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Texas LNG Gets Approval To Export LNG To FTA countries

Texas LNG’s liquefaction plan at its 110 acre complex at the Port of Brownsville

  Texas LNG LLC today announced that it has received authorization from the U.S. Department of Energy (DOE) to export domestically produced LNG to all existing, and any future, countries that have, or enter into, an FTA with the Government of the United States. DOE approval of FTA exports is an important component of the regulatory process necessary to develop Texas LNG's project on its 110 plus acre site with deepwater frontage to the Port of Brownsville shipping channel in Brownsville, Texas, USA. Under the DOE's order, Texas LNG has received authority to export on its own behalf and as agent for others, up to the equivalent of 100 Bcf/y (approximately 2 MTA) of domestically produced LNG.  The authorization is for a term of 25 years, commencing on the earlier of the date of first export or 10 years from the date the authorization is issued. Vivek Chandra, CEO of Texas LNG remarked, “Receipt of DOE FTA approval is a key regulatory milestone for the Texas LNG project. We thank the DOE for their analysis and approval of our application and look forward to receipt of non-FTA approvals in the near future. LNG exports will play an important role in the continued development of the US gas industry and our Texas LNG project will provide valuable employment and other economic benefits to Brownsville and the Rio Grande Valley region.”


Alaska LNG Gets Conditional Approval to Export

GASLINE Logo PMS

  The Alaska LNG project marks another significant milestone with today’s announcement by the United States Department of Energy that it has conditionally authorized the Alaska LNG Project LLC to export liquefied natural gas to non-Free Trade Agreement countries. The application to export up to 20 million metric tons per year of liquefied natural gas from Alaska for a 30-year period was submitted to the U.S. Department of Energy last July


NLNG Denies Project Delays

In response to press reports claiming delays, Nigeria Liquefied Natural Gas announced that its $5.7 billion LNG project is on schedule and is capable of fulfilling its contractual obligations, according to an AFX News report. NLNG has also taken measures to head off potential problems in the market, including a possible shortage in gas supply in 2006. The LNG project will supply much of the natural gas needs of Europe and the US in the coming decade. Source: AFX News


FERC Issues Notice on Calhoun LNG Project

The Federal Energy Regulatory Commission (FERC) issued a Notice stating that a draft environmental impact statement has been prepared for the Calhoun LNG project. The project proposes construction and operation of a liquefied natural gas (LNG) import terminal at Point Comfort, Texas. Source: HK Law


LNG Project Costs Rise 21%

Woodside Petroleum Ltd said costs for the planned phase five expansion of its North-West Gas liquefied natural gas project are estimated to have risen by 21 pct to 2.42 bln aud because of higher labor charges. The company, 34 % owned by the Royal Dutch Shell group, said the spike in costs is largely due to a sharp rise, internationally, in labor charges in the construction industry. Woodside operates the project and is a one sixth owner alongside Royal Dutch Shell.


Adani Offers Dhamra LNG Stake to IOC, GAIL

Gautam Adani, chairman and founder of the Adani Group. Photo: Adani Group

 Adani Group has offered 49% stake in its Rs. 5,000-crore ($750 million) Dhamra liquefied natural gas (LNG) project in Odisha to the state-owned oil and gas companies GAIL India and Indian Oil Corporation (IOC), according to a PTI report.     The company has written to the state-owned firms offering them 49% stake in the 5 million tonnes a year liquefied natural gas (LNG) import terminal planned at Dhamra.   


Funding Approved for China LNG Project

Newbridge Capital LLC, one of Asia's largest private equity funds, has signed an agreement to invest up to $200m in Xinjiang Guanghui's Liquefied Natural Gas project in China's northwestern Xinjiang region, an official with the Xinjiang Guanghui Group told XFN-Asia. Under the agreement, Newbridge Capital will initially invest $33.8m for a 24.99 pct stake in Xinjiang Guanghui LNG project and has the option to increase its share in the project to as much as 67 pct with an additional


Neptune LNG Project Secures Deep Water Port License

MarAd has decided to issue a deepwater port license to SUEZ Energy North America's subsidiary, Neptune LNG LLC to build, own, and operate the Neptune offshore LNG delivery system in Massachusetts Bay. Neptune is the first offshore LNG project on the United States' East Coast to reach this milestone. The Neptune terminal will be based on the LNG Shuttle and Regasification Vessel System (SRV) developed by Höegh LNG.


MOL Takes Delivery of LNG Carrier

Image: Mitsui O.S.K Lines Limited

 Mitsui O.S.K Lines Limited (MOL) has taken delivery of the LNG carrier Papua built by Hudong-Zhonghua Shipbuilding Company.  The Papua is the first in a series of four vessels to provide LNG transportation for the PNG LNG project in Papua New Guinea and the Gorgon LNG project in Australia.    MOL will operate the Papua ship under a long-term charter for the PNG LNG project, which is operated by ExxonMobil.  


