Feb 4, 2010

First LNG Distribution Terminal in the Dominican Republic

AES Dominicana has inaugurated a LNG distribution terminal east of Santo Domingo, the first facility of its type in the Dominican Republic and Latin America. The LNG terminal will yield annual savings of more than $1 Bn, AES Dominicana officials said.

The terminal will allow the Dominican Republic to “significantly” reduce its high dependence on petroleum, AES Dominicana chief Marco De la Rosa said.

The LNG terminal, among other benefits, will allow the Dominican Republic to replace 35 percent of its fuel mix, create around 300 new direct and indirect jobs, and reduce emissions of CO2, the gas believed to contribute to global warming, by more than 300 tons annually.

The use of LNG “will help achieve total savings on the order of $1.1 billion annually, representing a sum relative to 2.5 percent of the gross domestic product,” the AES Dominicana chief said.

Feb 3, 2010

US Coast Guard clears Yemen LNG shipments

LNG shipments from Yemen have been cleared by the US Coast Guard for entry into the Distrigas terminal in Everett outside Boston, in the face of local opposition.

BW Gas and Höegh LNG ships chartered by Distrigas owner GDF Suez would begin calling from Yemen from the end of February. Distrigas has signed a 20-year contract with a Yemeni supplier and expects to bring in up to 30 shipments a year to its Everett facility. The imminent delivery would be only the second from Yemen to the United States. A tanker carrying Yemeni LNG arrived earlier this week in less-populous Sabine, Texas, according to John Healey, Coast Guard captain of the port of Boston, who said the Coast Guard spent a year reviewing security plans for the Yemeni shipments.

Feb 2, 2010

LNG Project in in central Queensland, Australia

 Australia Pacific LNG is one step closer to making the liquefied natural gas industry in central Queensland a reality, with the lodgement of its draft environmental impact statement (EIS) with the State Government.

The EIS covers the project's gas fields, a 450 km gas transmission pipeline and an LNG plant on Curtis Island in Gladstone.

Joint venture partner Origin Energy says it is a significant milestone for the project.

Origin's executive general manager, Paul Zealand, says the final investment decision for the project is expected by December this year, with the first gas to be exported in late 2014.

LNG offloading terminals in Orlovka bay, Gazprom

 Shtokman LNG offloading terminals will be located in Orlovka Bay as it was decided at Gazprom meeting. Alexey Miller, Chairman of the Gazprom Management Committee held a meeting on the Shtokman gas and condensate field development.

The meeting was attended by heads and experts from the Gazprom Administration subdivisions, subsidiaries, corporate research and design institutes and Shtokman Development AG, reads the press release of Gazprom.

The meeting discussed Shtokman project progress focusing on technology optimization within first phase of the Shtokman development. The idea is to raise the economic efficiency and to assure navigation safety of heavy-duty LNG carriers.

Based on the meeting results the decision was taken to position LNG offloading terminals in the northern part of the Orlovka Bay (Murmansk region, eastwards from Teriberka). The project operator will rely on this decision when planning its further activities.

Feb 1, 2010

Total may invest in new LNG project

Total could invest in a liquefied natural gas (LNG) plant project led by EDF in Dunkirk to offset possible job losses if the refiner decides next week to close a refinery in the same town, an industry source said.

Oil giant Total is considering permanently shutting its 137,000 barrels-per-day Dunkirk refinery in northern France, or a 13 percent share of the group's French output capacity, which could result in some 600 job losses, a source close to the situation said earlier this month.

Total is expected to make the announcement on the possible closure after an extraordinary meeting with unions on Feb. 1.

The French government has pressured Total to find an alternative industrial project to compensate for the possible job losses, three months before key regional elections.

EDF, which is planning to make a final investment decision on the Dunkirk LNG plant in the next six months, said at the end of 2009 that it was looking for financial partners for half of the 700-million euro investment.

The plant is expected to start running in 2014 and produce some 13 BCM of gas.