LNG

In an update of the Ichthys project onshore LNG facilities, JKC has announced that the largest module of the final three shipments has been successfully offloaded.

Korea Gas Corp. has signed a memorandum of understanding with the Government of Yucatan, Mexico, to construct an LNG import terminal and the associated gas pipelines.

IHI Corp.’s floating LNG power station (FLPS) has been granted Approval in Principle (AIP) by DNV GL.

National Marine Dredging Co. has announced that it has been awarded a contract worth US$316 million for the engineering, procurement and construction of a new LNG terminal in Gujarat, India.

According to Reuters, Japan’s Jera Co. is planning to decrease the amount of gas that it purchases under long-term contracts by 42% by 2030.

Mr D.H.M. Wood is set to replace Mr P.M. van Rossum as Management Board member and CFO of SBM Offshore.

JOGMEC has signed loan guarantee agreements to support the development of a third liquefaction train at the Tangguh LNG Project in Indonesia.

Gazprom’s net income fell 5.2% in 1Q16 to 362.3 billion roubles.

Navigator Gas has announced that the Navigator Aurora has been delivered to the Jiangnan Shipyard in Shanghai, China.

In its latest ‘World FLNG Market Forecast’, Douglas-Westwood forecasts that global CAPEX on FLNG facilities will increase to US$41.6 billion between 2017 – 2022.

According to Reuters, Shell Petroleum Development Company of Nigeria Ltd has declared force majeure on the supply of gas to the Nigeria LNG export plant.

Clean Energy Fuels Corp. has announced its operating results for 2Q16, delivering 82.9 million gal. in the period – an 11% increase from the 74.4 million gal. that was delivered in 2Q15.

Cheniere Energy Inc. has released its results for 2Q16, reporting a net loss of US$298.4 million, or US$1.31 per share (basic and diluted).

Dr. Dambisa Moyo and Dr. Wanda Austin have been elected to Chevron’s board of directors.

The Eagle Mountain-Woodfibre Gas Pipeline project, which will deliver gas to the Woodfibre LNG project in British Columbia, has been granted environmental assessment approval.