New-Design Containment System To Be Deployed on LNG Carrier for China
The LNG A-Box containment system is designed for LNG carriers to serve smaller terminals, where larger ships are not feasible.
US Crude Exports to China May Depend on Arbitrage
US crude exports to China have decreased from peak levels in May and June, but Vortexa said there may be unique opportunities looking forward.
Map of China Oil Infrastructure Tracks More Than 700 Facilities
Designed to be a “living” map, it focuses on the largest fixed infrastructure for crude oil and refined products such as trunk pipelines, refineries, and storage facilities.
China’s GCL Subsidiary Plans LNG JV With Shell in Jiangsu
The planned JV is for one of three LNG terminals GCL is planning to build in China.
Coronavirus Set To Slash Chinese LNG Demand but US LNG Tariff Lift Could Save the Day
The unseasonably warm weather in the northern hemisphere and the rise of the global supply levels has resulted in record-low LNG prices. Adding to that, the coronavirus epidemic in China has reduced business and industrial activity, with January’s LNG imports dropping by about 10% year on year.
Yinson Loses $1-Billion FPSO Charter for Vietnam Project
Amidst a conflict between Vietnam and China over the South China Sea, the Malaysian company’s 10-year deal to supply an FPSO for the Ca Rong Do offshore field is now history. Repsol, the operator of Ca Rong Do, suspended the project last year in the wake of government pressure.
Shenzhen Gas Set to Open New LNG Terminal
The launch will make Shenzhen Gas the second Chinese city gas distributor backed by a local government to own an LNG import facility, following Shenergy Group’s Shanghai import terminal. Eni is set to deliver an initial cargo to the facility.
ADNOC and CNOOC To Collaborate in Upstream, Downstream, and LNG
ADNOC and CNOOC will explore multiple new opportunities for collaboration across the upstream and downstream sectors in the UAE and China.
Tariffs Pack a Bigger Punch Than Tax Incentives
Louisiana state granted a tax incentive to LNG Ltd. for its Magnolia project in Lake Charles. Although a beneficial development, it’s a drop in the bucket in the company’s progress toward FID.
Trade War Leaves LNG Projects Vulnerable
The escalation of the trade war between the US and China could jeopardize several LNG megaprojects that are awaiting final approval.
ExxonMobil Signs 20-Year LNG Agreement With Zhejiang Energy
ExxonMobil signed a sales and purchase agreement with Zhejiang Provincial Energy Group for LNG supply. Zhejiang Energy is expected to receive 1 mtpa over 20 years.
Will LNG Drive Asia’s Sustainable Future?
Coal remains the biggest challenge to LNG in Asia.
China Seeks LNG Imports Using Intermodal Containers
China Energy Reserve and Chemicals Group is exploring the possibility of importing LNG from the US via ISO containers loaded from the West Coast.
China, AGDC Reaffirm Commitment to Alaska LNG Project
Despite the uncertainty spawned by China’s recent decision to levy tariffs on US LNG imports, AGDC said it is still targeting a sale and purchase agreement with Chinese companies by the end of this year.
What Does China’s LNG Import Tax Mean for the US?
Industry analysts fear bad news for producers, as Chinese demand is expected to be a significant driver in new LNG production. China accounted for 15% of US LNG exports in 2017.
Private Equity Backs First Sub-Saharan Africa Regas Terminal
The construction of an LNG regasification terminal in Tema, Ghana, in addition to the first delivery of gas from the offshore Sankofa field in August, is decreasing the country’s reliance on liquid fuels and imports. About 80% of its power generation requirements will be met with gas.
Alaska LNG Project Seeks Investors
The Alaska Gasline Development Corp., a state-owned corporation, is preparing an equity offering for this summer for its $43-billion LNG project. BP agreed to sell natural gas from Prudhoe Bay for export to Asia-Pacific.
The Trump Steel Tariff: How Will It Affect Industry Operations?
How will a US steel tariff affect the oil and gas supply chain? Industry criticism points to a noticeable effect on construction expenditure and jobs, but where will the pain be most felt?
Fugro Awarded Contract in China for Gas Hydrate Research
Fugro will begin its fifth gas hydrate research project in in the South China Sea.
Sinopec Tests Separation Technology at FuLing Shale Site
OriginClear agreed to a sales licensing deal for use of its Electro Water Separation technology at a Sinopec-operated shale gas site.
China Shipyard Launches Liftboat, Contracts for Dive Support Vessel
Mekers Offshore, a Zhejiang-based company, launched its first in a series of liftboats at Shanghai Bestway Dajin Heavy Industries yard in Jiangsu, China.
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29 September 2020
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