A Barrel Fulll Archive

December 3, 2015 JX Holdings, Inc. (“JXHD”) and TonenGeneral Sekiyu K.K. (“TonenGeneral”) announce that the companies have signed a Memorandum of Understanding (the “MOU”) today regarding a business integration of their groups and have agreed on a target date of April 2017 for the business integration. The two companies plan to conduct detailed examinations of and discussions on the integration, based on mutual trust and in the spirit of equal partnership, in order to execute a definitive agreement concerning the business integration (the “Business Integration Agreement”) with a target date of August 2016.  Refineries JX Holdings, Inc. Sendai Refinery 145 Kashima Refinery (Kashima Oil., Ltd.) 253  Negishi Refinery 270  Osaka Refinery (Osaka International Refining Company Ltd.) 115  Mizushima Refinery 380 Marifu Refinery 127 Oita Refinery 136 TonenGeneral Sekiyu K.K. Kawasaki Refinery 258 Chiba Refinery 152 Sakai Refinery 156 Wakayama Refinery 132

2021-09-02 By July 5, Jiangsu LNG Receiving Terminal Expansion Project has successfully passed Provisional Acceptance for 20 days, and all personnel involved at the project site are fully engaged in finishing the punch list items so as to make sure the start-up succeed on the first try. The Expansion Project - one of the critical environmental protection projects of the Province - would have a total tank volume of 1.08 million cubic meters after completion. This could greatly increase the facility’s LNG inventory and handling capabilities and the port/coast resources utilization efficiency, further improve the clean energy supply in the Yangtze Delta Region, which would be of great significance to the optimization of the energy consumption structure, energy conservation and pollution emissions reduction in the Delta Region. With the facility’s turning into production phase upon Provisional Acceptance, natural gas would flow steadily to the Province of Jiangsu and even the whole...

06 February 2020 Elengy has just acquired Total’s shares in Fosmax LNG, the company that owns the liquefied natural gas (LNG) terminal at Fos Cavaou . Elengy now owns 100% of its three LNG terminals: Fos Cavaou, Fos Tonkin and Montoir-de-Bretagne. Until now Fosmax LNG was owned 72.5% by Elengy and 27.5% by Total Gaz Electricité Holding France (TGEHF). The acquisition of the shares is financed mainly by an increase in Elengy’s capital reserved for the Société d’Infrastructures Gazières (SIG). The SIG now owns close to 18% of Elengy’s capital, with the balance being held by GRTgaz. For Elengy, the European leader in LNG terminals, and for its shareholders, this acquisition reflects the ambition to increase the industrial development of its sites at Fos-sur-Mer: Fos Cavaou and Fos Tonkin, at a time when LNG enjoys a new boom to support ecological transition.

22 Sep 2020 Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly-owned subsidiaries, Keppel AmFELS and Keppel Shipyard, clinched contracts worth approximately S$200 million combined. In the United States, Keppel AmFELS will be constructing a high-specification Trailing Suction Hopper Dredger (TSHD) for Manson Construction Co. The TSHD will be the first dredger built at Keppel AmFELS’ yard in Brownsville, Texas. When completed, the dredger will have a hopper capacity of 15,000 cubic yards and will operate primarily in the Gulf Coast and Atlantic Coast of the United States. It will be Jones Act Compliant and built to the requirements of classification society, American Bureau of Shipping (ABS). Measuring 420ft (128m) long with a breadth of 81ft (25m) and draft of 28.5ft (8m), the TSHD will be a highly automated vessel with a diesel-electric power system. Mr. John Holmes, Manson Construction Co. president, said, “We are pleased to be partnering with Keppel AmF...

2021 BW Tatiana is the first-ever Floating Storage and Regasification Unit (FSRU) deployed in El Salvador, with a capacity of 280 MMSCFD and storage capacity of 137,000 m3. The vessel will be part of the Acajutla FSRU project which is built for exclusive use by Energía del Pacífico (“EDP”), a 378MW combined–cycle generation plant in the country. The vessel is jointly owned by BW LNG and Invenergy Investment Company, bringing together a combined 100+ years of expertise in the power and shipping industries to the Project. BW LNG will provide management oversight during conversion and operation. As the smallest country in Central America, El Salvador relies heavily on imported Heavy Fuel Oil-fired generators for its dispatched power. Our Project is expected to be the lowest cost thermal generator in the country, and it aims to supply 30% of the county’s total demand and significantly reduces its energy imports from 25% to about 5% in 2023. In addition to making electrici...

