Natural Gas Storage News

China's Hudong-Zhonghua Shipbuilding Group last week delivered its first 174,000 cubic-meter floating liquefied natural gas storage and regasification unit (LNG-FSRU).The 294 meters long LNG FSRU named Transgas Power was delivered to the Greek company Dynagas on Thursday, July 15.According to World Energy Reports, Dynagas ordered two LNG FSRU vessels – Transgas Power and Transgas Force back in 2016.Delivery of the first ship was initially scheduled for 2019, and the second ship in 2020, but was then delayed.Transgas Power has now been delivered.

The Nordic Investment Bank (NIB) and Lithuanian liquefied natural gas (LNG) and oil terminal operator AB 'Klaipedos Nafta' (KN) have signed a EUR 134.1 million (USD 148 million) loan agreement to optimize costs of LNG terminal.The 25-year maturity loan will be directed to finance the rent payable for the Floating Storage and Regasification Unit (FSRU).“Through this loan agreement we are continuing to support Lithuania´s security of energy supply, a strategically important objective for our member country”, said Henrik Normann, NIB President & CEO.Currently, the FSRU used for LNG import to Lithuania is leased from the Norwegian Höegh LNG on a ten-year arrangement that expires in 2024.

Nine or more tankers on the way or discharged into Asia, while at least five still holding LNG off Singapore.Several liquefied natural gas (LNG) cargoes that had been stored on vessels in Asian waters are now heading towards buyers' terminals in China, Japan or South Korea as spot prices for the super-chilled fuel have plunged this week to multi-month lows.At least nine LNG tankers are now on their way or have already offloaded cargoes to buyers after floating off Singapore, Malaysian or South China waters for up to two months…

Babcock International is celebrating the completion of its ‘first of its kind’ and the world’s largest liquefied natural gas (LNG) bunker supply vessel, M.V. Kairos, as it is delivered to Babcock Schulte Energy (BSE).BSE is a 50:50 joint venture between Babcock and Bernhard Schulte Shipmanagement (BSM)."This achievement follows the success in meeting a series of critical programme milestones after initial ship award in December 2016 and highlights the strength of the relationship between the two organisations," said a press release from the UK-based company.A major point in any shipbuilding project, the first cut of steel was completed in November 2017 at the Hyundai Mipo Dockyard in South Korea.

International classification and verification company RINA Services has performed the design approval for the world's largest Compressed Natural Gas storage plant in Grati, Indonesia. The CNG will feed the local 300 MW power plant. The plant, operated by Indonesia’s PT PLN (Persero), burns up to 15 million standard cubic feet per day (mmscfd) of gas from the CNG storage, driving three gas turbines. Adding a CNG plant to the existing power station tackles the issue of peak load demand. The CNG storage takes in pipeline gas when the plant is not at full capacity.

GDF sign significant agreements with Chinese partners for an LNG carrier charter, gas storage and regasification facilities. An agreement with the China National Offshore Oil Corporation (CNOOC) schedules the sub-chartering of the GDF SUEZ Cape Ann LNG carrier from October 2013 for a period of up to five years and a FSRU will be permanently moored in Tianjin and will become the first floating LNG import terminal in China. This delivery follows the signing in 2011 of a cooperation agreement on LNG floating storage and regasification units between GDF SUEZ and CNOOC. (Tianjin is located around hundred kilometers from Beijing and the FSRU will support this region’s growth). The technical service agreement signed with China National Petroleum Corp.

Hyundai Heavy Industries (HHI) announced it has developed a high performance Hyundai Membrane LNG Cargo Containment System. The shipbuilding giant’s new membrane type containment system for liquefied natural gas received Design Approval from classification societies including ABS and DNV. The containment system, useable for LNG carriers, LNG FPSO, LNG fueled vessel and LNG bunkering systems, features dual metal barrier and high performance insulation systems. The thin STS304L and Invar-alloy barriers…

ABB announce the Tropos 1410-HAZ wireless mesh router and wireless bridge, certified for use in hazardous environments. Tropos 1410 wireless mesh routers and wireless bridges create secure, IP-based field area communication networks serving thousands of automation endpoints such as intelligent electrical devices, industrial process controllers and SCADA devices. Designed to provide wireless communications for field automation applications, the Tropos 1410-HAZ is certified for use in Class I, Division 2 (US) and Class I, Zone 2 (US and Canada) hazardous locations. The certification allows, amongst others, the Tropos® 1410-HAZ to be deployed in locations such as the wellheads of oil and gas wells, oil and natural gas storage and processing facilities.

