DOE Streamlines LNG Export Requirements
The U.S. Department of Energy (DOE) would now only require U.S. LNG exporters to report the country or countries of LNG deliveries, not country of end-use, to satisfy the DOE’s destination reporting requirement.Further, DOE announced additional efforts to streamline the reporting requirements for LNG export supply sales and contracts.“With the United States now being the world’s top producer of oil and natural gas, it is imperative that U.S. LNG companies have all the tools they need to get their American product into the international market,” said U.S.
Cheniere, Malaysia's Petronas Sign 20-Year LNG Pact
Houston-based Cheniere Energy Partners has signed a 20-year liquefied natural gas (LNG) supply deal with a subsidiary of Petronas, Malaysia's state-owned oil and natural gas company.Per long-term pact, Petronas agreed to buy about 1.1 million tons a year from the Sabine Pass facility, according to a statement Tuesday. That’s about a quarter of the sixth plant’s capacity. “Petronas is one of the largest and most experienced participants in the global LNG market, and we are pleased to have it as our newest foundation customer at Sabine Pass…
Vessel arrives at Cheniere's Corpus Christi LNG Plant
A liquefied natural gas (LNG) vessel, the Maria Energy, arrived at Cheniere Energy Inc's $15 billion Corpus Christi LNG export facility in Texas on Saturday, according to Reuters vessel tracking data.This is the second vessel to visit Corpus since Cheniere started producing LNG in November at the plant's first liquefaction train, a building-sized unit used to cool natural gas into LNG. It could be the first vessel to pick up a cargo there.Cheniere said the first vessel, LNG Golar Tundra, did not pick up LNG.
Bechtel, Cheniere Fires Up Corpus Christi LNG Production
The the largest construction company in the United States Bechtel has joined its customer Cheniere Energy to announce production of the first liquefied natural gas (LNG) from the Corpus Christi Liquefaction project in Texas.The leader in project management, engineering, procurement, and construction said in a press release that this production train at the Corpus Christi project is the latest of six trains that Bechtel has delivered with Cheniere at two sites on the U.S. Gulf Coast.The Sabine Pass Liquefaction project in Louisiana produced the first LNG from that site’s fifth train last week…
First U.S. LNG Cargo Since Trade Tariffs Arrives in China
A liquefied natural gas (LNG) cargo from the United States has arrived in China, the first such cargo since Beijing imposed a tariff on U.S. imports, shipping data from Refinitiv Eikon showed on Monday.The cargo was shipped on the tanker Ribera Duero Knutsen from the Sabine Pass terminal operated by Cheniere Energy .It arrived at the Zhejiang Ningbo LNG terminal in China on Nov. 11, the data showed.This is the first U.S. LNG cargo to be shipped to China since Sept. 10, according to the data. China imposed a 10 percent tariff on U.S. LNG in September.Reporting by Jessica Jaganathan
Orion Bags $10 Mln Dredging Contract
Specialty construction company Orion Group Holdings, Inc. said it has been awarded an approximately $10 million dredging contractThe deal was awarded to company’s marine segment from the U.S. Army Corps of Engineers for the dredging of the Sabine-Neches Waterway in Orange and Jefferson counties, Texas, including the lower reach of the Neches River, the Sabine-Neches Canal and Turning Basin and the Port Arthur Canal.The project is expected to begin late in the fourth quarter of 2018 with a duration of approximately six months.
Hoegh Gallant Leaves Egypt, Sets US Destination
Liquefied natural gas (LNG) tanker Hoegh Gallant has left its mooring in Egypt, where it had been used as a floating import terminal since 2015, and set course for the U.S. Sabine Pass production facility, according to Refinitiv Eikon data.Hoegh LNG said earlier this week it agreed an early termination of a contract with Egypt to use Hoegh Gallant as a floating storage and regasification unit (FSRU) and would instead charter the vessel to a third party as a regular LNG carrier.(Reporting by Sabina Zawadzki; editing by Jason Neely)
Cheniere Inks 15-year LNG Sales Pact with Vitol
Cheniere Energy Inc said on Monday that it signed a 15-year agreement to supply liquefied natural gas (LNG) to the world's largest oil trader, Vitol Inc.Cheniere said it will sell 700,000 tonnes of LNG every year to Vitol, starting 2018 and the purchase price will be pegged to the Henry Hub monthly average, plus a fee.The United States has become a major LNG exporter in the last two years, mostly due to the ramp up of Cheniere's Sabine Pass terminal in Louisiana. Houston-based Cheniere is also building the Corpus Christi terminal in Texas.
