LNG News Flash on 11 11 2019

LNG News Flash on 11 11 2019

Good morning and welcome to the LNG Marketplace
Weekly News Flash. Here is the latest news we have selected for
you from all over the media. MSC Cruises has signed an MOU that will see
an LNG-operated fuel cell used for the first time! At the steel cutting ceremony of MSC Europa,
MSC Cruises and Chantiers de l’Atlantique unveiled the R&D project named Pacboat that
focuses on integrating a new fuel cell technology demonstrator on board the LNG-powered MSC
Cruises ship. This demonstrator will produce electricity
and heat using LNG. More about this project you can read on Riviera
Maritime. Another piece of news from the same website
is also about new technology solutions. The naval architectural and marine engineering
firm Vard Marine has completed the concept design for a new oceangoing LNG bunker barge
being built by Fincantieri Bay Shipbuilding. Part of an articulated tug barge unit, the
ocean barge will use a coupler system to connect to a suitable tug and will be operated by
NorthStar Midstream’s marine transportation company Polaris New Energy for refuelling
LNG-powered vessels. The delivery of the bunker barge from the
shipyard is planned for November 2021. According to Reuters, Angola has formed a
consortium with five international oil companies including Eni and Chevron to develop liquefied
natural gas for its Soyo plant, the newly formed national oil, gas and biofuels agency. The consortium’s project is aimed to start
the production by 2022. German energy giant RWE has delivered its
first cargo of LNG to Britain! The cargo was loaded from Sabine Pass Liquefaction
Terminal in the Gulf of Mexico and transported to Britain on the Gaslog Savannah LNG carrier. LNG will be regasified through a Milford Haven
LNG Terminal. This piece of news we found on Eneryt Life
News. According to Kallanish Energy, China’s Suntien
Green Energy Company Ltd., a wind power producer and piped natural gas distributor, plans to
build an LNG receiving terminal in north China by 2023. The company, backed by the Hebei provincial
government, joins a handful of Chinese companies outside the dominant state energy giants,
looking to own and operate a receiving facility for LNG, of which China is the world’s second-largest
buyer. With LNG as fuel set to grow after 2020, southeast
Asia’s first LNG bunker vessels will enter service over the next two years. As the clock winds down towards the 1 January
2020 implementation of IMO’s sulphur cap, Singapore and Malaysia are jockeying to be
southeast Asia’s regional LNG bunkering hub. Both countries are anticipating a major uptake
in LNG as a marine fuel as more ship operators shift towards alternative fuels to comply
with the stricter emissions regulations. More about it you can read on Riviera Maritime. China and France signed deals worth $15 billion,
which include plans for an LNG terminal and storage. According to reports, Engie and Beijing Gas
Group signed a memorandum of understanding for collaboration on a LNG terminal and storage
in the northern city of Tianjin. Engie is also said to be looking into supplying
Chinese firms with membrane technology used for gas leak prevention. Another deal involves Total setting up a joint
venture with China’s Shenergy Group to distribute LNG by truck in the Yangtze River Delta. This piece of news we found on Kallanish Energy. According to Reuters, Argentina’s YPF SA
has loaded its first commercial LNG cargo for export from a new floating LNG unit located
off Bahia Blanca. This follows the news in June earlier this
year, when the company successfully exported its first test LNG cargo. The cargo loaded from the facility in October
on the Excalibur LNG tanker, and is now moored off Bahia Blanca. The details of the buyer are not currently
available. This news we found on LNG Industry. And last but not least – an interesting
article we found on Hellenic Shipping News called: “Rebooting what’s possible in
India’s gas and LNG market”. Enjoy reading! That’s it for this week. Tune in next week for more news and until
then – thanks for tuning in.

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About the Author: Oren Garnes

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