Page 12 - GLNG Week 28 2021
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GLNG                                        NEWS IN BRIEF                                              GLNG








       AMERICAS                            promoting reliable, predictable operations,   continues to grow faster than the rest of the
                                           and preventing sudden differential pressure   world, due to Asia’s economic and population
       Parker delivers GT inlet            spikes.                              growth.
                                                                                  Japan, the top LNG importer in 2020, relies
                                             Parker has vast experience in protecting
       filter houses to Golden Pass        GTs used in the demanding Oil and Gas   on LNG for power generation and imported
                                           sector and is a technology leader in the
                                                                                74.4 MT last year. China, the second largest
       As the USA continues the switch from net   design and supply of LNG air intake systems.   LNG importer that is poised to overtake
       importer to net exporter of natural gas,   Its designs consider all local environmental   Japan in the coming years, saw its LNG
       it needs to significantly expand its LNG   ambient air contaminant challenges and   import increase 10% last year to 68.9 MT as
       (liquefied natural gas) export capabilities and   ensure reliable GT operations with reduced   its industrial sector rebounded faster than
       infrastructure. As part of this ongoing growth,   maintenance overheads and long filter life.  expected post-pandemic. Both countries
       Parker has recently supplied a total of six gas   PARKER, July 12, 2021  accounted for 40% of total LNG imports last
       turbine (GT) filter houses to support the new                            year.
       Golden Pass liquefaction and export terminal                               LNG requires highly specialised and
       currently under construction in Sabine Pass,   ASIA                      sophisticated vessels to transport, and its
       Texas. The project, due to start exporting                               freight cost can significantly impact the
       from the Gulf Coast in 2024, will deliver this   SGX launches new FFA and   delivered price of LNG, making it critical for
       clean energy source around the world and is                              industry participants to protect against price
       a joint venture between Qatar Petroleum and   futures contracts for LNG   volatility.
       ExxonMobil.                                                              SINGAPORE EXCHANGE, July 14, 2021
         The filter houses will protect gas turbines   vessels
       used as mechanical drives for refrigerant
       compression (three propane and three   Singapore Exchange (SGX) is expanding   EUROPE
       mixed refrigerant) as part of the cooling   its clearing services for seaborne freight by
       and liquefaction process of natural gas.   adding three new Forward Freight Agreement   Wärtsilä’s LNG experience
       Liquefaction of this gas makes global   (FFA) and futures contracts for Liquified
       transportation by LNG carrier vessels much   Natural Gas (LNG) vessels.   key to multi-engine order
       easier, with LNG taking up about 1/600th   The new contracts launched on Monday,
       of its original volume in its gaseous state.   July 12, are listed out to three years forward,   for new Italian ferry
       The high performance General Electric   referencing the Baltic Exchange’s independent
       Fr.7EA mechanical drive GTs employed at   freight price assessments for LNG transported   The technology group Wärtsilä, a pioneer in
       Golden Pass will be protected by a carefully   on LNG-powered carriers from Australia –   enabling the viability of LNG as a marine fuel,
       designed multi-stage static filter system   the top LNG exporter in 2020 – to Japan1, US   will provide the main and auxiliary engines,
       with bleed air anti-ice (AI) protection and   Gulf to Europe and US Gulf to Japan. These   as well as the fuel storage and supply system,
       additional acoustic treatment to meet local   three routes constitute the bulk of global spot   for a new Italian ferry designed to operate on
       environmental noise limits.         market LNG flows and the assessments serve   LNG. Wärtsilä’s extensive experience in LNG
         The EPA E12 rated filtration system is   as benchmark pricing for LNG freight.  applications, and its broad portfolio of related
       designed to handle all local environmental   The first trade on the launch day was   products, were cited as key considerations
       conditions expected on site and to protect the   brokered by SSY Futures Ltd, an independent   in the contract award. The vessel is under
       GT from damage due to salt, sand, dust and   shipbroker, on the US Gulf to Europe contract   construction at the Sefine shipyard in Turkey
       other contaminant ingress, detrimental to GT   with a July-August settlement basis.   and has been ordered by Caronte & Tourist
       performance and significantly impacting the   Despite COVID-19’s impact on LNG   Isole Minori, based in Milazzo, Italy. The
       availability and reliability of plant operations.   demand and supply, global LNG trade reached  order with Wärtsilä was placed in the first
       Additionally, these latest technology   an all-time high of 356.1 million tonnes   quarter of 2021.
       filters are hydrophobic which provides an   (MT) in 2020, in another year of consecutive   Given its environmental advantages, LNG
       unparalleled ability to remove moisture and   growth. Asia accounts for over 70% of global   continues to gain popularity throughout
       liquid corrosive salts from the airstream;   LNG imports and demand in the region   the shipping industry. The fuel contains no
                                                                                sulphur or particulate matter and emits only
                                                                                low levels of nitrogen oxides (NOx), while
                                                                                CO2 emissions are some 20 percent less
                                                                                than those from HFO fuel. Wärtsilä’s early
                                                                                development of dual-fuel engines and fuel
                                                                                systems capable of handling LNG, together
                                                                                with the global build-up of a delivery and
                                                                                bunkering infrastructure, has been largely
                                                                                instrumental in enabling its viability.
                                                                                  This latest order comprises two Wärtsilä
                                                                                34DF dual-fuel main engines, two Wärtsilä
                                                                                20DF dual-fuel auxiliary engines, two Wärtsilä
                                                                                Gas Valve Units, and a Wärtsilä LNGPac
                                                                                fuel storage, supply, and control system. The
                                                                                equipment is scheduled for delivery to the



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