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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.

By Admin 13 Nov, 2017

Tellurian announced today it has entered into four fixed price, lump sum turnkey agreements with Bechtel. The agreements total $15.2 billion for EPC work on the Driftwood LNG project. Driftwood LNG is a proposed U.S. LNG export facility near Lake Charles, Louisiana.

The EPC agreement includes twenty 1.38 mtpa liquefaction units, three 235,000 cubic meter storage tanks and three marine loading berths. Driftwood LNG will be constructed in four phases with each phase beginning operations on a staggered basis.

President and CEO Meg Gentle said, "The agreements with Bechtel guarantee performance and secure the EPC cost of Driftwood LNG at $550 per tonne, one of the lowest-cost liquefaction construction projects worldwide."

Tellurian was founded by Charif Souki and Martin Houston.

By Admin 10 Nov, 2017

On November 9th, 2017 Dominion Energy Cove Point LNG submitted a request to the U.S. Federal Energy Regulatory Commission (FERC) for authorization to export commissioning volumes from the Dominion Energy Cove Point export project.  Dominion requested the authorization be granted by November 15, 2017.

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 08 Nov, 2017

Carnival Cruise Line today announced it has signed an agreement with Shell to be its supplier of marine liquefied natural gas to power North America's first fully LNG powered cruise ships. Under the agreement Shell will supply Carnival Cruise Line with fuel for its two new LNG-powered ships expected to launch in 2020 and 2022 and to be homeported in North America.

As part of the agreement the two ships will be fueled through Shell's LNG Bunker Barge (LBB) – a project announced earlier this week  as part of Shell's strategic plan to develop a global LNG bunkering network. The ocean-going LBB, which is designed to support growing cruise line demand for LNG as a marine fuel, will be the first of its kind in the U.S. and will allow these ships to refuel with LNG at ports along the southern U.S. East Coast.

"This agreement is a significant stepping stone in our relationship with Carnival Corporation building upon our previous LNG marine fuel supply agreements in Europe," said Tahir Faruqui, president, Shell NA LNG, LLC. "It also marks a milestone as we continue to establish the marine LNG fuel market in the U.S. as a credible part of the global marine fuel mix."

The two new Carnival Cruise Line vessels will be fully powered by LNG both while in port and at sea. The 180,000-ton ships will be the largest ships in Carnival Cruise Line's fleet with an approximate passenger capacity of 5,200 based on double occupancy.

"Carnival Cruise Line is strongly committed to leading the way in the implementation of technology innovations to help protect the environment and support our aggressive sustainability goals," said Christine Duffy, president of Carnival Cruise Line. "Our two new cruise ships entering service in 2020 and 2022 will not only be the largest and most technologically advanced in our fleet but will break extraordinary new ground as the first LNG-powered cruise ships in North America."

By Admin 07 Nov, 2017

Shell Trading US announced today it has finalized a long-term charter agreement with Q-LNG Transport, LLC for an LNG bunker barge with the capacity to carry 4,000 cubic meters of LNG fuel. The ocean-going LNG bunker barge will supply LNG to marine customers along the southern East Coast of the U.S. and support growing cruise line demand for LNG marine fuel according to a Shell statement.

"This investment in LNG as a marine fuel for the US will provide the shipping industry with a fuel that helps meet tougher emissions regulations from 2020," said Maarten Wetselaar, Integrated Gas and New Energies Director at Shell. "Our commitment in the Americas builds on Shell's existing LNG bunkering activities in Singapore and Europe, as well as recently announced plans in the Middle East and gives us the ability to deliver LNG as a marine fuel to customers around the world."

The LNG bunker barge will be owned and built by Q-LNG Transport, LLC, and operated by Harvey Gulf International Marine, LLC. The LNG bunker barge will feature a transfer system enabling it to load LNG from big or small terminals and bunker a variety of customers.

By Admin 03 Nov, 2017

On October 2nd, 2017 the U.S. Senate confirmed the nominations of Kevin McIntyre and Richard Glick to join the Federal Energy Regulatory Commission (FERC). Kevin McIntyre will serve as Chairman of FERC. McIntyre, co-leader of the global Energy Practice at the law firm Jones Day, will serve out the remainder of a term that ends June 2018 and a full term that ends June 2023. Richard Glick, general counsel for the Democrats on the Senate Energy and Natural Resources Committee, will serve out the remainder of a term that ends in June 2022.

FERC Chairman Neil Chatterjee said, “I am very pleased to welcome Kevin and Rich to the Commission, and I look forward to working with them on behalf of the American people,” Chatterjee added, “I’ve enjoyed getting to know Kevin through the confirmation process and am eager to start working with him, and it will be great to reunite with Rich Glick, my former Senate colleague. Both Kevin and Rich bring years of experience and knowledge to the significant issues before the Commission and, importantly, their arrival restores the Commission to full strength.”

By Admin 02 Nov, 2017
Download the Platts special report here .
By Admin 02 Nov, 2017
Chevron Video: The first shipment of LNG departed from the Wheatstone Project in Western Australia at the end of October.  Video of the first cargo aboard the Asia Venture. 
By Admin 31 Oct, 2017

Dominion Energy Inc. provided a status update yesterday during a Q3 earnings call on the Dominion Energy Cove Point export project. The company noted construction is on time and on budget.

All the Cove Point Liquefaction systems are currently in the commissioning phase. The U.S. Department of Energy has approved exporting of commissioning cargoes. The U.S. Federal Energy Regulatory Commission has also approved introduction of hydrocarbons to generate LNG. Dominion plans to start LNG production in November and expects the export facility to be in service by the end of 2017.

Thomas F. Farrell II, chairman, president and chief executive officer said, “The Cove Point Liquefaction construction is effectively complete and the facility is going through its advanced‐commissioning phase.  The work continues on‐time and on‐budget and we expect to be in‐service by the end of the year.”

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.

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