Regasification

The IEA has released its ‘Global Gas Security Review’, which aims to provide more transparency into the LNG market.

According to Reuters, Pakistan has secured a further US$8.5 billion of investment from Beijing, China, with US$4 billion to go towards an LNG terminal and transmission line.

RasGas recently delivered its first LNG cargo to the Dunkerque LNG regasification terminal.

Alpha Process Controls has supplied an LNG hose transfer system to GNL Quintero’s regasification terminal in Chile.

According to Reuters, Hoegh LNG Partners LP is considering the possibility of spending US$300 million – US$400 million on a fifth floating storage regasification unit.

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.