Regasification

Singapore Exchange has announced that it has signed a memorandum of understanding with Tokyo Commodity Exchange Inc. to cooperate in developing the LNG market in Asia.

According to Reuters, PGNiG – the Polish state-run gas firm – has doubled its gas output in Pakistan to over 0.5 million m3/d, following the recent launch of production at a new deposit.

AB Klaipedos nafta has announced that, at a meeting on 17 November 2016, the National Commission for Energy Control and Prices adopted decisions on setting the LNG terminal supplement tariff for 2017.

Shearman & Sterling has released a statement claiming that it is advising Golar Power on the development of the Porto de Sergipe LNG-to-power project in Brazil.

The IGU has called for greater use of natural gas in the transition to a low carbon economy.

Adriatic LNG has successfully completed the tender procedure for peak shaving services for winter 2016 to 2017.

Black & Veatch has announced that it has been selected as owner’s engineer by CELSE for the Porto de Sergipe plant – a 1516 MW combined cycle power project in northeastern Brazil.

According to Reuters, AGL Energy is considering the possibility of importing LNG into Southeastern Australia from 2021 onwards.

The CEO of Golar Power has labelled the recently announced LNG sale and purchase agreement between Ocean LNG Ltd and CELSE a milestone for the Porto de Sergipe power plant.

BAM Iconsa has been awarded a contract to design and construct an LNG import jetty and intake/outfall structure for the Costa Norte LNG terminal in Panama.

Klaipedos Nafta has concluded an agreement to receive partial support for its LNG reloading station, small scale LNG equipment, and LNG jetty equipment.

According to Reuters, the Turkish energy minister, Berat Albayrak, has said that the country is on track to become a major hub for energy trading, especially for natural gas.

Klaipedos Nafta regasified 631 000 MWh of natural gas from its LNG terminal in October 2016.

Flogas Britain and Stolt-Nielsen LNG Holdings Ltd have announced a joint project to bring LNG to Scotland.

According to Reuters, PetroChina has started up new LNG storage tanks at two receiving terminals in preparation for winter demand.