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Hammerfest LNG Production Resumes After Leak

Snøhvit

Production at Hammerfest LNG Production from the Hammerfest LNG plant has been resumed after a gas leak Sunday night. "We started run-up of the Hammerfest LNG plant Tuesday night, and the plant has now reached stable operation. All necessary repairs on the plant have been completed to ensure a safe and efficient start-up," says Knut Gjertsen, head of Snøhvit operations. The Hammerfest LNG plant was shut down Sunday night due to a gas leak in the processing facility. In connection with the plant run-up a condensate leak occurred which required extra time for the start-up preparations. The incident will be investigated by Statoil.


New Vladivostok LNG Terminal Project on Track

Rendering courtesy of Gazprom

At a recent meeting of Gazprom's Management Committee, Chairman Alexey Miller noted that the project was progressing rapidly and on schedule – the first train of an LNG plant will be commissioned in 2018. Gazprom explains that it aims to speed up new LNG projects in order to increase their share in the global gas market. Vladivostok-LNG is one of such projects.


LNG Plant Bids Accepted

An international consortium developing two oilfields off Russia's Sakhalin island invited three international groups to bid for a tender to build the world's largest liquefied natural gas plant. The Sakhalin energy consortium said in a statement the three were French Bouygues Offshore, French Technic with U.S. Foster Wheeler, and Japan's Chiyoda Corp. with Toyo Corp. The Sakhalin energy consortium is led by Royal Dutch Shell


Russian Yard Expects Arctic-class LNG Carrier Contract

United Shipbuilding Corporation may build four Arctic class LNG carriers for the Pechora LNG project in northern Russia. Developers of the project, Alltech's President Dmitry Bosov informed that preliminary agreements had been signed with Russia's United Shipbuilding Corporation for four ships with a deadweight tonnage of about 170,000 mt each, report Ria Novosti. The Pechora project includes development of the Kumzhinskoye and Korovinskoye fields in the Nenets Autonomous District


Marubeni to Participate in Peru LNG Project

Marubeni Corporation has signed the Sales and Purchase Agreement with SK Energy for the acquisition of 10% interest in the Peru LNG Project. The international project consortium for the project consists of Hunt Oil Company (50%) of the United States, SK Energy (20%) of Korea, Repsol YPF (20%) of Spain and Marubeni Corporation (10%) of Japan. This project, located on the west coast of Peru in the South America, has geographical advantage to supply competitive LNG products not only to the


Hammerfest LNG Plant Resumes Production

Hammerfest LNG Plant: Photo credit Statoil

The Norwegian LNG plant was shut down due to water ingress in natural gas driers, but is now back in production. Large amounts of natural gas are sent ashore and cooled down at Hammerfest LNG on Melkøya, the world’s most northerly and Europe’s first export facility for LNG from Snøhvit, the first petroleum development in the Barents Sea that has no installations above the sea’s surface.


Novatek Says Ships First LNG Cargo

Photo: NOVATEK

 Russia’s Novatek Gas & Power has supplied its first ever cargo of liquefied natural gas, marking the company’s first step into global LNG trading business.    The cargo was sourced from Trinidad & Tobago’s LNG plant in Point Fortin and delivered to the Quintero import terminal in Chile.   Deputy Chairman of Management Board - Commercial Director of NOVATEK Lev Feodosyev noted: “This first LNG cargo is an important milestone for NOVATEK


Total Seeking to Buy Stake in Iranian LNG Project

Photo: Total

 French oil giant Total held talks with Iranian officials about several projects in the country in 2016, notably a 10 million tonnes per year liquefied natural gas project (LNG), Reuters reported.  It has signed an agreement with Iranian authorities for a 50 per cent stake  in Iran’s South Pars gas field project which will developed at an investment of $4 billion.   Sources told Reuters in February that Total was in talks to buy a multi-billion dollar stake in


Skangas Aquires Risavika LNG

Photo: Skangas

 Skangas, a unit of Gasum, signed a deal with Lyse Group to acquire the Risavika liquefied natural gas (LNG)production facility in Norway.    The acquisition of the Risavika production plant will strengthen Skangas’s presence in the downstream of the LNG value chain and secure Skangas’s commercial position in the Norwegian market and North Sea.   The Risavika production plant has an annual production capacity of 300,000 tonnes of liquefied natural gas (LNG)


Second Australia Floating LNG Project Planned

Exxon Mobil plans to develop a floating liquefied natural gas project to develop the Scarborough field off the coast of Western Australia. Exxon, whose partner in the field is Melbourne-based BHP Billiton Ltd. (BHP), expects to make a decision on whether to go ahead with the floating LNG venture in 2014 or 2015, with the project starting production in 2020 or 2021, reports Bloomberg. In Australia, Shell is developing the Prelude floating LNG vessel -- expected to be as long as the Empire


Global LNG Deals Set Bullish Tone as Peru Export Halt Tightens Market

© Wojciech Wrzesien / Adobe Stock

Asian spot LNG prices stepped higher this week, shrugging off months of weakness, as Royal Dutch Shell replaced lost output from its Peru plant via spot markets and as a flurry of higher-priced deals surprised traders.   Peru's liquefaction plant suspended loadings for several weeks without


MOL Bags Yamal LNG Charter Contract for Four Ships

Photo: Mitsui O.S.K. Lines

 Mitsui O.S.K. Lines (MOL) announced it has signed a long-term charter contract for four liquefied natural gas (LNG) carriers with the tank capacity of 174,000m3, which will be delivered and serve on Yamal LNG project in 2019 and 2020 onward, through a wholly-owned subsidiary of MOL. 


