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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.

 

September 22, 2016

Elengy and Gate Terminal sign MoU

Elengy and Gate terminal have signed a Memorandum of Understanding aimed at developing the cooperation in the field of LNG related services such as truck loading and bunkering.

This MoU was signed on September 21 2016 by Stefaan Adriaens and Pierre Cotin, Commercial Directors of Gate terminal and Elengy respectively. 

Gate terminal and Elengy share the vision that European gas markets are becoming more interconnected, LNG terminal services can strengthen this trend by progressively developing multi-site features.

The MoU involves exploring the development for several types of services, for example:

  • Truck loading service: As a more robust LNG chain is key for the development of this new market, Gate terminal and Elengy will actively look forward to standardizing their practices to make truck loading a safer, simpler and more efficient service;
  • Bunkering services: Gate terminal and Elengy will study plans to support the rise of the LNG logistics by small carriers, notably for new LNG uses such as LNG as a marine fuel;

Edited from press release.

September 22, 2016

Shell loads first vessel, using new LNG jetty at Gate terminal

Gate terminal announced today that Shell’s chartered LNG vessel, the 7500-cbm Coral Methane, loaded for the first time LNG from the newly inaugurated third jetty. The loading took place on 19 September 2016. 

Edited from press release.

September 16, 2016

Substantial Completion of Train 2 at the Sabine Pass Liquefaction Project

Cheniere announced today that Substantial Completion of Train 2 of the Sabine Pass liquefaction project was achieved on September 15, 2016. Commissioning has been completed and Cheniere's EPC partner Bechtel is turning over care, custody, and control of Train 2 to Cheniere. This turnover will be done in coordination with a previously announced planned outage to improve performance of the flare systems at the SPL Project, as well as to perform scheduled maintenance to Train 1 and other facilities. Under a sale and purchase agreement with Gas Natural Fenosa, the date of first commercial delivery for Train 2 of the SPL Project is expected to occur in August 2017 upon which the SPA's 20-year term commences. Prior to this date, GNF has certain rights to early cargoes produced from Train 2 as described in the SPA. [...]

Cheniere plans to construct over time up to six liquefaction trains, which are in various stages of development and construction. Trains 1 and 2 have achieved Substantial Completion, Train 3 is undergoing commissioning, Trains 4 and 5 are under construction, and Train 6 is fully permitted. Each liquefaction train is expected to have a nominal production capacity of approximately 4.5mtpa. SPL has entered into six third-party LNG sale and purchase agreements that in the aggregate equate to approximately 19.75 mtpa of LNG and commence with DFCD of Trains 1 through 5 as specified in the respective SPAs.

Edited from press release.

September 2, 2016

Arrival and startup of Abu Dhabi’s first FSRU

At the beginning of August 2016, the Floating Storage and Regasification Unit (FSRU) Excelerate moored at Ruwais in Abu Dhabi. The 138,000m3 FSRU (built 2006) is owned by Excelerate Energy and chartered by Gasco – a joint venture between Adnoc, Shell, Total and Partex. The vessel loaded the commissioning cargo at Das Island in the second half of July before reaching Ruwais. The FSRU will be able to supply an extra 14 million cubic metres of gas per day to the grid. This is the first facility that allows Abu Dhabi to import LNG and to meet growing and immediate domestic gas needs. 

August 31, 2016

Meg Gentle Named as President and CEO of Tellurian Investments

Charif Souki and Martin Houston announced today that Meg Gentle has joined Tellurian Investments as President and Chief Executive Officer, and a member of the Board of Directors. Gentle has also made an $10 million private investment in Tellurian. Gentle recently left Cheniere Energy, where she served as Executive Vice President of Marketing, based in London, England. [...]

As President and CEO, Gentle will run the strategic and daily operations of Tellurian. Souki continues to serve as the Non-Executive Chairman, with Houston as the Executive Vice Chairman.

Gentle will drive the development of Tellurian’s first project, Driftwood LNG, a 26 million tonne per annum (mpta) export facility proposed near Lake Charles, Louisiana. Driftwood LNG is in the engineering design and pre-filing phase of the project. The Federal Energy Regulatory Commission (FERC) approved Driftwood LNG’s pre-filing request on June 6, 2016. Tellurian expects construction to begin in 2018, and the project to become operational in 2022.

Tellurian was formed in February by Souki and Houston to build mid-scale natural gas liquefaction and export projects along the United States Gulf Coast. Tellurian entered into a merger agreement with Magellan Petroleum Corporation on August 2, 2016, and expects the agreement to close in the fourth quarter this year.

Edited from press release.

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