ENGIE, Wärtsilä to Develop Small Scale LNG Markets
ENGIE has signed a Memorandum of Understanding (MoU) with Wärtsilä, a global leader in advanced technologies and complete lifecycle solutions for the marine and energy markets to develop solutions and services in the small scale LNG business. The cooperation covers four work streams: LNG for ships, LNG distribution in islands and remote areas, LNG to Power solutions and small scale LNG and bio liquefaction. Both ENGIE and Wärtsilä are committed to work for a low-carbon economy and shifting from coal or diesel towards LNG-solutions is an important step in the right direction. Through this partnership, both companies will share Wärtsilä’s technical expertise and Engineering Procurement and Construction capabilities and ENGIE’s technical expertise…
Fosmax Mulls LNG Bunkering at Fos Cavaou
France's Fosmax LNG has announced that it is considering making short/medium-term investments to modify its existing facilities to make them capable of receiving both existing and planned small scale LNG vessels at the Fos Cavaou LNG terminal, near Marseille. Fosmax, a unit of Engie’s Elengy, says that while the use of small-scale Liquefied Natural Gas (LNG) is generally growing as both a marine and road fuel, as well as to power industrial sites, in the Mediterranean basin the growth prospects for LNG are mainly driven by the development of LNG as a marine fuel.
DNV GL to Study Risks of Small Scale LNG Bunkering
In order to better understand the consequences of an accidental liquefied natural gas (LNG) release, DNV GL has been asked by the industry to initiate a Joint Industry Project (JIP). It will be run in collaboration with E&P companies and LNG market stakeholders. The JIP will contribute to the development of rigorous safety standards and guidelines for small scale LNG bunkering and filling stations. Other E&P and energy companies still have time to join the project. LNG is evolving…
Litgas, Statoil JV to Develop Baltic Sea LNG
Natural gas supply and trading company Litgas, part of Lithuania's state owned energy holding Lietuvos Energija, and Statoil, leading global energy company in oil and gas production, signed a memorandum of understanding (MoU) on July 2nd in Vilnius, Lithuania regarding establishment of a joint venture company in Lithuania to develop small scale LNG bunkering services. The new joint venture company is planned to be established in Lithuania later this year and would supply LNG as a fuel to ships, small terminals in the Baltic Sea, and transport LNG by trucks to on-shore customers.
Skangas, Statoil Pact for LNG Reload at Klaipeda
Skangas signed an agreement with Statoil, the Norwegian oil and gas company, for a small-scale LNG reload to take place at the Klaipeda LNG Terminal in Lithuania. The reload will take place early January 2017. This will be the first reload conducted at the terminal and it is the first time Skangas source LNG from Statoil. Skangas eyes this a natural next step to further increase the support for the development of the small-scale market in Northern Europe. Adding this Terminal increases possibilities and competition, which also gives security of supply and all parties’ better opportunities.
First Skangass LNG Loading in Zeebrugge
LNG was loaded aboard Anthony Veder's Coral Energy, the Skangass time chartered ship, at the Fluxys LNG Terminal in Zeebrugge, marking the first Skangass loading at Zeebrugge under the recent agreement between Skangass and energy company Eni. Skangass and Eni entered an agreement for small scale LNG, securing the small scale LNG availability in the Nordic markets and supports EU programs for clean industry. The Coral Energy carried the LNG to Skangass' receiving terminal in Lysekill, Sweden to be distributed by pipeline or trucks. Skangass is continuously developing the LNG infrastructure in the Nordic markets. A new receiving terminal is under construction in Pori, Finland that will be completed in 2016.
Gazprom, Gasunie Sign Framework Agreement - LNG
At a Meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Han Fennema, CEO and Chairman of the Executive Board of Gasunie a Framework Agreement on cooperation in the area of small scale LNG was signed by the two parties. The document stipulates the cooperation in the small scale LNG market in Europe, with a focus on joint projects for the construction of LNG receiving terminals, LNG filling stations and other infrastructure facilities. The parties also…
GTT to Present at Gastech 2014
Every 18 months, Gastech is held for the stakeholders involved in the field of natural gas, providing an opportunity to meet energy professionals from all around the globe. For the seventh consecutive time, GTT will be present with a booth at the 2014 edition of Gastech in Seoul, Korea, which is taking place from March 24-27. The focus of the GTT presence will be on new technological developments, Small Scale LNG carriers, LNG fuel Tanks and Services. Please visit us at our booth G60. On the occasion of the CoTE Seminars, GTT experts will also give two lectures: Alternatives for LNG Tank Commercial Vessels-some innovative designs, on March 25 at 2:55 p.m. Advances in GTT Membrane type tank design for large & small scale LNG carriers, on March 26 at 11:10 a.m.
