LNG

Terry Willis, The EIC, Dubai, examines the increasing pace of new LNG liquefaction capacity and exports from the Middle East.

Qatar’s RasGas has signed a deal to supply CPC with at least 1.5 million tpa of LNG.

Inpex Corp. and Total have signed a sales and purchase agreement with a consortium of five Japanese utility companies to supply them with 4 million tpa of LNG from the Ichthys LNG project.

Höegh LNG Holdings Ltd. has entered into an agreement with Daewoo Shipbuilding & Marine Engineering Co. (DSME) to initiate a project specific FEED of an LNG FPSO solution for the Tamar gas field offshore Israel.

InterOil Corporation and Pacific LNG Operations Ltd. announced the signing of a Heads of Agreement (HOA) with ENN Energy Trading Company Ltd., for the supply of 1 -1.5 million tpa of LNG from the Gulf LNG project in Papua New Guinea.

FMC Technologies, Inc is to manufacture and supply the subsea production systems to support the Wheatstone LNG Project. The contract has an approximate value of US$ 325 million.

The LNG terminal in Sendai, Japan will receive its first cargo since closing back in March.

Inpex Gas British Columbia Ltd. has agreed in principle to acquire a 40% participating interest in the shale gas projects in the Horn River, Cordova and Liard basins from Nexen Inc. This will be the first time that Inpex have invested in a shale gas development.

A round up of late November downstream news for the Asia and Pacific regions.

InterOil Corporation and Pacific LNG Operations Ltd. have signed a Heads of Agreement (HOA) with Gunvor Singapore Pte. Ltd., for the supply of 1 million tpa of LNG from the Gulf LNG Project in Papua New Guinea.

Anadarko has made another significant gas discovery at its Barquentine-3 appraisal well, with this find the company should have enough gas reserve sin place to push on with its liquefaction plant development.

Somali pirates operating out of the failed state have been posing a serious threat to shipping which passes through the region, taking many ships and their crew hostage, but what specific threat do these attacks pose to LNG carriers?

Girish Shirodkar, Strategic Decisions Group, India, provides an overview of the ASEAN members, centring on the strategic apparatuses in place to fuel future growth in South East Asia.

Bit Viking, which is owned by Sweden's Tarbit Shipping, was converted under supervision from Germanischer Lloyd (GL) and now qualifies for lower nitrogen oxide (NOx) emission taxes under the Norwegian government's NOx fund scheme.

Cheniere Energy Partners, L.P. has entered into a LNG sale and purchase agreement (SPA) with Gas Natural Aprovisionamientos, a subsidiary of Gas Natural Fenosa, under which Gas Natural Fenosa has agreed to purchase 3.5 million tpa of LNG over a 20 year period.