Wärtsilä was awarded a contract by shipbuilding company STX Finland Oy to supply additional equipment for the world's biggest LNG fuelled passenger ferry. The ship is to be built for Viking Line, a Finnish owner, and the extension contract covers onboard LNG (liquefied natural gas) storage and supply systems (LNGPac) and an advanced Compact Silencer System (CSS). Earlier in 2011, Wärtsilä had received an order to deliver four gas-fuelled main engines and propulsion machinery for the same vessel, which will sail the Baltic Sea between Turku, Finland, and Stockholm, Sweden.

This extension to the delivery contract awarded to Wärtsilä further contributes to the vessel being the industry’s most environmentally sound and energy efficient large passenger vessel to date. Wärtsilä, the marine industry’s leading solutions provider, has been awarded a contract by shipbuilding company STX Finland Oy to supply additional equipment for the world’s biggest LNG fuelled passenger ferry. The ship is to be built for Viking Line, a Finnish owner, and the extension…

Ship captains and pleasure boaters can now get free real-time information on water and weather conditions for Cherry Point, Wash., from a newly installed NOAA ocean observing system that makes piloting a ship safer and more efficient. The NOAA Physical Oceanographic Real-Time System (PORTS) at Cherry Point provides observations of tides, currents, water and air temperature, barometric pressure and winds. Collected from a variety of sensors in and around the port, the data is available online and by phone: 888-817-7794 (toll-free).

Chevron on Thursday is scheduled to hold its second open house for the public to learn about a proposed Pascagoula liquified natural gas terminal. The new depot would be located on 200 acres of unused industrial land within the current Chevron refinery complex. Bayou Casotte Energy, a subsidiary of Chevron, has not yet applied for permits for the project, which will include several major facilities including natural gas storage tanks, processing equipment and a ship docking area. The event at the Jackson County Civic Center from 5 to 8 p.m. is open to the public. (Source: Sun Herald)

Floridian Natural Gas Storage Company (FGS) has filed an application with the Federal Energy Regulatory Commission to build and operate a liquefied natural gas (LNG) storage facility in Martin County, Fla. The facility would be located on approximately 145 acres at the site of the former Florida Steel manufacturing facility about two miles (3 km) north of Indiantown. The project would include the initial construction of one nominal 190,000 cubic meter (6.7 MMcf) LNG storage tank, liquefaction systems, vaporization systems and two parallel pipelines, one to receive gas and one to send out gas, both approximately four miles (6.4 km) in length…

Post-hurricane production from The Devils Tower platform includes new subsea fields at Triton and Goldfinger. Located approximately 140 miles southeast of New Orleans, Devils Tower is deepest dry-tree truss spar in the world. Owned by Williams and operated by Dominion Exploration & Production, the spar has successfully weathered three major hurricanes. Dominion Exploration & Production employees recently celebrated their New Orleans homecoming with a crawfish boil held in front of the company's new offices -- the home of Dominion's offshore business unit. During the last two months, 210 employees and their families have returned to New Orleans from temporary housing in Houston.

The U.S. Navy could help scuttle plans of a developer that would have LNG tankers trolling through the Navy's torpedo test range in Rhode Island's Narragansett Bay, according to a report in the Boston Herald. Last month, the Naval Undersea Warfare Center asked federal regulators to reconsider the decision to approve a new liquefied natural gas storage facility in Fall River – which would get its LNG via giant ships passing through the bay. The developer, Weaver's Cover LLP, has criticized the center's intervention in the controversial case, saying it was made too late. The Federal Energy Regulatory Commission earlier this year temporarily put a freeze on all proceedings until it can decide whether it should rehear the Weaver's Cove LNG proposal.