Royal Vopak announced that it acquired a 49% shareholding in Sociedad Portuaria el Cayao (SPEC) in Cartagena, Colombia. SPEC is the only LNG import facility in Colombia and has been operating for three years, since 2016. The LNG import facility includes an LNG jetty, onshore infrastructure and a 9.2 km gas pipeline which links SPEC to the national gas grid.
MOL and Karadeniz Holding A.S. (Karadeniz) announced that MOL and Karpower International B.V. (Karpowership), a subsidiary of Karadeniz, have agreed to jointly conduct the first LNG-to-Powership project under the co-brand Karmol in Mozambique.
A consortium comprising of China Petroleum Pipeline Engineering Co Ltd, Aktor S.A. and Metron S.A., Hudong-Zhonghua Shipbuilding Co. Ltd and Wilhelmsen Ship Management Limited, was announced as the preferred bidder for a contract, which sees the construction of an LNG terminal, near Vassiliko Port in Cyprus.
The European Commission greenlights Croatian plans to support the construction and operation of a LNG terminal at Krk island, as they are in compliance with the EU state aid rules. The project will participate in the security and diversification of energy supplies.
Total inked an agreement for the development of an LNG import floating terminal in Benin; the FSRUs are a better investment for an oil and gas company, in comparison to LNG carriers, as Drewry previously stated. Therefore, in order to take advantage of a FSRU’s benefits, one has to get an insight on how it works.
French oil major Total, the Republic of Benin and the Société Béninoise d’Energie Electrique (SBEE) have signed the Gas Supply Agreement and the Host Government Agreement for the development of an LNG import floating terminal in Benin.
Australian Industrial Energy announced it has granted the contract for construction of its Port Kembla Gas Terminal’s wharf and pipeline to the SCSB joint venture. The construction of the new wharf facilities and pipeline could see subcontracts worth about $76 million awarded to businesses in the Illawarra.
Australian Industrial Energy (AIE) has reached a preliminary agreement with EnergyAustralia to supply 15PJs of natural gas per annum from its Port Kembla gas terminal (PKGT). Beginning on 1 January 2021, the five-year contract will provide gas for EnergyAustralia as well as for electricity.
Bangladesh has employed its second LNG terminal with the beginning of operations of FSRU ‘Summit LNG’ offshore Moheshkhali Island in the Bay of Bengal. As reported by Excelerate Energy the FSRU completed the commissioning on April 29, 2019.
DNV GL and Keppel Marine and Deepwater Technology, a subsidiary of Keppel Offshore & Marine, signed a framework agreement to advance the uptake of LNG as ship fuel. The agreement regards future newbuilding projects including LNG bunker vessels, small-scale LNG carriers and floating storage regasification units, as well as LNG related assets employing battery and hybrid technologies.
