Page 11 - GLNG Week 10

GLNG
NEWS IN BRIEF
GLNG
NV5 announces $6mn LNG
upgrade award supporting
ENERGY 2021
NV5 Global, a provider of professional
and technical engineering and consulting solutions, announced today that it has secured a $6.2mn contract to provide engineering, procurement, and construction (EPC) services for the upgrade of the boil-off gas compression system (BOC) at a Pennsylvania liquefied natural gas (LNG) peak-shaving facility. The upgrade will provide for better handling of plant operations and increased BOC system reliability. The new system
will incorporate 85,000 standard cubic
feet of existing flooded screw technology compressors and associated equipment, as well as integrate the current electrical and control system.
“Energy services continue to be one
of the fastest growing segments for NV5
in the fields of energy compliance, power delivery engineering, energy efficiency, and LNG services,” said Dickerson Wright, PE, chairman and CEO of NV5. “Our energy- specific technical expertise delivers unique value to power utility clients seeking to upgrade their infrastructure to improve efficiency and reliability and enhance public safety.”
“The energy utility industry’s commitment to improvements in reliability continues to drive strong demand for new LNG facilities and modernisation of existing systems across the country,” said Peter Dirksen, PE, president of CHI Engineering Services, an NV5 company.
NV5 GLOBAL, March 09, 2020
ASIA
Another Chinese LNG buyer cancels cargoes
Chinese LNG buyers are continuing to cancel
cargoes as the coronavirus exacerbates already weak demand for the super-chilled fuel.
Last week, citing sources familiar with
the matter, Bloomberg reported that China National Petroleum Corp. (CNPC) had issued a force majeure notice on all prompt natural gas imports. The move made it the second Chinese buyer to refuse shipments as the coronavirus crisis has escalated.
CNPC is reportedly taking the step,
which was described by the news service as “extreme”, after initially working with sellers to delay and reschedule shipments. According to Bloomberg’s sources, the company is planning to cancel contracted deliveries of both LNG and pipeline gas in the short term. At least one LNG supplier is reported to have been notified.
This comes after China National Offshore Oil Corp. (CNOOC) issued a similar force majeure notice last month. However, some of CNOOC’s suppliers rejected the force majeure.
CNPC said separately on March 5 that it had stopped withdrawing gas from storage tanks, and in at least one location has even started injecting it back earlier in the winter than normal amid reduced consumption.
“Natural gas demand has dropped sharply,” CNPC said on its website, adding that withdrawals had been halted at all 10 of its underground storage sites as of February 29.
First Gen unit seeks DoE
nod to build LNG terminal in
May
FGEN LNG Corp. is seeking the Department of Energy’s (DoE) approval to allow it to
start the construction of its planned liquefied natural gas (LNG) terminal.
The wholly owned subsidiary of Lopez-led First Gen Corp. (First Gen) filed Thursday an application for a permit to construct, expand, rehabilitate and modify (PCERM) an interim offshore LNG Terminal within the First Gen Clean Energy Complex in Batangas City.
The permit, when issued, will allow the company to modify an existing liquid fuel jetty that will enable it to become multiple- use, allowing the receipt of large and small- scale LNG vessels, as well as liquid fuel vessels, and build an adjunct onshore gas receiving facility.
“FGEN LNG anticipates that, if the PCERM is granted by the DOE, it will be able to commence construction as early as May of this year, in order to be able to receive LNG as early as the third quarter of 2022,” it said.
The plan is to modify First Gen’s existing jetty to enable LNG to be brought in via a floating storage and regasification unit (FSRU) on an interim basis and, thus, accelerate FGEN LNG’s ability to introduce LNG to the Philippines.
An FSRU is an LNG storage ship that has an onboard regasification plant capable of returning LNG back into a gaseous state.
“FGEN LNG believes that the project, and the early entry of LNG, will play a critical role in ensuring the energy security of the Luzon Grid and the Philippines, particularly as the indigenous Malampaya gas resource
is expected to be less reliable in producing and providing sufficient fuel supply for the country’s existing gas-fired power plants, and even less so for additional gas-fired power plants,” it said.
Also, First Gen’s LNG project will serve the natural gas requirements of existing
and future gas-fired power plants of third parties and FGEN LNG affiliates. “The entry of LNG will encourage new gas-fired power plant developments, as well as industrial and transport industries to consider it as a replacement to more costly and polluting fuels,” it said.
FGEN LNG, March 06, 2020
Taiwan receives first carbon-neutral LNG cargo
Taiwan received its first carbon-neutral shipment of LNG last week, according to state-owned CPC. The company said it had received the 64,000-tonne cargo at the Yung- An LNG receiving terminal in Kaohsiung, southern Taiwan, on March 5. The shipment was made under an ongoing deal between CPC and Singapore-based Shell Eastern Trading.
CPC said the deal signified its “commitment to reducing carbon emissions and promoting sustainable business practices”.
“By contributing to the long-term national greenhouse gas [GHG] discharge reduction goal – slashing emissions to no more than 50% of the 2005, level by 2050 – the shipment
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