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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.

 

April 29, 2019

Summit LNG Terminal completes the commissioning in Bangladesh

In Bangladesh, Summit LNG Terminal has successfully completed the commissioning of its FSRU on 29 April and supplying 500 mmcfd of natural gas to the national grid.

Edited from Summit Power International press release.

April 26, 2019

Poskie LNG signs a co-financing contract for the terminal expansion

Polskie LNG signed the co-financing agreement for the 'Expansion of LNG Terminal' project from the EU funds on April 24 in Świnoujście. The company may apply for the reimbursement of the costs incurred up to EUR 128 million from the European Regional Development Fund and the Cohesion Fund. The funds are granted to the expansion of terminal functionality through:

- the increase of regasification capacity of the Terminal to 7.5 bcm

- the expansion of the sea transshipment system;

- the construction of an onshore LNG-to-rail loading system;

- the construction of the 3rd LNG process storage tank with necessary installations and equipment.

Edited from Polskie LNG press release.

April 24, 2019

NOVATEK starts Vysotsk LNG Production

NOVATEK announced that Cryogas-Vysotsk has commenced full-scale production of LNG. Cyrogas-Vysotsk is a medium-tonnage LNG project located in the port of Vysotsk, Leningrad Region of Russia on the Baltic Sea. The project’s initial design capacity is 660 thousand tons of LNG per annum, and its infrastructure includes a 42 thousand cubic meters LNG storage tank and an offloading berth designed to handle LNG carriers with a capacity of up to 30 thousand cubic meters.

Edited from NOVATEK press release.

April 24, 2019

Zhejiang Energy signs 20-year LNG SPA with ExxonMobil

Zhejiang Provincial Energy Group signed an LNG SPA with ExxonMobil. Under the agreement, Zhejiang Energy is expected to receive 1 MTPA of LNG over 20 years. The LNG will be delivered to Wenzhou LNG receiving terminal with a capacity of 3 MTPA currently being constructed by Zhejiang Energy.

Edited from ExxonMobil press release.

April 9, 2019

JERA signs 15-year LNG HoA with Mitsubishi

JERA signed an HoA with Diamond Gas International, a subsidiary of Mitsubishi Corporation, for the sale and purchase of up to 16 cargoes of LNG a year for a period of 15 years from LNG Canada project, commencing in 2024.

Edited from JERA press release.

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