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May 27, 2021
Tellurian signs SPA with Gunvor
Tellurian and Gunvor have signed a 10-year SPA for 3 MTPA of LNG. The contract price is indexed to a combination of the JKM and TTF indices, netted back for transportation charges. The LNG will be delivered on FOB basis from Tellurian’s Driftwood LNG, a 27.6 MTPA liquefaction project proposed near Lake Charles, Louisiana in the United States.
Edited from Tellurian press releases
May 21, 2021
First small-scale reloading in the Mediterranean
First small-scale reloading of LNG, performed on 21 May at the FSRU LNG Croatia located at Krk Island, marked the start of the bunkering service at the terminal and was the first reloading carried out in the Mediterranean. LNG was reloaded from the FSRU to a 7 500 m3Avenir Accolade dual-purpose – LNG supply and bunkering – vessel to deliver the commissioning cargo to the HIGAS LNG terminal in Sardinia.
Edited from LNG Croatia and Avenir LNG press releases
May 20, 2021
Total signs LNG SPA with ArcelorMittal Nippon Steel
Total announced the signing a 5-year SPA with ArcelorMittal Nippon Steel for delivery of 0.5 MTPA of LNG to Indian LNG terminals (Dahej or Hazira) until 2026. The LNG will be sourced from Total’s portfolio and will be used to for steel and power production in Hazira, Gujarat state.
Edited from Total press release
May 12, 2021
Woodfibre LNG signs second SPA with BP
Woodfibre LNG, a 100% subsidiary of Pacific Oil & Gas Limited, signed a 15-year LNG SPA with BP Gas Marketing Limited, a wholly owned indirect subsidiary of BP, for the delivery of 0.75 MTPA of LNG from Woodfibre LNG project, located in Squamish, British Columbia. This is the second LNG SPA between the companies, bringing BP’s LNG off-take to 1.5 MTPA.
Edited from Woodfibre LNG press release
May 7, 2021
Petronas signs first Canadian-indexed LNG deal
Petronas LNG sold a spot LNG cargo to a buyer in the Far East for August delivery using the Canada Alberta Energy Company (AECO) index.