Lng Regasification News

Shell and Greece’s METLEN have signed a memorandum of understanding (MoU) to establish a framework for cooperation in the supply and trading of liquefied natural gas (LNG).Under the agreement, the two companies plan to supply and trade approximately 0.5 to 1.0 billion cubic metres (bcm) of LNG per year over the five-year period from 2027 to 2031.Deliveries are expected to be made to the Greek LNG regasification terminals at Revithoussa and Alexandroupolis.The MoU also envisages…

Wärtsilä Gas Solutions, part of technology group Wärtsilä, has been contracted to supply a regasification module for Höegh Evi, which will be installed onboard the LNG carrier Hoegh Gandria to convert the vessel to a high-capacity floating storage and regasification unit (FSRU).When converted, the Hoegh Gandria will be deployed in the port of Sumed, Egypt.It will supply the Egyptian Natural Gas Holding Company with up to 1,000 mmscf/day of peak LNG regasification capacity, making…

U.S. energy company New Fortress Energy (NFE) has executed a three-year charter agreement for the Energos Freeze floating storage and regasification unit (FSRU) with Energía 2000 in the Dominican Republic.The 125,000 m3 Energos Freeze FSRU will be deployed to Energía 2000 S.A.’s LNG import terminal located at the port of Pepillo Salcedo (Manzanillo).The FSRU is expected to start operations in September 2025. It will provide critical LNG regasification services to support power…

Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, a liquefied natural gas (LNG) regasification terminal and power plant.The study assessed site suitability, project design requirements, capital and operating costs, financial viability, financing options, climate resilience, and implementation and construction plans.Beginning with a site assessment that focused on the landscape of the area, regulatory restrictions and accessibility, the study…

Offshore LNG infrastructure company Energos Infrastructure has completed the acquisition of two floating storage and regasification units (FSRUs) from the affiliates of Greek Dynagas.The two 174,000 m3 closed-loop FSRUs, built in 2021, will be renamed Energos Force and Energos Power, said Energos Infrastructure, a joint venture majority-controlled by Apollo and minority shareholder New Fortress Energy.Earlier in 2023, the FSRUs commenced long-term charter contracts with the German…

New Fortress Energy said Monday it had executed a definitive agreement to charter the Floating Storage and Regasification Unit (“FSRU”) Energos Winter from Brazil's Petrobras starting in December 2023. The FSRU Energos Winter will be immediately deployed to Terminal Gas Sul (“TGS”), NFE’s newest LNG import terminal in Santa Catarina, Brazil, which will start commercial operations ahead of schedule in January 2024.“We are extremely pleased to reach this agreement with Petrobras and begin operations at the TGS terminal in Santa Catarina, Brazil ahead of schedule in January 2024.

Malaysia's MISC has entered into a binding Heads of Agreement (HOA) with Pengerang LNG (Two) Sdn. Bhd. (PLNG2SB), a subsidiary of PETRONAS Gas Berhad (PGB), for the supply, operation, and maintenance of a Liquefied Natural Gas (LNG) Floating Storage Unit (FSU)intended to be deployed at the PETRONAS LNG Regasification Terminal Pengerang (RGTP) in Johor."This project is a continuation of the collaboration between MISC and PGB in 2012 that brought about the successful deployment of FSU Tenaga Satu and FSU Tenaga Empat at the LNG Regasification Terminal Sungai Udang…

Höegh LNG said Thursday it had signed a binding 10-year charter with the German government for the supply of the floating storage and regasification unit (FSRU) Hoegh Gannet.The FSRU vessel will be based at the Deutsche Energy Terminal GmbH-run Elbehafen LNG project in Brunsbüttel. The Elbehafen LNG project is developed by RWE and its subsidiary Elbehafen LNG in close cooperation with its partners, Höegh LNG. "We are proud to sign the second contract with the Federal Government…

Canadian headquartered shipowner Seapeak on Thursday announced it has completed its previously announced acquisition of Danish shipping company Evergas from France-based Jaccar Holdings.Evergas, previously comprising Greenship Gas Trust and Greenship Gas Manager, is one of the world’s leading seaborne transporters of petrochemical gases and natural gas liquids (NGL).The cash deal, worth approximately $700 million, was announced in October and will see Evergas rebrand and operate as a wholly-owned subsidiary of Seapeak. Through the acquisition, Seapeak will add two very large ethane carriers (VLEC) and eight multigas/liquefied natural gas (LNG) carriers to its fleet.Seapeak…

As demand grows for liquefied natural gas in Europe in the wake of the war in Ukraine, Greece has relied heavily on its sole LNG terminal off Athens to replace Russian gas imports.Now it is looking to build new floating storage and regasification units (FSRUs) that could be operational by 2024.Here is information on the Revithoussa terminal and other planned projects:REVITHOUSSAGreece's sole operational LNG regasification and storage terminal on the Revithoussa islet off Athens…

Atlantic, Gulf & Pacific International Holdings (AG&P) said Sunday that it had converted the 137,512 cubic meter LNG carrier called ISH into a Floating Storage  Unit (FSU), which will be a part of an LNG import terminal in the Philippines from 2023."The ISH is a central component of the first Philippines LNG Import Terminal (PHLNG). Ready to be docked at AG&P's PHLNG facility in Batangas, the FSU is part of the combined offshore-onshore  import terminal that will have an initial capacity of 5 million tonnes per annum (MTPA).

