LNG Tanker to Discharge First US Cargo in China in 13 Months
The tanker Maran Gas Vergina has arrived in China with the first delivery of U.S. liquefied natural gas (LNG) in 13 months, shipping data showed on Monday.This is the first shipment since March 2019 after a long-standing trade war in which China raised tariffs on LNG imports from the United States to 25% last year.The tanker berthed on Monday in Tianjin, where China National Offshore Oil Corp (CNOOC) and Sinopec operate LNG terminals, ship-tracking data from Refinitiv and data intelligence firm Kpler showed.Aboard is a cargo that loaded at the Freeport LNG plant in Texas.Three more U.S LNG deliveries are expected in China in April and two cargoes are scheduled to be discharged in May…
USCG: US Faces Ship Shortage for Gas Exports
The expected boom in liquefied natural gas exports from the United States risks being hampered by a lack of vessels to handle the trade, the head of the U.S. coast guard told shipping industry executives on Tuesday. The LNG tanker market, currently suffering from oversupply due to weak demand for natural gas, could thus in a few years face a shortage of capacity, Paul Zukunft told the Nor-Shipping conference. Several large projects are under construction on the U.S. Gulf coast, including Cheniere Energy's Sabine Pass, due to come on stream later this year, and Sempra Energy's Cameron LNG, set for completion in 2018. "Right now we have one of the largest LNG facilities in the world being built in Louisiana," Zukunft said, referring to the Cameron plant.
Louisiana LNG Project Gets Important Non-FTA Export Approval
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 from the Cameron LNG project, in Louisiana, into countries that have not signed a FTA with the USA. GDF Suez inform that the project received FTA approval in January 2012. The Non-FTA approval will enable them to sell the LNG produced by the Cameron plant, to a much wider range of partners around the world.
