Russian Arctic LNG Liftings Halved as Ice Impedes
Shipments from Russia's Arctic liquefied natural gas (LNG) plant picked up from late last week after maintenance and unseasonably thick sea ice impeded exports this month. The Boris Vilkitski LNG tanker left the area of the Yamal plant on Friday for France's Montoir terminal after spending more than a week idling fully-laden offshore. The Christophe de Margerie tanker, which had spent more than a week circling north of Yamal above the entrance to Ob Bay, went in over the weekend and appears to have loaded, according to ship-tracking data. It is now leaving the area.
Angola LNG Ramps Up Exports ahead of Maintenance
Angola's sole liquefied natural gas (LNG) project is stepping up exports of cargoes in the spot market ahead of maintenance, three industry sources said on Tuesday.The plant has issued several tenders in the spot market for LNG cargoes to load in May and June, the sources said.Angola's Soyo plant, which has a capacity of 5.2 million tonnes of LNG per year, will be undergoing a planned shutdown for maintenance in July, with production expected to resume in early August, a company spokeswoman said.The spokeswoman declined to comment on the plant's recent rise in exports…
US LNG Projects Buoyed by China Import Talks
China's interest in reducing its trade surplus with United States through increased energy imports could advance plans for U.S. liquefied natural gas (LNG) plants, said energy executives involved in developing new facilities.The White House and China on Saturday said a U.S. trade team would travel to China to explore new energy and agricultural deals. The joint communique lowered trade tensions, lifting stock markets in Asia and the United States on Monday.There are over two dozen proposed U.S.
Panama Imports Its First LNG Cargo
Panama has imported its first liquefied natural gas (LNG) cargo to commission the newly built $1 billion Costa Norte facility and power plant at Colon, expected to be a launch-pad for LNG trade across Central America.Many utilities in Central America and the Caribbean remain reliant on burning oil to generate electricity, but LNG offers a cleaner, cheaper and more efficient alternative.Shipping data shows the Engie-chartered Provalys tanker arrived last week, carrying a cargo exported from the Sabine Pass plant in Louisiana in March.AES Panama, a unit of U.S.
TOTE Delays Midnight Sun’s LNG Conversion
TOTE Maritime Alaska has adjusted its liquefied natural gas (LNG) conversion schedule, pushing back works on its RoRo vessel Midnight Sun by one year in order to align with the most recent timeline for Tacoma’s LNG-plant completion.Under the new schedule, Midnight Sun, which was originally scheduled to undergo phase 1 of the LNG conversion from mid-December 2018 through early-February 2019, will wait until 2019-2020 for the work to be performed.The new conversion schedule is as…
Russian Arctic LNG Debuts on NSR to Asia
A landmark Russian Arctic liquefied natural gas (LNG) shipment has begun its journey through the Northern Sea Route (NSR) to Asia, marking the delayed start of summer navigation as thawing sea ice clears a short-cut to the world's biggest LNG market. The $27 billion Yamal LNG plant developed by Russia's Novatek and France's Total despite U.S. sanctions started exporting in December, but cargoes ferried on ice-class LNG tankers have sailed to Europe. From there, Yamal's LNG was…
"Vladimir Rusanov" Completes First Eastern Transit
Mitsui O.S.K. Lines (MOL) announced that the Ice-Breaking LNG Carrier "Vladimir Rusanov", which is jointly owned by MOL and China COSCO Shipping Corporation, has successfully arrived at the Bering Strait. The vessel carried out a LNG loading operation in the Yamal LNG plant at Sabetta port, before sailing for the Far East via the Northern Sea Route on 25 June. The vessel safely arrived at the Bering Strait on 6 July, and is planning to call Jiangsu Rudong port in China for an unloading operation of its LNG cargo.
Novatek Ships First LNG Cargo to China via Arctic
Russian natural gas producer Novatek delivered on Thursday the first ever liquefied natural gas (LNG) cargo to China via the Northern Sea Route (NSR) alongside the Arctic coast, which drastically cuts delivery time to Asian consumers.The shipments of LNG from Yamal LNG project via the NSR to China cuts transportation time and costs in comparison to other routes such as Suez Canal.Novatek said a ceremony was held to commemorate the arrival of LNG tankers Vladimir Rusanov and Eduard Toll with cargo capacity over 170…
Sovcomflot's Pskov Loads First Cargo from Yamal LNG
The liquefied natural gas (LNG) carrier Pskov completed loading at the Port of Sabetta (YNAD), with the first cargo of LNG produced from the second high-tech production line at the Yamal LNG plant.August 08 marked the launch of the second production train at Yamal LNG, which happened six months ahead of schedule.Pskov is a state-of-the-art Atlanticmax LNG carrier with a cargo capacity of 170,000 cubic metres. She was built to order for Sovcomflot Group in 2014, to transport LNG under a long-term time charter agreement with Gazprom.
