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LNG News

By Admin 18 Sep, 2017

On September 15, 2017, the U.S. Department of Energy announced that it has approved a long-term application from Eagle LNG to export LNG to FTA and non-FTA countries.

Eagle LNG has been authorized to export U.S. produced LNG in ISO containers loaded at the Maxville Facility located in Jacksonville, Florida, to anywhere in the world not prohibited by U.S. law or policy.

Eagle Maxville sought authorization to export up to a total of 2.8 Bcf/yr of natural gas (0.01 Bcf/d) to FTA and non-FTA countries. The U.S. DOE order authorizes the export of LNG in the full amount requested, up to the equivalent of 2.8 Bcf/yr of natural gas.

According to Eagle LNG the Maxville Facility primarily will produce LNG for use as marine fuel for domestic markets, but Eagle Maxville also seeks to export any remaining output to markets in the Caribbean Basin and elsewhere in the region.

Eagle LNG started construction of theMaxville LNG plant in May of 2016. Eagle LNG is in the final stages of completing the Maxville plant with commissioning activities underway.  Commercial operations are expected to begin in October 2017.

Eagle LNG is a wholly owned subsidiary of Ferus Natural Gas Fuels LP and privately-held by The Energy & Minerals Group. 

By Admin 12 Sep, 2017
After a journey of nearly 6000 kms, Prelude FLNG has arrived in Australia where it will produce liquefied natural gas for the next 25 years. But first the project team must moor the largest floating facility ever built.
By Admin 07 Sep, 2017

Tellurian announced yesterday it has entered into an agreement with a private seller to acquire natural gas producing assets and undeveloped acreage in northern Louisiana for $85.1 million. The transaction is scheduled to close by the end of November 2017 subject to customary closing conditions.

According to a company statement the assets are located in Red River, DeSoto and Natchitoches Parishes, and include:

  • 9,200 net acres with up to 138 operated Haynesville and Bossier drilling locations 
  • Approximately 1.3 trillion cubic feet (Tcf) of total natural gas resource potential 
  • 19 producing operated wells with net current production of four million cubic feet per day (MMcfd) Associated natural gas gathering and processing facilities with substantial additional capacity 
The assets are 100% held by production and 92% operated, allowing Tellurian to control the pace of development for its multi-year drilling inventory. President and CEO Meg Gentle said, "Acquisition of natural gas producing assets is integral to our growing business. We expect our full cycle cost of production and transport to markets will be approximately $2.25 per MMBtu, which represents a significant savings to natural gas we will purchase at Henry Hub and other regional liquidity points. Platts LNG Daily reported the price of LNG in the Gulf of Mexico was $5.67 per MMBtu yesterday, providing the price signal to construct additional liquefaction capacity."

Tellurian was founded by Charif Souki and Martin Houston and is led by President and CEO Meg Gentle. Tellurian plans to build a natural gas business that includes development of the Driftwood LNG terminal, an ~ 26 mtpa LNG export facility, and an associated pipeline.

By Admin 06 Sep, 2017

Carnival Corporation announced today the official beginning of construction for the first of its seven next-generation cruise ships that will be fully-powered by liquefied natural gas with a keel-laying ceremony at Seatrade Europe in Hamburg.

These new ships can use LNG to generate 100 percent of their power both in port and on the open sea. The seven ships, with delivery dates between 2018 and 2022, will be built by German and Finnish shipbuilders Meyer Werft and Meyer Turku.

"Today marked a significant milestone in the construction of this next-generation of Carnival Corporation ships featuring our 'green cruising' design, which will be the most environmentally friendly ships in our company's history," said Arnold Donald, president and CEO of Carnival Corporation. "We are committed to continuing to reduce air emissions and improving air quality by evaluating both new and established solutions, including LNG. We are proud to be on the forefront of advancing LNG as a fuel source for the cruise industry, and we appreciate our long-standing partnership with Meyer Werft and Meyer Turku.”

Following the introduction of AIDAnova in 2018, Carnival Corporation's Costa Cruises brand will debut the industry's next cruise ship that can be powered completely by LNG on the open seas in 2019 – the first steel-cutting ceremony for this ship is scheduled at the Meyer Turku shipyard in the coming week. LNG-powered ships for Carnival Cruise Line and P&O Cruises (UK) will follow in 2020. Costa Cruises and AIDA Cruises will each receive an additional LNG-powered ship in 2021, followed by an additional LNG-powered ship for Carnival Cruise Line in 2022.

In October 2016, Carnival Corporation signed a framework agreement with Shell to be its supplier of marine LNG to power the first two of its new LNG ships for AIDA Cruises and Costa Cruises with itineraries visiting popular European ports. As part of the agreement, the ships will utilize Shell's infrastructure in cruise ports to refuel with LNG throughout their itineraries. The vessels, equipped with dual-fuel engines, are the first of a new generation of cruise ships fully powered by LNG both while in port and at sea – an industry first and an environmental breakthrough that will improve air quality with cleaner emissions.

By Admin 25 Aug, 2017

The INPEX-operated Ichthys LNG Project’s floating production, storage and offloading facility (FPSO) was safely moored today in the Ichthys Field, 220 kilometres off the north coast of Western Australia according to a company statement.

“The safe and efficient mooring of the Ichthys Venturer in the 250-metre deep waters of the Ichthys Field heralds another successful milestone for the INPEXoperated Ichthys LNG Project,” Mr Louis Bon, Managing Director Ichthys Project stated.

“Completing the complex operation of connecting 21 pre-installed mooring chains, weighing more than 15,000 tonnes, from the seabed to the FPSO is testament to the well-coordinated work of our personnel, including contractors and subcontractors from around the globe,” Mr Bon said.

The FPSO has been designed to process and store most of the condensate delivered from the Ichthys LNG Project’s central processing facility, Ichthys Explorer, before periodically offloading it to carriers for export to market.

The Ichthys LNG Project is expected to produce up to 8.9 million tonnes of LNG per annum and 1.65 million tonnes of LPG per annum, along with approximately 100,000 barrels of condensate per day at peak.

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