRU) provided by Norway's Hoegh LNG will allow Egypt to


LNG Import Terminal Opens in Pakistan

Engro Corporation, Excelerate Energy commission Port Qasim LNG Terminal    On March 28, 2015, officials from Engro Corporation, Excelerate Energy and the Government of Pakistan were present for the inauguration of Pakistan's first LNG import terminal in Port Qasim


Indian Oil Corporation to set LNG Terminal

Image: Indian Oil Corporation

 Indian Oil Corporation (IOC), the country’s largest refiner and fuel retailer, is all set to invest around Rs 45,000 crore ($7.5 billion) over three years to build petrochemicals plants and LNG terminal.   IOC is the largest enterprise in the country and the foremost ranked


H-Energy to Build Floating LNG Terminal in West Bengal and Canada

Niranjan Hiranandani, Chairman, (Pic by Construction Skill Development Council of India)

 Business Standard reported that real estate developer Hiranandani Group plans to set up a INR 2,400 crore floating LNG import terminal off Haldia, West Bengal and supply imported gas to users as far as Paradip in Odisha.   H-Energy Pvt Ltd, the Energy arm of the Hiranandani Group


Skangass Celebrates Topping Up

LNG terminal in Pori: NOK Skangass

 Nordic liquefied natural gas operator Skangass  has celebrated a topping out ceremony at its Pori LNG terminal. The company said it was making progress in the construction of the storage tank for Finland's first LNG import terminal at the southern port of Pori.  


GAIL to Stop LNG Imports at Dabhol

Dabhol LNG terminal: GAIL

 GAIL India is all set to stop LNG imports at the Dabhol terminal in Ratnagiri district of Maharashtra from this month as the onset of monsoon will make operations difficult without a breakwater, says a PTI report.   The terminal cannot be operated during monsoon in absence of a


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






 
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