Top news of the week January 2-7

Top news of the week January 2-7
Oak Spirit loading at Sabine Pass LNG terminal on December 6 (Image courtesy of Jera)

Report: Asia becoming largest importer of U.S. LNG

Cheniere’s Sabine Pass LNG terminal in Louisiana shipped nine liquefied natural gas cargoes to Asian countries during December.

Chevron resumes production at Gorgon LNG Train 1

US-based energy giant Chevron resumed production at the first liquefaction train of its US$54 billion Gorgon LNG project on Barrow Island in Western Australia.

Angola LNG back online

Chevron-led 5.2 million tons per year Angola LNG plant in Soyo has restarted production following the latest shutdown during late December.

Morocco: ONEE selects advisers for LNG-to-power project

Morocco’s power utility ONEE informed it has selected advisers for the development of the country’s LNG-to-power project.

AGDC takes over Alaska LNG project leadership

The Alaska Gasline Development Corporation (AGDC) concluded agreements with ExxonMobil, BP and ConocoPhillips to take over the leadership position in the Alaska LNG project.

 

LNG World News Staff

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CWC Iran LNG & Gas Partnerships Summit

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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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