Lng Industry News

Inspection intervals for liquefied natural gas (LNG) carrier membrane tanks could be safely extended thanks to monitoring technology and predictive maintenance, according to a study led by GTT Group, Lloyd’s Register and Shell International Trading and Shipping Company Limited.The International Gas Carriers (IGC) Code and IACS UR Z16 rules require LNG carrier cargo tanks to be inspected internally every five years. This joint study explored whether this interval could be extended…

Qatar's planned expansion of liquefied natural gas (LNG) production could see it control nearly 25% share of the global market by 2030 and squeeze out rival projects including in the United States where President Biden paused new export approvals, market experts say.Qatar, one of the world's top LNG exporters, plans an 85% expansion in LNG output from its North Field's current 77 million metric tons per year (mtpa) to 142 mtpa by 2030, from previously expected 126 mtpa.Some market experts said that the move will have an impact on global projects in the United States…

QatarEnergy has named the first LNG carrier to be delivered as part of its new LNG fleet expansion program as Rex Tillerson, in recognition of the former Chairman and CEO of ExxonMobil, who also served as the 69th United States Secretary of State.During his 10-year term as Chairman and CEO of ExxonMobil, Tillerson oversaw the consolidation of relations with the State of Qatar and its energy sector, resulting in strategic partnerships and significant investments in Qatar’s LNG industry.While making his mark on the global energy scene…

Woodside Energy has reached agreement with three Australian maritime unions on the Australian crewing of an LNG vessel.The agreement with the Construction, Forestry and Maritime Employees Union – Maritime Union of Australia Division; the Australian Institute of Marine and Power Engineers; and the Australian Maritime Officers Union preserves a role for Australian-resident seafarers in the maritime industry delivering LNG to customers across Asia.The agreement will support employment of around 70 Australian-resident seafarers on an LNG carrier within Woodside’s chartered fleet.

Qatari oil and gas company QatarEnergy has ordered 17 "ultra-modern" LNG carriers from South Korea's HD Hyundai Heavy Industries (HHI).The deal, signed at a ceremony in Seoul, is valued at 14.2 billion Qatari Riyals (currently around $3,9 billion), and marks the start of the second phase of QatarEnergy's LNG ship acquisition program, which will support its expanding LNG production capacity from the North Field LNG expansion and Golden Pass LNG export projects as well as its long…

DNV has awarded an Approval in Principle (AiP) to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and its subsidiaries HD Hyundai Heavy Industry (HD HHI) and Hyundai Mipo Dockyard (HMD) for their new hydrogen system.HD KSOE aims to complete the development of the hydrogen carrier technology that enables large-capacity hydrogen transportation and storage by around 2030.HD KSOE's new system utilizes boil-off gas from hydrogen transport for a hybrid propulsion system, integrating hydrogen dual-fuel engines and fuel cells.

LNT Marine and Shanghai Merchant Ship Design and Research Institute (SDARI) received approval in principle (AIP) from ABS for the latest variant of their LNT A-BOX liquified natural gas (LNG) containment system, which is more than three times the size of the previous design.The new design is for a 175,000-cubic-meter (m3) LNG carrier, a significant increase in capacity from the earlier 45,000 m3 design installed on the pioneering ABS-classed Saga Dawn carrier for Saga LNG Shipping.The LNT A-BOX system features self-supporting IMO Type-A tanks mounted within an insulated hold space.

Shell PLC's LNG Canada export project in British Columbia plans to start building its proposed second phase with natural gas-powered turbines and switch to electricity as more renewable power becomes available, a top executive said, a decision that means the expansion project will initially generate high greenhouse gas emissions.LNG Canada, in which Japan's Mitsubishi Corp owns a 15% stake, is set to be Canada's first liquefied natural gas (LNG) export terminal. The first phase…

Nigerian company UTM Offshore has signed a front-end engineering design (FEED) contract for the development of an FLNG facility in Nigeria with JGC Corporation, Technip Energies, and KBR.This will be Nigeria's first floating liquefied natural gas (FLNG) facility. Africa currently has two FLNG units in operation, the Hili Episeyo in Cameroon, and, as of recently, the Coral Sul FLNG in Mozambique. In Nigeria, the FLNG unit will be used for development of offshore block OML  204.According to Chief Timipre Sylva…

Top U.S. LNG exporter Cheniere Energy Inc said it will repair and replace equipment at its Louisiana terminal after tests showed it exceeded newly-imposed hazardous emissions limits on certain known carcinogens, but the work will have no material impact on operations.A round of testing showed at least one of Cheniere's turbines at its liquefied natural gas (LNG) export terminal in Louisiana failed the new standards, while the turbines in Texas at the company's only other U.S.

Cheniere Energy Inc has asked the Biden administration to exempt it from limits on emissions of cancer-causing pollutants, arguing they would force the top U.S. exporter of liquefied natural gas to shut for an extended period and endanger the country's efforts to ramp up supplies to Europe, according to documents reviewed by Reuters.The request imposes an uncomfortable dilemma on President Joe Biden’s administration as it tries to balance efforts to slash pollution from the fossil…

Woodside Energy Group, Australia's top independent natural gas producer, sees liquefied natural gas (LNG) prices staying high for a few years as the market adjusts to supply disruptions after sanctions on Russia for its Ukraine invasion."With the invasion, we are seeing the world try to move away from Russian hydrocarbons and that means that demand for LNG from places like Australia is up," Woodside Chief Executive Meg O'Neill said."We do expect ... prices to remain elevated for the next year…

