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You will find in this section the latest public news regarding the liquefied natural gas market, regulation and innovations. Please type any keyword in the search box and /or use the  ”area”, “topic” and “date” filters to refine your search. Feel free to submit your news to GIIGNL using the contact form.

 

June 6, 2017

Woodside signs long-term SPA with Pertamina

On June 6, 2017, Woodside announced it has entered into a long-term SPA with PT Pertamina (Persero) for the supply of LNG commencing in 2019.

Woodside has committed to supply initial ramp up quantities building to approximately 0.6 MTPA from 2022 to 2034, and Pertamina has the option to increase the supply to approximately 1.1 MTPA from 2024 to 2038.

LNG to be supplied to Pertamina under the SPA will be sourced from Woodside’s global portfolio. 

Edited from Woodside press release.

June 1, 2017

FID on Coral FLNG project

On June 1, 2017, ENI and its partners (Galp Energia, Kogas and Empresa Nacional de Hidrocarbonetos) announced that they took FID on the Coral South LNG project in Mozambique.

The FLNG will have a capacity of around 3.4 MTPA and will be the first FLNG in Africa and the third globally.

The Coral field, discovered in May 2012, is located within Area 4 of the Rovuma Basin and contains approximately 450 BCM (16 TCF) of gas in place.

In October 2016, Eni and its Area 4 partners signed an agreement with BP for the sale of the entire volumes of LNG produced by the Coral South project for a period of over twenty years.

Edited from ENI press release.

May 3, 2017

Yuedong terminal receives first cargo

Qatargas announced on May 3, 2017, that it has recently delivered the inaugural LNG cargo to the Yuedong LNG terminal, China’s newest import terminal. The LNG cargo, delivered on board the Qatargas-chartered Q-Flex LNG vessel ‘Al Kharaitiyat’, was used to commission the terminal from April 29 through May 2.

The Yuedong LNG receiving terminal, which has an initial receiving capacity of 2 MTPA, is co-owned and operated by CNOOC. The new terminal located in Jieyang, Guangdong is the latest addition to CNOOC’s LNG receiving terminal portfolio, joining existing terminals in Shanghai, Guangdong, Fujian, Zhejiang and Hainan. 

Edited from Qatargas press release.

April 13, 2017

Singapore launches truck loading facility

Singapore LNG Corporation Pte Ltd (SLNG) and the Maritime Port Authority (MPA) of Singapore jointly launched the nation’s first LNG Truck Loading Facility during a ceremony held on 12 April 2017, at the SLNG Terminal. The launch, which was officiated by Chief Executive Officer of SLNG, Mr. John Ng, and Chief Executive of MPA, Mr Andrew Tan, marks the readiness of the facility for operations.Located within the SLNG Terminal on Jurong Island, the single-bay facility is an important first step towards developing the LNG trucking business in Singapore, which also helps to facilitate truck-to-ship LNG bunkering. The facility allows small quantities of LNG to be transported overland to just about any location where it may be needed. This may include industrial plants that could use natural gas for furnaces and burners but are not connected to the gas pipeline network, and locations in the port from where LNG may be delivered to ships for use as fuel. 

March 27, 2017

LNG Imports reach 263.6 MT in 2016

In 2016, global LNG trade reached 263.6 MT, compared with 245.2 MT in 2015 (+18.4 MT). 18 countries exported LNG to 39 importing countries. 4 new countries joined the ranks of LNG importers during the year and 11 new regasification terminals were commissioned, with 5 terminals based on floating solutions. The shipping fleet reached 478 vessels at the end of the year.

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