Rosneft May Build LNG Plant in Far East on Its Own

Russian energy giant Rosneft may build a liquefied natural gas (LNG) plant in the far east using exclusively its own resources and gas reserves, Rosneft vice president Vlada Rusakova said on Thursday.   Rosneft and U.S. energy firm Exxon earlier announced plans to build an LNG plant in


ABS Approval for Chiyoda's Floating LNG Power Plant

 ABS informs it has granted Approval in Principle (AIP) for a floating liquefied natural gas (LNG) power plant and Floating Storage and Regasification Unit (FSRU) design concept developed by Japan’s Chiyoda Corporation,   “As the energy mix shifts and global demand for gas


Private Producer Aims to Ship Baltic's First Russian LNG Before Gazprom

LNG Gorskaya, a privately-owned Russian liquefied natural gas (LNG) producer, has launched a 340 million euro ($379 million) project to become the first LNG exporter from Russia's European coast, its CEO told Reuters. Russia expects to send LNG to Europe by the end of 2017 from its distant


MOL Mulls LNG Power Generation on Ships

Photo: Mitsui O.S.K. Lines

 Mitsui O.S.K. Lines (MOL) is exploring the possibilities to generate power from liquefied natural gas (LNG) aboard ships as a low-cost, environmentally friendly alternative to land-based plants.   According to a report on Nikkei


Caterpillar Marine Plans LNG Test Site

Photo: Caterpillar

With eyes on the future of liquefied natural gas (LNG) in the maritime sector, Caterpillar Marine said it will unveil a first-of-its-kind LNG test bed for gas-fuelled engines at its facility in Kiel, Germany where the company will aim to improve understanding of related technology and enhance its


Crowley to Supply LNG in Puerto Rico

Photo: Crowley

Crowley Maritime Corp.’s  liquefied natural gas  (LNG) services group has been awarded a multi-year contract to supply additional volumes of containerized, U.S.-sourced LNG to a major pharmaceutical company’s manufacturing plants in Puerto Rico.  


Australia Plans to Limit LNG Exports

© Carabay / Adobe Stock

Australia's conservative government unveiled a radical plan on Thursday to restrict exports of liquefied natural gas (LNG) at times when domestic shortages push up local prices, aiming to ease soaring energy costs for local manufacturers.  


May LNG Cargo Prices Fall on Waning Demand

File Image: a typical LNG carrier at sea (CREDIT: MISC)

Asian spot LNG prices edged lower this week amid thin trade for May cargoes and as focus shifts towards June supplies.   Spot prices for May delivery of LNG in Asia fell by 35 cents to $5.40 per million British thermal units (mmBtu), as interest for May cargoes weaken because most end-users


New ABS Guide Advances Industry FSRU Development

Depiction of the world’s first Floating LNG Liquefaction, Regasification and Storage Unit (FLRSU). FIle Photo: Marinelink

 ABS, a leading provider of classification and technical services to the marine and offshore industries, has published the ABS Guide for Building and Classing LNG Regasification Vessels, outlining guidance for classing LNG regasification vessels.  


ABS Published FSRU Development Guidance

ABS has published the ABS Guide for Building and Classing LNG Regasification Vessels, outlining guidance for classing LNG regasification vessels.   “ABS has developed this industry-leading guidance based on extensive experience with the classification of LNG carriers


New LNG Tanker Forges Path for Arctic Shipping

Photo: Sovcomflot

An ice-breaking tanker docked for the first time at Russia's Arctic port of Sabetta to test a new route that could open the ice-bound Arctic Ocean to ships carrying oil and liquefied gas.   The route is eagerly anticipated by energy firms that want to develop resources in the Arctic but


Russia Ramping Up Arctic LNG Production

Photo: Total

Russia may produce more than 70 million tonnes of liquefied natural gas (LNG) per year in its remote Arctic regions, the head of gas producer Novatek said on Wednesday.   "The Gydan and Yamal peninsulas have a vast resource base that allows the production of over 70 million tonnes (of


Total in Talks to Buy Iranian LNG Project

Total is in talks to buy a multi-billion dollar stake in Iran's partly-built liquefied natural gas (LNG) export facility, Iran LNG, seeking to unlock vast gas reserves. The French oil major -- the first of its peers to strike deals in Iran after sanctions -- seeks entry into Iran LNG at a






 
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