December 17, 2019 The Asian Infrastructure Investment Bank (AIIB) is investing USD500 million to support China’s efforts to transition to a lower-carbon energy future. The Beijing-Tianjin-Hebei Low Carbon Energy Transition and Air Quality Improvement Project aims to increase the availability of natural gas to help reduce coal consumption and related emissions in the region surrounding China’s capital. With a population of around 112.7 million1, the Beijing-Tianjin-Hebei region is one of the most important economic engines within China. However, it has been facing the dual challenges of increasing energy demand and addressing air pollution, which directly affect the quality of life of local residents. China is endeavoring to control coal consumption as part of its commitments under the Paris Agreement to peak its carbon dioxide emissions by 2030. Reducing coal consumption will also deliver the co-benefit of improving air quality. To meet its environmental commitments and still ensure a...

 September 21, 2021 New Fortress Energy Inc. (NASDAQ: NFE) (“New Fortress”) and The Government of the Democratic Socialist Republic of Sri Lanka (“GOSL”) jointly announced today that they have executed a definitive agreement for New Fortress’ investment in West Coast Power Limited (“WCP”), the owner of the 310 MW Yugadanavi Power Plant based in Colombo, along with the rights to develop a new LNG Terminal off the coast of Colombo, the capital city. As part of the transaction, New Fortress will have gas supply rights to the Kerawalapitya Power Complex, where 310 MW of power is operational today and an additional 700 MW scheduled to be built, of which 350 MW is scheduled to be operational by 2023.

24. June 2020 In February 2020 TGE had already been awarded for the SCV contract with the target to extend the existing terminal capacity to 7.5 billion Nm³ per year. The additional contracts signed Wednesday, 24.06.2020 in Warsaw, include the extension of the terminal by a third LNG tank with a size of 180,000 m³ and a second jetty including the topsides and pipeline interconnections to the existing terminal. TGE’s new CEO, Thomas Wehrheim is looking forward to the successful performance and completion of this outstanding project and would like to thank the client GAZ-SYSTEM and Polskie LNG as well as the Sea Port Authority ZMPSIS and consortium Partner PORR S.A. for the joint effort during the proposal phase and their trust placing in TGE.

May 29, 2014 KBR Inc. (NYSE: KBR) announced today that the company has been awarded a contract by Gulf LNG Liquefaction Company, LLC (GLLC), an affiliate of Gulf LNG Energy, LLC (GLE), to provide Federal Energy Regulatory Commission (FERC) FEED engineering and FERC report pre-filing services to support the addition of ten million metric tons per year of liquefaction and export capabilities to GLE's existing liquefied natural gas (LNG) import terminal, Gulf LNG Terminal , located in Jackson County, Miss. Expected revenue from the contract will be included in the second quarter 2014 backlog of unfilled orders for the Gas Monetization segment. The contract value was not disclosed. Under the terms of the contract, KBR will perform FERC FEED engineering for two LNG trains (each five million metric tons per year) and associated facilities based on KBR's proven reference design using APCI C3MR Technology. Additionally, KBR will provide the technical documentation required by the Feder...

11/26/2014 Kinder Morgan, Inc. (NYSE: KMI) today announced it has completed its acquisition of the outstanding equity securities of Kinder Morgan Energy Partners, L.P. (NYSE: KMP), Kinder Morgan Management, LLC (NYSE: KMR) and El Paso Pipeline Partners, L.P. (NYSE: EPB). The approximately $76 billion transaction was initially announced Aug. 10, 2014. Chairman and CEO Richard D. Kinder stated, “We are delighted to close the KMP, KMR and EPB transactions. We believe merging the companies benefits our shareholders and unitholders, simplifies the Kinder Morgan story by transitioning to one security and paves the way for superior growth at KMI for years to come. KMI projects a dividend of $2.00 per share for 2015, a 16 percent increase over the 2014 KMI dividend budget of $1.72 per share. The company expects to grow the dividend by approximately 10 percent each year from 2015 through 2020, while producing excess coverage of over $2 billion.” Kinder Morgan, Inc. (NYSE: KMI) is the largest ...

