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revamped strategy to reduce the company’s model. 92.8 mmtpa that are under construction and
operational emissions and its use of diesel. The No.2 LNG tank with 230,000 kL another 51 mmtpa of capacity to be added to
The “very tangible” climate actions will capacity and additional regasification existing terminals, WoodMac said.
include targets to cut operational emissions equipment of the second constriction phase China, the world’s second largest LNG
by 2030, part of the world’s largest miner’s in Soma LNG terminal was transferred to importer after Japan, accounts for over one-
broader commitment to become carbon- full-scale operation in the time with the third, or 52.6 mmtpa, of the new capacity,
neutral by 2050. commercial operation of No.2 Unit of the including 10 new terminals.
BHP said the steel-making coal it produces power plant. Under the contract with FGP, India is building five new terminals with
in central Queensland will be exported and JAPEX conducts management of the facilities a capacity of 20 mmtpa while Europe could
does not count towards the company’s net- constructed in the second construction phase, add 13 mmtpa of additional capacity from
zero target. as well as storage and regasification of LNG expansion projects until 2025 across the
“This is an important step forward in fuel used for power generation, and supply of Netherlands, Poland, France, Greece and the
BHP’s transition to more sustainable energy re-gasified gas to the power plant based on the United Kingdom.
use across our portfolio, and a first for our tolling method*3 this project applies. While the coronavirus pandemic has
Australian operations,” BHP’s President, JAPEX hampered construction and could lead
Minerals Australia Edgar Basto said in a to potential delays of new projects, seven
statement. Global regas capacity being new regas terminals are expected to make
BMA is Australia’s top producer and a final investment decision (FID) this year,
supplier of coking coal. The unit is a 50:50 built to hit 10-year high in WoodMac said.
partnership between BHP and Mitsubishi This includes Cyprus LNG and China’s
Development and operates seven mines — 2020-Woodmac Yantai LNG and Tianjin LNG, which
Goonyella Riverside, Broadmeadow, Daunia, announced FID in the first half of 2020.
Peak Downs, Saraji, Blackwater and Caval The amount of regasification capacity, plants “We think a further four terminals have a
Ridge. BMA also owns and operates the Hay that bring liquefied natural gas (LNG) back to good chance of reaching FID before the end
Point Coal Terminal near Mackay. a gas, currently under construction globally of the year: Alexandropoulos LNG, in Eastern
will rise to a 10-year high this year, research Greece, Hong Kong LNG, Vila do Conde
and consultancy firm Wood Mackenzie said, terminal from Golar, located in North Brazil
Reuters reported. and Puerto Sandino, in Nicaragua,” WoodMac
GAS-FIRED GENERATION Regasification capacity being built may rise Research Director Giles Farrer said.
to 144mn tonnes per annum (mmtpa), led by Southeast Asia has also been a focus
JAPEX starts up Fukushima projects in China, Wood Mackenzie said. for regas development with Myanmar and
This includes 33 new terminals totalling
Vietnam completing terminals in record
TPP
Japan Petroleum Exploration (JAPEX)
announced that the No.2 unit of Fukushima
Natural Gas Power Plant commenced
commercial operation today at 0:00 AM. The
power plant has been under construction
by Fukushima Gas Power (FGP), which is a
project company to promote the project of
natural gasfired power generation at Soma
Port in Shinchi Town, Fukushima Prefecture,
which JAPEX participate as the project
partner.
As the basement of the project, the power
plant had been under construction at Soma
Port No.4 Warf, since the investment decision
in October 2016 by FGP and its shareholders:
JAPEX, Mitsui & Co., Osaka Gas Co.,
Mitsubishi Gas Chemical Co., Hokkaido
Electric Power Co.
Together with the No.1 Unit commenced
commercial operation on April 30, 2020, the
power plant’s generation capacity is a total of
1.18mn kW (two units of 0.59mn kW).
The power plant uses regasified LNG
(Liquefied Natural Gas) for fuel, as the lowest
emission of Green House Gas (GHG) and air
pollutants among fossil fuels*1 and adopts
GTCC (Gas Turbine Combined-Cycle) with
highly generation efficiency of 61%*2 by
utilising the latest technologies to the proven

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