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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.

 

September 25, 2018

Skangas delivers LNG to paper mill

Skangas and Metsä Tissue Corporation have signed an agreement for the supply of LNG to the latter’s paper mill. At the mill in Mänttä, Finland, LNG will replace LPG in the paper drying process. The fuel switch from LPG to LNG will improve competitiveness and cut the company’s carbon dioxide emissions.

LNG will be delivered to the Mänttä mill by road tanker from the Skangas Pori LNG terminal. Before being used, LNG will be regasified at the mill. In cooperation with the technical services of its parent company Gasum, Skangas will carry out the modifications and equipment installation works related to the fuel change.

Edited from Skangas press release.

 

September 20, 2018

Woodside and Uniper sign HOA for LNG supply

Woodside has signed a HOA with Uniper for the supply of LNG. Woodside will supply up to 0.6 MTPA of LNG over a period of four years commencing in 2019. Woodside CEO Peter Coleman said the LNG would be supplied from the company’s portfolio sources to markets in Europe and Asia.

Edited from Woodside press release.

September 17, 2018

Cheniere signs 15-year LNG SPA with Vitol

Cheniere has entered into an LNG SPA with Vitol. Vitol has agreed to purchase approximately 0.7 MTPA of LNG from Cheniere on a FOB basis for a term of approximately 15 years beginning in 2018. The price of LNG is indexed to the monthly Henry Hub price, plus a fee.

Edited from Cheniere press release.

September 10, 2018

Qatargas signs LNG SPA with PetroChina

Qatargas announced on September 10 that it has signed a 22-year SPA with PetroChina. Under the SPA, which will end in 2040, Qatargas will supply China with around 3.4 MTPA from the Qatargas 2 project, a joint-venture between Qatar Petroleum, ExxonMobil and Total. The first cargo is expected to be delivered to China before the end of September. The SPA allows the possibility to deliver LNG to various receiving terminals including the Dalian, Jiangsu, Tangshan and Shenzhen LNG receiving terminals, utilizing Qatargas' fleet of 70 conventional, Q-Flex and Q-Max LNG vessels.

Edited from Qatargas press release.

September 6, 2018

Venture Global signs LNG SPA with Repsol

Venture Global announced on September 6 that it has signed a 20-year SPA with Repsol for the supply of 1 MTPA from the Venture Global Calcasieu Pass LNG export facility, currently under development in Cameron Parish, Louisiana, USA. Under this agreement, Repsol will purchase LNG on a FOB basis, starting from the commercial operation date of the Venture Global Calcasieu Pass LNG export facility, currently expected in 2022. In 2018, Venture Global already signed SPAs with BP, Galp, PGNiG and Shell for a combined supply of 6 MTPA.

Edited from Venture Global press release.

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