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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.

 

September 9, 2020

Vietnam seeks 25 year gas sales agreement

Delta Offshore Energy has launched a RFP for a 25 year gas sales agreement. The tender is for delivery of 2.5 – 3.0 MTPA over a 25 year period, on a DES or FOB basis to the offshore LNG regasification facility in Bac Lieu Province. The LNG supplied will be used for the 3.2 GW LNG-to-Power project, which has been approved by the Vietnamese Government and has been included in the national Power Development Plan revision 7. The Bac Lieu LNG facility is expected to start up in 2024.

Edited from Delta Offshore’s press release

September 8, 2020

Malaysia launches Virtual Pipeline System

PETRONAS has recently launched a Virtual Pipeline System (VPS) solution via the regasification terminal in Pengerang, Johor, to facilitate the use of LNG across Malaysia, through the delivery of LNG using trucks fitted with cryogenic tanks to off-grid customers.

Edited from Petronas’ press release

September 4, 2020

China buys LNG from Qatar

Sinopec Corp in China has awarded  a 10-year buy tender,  to buy 1 MTPA of LNG from Qatargas. It  will be paid at a slope of 10.19% to Brent crude on a delivered ex-ship basis. Supply will start from 2022.

 

August 28, 2020

Elba Island puts last train into service

Unit 7, the last of 10 movable modular liquefaction units of Elba Liquefaction project has started commercial operations. In full commercial operation, the Elba Island Liquefaction facility has a total capacity of approximately 2.5 MTPA of LNG for export. The project is supported by a 20-year contract with Shell LNG NA, LLC, who is subscribed to 100% of the liquefaction capacity.

Edited from Kinder Morgan’s press release

August 26, 2020

Novatek launches small-scale LNG plant in Magnitogorsk

Novatek has announced the launch of a small-scale LNG plant with a design capacity of 40 thousand tons per annum in the Chelyabinsk region. NOVATEK-Chelyabinsk, a wholly owned subsidiary, has already commenced pilot LNG production at the facility. The LNG produced will be sold primarily as natural gas motor fuel and will supply LNG to its branded refueling complexes for passenger, cargo transport and mining equipment in the Chelyabinsk Region and the neighboring areas.  

Edited from Novatek’s press release

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