Lng Pipeline

Port Dolphin Files Deepwater Port Application with Coast Guard

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), which are purpose built ocean going LNG vessels designed to regasify the LNG onboard and deliver natural gas to a subsea pipeline; and a 42 mile offshore pipeline to bring the natural gas from the offshore terminal to Port Manatee in Tampa Bay. The energy market in Florida is forecast to grow rapidly in the coming years, and natural gas is a valuable source in the energy mix for the state. The proposed Port Dolphin project would introduce capacity with a new access point for natural gas without extensive pipeline expansions, bringing much needed incremental supply of natural gas to residential, commercial and industrial customers in Florida. Port Dolphin is based on proven and standard technology, and would not be dependent on Gulf of Mexico production. The proposed project would have a peak delivery capacity of 1.2 billion cubic feet per day. No major onshore facilities would be needed to bring the natural gas to the Florida market

Russian Arctic LNG May Ship to Europe

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

LNG Terminal Proposal Debated

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

Exxon Says Rising Costs Risk Derailing LNG Boom

A sharp surge in costs to develop liquefied natural gas projects risks halting a growth boom in the industry that has been driven by soaring demand, an Exxon Mobil Corp. an executive said. Exxon expects global demand for LNG to double by 2010 and quadruple by 2020 said the president of Exxon's LNG Market Development unit. But a surge in project costs could put the brakes on the bonanza for gas producers, he said.

Hyundai Heavy Wins Orders Worth $1.1 Billion

Hyundai Heavy Industries, the world’s biggest shipbuilder, today announced the Company had won orders for 4 liquefied natural gas carriers and 1 LNG floating storage regasification unit worth USD 1.1 billion.   Hyundai Heavy won orders to build two 162,000 cbm LNG carriers for Golar LNG of Norway on February 10 and two same-class ships for an unnamed European shipowner on February 8. The contract with Golar LNG includes an option exercisable by the Norwegian company for two

Possible Delay in Chevron’s Delta LNG Production

According to a report in the Caracas Daily Journal, Chevron has found enough natural gas in Venezuela’s Orinoco Delta platform to warrant the country’s first LNG train. But Venezuela’s lacking gas infrastructure and indecisive construction plans have led some in the industry to wonder if Chevron will be forced to delay production. The Delta platform license issued by the energy ministry to Chevron last year stated that the company could submit a proposal to build pipe-lines from its fields

LNG to be Delivered

According to officials from ExxonMobil Corporation, the LNG from Qatar will be delivered to the Gulf Coast to a terminal that is currently under construction on the border between Texas and Louisiana which connects it to major pipelines networks from which the gas can reach anywhere in the US. It is said that some of the LNG will be primarily consumed locally because of the large gas demand in the State of Texas and can also be delivered for consumption all the way up to the East Coast

US FERC OKs LNG Projects in Mississippi

The Federal Energy Regulatory Commission on Thursday gave final approval to two liquefied natural gas import terminals along the Mississippi coast. The LNG Clean Energy Project, located in the Port of Pascagoula, will be able to send out up to 1.5 billion cubic feet of gas a day. The $450m terminal, which will be owned by the Houston-based private investor group Gulf LNG Energy LLC, will be able to handle 150 LNG tankers a year.

Trelleborg to Supply Equipment to Yeudong LNG Terminal

Trelleborg Marine Systems has been awarded the contract to supply docking and mooring equipment and LNG cargo transfer technology for the new Yuedong LNG Terminal in China.   After working closely with project owner, CNOOC Yuedong LNG, Trelleborg was chosen to supply the project’s LNG terminal with a fully integrated large-scale LNG mooring and transfer system thanks to its ability to provide an industry leading range of products, systems integration and end-to-end support.

Statoil to Expand US LNG Capacity

A non-binding letter of intent has been signed by Statoil with US-based Dominion energy company. This gives Statoil the exclusive right to negotiate a deal which will secure access for the group to extra capacity at the Cove Point liquefied natural gas (LNG) terminal in Maryland. If the agreement is concluded, Statoil will take the entire capacity increase for a 20-year period. The group will thus more than quadruple the amount of capacity available to it at the terminal.