Indonesia seeks buyers for uncommitted LNG cargoes
According to Reuters, Indonesia is currently seeking purchasers for three or four uncommitted LNG cargoes.
Regasification
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Chinese JV established for LNG heat supply and integrated utilisation project
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’s FSRU reaches new milestone
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 signs two pipeline benefits agreements
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.
FERC denies applications for Jordan Cove LNG and Pacific Connector Gas pipeline
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.
Hillabee expansion project to begin in May 2016
Following recent Federal Energy Regulatory Commission approval, Williams Partners has announced that construction on its Hillabee expansion project will commence in May 2016.
Cedigaz releases first estimates on the global LNG trade in 2015
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 in talks with third party regarding possible acquisition
TransCanada Corp. has issued a response to the recent reports that it is currently holding discussions with a third party regarding a possible acquisition.
Japan LNG spot price falls
The spot price of LNG imported into Japan fell to US$6.5/million Btu in February 2016.
MET International AG establishes new LNG trading desk
Reuters reports that a new LNG trading desk is being established by Switzerland-based MET International AG.
Japan’s Shizuoka Gas to begin LNG reloading operations
Bloomberg reports that Japan’s Shizuoka Gas Co. will be ready to begin LNG reloading operations at its Sodeshi terminal in April 2016.
Klaipedos Nafta shareholders approve reloading station contract
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.
Supporting the supply chain
Andrew Bout, Eka Software, Canada, discusses the important role that energy trading and risk management software plays in the LNG supply chain.
Fortum completes acquisition of Grupa DUON
Fortum has released a statement claiming that it has completed the acquisition of 93.35% of shares in the polish gas and electric sales company, Grupa DUON S.A.
EGAS makes first LNG payments since payment terms extended
EGAS has made payments to LNG suppliers for the first time since the payment terms for deliveries were extended in December 2015.