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LNG Journal - PRE news, Asian LNG $8.00 - jft310 - 02-15-2016
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2016
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LATEST NEWS
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The US Cameron liquefied natural gas export venture in Louisiana has received conditional regulatory approval for its plans to construct two additional processing Trains for almost 10 million tonnes per annum of extra capacity. Full Article
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Freeport LNG, the US import terminal being transformed into a liquefaction and export plant at Quintana Island, Texas, has named Bryan Frey as Global Head of LNG Marketing, effective from February 15, 2016. Full Article
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Chevron Corp. said Asia-Pacific liquefied natural gas supremo Melody Meyer who oversaw projects such as Gorgon and Wheatstone LNG in Australia and a major gas project in China is retiring after 37 years of service for the US major. Full Article
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Smallest LNG carrier fleet operator finds life tough in the short-term charter market
Norwegian shipping company Awilco LNG, with just two vessels currently operating in its fleet after two were laid up and another was sold, has found life tough as it has struggled to make money from the shorter-term charter market. Full Article
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Company that planned world's first joint venture for Floating LNG battles for survival
Pacific Exploration and Production Corp., the company formerly known as Pacific Rubiales Energy that planned the world's first Floating LNG production project offshore Colombia with Belgium shipping group Exmar, is working on a restructuring as it battles to survive the oil slump. Full Article
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NEWS IN BRIEF
Japan's think-tank first
The Institute of Energy Economics, Japan (IEEJ), whose LNG reports appear regularly in the "LNG Journal", was named the world's Top Energy and Resource Policy Think Tank in an annual review and rankings list published by the University of Pennsylvania. The IEEJ finished ahead of two US bodies, the James A. Baker III Institute for Public Policy and the World Resources Institute (WRI) in the US, as well as the fourth-placed Oxford Institute for Energy Studies in the UK.
Carriers for US and Asia
The 165,000 cubic metres capacity carrier "GasLog Salem" is scheduled to arrive on March 1 at the Sabine Pass export plant in Louisiana, operated by Cheniere Energy, according to shipping data. The 155,000 cubic metres capacity carrier "British Diamond", operated by BP Shipping, is scheduled to arrive at the port of Galveston in Texas on February 16. The 216,200 cubic metres capacity carrier "Al Sahla" will deliver a shipment from Qatar on February 17 to the Indian Dahej import terminal, located north of Mumbai and operated by Petronet LNG. The 160,000 carrier "Cool Voyager" was scheduled in Singapore on February 19 after loading a cargo at the Gladstone export terminal in Queensland, Australia.
Italy and UK get LNG
The 151,700 cubic metres capacity carrier "Al Marrouna", operated by Teekay LNG, has just unloaded a cargo at the Italian Adriatic LNG terminal, offshore Rovigo, according to shipping data. The 210,100 cubic metres capacity carrier "Al Ruwais" is expected to unload a cargo at the UK South Hook import terminal at Milford Haven around February 20.
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