Mexican state power utility CFE has declared 'force majeure' on imports into the Manzanillo liquefied natural gas (LNG) terminal after Hurricane Manuel damaged a pipeline, reports Reuters, citing a source with knowledge of the incident. The line in question, the Guadalajara Pipeline, is owned by pipeline company TransCanada Corp and transports natural gas in a gaseous state to the terminal at Manzanillo. The damaged section of the TransCanada pipeline is located near the town of El Bordo, about 125 km (80 miles) inland from the port of Manzanillo, in Colima state. The Manzanillo LNG terminal, with a capacity of 3.8 million tons a year, started operations last year, and is a owned jointly by Samsung C&T, Mitsui Trading, and Korea Gas Corp, the world's biggest LNG buyer. Source: Reuters
The partners in Russia 's Yamal LNG project are in talks to ship cargoes to Britain & northwest Europe in winter, when heavy sea ice clogs routes to Asia. Under the plan, a fleet of around 14 LNG ice-breaking vessels will deliver Arctic gas from the project offshore northwest Siberia to northwest European terminals, either for eventual onward transport to Asia or for local consumption, reports Reuters. Existing Russian pipelines supply around a quarter of Europe's gas needs
Port Dolphin Energy LLC, a wholly owned US subsidiary of the Norwegian based company Höegh LNG AS, has submitted an application to the U.S. Coast Guard for approval to build and operate a deep water port for the import of natural gas to Florida's west coast. The proposed project will consist of: two submerged turret unloading and mooring buoys (STL type) to receive an average of up to 800 million cubic feet per day of natural gas from LNG Shuttle and Regasification Vessels (SRVs)
Bulgarian state energy holding company BEH and Greek natural gas company Gastrade have set up a joint task force to prepare a proposal to build an off-shore liquefied natural gas (LNG) terminal in northern Greece, Gastrade said on Tuesday. Greece currently has one LNG terminal on an islet off Athens and Gastrade, part of Greek energy group Copelouzos, is planning a second LNG terminal near the northern city of Alexandroupolis.
Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) signed an initial agreement with India's energy company Petronet LNG Limited to set up an LNG re-gasification terminal on Kutubdia Island and a pipeline at an estimated cost of $950 million. Prabhat Singh, managing director and chief executive officer, Petonet and Syed Ashfaquzzaman, secretary, Petrobangla, sign an agreement at Petrobangla Bhaban in Dakka.
China's state-owned energy company CNOOC diverted two cargoes of imported liquefied natural gas (LNG) after a pipeline fire in northern China's Tianjin, though imports were normal as of Monday, traders with knowledge of the matter said on Tuesday. Reuters reported on Dec. 28 that a natural gas pipeline in Tianjin was closed after it ruptured and caught fire. Two sources with knowledge of CNOOC's gas operations in Tianjin said CNOOC diverted the LNG cargoes after the accident on the
Since hurricanes Katrina and Rita slammed the Gulf Coast nearly five months ago, the region has lost more than 610 billion cubic feet of natural gas production. There is no single solution to offsetting supply disruptions, but economists, industry executives and analysts advocate placing above-ground storage tanks along the nation's coasts where energy companies can store imported liquefied natural gas, also known as LNG
FERC issues draft Environmental Impact Statement on the Phase II Modification and Liquefaction Projects (CP12-29-000 and CP12-509-000) The staff of the Federal Energy Regulatory Commission (FERC) has prepared a draft environmental impact statement (EIS) for the Phase II Modification Project and the Liquefaction Project. The Projects are proposed by Freeport LNG and are located in Brazoria County near the city of Freeport, Texas
Stolt-Nielsen Limited announced today that its subsidiary, Stolt-Nielsen Gas B.V., has purchased 10 percent of the shares in HIGAS S.r.L., with an option to acquire up to 80 percent of the company. HIGAS is a joint venture between Gas and Heat S.p.A. and CPL Concordia Soc. Coop, with plans to build and operate an LNG terminal and distribution facility in the port of Oristano, Sardinia. The LNG is to be shipped to the terminal by LNG tankers and distributed to customers via pipeline
Japanese shipping company Mitsui O.S.K. Lines, has, through its wholly-owned subsidiary Lakler S.A., agreed to conclude a charter contract with Gas Sayago, for a floating storage and regasification unit (FSRU) project in Montevideo, Uruguay. Gas Sayago is a joint venture (JV) owned by UTE – the Uruguayan state power company – and ANCAP – the state oil company. The contract will take effect upon governmental approval which is expected to be
ENGIE, Fluxys, Mitsubishi Corporation, and NYK have taken delivery of the world’s first purpose built liquefied natural gas bunkering vessel (LBV) from Hanjin Heavy Industries & Construction Co. Ltd., at the Yeongdo shipyard in Busan, Korea.
