Russian LNG-Gorskaya LLC has signed a contract with the shipbuilder United Shipbuilding Corporation (USC) for the construction of Russia’s first three LNG bunkering tankers. LNG-Gorskaya said in a statement that the vessels will be used for its LNG plant project at Gorskaya station near St. Petersburg that will have a production capacity of 1.12 mtpa of liquefied natural gas. The order forms part of a plan to order up to 9 bunkering units intended for delivering fuel from an LNG plant being built at Gorskaya station near Saint-Petersburg. The plant is expected to have an annual capacity of 1.26 million tons of LNG. Under the agreement, USC will build three 7,300 cbm LNG bunkering vessels with the construction expected to take 22 months, the company said. The agreement also includes an option for six additional vessels. All vessels will feature GTT’s LNG containment systems. The contract is valued at 5.67 billion rubles. LNG-Gorskaya LLC plans to use its LNG bunkering fleet to deliver LNG to European consumers and to bunker vessels in the water area of the Gulf of Finland. Earlier, BaltGazBunker LLC was going to implement the project on LNG production and bunkering at Gorskaya. Besides, Gazprom is set to build an LNG plant at Ust-Luga port.
The output from an expanded Australian North West Shelf is a major driver in the forecast 48 percent increase in LNG exports to $4.7 billion this year, according to a WA Business News report. The increase in LNG exports is drawing on higher output from the NWS's fourth LNG train, as well as the start up of the new Darwin LNG plant in 2006. Source: WA Business News
According to a Sept 15 report from Bloomberg, Daewoo Shipbuilding & Marine Engineering Co. said its Papua New Guinea energy venture may beat Royal Dutch Shell Plc to become the first operator of a floating liquefied natural gas production vessel. The venture could begin using a floating LNG unit in 2014 to process gas from an onshore field, Kim Jin Seok, chief executive officer of DSME E&R Ltd., the shipbuilder’s oil and gas arm, said in an interview in Seoul
Russian President Vladimir Putin has signed a law on the liberalization of exports of liquefied natural gas (LNG). According to the document, two new categories of license holders are entitled to the right to export LNG, in addition to Gazprom, reports Arctic-Info. The law now effected allows LNG to be exported by Rosneft and Yamal SPG (in addition to Gazprom) on the following grounds: The authorisation gives the right to export LNG to license holders of subsoil resources of federal
Technip has been awarded an engineering, procurement and technical assistance contract by Fengzhen Wanjie Gas Co. Ltd. for a liquefied natural gas (LNG) plant in Fengzhen City, Inner Mongolia Province, China. The plant will consist of 1.3 million Nm3/day(1) LNG train (0.35 Mtpa) and a 0.3 million Nm3/day Compressed Natural Gas (CNG) station. The contract covers: Basic engineering design (BED) of the process plant, BED and detailed engineering design of a LNG tank
Rolls-Royce is proud to announce that BG Group has selected the Trent 60 DLE industrial gas turbine as the driver for the main refrigeration compressors in the proposed Lake Charles LNG Export project in Louisiana, USA. BG Group and Rolls-Royce have also agreed the terms of a Long Term Service Agreement covering the support and maintenance of the equipment for up to 25 years that will help deliver high levels of availability for this important LNG plant
According to recent AFX News reports, China has started building two LNG networks along its southern coastline. China National Offshore Oil Company (CNOOC) currently has two LNG projects under construction in the provinces Guangdong and Fujian, with an annual planned capacity of 7 million tons and 2.6 million tons, respectively. The Guangdong project is expected to be completed next year with the Fujian network to become operational in 2007, according to the report
The Peru LNG project, the largest industrial project ever to be undertaken in the history of Peru, officially launched today by awarding to Chicago Bridge & Iron Company N.V. (CB&I) the engineering, procurement and construction (EPC) contract for a natural gas liquefaction plant valued in excess of $1.5b. The Notice To Proceed authorization represents a commitment by the international project consortium (consisting of Hunt Oil Company of the United States
The Hammerfest LNG plant at Melkøya in northern Norway will be shut down on Saturday 15 August for up to three months of upgrading and maintenance work. As operator, StatoilHydro is conducting upgrading and modification work at the Hammerfest gas liquefaction plant in order to maintain a high production level in the time ahead. Since start-up in the autumn of 2007, upgrading and replacement of equipment has been carried out to increase the plant's production level.
