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Lng Projects

FERC Issues Notice on Calhoun LNG Project

The Federal Energy Regulatory Commission (FERC) issued a Notice stating that a draft environmental impact statement has been prepared for the Calhoun LNG project. The project proposes construction and operation of a liquefied natural gas (LNG) import terminal at Point Comfort, Texas. Source: HK Law


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.


Funding Approved for China LNG Project

Newbridge Capital LLC, one of Asia's largest private equity funds, has signed an agreement to invest up to $200m in Xinjiang Guanghui's Liquefied Natural Gas project in China's northwestern Xinjiang region, an official with the Xinjiang Guanghui Group told XFN-Asia. Under the agreement, Newbridge Capital will initially invest $33.8m for a 24.99 pct stake in Xinjiang Guanghui LNG project and has the option to increase its share in the project to as much as 67 pct with an additional


NLNG Denies Project Delays

In response to press reports claiming delays, Nigeria Liquefied Natural Gas announced that its $5.7 billion LNG project is on schedule and is capable of fulfilling its contractual obligations, according to an AFX News report. NLNG has also taken measures to head off potential problems in the market, including a possible shortage in gas supply in 2006. The LNG project will supply much of the natural gas needs of Europe and the US in the coming decade. Source: AFX News


Neptune LNG Project Secures Deep Water Port License

MarAd has decided to issue a deepwater port license to SUEZ Energy North America's subsidiary, Neptune LNG LLC to build, own, and operate the Neptune offshore LNG delivery system in Massachusetts Bay. Neptune is the first offshore LNG project on the United States' East Coast to reach this milestone. The Neptune terminal will be based on the LNG Shuttle and Regasification Vessel System (SRV) developed by Höegh LNG.


New Foss Exec to Support Oil and LNG Projects

Mike O’Shea has been hired as Foss Maritime Company’s Vice President of Oil Field Services, a new position that reports to Foss’ president and chief operating officer. The new position was developed to meet Foss’ current and future oil and liquefied natural gas (LNG) customers’ needs and support large oil and gas projects in Alaska and other remote locations around the globe. O’Shea will be located in Anchorage, Alaska


Mexico Seeks To Lure LNG Projects

Struggling to meet a growing deficit in its natural gas supplies, Mexico is hoping that regulatory changes will lure new liquefied natural gas (LNG) projects by as early as September. Mexican government officials and interested companies discussed regulatory changes for new LNG terminals, which would help meet gas demands growing at a 10 percent clip annually, the ministry said. The move comes as Mexico fights to keep up with growing needs for the clean-burning fuel from both consumers and


Chinese LNG Project Progressing

A Chinese consortium led by China Offshore Oil Corp. (CNOOC) and oil major BP aim to complete a feasibility study for China's first liquefied natural gas (LNG) project by next June. An agreement for the supply of gas is also expected to be sealed in a similar timeframe, the official said. The Chinese consortium and BP plan to build a three million ton per year (tpy) LNG import terminal in southern Chinese province of Guangdong by the end of 2005


Governor Schwarzenegger Disapproves BHP Deepwater Port License

California Governor Arnold Schwarzenegger issued his formal disapproval to United States Maritime Administrator Sean T. Connaughton for the licensing of the BHP “Cabrillo Port” LNG deepwater port planned for construction off the coast of Ventura County, California. The Governor did however make it clear that he supports the state’s need for an increased LNG supply. Excerpts from the Governor’s letter follow: While I believe strongly that California needs to expand its access to natural


Hudong-Zhonghua Selected to Build LNG Carriers

Exxon Mobil Corporation (ExxonMobil) and Mitsui O.S.K. Lines, Ltd. (MOL) announced today that they have selected Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong), a subsidiary of China State Shipbuilding Corporation, to build four LNG carriers in .  These carriers will provide LNG transportation from the Papua New Guinea (PNG) and Gorgon Jansz LNG projects and will be jointly owned by MOL and China Shipping (Group) Company (CS). 