09/10/2015 Natural Gas Pipeline Company of America LLC (NGPL) today announced an agreement with Corpus Christi Liquefaction, LLC, a subsidiary of Cheniere Energy, Inc., to provide the Corpus Christi Liquefaction Project with 385,000 dekatherms per day of southbound natural gas transportation capacity on NGPL’s expanded Gulf Coast mainline system for a 20-year term. NGPL expects to invest approximately $212 million in facilities to enable it to complete the first phase of its Gulf Coast Market Expansion Project, which will increase NGPL’s total southbound capacity from multiple receipt points, including the Rockies Express Pipeline (REX) interconnection at Moultrie, Illinois, to existing and growing markets along Texas and the Louisiana Gulf Coast. “We are pleased to move forward with this project as gas production increases in the Utica and Marcellus shale and markets continue to grow along the Gulf Coast,” said NGPL President David Devine. “Additionally, we are delighted to provide ...

06/02/2016 Kinder Morgan, Inc. (NYSE: KMI) today announced that subsidiaries Elba Liquefaction Company, L.L.C. (ELC) and Southern LNG Company, L.L.C. (SLNG), have received authorization from the Federal Energy Regulatory Commission (FERC) for the Elba Liquefaction Project . The approximate $2 billion project will be constructed and operated at the existing Elba Island LNG Terminal near Savannah, Georgia. As previously announced, the first of 10 liquefaction units is expected to be placed in service in the second quarter of 2018, with the remaining nine units coming online before the end of 2018. This project is supported by a 20-year contract with Shell. KMI also announced today that Elba Express Company L.L.C. (EEC) and Southern Natural Gas Company, L.L.C. (SNG) have received from FERC Certificates of Public Convenience and Necessity for the EEC Modification Project and SNG Zone 3 Expansion Project, respectively. Together these projects total $306 million and include additional compr...

28 May 2019 Bechtel, a global leader in project management, engineering, and construction, has been awarded the engineering, procurement, and construction (EPC) contract by NextDecade for the first phase of the Rio Grande liquefied natural gas (LNG) project . The project will consist of three liquefication trains, two 180,000 cubic meter storage tanks, and two marine berths. There is an opportunity to build an additional storage tank and LNG truck loading facilities. “Our LNG team is building on a proven track record of delivering world-class projects that help our customers bring an important energy source to the global economy,” said Darren Mort, Bechtel’s LNG general manager. “Our milestones are a testament to what the industry can accomplish with innovative approaches to technical challenges, and collaboration between owners, contractors, suppliers, and local communities.” Since 2015, Bechtel has delivered 14 large-scale LNG production trains around the world for Cheniere, Shell, ...

21 December 2018 BP and partners today announced that the Final Investment Decision (FID) for Phase 1 of the innovative cross-border Greater Tortue Ahmeyim development has been agreed. The decision was made following agreement between the Mauritanian and Senegalese governments and partners BP, Kosmos Energy and National Oil Companies Petrosen and SMHPM. “Achieving sanction for the ground-breaking Greater Tortue Ahmeyim development, and at such a fast pace, is testament to the dynamic partnership working together to bring this innovative project onstream and establish a new deepwater gas value chain,” said Bernard Looney, BP’s Upstream chief executive. “It represents the beginning of a multi-phase project that is expected to deliver LNG revenues and gas to Africa and beyond for decades to come. We see this as the start of a new chapter for Africa’s energy story and are honou...

 24/05/2018 In the presence of the President of the Russian Federation, Vladimir Putin, and the President of the French Republic, Emmanuel Macron, Total has signed an agreement with Novatek outlining the terms upon which Total shall acquire a direct working interest of 10% in Arctic LNG 2 , a giant liquefied natural gas project lead by Novatek on the Gydan Peninsula in the north of Siberia. Taking account of Total’s approximate 19% stake in Novatek and Novatek’s intention to retain 60% of the project, the Group's overall economic interest in this new LNG project will be approximately 21.5%. Should Novatek decide to reduce its participation below 60%, Total will have the possibility to increase its direct share up to 15%. Novatek and Total have also agreed that Total will have the opportunity to acquire a 10 to 15% direct interest in Novatek's future LNG projects in Yamal and Gydan. “Total is delighted to be part of this new world class LNG project alongside its partner Nova...

09/05/2019 Total, Novatek and the other project shareholders have approved the final investment decision (FID) for Arctic LNG 2 , a major liquefied natural gas (LNG) development located on the Gydan peninsula, Russia. The project will have a production capacity of 19.8 million tons per year (Mt/y) and is expected to export its first LNG cargo by 2023, the second and third train to start up by 2024 and 2026. Total has a direct 10% interest in Arctic LNG 2 alongside Novatek (60%), CNOOC (10%), CNPC (10%) and a Mitsui-Jogmec consortium, Japan Arctic LNG (10%). Total also owns an 11.6% indirect participation in the project through its 19.4% stake in Novatek, thus an aggregated economic interest of 21.6% in the project. “Arctic LNG 2 will leverage the success of the Yamal LNG project and will deliver competitive LNG to the markets in four years’ time," commented Patrick Pouyanné, Chairman and CEO of Total. “Arctic LNG 2 adds to our growing portfolio of competitive LNG developments bas...