Ice-Breaking LNG Carrier Vladimir Rusanov First Call at PetroChina LNG Jiangsu Terminal
Mitsui O.S.K. Lines (MOL) announced that the Ice-Breaking LNG Carrier "Vladimir Rusanov", which is jointly owned by MOL and China COSCO Shipping Corporation Limited for the Yamal LNG project, made its first call at PetroChina LNG Jiangsu Terminal in China on 17 July.A ceremony celebrating this milestone was held on 19 July.At the end of March 2018, the vessel started transportation services for LNG produced by the Yamal LNG plant at Sabetta port in Russia. For its latest voyage…
LNG Carrier Completes Record Arctic Transit
An icebreaking liquefied natural gas (LNG) carrier has completed a record journey through the Northern Sea Route (NSR) in the Arctic.The Christophe de Margerie owned and operated by Sovcomflot (SCF Group) covered the distance of 2,360 nautical miles eastward through the NSR, from the port of Sabetta (Yamal Peninsula) to Cape Dezhnev (the Bering Strait), in seven days and 17 hours, a new record time for a merchant ship without icebreaker support during the month of July. Throughout the record-setting passage…
Teekay Speeds up ARC7 LNG Tanker Delivery
Teekay LNG Partners, part of the Teekay Corp group of companies, said on Thursday it had been asked to accelerate the delivery of an LNG tanker with Arctic credentials for the Yamal LNG project operated by Russia's Novatek.Yamal LNG project had ordered 15 ARC7 ice-class LNG tankers as the liquefaction plant ramps up productionFour ARC7 tankers had been delivered by the end of last year, including the Boris Vilkitsky, Fedor Litke and Vladimir Rusanov, which have been transporting LNG from Yamal since the start of operations at the end of last year"The Yamal LNG consortium has asked us to deliver our second ARC7 LNG carrier earlier than the scheduled November 2018 date…
Petronas Buys Stake in Canadian LNG Export Project
Malaysia's state-owned oil and gas company Petroliam Nasional Bhd said on Thursday it is buying a 25 percent stake in a Canadian liquefied natural gas (LNG) export project, nearly a year after cancelling its own planned terminal.The company, known as Petronas, scrapped plans to build a $36 billion ($28 billion) LNG export terminal in British Columbia last year over concerns of a glut in the market that led to depressed fuel prices.But surprisingly strong demand from China, South Korea and India has erased those concerns…
Thick Sea Ice Blocks Exports from Yamal LNG Plant
Thick sea ice is impeding Arctic shipments of liquefied natural gas (LNG) from Russia's newly-built export plant in Yamal, Russia's state-run nuclear-powered tanker company Rosatomflot said.Unseasonably severe ice conditions are also clogging routes to Asia through the Northern Sea Route (NSR), leading to the extension of the winter-spring navigation of Atomflot's nuclear ice-breakers, it said.The Novatek-operated LNG facility's fleet of LNG ice-breaking tankers aim to deliver gas to Northeast Asia along the NSR in summertime when ice sheets thin.In winter…
Crowley, Pivotal Reach Multi-Year LNG Supply Pact
Crowley Fuels has announced that it has signed another multi-year supply contract with Pivotal LNG to support a major pharmaceutical company’s energy needs in Puerto Rico. The contract, executed through Crowley subsidiary Carib Energy (USA) LLC, calls for Crowley to transport LNG from Pivotal facilities on the mainland to the island manufacturer. With Crowley’s supply chain solution, LNG is loaded into Crowley’s 10,000-gallon international shipping organization (ISO) containers at one of Pivotal’s LNG supply sources in the southeastern U.S.
