Regasification

The CEO of Gazprom, Alexey Miller, has reportedly said that the company is looking to renegotiate an LNG supply deal with India’s Gail (India) Ltd within the coming six months.

Although the global gas market may be descending into the tunnel of oversupply, Timera Energy suspects that this tunnel is shorter than many people think.

The commercialisation of the natural gas-fired power generation project in Soma Port, Japan, as well as the participation of three new shareholders, has been approved at a recent Fukushima Gas Power Co. Ltd shareholder meeting.

According to Reuters, India’s Oil Minister, Dharmendra Pradhan, has told a news conference that the country is planning to more than double its LNG import capacity in the next year.

Elengy has released a statement claiming that, alongside Fosmax, it has successfully reloaded 50 LNG cargoes since it began offering the service in April 2012.

KBR has been awarded a feasibility study that includes exploring the possible expansion of the Singapore LNG terminal.

Gas LNG Europe has held a meeting at Reganosa’s facilities in Mugardos, Spain, to analyse the future of the gas sector.

Klaipedos Nafta’s LNG terminal regasified 1 159 000 MWh of natural gas during September 2016.

Alexander Harsema-Mensonides, Braemar, USA, looks at how the role of LNG is changing from wholesale to retail markets.

The Bulgarian energy minister has said that the country could take up to a 25% stake in a project to construct a floating LNG terminal, located off the coast of Northern Greece.

According to Reuters, Ivory Coast has signed a partnership pact to create a Total-led consortium to construct an LNG import terminal.

BP has entered into a sales and purchase agreement with the Area 4 concession partners to purchase 100% of LNG produced by the Coral South floating LNG facility, which is expected to be located offshore Mozambique.

Mott MacDonald has been appointed as the independent engineer for a CCGT plant and interconnected LNG terminal in Panama.

According to Reuters, GG Power is planning to commence construction of its Port of Sergipe Thermoelectric Plant in Brazil in November 2016.

In its recent World FLNG Market Forecast, Douglas-Westwood predicts a boost for regasification units.