Nov 2020 McConnell Dowell announced today that it has been awarded contracts and granted notice to proceed by FGEN LNG Corporation (FGEN), a wholly-owned subsidiary of First Gen Corporation (First Gen), to build and deliver the Interim Offshore Terminal Project ("IOT Project") at the latter's Batangas LNG Terminal located in the First Gen Clean Energy Complex in Batangas, Philippines. Under the contracts, McConnell Dowell will undertake the Engineering, Procurement and Construction of both the Multiple Purpose Jetty and Onshore Gas Receiving Facility. This award builds upon McConnell Dowell’s long history of delivering complex marine infrastructure across South East Asia, and the new Multiple Purpose Jetty will be a permanent modification of the existing liquid fuel jetty which McConnell Dowell constructed for First Gen in 1998. Once completed, the IOT Project will allow First Gen to accelerate the introduction of LNG into the country and serve the natural gas requiremen...

April 5, 2021 We’re proud to announce that we’ve agreed to a 5-year contract with FGEN LNG Corporation for the charter of BW Paris, a Floating Storage Regasification Unit (FSRU) . BW Paris will play a role in ensuring the Philippines’ energy security as part of First Gen’s Interim Offshore LNG Terminal for the First Gen Clean Energy Complex in Batangas City, Philippines. Besides providing LNG storage and regasification services, BW Paris will support the Philippines’ ambition to be an LNG hub through additional services such as the reloading of LNG into trucks and small-scale LNG vessels. This will increase LNG access to nearby industrial areas as well as the rest of the Philippine archipelago. Congratulations to everyone involved and thanks to First Gen Corporation for partnering with us on this important journey!

14 April 2021 Under the name "Green Wilhelmshaven," Uniper plans to establish a German national hub for hydrogen in Wilhelmshaven and is working on a corresponding feasibility study. An import terminal for green ammonia is planned. The terminal is planned to be equipped with an "ammonia cracker" for producing green hydrogen and will also be connected to the planned hydrogen network. A 410-megawatt electrolysis plant is also planned, which – in combination with the import terminal - would be capable of supplying around 295,000 metric tons or 10% of the demand expected for the whole of Germany in 2030. The generated climate friendly hydrogen will primarily be used to supply local industry, but it will also be possible to feed it into the national hydrogen network. This approach will help to solve one of the key problems of energy transition: security of supply. The NH3 splitting plant for producing green hydrogen would be the first scaled plant of its kind. David Brys...

3.03.2017 On 12-Dec-2016, GDF Suez Neptune LNG storage, regasification vessel (SRV) arrived at the Turkey’s first floating LNG receiving facility in Aliaga, Izmir to discharge its cargo which has been re-loaded at French Montoir LNG terminal.  The Aliaga FSRU is capable to supply 5.3 BCM/Y of regasified LNG (more than 12 percent of Turkey's annual gas demand) to the country’s gas supply network. It has started conducting commissioning process as it was expected to start commercial operation by the end of the year. The terminal is able to receive LNG carriers of up to 217,000-CM and its jetty allows two vessels to be moored in a double-banked configuration so that a visiting LNG vessel can transfer its cargo via an STS operation to the FSRU or SRV.  The Turkish FSRU project’s shareholders are Kolin and Kalyon Turkish groups and operated by Etki Liman Isletmeleri Dogal Gaz Ithalat ve Ticaret AS (Etki Port Operations Natural Gas Import and Trade). The GDF Suez Neptune SRV (2...

July 10th 2020 “We establish the next day of energy”. This is the slogan of the new era, which is signaled in Cyprus, as the country is ready to welcome natural gas, the fuel of the 21st century. A special ceremony was held yesterday in Vassilikos, within which the activities for the construction of the largest energy project were launched. Nicos Anastasiades, President of the Republic of Cyprus, attended the ceremony and placed the cornerstone along with Symeon Kassianides, Chairman of the Natural Gas Public Company (ETYFA LTD), Georgios Lakkotrypis, Minister of Energy, Commerce and Industry and Michalis Komodromos, Chairman of the Electricity Authority of Cyprus (EAC). Hundreds of guests attended the ceremony. Among them members of the Cabinet and the Parliament, ambassadors from many countries where Cyprus is developing activities, as well as Greek and international entrepreneurs, local and international media. Mr. Anastasiades marked this day as a historic landmark. As he pointed o...

