Excelerate Sequoia FSRU Starts Operations in Brazil
Excelerate Energy has started natural gas deliveries to the Brazilian market at the Bahia Regasification Terminal (TR-BA) in Salvador, Bahia, in Brazil.Excelerate's floating storage and regasification unit (FSRU) Excelerate Sequoia, which has an LNG storage capacity of 173,400 cubic meters, is providing regasification services at TR-BA. The terminal has a regasification capacity of up to 700 million cubic feet per day.Excelerate and Petrobras signed the lease contract for TR-BA on September 28, following a competitive international tender process.
Yamal LNG Shipped First LNG Cargo to Spain
Yamal LNG has shipped the first cargo of liquefied natural gas (LNG) to Spanish company Gas Natural Fenosa under a long-term offtake agreement, a press release from PAO Novatek said. The 170 thousand cubic meter Arc7 ice-class LNG carrier “Fedor Litke” unloaded the first cargo in the port of Mugardos in accordance with the lifting and delivery schedule. Annual sales volumes according to the 24-year long-term offtake contract are 2.5 million tons of LNG, which equals to more than 3 billion cubic meters of natural gas. Novatek's Chairman of Management Board Leonid Mikhelson noted: "The first LNG tanker shipped today to Gas Natural Fenosa…
Hints Of Possible Deal On Ukraine Gas Emerge At G20
emerged at a meeting of G20 finance chiefs this week that a deal in which Moscow eases its stance might be in the works. sidelines. for gas and said it awaits $2.2 billion in unpaid bills. Ukraine if payments don't start coming, but between the now-standard lines he signalled some room for maneuver. "We do not want to escalate tensions with Ukraine. journalists when asked about the gas dispute. "But it requires a decision of the Ukrainian authorities, support of the European Union colleagues. down and discuss this issue. States were bearing fruit. U.S. international efforts to ensure a free flow of energy and trade. territory. Their bosses, President Vladimir Putin and Chancellor Angela Merkel, on Friday signalled a need for a common approach. supplies.
Oregon LNG Completes Navigation, Docking Simulation
Oregon LNG completed a navigation and docking simulation for three liquefied natural gas (LNG) tanker sizes at the Pacific Marine Institute in Seattle, Wash. The company says the simulation demonstrates that its proposed LNG site on the Skipanon Peninsula in Warrenton, Ore., can accommodate the 148,000 cubic meter (5.2 MMcf), 216,000 cubic meter (7.6 MMcf), or Q-Flex tanker, and the 266,000 cubic meter (9.4 MMcf) Q-Max tankers. The Oregon LNG project is undergoing permitting processes with the U.S. Coast Guard and the Federal Energy Regulatory Commission. Oregon LNG expects those permits to be issued by early 2009 and expects to begin natural gas deliveries by late 2012.
EU, Norway Eye Arctic Oil, Gas Deposits
EU and Norway’s energy officials met in Brussels on August 30 to examine ways of strengthening a bilateral energy dialogue launched in 2002. Short-term issues include increasing Liquefied Natural Gas (LNG) deliveries to Europe as well as the planned opening in October 2006 of the "Britpipe" linking Sleipner in Norway to Easington, UK. By 2015-2020, natural gas deliveries from Norway are expected to grow from 85 billion cubic meters to 120 bcm, EU officials said. However, talks on longer-term exploitation of the expected huge oil and gas reserves in the Arctic will probably attract most attention. The region is believed to hold 25 percent of the earth's hydrocarbons, according to the US Geological Survey.
