LNG Unlimited LNG JOURNAL PUBLICATION 9 February 2021

Global majors push ahead on LNG UNLIMITED despite challenges of new demands AGENDA ExxonMobil, Royal Dutch Shell and BP had plenty of UPSTREAM often non-cash write-offs for year and fourth quarter Gas fields in Oman that put LNG back LNG News Editor on track are subject of $2.6Bln sale The leading oil and gas companies and major participants in the 2 global liquefied busi- ness reported adverse fourth- SHIPPING quarter results, weighed down by the impacts of the challenges of the year 2020. ExxonMobil, Royal Dutch Shell and BP all posted earnings reports ExxonMobil, CEO Woods already has more than 20 new with write-offs under various carbon-capture and sequestration projects advancing names, taking them into negative territory. Cash flow from operations was plans for more than 20 new car- Hiranandani of India and Höegh confirm $17.3Bln in 2020 and amounted to bon capture and sequestration FLNG deal for Explained $4.8Bln for the fourth quarter. (CCS) opportunities around the in Maharashtra ExxonMobil Corp. posted a fourth- ExxonMobil's main LNG partner world to enable large-scale emis- quarter loss of $20.1 billion be- is Petroleum with their Ras sion reductions. 3 cause of write-offs for American Laffan joint venture Trains, while UK major BP for its part re- EXPORTS gas assets compared with a both are involved in developing ported a full-year loss of $20.3Bln, $5.7Bln profit in the same three the Golden Pass LNG export pro- including significant impairments Chevron outlines months of 2019 as the CEO said ject on the Sabine-Neches Water- and exploration write-offs taken Australian plans that income was boosted by LNG way in Jefferson County in Texas. in the second quarter, compared and discloses its and liquids as well as Permian In a conference call hosted by with a profit of $4.0Bln 2019. Permian future Basin shale activities. Darren W. Woods, Chairman and BP’s 2021 outlook expects the 5 “Improvements in upstream, Chief Executive, an overview of US natural gas market to tighten as natural gas, and LNG prices, as the current business was given, supply declines and demand for PROJECTS well as increased liquids produc- along with highlights. LNG exports recovers. “The current Chiyoda and LNG tion in Guyana, also benefited “Despite challenging additions tightness on global LNG markets exporter Brunei earnings,” said the US major. and a rapid change in activity, our and higher US gas prices will lift succeed with first “As a result of the growing progress in the Permian exceeded other regional gas prices,” said BP. hydrogen cargo tests strength of our portfolio, we re- our plan and expectations,” he Royal Dutch Shell earnings 6 moved less strategic assets from explained. were sunk by impairment charges LIQUEFACTION our development plans, including Average realizations for crude as it posted a $21.68Bln annual certain dry gas resources,” said oil were in line with the third quar- lost compared with a profit of Edge LNG sets up the company. ter. Natural gas realizations, includ- $15.84Bln in 2019, while LNG sales in Midland in Texas These “less strategic assets” ing LNG, rose by 39 percent in the dropped 16 percent in the quarter to offer Permian comprising certain dry gas re- quarter, reflecting market supply and cash flow from LNG and gas Basin liquefaction sources in the United States, disruptions and seasonal demand. sales plunged by 44 percent. 7 Western Canada and Argentina On tackling climate change, Shell added that its adjusted STORAGE were removed from the company's ExxonMobil announced the cre- earnings resulted in a profit of Upstream development plan. ation of a new business, ExxonMo- $4.84Bln compared with $16.46Bln French to construct “This resulted in a non-cash bil Low Carbon Solutions, to of profits in 2019, while fourth- new LNG storage after-tax impairment charge commercialize its extensive low- quarter adjusted earnings were tank for supplies of about $19 billion,” added carbon technology portfolio. $393M. serving London ExxonMobil. The organization will advance n 9 2 l NEWS LNG Unlimited 9 February 2021 Gas fields in Oman that put LNG exports back on track are subject of $2.6Bln stake sale by BP LNG News Editor both technical and operational, is increasing Oman’s LNG output to UK major BP has sold a 20 percent 11.5 MTPA or more. stake for $2.6 �billion to Thai- BP Chief Executive Bernard land’s national energy company in Looney said he was pleased to key tight natural gas fields on- welcome Thailand's PTTEP to the shore the Sultanate of Oman that �successful Block 61 partnership. enabled the Arabian Peninsula na- “Block 61 is a pioneering devel- tion to stabilize then boost LNG opment that has applied �leading exports over the past three years. techniques and technologies to Under the deal with Thailand’s maximise efficiency and minimise PTT Exploration and Production Pub- emissions,” added Looney. Sultanate of Oman in Arabian Peninsula still rich in reserves lic Company (PTTEP), BP will remain �“We are committed to BP’s operator of Block 61, with a 40 cubic feet of gas �resources, have come a major LNG bunkering nation business in Oman and this agree- percent interest as it continues its a combined daily production ca- from its port at Sohar in coopera- ment allows us to remain at the selective divestment programme. pacity of 1.5 billion cubic feet of tion with French major Total. �heart of this world-class develop- gas and more �than 65,000 barrels The main Omani LNG export fa- ment while also making important Large area of condensate,” explained BP. cilities are at the port of Sur and progress in our global �divestment Block 61, covering around 3,950 “Gas from Block 61 is exported send cargoes to nations such as programme,”� stated the CEO. square kilometres in central Oman, for domestic consumption �into Japan, South Korea and into the The other shareholders in Block contains the largest tight-gas �de- Oman’s national gas grid, while spot market. 61 are Oman Oil with 30 percent velopment in the Middle East. also boosting availability of feed- The plant comprises the three and Malaysia’s Petronas with 10 The block has already had two stock supply for Oman �LNG,” said amalgamated liquefaction Trains percent. phases of development, the the London-based major. of Oman LNG and Qalhat LNG, BP said it was targeting divest- �Khazzan field, which began pro- BP Trading and Shipping pur- now producing more than 10 mil- ment proceeds of $25Bln by 2025 duction in 2017, followed by the chases cargoes from Oman LNG lion tonnes per annum. and most recently completed the Ghazeer field in October 2020. under a seven-�year deal that A de-bottlenecking project, sale for $5 billion of the petro- “These two developments, tar- started in 2018. whereby better output can be chemicals business to INEOS. geted at a total of 10.5 trillion Oman is also planning to be- achieved by fixing inefficiencies, n Sharjah in UAE makes progress with natural gas and hosts talks with CEO of LNG player Eni The ruler of Sharjah, the third- jah's onshore Concession Area B. particularly considering the excep- expected to increase progressively largest emirate in the United Arab This was achieved in less than tional challenges incurred during with the connection of further Emirates, has met with Claudio two years from the signing of the the year due to the Covid-19 pan- wells planned to be drilled during Descalzi, Chief Executive of the oil contract and in less than a demic,” added the Eni CEO. 2021-2022. leading oil and gas exploration and year from the declaration of the The UAE is aiming to increase In addition to Sharjah, Eni is production and LNG project com- discovery. its natural gas resources by invest- also present in two other emirates, pany Eni, to take stock of progress Eni, a shareholder in projects ing more in exploration and pro- Abu Dhabi and Ras Al Khaimah, the after Eni's acquisition of the ex- such as the Damietta LNG plant in duction in the next few years. fourth-largest of the seven emi- ploration rights on three onshore Egypt set to soon come back on In the Sharjah gas field, Eni rates that make up the UAE. blocks. stream and in two Mozambique holds a 50 percent stake in the Abu Dhabi is the capital of the Sharjah's ruler, Dr. Sultan bin LNG projects, is also carrying out Concession Area B along with part- UAE and the second-most populous Muhammad Al Qasimi who is a exploration activities in areas A ner SNOC with the Sharjah firm city after Dubai. member of the Supreme Council of and C of the emirate, of which acting as operator. Eni acquired Abu Dhabi holds the most oil the UAE, and Descalzi discussed Area C is largely under-explored. Area B in a competitive bid round and gas resources of all the emi- gas as well as other future oppor- “The milestones we have in January 2019. rates and currently produces tunities relating to the energy achieved so far with an incredible Production from the Mahani around 5.8 million tonnes per transition. time-to-market is the result of the field is sent through a new multi- annum of LNG at the Das Island Eni and Sharjah National Oil support of Dr. Sultan III bin phase trunk line to SNOC’s Sajaa liquefaction plant off Abu Dhabi. Corp. (SNOC), the state company of Muhammad al-Qasimi and the har- Gas Plant where it is processed The UAE also imports diminish- the emirate, recently started pro- monious partnership between utilizing the existing facilities and ing quantities of LNG as its domes- duction from the Mahani gas and SNOC and Eni,” said Descalzi. infrastructure. tic gas position improves. condensate field, located in Shar- “These are great achievements, Eni said that field production is n 9 February 2021 LNG Unlimited NEWS l 3

