Lng Import Terminal News

Mitsui O.S.K. Lines (MOL) has been selected by Gaz-System as the preferred shipowner to time charter out a floating storage and regasification unit (FSRU) for the planned LNG import terminal in the Gulf of Gdańsk in Poland.Polish gas transmission system operator Gaz-System is the project developer and operator behind the future LNG terminal.This is Poland's first such FSRU and is a strategically important piece of energy infrastructure which will enhance the country's energy security.The FSRU is expected to be berthed at a mooring platform approximately 3km from the shore…

Seatrium has delivered a floating storage and regasification unit (FSRU) Energos Celsius to New Fortress Energy (NFE), one of the world’s leading LNG project developers.Energos Celsius is owned by Energos Infrastructure, a global marine infrastructure platform backed by Apollo funds and NFE, and the vessel is on long-term charter to NFE in Brazil.The FSRU was completed on time and within budget, and has departed the Seatrium shipyard for Brazil.It will subsequently be deployed at NFE’s completed LNG terminal in Barcarena in Brazil’s Pará state.The FSRU Energos Celsius will have a nominal regas

Several liquefied natural gas (LNG) vessels have changed their courses in recent days to avoid the Red Sea region amid maritime attacks by Yemen's Iran-aligned Houthis on the world's main East-West trade route.The Red Sea is linked to the Mediterranean by the Suez Canal, creating the shortest shipping route between Europe and Asia, and is connected to the Gulf of Aden by the Bab-el-Mandeb strait between Yemen and Djibouti. About 12% of world shipping traffic transits the canal.But attacks in recent days on ships along the route have led companies such as oil major BP…

New Fortress Energy said Monday it had executed a definitive agreement to charter the Floating Storage and Regasification Unit (“FSRU”) Energos Winter from Brazil's Petrobras starting in December 2023. The FSRU Energos Winter will be immediately deployed to Terminal Gas Sul (“TGS”), NFE’s newest LNG import terminal in Santa Catarina, Brazil, which will start commercial operations ahead of schedule in January 2024.“We are extremely pleased to reach this agreement with Petrobras and begin operations at the TGS terminal in Santa Catarina, Brazil ahead of schedule in January 2024.

Exxon Mobil Corp chose BlackRock as the potential buyer for its majority stake in Italy's main liquefied natural gas (LNG) import terminal, the U.S. oil producer said in a statement.The stake sale drew interest from infrastructure funds and international groups as Italy is expected to increase its LNG imports to partly replace the gas it used to get via pipeline from Russia.In March, Exxon said it was considering selling its 70.68% interest in the offshore Adriatic LNG Terminal…

The world's largest floating storage and regasification unit (FSRU) has arrived in Hong Kong to serve the city's first liquefied natural gas (LNG) import terminal, said CLP Power Hong Kong Ltd and Hong Kong Electric Co. Ltd.The FSRU arrived on April 13 and will set sail after checks and port clearance procedures to the offshore Hong Kong LNG terminal next week for final commissioning of the project, the two companies said in a joint statement on Thursday evening.The 4 million…

German utility RWE's trading arm received its first cargo of liquefied natural gas (LNG) at Brunsbuettel port from Abu Dhabi National Oil Company (ADNOC) on Wednesday, saying the gas will be fed into to onshore pipelines from the end of this month.The cargo was delivered on the vessel ISH to the floating LNG terminal "Hoegh Gannet" at Brunsbuettel. The terminal was chartered by RWE on behalf of the German government as part of efforts to ensure supply after Russia cut exports.Germany…

Höegh LNG said Thursday it had signed a binding 10-year charter with the German government for the supply of the floating storage and regasification unit (FSRU) Hoegh Gannet.The FSRU vessel will be based at the Deutsche Energy Terminal GmbH-run Elbehafen LNG project in Brunsbüttel. The Elbehafen LNG project is developed by RWE and its subsidiary Elbehafen LNG in close cooperation with its partners, Höegh LNG. "We are proud to sign the second contract with the Federal Government…

Boluda Towage has started towing services at the German port of Lubmin for the first installation of a floating LNG storage plant.The Deutsche ReGas LubminLNG import terminal will become the first operational FSRU-based facility in Germany. The floating storage and regasification unit is based inside the port of Lubmin, where an existing gas pipeline allows for a quick connection.In mid-December 2022, the 2009-built 145,000-cbm FSRU Neptune arrived in Germany’s port of Lubmin to serve the new LNG import terminal.

Atlantic Gulf & Pacific International Holdings (AG&P) have signed a charter agreement to use ADNOC L&S 's LNG Carrier Gasha, as a Floating Storage Unit (FSU).The LNG carrier will be used at AG&P's LNG import terminal in India, which will be commissioned in the second half of 2024. The charter deal is valid for 11 years with the option of a four-year extension. The two firms which have previously entered two similar agreements for FSUs in India and the Philippines. Captain Abdulkareem Al Masabi…

Australia's plan to control domestic natural gas prices, which producers say will deter the development of new supply, is expected to boost the prospects for proposed LNG import terminals but potentially defeat the government's aim to cut energy bills.Parliament is set to pass legislation on Thursday to cap gas prices at A$12 per gigajoule (GJ) for a year and then require a "reasonable price" for domestic sales after the cap expires.Industry players say the plan, which surprised producers…

Atlantic, Gulf & Pacific International Holdings (AG&P) said Sunday that it had converted the 137,512 cubic meter LNG carrier called ISH into a Floating Storage  Unit (FSU), which will be a part of an LNG import terminal in the Philippines from 2023."The ISH is a central component of the first Philippines LNG Import Terminal (PHLNG). Ready to be docked at AG&P's PHLNG facility in Batangas, the FSU is part of the combined offshore-onshore  import terminal that will have an initial capacity of 5 million tonnes per annum (MTPA).

