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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.

 

June 15, 2020

FSRU arrives in Brazil

BW’s FSRU arrived on Friday 12 June at a new terminal in the Brazilian port of Port Açu to start its contract serving Gas Natural Açu’s LNG-to-power project.  The FSRU will be moored alongside the terminal for 23 years where it will go into service by supporting the Port Açu project. BW Magna will be able to regasify up to 1,000 million scf of natural gas per day, supplying two natural gas-fired combined-cycle thermal power plants with capacity to generate 3,000 MW, which will serve about 14 million homes.

 

June 15, 2020

First Commingling LNG Cargo received at Hatsukaichi LNG Terminal

On 15 june, the first first commingling LNG cargo arrived at Hatsukaichi LNG terminal of Hiroshima Gas. The commingling cargo is based on the LNG Transportation Agreement between Hiroshima Gas, Tokyo Gas and Tokyo LNG Tanker that was executed in February 2020 in which LNG procured by Hiroshima Gas and Tokyo Gas from Sakhalin, Russia would be jointly transported by an LNG carrier owned and operated by Tokyo LNG Tanker for a period of eight years from FY2020 to FY2027.

Edited from Tokyo Gas’ Press release

June 15, 2020

Qatar books remaining available capacity at Krk terminal

The remaining available capacity at the Krk terminal in Croatia has been booked by PowerGlobe Qatar for the next 3 years under a 15-year deal. PowerGlobe Qatar already holds capacity until 2035. MFGK Croatia, MET Croatia Energy Trade are the other capacity holders. The LNG terminal is currently under construction and is expected to have capacity to receive 2.6 bcm of natural gas per year starting 2021.

June 14, 2020

Myanmar joins the club of LNG importers

Myanmar has joined the club of LNG importers through its Floating Storage Unit (FSU), which has started opeartions to supply the power station in Thaketa, located in Thanlyin of Yangon for electricity generation. The plant has commenced operations thanks to the shipment of two LNG cargoes from the Petronas LNG Complex in Bintulu which were sold on Free-On-Board (FOB) basis, amounting to a total LNG volume of 190,000 cubic metres.The facility is owned by a joint venture of VPower Group and CNTIC (CNTIC VPower), and it is the first time that LNG is used as a fuel source for power generation in Myanmar. Electricity generated by this power station will be transmitted to support the nationwide electricity demand, in particular in the Yangon Region, via the national grid. 

 

June 4, 2020

India promotes LNG filling stations

India’s regulator (PNGRB), has announced that any entity can set up an LNG station in any Geographical Area (GA) or anywhere else, even if it is not the authorised entity for that GA. According to Petronet who welcomes this decision, apart from being an environmentally superior fuel, LNG also reduces the fuel bill of the fleet operators about 25% and the import bill of the country by 30%-40% as compared to crude oil-based fuels.

Edited from Petronet’s press release

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