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By Admin 08 Dec, 2017

The U.S. Energy Information Administration (EIA) natural gas weekly update released December 7th, 2017 noted four LNG vessels (LNG-carrying capacity of 14.0 Bcf combined) departed the Sabine Pass liquefaction facility over the report week (Wednesday, November 29 to Wednesday, December 6, 2017). Two tankers (LNG-carrying capacity of 6.9 Bcf combined) were loading at the terminal on Wednesday.

Total U.S. consumption of natural gas rose by 8% compared with the previous report week. Natural gas consumed for power generation climbed by 12% week over week. Industrial sector consumption increased by 1% week over week. In the residential and commercial sectors, consumption increased by 10%. Natural gas exports to Mexico decreased 7%.

By Admin 06 Dec, 2017

Eni, together with its Area 4 Partners, announced today that the Coral South FLNG multi-sourced project financing achieved financial close for a total amount of almost $4.7 Billion (USD).  

Coral South FLNG is the first project sanctioned by the Area 4 Partners for the development of gas resources discovered by Eni and its Partners in the Rovuma Basin offshore Mozambique. It targets the production and monetization of the gas contained in the southern part of the Coral gas reservoir, by means of a floating LNG plant with a capacity of 3.4 MTPA. A Sale and Purchase Agreement was signed in 2016 for the sale of 100% of the LNG production to BP.

Eni is the Operator of Area 4, holding a 50 percent indirect interest through its participation in Eni East Africa (EEA). In March 2017, Eni and ExxonMobil signed a Sale and Purchase Agreement to enable ExxonMobil to acquire a 25 percent interest in Area 4, through EEA. The remaining interests in Area 4 are held by CNODC (20%), Empresa Nacional de Hidrocarbonetos E.P. (ENH, 10%), Kogas (10%) and Galp Energia (10%).

By Admin 06 Dec, 2017

On December 5th, 2017 Dominion Energy Cove Point introduced feed gas into its newly constructed natural gas liquefaction facility currently undergoing commissioning. The Dominion Energy Cove Point Terminal is located on the Chesapeake Bay in Lusby, Maryland, south of Baltimore.

All major equipment at the terminal is in operation and is being commissioned as expected following a comprehensive round of testing and quality assurance activities.

Shell NA LNG is providing the natural gas needed for liquefaction during the commissioning process and will off-take the LNG that is produced.

Dominion Energy Cove Point liquefaction facility has a nameplate capacity of 5.25 mtpa of LNG. Construction of the liquefaction facility began in October 2014. With a cost of $4 billion, it is the largest construction project ever for the state of Maryland and for Dominion Energy.

By Admin 01 Dec, 2017

The U.S. Energy Information Administration (EIA) Natural Gas Weekly Update released November 30th, 2017 noted U.S. LNG exports increased week over week. Four LNG vessels (LNG-carrying capacity of 14.9 Bcf) departed the Sabine Pass liquefaction facility last week (Thursday to Wednesday), and two tankers (LNG-carrying capacity of 7.1 Bcf) were loading at the terminal on Wednesday. November is likely to set a new record with 23 LNG cargoes loaded (an estimated 81 Bcf of LNG exports), exceeding the previous record set in October of 22 loaded cargoes according to the U.S. EIA

The EIA update also pointed out total U.S. consumption of natural gas fell by 6% compared with the previous report week. U.S. Natural gas consumed for power generation declined by 5% week over week, while industrial sector consumption decreased by 1% week over week. In the residential and commercial sectors, consumption declined by 10% as temperatures warmed across the country. Natural gas exports to Mexico decreased by 1%.

By Admin 28 Nov, 2017
The Tornio Manga liquefied natural gas (LNG) receiving terminal in Northern Finland, built under a turnkey contract by the technology group Wärtsilä, achieved another significant milestone on 27 November 2017 with the successful unloading of the first shipment of LNG.
By Admin 27 Nov, 2017

Landi Renzo S.p.A. and Clean Energy Fuels Corp. announced today that the two companies are combining their compressor manufacturing subsidiaries to form a new standalone company.  

Upon closing, which is anticipated before the end of the year, Landi Renzo will own 51% of the new company and take over operational management, while Clean Energy will retain a 49% ownership. Andrew J. Littlefair, President and CEO of Clean Energy, will serve as the chairman of the board. The combined company will be headquartered in San Giovanni Persiceto, Italy, and retain Clean Energy’s manufacturing operation in Chilliwack, British Columbia, Canada.

