Regasification

Chris Holmes, Purvin & Gertz, describes the impact of the Great East Japan earthquake on the LNG supply to Europe.

Hyundai Heavy Industries, the world’s biggest shipbuilder, has clinched a US$ 500 million order to build the world’s first two new LNG FSRU for Hoegh LNG.

Qatargas has delivered its first ever LNG cargo to Thailand. The cargo was delivered to the Map Ta Phut LNG terminal by the LNG carrier Golar Viking.

Petronet LNG Ltd and Gazprom Global LNG have concluded a memorandum of understanding for the long term supply of 2.5 million tpy of LNG for up to 25 years.

API CEo Jack Gerard addressed an LA audience on the central role of the energy industry in the economy of California and the US as a whole.

Australia Pacific LNG and Sinopec have signed a Sale and Purchase Agreement for the supply of LNG from Australia Pacific LNG’s CBM resources and proposed LNG facility on Curtis Island, Queensland. The agreement could be worth up to US$ 85 billion.

Armelle Lecarpentier, Cedigaz, France, explores recent developments and trends in natural gas markets across the globe.

The latest EIC Monitor tracking new active and future projects across the global energy industry shows positive signs of growth across all sectors this quarter (Q1:January – March 2011), with the total number of new project announcements up 29% on the previous quarter.

Qatargas is to supply additional 4 million tonnes of LNG, equivalent to sixty plus conventional LNG cargos to Japan to help it meet its energy needs.

The company has pledged to donate 1 million ltrs of fuel to north eastern municipal authorities for distribution among those worse affected by the natural disaster.

Icon Energy has signed a 20 year LNG sales agreement with Icon Energy to supply 40 million tonnes of LNG. The first cargo is expected to be delivered by 2016.

In the aftermath of the Japanese earthquake and resulting tsunami, amid fears of a radiological disaster, commentators worldwide are postulating one question: is this the end of nuclear power? Alisa Murphy, CEO, B9 Coal, UK, argues they ought to be discussing the wider energy mix.

India looks to up supplies of crude to meet refining capacity, while state owned company GAIL seeks LNG stake.India looks to up supplies of crude to meet refining capacity, while state owned company GAIL seeks LNG stake.

After the devastating earthquake that struck Japan last week, neighbouring countries are now diverting LNG cargos to help meet the country’s energy needs and keep the lights on.

BG Group today signed a sales agreement with Tokyo Gas Co., Ltd. for the supply of 1.2 million tpy of LNG for 20 years from 2015.