Page 13 - GLNG Week 17

GLNG
NEWS IN BRIEF
GLNG
readiness for the train to be placed into service.
The request follows start-up of Freeport’s second train in January. The facility entered service in 2019 after initial delays during the construction process.
Once all three trains are in service, Freeport will have the capacity to produce about 15mn tonnes per year (tpy) of LNG.
The company had previously been targeting a final investment decision (FID)
on a fourth train this year, but it is unknown whether current market conditions will lead it to delay this.
Around 13.4mn tpy of Freeport’s output is contracted under 20-year use-or-pay liquefaction tolling agreements with Osaka Gas, JERA, BP, Toshiba and Total.
ASIA
GasPort LNG terminal receives ISO certifications
The Pakistan GasPort Consortium Ltd (PGPCL), which owns and operates Pakistan’s largest LNG regasification terminal at
Port Qasim, has received ISO 9001:2015,
ISO 14001:2015, and ISO 45001:2018 certifications.
The certifications were issued by the Bureau Veritas Certification Holding for PGPCL’s compliance to global standards for management system standards in LNG, transfer, storage, regasification and RLNG delivery and safety, the company said.
“As GasPort puts high priority in providing a safe and healthy work environment for its team members handling LNG operations,
a compliance to such standards will guide
the company in scaling up its successful operations and bring in private LNG cargoes by tapping into the lower global LNG spot rates so that the weighted average cost of gas can reduce for the benefit of the industry
and households,” GasPort’s chairman, Iqbal Ahmed, stated.
PGPCL comprises a floating storage and regasification unit (FSRU), which was built in 2016 by Samsung Heavy Industries in Busan, and is permanently moored at Port Qasim under a 15-year agreement between PGPCL and Norway-based BW Group.
EUROPE
Partners sign contract for Cypriot FSRU
Solaris Engineering announced this week that it had signed a memorandum of understanding (MoU) with H4E Gasfuel
to provide supply and engineering services for the design and construction of a floating storage and regasification unit (FSRU) in Cyprus.
H4E Gasfuel is part of a consortium of companies including Hoegh LNG, which has submitted a proposal for the installation of an FSRU in Cyprus by 2021.
Solaris said the MoU covers the provision of engineering, supply and management engineering services for the design, the installations subsidiaries and conducting systems at the Vasiliko terminal point.
Hoegh is proposing to install an FRSU in Cyprus as an interim solution until state- owned regasification infrastructure is in place at Vasiliko.
Allocation of the capacity
of Klaipeda LNG terminal
begins
KN (Klaip?dos nafta), the operator of oil
and liquefied natural gas (LNG) terminals, is launching an annual procedure – allocation of LNG terminal capacity for the new gas year, which starts in October 1, 2020.
The company allocates the capacity in accordance with the Regulations for the
Use of the Liquefied Natural Gas Terminal agreed, approved and publicly announced by the State Energy Regulatory Council and the director general of the company. During the LNG terminal capacity allocation, LNG regasification capacity and LNG reloading capacity will be allocated in advance.
“For the second year in a row, we have recorded extremely high performance
results of the LNG terminal and a growing competition for terminal capacity in Klaip?da. With this in mind, we have slightly updated our capacity allocation principles this year,
for example by setting clear monthly capacity allocation priorities. We are making changes in order to ensure that all terminal users receive the greatest possible benefit from our services and as many LNG carriers as possible sail to Klaip?da,” Ar?nas Molis, Director of Klaip?da LNG emphasises.
During the current gas year, 42 LNG carriers were accepted at the LNG terminal, and other 28 LNG carriers are expected by the end of the gas year. During this period,
2 million cubic meters of gas was delivered, 81.28 percent of gas was delivered from Equinor, a gas reliquefaction plant in Norway. As practice shows, LNG terminal users highly value the possibility to order terminal capacity according to needs throughout the year, not only during the annual capacity allocation procedure. For example, 5 TWh
of the terminal capacity was booked last year during the annual LNG terminal capacity allocation procedure. However, currently four times more capacity of the LNG terminal in Klaip?da has been booked for the current gas year, that is, as much as 22 TWh.
KLAIP?DOS NAFTA, April 24, 2020
Russia’s LNG output up 17% y/y in 2M20
Russia has increased its production of LNG by over 17% in the first two months of 2020 despite the difficult market situation, Energy Minister Alexander Novak said, as cited by RIA Novosti on April 28.
“Over the past year, LNG production has increased by over 50% compared to 2018, it has reached 40.5bn cubic meters. In the first two months of 2020, we see LNG increasing by over 17% compared to the same period last year,” Novak said in his article for Energy Policy magazine.
Russia’s LNG exporters are implementing contractual obligations routinely, including regarding LNG deliveries to Asia, he added.
Week 17 30•April•2020
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