LNG Demand Set to Outpace Gas Demand Growth from 2015 to 2030 Shell launches LNG Outlook Global demand for liquefied natural gas (LNG) reached 265 million tonnes (MT) in 2016 – enough to supply power to around 500 million homes a year
First Australian commercial LNG bunkering completed in WA’s north-west on 23 January 2017 by EVOL LNG for Woodside Under an agreement with Woodside, EVOL LNG refueled the platform supply vessel, Siem Thiima, on January 23 at King Bay Supply Base near Dampier
Russia's largest private gas producer Novatek has no need to increase borrowing as it has sufficient funds for investments into its Yamal LNG project, the company's management said on Wednesday. At a conference call with analysts, Novatek's chief executive Leonid Mikhelson said his company has
2017 will be a tough year for LNG shipowners as rates are expected to remain under pressure, according to the latest edition of the LNG Forecaster report published by global shipping consultancy Drewry. This year has started on a positive note for LNG shipowners as spot rates have firmed
Officials in Karlshamn in southern Sweden will allow Russia's Gazprom to use the city's port for the construction of its Nord Stream 2 gas pipeline after the government dropped its objections, the municipality said on Tuesday. The government had earlier expressed concerns about Gazprom's
Rising demand from industrial sector, growing use for power generation and declining average landed prices to drive demand for LNG in Turkey through 2025, says TechSci Research report on Turkey LNG Market. LNG Imports in the country is projected to surpass 9 MMT by 2025
India, the world’s fourth-largest buyer of liquefied natural gas (LNG), has announced plans to halve its basic customs duty on imports of the chilled fuel. Indian Finance Minister Arun Jaitley presenting the Budget for 2017-18 in Parliament halved the import duty on LNG to 2
LNG market in Egypt is projected to surpass 4.5 MMT by 2025, due to rising demand from power and industrial sectors in the country, says TechSci Research report. Production of dry natural gas in Egypt declined at a CAGR of 7.17% during 2011-2015
The market for LNG in Singapore is projected to grow at a CAGR 10.39% during 2016-2025, due to the push from Singapore government towards adoption of cleaner energy sources, capacity addition of natural gas / LNG based power plants and emergence of Singapore as a regional trading hub for LNG
Nakilat has assumed full ship management and operations of Q-Max LNG carrier Al Dafna from STASCo (Shell Trading and Shipping Company Ltd.) with effect from 2 February 2017, as part of the planned and phased transition announced on 19th October 2016.
Bernhard Schulte Shipmanagement (BSM), a leading global maritime services company, and Babcock International Group, the UK’s leading engineering support services company, are collaborating to develop a ground-breaking Gas Supply Vessel (GSV)
Loading of cargoes from Australia's North West Shelf (NWS) liquefied natural gas (LNG) and condensate project has been halted due to adverse weather, traders with direct knowledge of the matter said on Wednesday. It remains unclear when cargo loadings at the port of Dampier will resume
Shell and Pavilion Gas will start supplying Singapore with liquefied natural gas (LNG) later in 2017 under contracts awarded last year, the city-state's trade minister said on Tuesday. "We will also allow interested parties to import spot LNG in the second half of 2017
ENGIE, Fluxys, Mitsubishi Corporation, and NYK have taken delivery of the world’s first purpose built liquefied natural gas bunkering vessel (LBV) from Hanjin Heavy Industries & Construction Co. Ltd., at the Yeongdo shipyard in Busan, Korea