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Regasification

Emirates LNG selects Excelerate to build LNG terminal in UAE

Emirates LNG – a joint venture between Abu Dhabi's Mubadala Petroleum and International Petroleum Investment Co. – has selected United States-based Excelerate Energy to build an LNG import terminal in the United Arab Emirates, two sources close to the deal told Reuters on Tuesday.

11 June 2013
Supply Contracts

Qatar to supply five free LNG cargoes to Egypt

Qatar will supply five free LNG cargoes to Egypt to help the country with its chronic gas shortage over the peak summer period, the Egyptian Petroleum Ministry said in a statement on its website this week.

11 June 2013
Liquefaction

FLNG ‘achievable’ at $550-700/t – Excelerate

LNG from the Lavaca Bay FLNG project is achievable at between $550 and $700 per ton, according to a senior executive at the facility’s owner Excelerate Energy.

11 June 2013
Liquefaction

Gulf of Mexico emerges as FLNG hotspot

The Gulf of Mexico is emerging as a key area for FLNG projects as United States producers search for new ways to exploit the shale gas revolution, delegates at FLNG 2013 in London heard on Tuesday.

11 June 2013
Liquefaction

Woodside reveals cost of cancelled Browse LNG

Woodside Energy has revealed the capital cost for its cancelled Browse LNG project at James Price Point onshore Western Australia would have been as much as A$90-100 billion ($84.9-94.4 billion), The Australian reported on Monday.

10 June 2013
Liquefaction

Exxon, BHP Billiton start Japanese sales drive

ExxonMobil and BHP Billiton have started an initial sales drive in Japan for LNG from the Scarborough FLNG plant they are planning offshore Western Australia, the Australian Financial Review reported last week.

10 June 2013
Regasification

The lure of FSRUs for the Middle East: Part 2

Demand for FSRUs in the Middle East and North Africa is soaring. In the second of this two-part feature, Interfax explores how LNG players in the region are structuring contracts to ensure they can secure the most competitive bids.

10 June 2013
Liquefaction

Russia announces Chinese interest in LNG from Vladivostok

Chinese companies are conducting negotiations with Gazprom over involvement in a project to build an LNG plant near Vladivostok, Russian Ambassador to China Andrei Denisov said.

10 June 2013
Regasification

The lure of FSRUs for the Middle East

In the Middle East and North Africa – a region that holds 40% of the world’s gas reserves – demand for FSRUs is soaring. In the first of a two part feature, Interfax explores why this is and whether suppliers can meet the demand.

7 June 2013
Liquefaction

Rosneft on the lookout for Gazprom’s misfortunes

Gazprom is facing difficult times and its rivals are looking out for any opportunities this presents. But the company remains important to the Kremlin and it is unlikely to let it succumb to any drama

7 June 2013
Liquefaction

China’s operational liquefaction capacity slips to 51%

China’s LNG liquefaction facilities were running at 51% of capacity as of 4 June – down by 9% from an average rate of 60% in May, an energy consultancy told Interfax on Friday.

7 June 2013
Supply Contracts

US LNG could be uncompetitive for UK

The economics of LNG exports from the United States Gulf coast could be unprofitable for delivering gas to the UK, according to projections from consultancy Nexant.

6 June 2013
Supply Contracts

E.On diversifies with Canadian LNG import deal at market rates

E.On's deal to offtake Canadian LNG at market rates provides evidence Germany's largest utility is losing patience with its long-term partner Gazprom over its contract framework.

6 June 2013
Regasification

Endesa Chile and BG bury the hatchet

Power generator Endesa Chile has ended its squabble with BG Group over the volume and price of the UK giant’s LNG supplies to the Latin American country.

6 June 2013
Regasification

Jordan LNG infrastructure tender deadline close

The tender deadline to submit bids for the engineering, procurement and construction contract of an LNG jetty and associated infrastructure at the port of Aqaba in the south of Jordan has been extended until 7 July, a spokesperson for the Aqaba Development Corp. told Interfax on Wednesday.

5 June 2013
Liquefaction

Angola LNG loads first cargo

The $10 billion Angola LNG project loaded its first cargo this month, three people with knowledge of the matter told Bloomberg.

5 June 2013
Supply Contracts

Angola LNG set for June startup

Production at Sonangol’s Angola LNG facility has started and the first cargo will be loaded by the end of the month, a spokesman for the facility confirmed on Wednesday.

5 June 2013
Supply Contracts

Charter rates ease

Production issues at plants around the world have eased demand for tankers, allowing charter rates to fall.

5 June 2013
Supply Contracts

European reloads persist

Reloads have taken place from Zeebrugge and Sagunto despite major Atlantic Basin supply outages.

5 June 2013
Liquefaction

Atlantic Basin supply slashed by disruptions

The addition of an outage at Statoil’s Snøhvit facility in Norway to Nigeria LNG’s force majeure has left Atlantic Basin supply lacking.

5 June 2013

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