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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.
July 13, 2021
Al-Zour terminal receives first LNG cargo
Kuwait Integrated Petroleum Industries Company (KIPIC) received its first LNG cargo at its new LNG import terminal in Al-Zour. The 22 MTPA terminal is owned by Kuwait Petroleum Corporation and was developed by its KIPIC unit. Nakilat’s Al Kharsaah LNG carrier delivered a 213 000 m3 commissioning cargo on 12 July.
July 12, 2021
World’s first carbon neutral LNG SPA
PetroChina received its first carbon-neutral LNG cargo at Dalian port in China, under the first long term SPA for carbon-neutral LNG supply recently signed with Shell. For each cargo delivered under this agreement the parties will cooperate to offset the life-cycle CO2e emissions generated across the LNG value chain, using high-quality carbon credits from nature-based projects. The carbon credits for the delivered cargo come from Shell’s global portfolio of emission reduction projects, that protect and enhance forests in China and other parts of the world.
Edited from Shell press release
July 12, 2021
QP signs 20-year LNG SPA with KOGAS
Qatar Petroleum signed a 20-year LNG SPA with KOGAS for the supply of 2 MTPA to KOGAS’ LNG receiving terminals in South Korea. According to the agreement LNG supplies will start in January 2025. Qatar currently supplies KOGAS with more than 9 MTPA through long-term agreements.
Edited from Qatar Petroleum press release
July 10, 2021
INPEX offtakes first carbon neutral LNG from Ichthys
INPEX announced offtake of the first carbon neutral LNG the Ichthys LNG Project, which it operates in Australia. The carbon neutral cargo was received at its Naoetsu LNG terminal in Japan. The carbon footprint of the cargo from upstream production to combustion in Japan was offset using carbon credits related to global forest conservation projects in an arrangement with Ichthys’ major partner TotalEnergies.
Edited from INPEX press release
July 9, 2021
BP signs LNG SPA with Guangzhou Gas
BP Singapore signed an SPA with Guangzhou Gas for the supply of 0.65 MTPA of LNG to China between 2022 and 2034.