Early White House efforts to boost U.S. liquefied natural gas exports and cut Europe's reliance on gas from Russia after its invasion of Ukraine are proceeding slowly, because of concerns about climate change impacts, government and industry sources said.The Ukraine crisis has underscored Europe's dependence on Russia, which supplies about 40% of its natural gas used to heat homes and generate electricity, and the Biden administration has promised its allies it will help break…

Samsung Heavy Industries announced on November 18 that it successfully held a demonstration ceremony at the Geoje shipyard for "SENSE IV (SAMSUNG Enhanced Nitrogen Split Exapnsion IV)", SHI's in-house natural gas liquefaction system.The demonstration, which began on November 16, was attended by several major LNG producers and classification societies.The natural gas liquefaction system, called "An LNG plant on the sea," is one of the main processes of FLNG (Floating Liquefied Natural Gas)…

Qatar's state-run energy firm QatarEnergy, until recently known as Qatar Petroleum, has ordered six LNG tankers, four from Daewoo Shipbuilding & Marine Engineering (DSME) and two from Samsung Heavy Industries (SHI) in support of its North Field expansion project.Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, said: “We are pleased to take this further step with DSME and SHI, which have built 23 Q-Flex and 14 Q-Max LNG vessels for Qatar as part of our previous LNG expansion project.”Al-Kaabi further said: These orders…

Höegh LNG announced on Monday that its president and CEO Sveinung J. S. Støhle is resigning to purse a career outside of Norway.The Norwegian shipowner said Støhle gave his resignation notice on October 9 and that he will remain in his role until November 1.Thor Jørgen Guttormsen will act as interim president and CEO effective November 1 and until a permanent successor is appointed.An  LNG industry veteran with more than 25 years of experience in shipping and oil and gas, Støhle has worked for Höegh LNG since 2005. He served as director and chairman of the board of directors of Höegh LNG Partners LP since April 2014 but stepped down as a chairman when assuming the position as CEO of Höegh LNG Partners LP since August 2020.

Qatar Petroleum has ordered four new LNG carriers from Hudong-Zhonghua Shipbuilding Group, a subsidiary of China's CSSC, as part of its North Field expansion project."These four carriers are the first batch of orders in Qatar Petroleum’s massive LNG shipbuilding program, which will cater for future LNG fleet requirements for the North Field expansion projects as well as for existing vessel replacement requirements. This order is also the first ever placed by Qatar Petroleum or any of its affiliates with a Chinese shipyard for LNG ships…

The investment outlook for liquefied natural gas (LNG) has improved this year but project go-aheads will not match the bonanza of 2019, as the fight against climate change clouds the prospects for gas demand growth longer term.Renewed optimism as the industry emerges from the pandemic, rapidly rebounding oil and gas prices and a better economic outlook is building confidence in short and long term LNG demand in Asia and spurring companies to look at new LNG projects, most of which were shelved last year when prices slumped.However, they need to take into account the ever tighter carbon emissio

Qatar Petroleum said Tuesday it wouldn't be renewing its Qatargas 1 LNG joint venture with Total, ExxonMobil, Marubeni, and Mitsui.Upon the expiry of the relevant joint venture agreements on December 31, 2021, Qatar Petroleum will become the sole owner of 100% of the Qatargas assets and facilities.Established in 1984, Qatargas 1 is a joint venture between Qatar Petroleum and affiliates of Total, ExxonMobil, Marubeni, and Mitsui."QG1 was the pioneering LNG project to be developed in Qatar…

Malaysian oil and gas giant Petronas said Monday that its PFLNG Dua floating LNG facility has recently produced its first LNG. This is the company's second FLNG Unit, and its first deepwater FLNG facility.The PFLNG Dua is located at the Rotan gas field, 140km off Kota Kinabalu, Sabah, Malaysia. "In collaboration with its upstream Production Sharing Contract partner, PTT Exploration and  Production, it has successfully completed the subsea commissioning phase and achieved its first has on 6 February 2021…

GTT Training said Monday it has reached a training partnership agreement with Wavelink Maritime Institute (WMI) to facilitate the delivery of GTT Training’s liquefied natural gas (LNG) industry related courses at WMI’s training facility in Jurong, Singapore.The partnership includes the installation of GTT Training’s Liquid Gas Handling Simulator ‘G-SIM’ at the Wavelink Maritime Simulation Center and the co-sharing of expertise.The LNG handling and operations courses will be geared toward personnel involved with LNG carriers, terminals and LNG-fueled vessels.

China's Wison Offshore & Marine's 200K LNG Carrier (“200K-LNGC”) design has received Approval in Principle from DNV GL.Wison Offshore & Marine said its design offers "an enhanced cargo capacity and greater efficiency."Wison’s 200K LNGC with an overall length of 300 meters holds 200,000 cubic meters cargo capacity (Mark-III FLEX membrane tank). It would be equipped with a WinGD6×72DF dual-fuel engine with lower emission of NOx, SOx, and PM is designed to fit most harbors in Emission Control Areas (ECA)."We are very proud to cooperate with DNV GL…

Qatari state-owned oil and gas company Qatar Petroleum has signed a deal to reserve LNG ship construction capacity in China in a deal potentially worth more than $3 billion.QP said that the reserved LNG carrier construction capacity would be used for QP’s future LNG carrier fleet requirements, including those of its ongoing expansion projects of the giant offshore gas field North Field.Qatar Petroleum struck a deal with and Hudong-Zhonghua Shipbuilding Group Co., Ltd., a subsidiary of China State Shipbuilding Corporation Limited (CSSC).