Top News of The Week Feb 24-March 1, 2014

Top News of The Week Feb 24 - March 1, 2014

Singapore: PM Officially Opens LNG Terminal

Prime Minister Lee Hsien Loong officially opened Singapore’s first Liquefied Natural Gas (LNG) Terminal, at a ceremony held at the Terminal on Jurong Island. Some 400 guests attended the event, marking a new chapter in Singapore’s energy security and the future development of Singapore’s energy sector.

Excelerate Files with FERC for U.S. FLNG Export Terminal

Excelerate Energy has filed its formal application with the Federal Energy Regulatory Commission (FERC) requesting authorization to construct, own, and operate the first floating liquefied natural gas (FLNG) export facility in the United States.

Jensen Maritime to Design LNG Bunker Barges, USA

Jensen Maritime, Crowley Maritime Corp.’s Seattle-based naval architecture and marine engineering company, has been awarded a contract to design some of the first liquefied natural gas bunker barges in the U.S. for customer LNG America LLC, a Houston-based LNG fuel supply and distribution company.

US DOE Grants FTA LNG Export Permit to Delfin

The U.S. Department of Energy (DOE) has approved Delfin LNG’s application to export, on its own behalf and as agent for third parties, 657.5 Bcf/year of LNG over a 20-year period to nations with a Free Trade Agreement (FTA) with the United States.

Picture of The Day: First QCLNG Tank Hydro-Test by BG

BG Group, the developer of a two-train 8.5 mtpa LNG export plant on Curtis Island in Australia, posted a picture of the inside of the first Queensland Curtis LNG tank.

LNG World News Staff, March 2, 2014; Image: SLNG

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Floating LNG

Despite challenging market conditions, global capital expenditure (Capex) on FLNG facilities is forecast to increase significantly over the 2016-2022 period. The protracted oil price downturn has impacted the sanctioning of capital intensive liquefaction units over the last 24 months. However, the need to move towards cleaner sources of energy and diversify gas supply has stimulated the floating regasification market – over 14 countries are expected to commission their first floating import unit over the forecast period. Against this backdrop, SMi’s 5th annual Floating LNG conference will provide attendees with strategic insight on the latest developments within the FLNG market to optimise activities and ensure project sustainability and success. The two-day programme will also equip you with the tools to overcome the logistical, financial, technological and economic challenges associated with FLNG deployment and ensure succinct transition from design to operation.

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Fundamentals of LNG

Operational and commercial essentials of the Liquefied Natural Gas (LNG) sector – training course by tutored distance learning…

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LNG Pricing, Trading & Risk Management: 2-Day Course

This is a highly practical course in which participants will receive and use the LNG Analysis Toolkit (TM), a suite of Excel templates and algorithms, to apply the concepts and techniques they will learn in the following areas:

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CWC’s World LNG Summit & Awards Evening

Now in its 17th year, the CWC World LNG Summit & Awards Evening is recognised as the premier end of year gathering for the global LNG industry…

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