Power disaster declared as South Africa seeks new way forward
A greenfield LNG project requires “absolute harmonisation of business objectives and risk allocation and for the state-owned enterprises to be singing from the same hymn sheet”.
FSRU
Excelerate FSRU delivers first LNG to Finland
Excelerate Energy has delivered an FSRU to Finland, loaded with a commissioning cargo.
First Gen to finish Philippines LNG import project early 2023
First Gen has reported that its delayed liquified natural gas (LNG) import project in the Philippines will finish construction by the end of Q1 2023.
First Gen Philippines LNG import terminal delayed, asks BW to delay FSRU delivery
First Gen’s Interim Offshore LNG Terminal project in the Philippines has been delayed and the company has asked BW Gas to delay the delivery of the floating storage and regasification unit (FSRU) BW Paris from Q1 2023 to end of Q2 or early Q3 2023.
Excelerate commits FSRU to Finland for Baltic supplies
Excelerate Energy has signed a 10-year contract to provide an FSRU to a Finnish company, with the aim of providing LNG to the wider Baltic Sea region.
Europe’s new LNG risk in pivot away from Russia
Europe has woken up to LNG demand as a means to provide energy security, even while such a move appears out of step with countries’ net zero commitments.
Predator talks up energy security while seeking Morocco partners
Predator Oil & Gas has touted its potential impact on European energy security, as it advances LNG plans and moves into hydrogen.
IEEFA raises New Fortress Energy worries
The Institute for Energy Economics and Financial Analysis (IEEFA) has raised a warning over New Fortress Energy’s (NFE) plans.
ADNOC to supply FSU for AG&P’s Philippines LNG import terminal
Abu Dhabi National Oil Company (ADNOC) Logistics and Services will supply a floating storage unit (FSU) for Atlantic Gulf & Pacific Company’s (AG&P’s) Philippines LNG Import Terminal (PHLNG) due to start operations later this year.
Singapore’s Keppel O&M bags $186 million worth of contracts
Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard), has been awarded contracts worth around S$250 million ($186 million) for the conversion of a Floating Storage and Regasification Unit (FSRU), integration of a Floating Production Storage and Offloading (FPSO) vessel, and the enlargement of two Trailing Suction Hopper Dredgers (TSHD).
Morocco issues tender for LNG investigation at Mohammedia
The Agence Nationale des Ports (ANP) has issued a tender for a study into a potential floating storage and regasification unit (FSRU) in Morocco.
Hoegh wins deal to supply FSRU for Australian LNG import terminal, eyes green hydrogen
Norway’s Hoegh LNG will supply the first floating storage and regasification unit (FSRU) to operate at the Port Kembla Energy Terminal being developed by Australian Industrial Energy (AIE) in Australia under a long-term charter deal.
Singapore’s Keppel wins $146 million worth of contracts
Keppel Offshore & Marine has been awarded work for the conversion of a floating storage and regasification unit (FSRU) and the integration of a floating production storage and offloading vessel (FPSO).
US firm wins Sri Lanka LNG deal
New Fortress Energy has finalised a contract with the government of Sri Lanka that gives it the rights to develop a new liquefied natural gas (LNG) import terminal off the coast of Colombo that is expected to start up in 2023.
Svitzer to help First Gen Philippines LNG project
Marine operator Svitzer will provide towage and other vessel support services for First Gen’s Interim Offshore Liquefied Natural Gas (LNG) Terminal in the Philippines for a ten-year term.
Thailand eyes new FSRU scheme for LNG imports
State-run Electricity Generating Authority of Thailand (Egat) and national energy conglomerate PTT are jointly studying a development proposal for a 5 million tonne per year floating storage regasification unit (FSRU) to import liquefied natural gas (LNG).
Philippines approves another LNG-to-power scheme
The Philippines has approved yet another proposed liquefied natural gas (LNG) to power scheme as the country faces a looming gas supply crunch. The latest award, to Vires Energy, underscores the department of energy’s (DOE’s) lack of strategy for LNG imports in the power-hungry Southeast Asia nation.
India gets first FSRU as LNG import capacity balloons
India’s first floating storage and regasification unit (FSRU) the Höegh Giant docked at H-Energy’s Jaigarh liquefied natural gas (LNG) import terminal in Maharashtra earlier this month and is targeting to start operations in the first week of May - when the first LNG cargo arrives.
East Timor puts a number on potential LNG import volumes
East Timor, which is considering converting its oil-fired power plants to gas in an effort to slash energy supply costs, estimates it will need about 0.37 million tonnes per year (t/y) of imported liquefied natural gas (LNG).
BW wins FSRU deal for Philippines’ maiden LNG imports
First Gen has awarded a five-year deal that will see Norway’s BW Gas Limited supply a floating storage regasification unit (FSRU) to support its Interim Offshore LNG Terminal project in the Philippines.
First Gen close to awarding FSRU deal in Philippines
First Gen will award a deal for the charter of a floating storage regasification unit (FSRU) to support its Interim Offshore LNG Terminal project in the Philippines by the end of March.
Leif Höegh, Morgan Stanley team up to buy Höegh LNG
Leif Höegh & Co. (LHC) in a joint venture with Morgan Stanley Infrastructure Partners have made a 23.5 krone ($2.73) per share offer for Höegh LNG Holdings.
Sri Lanka seeks FSRU as part of LNG import plan
The Ceylon Electricity Board (CEB) has launched an international tender process for a floating storage regasification unit (FSRU) as Sri Lanka aims to start importing liquefied natural gas (LNG).
Qatar and Vitol nail down Bangladesh LNG deal
Qatar Petroleum will supply 1.25 million tonnes per year (t/y) of liquefied natural gas (LNG) to Bangladesh after signing a deal with global trader Vitol.
Lining up corporates to power Africa
African states trying to secure domestic energy infrastructure have tended to struggle with creditworthiness, which makes project financing more difficult.