Regasification

GasLog Ltd has announced that it has appointed Bruno Larsen as head of floating storage and regasification unit development.

Following the recent announcement that Excelerate Energy’s floating storage and regasification unit, Explorer, had reached a total send-out capacity of 1 billion ft3/d, the company has released an accompanying video, focusing the vessel’s features.

According to Reuters, Indonesia is currently seeking purchasers for three or four uncommitted LNG cargoes.

Hua Xia Northern (Tianjin) New Energy Technology Development Ltd has signed a letter of intent with several companies to establish a new JV LNG company – Tianjin Jinre Hua Xia New Energy.

Excelerate Energy has announced that its floating storage and regasification unit, Explorer, has successfully completed send-out performance tests and reached a send-out capacity of 1 billion ft3/d.

Metlakatla First Nation has signed two pipeline agreements with the provincial government regarding the benefits it will receive from the LNG industry in British Columbia, Canada.

Veresen Inc. has released a statement claiming that it has received an order from the US Federal Energy Regulatory Commission denying the Jordan Cove LNG and Pacific Connector Gas Pipeline applications.

Following recent Federal Energy Regulatory Commission approval, Williams Partners has announced that construction on its Hillabee expansion project will commence in May 2016.

Cedigaz has released a statement claiming that, according to its first estimates, LNG imports grew by 2.1% in 2015 to 241.2 million t.

TransCanada Corp. has issued a response to the recent reports that it is currently holding discussions with a third party regarding a possible acquisition.

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

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

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

The Board of AB Klaipedos Nafta has announced that the company’s shareholders have approved the decision to enter into an EPC contract for the proposed Klaipeda LNG reloading station.

Andrew Bout, Eka Software, Canada, discusses the important role that energy trading and risk management software plays in the LNG supply chain.