Page 12 - GLNG Week 37

GLNG
NEWS IN BRIEF
GLNG
the evolution of the physical LNG market,” said Ajay Batra, President of Redwood Markets. “By encouraging buyers and sellers to use the same trading formats available in the open-access markets the hosts of private storefronts can help bring liquidity to their trading requirement and, in time, to the broader, open-access markets,” said Mr. Batra.
Freeport LNG and Redwood Markets intend to launch the Freeport Private Storefront in November of 2019. FREEPORT LNG, September 16, 2019
Loading remains on
schedule at Cameron LNG
despite technical fault
The consortium operating the Cameron LNG export terminal in the US state of Louisiana has said it is loading cargoes on schedule despite finding a technical fault at the facility.
According to LNG traders, Cameron LNG declared force majeure on September 13 owing to technical issues at the plant. The traders said at the time that the impact on volumes was not immediately clear.
“Cameron LNG continues to produce LNG from Train 1 and is loading cargoes
in accordance with the lifting schedules agreed with its customers,” the Cameron LNG consortium told Reuters in an email. It added that its contractors “have determined that there is an issue related to an electrical component and the teams are working expeditiously to bring the matter to a resolution”.
The terminal has sent out eight cargoes since May, reaching a rate of three cargoes per month in August, according to Refinitiv shipping data showed.
The most recent cargo left the plant on September 7.
Sempra Energy, Total, Mitsui & Co and Japan LNG Investment are all partners in Cameron LNG.
US to contribute 40% of global new-build small- scale LNG liquefaction capacityadditionsby2023, says GlobalData
The US will drive new-build, small-scale liquefied natural gas (LNG) liquefaction capacity additions globally from planned and announced (new-build) projects between 2019 and 2023, contributing around 40% capacity growth by 2023, according to GlobalData, a leading data and analytics company.
The company’s report, ‘Global Small-Scale LNG Liquefaction Capacity and Capital Expenditure Outlook – The US Leads Globally on Capacity Additions and Capital Expenditure Outlook’, reveals that the US is likely to account for a new-build, small-scale LNG liquefaction capacity of 6,760 thousand tonnes per annum (ktpa) from planned and announced projects by 2023.
Dipayan Chakraborty, Oil & Gas Analyst at GlobalData, comments: “The US is expected to add 20 new-build small-scale LNG liquefaction terminals by 2023. Of these, the Browntown and Browntown II terminals will have the highest capacities, each with 2,120 ktpa. The Browntown terminal is expected to start operations in 2020 and the Browntown II terminal in 2021.”
China is the second highest country globally in terms of new-build, small-
scale LNG liquefaction capacity additions with 3,810 ktpa by 2023. The Xi an LNG liquefaction terminal accounts for most of the liquefaction capacity additions in the country with 1,400 ktpa by 2023.
Chakraborty adds: “Russia stands third globally with new-build, small-scale LNG liquefaction capacity additions of 3,160 ktpa by 2023. The country is expected to add eight planned and announced small-scale LNG liquefaction terminals during the outlook period.
“The Portovaya LNG liquefaction terminal is the largest upcoming small-scale LNG liquefaction terminal in Russia, with new- build liquefaction capacity of 1,500 ktpa by 2023.”
GLOBALDATA, September 17, 2019
ASIA
LNG-fuelled tugboat
Ishin undergoes first LNG
bunkering trial in Port
of Kobe – contributing
todevelopmentofLNG
bunkering ports and wider
use of LNG as marine fuel
Mitsui OSK Lines (MOL; president and
CEO: Junichiro Ikeda) announced that it has participated in the LNG bunkering trial at the Port of Kobe today, organised by the Kobe City Port and Harbor Authority, and carried out bunkering on the LNG-fuelled tugboat Ishin. Ishin is a tugboat owned by MOL and operated by Nihon-Tug-Boat (president: Tetsuro Nishio, headquarters: Chuo-ku, Kobe). This marks the first LNG bunkering in the Port of Kobe, and the successful trial confirmed that LNG fuel can be effectively supplied safely at the port.
LNG fuel for the trial was hauled by a tanker truck from the Himeji LNG Plant (Himeji-shi, Hyogo Prefecture) of Osaka Gas (president: Takehiro Honjo, headquarters: Chuo-ku, Osaka), and, via a truck-to-ship system, was used to supply Ishin, berthed at Kobe Port’s Shinko Pier No.4. MOL Marine (president: Shunichi Inaoka; headquarters: Minato-ku, Tokyo) has also provided maritime consulting in the trial.
Effective January 2020, vessel exhaust emission regulations will be tightened on a global scale. In response to the new standards, an increasing number of LNG-fuelled
vessels are coming into service, making the development of LNG bunkering ports in Japan an urgent task.
MOL Group companies are working together to promote the wider adoption of LNG fuel for vessels and reduce environmental impact through the safe operation of Ishin.
MITSUI OSK LINES, September 18, 2019
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Week 37 19•September•2019