February 2021 CTCI is pleased to announce that the PTTLNG Nong Fab LNG Terminal project in Thailand, which it contracted jointly with Saipem, has recently completed the tank roof raising for two gigantic liquefied natural gas (LNG) tanks on Jan. 23 and Feb. 6, 2021, respectively. The tank roof raising marks a major milestone of the LNG storage tank construction in this project. By accomplishing this task, CTCI gained further experience and established track record in the global LNG engineering business field, proving its technical capabilities.   Located in the industrial zone of Rayong Province, Thailand, Nong Fab is the second LNG receiving terminal invested and constructed locally by PTTLNG Company Limited, a subsidiary of PTT Group, Thailand's leading energy firm.  Kicked off on July 1, 2018, the project includes engineering, procurement, construction and commissioning of two 250,000m3 LNG storage tanks (the largest capacity per single LNG storage tank in Thailand),...

Jan. 13, 2021 New Fortress Energy Inc. (Nasdaq: NFE) (“NFE”) today announced that it has signed a Memorandum of Understanding (“MOU”) with Petrobras Distribuidora S.A. (“BR”) and CCETC Brasil Holding Ltda. (“CCETC”) to acquire 288MW of 15-year power purchase agreements (“PPAs”) and intends to develop an LNG terminal and gas-fired power plant at the Suape Port in Brazil. “The Suape Port provides an ideal location for NFE to bring clean and affordable energy to a rapidly growing region of Brazil,” said Wes Edens, Chairman and CEO of New Fortress Energy. “Our LNG terminal and gas-fired power plant will advance the clean energy transition in the state of Pernambuco and the wider Northeast region of Brazil. Coupled with our acquisition of Hygo, this provides us a significant portfolio of power and gas assets and a leadership position in Brazil’s large and growing market.” Under the MOU, BR and CCETC intend to sell to NFE 100% of their respective ownership in power generation companies Pe...

Aug. 11, 2021 New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) announced today that it has executed two Gas Supply Agreements (“GSA”) with subsidiaries of Unigel Participações (“Unigel”) to supply natural gas to the Unigel Agro-BA and Unigel Agro-SE fertilizer plants (the “Fertilizer Plants”) located in the Brazilian states of Bahia and Sergipe, respectively. The agreements also include an option to supply Unigel’s chemicals facility in Candeias, state of Bahia, Brazil. In total, NFE expects to supply Unigel with up to 41 Tbtu of natural gas annually (equivalent to approximately 1.4 million gallons of LNG per day) for a 5-year term beginning in Q1 2022. “We are excited to become the strategic gas supply partner of Unigel, one of the premier industrial companies in Brazil,” said Wes Edens, Chairman and CEO of NFE. “This partnership demonstrates the value our LNG import terminals will provide to customers in Brazil as we bring affordable, reliable energy supply and support industry throu...

Sep. 9, 2021 New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) announced today that it has executed definitive commercial terms with a subsidiary of Norsk Hydro ASA (“Hydro”) to supply natural gas to the Alunorte Alumina Refinery in Pará, Brazil for a term of 15 years. “We are excited to partner with Hydro to transition the Alunorte refinery to a cleaner fuel and to support Hydro’s global sustainability and environmental commitment,” said Wes Edens, Chairman and CEO of New Fortress Energy. “This is a great example of how our LNG terminals can accelerate the energy transition in Brazil.” Hydro is converting the calcination process and part of the steam generation at the Alunorte Alumina Refinery from fuel oil to natural gas. This initiative is part of Hydro's climate strategy and its global commitment to reduce its greenhouse gas emissions by 30% by 2030. The fuel switch will reduce the refinery’s annual CO2 emissions by 600,000 tonnes. “Alunorte is among the most energy efficient a...

April 19, 2018 Golar LNG Limited ("Golar") announces today that Golar Power Limited ("Golar Power"), a joint venture with Stonepeak Infrastructure Partners, has reached financial closing on the 1.5GW Porto de Sergipe I Power Project (the "Project" or "Sergipe TPP"). Located in Sergipe, NNE of Brazil, the Project will be the largest and most efficient thermoelectric power plant in Latin America and the Caribbean upon its completion. CELSE (Centrais Elétricas de Sergipe S.A.), the Project company 50% controlled by Golar Power, will receive US$1.340 billion under a non-recourse project financing structure. Total proceeds from the financing will be used to fund remaining capital expenditures of the Project, including: the 1.5GW Power Plant, a dedicated 34km 500KV high-voltage transmission line, and associated gas pipeline and mooring infrastructure required for the integrated LNG import terminal facility . Total Project capex including taxes and fina...

