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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.
January 20, 2020
Shenergy signs 12-year LNG HOA with PETRONAS
PETRONAS LNG signed an HOA with Shenergy Group Company to supply approximately 1.5 MTPA of LNG to its Wuhaogou receiving terminal in China. The LNG supply agreement is for a 12-year term starting from 2022. It also involves a shipping collaboration to construct and charter new mid-sized LNG vessels for the cargo delivery.
Edited from Petronas press release
January 17, 2020
Fos Tonkin facility continues operations until 2028.
Elengy announced that the Fos Tonkin terminal will continue operations until 2028. The proposed regasification capacity of 1.5 bcm per year has been entirely booked. This commitment has enabled Elengy to take the investment decision needed to extend the site's activity beyond 2020. The company is now working on the development of the loading capacities for small LNG vessels in order to provide the market with the required services to support the growth of LNG as marine fuel.
Edited from Elengy press release
January 17, 2020
Freeport LNG starts commercial operations for Train 2
Freeport LNG announced the start of commercial operations for the second liquefaction train, of its three train facility, with the commencement of gas deliveries from BP under its 20 year tolling agreement with Freeport. Freeport LNG’s Train 1 began commercial operations last month, with the commencement of Osaka Gas’ and JERA’s tolling agreements. Train 3 remains on track for a commercial start date in May.
Edited from Freeport LNG press release
January 5, 2020
Kuwait Petroleum Corporation signs 15-year LNG SPA with QP
Qatar Petroleum and Kuwait Petroleum Corporation entered into a long term SPA for the supply of up to 3 MTPA of LNG to the State of Kuwait. Under the 15-year agreement, LNG deliveries to Kuwait’s receiving terminal at Al-Zour Port will commence in 2022.
Edited from Petronas press release
December 27, 2019
Nigeria LNG takes FID for Train 7
Nigeria LNG (NLNG) took the FID for its Train 7 Project, which allows the expansion to increase the capacity of NLNG's six-train plant from the extant 22 MTPA to 30 MTPA. The construction period after FID will last approximately five years with first LNG rundown expected in 2024.
Edited from Nigeria LNG press release