According to The Daily Advertiser, ConocoPhillips has no intentions of altering its plans to build an open-loop liquefied natural gas terminal off the southwest Louisiana coast in light of the governor's decision last week to veto a similar project. A spokes-man for ConocoPhillips said the company is going forward with its already laid plans for Beacon Port, a proposed LNG terminal about 50 miles offshore from Cameron Parish. Gov. Kathleen Blanco on May 5 exercised her power to veto an LNG terminal proposed by Freeport McMoRan off the Plaquemines Parish coast. Blanco cited environmental concerns about the terminal's effect on Gulf fisheries - it would use 100 million to 200 million of gallons of seawater a day to re-heat the super-cooled gas, killing much of the sea life that gets sucked into the intake pipes. Proposed LNG terminals go through an exhaustive federal permitting process that includes developing environmental impact statements and soliciting public comment. At the end of the process, the governors of affected states have an opportunity to veto the project. (Source: The Daily Advertiser)
Energy Department Conditionally Authorizes Cameron LNG to Export Liquefied Natural Gas. The Energy Department announced today that it has conditionally authorized Cameron LNG, LLC (Cameron) to export domestically produced liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA) with the United States from the Cameron LNG Terminal in Cameron Parish, Louisiana. The Cameron application was next in the order of precedence after the Energy Department conditionally
The U.S. Coast Guard Sector Corpus Christi will assess safety and security issues associated with liquefied natural gas tankers traveling in the Matagorda Ship Channel in order to make a recommendation to the Federal Energy Regulatory Commission (FERC) regarding Calhoun LNG, L.P.'s proposal to build a liquefied natural gas terminal in Calhoun County. The Coast Guard received official notification of Calhoun LNG, L.P.'s plans on March 14, 2005.
Freeport LNG Development, L.P. and Technip USA Corporation, a subsidiary of Technip have signed a contract for the Front End Engineering Design (FEED) leading to the finalization of the EPC (engineering, procurement and construction) contract for its LNG receiving terminal to be located on Quintana Island near Freeport, Texas. The FEED is expected to be completed by the end of December with the EPC phase of the project beginning in the first quarter of 2004.
Aker Kvaerner has signed a frame agreement with Woodside Petroleum Ltd to become the Australian oil and gas giant's preferred supplier of steel tube umbilicals. The contract could be worth between NOK 150 - 200 million annually. The frame agreement is awarded for a three year period with optional periods of one + one year and has the potential to support Woodside Petroleum Ltd with its proposed LNG developments.
ABS gives Approval in Principle (AIP) to a newly proposed LNG articulated tug & barge re-gasification vessel that facilitates the use of cleaner burning fuel. The concept vessel, introduced by Waller Marine Inc., has the ability to load LNG from existing LNG terminals, liquefaction facilities or traditional LNG carriers and transport the LNG to existing tanks, traditional LNG carriers, trucks or marine vessels using LNG as a fuel
The Federal Energy Regulatory Commission (FERC) issued a Notice stating that it intends to prepare an environmental assessment of the proposed Cameron LNG berthing facility to be built in the vicinity of Hackberry, Louisiana. Comments on the proposal should be submitted by February 25. 70 Fed. Reg. 5435 (HK LAW)
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. Gazprom explains that it aims to speed up new LNG projects in order to increase their share in the global gas market. Vladivostok-LNG is one of such projects.
B.C. Premier Christy Clark has announced an agreement in principle with Pacific NorthWest LNG, owned in majority by Malaysia's Petronas, for a liquefied natural gas development on the province's northwest coast. Hailed as “the largest capital investment in B.C. history,” Clark said the LNG framework will result in stable, long-term revenue for B.C. and $36 billion in investment, including a proposal for an LNG facility near Prince Rupert.
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 chronic supply shortages, an official said on Tuesday. Importing LNG is among the options Africa's most developed economy is considering to diversify its energy sources away from coal and ease
Qatar-based natural gas producer RasGas will not penalise Petronet LNG for lower offtake of the fuel, says a report by PTI. Qatar has agreed to waive $1 billion penalty on India for breaking a long-term LNG contract, and has also consented to change the pricing formula to reflect
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
DNV GL has presented Dalian Shipbuilding Industry Company Limited (DSIC) with an Approval in Principle (AiP) certificate for a new LNG-fuelled very large crude carrier (VLCC) design at the first day of the Marintec China trade fair. The new
Mitsui O.S.K. Lines, Ltd. today took part in a naming ceremony for the newbuilding liquefied natural gas carrier LNG JUROJIN, which is co-owned by MOL and Kansai Electric Power Co., Inc. at the Nagasaki Shipyard & Machinery Works of Mitsubishi Heavy Industries, Ltd.
Crowley Maritime Corp. ’s petroleum distribution group has been granted approval by the U.S. Department of Energy (DOE) and the National Energy Board – Canada (NEB) to import Canadian-sourced liquefied natural gas (LNG) for supply
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
Liquefied Natural Gas Limited and Magnolia LNG LLC (Magnolia) announced that the United States Federal Energy Regulatory Commission (FERC) issued the Final Environmental Impact Statement (FEIS) for the Magnolia LNG (MLNG) project in Lake Charles, Louisiana
Classification society ClassNK has granted Approval in Principle (AIP) to a 98,000 dwt LNG-fueled bulk carrier design developed by Maritime Innovation Japan Corporation (MIJAC). ClassNK said it carried out the safety evaluation of the vessel and approved the concept design based on the
Lithuania's parliament on Tuesday approved amendments which will allow the Baltic state to re-sell liquefied natural gas (LNG) on the international markets, the energy ministry said. The current laws require the country's regulated energy and heat producers to buy at least 540 million
EXMAR has entered into a binding Term Sheet with Swan Energy Limited for the joint development and operation of the Jafrabad LNG Port project, to be located in the State of Gujarat, India. The Jafrabad LNG Port will be a 5 million tons per annum (MTPA) LNG receiving terminal
Lithuania’s Klaipedos Nafta has signed a deal with the port of Helsingborg to cooperate on the HEKLA – Helsingborg & Klaipeda LNG infrastructure facility deployment project (HEKLA). Klaipedos Nafta has also signed a Memorandum of Understanding (MOU) with the Spanish
The Świnoujscie LNG terminal in northern Poland is ready to receive its first shipment of gas, with a tanker leaving Qatar on its way to Poland. The tanker carrying LNG left Qatar-based Ras Laffan port on last Friday and is heading to the LNG terminal
Honeywell has announced that it has received a contract to supply its Experion Process Knowledge System (PKS) automation controls and tank gauging systems for Finland’s first LNG import terminal. The new terminal will efficiently supply natural gas to marine vessels and