U.S.-based LNG firm Excelerate Energy said Thursday that it had signed a term sheet with ENGIE for the deployment of a floating storage and regasification unit (“FSRU”) that will provide flexible and secure LNG regasification capacity for Germany as it continues to seek alternatives to Russian pipeline gas supply.Under the proposed agreement, Excelerate would deploy an FSRU from its integrated fleet to provide regasification services for a period of five years at Germany’s fifth planned LNG import terminal…

Excelerate Energy said it has signed a memorandum of understanding (MOU) with Engro Eximp FZE, a subsidiary of Engro Corporation, to evaluate the possibility of establishing a regasified liquefied natural gas (LNG) marketing business with maximum participation from Pakistan’s private sector."This collaboration has the potential to increase the private sector’s participation in Pakistan’s LNG sector and enhance Pakistan’s energy security by opening new regasified LNG supply avenues for businesses and consumers," Excelerate said.

Italian gas group Snam has agreed to buy Golar LNG's floating storage regasification unit (FSRU) Golar Tundra for $350 million.The Golar Tundra can operate both as an LNG carrier and as an FSRU. The vessel, built in 2015, has a storage capacity of around 170,000 cubic meters of LNG and a continuous regasification capacity of 5 billion cubic meters per year.In order to maximise its regasification capacity, the vessel will be located in central-northern Italy, close to the areas with the greatest gas consumption. The Golar Tundra is expected to start operations as an FSRU during the spring of 2023, subject to the completion of authorization…

GAS Entec has completed the conversion of a 125,000m³ LNG carrier into an FSRUfor KARMOL, a joint-venture between Turkey's Karpowership and Japan's Mitsui OSK Lines (MOL), for deployment in Senegal.The company, a subsidiary of Atlantic Gulf & Pacific International Holding (AG&P), has converted the LNG carrier into an 84 mmscfd Modular Floating Storage and Regasification Unit (M-FSRU) with the capacity to scale from 15 to 300 mmscfd per unit."This M-FSRU is the world's first modular floating LNG regasification terminal…

Fears of gas supply interruptions due to Russian gas export constraints are driving interest and demand for floating regasification terminals, with contracting activity for oil and gas floaters also being quite active, World Energy Reports said in April 2022 Floating Production Systems Report. Tensions in East Europe and Covid outbreak in China continue to rattle the energy sector. Oil prices remain above $100, despite efforts to lower prices by releasing crude from strategic reserves…

Shipping company Teekay LNG has rebranded as Seapeak following the completion of its acquisition by U.S.-based investment firm Stonepeak.One of the world’s largest independent owners and operators of liquefied natural gas (LNG) carriers, Teekay LNG announced in October that it entered into a merger agreement that would see Stonepeak acquire all issued and outstanding common units representing limited partner units in Teekay LNG, and its common un it holders voted to approve the deal in December.

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.

Delta Offshore Energy (DOE), a company working to develop the 3200 MW Bac Lieu LNG-to-Power Project in Vietnam, has said that model testing of the LNG receiving terminal technology has been successfully completed.As previously reported DOE Delta Offshore Energy (DOE) in September 2020 signed a technology license agreement with Stena Power & LNG Solutions, under which Stena agreed to grant DOE a license to use its Jetty-Less LNG receiving and regas technology for the offshore LNG…

Excelerate Energy will deploy one of its FSRUs in Bahia, Brazil, having recently successfully concluding negotiations with Petrobras over the tender process for the lease of the Bahia Regasification Terminal.Excelerate will deploy one of its existing Floating Storage and Regasification Units (FSRU) for service at the Bahia Regasification Terminal, start importing LNG and selling regasified natural gas to its Brazilian customers, once the financial and legal qualification and certification stages have been concluded and all necessary regulatory approvals have been obtained.Steven Kobos…

Norwegian group Crown LNG has signed a deal with Aker Solutions as the main contractor to deliver a concrete gravity-based structure (GBS) for Crown’s offshore LNG terminal at Kakinada, India.Under the agreement, Aker Solutions and key subcontractors will first conduct the front-end engineering and design for the LNG terminal. Aker Solutions’ scope includes technical development of the concrete foundation and topsides, as well as the pipeline between the offshore regasification terminal and the onshore gas grid.

The Ertuğrul Gazi Floating Storage and Regasification Unit (FSRU) for was delivered recently from South Korea to Turkey's BOTAŞ Petroleum Pipeline Corporation (BOTAS), the classification society ABS has informed.Built by Hyundai Heavy Industries in accordance with the ABS Guide for Building and Classing LNG Regasification Vessels, the 295-meter-long Ertuğrul Gazi, which has a capacity for 170,000 m3 of LNG, is now undergoing final regasification trials on site before starting operations…

Delta Offshore Energy (DOE), a company developing an offshore gas to power project in Vietnam, has signed a technology license agreement with Stena Power & LNG Solutions.Under the agreement, Stena will grant DOE a license to use its Jetty-Less LNG receiving and regas technology for the offshore LNG to power project located in the Bac Lieu Province in Southern Vietnam.DOE will employ Stena’s floating Jetty-Less Autonomous Transfer System (ATS) and Self-installing Regas Platform…