Waller Marine to Develop New LNG Terminal Facility
Waller Marine, Inc., through its LNG development subsidiaries, Waller Energy Holdings, LLC and Waller LNG Services, LLC, (the Company) has initiated activities on its first natural gas liquefaction (LNG) facility to be constructed on a 175 acre site the Company has acquired at the entrance point of the Calcasieu Ship Channel in Cameron Parish in Southwest Louisiana. Using small-scale liquefaction technology, the Company plans to install nominal 500,000 gallon per day LNG trains in phases as the market and demand for marine LNG fuels inevitably expands.
GTT to Exhibit at Euromaritime
Gaztransport & Technigaz (GTT), a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), will exhibit at Euromaritime, the European Marine Business Show, from February 3-5, 2015 in Paris, Porte de Versailles. As a biennial event, Euromaritime gathers the experts from the entire marine industry during three days of meetings and workshops. The second edition of the exhibition will allow GTT to present its latest technologies and associated services, the company said, adding that its new developments for Small Scale LNG carriers and LNG fuel Tanks demonstrate its commitment to the European shipping market.
EC Approves Aid for Finland's First LNG Terminal
The European Commission has approved under EU state aid rules Finland's plans to grant €23 million to construct a small scale LNG terminal at Pori on Finland's west coast. The European Commission has concluded that Finland's plans to grant €23 million of public funding for the construction of a small scale LNG terminal at Pori, in the Satakunta region on Finland's west coast, are compatible with EU state aid rules. The project aims to encourage the use of LNG as fuel for ships, in place of fuel oils and liquefied petroleum gases.
US Seeks Faster Approval of Small-scale Natural Gas Export
The United States is proposing to speed up approval of small-scale exports of natural gas, including liquefied natural gas (LNG), the U.S. Department of Energy said in a statement released on Friday. The department said the proposed rule would "expedite the review and approval of applications to export small amounts of natural gas in the emerging small-scale LNG export market," which it said includes the Caribbean, Central America and South America. To date, most applications for export approval have been for larger-scale natural gas exports…
Stolt-Nielsen, Golar LNG Form Joint Venture
Stolt-Nielsen Limited and Golar LNG Limited have formed a 50/50 joint venture to pursue opportunities in small-scale LNG production and distribution, the companies announced today. Stolt-Nielsen Limited has invested in Golar LNG through open-market purchases, representing an ownership stake of approximately 2.3 percent in the company. Commenting on the investment, Niels G. Stolt-Nielsen, CEO of Stolt-Nielsen Limited, said, "A key element of Stolt-Nielsen's long-term strategy is diversification that leverages our core skillsets, including shipping, storage and distribution.
Small Scale LNG Market to Grow at 2.5% to 2022
The Global Small Scale LNG Market is expected to grow over the CAGR of around 2.5% during the period 2014 to 2022, says a report by Market Research Future. The growth of the Small Scale LNG Market is majorly driven by increased demand for energy in the Asia-Pacific region. The government initiatives that focus on providing cleaner fuel, is driving the market, especially in countries such as India and China. The market is further driven by the growing adoption of LNG for heavy duty transportation purposes in the Europe and North American regions.
Skaugen Goes to Red Again
Norwegian Marine Transportation Service Company I.M. Skaugen SE reported interim losses but cautiously positive and expecting a gradual recovery of trading opportunities for long routes the petrochemical market. The gas carrier owner reported profit before and after tax of minus $ 5.1 million (loss) in Q2 2016. The same quarter a year ago profit before and after tax minus $ 0.5 million. Freight revenues amounted to $ 18.5 million in this year's 2nd quarter, against 15.7 million in last year. I.M. Skaugen SE’s (IMSK) core business is liquefied gas transportation.
Flogas Britain and Stolt-Nielsen announce LNG project for Rosyth
Flogas Britain, the UK’s leading liquefied natural gas (LNG) provider, and Stolt-Nielsen LNG Holdings Limited, a subsidiary of Stolt-Nielsen Limited (Oslo Børs: SNI), a leading global provider of bulk liquid transportation and storage solutions, announced a joint project to explore bringing LNG to areas of Scotland not served by the existing natural-gas grid. The initiative is a step towards reducing the cost of energy for homes and businesses located off the national gas network.