LNGL Raises A$174 mi for N. American Projects

Liquefied  Natural  Gas  Limited  announced the placement of 40 million fully paid ordinary shares in the capital of LNGL, which has raised A$174 million before costs (Placement). Use of Proceeds The proceeds of the Placement will be used towards:  Commencement of an Early Works program at the proposed 8 mtpa Magnolia LNG (MLNG) project following receipt of the timeline established in the Federal Energy Regulatory Commission (FERC) Schedule of Environmental


Aqualis Lands Audit Work for LNG Carrier

Offshore marine and engineering consultancy Aqualis Offshore, part of Oslo-listed Aqualis ASA, said it has been contracted by Hyundai Samho Heavy Industries Co. Ltd to provide an engineering study of a new-build liquefied natural gas (LNG) carrier the yard is constructing for Teekay LNG.  


Stena Drilling Extends Inspection Contract with Sparrows

Stena Don (Photo: Stena Group)

Sparrows Group has been awarded a three-and-a-half-year extension to its inspection services contract for Stena Drilling’s global fleet of drilling vessels. The contract scope includes carrying out LOLER lifting gear surveys, potential dropped objects surveys


IFC, Excelerate Secure Finance for Bangladesh First LNG Terminal

Photo: Excelerate Energy

 IFC, a member of the World Bank Group, and Excelerate Energy Bangladesh Limited (Excelerate) are co-developing the Moheshkhali Floating LNG project – Bangladesh's first liquefied natural gas (LNG) import terminal.    The project will be located offshore Moheshkhali island


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


‘Natural Gas Operating Fleet’ Concept Receives AiP

Sanjay Verma, Wärtsilä; Jim Smith, Lloyds Register; and Zhao Zhijian, CHI with the Natural Gas Operating Fleet concepts AiP Certification (Photo: Wärtsilä)

Wärtsilä and COSCO shipping Heavy Industry Co (CHI) have announced the joint development of a natural gas operating fleet concept, and this design has now obtained Lloyd's Register's (LR) Approval in Principle (AiP) certificate. The development project was carried out under the terms of


Essar to Develop LNG Terminal at Haldia

Photo: Essar Official FB Page

 India's Essar Ports has won a contract to build the first liquefied natural gas (LNG) terminal in West Bengal  under the Kolkata Port Trust (KoPT) at an investment of Rs 450 crore (USD 70 million).   A Press Trust of India report said that the LNG project is expected to be


Sovcomflot Launches LNG-Powered Ships

Photo: PAO Sovcomflot

Russia’s biggest tanker operator will launch four new vessels in 2018 that will run on liquefied natural gas (LNG), Bloomberg reported.   Sovcomflot’s Aframax ships, capable of carrying 600,000 barrels of oil through the Baltic Sea to the port of Rotterdam


ABB Opens Two-stage Turbocharging to a Wider Market

Forthcoming marine application of Power2 800-M (Photo: ABB Turbocharging)

ABB Turbocharging will launch in mid-2017 a new frame size for its two-stage turbocharging solution, Power2 800-M, extending the benefits of high pressure ratios, increased turbocharging efficiency and fuel savings to a wider scope of medium-speed engine configurations, the manufacturer said.


MOL Delivers LNG Carrier CESI Beihai to SINOPEC

Photo: Mitsui O.S.K. Lines

Mitsui O.S.K. Lines (MOL) today announced that the LNG carrier CESI Beihai-ordered by a joint venture of MOL, China COSCO Shipping Corporation Limited (China COSCO Shipping), and China Petroleum & Chemical Corporation (SINOPEC)-was delivered at Hudong-Zhonghua Shipbuilding (Group) (Hudong) in


Qatargas to Supply LNG to Shell

Photo: Qatargas Operating Company Limited

 Qatargas and Shell have signed a memorandum of understanding (MOU) that will lead to the two companies jointly researching liquefied natural gas (LNG) logistics.  Through this joint logistics research collaboration, Qatargas and Shell aim to develop new ways to optimize supply chains


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


Golar, Delfin to Jointly Develop US FLNG Project

A joint development agreement between Delfin Midstream and Golar LNG Limited will see the two jointly develop the Delfin LNG project off the coast of Cameron Parish, La.   The joint development agreement will facilitate the financing, marketing, construction


Novatek Aims to Topple Qatar from LNG Top Spot

File photo: Novatek

Russian gas producer Novatek aims to topple Qatar as the world's biggest exporter of liquefied natural gas as it gets closer to completing its first LNG project, a top executive said, batting away concerns about U.S. sanctions on the sector.  


NYK, Kyushu Electric Power Partner on LNG Transport

Grace Barleria (Photo: NYK)

Japanese firms NYK and Kyushu Electric Power Co. Inc. say they have reached an agreement to partner in various fields, including liquefied natural gas (LNG) transport.  According to NYK, the agreement will allow Kyushu Electric Power to use vessels from the shipping company’s fleet


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. 






 
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