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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.

 

February 12, 2020

BP signs 20-year LNG SPA with Greater Tortue

Kosmos Energy announced that the company and its partners have signed an SPA with BP Gas Marketing. The SPA is for 2.45 MTPA of LNG from Phase 1 of the Greater Tortue Ahmeyim project for an initial term of up to 20 years. Partners in the project, located offshore Mauritania and Senegal, include SMHPM, Petrosen, BP, and Kosmos.

Edited from Kosmos Energy press release

February 10, 2020

New Fortress Energy signs long-term LNG SPA

New Fortress Energy announced that it has signed a long-term supply agreement for the purchase of 27.5 million MMBtu per annum of LNG, or approximately 8 cargoes a year, at a price indexed to Henry Hub through January 2030.

Edited from New Fortress Energy press release

February 10, 2020

Qatargas and Shell sign long term SPA to supply LNG to Kuwait

Qatargas announced the signing of a new, long term LNG SPA with Shell to deliver 1 MTPA of LNG to the State of Kuwait, commencing this year. ​​The SPA provides for the supply of LNG from Qatargas 4, a joint venture between Qatar Petroleum (70%) and Shell (30%).

Edited from Qatargas Nafta press release

February 6, 2020

Total sells its interest in the Fos Cavaou to Elengy

Total has divested its 27.5% interest in Fosmax LNG, operator of the Fos Cavaou LNG terminal to Elengy, Fosmax LNG’s shareholder with a 72.5% stake. Total retains its regasification capacity of around 5.5 MTPA at the terminal, equivalent to some 90% of its overall capacity.

Edited from Total press release

February 3, 2020

Klaipedos Nafta will operate Brazilian terminal

Klaipedos Nafta (KN), Lithuanian LNG terminal operator, has been appointed as the operator of an LNG terminal in the Brazilian Port of Açu. KN assumes the responsibility for the provision of safe, reliable and efficient operations, including maintenance of the jetty and its installations, gas pipeline and gas metering stations as well as supporting the commissioning of the terminal. The terminal at the port of Açu is due to start operations in 2020 for the commissioning of GNA’s Thermal Power Plant, UTE GNA I.

Edited from Klaipedos Nafta press release

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