Tagged LNG

ICE to start trading first U.S. LNG futures contract

Rate this article By LNG World News Intercontinental Exchange (ICE) will begin trading a first-ever U.S. LNG futures contract in a response to the growing U.S. LNG export volumes. The ICE LNG futures contract will be cash settled against the Platts LNG Gulf Coast Marker (GCM) price assessment and it will use Platts-derived U.S. GCM…

South Hook LNG books Qatari cargo

Rate this article By LNG World News Image courtesy of QatargasSouth Hook LNG terminal on the shores of Milford Haven waterway is scheduled to receive a Qatari cargo of liquefied natural gas next week. According to the shipping data by the Milford Haven Port Authority, the 266,000-cbm Q-Max LNG carrier Al Mafyar is set to…

Report: Poland plans to restrict LNG supplies from single source

Rate this article By LNG World News Poland could limit the volumes of liquefied natural gas (LNG) imports from a single supplier to 70 percent of the total import volumes into the country. The initial restriction could start from April this year, Reuters reports, citing the Polish energy ministry. The cap would be reduced to…

GIIGNL updates its LNG custody transfer handbook

Rate this article By LNG World News Image courtesy of FluxysResponding to the changing LNG market conditions, the international group of liquefied natural gas importers (GIIGNL) issued its new LNG custody transfer handbook. The handbook provides practical guidance on the equipment and methodology for determining the thermal energy of liquefied natural gas (LNG) transported by…

DOE: U.S. LNG exports hit 235 Bcf in Feb-Jan

Rate this article By LNG World News Oak Spirit at Sabine Pass (Image courtesy of JERA)Liquefied natural gas (LNG) exports from Cheniere’s Sabine Pass liquefaction facility in Louisiana reached 235 billion cubic feet (Bcf) during the February-January period, the latest data from the U.S. Department of Energy shows. Cheniere’s Sabine Pass liquefaction facility in Louisiana,…

Hyundai Heavy orders GTT tech for Knutsen’s LNG newbuild

Rate this article By LNG World News Image courtesy of GTTGaztransport & Technigaz (GTT), the French maker of LNG containment systems, has been selected by Hyundai Heavy Industries to equip a new LNG carrier with its Mark III Flex containment system. HHI is constructing a 180,000-cbm LNG carrier for the Norwegian shipping company, Knutsen with…

Cameron LNG project construction progresses (Gallery)

Rate this article By LNG World News Sempra Energy’s Cameron LNG progressed the construction of its liquefaction and export project in Louisiana during the month of February. The construction activities included civil works, structural steel erection, fireproofing work, installation of equipment, tanks and piping, electrical and instrument works, and tie-in works within the existing facility….

Petrobras’ 2016 LNG imports down

Rate this article By LNG World News Image courtesy of PetrobrasBrazil’s state-controlled oil and gas company Petrobras said Tuesday its liquefied natural gas (LNG) imports dropped by 65 percent last year. LNG imports into Brazil stood at 37 Mbbl/d (thousand barrels per day) last year as compared to 105 Mbbl/d the year before, Petrobras said…

Cheniere gets FERC permit to start Sabine Pass LNG Train 3

Rate this article By LNG World News Image courtesy of CheniereUS LNG player Cheniere has been granted approval by the Federal Energy Regulatory Commission to place Sabine Pass project’s third liquefaction train in service. Cheniere filed a request to place the third liquefaction train in service on March 20, following the completion of the commissioning…

Japan’s February LNG imports climb almost 5 pct

Rate this article By LNG World News Image courtesy of Tokyo Electric PowerLiquefied natural gas (LNG) imports into Japan, the world’s largest buyer of the chilled fuel, increased 4.8 percent in February, according to the provisional data released by Japan’s Ministry of Finance. Japan imported 7.79 million mt of LNG in February, as compared to…