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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.
October 18, 2019
AES starts operations of the LNG storage tank in Panama
The AES Corporation announced the start of commercial operations of the first LNG hub in Panama and Central America, located at the AES Colón plant. AES Colón consists of the 180,000 m3 LNG tank and a 381 MW combined cycle power plant, which reached commercial operations in 2018 and had been previously operating with gas from temporary sources.
Edited from AES press release
October 17, 2019
Fos Cavaou LNG terminal starts offering an LNG truck loading service
Elengy and its subsidiary Fosmax LNG, owner of the Fos Cavaou LNG terminal, now offer an LNG tanker trucks loading service on the site. This station, with two loading bays, has been put into commercial service. The ramp-up will be gradual, to reach 40 charging slots a day (a rate of 11 000 slots a year), in December 2019. With the two bays of the Fos Tonkin terminal station, also operated by Elengy, the Fos LNG hub doubles its capacity to load tanker trucks.
Edited from Elengy press release
October 16, 2019
GIIGNL reasserts LNG's contribution to the energy transition
On Wednesday, October 16, 2019,GIIGNL and eight other organisations active in LNG (The "LNG Protocol") published a declaration to reaffirm the environmental and economics benefits of liquefied natural gas. In thsi declaration, the members of the LNG Protocol collectively endorse LNG as a fundamental asset that helps meeting EU`s long-term decarbonisation targets and the `just` energy transition and reaffirm their belief in LNG's valuable contribution to the EU Green Deal.
October 14, 2019
Total and Adani expand their partnership
The partnership between Adani (50%) and Total (50%) includes several assets across the gas value chain which include the Dhamra and potentially Mundra import terminals in the west and east respectively , as well as Adani Gas Limited, one of the 4 main distributors of city gas in India of which Adani holds 74.8% and of which Total will acquire 37.4%.
Total will bring its LNG and retail expertise and will supply LNG to Adani Gas Limited. Total and Adani will also establish a joint venture to market LNG in India and Bangladesh.
Edited from Total press release.
October 10, 2019
KOMIPO signs a 5-year LNG SPA with Petronas
Petronas LNG, a subsidiary of Petronas, has signed a 5-year LNG SPA with Korea Midland Power (KOMIPO). KOMIPO will purchase approximately 0.24 MTPA of LNG on a DES basis for 5 years, beginning 2020.
Edited from Petronas press release