Excelerate FSRU Hits Milestone
Excelerate Energy said t its newly upgraded floating storage and regasification unit (FSRU) Explorer recently completed its sendout performance tests and reached a sendout capacity of 1.0 Bcf/d – an unprecedented milestone for an FSRU. The FSRU is currently under long-term charter to Dubai Supply Authority (DUSUP) at the Jebel Ali LNG Import Terminal. "We approach each of our projects as partnerships and work closely with our customers, like DUSUP, to provide a tailored solution that will serve their specific needs for the long run.
Fluxys LNG Launches Zeebrugge Capacity Consultation
Belgian gas infrastructure operator Fluxys said on Thursday it was launching a market consultation to assess demand for additional capacity at the Zeebrugge liquefied natural gas terminal in Belgium. "Fluxys LNG is considering to extend the Zeebrugge terminal as and when the market needs additional capacity," the company said in a statement. "In this preliminary phase, Fluxys LNG (will) conduct a market test to evaluate the appetite for small-scale LNG services such as loading small LNG bunker and feeder vessels as well as LNG trailer loading services," it added. Fluxys LNG said it will hold discussions with interested parties to the end of September. (Reporting by Nina Chestney, editing by David Evans)
Shell Developing U.S. LNG Fueling Network
Shell and TravelCenters of America LLC (TA) to develop network of (LNG) fueling centers for road users; alongside that Shell is developing a marine bunkering infrastructure. Shell has been working to develop the LNG for Transport market globally. Last year, they announced their intention to collaborate with TA and the finalization of that agreement is a major step toward making LNG fuels a reality for the U.S. heavy duty road customers. Shell has also announced that it will invest in two small-scale LNG production units that form the basis of two new LNG transport corridors in the Great Lakes and Gulf Coast regions that will provide LNG to marine and heavy duty road customers. This brings the total to three planned Shell LNG production units dedicated to transport in North America.
Samsung Heavy Bags Order for 2 LNG Carriers
South Korea’s Samsung Heavy Industries (SHI) has won a $100 million order to build two liquefied natural gas (LNG) carriers for Korea Line, reports Yohnap. Korea Gas Corp. (KOGAS) has chartered Korea Line to transport LNG from Tongyeong, South Gyeongsang Province (mainland) to Jeju Island for 20 years. Under the deal with Korea Line, SHI will build the ships by December 2019, the company said. One of the two vessels would have LNG bunkering capability. The ships, which can carry up to 7,500 cubic meters of LNG each, will be deployed to transport LNG between local ports, it added.
SLNG Terminal Performs Small Scale LNG Reload First Time
Singapore LNG Corporation Pte Ltd (SLNG) has successfully performed its first small scale Liquefied Natural Gas (LNG) Gas-Up/Cool-Down and Reload at its Terminal on Jurong Island. The operation was carried out from 18-20 June 2017 for the newly built, 6,500m3, Cardissa, an LNG bunker vessel owned by Shell and co-financed by the European Union’s Connecting Europe Facility that will serve customers in Northwest Europe. The operation was conducted at the SLNG Terminal’s Secondary Jetty, which is originally designed to accommodate LNG vessels from 60,000m3 to 265,000m3 in size.
LNG Innovation: Wison's LNG Distributor
The Wison-LNG-Distributor (LNGD) is a new multi-functional carrier with scalable capacity between 5000 to 20,000 cu. m. Wison-LNGD integrates the functions of LNG loading, bunkering and container delivery, which could make regional LNG redistribution more affordable and efficient. Wison’s LNG Distributor has been purposely designed to distribute partial loads to coastal areas in regions such as Indian subcontinent, Southeast Asia, the Caribbean, and Northern Europe. Being designed to operate at a shallow draft of 4.5m…
Lithuania Terminal Operator to Start LNG Bunkering in 2017
Lithuania plans to start liquefied natural gas (LNG) bunkering next year, and will soon call a tender for a test cargo, Klaipedos Nafta, the operator of the terminal, said on Wednesday. The onshore bunkering station at Klaipeda port would be able to reload 250,000 cubic metres of LNG per year, both to ships and road tankers, the company added. The first two storage tanks -- each with 1,000 cubic metres capacity -- of five are expected to be commissioned in August 2017. Klaipedos Nafta has set up a joint venture with Hamburg-based Bomin Linde LNG to build and operate a bunker vessel to supply marine customers and small-scale LNG terminals in the Baltic Sea. (Reporting by Nerijus Adomaitis, editing by Louise Heavens)