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Small Scale Lng

DNV GL to Study Risks of Small Scale LNG Bunkering

Photo courtesy of DNV GL

In order to better understand the consequences of an accidental liquefied natural gas (LNG) release, DNV GL has been asked by the industry to initiate a Joint Industry Project (JIP). It will be run in collaboration with E&P companies and LNG market stakeholders. The JIP will contribute to the development of rigorous safety standards and guidelines for small scale LNG bunkering and filling stations. Other E&P and energy companies still have time to join the project. LNG is evolving; from large-scale seagoing vessels and large bunkering and regasification plants, towards small-scale use as fuel for road transport and short seagoing vessels. It is an attractive fuel since it offers less emissions, reduced noise levels and competitive prices compared to other conventional bunker fuel like Marine Gas Oil (MGO). DNV GL has already made steps forward to harmonize LNG bunkering operations by launching a Recommended Practice which provides guidance on how LNG bunkering can be undertaken in a safe and efficient manner. Despite the well established large scale LNG market, challenges remain regarding the development of small scale LNG sector, for example: quality management, material specification, metering and sampling methods and lack of safety standards and guidelines. To address this, regulation authorities in European countries such as the Netherlands and U.K


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, Lithuania regarding establishment of a joint venture company in Lithuania to develop small scale LNG bunkering services.   The new joint venture company is planned to be established in Lithuania later this year and would supply LNG as


Wärtsilä to Present 'New Maritime Era for Gas' at IWBS

Wärtsilä's John Hatley PE,  Americas VP Ship Power, will talk on the subject at  upcoming International Workboat Show (IWBS), New Orleans. Wärtsilä’s gas systems offerings now include small scale LNG liquefaction , regasification , LNG fuel systems  and LNGPac . Combined with Wärtsilä’s dual-fuel engine technology this expanded scope of supply is delivering the benefits of LNG along with operational flexibility.


Crowley Enters LNG Market

Thomas B. Crowley, Jr., Crowley CEO, COO, COB, President (Photo: Crowley)

Crowley Maritime Corporation's petroleum services group is entering the Liquefied Natural Gas (LNG) market by acquiring Carib Energy LLC.  Florida-based Carib Energy, founded in 2011, was the first company to receive a small scale, 25-year, LNG export license from the U.S. Department of Energy (DOE) for LNG transportation from the U.S. into Free Trade Agreement (FTA) countries. While Crowley’s overall strategic focus on the LNG market will span several of its diversified business


Stolt-Nielsen, Golar LNG Form Joint Venture

Photo: Golar LNG

Stolt-Nielsen Limited and Golar LNG Limited have formed a 50/50 joint venture to pursue opportunities in small-scale LNG production and distribution, the companies announced today.   Stolt-Nielsen Limited has invested in Golar LNG through open-market purchases, representing an ownership stake of approximately 2.3 percent in the company.   Commenting on the investment, Niels G. Stolt-Nielsen, CEO of Stolt-Nielsen Limited, said


EC Approves Aid for Finland's First LNG Terminal

Pori LNG terminal Photo: Gasum Oy

 The European Commission has approved under EU state aid rules Finland's plans to grant €23 million to construct a small scale LNG terminal at Pori on Finland's west coast.   The European Commission has concluded that Finland's plans to grant €23 million of public funding for the construction of a small scale LNG terminal at Pori, in the Satakunta region on Finland's west coast, are compatible with EU state aid rules.  


AMO To Design Alaskan LNG Barges

Argent Marine Operations (AMO) has been contracted by Alaska Intrastate Gas Company (AIG) to design, develop, construct and operate barges to transport liquefied natural gas (LNG) from Prince Rupert, British Columbia to the Alaska panhandle, Gulf of Alaska and Kodiak region. The barges will be specially designed by AMO for the demanding conditions of the Canada to Alaska trade. According to Jay Gottlieb of Argent Marine Companies, of which AMO is a unit


EXMAR Teams Up With Pacific Rubiales

EXMAR.bmp

EXMAR has teamed up with Pacific Rubiales to build a small-scale LNG export project in northern Colombia. The Colombian-Canadian exploration and production player and EXMAR have begun front-end engineering and design for the scheme. Plans involve building a small liquefaction barge and a pipeline from the company’s La Creciente gas field to the Caribbean coast and shipping to the targeted markets. The project is targeting Caribbean and Central American markets.


Bureau Veritas Classes World’s Largest Bilobe LNG Tanks

9,686 cu m bilobe Type C LNG tanks building at Sinopacific for Denmarks Evergas and classed by BV

International classification society Bureau Veritas is classing the world’s largest bilobe gas tanks. They are nearing completion at China’s Sinopacific yard and will be installed in a series of four 27,500 cu m semi-refrigerated LNG/Ethylene carriers building for Denmark’s Evergas. Each of the IMO Type C bilobe tanks has a capacity of 9,686 cu m. Two of the tanks in each vessel will be supplemented by a third conical Type C cargo tank and a smaller LNG fuel tank on the


Wärtsilä: Integrated LNG Terminal-Power Plant Concept

Illustration of small-scale LNG terminal with adjacent gas power plant (copyright: Wärtsilä)

