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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.

 

May 13, 2019

First Q-Flex transits Panama Canal

​​Qatargas announced that the Al Safliya became the first Q-Flex LNG vessel, and largest LNG vessel by cargo capacity, to transit the Panama Canal. The Al Safliya with a cargo capacity of 210,000 m3 of LNG, a length of 315 meters, and breadth of 50 meters, successfully completed the 82 km transit on 12 May 2019. The Panama Canal was expanded in 2016, thereby allowing LNG vessels to pass through the canal. In April 2018, the authority announced it would accommodate vessels up to 51.25 meters wide, opening the prospect for Q-Flex vessels to transit.

Edited from Qatargas press release.

May 7, 2019

Gibraltar opens LNG regasification terminal

Gibraltar has officially opened a new LNG regasification terminal that was recently completed by Shell and Gasnor (a 100% Shell-owned subsidiary). As a result, Gibraltar is switching from diesel-fueled power generation to cleaner-burning natural gas, using a newly commissioned 80-megawatt gas-fired power plant. LNG will be delivered to the terminal by ship twice a month and at night, minimising disruption to the neighbouring port and airport. It will be stored in five double-walled stainless-steel tanks, each able to hold 1,000 cbm of LNG. The first LNG cargo arrived in January to support testing and commissioning of the power plant.

Edited from Shell press release.

May 5, 2019

Total agrees to acquire Anadarko’s assets in Africa

Total announced that it has reached a binding agreement with Occidental to acquire Anadarko’s assets in Africa (Algeria, Ghana, Mozambique, South Africa) for a consideration of $ 8.8 billion in the event of a successful completion of Occidental’s ongoing bid for Anadarko. The transaction is contingent upon Occidental entering into and completing its proposed acquisition of Anadarko and to approval by the relevant authorities and is expected to close in 2020.

Edited from TOTAL press release.

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.

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