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January 13, 2021
New Fortress Energy acquires Hygo Energy and Golar LNG Partners
New Fortress Energy has performed a double takeover for a total amount of $5Bn. The company announced the acquisition of Hygo Energy Transition, a gas-to-power and downstream LNG distribution company active in Brazil, from Golar LNG Limited and Stonepeak Infrastructure Partners, and of Golar LNG Partners, a master limited partnership sponsored by Golar LNG. The transaction, which is subject to regulatory approvals, third-party consents and other closing conditions, is expected to be finalized in the first half of 2021.
Edited from Golar LNG press release
January 11, 2021
Prelude FLNG resumes operations
After almost a year of shutdown, Prelude FLNG, located offshore in Western Australia, resumes operations. The production has been halted in February 2020 due to technical problems with electrical equipment. The 3.6 MTPA LNG facility is owned by Shell (67.5%), Inpex (17.5%), Kogas (10%) and CPC (5%) and operated by Shell.
January 10, 2021
Taiwan receives first cargo from Corpus Christi
The first LNG cargo for the 25-year 2 MTPA LNG SPA signed in 2018 between CPC Corporation Taiwan and Cheniere Energy has been received at the Taichung LNG Terminal in Taiwan. The LNG was sourced from Corpus Christi LNG facility (USA) and transported by Fuji LNG carrier. The deal was signed in line with Taiwan's new energy policy goal to achieve 50% of natural gas for electricity generation by 2025 and with CPC’s commitment to diversify LNG sources.
Edited from CPC Corporation Taiwan press release
January 5, 2021
Start of Gas Natural Açu LNG-to-power project
FSRU BW Magna, specially built for the Gas Natural Açu (GNA) LNG-to-power project in Brazil, has received its commissioning LNG cargo at the end of 2020, delivered by Kmarin Emerald LNG carrier. The GNA project includes a thermoelectric complex with 2 combined cycle power plants of 1.3 GW and 1.6 GW capacity which together will require up to 5.6 MTPA of LNG. The regasification facility is planned to start commercial operations in the first half of 2021.
January 1, 2021
LNG Croatia starts commercial operations
The first Croatian LNG terminal, located in Omišalj municipality on the island of Krk (Croatia), started commercial operations as scheduled. Tristar Ruby LNG carrier arrived on the 1st January 2021 at the Krk terminal and started unloading LNG to the FSRU LNG Croatia. The unloading procedure has taken 3 days. The FSRU facility, purchased from and operated by Golar LNG Limited, has a technical capacity of 2.6 Bcma. The project is created to meet Croatian energy needs as well as to supply natural gas to the countries of Central and Southeastern Europe.
Edited from LNG Croatia press release