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QP books 25 years of

capacity at UK Grain LNG

PROJECTS & QATAR Petroleum (QP) has secured 25 years of known as North Field South (NFS), will increase
COMPANIES storage and redelivery capacity at the UK’s Grain it to 126mn tpy by the late 2020s.
LNG terminal starting in mid-2025, it said on Qatar, already the world’s biggest LNG pro-
October 13. ducer, has said it may pursue additional expan-
The deal comes after Grain LNG’s owner sion phases.
National Grid launched an open season process “In 2017, we announced our intention
in November last year. QP said its affiliate would to increase our LNG production capacity to
subscribe to up to 7.2mn tonnes per year (tpy) of 100mn tpy. The target was then increased
capacity at the site. in 2018 to 110mn tpy, and again, [after we
“By entering into this agreement, we are obtained] more data on the capability of our
reaffirming our commitment to the United giant North Field, the target was increased in
Kingdom’s gas market,” QP CEO and Qatari 2019 to 126mn tpy by 2027,” al-Kaabi said at a
Energy Minister Saad Sherida al-Kaabi said in a conference in Japan on October 13. “As history
statement. has shown, we don’t expect to stop at 126mn.
Grain LNG, situated on the Isle of Grain off We continue to strive to develop our natural
Kent, is able to store and supply enough gas to gas resources and lead the way in the world’s
meet at least 25% of UK gas demand. QP is also a LNG value chain.”
67.5% shareholder in another UK LNG terminal QP received final bids last month from three
at South Hook. engineering consortia for the construction of the
QP’s capacity reservation comes as it embarks first-phase liquefaction trains.
on a major expansion project at the offshore “We continue to move full steam ahead with
North Field, the source of the country’s LNG. the North Field expansion projects and expect
The first phase, known as North Field East to sign all remaining EPC contracts before
(NFE), will raise output from the current 77mn the end of this year as previously announced,”
tpy to 110mn tpy by 2025, while the second, al-Kaabi said.™

NEWS IN BRIEF

AMERICAS curve combined with the absolute lowest FID ASIA
threshold of 2.0-2.5 mtpa firm offtake.
Delfin announces uses the latest gas turbine technology, New Fortress Energy
The Delfin newbuild FLNG vessel design
completion of FEED for the optimisations of the Black & Veatch’s patented signs MoU with Philippine
PRICO® liquefaction technology, direct air
Delfin newbuild FLNG vessel cooling and waste-heat recovery to achieve National Oil Company to
maximum fuel efficiency and minimal (GHG)
Today Delfin Midstream is pleased to emissions. advance LNG infrastructure
announce the completion of FEED for the Each vessel will be equipped with two
newbuild FLNG Vessel of 3.5 mtpa nameplate offloading facilities to service both large, New Fortress Energy announced today
capacity for the Delfin LNG project in co- ocean-going carriers as well as the regional that it has signed a memorandum of
operation with Samsung Heavy Industries and demand for LNG bunkering and small-scale understanding (MoU) with the Philippine
Black & Veatch. carriers. With ultimately four FLNG vessels National Oil Company (PNOC) to advance
The tripartite co-operation has been in operation, the project will have 4 berths the development of infrastructure to supply
successful in developing a robust, low cost for 13 mtpa, which provides an unmatched reliable, cost-competitive power and natural
and efficient FLNG vessel design for the operational flexibility to service the bunkering gas into the Philippine market, for the benefit
project. The FEED results together with the and small-scale market. of the country and the Filipino people.
overall project development activities enable In parallel to the FEED the parties Under the MoU, PNOC and NFE will work
the company to execute the project for a total have developed a term sheet for a lump- together to identify potential opportunities
capital cost of around $550/tpa. sum, turnkey engineering, procurement, to accelerate the development of important
Each FLNG vessel can be developed construction, integration and commissioning LNG and power infrastructure in the
independently, with its own commercial and contract (LSTK EPCIC) as basis for the country, leveraging future investments to
financial structure, which allows Delfin to development of a fully termed agreement. build a new and durable LNG value chain
be at the lower end of the global LNG cost DELFIN MIDSTREAM, October 11, 2020 in the Philippines capable of generating

P20 www. NEWSBASE .com Week 41 16•October•2020