Jan. 13, 2021 New Fortress Energy Inc. (Nasdaq: NFE) (“NFE”) today announced that it has entered into definitive agreements to acquire Hygo Energy Transition Ltd. (“Hygo”), a 50-50 joint venture between Golar LNG Limited (Nasdaq: GLNG) (“GLNG”) and Stonepeak Infrastructure Fund II Cayman (G) Ltd., a fund managed by Stonepeak Infrastructure Partners (“Stonepeak”), and Golar LNG Partners, LP (Nasdaq: GMLP) (“GMLP”). “With a strong presence in Brazil and a world-class LNG shipping business, Hygo and GMLP are excellent additions to our efforts to accelerate the world’s energy transition,” said Wes Edens, Chairman and CEO of NFE. “The addition of Hygo will quickly expand our footprint in South America with three gas-to-power projects in Brazil’s large and fast-growing market. With GMLP, we gain LNG ships and world-class operators that are an ideal fit to support our existing terminals and robust pipeline.” “We are impressed with what Wes Edens and the NFE team have created and their commi...

25 February 2020 Centrica plc and Centrais Elétricas de Sergipe S.A. (CELSE) have collaborated to commission the first private Liquefied Natural Gas (LNG) import terminal in Brazil. On 4 February, Centrica-chartered vessel, the Singapore Energy, delivered 95,000m3 of LNG by a ship-to-ship operation to the Golar Nanook Floating Storage and Regasification Unit (FSRU) located 8.5km off the coast. The FRSU is connected by pipeline to CELSE’s Usina Termoelétrica (UTE) Porto de Sergipe I combined-cycle gas-fired power plant, the largest in Latin America.

August 22, 2018 On August 18, 2018, Excelerate Energy Bangladesh Limited (Excelerate) completed the commissioning of its Moheshkhali Floating LNG (MLNG) terminal – Bangladesh’s first liquefied natural gas (LNG) import facility – signifying the official commencement of operations for the project. This milestone was achieved approximately 25 months after the execution of project agreements, which took place in July 2016, with the state-owned Bangladesh Oil, Gas & Mineral Corporation (Petrobangla) and 13 months following the receipt of all permits required to achieve financial close in August 2017 with its lenders, led by the International Finance Corporation (IFC). Located offshore Moheshkhali Island in the Bay of Bengal, the terminal has begun delivering natural gas to the Chittagong region of Bangladesh, marking the first time the country has received natural gas from the global market. The new terminal enables Petrobangla to procure LNG from international natural gas markets and...

April 29, 2019 Summit LNG Terminal Co Ltd (SLNG) has successfully completed the commissioning of its Floating Storage and Regasification Unit (FSRU) at 2200 hours (local time) on 29th April 2019, Monday and supplying 500 mmcfd of regasified liquified natural gas to the national grid. This significant milestone was achieved approximately one month ahead of schedule saving resources for the government and will be source of supply to many of the homes and industries waiting for much needed gas supply. Founder Chairman of Summit Group Muhammed Aziz Khan remarked, “Investors in Bangladesh requires to believe that energy, gas and power will be available to their industries. Our Summit LNG’s 500 mmcfd will help to strengthen that trust. Price is a matter of demand and supply in a free-market economy. However Bangladesh Energy and Regulatory Commission (BERC) has to set fair price as only a fair price can ensure uninterrupted gas and power supply.” He added, “We are grateful for the opportuni...

06.03.2019 The Prime Minister of India, Mr. Narendra Modi dedicated IndianOil’s Ennore LNG Terminal to the nation by unveiling the plaque at a glittering function held at Kilambakkam, Kanchipuram District, Tamil Nadu. The event was marked by the august presence of Mr. Banwarilal Purohit, Hon’ble Governor of Tamil Nadu, Mr. Edappadi K. Palaniswami, Hon’ble Chief Minister of Tamil Nadu, Mr. Pon. Radhakrishnan, Minister of State for Finance and Shipping, Dr. M. Thambidurai, Deputy Speaker, Loksabha, Mr. O. Paneerselvam, Deputy Chief Minister of Tamil Nadu, Ms. K. Maragatham, MP, Mr. M M Kutty, Secretary, MoP&NG, Mr. Sanjiv Singh, Chairman, IndianOil, Mr. G K Satish, Director (P&BD), IndianOil, Mr. S. Senthilkumar, ED I/c (RS), SR, Mr. R. Sitharthan, ED I/c, TNSO and Mr. Arup Sinha, ED (RS), SR. IndianOil, through its Joint Venture Company, IndianOil LNG Pvt. Ltd., has developed this 5-million metric tonnes per annum (MMTPA) capacity Liquefied Natural Gas (LNG) Terminal at Kamara...

