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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.
December 4, 2020
Panama Canal mulls over new LNG slots
Suffering since late October from bottlenecks and facing an increase in US LNG exports, the Panama Canal Authority will consider possibilities of adding additional reserved LNG transit slots in the middle of next year. Currently the Canal Authority handles two LNG vessels per day on average, with this number increasing up to 4 on some days.
December 1, 2020
Damietta to resume exports
Eni has signed agreements with the Arab Republic of Egypt, the Egyptian General Petroleum Corporation, the EGAS and Naturgy, allowing amicable settlement of the disputes over Union Fenosa Gas and SEGAS assets. According to the agreements the resulting shareholding of SEGAS will include Eni 50%, EGAS 40% and EGPC 10%. Eni will also take over the feed gas supply contracts and receive corresponding liquefaction rights at the Damietta plant owned by SEGAS. The agreements enable the restart of the 5 Mtpa liquefaction facility, which has been idle since 2012, in the beginning of 2021.
Edited from Eni press release
November 24, 2020
GIIGNL elects Jean Abiteboul as new President
On November 24, 2020, GIIGNL elected Jean Abiteboul as new President during the annual General Assembly of the association. Jean who brings more than 40 years of experience in the LNG industry at executive positions in Gaz de France (GdF) and Cheniere succeeds Jean-Marie Dauger who served as President of the association since 2016. Jean-Marie Dauger has been appointed Honorary President.
November 24, 2020
CNOOC, CPC and Petronet LNG join GIIGNL's ExCom
On November 24, 2020, GIIGNL approved three new members to be part of its Executive Commitee: CNOOC Gas & Power Trading & Marketing Branch, CPC Corporation, Taiwan and Petronet LNG Ltd. The increase by three new members from Asia, reflects the growing importance of LNG imports in the region.
November 17, 2020
Energía Costa Azul LNG takes FID
Energía Costa Azul LNG, a joint venture between Sempra LNG and Infraestructura Energética Nova (IEnova), which is Sempra Energy's subsidiary in Mexico, has taken FID for the phase 1 of the ECA LNG export project. The 3.25 Mtpa single-train liquefaction facility, located in Baja California (Mexico), will be built at IEnova's existing Energía Costa Azul LNG regasification terminal and is expected to start operations by 2024. The feed gas for the project will come from the United States. This is the first export project reaching FID in 2020.
Edited from Sempra press release