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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.

 

June 14, 2020

Myanmar joins the club of LNG importers

Myanmar has joined the club of LNG importers through its Floating Storage Unit (FSU), which has started opeartions to supply the power station in Thaketa, located in Thanlyin of Yangon for electricity generation. The plant has commenced operations thanks to the shipment of two LNG cargoes from the Petronas LNG Complex in Bintulu which were sold on Free-On-Board (FOB) basis, amounting to a total LNG volume of 190,000 cubic metres.The facility is owned by a joint venture of VPower Group and CNTIC (CNTIC VPower), and it is the first time that LNG is used as a fuel source for power generation in Myanmar. Electricity generated by this power station will be transmitted to support the nationwide electricity demand, in particular in the Yangon Region, via the national grid. 

 

June 4, 2020

India promotes LNG filling stations

India’s regulator (PNGRB), has announced that any entity can set up an LNG station in any Geographical Area (GA) or anywhere else, even if it is not the authorised entity for that GA. According to Petronet who welcomes this decision, apart from being an environmentally superior fuel, LNG also reduces the fuel bill of the fleet operators about 25% and the import bill of the country by 30%-40% as compared to crude oil-based fuels.

Edited from Petronet’s press release

May 26, 2020

Contract signed to build and charter an FSRU in Wilhelmshaven

MOL and LTW (LNG Terminal Wilhelmshaven) have signed a contract to build and charter for 20 years - an FSRU in Wilhelmshaven on the North Sea. The FSRU which will have a 263,000m3 storage capacity will make it possible to offload, store and regasify LNG for the German market.

Edited from MOL’ press release

 

May 20, 2020

SPA between Petronas and TCEL

PETRONAS LNG Ltd. (PLL), a subsidiary of Petronas, has recently concluded a SPA with Tiger Clean Energy Limited (TCEL) for the supply of LNG to TCEL’s LNG ISO Tank Filling Facility located at Bintulu, Sarawak in Malaysia. The delivery of the LNG to China will be undertaken by TCEL, which will then be distributed to remote locations using TCEL’s ISO tanks.  This solution enables to reach remote customers located away from physical LNG pipelines and customers with smaller requirements.

Edited from Petronas’ press release

 

May 20, 2020

Cameron LNG starts production at Train 3

Cameron LNG has begun producing LNG from the third and final liquefaction train of its Phase 1 liquefaction-export project in Hackberry, Louisiana, after completion of all major construction activities, commissioning and start-up process over the past few months. In April, the facility began receiving gas flow for testing as it reached the final stage of the commissioning process. The Cameron LNG liquefaction-export Phase 1 project includes three liquefaction trains with a projected export of 12 mtpa of LNG or approximately 1.7 bcf/d.

Edited from Cameron LNG’s press release

 

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