Regasification

According to Reuters, Korea Gas Corp. has signed a memorandum of understanding with the Brazilian state of Ceara to cooperate in the development of an LNG import terminal in Brazil.

Tokyo Gas Co. Ltd has announced that it has received its first delivery of LNG from the Chevron-operated Gorgon LNG project.

A new forecast from Douglas-Westwood suggests that global LNG expenditure will total US$284 billion between 2017 and 2021.

Klaipedos Nafta’s LNG terminal regasified a total of 840 000 MWh of LNG during August 2016.

According to Reuters, the head of Pakistan’s state-owned LNG company has announced plans to issue two international tenders in October 2016 for 750 000 tpy of LNG each.

Australia Pacific LNG has signed a 20-year gas transportation agreement with APA Group, which will see APA construct and operate a pipeline stretching from the Reedy Creek site directly to the Wallumbilla Gas Supply Hub.

Excelerate Energy L.P. has announced that it successfully completed its 1000th commercial ship-to-ship LNG transfer on 31 August 2016 at the GNL Escobar LNG import terminal in Argentina.

Centrica has signed a new five-year LNG supply agreement with Qatargas, starting in January 2019.

According to Reuters, mild temperatures in late winter have hit fuel demand in Argentina, forcing state-run Enarsa to divert or cancel incoming LNG shipments.

Pivotal LNG has announced that it has reached a multi-year agreement to sell LNG to a subsidiary of Crowley Maritime Corp., Carib Energy LLC.

Wärtsilä has announced that it has signed a turnkey contract to construct an LNG receiving terminal in Raahe, Finland.

A top executive at Indian Oil Corp. has said that the company will continue to import a minimum of two cargoes of LNG each month after the Dahej import terminal expansion.

Gate terminal has expanded to include a third berth especially for small LNG vessels.

Chevron U.S.A. Inc. has signed a binding LNG sales and purchase agreement with ENN LNG Trading Co. Ltd for the delivery of LNG to China from Chevron’s global supply portfolio.

An interview with Manish Tiwani, General Manager, H Energy.