Eight Vessels Stalled at Sabine Pass Over Draft Restrictions
Eight vessels were stalled on Friday at the Sabine Pass Channel on the Texas-Louisiana border after 37-foot draft restrictions were put in place this week to allow search operations for a displaced pipeline, the U.S. Coast Guard said.One liquefied natural gas (LNG), one liquefied petroleum gas (LPG) and two oil tankers were waiting to leave the Sabine Pass, while one LNG and three oil tankers were waiting to enter the channel, a Coast Guard spokesman said on Friday.(Reporting by Liz Hampton; Editing by Chizu Nomiyama)
Ship Strikes Dredging Pipeline in Sabine Pass
Several vessels, including two oil tankers and one carrying liquefied natural gas, were stalled and unable to enter the Sabine Pass shipping channel near the Texas-Louisiana border due to draft restrictions, the U.S. Coast Guard said on Thursday.Port Arthur's Vessel Traffic Service implemented 32-foot restrictions on draft, or vessel depth, on Wednesday, after a 24-inch steel dredge pipeline was struck and pulled out to sea by a ship moving through the Sabine Pass Channel to the U.S. Gulf of Mexico, the Coast Guard said in a notice.As much as 1,000 feet of pipeline is missing, prompting the limits on vessel draft in order that surveys could be carried out to locate the displaced line…
Thyssenkrupp, GNYK Team Up for German Warship Tender
Thyssenkrupp Marine Systems and German Naval Yards Kiel (GNYK) have teamed up in the ongoing bidding process for a contract worth several billions of euros to build a new multipurpose warship for Germany, Thyssenkrupp said.The company, responding to a Reuters query, said that GNYK is participating as general contractor in the auction and that Thyssenkrupp Marine Systems would act as subcontractor if their bid is successful.RedaktionsNetzwerk Deutschland (RND), a group representing German newspapers, first reported that both shipbuilders had joined forces.The tender is for Germany's new MKS 180 warship, which is one of the German military's largest armament initiatives and designed to combat targets in the air…
4,000th Neopanamax Vessel Transits the Panama Canal
The Panama Canal registered the transit of its 4,000th Neopanamax vessel through the Expanded Canal, underscoring the steady growth of the burgeoning liquefied natural gas (LNG) segment – which began transiting the waterway for the first time following the inauguration of the Expanded Canal.The LNG tanker Maria Energy completed the milestone transit traveling southbound from the Atlantic to the Pacific Ocean on July 29."The steady increase in Neopanamax transits reflect our customers’ confidence in the Expanded Canal…
ZF Appoints New Board Members
ZF Friedrichshafen AG's Supervisory Board has appointed Sabine Jaskula and Dr. Holger Klein to the company's Board of Management.Jaskula, an experienced HR manager and lawyer, will be responsible for Corporate HR and Legal functions from latest January 1, 2019. In this function, she will also be in charge of compliance. Dr. Klein has been appointed to ZF's Board of Management with effect from October 1, 2018. His responsibilities will include Car Chassis Technology and Aftermarket (service and parts business).
Trafigura Strikes 3-year LNG Deal from U.S. Project
Commodity trader Trafigura on Tuesday said it agreed to buy 0.5 million tonnes of liquefied natural gas (LNG) annually over three years from the Freeport LNG export plant in the United States. Deliveries from Freeport LNG Marketing will begin in 2020 from its facility on Quintana Island near Freeport, Texas, Trafigura said. The deal builds on Trafigura's 15-year, 1 million tonne per annum agreement with Cheniere Energy for supply from its Sabine Pass plant in Louisiana, which was announced in January. Reporting by Oleg Vukmanovic
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.
