Page 12 - GLNG Week 41

GLNG
NEWS IN BRIEF
GLNG
AFRICA
Nigerian national oil
company signs $2.5bn pre-
payment deal with NLNG
State-owned Nigerian National Petroleum Corp. (NNPC) said on October 11 that it had signed a $2.5bn pre-payment agreement with Nigeria LNG (NLNG) covering upstream gas projects.
NNPC has a stake in NLNG alongside Royal Dutch Shell, Total and Eni. NLNG operates a six-train LNG project on Bonny Island.
The pre-payment agreement covers “upstream gas development projects to supply trains 1-6”, NNPC said on Twitter, without giving further details.
The news comes shortly after NLNG said it had moved closer to a final investment decision (FID) on Train 7 at Bonny Island.
AMERICAS
Department of Energy
authorises LNG exports
from the Venture Global
Plaquemines project
Today, the US Department of Energy (DoE) issued an order to Venture Global Plaquemines LNG, approving exports of domestically produced liquefied natural gas (LNG) from the Plaquemines LNG Project. The project will be located on the Mississippi River, in Plaquemines Parish, Louisiana approximately 20 miles from the
Port of New Orleans.
“The increase in LNG infrastructure
projects in the US has been astounding to watch,” said Secretary of Energy Rick Perry. “Projects like Venture Global’s Plaquemines create well-paid, American jobs and have changed the game in sharing the benefits of US LNG with our allies around the world. I am glad the Department is doing our part to empower the Plaquemines project and other energy infrastructure to progress quickly.”
Under the order signed today, Plaquemines LNG will have authority to export up to 3.4bn cubic feet per day of natural gas as LNG from the proposed Plaquemines LNG project.
Plaquemines LNG is authorised to export this LNG by ocean-going vessel to any country with which the United States does not have a free trade agreement (FTA) requiring national treatment for trade in natural gas, and with which trade is not prohibited by US law or policy. The Federal Energy Regulatory Commission (FERC) authorised Plaquemines LNG to site, construct, and operate the Plaquemines LNG project on September 30, 2019.
Including today’s announcement, DoE has approved 38.06 bcf per day of exports in the form of LNG and compressed natural gas to non-FTA countries. Of this approved amount, approximately 15 bcf per day of export capacity is in various stages of operation and construction across eight large-scale export projects.
Among the LNG export projects currently under construction is Venture Global’s Calcasieu Pass project, which recently reached a final investment decision after having received its final regulatory approvals from the Federal Energy Regulatory Commission and DoE earlier this year.
US DEPARTMENT OF ENERGY, October 16, 2019
ASIA
Tokyo Gas rejects LNG
tanker delivery after power
outage
Japan’s Tokyo Gas rejected delivery of an LNG tanker on October 10 because the vessel suffered a power outage after entering Tokyo Bay, Reuters reported citing a company spokesman. The Energy Atlantic tanker, loaded a cargo from the Corpus Christi LNG terminal on the US Gulf Coast on September 3 and was due to deliver the cargo to Negishi terminal, according to Refinitiv Eikon ship- tracking data.
Reuters reported industry sources as saying the vessel had been chartered by US LNG producer Cheniere Energy, which also operated the Corpus Christi export terminal.
The carrier regained power but Tokyo Gas’ spokesman said the company did not take delivery for safety reasons. This was attributed to the fact that the carrier operator did not know the reason for the outage. According to the spokesman, the company has sufficient stockpiles, so there is no supply issue in the wake of the failed delivery.
Petronas’ MISC delivers LNG
cargo via break-bulking STS
transfer
Malaysia International Shipping Corporation (MISC), a subsidiary of state-owned Petronas, has delivered an LNG cargo to two buyers through a break-bulking ship-to-ship (STS) transfer in Brunei Bay. MISC used the 153,000 cubic metre capacity Seri Bijaksana vessel,
to transfer 80,000 cubic metres of LNG to Teekay’s Polar Spirit LNG carrier and 62,000 cubic metres to the MISC-owned Lerici LNG carrier. This was the third break-bulking
STS transfer that Petronas has completed
in the region, with the company saying this illustrated growing demand. The first LNG STS break-bulking operation was completed by the company in June 2018, and the second in April 2019. “This could only be achieved through unique business models which allow us to customise our solutions according to our customers’ requirements; especially when the market is moving towards mid-sized cargo requirements, or smaller parcels of LNG,” Petronas’ executive vice president, Adif Zulkifli, said in a statement.
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Week 41 17•October•2019