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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.
March 16, 2020
Golar Power develops an LNG import terminal in the Port of Suape
Golar Power signed a Protocol of Intentions with the State Government of Pernambuco to develop an LNG import terminal in the Port of Suape, located in the northeast of Brazil. With operations scheduled to start in the second half of 2020, the project includes infrastructure for the supply of natural gas and LNG to generate electricity. The Golar Power terminal intends to use an existing LNG carrier, permanently docked at the Suape Port. The vessel will act as a supplier to truck mounted LNG ISO-Containers. These vehicles will distribute LNG to cities within a radius of up to one thousand kilometers. Initial trucked volumes are estimated at 800 m3 of LNG per day.
Edited from Golar LNG press release
March 10, 2020
Pavilion Energy and SLNG sign first long-term agreement
Pavilion Energy and Singapore LNG Corporation (SLNG) signed a five-year agreement for LNG storage and reload services at the SLNG Terminal on Jurong Island. This is the first of such an agreement signed for a term longer than two years. Under the agreement, Pavilion Energy will have access to tank capacity of 180,000 m3 on a segregated basis at the SLNG Terminal over the next five years. Such capacity will support a higher volume of LNG trading activities, including LNG breakbulk and vessel cool-down services.
Edited from SLNG press release
March 2, 2020
Cameron LNG Train 2 starts commercial operations
Sempra LNG announced that Cameron LNG’s second train of the liquefaction-export infrastructure project in Hackberry has begun commercial operations under Cameron LNG’s tolling agreements. Train 3 remains on track to start initial LNG production in the second quarter of 2020 and to commence commercial operations in the third quarter of 2020.
Edited from Cameron LNG press release
March 2, 2020
Pavilion Energy performs first commercial ship-to-ship LNG bunkering in Singapore
Pavilion Energy has performed the first commercial ship-to-ship LNG bunkering in the Port of Singapore. The operation, the first of such in Singapore, comprised a reload of 2,000 m3 of LNG onto a small-scale tanker at the newly-modified secondary jetty of the Singapore LNG Terminal, followed by a ship-to-ship transfer to the receiving heavy-lift commercial vessel.
Edited from Pavilion Energy press release
February 27, 2020
SEA-LNG highlights benefits of LNG as a marine fuel
SEA-LNG announced the results of its latest independent investment study, which highlights the commercial benefits of LNG as a marine fuel for a newbuild 210K DWT Ore Carrier sailing from Australia to China. The study illustrates strong returns on investment for LNG as a marine fuel on a Net Present Value basis over a conservative 10-year horizon. The modelling analysis is bolstered by compelling payback periods of two to four years for the newbuild CAPESIZE on this major ore trade corridor.
Edited from SEA-LNG press release