“The world is rapidly waking up to the harmful impact that diesel is having on air quality,” said Cristiano Musi, who is currently Group CEO of Landi Renzo and will also be the CEO of the new company. “Natural gas is an obvious alternative for vehicles because it burns much cleaner, is plentiful around the world and there is a growing engine portfolio to choose from. This newly formed compressor company will be uniquely positioned to take advantage of the trend towards natural gas with a global footprint and a great product offering.”

By Admin 22 Nov, 2017

On November 21st, 2017 Cheniere Energy submitted a monthly progress report to the U.S. Federal Energy Regulatory Commission for the Corpus Christi Liquefaction project. The report covers activities of the project that occurred during the month of October 2017.

The report noted engineering has progressed to 100.0%. Procurement has progressed to 91.0%. Subcontract and direct hire construction work are 51.1% and 52.1% complete, respectively. The total Project has progressed to 74.3% complete against the plan of 77.4%.

The site has generally been restored from the impacts of Hurricane Harvey. Clean-up efforts are near completion and the major temporary warehouses have been repaired. Most of the permanent plant equipment and bulk material have been inspected with repairs and/or replacements underway. Major highlights for October included the energization of the GIS and Main Substation, commencement of setting Train 1 waste heat recovery units and GT stacks, commencement of Train 1 mineral lube oil flushes and oil flashes for Methane and Ethylene Refrigeration Compressors, and commencement of Derrick structure erection. Construction turned over 20 systems to startup through the end of October.

Images below from the FERC Corpus Christi Liquefaction monthly construction report for October 2017.

By Admin 21 Nov, 2017

Clean Energy Fuels announced today that Ryder has awarded Clean Energy a four-year fueling contract for a fleet of liquified natural gas heavy-duty trucks that move goods for Toyota in Georgetown, Kentucky.

“At Ryder, we have the opportunity and ability to continually reduce the environmental impacts of our operations and those of the customers we serve,” said Chris Nordh Sr. Director – Advanced Vehicle Technologies & Energy Products at Ryder. “LNG as a transportation fuel helps us reduce our vehicle emissions, and we’re happy to partner with Clean Energy to continue our dedication to sustainability solutions.”

Clean Energy will open a station in Georgetown to fuel the trucks that are expected to consume approximately 380,000 gasoline gallon equivalents (GGEs) each year.

“We are seeing a trend in shippers selecting carriers that demonstrate a commitment to the environment,” said Chad Lindholm, Vice President at Clean Energy. “Natural gas is a perfect fit for carriers because not only is it cleaner, it’s abundant, is available today, performs every bit as well as diesel, and makes sense economically.”

By Admin 14 Nov, 2017

On November 13th, 2017 the U.S. Federal Energy Regulatory Commission granted Dominion Energy Cove Point LNG their request to export by vessels the volumes of produced liquefied natural gas related to commissioning activities for the Cove Point Liquefaction Project. The authorization does not grant approval for commencement of service. Dominion must still receive written authorization before placing the project into service.  

Dominion Energy Cove Point is located near Lusby, Maryland. The export facility will consist of one LNG train with a design nameplate outlet capacity of 5.25 Mtpa. Cove Point has authorization from the United States Department of Energy to export up to 0.77 Bcf/d of natural gas.

In October, 2017 Dominion stated the company expects the export facility to be in service by the end of 2017.

By Admin 14 Nov, 2017

Mitsui announced today it has entered into an agreement with BW Group to form a joint venture and to acquire a 49% stake in the JV to jointly own the FSRU BW Integrity. The deal is expected to close as soon as the payment for the acquisition is completed. Mitsui noted in a statement today the deal is the first FSRU project for Mitsui, and the first project for a Japanese company to participate in the LNG receiving infrastructure business in Pakistan.

The JV will lease the FSRU to PGP Consortium Ltd. based on a long-term FSRU lease agreement and PGP Consortium will provide LNG regasification services to Pakistan LNG Terminals Ltd., a state-owned company.

This is BW's second FSRU project, with the first being a sister vessel, BW Singapore, which is currently based in Egypt on a five-year charter.

By entering the FSRU business Mitsui plans to further expand its presence in the gas-value chain business to respond to the growing demand for gas related infrastructure in emerging LNG markets in many parts of the world.

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