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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.

 

August 10, 2018

CPC signs 25-Year LNG SPA with Cheniere

CPC Corporation has entered into a LNG SPA with Cheniere Energy for purchasing approximately 2 MTPA on a delivered ex-ship basis for a term of 25 years. The contract will start in 2021 and the purchase price for LNG is indexed to the monthly Henry Hub price, plus a fee.

Edited from Cheniere Energy press release.

August 9, 2018

Novatek dispatches first LNG cargo from Yamal LNG’s second train

Novatek announced that Yamal LNG has launched the second train and shipped its first cargo from this unit. It also mentioned that the second LNG train commissioned six months ahead of its original schedule, and combined with the first LNG train launch in December 2017, has achieved the commissioning of the first two LNG trains in record time. The total capacity of the two working LNG trains is 11 MTPA. 
Edited from Novatek press release.

August 8, 2018

ENN receives first LNG cargo at Zhoushan terminal

ENN Energy, the largest gas distributor in China, has received an inaugural LNG cargo at its new Zhoushan LNG receiving terminal from Ras Laffan LNG complex in Qatar. The Zhoushan terminal with a capacity of 3 MTPA has two 160,000 CBM storage tanks and a large marine jetty capable of handling Q-max LNG carriers.
ENN has signed three LNG SPAs for a total of 1.5 MTPA in recent years with Chevron, Total and Origin for 0.5 MTPA respectively.

August 7, 2018

JERA signs LNG sales and purchase MOA with ADNOC

JERA announced that it has entered into a Memorandum of Agreement with ADNOC LNG, Abu Dhabi Gas Liquefaction Company. JERA plans to purchase up to 8 cargoes per annum from ADNOC LNG for a period of three years beginning in 2019. Deliveries will be starting in April of 2019 and will continue through to March 2022.

This MOA is in line with the Japan Fair Trade Commission ruling, issued in June 2017, which removes the strict destination clauses. JERA believes this will contribute to its ability not only to respond to fluctuations in LNG demand, but also to optimize its LNG operations.

Edited from JERA press release.

August 2, 2018

Petronas delivers first LNG cargo to Hokkaido Electric

Petronas through its subsidiary, Malaysia LNG (MLNG) delivered its first LNG cargo to Hokkaido Electric on August 1st, 2018.
This delivery marks the beginning of MLNG's supply to Hokkaido Electric via an up to 0.13 MTPA 10-year SPA signed on 2 March 2017.
The cargo was delivered from Petronas LNG Complex in Bintulu, Sarawak to Ishikari terminal by Puteri Delima Satu, the LNG vessel chartered by MLNG and operated by Petronas' subsidiary MISC.
The Petronas LNG Complex in Bintulu, Sarawak is operated by MLNG. The nine-train facility has a combined annual production capacity of approximately 30 MT. 

Hokkaido Electric shares the Ishikari LNG terminal with Hokkaido Gas. Hokkaido Gas owns the terminal and operates two storage tanks, with a capacity of 180,000cbm and 200,000cbm each. Hokkaido Electric has built a third 230,000cbm storage tank for its own use and the cargo delivered by the Puteri Delima will be used for the commissioning of the tank. The company is also constructing a 230,000cbm fourth tank, which should start operating in October 2020.

Edited from Petronas press release.

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