LNG export news

According to Reuters, Union Fenosa Gas has announced that it has not received sufficient guarantees regarding a US$2 billion payment in on-going discussions with Egypt to restart an LNG plant.

Commonwealth LNG has received pledges from European companies which are prepared to purchase almost half the capacity of its planned LNG export terminal in Louisiana.

LNG Limited has, through its 100% owned project company, Bear Head LNG Corp. Inc., signed agreements with the Assembly of Nova Scotia Mi’kmaq Chiefs and the Nova Scotia Construction Labour Relations Association Ltd and Cape Breton Unions.

Air Products has announced that it has signed an agreement to provide its proprietary LNG technology, equipment and related process licence to Golden Pass Products LLC.

Annova LNG has announced that it has signed a facilities agreement with the South Texas Electrical Cooperative for 405 MW.

Anadarko is now very close to a final investment decision (FID) regarding its Mozambique LNG terminal.

Anadarko Petroleum Corporation has announced that Mozambique LNG1 Company has signed a sale and purchase agreement with Bharat Gas Resources.

Asian LNG spot prices have continued their steady decline, reaching a 17 month low.

Tellurian has announced that it has signed an MOU with Petronet LNG Limited INDIA (PLL), wherein PLL is exploring the possibility of investment in the proposed Driftwood LNG project.

Todd Olin, Emerson Automation Solutions, USA, describes how temperature monitoring can smooth out startup and loading cycles, while minimising thermal shock at LNG terminals.