Jun 11, 2019 Shell, along with its Joint Venture Partners INPEX, KOGAS and OPIC, today announced that the first shipment of Liquefied Natural Gas has sailed from Shell’s Prelude Floating Liquefied Natural Gas (FLNG) facility located 475kms North East of Broome in Western Australia. This shipment will be delivered by the Valencia Knutsen to customers in Asia. Maarten Wetselaar, Integrated Gas and New Energies Director said: “Today’s first shipment of LNG departed from Prelude FLNG, safely. Everyone involved should be very proud of the work taken to reach this important milestone. “Prelude forms an integral part of our global portfolio and plays an important role in meeting the growing demand for more and cleaner energy for our customers around the world.” Zoe Yujnovich, Chairman Shell Australia said: “Prelude FLNG combines human endeavour and ingenuity from across the globe and here in Australia. We are proud to work with our local communities, suppliers and partners to ensure its safe...

January 30 2020 Excelerate Energy L.P. (Excelerate) and Engro Elengy Terminal Ltd (EETL) have signed a Heads of Agreement (HOA) for the expansion of the EETL liquefied natural gas (LNG) import terminal located in Port Qasim, Pakistan. Under the agreement, Excelerate will exchange its existing floating storage and regasification unit (FSRU) Exquisite with a newbuild FSRU, Hull 2477, which is currently under construction at Daewoo Shipbuilding and Marine Engineering (DSME) shipyard. Hull 2477 will increase EETL’s send-out capability by more than 150 million standard cubic feet per day (MMscf/d) and increase its LNG storage capacity from 150,900 cubic meters to 173,400 cubic meters. Excelerate will take delivery of Hull 2477 in April of this year, and EETL projects beginning expanded operations in Pakistan before winter 2020. “We are proud to partner with Engro and Vopak on this expansion to help meet the growing demand for natural gas in Pakistan. We continuously work with our custo...

12.Jan.2021 Reganosa has been awarded the contract to operate and maintain a liquefied natural gas (LNG) regasification terminal in Tema, Ghana. Currently under construction, the Tema LNG terminal is an innovative addition to the region’s infrastructure and unique in sub-Saharan Africa, as both its storage (FSU) and regasification (FRU) units are floating. Tema LNG Terminal Company (TLTC) awarded Reganosa the contract for the O&M of the FSU and the FRU, as well as the associated 6km gas pipeline and a pressure reduction and metering station connected to the existing pipeline network, which will be in the power and industrial enclave of Tema. This contract consolidates Reganosa as a reference company in the maintenance and operation of energy infrastructures, and reinforces its international expansion process. From pre-feasi- bility phases to commercial operations, over the last three years it has provided services of various kinds in 14 countries on four continents. Since 2016 it ...

January 10, 2017 Texas LNG Brownsville LLC (“Texas LNG”) is pleased to announce that it has executed detailed non-binding Term Sheets with four independent LNG buyers in South East Asia and China for a volume of 3.1 MTA. Buyers include a mix of state-owned and private entities that currently own, or plan to construct LNG receiving facilities in the next few years. Option rights in the Term Sheets could increase these offtake volumes to approximately 4 MTA. Texas LNG is now oversubscribed for its Phase 1 capacity of 2 MTA (comprising of one APCI LNG train), a key requisite to attaining FID. The Term Sheets provide the commercial foundation for Texas LNG to continue negotiating definitive 20-year LTAs and SPAs. Under the terms of the LTAs, Texas LNG will be paid monthly capacity fees to liquefy natural gas, store it, and deliver it onto LNG ships arranged by the LNG buyer. Texas LNG is also promoting an SPA structure, whereby it is responsible for delivering LNG on an FOB or DES basis,...

