You are here

News

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.

 

October 19, 2016

Qatargas and Petronas ink new 5 year SPA

Qatargas today announced the signing of a new five-year SPA with PETRONAS LNG UK Limited.

Under the terms of the new SPA, Qatargas will deliver LNG to PETRONAS until 31 December 2023, an extension of its current contract due to expire on 31 December 2018. [...] A total of 1.1MTPA is secured for a partnership that will now extend to a decade-long supply of LNG to the UK-based entity.The LNG will be supplied from Qatargas 4 (Train 7), a joint venture between Qatar Petroleum and Shell which started production in January 2011 and will be delivered on board Q-Flex LNG vessels to Dragon LNG terminal at Milford Haven, United Kingdom.

Edited from Qatargas press release. 

October 17, 2016

Jean-Marie Dauger appointed President of GIIGNL

Jean-Marie DAUGER became President of GIIGNL (International Group of LNG Importers) at the General Assembly held in New Orleans on the 17th of October 2016. Until that date, he was the Vice-President for Europe of GIIGNL.
Until last year, Jean-Marie DAUGER was Senior Executive VP of ENGIE (ex GDF SUEZ and ex Gaz de France), a member of its Executive Board in charge of Global Gas & LNG
Jean-Marie DAUGER is also the Co-Chairman of the World Energy Council (WEC).

Born in 1952, Jean-Marie DAUGER is a Chevalier de l’Ordre National du Mérite and Chevalier de la Légion d’Honneur.
 

October 17, 2016

Golar Power reaches FID on Sergipe Power Project

Golar Power announced today that it has approved taking FID on the Porto de Sergipe Project, a combined cycle power plant in Brazil. Located near Aracaju, the state capital of Sergipe, the 1,516 megawatt power station will be the largest thermal power station in South America. The project will supplement hydropower during dry seasons and help to meet growing demand for electricity in the region. In connection with the Sergipe FID, Golar Power has entered into a 25-year agreement to charter Golar Nanook, a new-build FSRU to be delivered in November 2017. 

Edited from Golar press release. 

October 4, 2016

Qatargas and Pakistan’s GEIL sign 20-year LNG SPA

On October 1st, Qatargas and Pakistan-based Global Energy Infrastructure Limited (GEIL) signed a 20-year LNG SPA in a special ceremony hosted by Pakistan's Prime Minister Nawaz Sharif in Islamabad. […]

Under the terms of the agreement, Qatargas will supply 1.3mtpa of LNG to Pakistan for 20 years, with provisions allowing the volume to increase to 2.3mtpa. The LNG will be supplied from Qatargas 2 with the first cargo expected to be delivered to Pakistan in 2018 by Qatargas-chartered Q-Flex vessels.

Edited from press release. 

October 4, 2016

BP and Area 4 partners sign LNG SPA for offshore Mozambique

BP and the Area 4 concession partners, Eni East Africa (EEA), Galp Energia (Galp), Kogas and Empresa Nactional de Hidrocarbonetos (ENH), today entered into a SPA for BP to purchase 100% of the LNG produced by the EEA-operated Coral South Floating LNG facility expected to be installed offshore Mozambique.

The agreement covers the purchase of LNG for over 20 years. The agreement, which has been approved by the government of Mozambique, is conditional on the FID being taken for the project, which is currently expected by the end of 2016. The Coral South Floating LNG facility is expected to have a capacity above 3.3mpta.

BP will use LNG from the contract to help meet its global supply commitments. […]

Commercial details of the agreement were not disclosed.

Edited from press release.

Pages