June 11 (Reuters) - Global liquefied natural gas (LNG) trade grew by 10 percent last year due primarily to growing liquefaction capacity in the Australia and the United States, the U.S. Energy Information Administration (EIA) said on Monday. LNG trade reached 38.2 billion cubic feet per day (bcfd) in 2017, up 3.5 bcfd from 2016 and the largest annual volume increase on … [Read more...]
Shell’s Massive Prelude FLNG Goes ‘Live’ Off Western Australia
Royal Dutch Shell's massive Prelude floating liquefied natural gas platform has gone 'live' off the coast of Australia after taking on board its first gas. The LNG was imported by the LNG carrier Gallina, arriving from Singapore, marking what was also Prelude's first ship-to-ship (STS) transfer. The loaded LNG will give Shell the opportunity to test Prelude's LNG export … [Read more...]
Nigeria Needs $12 Billion to Avoid Missing the LNG Boat
By Paul Wallace, Paul Burkhardt and Elisha Bala-Gbogbo (Bloomberg) -- On a tropical island just off the coast of Nigeria, hundreds of engineers work around the clock to produce liquefied natural gas at a plant the size of Lower Manhattan. Operator Nigeria LNG Ltd. says it will decide later this year whether to invest more than $10 billion to boost capacity by 40 … [Read more...]
U.S. Shale Gas Heading to Israel for First Time
By Ryan Collins and Kevin Varley (Bloomberg) -- Israel is about to receive a cargo of U.S. liquefied natural gas, the first to arrive in the Middle Eastern nation from America’s shores since exports began in 2016. The vessel British Diamond, beneficially owned by BP Plc, is set to arrive at Israel’s Hadera import terminal on May 27 after departing Cheniere Energy Inc.’s … [Read more...]
Pavilion Energy Imports First LNG Cargo for Use in Singapore
by Dan Murtaugh and Klaus Wille (Bloomberg) Singapore’s state-owned natural gas importer brought in its first cargo of a super-chilled form of the fuel for domestic use. Pavilion Energy Pte, owned by Singapore’s Temasek Holdings Pte, unloaded the liquefied natural gas cargo from the tanker Al Oraiq on Saturday. The vessel carried the fuel from Qatar, the world’s largest LNG … [Read more...]