Over the past couple of decades, natural gas (NG) has become a fuel of choice for power generation. One way of increasing the availability of NG is through the use of liquefied natural gas (LNG). Global LNG trade is expected to grow by 30% in the coming few years. In connection to LNG production growth, receiving and re-gasification capacity must grow as well.   A substantial part of this growth will come from the development of small-mid scale LNG receiving and re-gas terminals


Pentagon: Cut in LCS Ship Program 'Not an Indictment'

U.S. Deputy Defense Secretary Robert Work said the Pentagon's plan to truncate the Littoral Combat Ship program at 40 ships instead of 52 reflected budget pressures and was "not an indictment" of the program.   Lockheed Martin Corp and Australia's Austal each build different


U.S. Okays ConocoPhillips LNG Exports

Liquefied Natural Gas Tanker Kenai, Alaska. Photo: ConocoPhillips Company

 The U.S. Department of Energy has renewed authorization for liquefied natural gas (LNG) exports from the North Kenai ConocoPhillips facility, reports Reuters.   The approval is to export about 40 billion cubic feet of natural gas from its Kenai LNG export terminal in Alaska over the


Top 10 Shipowning Nations by Value

The data in this infographic contains all live and on order vessels. (Source: VesselsValue)

 VesselsValue has provided a list ranking the top shipowning nations by value, including the percentage change difference against 2015 figures. Although the order may not have changed much from last year, the standout winner appears to be Denmark as the only country on the list to increase


FSRU Golar Tundra Sold to Golar LNG Partners

Golar LNG Limited has entered into a purchase agreement to sell the Golar Tundra, a floating storage and regasification unit (FSRU), to Golar LNG Partners LP for a sale price of $330 million.   In connection with the closing, Golar LNG Partners will receive a daily fee plus operating


Eagle LNG Seeks Greenlight for LNG Exports

Eagle LNG Partners has submitted an application with the US Department of Energy (DOE) requesting long-term, multi-contract authorization under Section 3 of the Natural Gas Act to engage in exports of natural gas in the form of liquefied natural gas (LNG).   


LNG Prices Dip on Stock Builds as New Supply Looms

Asian spot LNG prices fell this week as top consumer Japan struggled with surplus stock and Chevron's new Gorgon project neared start-up, which will feed into an already oversupplied market.   The big worry was about Russia's Sakhalin-2 export plant


LNG Shipping Rates to Remain Under Pressure in 2016

LNG shipping earnings will remain under pressure in 2016 as accelerating fleet growth and changing trade patterns will weaken supply-demand conditions, according to the latest edition of the LNG Forecaster report published by global shipping consultancy Drewry.


Pentagon Chief Unveils Plans to Buy More High-end Ships

U.S. Secretary of Defense Ash Carter (Photo: U.S. Department of Defense)

U.S. Defense Secretary Ash Carter on Wednesday mapped out plans for the U.S. Navy to buy more high-end submarines, destroyers, fighter jets and unmanned underwater vehicles using $8 billion in savings generated by scaling back orders for smaller Littoral Combat Ships.  


Aqualis Offshore Lands Study Job for LNG Barge

Offshore marine and engineering consultancy Aqualis Offshore, part of Oslo-listed Aqualis ASA, has been contracted by Gas Entec Co. Ltd to provide an engineering study of a new-build LNG barge that will operate offshore the U.S. The contract value is undisclosed.   


Crowley Christens 2nd LNG-ready Product Tanker

Photo: Crowley

Crowley christens second of four newly built, LNG-ready product tankers for use in U.S. coastwise trade   Crowley Maritime Corp. has christened the second of four new Jones Act product tankers yesterday at the South Florida Petroleum Terminal (The Public Dock) in Fort Lauderdale, Fla


MISC Bhd: Revenue Up

Puteri Firus, LNG Shipping. Photo: MISC Berhad

 Malaysia International Shipping Corporation Berhad (MISC Berhad), a shipping arm of Petronas, has seen an increase of 12.3 percent in its net profit for the 2015 full year financials when compared to 2014.   The liquefied natural gas (LNG) shipper said the higher earnings compared


Total Signs Deal to Supply LNG to China's ENN

Image: ENN Energy

 Total SA has signed an agreement to supply liquefied natural gas to ENN Energy in China, according to a news release on the French energy company's website.   The deal is for 0.5 million metric tons of LNG per year for a period of 10 years and will be delivered from the company's


Norway will be Lithuania's 2016 Top Gas Supplier

File Image: a modern LNG carrier (credit: DNV GL)

Lithuania will import more gas from Norway than from former sole supplier Russia in 2016 after developing infrastructure to support liquefied natural gas (LNG) imports, the country's energy minister said on Monday. Russia's Gazprom had enjoyed a supply monopoly until the end of 2014


China's LNG Demand Falls

Graph: EIA, IHS

 China's import of  liquefied natural gas (LNG) fell 1.1% in 2015, marking the first year-on-year decline since imports began in 2006, according to a report by the US Energy Information Administration (EIA).   Chinese LNG imports have grown steadily in the last 10 years, from 0


Hess sells Shannon LNG Terminal

Ireland is the only country in NW Europe without an LNG terminal. Map:  ShannonLNG

 New York-based energy company Hess has sold Shannon LNG, a proposed gas-import terminal in County Kerry, Ireland’s Sunday Independent has reported.   The newspaper did not name the buyer for the site. The identity of the new owner of the proposed liquefied natural gas terminal






 
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