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US Energy Dept OKs Cove Point LNG Export

Cove Point Terminal (Photo: Dominion)

The U.S. Energy Department said Thursday it has given the final approval for Dominion Resources to export liquefied natural gas (LNG) from its Cove Point, Maryland plant.   The Cove Point plant is investing $3.8 billion in new infrastructure to ship up to 0.77 billion cubic feet of LNG starting late in 2017 to countries with which the United States does not have free trade agreements.   The DOE said it conducted "an extensive careful review" of Dominion's applications and considered the economic, energy security and environmental impacts of the plant before approving the Cove Point shipments for 20 years.   Some environmentalists have fought Cove Point, believing the LNG trade would increase pollution from fracking in the United States. Others support greater development of natural gas as a replacement for coal.   The Sierra Club and several other green groups on Thursday filed suit in the District of Columbia Circuit court over a recent decision by the Federal Energy Regulatory Commission to approve the terminal.   Cove Point needs approval from both federal agencies.     (Reporting by Timothy Gardner; Editing by Andrew Hay and Bernadette Baum)


Aurora LNG Submits Canada Export Bid

British Columbia’s first liquefied natural gas (LNG) proposal at Grassy Point near Prince Rupert has filed its export application with Canada's National Energy Board (NEB). "Aurora LNG is moving forward with their plans to export B.C.'s natural gas to new markets overseas," said Premier Christy Clark. "This marks another step towards realizing the transformative opportunity LNG presents us. Aurora LNG's commitment to building this new industry will create jobs and


Analysts: Demand for LNG Tankers Decreasing

Excess capacity in the global fleet of liquefied natural gas carriers will be at its highest this decade in 2008, as a growing worldwide fleet results in lower utilization rates, according to the Royal Gazette. Demand for LNG tankers has deteriorated markedly as a result of a large increase in fleet supply partly caused by speculative orders for new ships, industry analysts pointed out. Utilization of the LNG fleet will fall to 77


Rhode Island Passes Bill on LNG Ship Ops

The House of Representatives today voted 66-0 to approve legislation introduced by Rep. Raymond E. Gallison Jr. to require any LNG tanker to have an LNG-certified American master mariner present on each trip through Rhode Island waters and during transfer of cargo. Representative Gallison, chairman of the Special House Commission to Study the Transportation of Liquefied Natural Gas and a Democrat who represents District 69 in Bristol and Portsmouth


New Asia-Pacific LNG Markets in Gazprom's Sights

LNG carrier: Photo courtesy of Gazprom

Russian energy company Gazprom takes a look at its marketing policy in the international markets of small & large-scale LNG supply in line with its  updated LNG production and supply strategy, and decides to focus on the Asia-Pacific market. Gazprom's main efforts for expanding large-scale LNG exports are to be focused on the fast-growing Asia-Pacific market. The company says it will step up its presence in the new market primarily through increasing the


DNV GL Forms Americas LNG Solutions Group

Bjørn-Harald Bangstein

To meet the rapidly growing demand for a wide variety of LNG related services, DNV GL has established a group of LNG experts in North America. In addition to deep LNG expertise, the Houston-based “LNG Solutions Group - Americas” is also experienced in all business, risk and regulatory matters specific to the North American market. With the increasingly strict regulation of sulphur emissions in force next year and the already tightened Emission Control Area regulation for the U.S


Darwin LNG Shipment Delayed

The first shipment of liquefied natural gas from Darwin has hit a snag, with the tanker delayed in port for several days. The Kotowaka Maru arrived at ConocoPhillip's Wickham Point plant in Darwin early last Wednesday to load the first cargo from Australia's second LNG export project. The shipment was due to leave Darwin within two days, but the 125,000 cubic meter carrier still remained in the port last night. About 3 million tons of LNG


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)


Washington State Ferries Explores LNG as Fuel

Kenneth Vareide, Director of DNV’s maritime operations in North America

“WSF burns more than 17 million gallons of ultra-low sulfur diesel each year – and it’s our fastest growing operating expense. LNG has the potential to significantly reduce emissions and the cost of fuel,” said Washington State Department of Transportation (WSDOT) Assistant Secretary David Moseley. LNG as a fuel is a promising, but new technology. To ensure that the safety, security and operational challenges of such a move is handled in a responsible manner


Crowley Gets Small-Scale NFTA LNG Supply License

Gas tanker: Photo courtesy of Crowley

Crowley Maritime Corp. informs that its subsidiary Carib Energy LLC has been granted a 20-year, small-scale U.S. Department of Energy (DOE) export license for the supply, transportation and distribution of U.S.-sourced liquefied natural gas (LNG) into Non-Free Trade Agreement (NTFA) countries in the Caribbean, Central and South America. As a result, both commercial and industrial customers within NFTA countries can now benefit from cost-efficient


Qatar Navigation Absorbs Balance of SocGen Gasships

Qatar Navigation (Milaha) said on Thursday its unit Qatar Shipping Company had acquired the remaining 60 percent interest in two firms which own Liquefied Natural Gas (LNG) carriers from France's Societe Generale. The two entities, Milaha Ras Laffan and Milaha Qatar


Port Gothenburg Offering LNG

Image: Port of Gothenburg

 Ships running on liquefied natural gas (LNG) are going to be able to bunker at the Port of Gothenburg, as new regulations for LNG bunkering have been introduced by the Gothenburg Port Authority in collaboration with the Port of Rotterdam and the Swedish Transport Agency.  


