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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
August 8, 2018
ENN receives first LNG cargo at Zhoushan terminal
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
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.