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LNG Project Costs Rise 21%

Woodside Petroleum Ltd said costs for the planned phase five expansion of its North-West Gas liquefied natural gas project are estimated to have risen by 21 pct to 2.42 bln aud because of higher labor charges. The company, 34 % owned by the Royal Dutch Shell group, said the spike in costs is largely due to a sharp rise, internationally, in labor charges in the construction industry. Woodside operates the project and is a one sixth owner alongside Royal Dutch Shell. Already more than 14 bln aud has been spent on the LNG project's development over a 20-year period, making it a major LNG project by world standards. The fifth phase expansion includes the construction of an LNG processing facility with annual capacity of 4.2 mln metric tons of liquefied gas for export, largely to Asian markets.


LNG on OTC Discussion Plan

LNG is the topic of discussion during an OTC General Session and two technical sessions planned during the Offshore Technology Conference (OTC), 3-6 May, at Reliant Center at Reliant Park in Houston. "LNG is an important issue for OTC this year," said Skipper Strong, OTC .04 Program Committee Chairman and Account Manager-ChevronTexaco at Technip Offshore. "During some major OTC sessions, participants discuss how LNG import terminals are moving offshore because of federal land issues


ABS Provides Approval In Principle To Ocean LNG Tank And Carrier Design

Class society ABS has issued Approval In Principle (AIP) to a new liquefied natural gas (LNG) tank containment system and carrier design developed by Houston-based Ocean LNG Inc. The tank design consists of a cylindrical tank with spherical dished ends. The 180,000m3 carrier design features five of these large 36m diameter and 40m high cylinder tanks each holding a volume of 36,000m3 of LNG. Ocean LNG asserts that the design maximizes the void spaces in the ship’s hull yet still


Emerson Wins Contract with Golar LNG

GolarFreeze_web.jpg

Emerson Process Management has won a contract from Golar LNG to supply PlantWeb digital automation architecture for basic process control and safety systems on the Golar Freeze, a floating storage and regasification unit (FSRU) vessel.  Currently an LNG carrier, the Golar Freeze will be converted into a floating terminal, and docked at a purpose-built jetty in the Jebel Ali Port near Dubai, UAE. Golar will operate the vessel


LNG to Acquire Bear Head LNG Project in Canada for US$11 mi

LNG to Acquire Bear Head LNG Project in Eastern Canada -

Liquefied Natural Gas Limited today announced that it has significantly expanded its presence in the North American Liquefied NaturalGas (LNG) sector by signing an agreement to acquire 100% of Bear Head LNG Corporation (BHLC)from a subsidiary of Anadarko Petroleum Corporation (Anadarko) for US$11.0 million.  The Bear Head LNG Project is located in Richmond County, Nova Scotia, Canada, and the key assets include:


US Finalizes Overhaul of Natural Gas Export Reviews

The U.S. Energy Department has finalized a plan to revamp its process for approving liquefied natural gas exports, and as originally proposed the changes eliminate conditional approvals for LNG projects. Beginning Thursday, the department will only issue final rulings on whether exports are in the public interest after the Federal Energy Regulatory Commission, or another authorized agency, has completed an environmental review of the project.


LNG Projects Clear FERC Review

Federal Energy Regulatory Commission (FERC) staff recently said two proposed liquefied natural gas import terminals on the Mississippi coast would not significantly harm the environment, clearing a major hurdle for the projects to win final approval from the agency. The proposed LNG Clean Energy Project that would be located in the Port of Pascagoula would be able to send out up to 1.5 billion cubic feet of gas a day.


Oregon LNG Completes Navigation, Docking Simulation

Oregon LNG completed a navigation and docking simulation for three liquefied natural gas (LNG) tanker sizes at the Pacific Marine Institute in Seattle, Wash. The company says the simulation demonstrates that its proposed LNG site on the Skipanon Peninsula in Warrenton, Ore., can accommodate the 148,000 cubic meter (5.2 MMcf), 216,000 cubic meter (7.6 MMcf), or Q-Flex tanker, and the 266,000 cubic meter (9.4 MMcf) Q-Max tankers.


US LNG Exports: Pangea Project Gets Green Light

US Department of Energy grants Pangea LNG Project permission to export LNG from its South Texas LNG Project, Corpus Christi Bay. The U.S. Department of Energy has granted Pangea long-term, multi-contract authorization to export liquefied natural gas (LNG) to free trade agreement (FTA) nations. Pangea LNG will be authorized to export up to 8 million metric tons per annum (mtpa) of LNG produced from domestic gas fields for a 25-year term commencing on the date of its first export


US Shipyard to Produce GTT's LNG Membrane Tanks

Gaztransport & Technigaz (GTT), a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), via its U.S. subsidiary GTT North America, announced the signing of an agreement with Conrad Shipyard for the future production of LNG membrane tanks using GTT's technology. The signing of an agreement initiates the process of training and preparing Conrad Shipyard, a major U.S


