Regasification

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.

Ashurst advised Pavilion Gas on its successful bid for a Singapore LNG import licence.

According to Reuters, an official at EGAS has said that Egypt will delay its plans to rent a third FSRU for one month, until the ministry of energy determines its electricity requirements.

The Prime Minister of Greece, Alexis Tsipras, comments on the importance of Greece as an energy player.

For the third year, Italy’s Ministry of Economic Development has selected the Adriatic LNG terminal to offer a peak shaving service.

According to Reuters, General Electric has been awarded a US$900 million contract to construct a 1500 MW natural gas-fired combined cycle power plant in Brazil.

According to Reuters, Egypt Natural Gas Holding has launched a tender to secure 96 LNG cargoes in 2017 and 2018.

Singapore’s Energy Market Authority has awarded Pavilion Gas and Shell permits to import the next tranche of LNG into Singapore.

HIGAS has obtained final governmental approval for the first small scale LNG storage plant in the Mediterranean.

A new report from Douglas-Westwood forecasts that the emerging LNG market will strengthen spot trading.

According to Reuters, Qatargas has signed a five-year LNG sales and purchase agreement with Petronas LNG UK.