Litgas, Statoil JV to Develop Baltic Sea LNG

Photo: LITGAS

 Natural gas supply and trading company Litgas, part of Lithuania's state owned energy holding Lietuvos Energija, and Statoil, leading global energy company in oil and gas production, signed a memorandum of understanding (MoU) on July 2nd in Vilnius


Teekay LNG Partners Declares Distribution

Logo

  Teekay GP LLC, the general partner of Teekay LNG Partners L.P. has declared a cash distribution of $0.70 per unit for the quarter ended June 30, 2015. The cash distribution is payable on August 14, 2015 to all unitholders of record as at July 14, 2015.


BAM Completes LNG Terminal in Aqaba, Jordan

The Aqaba New Liquefied Natural Gas (LNG) Terminal by BAM International. Pic by Aqaba Development Corporation (ADC).

 BAM International has completed its €65 million project to construct the Aqaba LNG terminal for Aqaba Development Corp. (ADC).    The operating company of Royal BAM Group handed over the project on 23 June, two months ahead of schedule.  


Global LNG Prices Hold, Supported by Middle East Demand

Asian liquefied natural gas (LNG) spot prices for August delivery were firm on Friday, underpinned by steady demand from the Middle East and the potential for stronger European demand after production cuts at the region's largest gas field.  


US Backs Study into Panama Canal LNG Terminal

The U.S. Trade and Development Agency informs it has awarded a grant to the Panama Canal Authority (ACP) to support the planning of a liquefied natural gas (LNG) import terminal.   The Panama Canal is expected to handle significant LNG tanker traffic upon completion of the canal expansion


Panama Canal Plans LNG Terminal

USTDA is supporting a study on an LNG Terminal with the Panama Canal Authority.  Photo Credit: USTDA

 The Panama Canal Authority (ACP), which administers the canal, is looking at building a Liquefied Natural Gas (LNG) import terminal near the Canal.   The ACP has been awarded a US Trade and Development Agency grant to help fund a feasibility study for the project


Cheniere’s Maiden LNG Spot Deal At $7.20/MMBtu

Image: Sabine Pass LNG terminal

 Cheniere concluded its maiden LNG spot trade earlier this week at for late-July delivery to an Asian buyer, reports Platts quoting a source with direct knowledge of the deal.   Sources told Platts that the maiden trade was completed at $7


ICS: U.S. Approach to LNG 'Protectionist'

The International Chamber of Shipping Represents the Worlds shipowners at IMO Photo ICS

According to the Internatinal Chamber of Shipping, the United States Congress signaled last week its intention to approve major free trade deals with Asia and Europe. ICS voices serious concern about the potentially protectionist approach being taken by the U.S


Tanker Converted to LNG-electric Propulsion

Photo: Bergen Tankers

Bergen Tankers’ 95-meter-long chemical and product tanker Bergen Viking has returned to service following its conversion from diesel-electric to liquefied natural gas (LNG)-electric propulsion.    Delivered in 2007, the Rolls-Royce powered vessel supplies diesel and petrol along


FLEX Acquires LNG Assets from EXMAR

Image: EXMAR LNG

 Nicolas Saverys-led Exmar has agreed to integrate its LNG assets and infrastructure with those of John Fredriksen’s Geveran and Flex LNG under a new USD 2.3 billion company – Exmar LNG Ltd.   Belgian liquefied natural gas (LNG) carrier owner and operator Exmar and Geveran


GTT Records Order for 2 LNG Tankers

GTT receives a new order from Hyundai Samho Heavy Industries for two LNGCs for Teekay   GTT, a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), announced it has received a new order for two LNG carriers (LNGCs) to be built


Golar Moves Ahead with lucrative FLNG Project in Cameroon

Golar has four operational FSRU projects.

  Golar LNG Limited inform that with regards the signing of a Heads of Agreement with Societe Nationale de Hydrocarbures ("SNH") and Perenco Cameroon ("Perenco") for the development of a floating liquefied natural gas export project in Cameroon that took place on 24


GasLog Partners To Buy Three Vessels

Methane Shirley Elisabeth

  GasLog Partners LP and GasLog Ltd. announced today the closing of the Partnership’s acquisition from GasLog of 100% of the ownership interests in the entities that own and charter the liquefied natural gas (“LNG”) carriers the Methane Alison Victoria






 
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