Minimize the Risks, Think Cold Bonding

Plate bonding repair on equipment

Cold bonding: a safer alternative to hot work Hot work required for welding, grinding and cutting operations presents certain potential hazards when conducted in potentially explosive and flammable environments. According to the Health and Safety Executive guidance 2013


Iran Gas Exports to Europe Would Take at Least 5 Years

Iran would take at least five years to start exporting natural gas to the European Union if sanctions were removed, industry experts said on Wednesday. Last month, Reuters reported that the EU was increasing the urgency of a plan to import natural gas from Iran


Korean Register to Drive LNG Fuelled Shipping

Korean Register (KR) will work alongside the Asia-Pacific Economic Cooperation Secretariat (APEC) to promote the use of LNG fuelled ships in the APEC region. APEC has awarded a contract to KR to further the understanding of the current state and future potential for LNG fuelled vessels to serve


US Natgas Exports Would Raise Energy Prices but Boost Economy

Expanded U.S. liquefied natural gas exports would mean a modest price increase for domestic consumers, but the higher costs would be offset by a boost to the economy, the U.S. Energy Information Administration said on Wednesday. Residential natural gas prices would likely be 5 percent higher


LNG America, Buffalo Marine to Design LNG Bunker Fuel Network

Image: LNG America

LNG America announced it has entered an agreement with Buffalo Marine Service, Inc. (Buffalo Marine) to cooperate on the design of an LNG bunker fuel network for the U. S. Gulf Coast region. LNG America is developing a hub-and-spoke delivery system for LNG as fuel for the marine market and


New Standard for LNG Cargo Containment Systems

Ti Group provided the insulation systems for six Sayaendo-design 150,000 cubic meter capacity LNG carriers under construction at Mitsubishi Heavy Industries in Japan for NYK/MOL and K-Line.

Wilhelmsen Technical Solutions (WTS) said it has successfully completing the gas trial for the first LNG carrier built to a Boil Off Rate (BOR) of 0.08% per day.  WTS subsidiary company Ti Group completed the test on the LNG carrier Seishu Maru


Singapore’s MPA Discuss LNG Bunkering

LNG Bunkering

  The Maritime and Port Authority of Singapore (MPA), Antwerp Port Authority, Port of Rotterdam and Port of Zeebrugge participated in a Liquefied Natural Gas (LNG) bunkering focus group discussion on 14 and 17 October, held in conjunction with the Singapore International Bunkering Conference


Weak Oil Threatens US Export of LNG

Plunging global oil prices may turn hopes for cheap liquefied natural gas supplies from the United States into a costly disappointment for Asian buyers who have already invested billions of dollars in long-term contracts. The 26 percent price slide since June to $85 a barrel exposes cracks in


FortisBC Starts Expansion of Tilbury LNG Facility

Expansion of Tilbury LNG Facility

  FortisBC – a subsidiary of Fortis Inc. has officially started construction of its $400 million Tilbury LNG Facility expansion project today. The company is adding 1.1 million gigajoules of liquefied natural gas (LNG) to storage and 34,000 gigajoules per day of liquefaction capacity


VT Halter Begins Building LNG-powered ConRo Ships for Crowley

VT Halter Marine – Crowley Team

VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems), has commenced construction on the first of two liquefied natural gas (LNG)-powered, combination Container Roll-On/Roll-Off (ConRo) vessels for Crowley following the signing of the contract


Fredriksen eyes Takeover of Flex LNG

Shipping tycoon John Fredriksen is aiming to take control of Oslo-listed Flex LNG following his purchase of 12.7 million shares that brought his stake in the firm to 43.3 percent, his firm Geveran said on Friday.   "Geveran will make a mandatory offer for the remaining shares in Flex


Magnolia LNG Project Progresses

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  Liquefied Natural Gas Limited informed that an update on the status of Environmental Information Requests from the Federal Environmental Regulatory Commission (FERC) in relation to the Company’s wholly owned subsidiary, Magnolia LNG LLC (MLNG) has been provided


Qatargas Sells First LNG Cargo to JOVO

First cargo to JOVO

  Qatargas sold its first cargo of liquefied natural gas (LNG) to Jovo LNG Storage and Transportation Co., Ltd. (“JOVO”), an independent LNG importer from the People’s Republic of China. The 64,000 cubic meter cargo was sold on a free-on-board basis and loaded on to the


500th LNG Cargo Leaves Snøhvit

Kai-Otto Nilsen, Petter Fagerheim, Cato Osenbroch and Torfinn Isaksen with the special vessel Arctic Voyager in the background (Photo: Statoil)

Snøhvit cargo number 500 was loaded at Melkøya on Mondaym October 27, Statoil said. Since startup in 2007, more than NOK 80 billion worth of LNG has been dispatched from Melkøya. The special vessel Arctic Voyager is the 500th to visit Melkøya and Hammerfest to carry


BG Group to Delay LNG Terminal on Canada's Pacific Coast

British oil and gas producer BG Group Plc will delay until the next decade a proposed liquefied natural gas export terminal on Canada's Pacific coast, the Wall Street Journal reported, quoting the head of the company's Canadian unit. "We'd always said (construction would begin) as early as






 
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