As Sri Lanka Ports Authority Chairman Dr. Parakrama Dissanayake said, a Memorandum of Understanding between Sri Lanka, Japan and India on a LNG terminal and Floating Storage Regasification Unit will be signed next week and the feasibility study will begin soon.
GIE’s Small-Scale database reports that Small scale LNG infrastructure depends heavily on how close large scale LNG import terminals are. At the end of 2017, 75% of operational small-scale LNG infrastructures were in countries that have large scale regasification terminals, mainly in Western Europe.
Anadarko Petroleum Corporation today announced that Mozambique LNG, the jointly owned sales entity of the Mozambique Area 1 co-venturers, has entered into an LNG Sale and Purchase Agreement with Électricité de France, for the supply of 1.2 million tonnes per year for 15 years.
After a powerful 7.5 magnitude earthquake hit Papua New Guinea’s Southern Highlands province, ExxonMobil and Oil Search announced that they have temporarily shut their operations in the country. The earthquake hit the Southern Highlands about 560 km northwest of the capital, Port Moresby.
Marubeni Corporation, JERA Co., and Squadron Energy, a subsidiary of Australia’s Minderoo Group, signed a Memorandum of Understanding regarding a joint feasibility study for the establishment of an LNG import terminal and gas supply project in New South Wales, Australia.
Hellenic Republic Asset Development Fund received two binding offers for the acquisition of 66% of the Hellenic Gas Transmission System Operator S.A.’s share capital. HRADF currently owns 31% of the Hellenic Gas Transmission System Operator, while HELPE owns 35%.
On February 8, 2018, the US Department of Transportation’s Pipeline and Hazardous Materials Safety Administration issued a Corrective Action Order to Sabine Pass Liquefaction, LLC, an LNG export facility in Cameron Parish, Louisiana. On January 22, 2018, workers discovered a release of LNG from Tank S-103.
As of now, India has four terminals receiving LNG and imports 20 million tonnes of the fuel a year. However, during the course of the next seven years, India plans to build eleven more terminals. If that happens, India will increase its capacity to 70 million tonnes per year.
Tokyo Gas Engineering Solutions, along with Sumitomo Chemical, Sumitomo Electric Power Co, Sumitomo Joint Electric Power, and Shikoku gas, will build an LNG terminal at Sumitomo Chemical’s plant in Ehime prefecture in Japan. In the future, a new joint venture company will be create called Niihama LNG and the construction of the LNG plant will begin.
Total Marine Fuels Global Solutions and Mitsui O.S.K. Lines signed a long-term charter contract for a large LNG bunker vessel of 18,600 m³, to be delivered in 2020. The ship will operate in Northern Europe and will be the first ever capable of supplying large quantities of LNG in one single bunkering operation.
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