Fairstar Heavy Transport NV (FAIR) has been awarded two transportation contracts by Chevron Australia Pty Ltd and Kellogg Joint Venture - Gorgon. The contracts were signed by representatives of both companies on May 31, 2010. Under the terms of the agreements, Fairstar will provide two of its Semi Submersible Heavy Transport Vessels for the transportation of modules and related project materials from various construction sites throughout Asia
Minister of Petroleum, Bijan Zangeneh said that Iran and Belgium are in talks for possible floating production of liquefied natural gas (LNG) FLNG Unit off the Kharg Island in the Persian Gulf. The issue was brought up during Zangeneh’s talks with Belgian Secretary of
Asian liquefied natural gas (LNG) prices for December delivery rose this week, buoyed by a short-term tightness in supply, though an imminent wave of new projects is expected to put prices under pressure in the new year. The price of Asian spot cargoes for December delivery rose to $7
The State of Alaska has finalized a deal with TransCanada to buy out the pipeline company's share in the proposed Alaska liquefied natural gas export project for nearly $65 million. Alaska has completed the buyout of TransCanada’s interest in the Alaska LNG project
Oslo-listed Hoegh LNG, whose floating plants turn liquefied natural gas (LNG) into gas, reported on Monday third-quarter earnings below forecasts and offered a dividend of $0.10 as expected. Its earnings before interest, tax, depreciation and amortisation (EBITDA) swung to a profit of $26
Australia's Gladstone liquefied natural gas (LNG) production plant coming on stream in September is expected next week to offer up to six commissioning cargoes for sale between October and December, trade sources said. Gladstone LNG, led by Australia's Santos
The massive $27 billion Yamal LNG liquefied-natural-gas venture in the Arctic Circle, a centerpiece of President Vladimir Putin’s plan for Russia has been squeezed by U.S. restrictions on OAO Novatek, says a report in the WSJ.
South Korean shipyard Hyundai Heavy Industries (HHI) has ordered two seawater/propane based regasification modules from Wärtsilä. The systems are to be installed on floating storage and regasification unit (FSRU) vessels owned by Höegh LNG
Gas seen as key to help resolve power crisis; gas could be sourced from Nigeria, Angola, Mozambique. South Africa could build its first 20 billion rand ($1.4 billion) liquefied natural gas (LNG) import facility at the west coast port of Saldanha Bay to feed gas-to-power projects aimed at easing
Press release - Accidental release of cryogenic liquids such as liquefied natural gas (LNG) poses a significant risk to personnel and assets on oil and gas installations. In addressing these risks, Lloyd’s Register Energy has developed a guidance note that provides a consistent methodology
DNV GL has secured a contract to provide in-service verification and classification services to a range of facilities at the Ichthys LNG project in Australia. The contract marks INPEX’s commitment to continue working with DNV GL as it prepares to transition from the project
The Bahrain National Oil and Gas Authority (NOGA) will award a $400 million Liquefied Natural Gas (LNG) terminal contract next month, Energy Minister Abdulhussain Mirza told local media this week. The LNG terminal will be constructed near Khalifa Bin Salman Port
Iran is projected to officially join the LNG Exporters Club in the next two years, managing Director of National Iranian Oil Company Rokneddin Javadi was quoted as saying by Mehr News Agency. Establishing new LNG production units instead of constructing pipeline tops Iran's agenda
LNG exports from Sabine Pass to start in January. Cheniere Energy expects to start receiving natural gas to convert into super-chilled liquid fuel at its first U.S. LNG export terminal before the end of the year, with shipments to start in January, its chief executive said on Monday.
A new liquefied natural gas (LNG) storage and regasification barge concept introduced by Wärtsilä's Marine Solutions and Energy Solutions businesses aims to provide a flexible means of meeting small- to medium-scale requirements where pure land-based LNG options are limited.
When Cheniere Energy opened a new liquefied natural gas import terminal in Louisiana in 2008, a U.S. shale drilling boom quickly made it obsolete. Seven years on, with the Houston-based firm about to open a landmark export plant on the same site, the timing, again, is far from ideal.