October 11th, 2020 Today Delfin Midstream (“Delfin”) is pleased to announce the completion of FEED for the Newbuild FLNG Vessel of 3.5 MTPA nameplate capacity for the Delfin LNG Project in cooperation with Samsung Heavy Industries and Black & Veatch. The tripartite cooperation has been successful in developing a robust, low cost and efficient FLNG Vessel design for the project. The FEED results together with the overall project development activities enable the company to execute the project for a total capital cost of around 550 $/tpa(1). Each FLNG Vessel can be developed independently, with its own commercial and financial structure, which allows Delfin to be at the lower end of the global LNG cost curve combined with the absolute lowest FID threshold of 2.0 to 2.5 MTPA firm offtake. The Delfin Newbuild FLNG Vessel design uses the latest gas turbine technology, optimizations of the Black & Veatch’s patented PRICO® liquefaction technology, direct air cooling and waste-heat re...

October 22, 2018 Black & Veatch Corporation and Kiewit Energy Group Inc. announced today that they have made an equity investment in the Annova LNG export project in Brownsville, Texas. Both companies cite the project’s recent commercial progress as a reason for their investment. Concurrently, Black & Veatch and Kiewit have been awarded the engineering, procurement and construction (EPC) contract for the Annova LNG 6.0 million tonnes per annum (MTPA) project on a joint basis. “Annova LNG is pleased to welcome Black & Veatch and Kiewit as both equity investors and strategic partners that will provide unparalleled expertise in the design, engineering and construction of our LNG facility,” said Omar Khayum, Annova LNG CEO. “We recognize that our target customers place high value on a track record of delivering critical projects on time and within budget, and Annova LNG has now taken significant steps to achieve that. The Annova LNG project continues to advance, and this annou...

MARCH 11, 2015 Houston‑based Annova LNG, LLC today filed a request with the Federal Energy Regulatory Commission to initiate a review of the potential development of a mid‑scale natural gas liquefaction and transfer facility at the Port of Brownsville, Texas. Exelon Generation is the majority owner of the Annova LNG Brownsville Project. "The project represents a potential opportunity to diversify Exelon's role in the energy business in an area that shows strong growth potential: natural gas exports," Exelon Generation President and CEO Ken Cornew said. "Exploring LNG exports is a natural evolution of Exelon's diversification strategy," Cornew said. "The U.S. offers some of the most competitive supplies of natural gas in the world, and this project provides Exelon an opportunity to continue the growth of our wholesale gas businesses." The project is contingent upon Annova successfully obtaining all necessary local, state and federal permits; acquis...

May 4, 2020 Freeport LNG today announced that it began commercial operations for its third liquefaction train on Friday, May 1, with the commencement of liquefaction services to Total S.A. and SK E&S under their tolling agreements with Freeport. “The start of commercial operations for Freeport LNG’s Train 3 marks the full commercial operation of our $13.5 billion, three train facility. After over five and a half years of construction, which began in December 2014, we are thrilled to now have all three trains operating safely, and capable of producing in excess of 15 mtpa. I want to congratulate and thank our teams who have worked diligently throughout our development and construction process, navigating many challenges along the way. Freeport LNG’s success would not be possible without the dedication, hard work and discipline of our employees,” said Michael Smith, Founder, Chairman and CEO. Freeport LNG’s liquefaction facility is the seventh largest in the world and the second l...

07/13/2018 Total announces the closing of the acquisition of Engie’s portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of $1.5 billion. Additional payments of up to $ 550 million could be payable by Total in case of an improvement in the oil markets in the coming years. This portfolio includes participating interests in liquefaction plants, notably the interest in the Cameron LNG project in the US, long term LNG sales and purchase agreements, an LNG tanker fleet as well as access to regasification capacities in Europe. “Acquiring Engie’s LNG business is a real step change for Total allowing us to leverage size and flexibility in the fast growing and increasingly commoditized LNG market. This transaction makes Total the second largest global LNG player among the majors with a worldwide market share of 10% and the Group will manage an overall LNG portfolio of around 40 Mt per year by 2020. It also helps us to build a position in the US LN...

August 19, 2019 Cameron LNG today announced that Train 1 of its new liquefaction-export project in Hackberry, La., has begun commercial operations under the tolling agreements in place to export LNG to customers in the global market. “Achieving commercial operations of the first train has required hard work and dedication from many people both within and outside of Cameron LNG,” said Farhad Ahrabi, CEO of Cameron LNG. “I would like to thank all Cameron LNG employees for their commitment to reach this significant milestone. It is truly a proud occasion for all of us and one that we will celebrate together as we continue working to achieve commercial operations on Trains 2 and 3 with the same rigor and world-class safety performance.” Cameron LNG completed all major construction activities for Train 1 and began the commissioning and start-up process in November 2018. In May, the facility began producing LNG and shipping commissioning cargos as part of the process to support stabilizing ...