LNG Heats Up Again as Market Changes: Russell
If you were looking for signs that the liquefied natural gas (LNG) merry-go-round is starting to spin a little faster, the announcement of a planned massive expansion in Papua New Guinea is ample evidence. Global majors Exxon Mobil and Total are considering plans to double LNG exports from Papua New Guinea to about 16 million tonnes per annum, their partner Oil Search said on Feb. 20. If approved, three new trains would be added to the existing Exxon-operated PNG LNG facility…
Start of Golar's FLNG in Cameroon May Draw More Africa Clients
Golar LNG said on Monday it had started production at its floating LNG (FLNG) platform in Cameroon, the world's second working example of the nascent technology and a milestone likely to boost its Fortuna project in Equatorial Guinea. As the cost of land-based LNG plants more than tripled in the decade to 2013, Golar pioneered the conversion of ageing LNG tankers into giant refrigerators capable of chilling gas into its liquid form at minus 162 Celsius. Natural gas when liquefied can be shipped and sold around the world on tankers, like oil. By starting up the pilot floating plant in Cameroon, Golar is removing uncertainty about the risks associated with squeezing equipment into a fraction of the space occupied by an LNG plant on land, shipping analysts and industry sources say.
Sovcomflot Better, Despite Challenging Year
PAO Sovcomflot (SCF Group), one of the world leaders in energy shipping and marine services to offshore oil and gas upstream projects, said that its gross revenue for the full year to 31 December 2017 grew by 3.4% to $1.43 billion. According to the statement, 2017 proved to be one of the worst years for the conventional tanker market in the last quarter of a century, with similar conditions experienced to those seen in 2011 and 1992. Conventional tanker freight rates fell by almost 50 per cent year-on-year…
Crowley Loads First Cargo at New Eagle LNG Plant
The first cargo of nearly 11,000 gallons of liquefied natural gas (LNG) was loaded at the new Eagle LNG Partners liquefaction facility located near Jacksonville, Fla. Crowley Maritime Corporation’s LNG group loaded the cargo into an ISO tank container and delivered it over the road to the Port of Jacksonville for ocean transport to support customers in Puerto Rico. “With the successful LNG tank container loading at the Eagle LNG Partners’ Maxville Facility, Crowley can offer even more flexible services and sourcing locations to supply customers with LNG as a cleaner, safer fuel source.
New Icebreaking LNG Carrier Enters Service
A new icebreaking liquefied natural gas (LNG) carrier jointly owned by Mitsui O.S.K. Lines, Ltd. (MOL) and China COSCO Shipping Corporation Limited (China COSCO Shipping) loaded its first cargo at the Yamal LNG plant in northern Russia. The 299m, 172,000m3 Vladimir Rusanov conducted it is first loading for Yamal LNG at Sabetta port on March 27 and 28. Vladimir Rusanov left South Korea’s Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) Okpo shipyard after her naming ceremony in December 2017 and headed to the Arctic Ocean through the Suez Canal for three weeks of ice trials.
First Cove Point LNG Lifting Departs Maryland
The first contractual liquefied natural gas (LNG) cargo from Dominion Energy Inc's newly constructed Cove Point LNG export plant in Maryland in the United States left the facility on Monday, Thomson Reuters Eikon ship tracking data showed. The cargo is expected to act as a drag on spot LNG prices <LNG-AS> as it coincides with the resumption of exports of the fuel from the Papua New Guinea LNG plant, which had been shut following a powerful earthquake. The 160,000-cubic metre LNG tanker Adam LNG left Cove Point on Monday with a draft of 91 percent, suggesting it was full, according to the data.
Chevron Greenlights Gorgon LNG Expansion
Chevron Corp will proceed with the second stage of its giant Gorgon liquefied natural gas (LNG) export plant off the northwest coast of Western Australia, the company said on Saturday.Chevron and its joint venture partners plan to sink 11 new wells in the Gorgon and Jansz-Io fields and build offshore pipelines and subsea structures to pipe the gas to the nearby 15.6 million tonne a year LNG plant on Barrow Island.The $54 billion Gorgon project came on stream in March 2016 but suffered numerous unplanned shutdowns in its early stages.Chevron declined to put a cost on stage two of the project…
Sri Lanka Approves LNG Plant Near Chinese-controlled Port
Sri Lanka's state-run investment body has approved a $500 million liquefied natural gas plant by China Machinery Engineering Corp near a Chinese-controlled port and industrial zone, the development strategies minister said on Friday.The state-run Board of Investment has approved investment projects worth $1 billion in the first quarter, Malik Samarawickrama said, the largest of which was the LNG project in Hambantota, where China Merchants Port Holdings controls a Chinese-built port on a 99-year lease.The port, which is leased for $1.12 billion, is near the main shipping route from Asia to Europe and likely to play a major role in China’s "belt and road" initiativeChinese control of Hambantota…