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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.

 

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

 

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