Feedgas Flows into Sabine Pass LNG Export Plant Drop Again
Feedgas supplies into Cheniere Energy's Sabine Pass liquefied natural gas (LNG) export plant in Louisiana fell again after recovering briefly following a month-long maintenance shutdown affecting one of three production units, data showed on Tuesday.Input levels on the three pipelines serving the facility showed feed levels had fallen to 2,180 million cubic feet/day (mcf/day) on Tuesday after a fall and briefly recovering to a high of 2,860 mcf/day on Saturday.Current inflow levels suggest that the expected restart of the plant's third liquefaction train, or unit, had suffered a setback.Chenie
NYK LNG Carrier Rescues Sailors in Caribbean
Marvel Falcon, a liquefied natural gas (LNG) carrier owned by NYK, offered humanitarian assistance to four sailors requesting rescue on on May 13, said a press release from the company. The LNG carrier had been sailing from the port of Balboa, Panama, to the Sabine Pass LNG terminal in the U.S. state of Louisiana when the small boat was spotted. The rescued sailors had departed from Port Limon, Costa Rica, on May 7 to deliver fuel to another boat, but they experienced engine trouble on May 8 and had drifted at sea for the next few days.
Tokyo Gas Takes First LNG Cargo from Cove Point
Japan received its first shipment of liquefied natural gas (LNG) on Monday from Dominion Energy Inc's newly completed Cove Point export plant, the beginning of a jump in imports from the United States by the world's biggest buyer of the fuel.The docking of the tanker LNG Sakura at Tokyo Gas Co's Negishi terminal near Tokyo is another marker of shifting global energy flows as the United States ramps up exports of gas and oil from shale formations.The cargo is the first of 2.2 million tonnes of LNG a year Japanese companies are purchasing under long-term contracts from Cove Point in Maryland.
Panama Canal Welcomes Inaugural Transit of LNG Sakura
The Panama Canal welcomed the inaugural transit of the LNG Sakura as it carried the first-ever liquefied natural gas (LNG) shipment from the Dominion Cove Point terminal in the United States to Japan. The transit, which occurred this past weekend, marks the beginning of a new LNG commercial route between the United States and Asia from the recently inaugurated Dominion Cove Point terminal in Maryland, the second U.S. LNG export terminal to come online after Sabine Pass began operations in 2016.
Cheniere Mulls Third Liquefaction Train at Corpus Christi
U.S. liquefied natural gas (LNG) company Cheniere Energy Inc said it planned to make a final investment decision to build the third liquefaction train at its Corpus Christi LNG export facility in Texas in the first half of 2018:Cheniere said on Friday its Cheniere Corpus Christi Holdings LLC subsidiary engaged financial institutions to arrange up to $6.4 billion of credit facilities. The unit already has about $4.6 billion of existing credit facilities.Cheniere said it will use the credit facilities to fund a portion of the costs of developing…
Panama Canal LNG Volume Soars as Global Demand Grows
The Panama Canal may carry five times as much liquefied natural gas (LNG) in 2020 as it did last year as production of the fuel expands in the United States and Asian import demand rises, the head of the canal's governing agency told Reuters.LNG volumes traversing the Canal could hit 30 million tonnes a year before the end of 2020, said Jorge Quijano, who leads the Panama Canal Authority, up from 6 million tonnes last year.Demand for LNG has risen significantly in the last three years as the increase of supply…
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.
GAIL India to get 90 LNG Cargos from U.S. in 2018
India's state-owned GAIL (India) Ltd on Friday said it would be annually receiving about 90 cargoes of liquefied natural gas (LNG) from Sabine Pass and Cove Point LNG terminals in the U.S. GAIL has long-term deals to annually buy 5.8 million tonnes U.S. LNG. GAIL would be procuring about $2 billion worth of LNG per annum from USA from the fiscal year 2018/19. GAIL on Saturday received its first consignment of LNG from the U.S. under the long-term deals at Dabhol terminal in western India. Reporting by Nidhi Verma