Regasification

Octopus LNG has awarded Duro Felguera a contract to construct the Penco Lirquén LNG Terminal in Chile.

The Moroccan Energy Minister has announced that Morocco will shortlist three companies for its latest LNG import deal within the next two weeks.

SC Klaipedos Nafta’s LNG terminal regasified 320 000 MWh of LNG in September 2015.

The fourth edition of the Handbook addresses the latest commercial and technical developments of the industry.

MOL and Gas Sayago have reached an agreement to continue the FSRU project in Uruguay.

Gasum has announced that it will not proceed with the construction of an LNG terminal in Finland and a Balticconnector offshore pipeline, due to a lack of commercial viability.

LNG Croatia LLC has recently received a valid location permit for the proposed LNG receiving terminal on the Island of Krk.

Höegh LNG Partners has completed its purchase of the FSRU, Höegh Gallant, from its subsidiary company, Höegh LNG Holding.

Subsidiaries from PTT and Osaka Gas have established a joint venture company, which will focus on the Thai LNG market.

Construction work on the 5th tank at Fluxys’ LNG terminal in Zeebrugge began this summer as planned.

Hokkaido Electric Power Co. has made a 10 year agreement with Kansai and Petronas for up to 330 000 tpy of LNG for its Ishikariwan Shinko power plant.

Beijing Gas has signed a contract with ENGIE for 150 000 m3 of LNG to be imported by November 2015.

Tian Lun Gas has been loaned US$60 million by the IFC and IFC Global Infrastructure Fund for it to grow its current LNG operations in China.

The European Commission has held a conference, in which members discussed the EU’s upcoming strategy with regards to LNG and gas storage.

Cedigaz predicts the global LNG market will grow by 2.1 – 2.5% in 2015.