LNG Foes go to the Mat in Maryland

Maps of Indian and Japanese ports paper the walls of a Dominion Resources Inc conference room in a small Maryland town, population 1,835, known more for crabbing and bird watching than global trade and the U.S. natural gas revolution. Dominion, an American energy company long focused on U.S


Edward Scott to Keynote LNG Symposium at SHIPPINGInsight

Edward Scott (Photo: Excelerate Energy)

Edward Scott, chief operating officer of Excelerate Energy, will deliver the keynote address at the SHIPPINGInsight 2014 Marine LNG Symposium, Sept. 30 in Stamford, Conn. The Marine LNG Symposium is a forum dedicated to all aspects of conversion to LNG as a marine fuel


Australian LNG investment is at risk, but not as much as feared

The Australian oil and gas industry is telling everybody that a second wave of investment in liquefied natural gas (LNG) plants is at risk unless labour and regulatory costs are cut. The companies are unlikely to get all that they want. In fact they may not get very much at all out of the


US LNG Export Bill Clears Hurdle

A U.S. House subcommittee voted on Wednesday to advance a bill that would eliminate the need for government approval of U.S. liquefied natural gas (LNG) exports to countries that belong to the World Trade Organization. The legislation, which will be considered by the full House energy committee


Panama Canal May be a Game-Changer Says FMC Commissioner

William P. Doyle: Photo credit FMC

FMC Commissioner William P. Doyle, addressed the Executive Committee of the National Lieutenant Governors Association (NGLA) in Little Rock, Arkansas: Topic – "Is Your State Ready for a Historic Transformation of Transportation, Energy


New Vladivostok LNG Terminal Project on Track

Rendering courtesy of Gazprom

At a recent meeting of Gazprom's Management Committee, Chairman Alexey Miller noted that the project was progressing rapidly and on schedule – the first train of an LNG plant will be commissioned in 2018.


Gas Turbine-Powered LNG Carrier Joint Design Announced

GE LM2500 (Photo: GE Marine)

GE Marine, Dalian Shipbuilding Industry Company (DSIC) and Lloyd’s Register announce they have jointly developed a design for a gas turbine-powered LNG carrier. This unique carrier will provide low life cycle cost, high environmental performance and flexible design.


Gazprom & Spain’s Enagas Consider LNG Export Opportunities

LNG carrier: Photo courtesy of Gazprom

The two energy providers discussed the possibilities of co-operation in supplying liquefied natural gas (LNG) particularly from the Baltic LNG project to the European and Latin American markets, during a recent meeting at Gazprom HQ.


Subsea Production, Arctic Shelf Oil, Gazprom 2013 Milestones

Prirazlomnaya offshore platform: Photo courtesy of Gazprom

Gazprom lists amongst its 2013 achievements: the first subsea gas production facility by any Russian company, and secondly, extraction of the first oil from the Russian Arctic Shelf. Russia's first subsea production facility was successfully tested in the Kirinskoye field within the Sakhalin


Shell Sells Wheatstone LNG Stake in Australia

shell.jpg

Royal Dutch Shell plc has announced it has agreed to sell its 8% equity interest in the Wheatstone-Iago Joint Venture and 6.4% interest in the 8.9 million metric tons per annum Wheatstone liquefied natural gas (LNG) project in Western Australia for a cash consideration of $1


Commercial Agreement Inked for Alaskan Gasline

Governor Sean Parnell (photo courtesy of the Governors Office)

Alaskan Governor Sean Parnell welcomed news that a commercial agreement for an Alaska gasline has been signed, marking a major milestone in bringing Alaska’s gas to Alaskans and markets beyond. The agreement, also known as a Heads of Agreement (HOA)


Pivotal LNG, WesPac to Fuel TOTE’s LNG Containerships

Image courtesy of TOTE

Pivotal LNG, Inc., a wholly owned subsidiary of AGL Resources, and WesPac Midstream LLC announced they have been selected by TOTE, Inc. to provide liquefied natural gas (LNG) to fuel TOTE’s two new state-of-the-art container ships in Jacksonville, Fla


Louisiana LNG Project Gets Important Non-FTA Export Approval

Signing ceremony: Image courtesy of GDF Suez

Cameron LNG, one of the most advanced US LNG export projects, (promoted by GDF SUEZ as a shareholder and a capacity holder), has been granted conditional non-Free Trade Agreement (FTA) approval from the US Department of Energy (DOE). The Non-FTA agreement will enable GDF SUEZ to export LNG


W&O Named Distributor for Perma-Pipe

LNG pipe.jpg

W&O, a global supplier to the marine and upstream oil and gas markets for pipe, valves and fittings, valve automation and engineered solutions, has been named the exclusive North American marine distributor for Perma-Pipe, Inc., the largest North American manufacturer of pre-insulated piping


MOL Ink Deal to Build, Charter 300m LNG Carrier

New LNG carrier rendering courtesy of MOL

Mitsui O.S.K. Lines (MOL) inform it has signed a Head of Agreement on joint ownership and 20-year charter contract for a newbuilding LNG carrier with Tokyo LNG Tanker Co., Ltd. At the same time, MOL signed a contract with Japan Marine United Corporation to build the new vessel.


 
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