LNG - 10 March 2016

IHI E&C has announced that it has appointed John Coffin as Vice President of Engineering.

Reuters reports that Novatek is planning to launch its first LNG Train for the Yamal LNG project in 2017.

Ophir Energy has posted a pre-tax operating loss of US$376 million for 2015.

Lanner has been awarded a contract by a major US LNG operator to supply its LNG Logistics Simulator, for the company’s LNG export terminal, Louisiana.

Reuters reports that a new LNG trading desk is being established by Switzerland-based MET International AG.

The spot price of LNG imported into Japan fell to US$6.5/million Btu in February 2016.

“These amendments are about having the best safety standards in place, while clarifying the regulatory environment for industry,” stated Minister of Natural Gas Development, Rich Coleman.

The Ineos Intrepid has left the Markus Hook terminal carrying US shale gas ethane bound for Rafnes in Norway.

Bloomberg reports that Japan’s Shizuoka Gas Co. will be ready to begin LNG reloading operations at its Sodeshi terminal in April 2016.