German utility RWE has signed a deal with Abu Dhabi National Oil Company (ADNOC) to deliver liquefied natural gas to Europe's largest economy by the end of December, RWE announced on Sunday.Though the initial amount to be delivered is relatively small, it's a politically significant deal to shore up supplies of gas from outside of Russia as Chancellor Olaf Scholz seeks to deepen ties with the Gulf and find alternative energy sources.The deal, which includes a memorandum of understanding for multi-year supplies of LNG…

U.S.-based LNG firm Excelerate Energy said Thursday that it had signed a term sheet with ENGIE for the deployment of a floating storage and regasification unit (“FSRU”) that will provide flexible and secure LNG regasification capacity for Germany as it continues to seek alternatives to Russian pipeline gas supply.Under the proposed agreement, Excelerate would deploy an FSRU from its integrated fleet to provide regasification services for a period of five years at Germany’s fifth planned LNG import terminal…

Europe's race to replace Russian gas supply has threatened Australia's plans for five gas import terminals as they compete for key infrastructure, raising the risk of a supply shortfall in Australia's populous southeast in the next two years.France, Germany, and the Netherlands among others will need to import liquefied natural gas (LNG) to replace pipelined gas from Russia, which has been hit by sanctions during the Ukraine conflict.European users are grabbing floating storage and regasification units (FSRUs) needed to convert LNG to gas…

New Fortress Energy has executed a binding agreement to charter a floating storage and regasification unit (“FSRU”) to Dutch energy network operator Gasunie, in an effort by the Netherlands to reduce Russian gas imports. The chartered FSRU will provide storage capacity of approximately 170,000 m3 of liquefied natural gas with peak regasification capacity of 900 mmscfd. New Fortress Energy's FSRU will work in tandem with a third party’s FSRU to provide up to 8 bcm per year of total regas capacity.

Höegh LNG has entered into a binding commitment to supply H-Energy with an FSRU in Jaigarh, India from as early as the first quarter of 2021.Jaigarh is south of Mumbai in Maharashtra state, India. The final agreement will be for 10 years with annual termination options after year five, Höegh LNG said.Höegh LNG will allocate one of its available FSRUs currently trading in the LNG carrier market for the project.President and Chief Executive Officer Sveinung J.S. Støhle says: "We are delighted to have entered into a binding commitment with H-Energy for their new LNG import terminal in Jaigarh…

Lithuanian company AB Klaipedos Nafta (KN) has been appointed as the operator of a liquefied natural gas (LNG) terminal in the Brazilian Port of Açu.To execute the contract, KN has established a company in Brazil and plans to form a team of up to 30 local specialists in 2020.KN, KN Açu Serviços de Terminal de GNL Ltda. (Brazilian SPV) and Gas Natural Açu (GNA), which is a joint venture among Prumo Logistica, BP and Siemens, signed an operation and maintenance services agreement for the provision of the relevant services.Following the signing of the agreement, KN assumes the responsibility for the provision of safe, reliable and efficient operations…

Lithuania is seeking alternative bids from providers of floating liquefied natural gas (LNG) terminals to potentially replace its existing import terminal, operator Klaipedos Nafta said on Friday.The Baltic state leases a floating storage and regasification vessel (FSRU) from Norway's Hoegh LNG and has an option to buy it when the lease expires in 2024.The state-controlled Klaipedos Nafta said it had decided to seek alternative bids to make sure that it gets the best terms, and has to make the final decision by the end of 2022.Lithuania has been importing LNG via the current terminal, dubbed Independence, since 2014, thereby ending Russia's Gazprom pipeline gas supply monopoly.The Lithuanian terminal is used to import gas also for its neighboring Baltic states, and a new gas link to neighb

Excelerate Energy’s floating storage and regasification unit (FSRU) the Exemplar has begun operations in Bahia Blanca, a port city located 400 miles south of the Argentine capital Buenos Aires.The Exemplar, with a storage capacity of 150,900 m3, will deliver liquefied natural gas (LNG) for the 2021 winter season in Argentina, providing reliability and stability to the country’s energy system despite operating in the challenging conditions of the South Atlantic.“We are excited…

- Atlantic Gulf & Pacific Company (AG&P) said on Monday its Philippines subsidiary has received the green light to develop a liquefied natural gas (LNG) import and regasification terminal in Batangas Bay, south of Manila.The firm, part owned by Osaka Gas and the Japan Bank for International Cooperation, said the Philippines' energy department has issued it a notice to proceed to develop the terminal, known as Philippines LNG, which will provide the fuel to power plant, industrial…

Australia's southern states will need to import natural gas to fill a looming shortfall by 2024, as last year's COVID-19 induced oil and gas price slump has slowed investment in new fields, the country's competition watchdog said on Tuesday.Regulators have warned of a potential gas shortfall since 2016 as the market's mainstay gas source off the south coast is drying up, but the supply crunch is now rapidly approaching, the Australian Competition and Consumer Commission (ACCC) said."It is concerning that the risk of a gas supply shortfall in Australia's southern states continues…

Squadron Energy, the private company building Australia's first LNG import terminal, expects its Port Kembla facility in New South Wales to be ready to take its first gas shipment by the end of 2023, its commercial director said on Tuesday.Squadron Energy, owned by Australian mining billionaire Andrew Forrest, is vying against four other proposed LNG import projects looking to fill a shortfall in gas supplies expected in southeastern Australia from as early as 2024, and across eastern Australia from 2027.Earthworks at the Port Kembla site about 90 kilometers (56 miles) south of Sydney have bee