Page 19 - GLNG Week 21

GLNG
NEWS IN BRIEF
GLNG
the current pandemic environment, Senex has increased its full year FY20 production guidance to 2.0-2.1 mmboe (previously 1.8- 2.0 mmboe). Senex has also increased its full year FY20 EBITDA guidance to $45-55mn (previously $40-50mn).
Managing Director and CEO Ian Davies said, “In October 2018, Senex reached the final investment decision for our $400mn capital programme in the Surat Basin. Less than two years later, the transformational Roma North and Atlas natural gas development projects have established Senex as an important producer of gas for the East Coast market.
SENEX ENERGY, May 26, 2020
EUROPE
Mitsui OSK Lines and LNG Terminal Wilhelmshaven sign a contract to build and charter an LNG terminal ship
MOL (Mitsui OSK Lines, Tokyo, Japan) and LTW (LNG Terminal Wilhelmshaven) have signed a contract to build and charter an LNG terminal ship – known in the industry as a floating storage and regasification unit (FSRU) – for the planned LNG landing terminal in Wilhelmshaven on the North Sea. LTW is
the project developer and operator behind the future LNG terminal in Wilhelmshaven and a fully owned subsidiary of Uniper. The FSRU will be built in a shipyard belonging to South Korean company DSME (Daewoo Shipbuilding Marine Engineering, Geoje, Korea), and then chartered by LTW for
20 years. It has been planned and custom designed by the two contracting parties in accordance with the local and environmental requirements for the German market and the Wilhelmshaven site.
The FSRU constitutes the heart of the future terminal and will make it possible
to offload, store and regasify LNG for the German market. It will be moored off the coast not far from Wilhelmshaven and will handle incoming LNG tankers there. The regasified gas will then be pumped from the FSRU along a short connecting pipeline under the sea to the port facilities and finally fed
into the German gas transmission network. This eliminates the need to construct complex regasification facilities on land. This optimized planning will minimise the environmental impact both on land and on the seabed by a non-disruptive crossing of the natural habitat identified in the environmental studies. MITSUI OSK LINES AND UNIPER, May 26, 2020
Klaip?daLNGterminalisan
established player in the
global market
The second largest LNG cargo this year will be imported from the United States and regasified through the liquefied natural gas (LNG) terminal in Klaip?da. About 155 thousand cubic metres of LNG is delivered by the gas carrier Energy Liberty, which is expected to reach the terminal tonight, from May 22 to 23.
The favourable situation in the international LNG market determined the possibility of purchasing and importing a cargo of this scale from the US Klaip?da for the commercial users of the LNG terminal. Since the beginning of the year, there has been a trend of commercial users of the terminal purchasing natural gas imported to Lithuania for a price that is lower than the weighted average price of all LNG transactions concluded under spot contracts.
The gas carrier Energy Liberty arrives in Klaip?da from Sabine Pass LNG terminal in Louisiana, USA. This is the third LNG cargo from the US and the fifth cargo in total for this year. Prior to the arrival of this cargo, the LNG imported from the US accounted for
5.47% of the total amount of imported LNG at the Klaip?da LNG terminal, since the start of the terminal’s operations. The American LNG was imported to Lithuania for the first time in August 2017, reaching our market from the Sabine Pass terminal. Earlier this month, 125,000 cubic metres of LNG arrived in Klaip?da from the US.
The intensification of LNG imports from the US was determined by the extraordinary situation in the LNG market, when many European gas storage facilities were maximally filled and the cargos of the US producers
were available to market participants at attractive prices. The Klaip?da LNG terminal, in turn, provides the terminal users with
the opportunity to import LNG from producers in different regions, in response
to the changing market situation of spot commodities, thus reducing the cost of energy resources.
According to Dr Ar?nas Molis, director of KN LNG, the regionality of the LNG terminal in Lithuania, the flexibility of gas supply
and the transparent pricing have a positive impact on LNG demand in the region by taking advantage of the global LNG market opportunities.
KN, May 22, 2020
MIDDLE EAST
Nakilat transitions LNG Al
Kharaitiyat to in-house
management
Nakilat has assumed full ship management and operations of Q-Flex LNG carrier Al Kharaitiyat from Shell Trading and Shipping Company Limited (Shell) with effect from May 27, 2020, as part of the second phase
of its planned fleet management transition programme.
With a cargo carrying capacity of 216,300 cubic metres, Al Kharaitiyat is wholly-owned by Nakilat and chartered by Qatargas. The vessel was built in South Korea by Hyundai Heavy Industries, delivered in June 2009 and has been in service ever since.
Al Kharaitiyat is the second vessel that
will come under the management of Nakilat Shipping Qatar Ltd. (NSQL) this year as part of this second phase transition, bringing the total number of vessels managed by NSQL to 20, comprising of 16 LNG and 4 LPG carriers. NAKILAT, May 27, 2020
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