Auction move Hiranandani of India and Höegh by Adriatic confirm FLNG Maharashtra deal facility for LNG News Editor

Italian gas The Hiranandani Group of India and Höegh LNG of Norway have con- Adriatic LNG, the offshore im- firmed they are on track to deploy port terminal owned by Qatar a floating import terminal in March Petroleum and ExxonMobil, has 2021 to supply launched a consultation for the to the West Coast Indian state of auctioning of a potential 153 Maharashtra and become to be- billion cubic metres of regasifi- come nation’s seventh terminal. cation capacity over the next Höegh LNG and Hiranandani The ‘Höegh Giant’ to be deployed at Jaigarh port 25 years. Group subsidiary H-Energy have ciency and reduce costs.,” ex- annum of LNG. “The FSRU will Interested parties have 45 just completed and signed all doc- plained Höegh. deliver regasified LNG to the 56- days to submit observations on umentation for the 10-year char- “The vessel is expected to be kilometres Jaigarh-Dabhol pipeline products and allocation rules. ter of the floating storage and off hire for approximately 40 days connecting to the Indian National Adriatic LNG has been oper- unit (FSRU), the in the first quarter of 2021 before Gas grid and will also deliver LNG ating since it was deployed in “Höegh Giant”. the start-up under the H-Energy onshore for LNG truck-loading 2009 on a gravity-based struc- contract in March 2021,” added facilities,” the companies ture off the coast of the Charter the Norwegian firm. explained. Veneto region. The agreement is for a period of The Indian company is aiming The FSRU will also deliver LNG The operating company said 10 years with annual termination to develop LNG regasification ter- for onshore distribution through the subjects of the two-fold options after year five. minals and cross-country pipelines LNG truck loading facilities, as well consultations are, on the one “The ‘FSRU ‘Höegh Giant’ is on the West and East coasts of as reloading LNG onto small-scale hand, the products to be allo- currently completing its LNGC India and is making a start with LNG vessels for downstream distri- cated and, on the other hand, charter with Spanish utility the FSRU at Jaigarh port. bution or LNG bunker services. the amendments to the Regasi- Naturgy, and will then proceed di- H-Energy’s first vessel, the Höegh President and Chief Ex- fication Code needed to carry rectly to Keppel Shipyard (Singa- “Höegh Giant”, was built in 2017 ecutive Sveinung J.S. Støhle said out the open season. pore) for minor modifications, in and has a storage capacity of he was delighted to have com- “With the public consulta- addition to pre-completion of the 170,000 cubic metres and peak re- pleted the agreements with H-En- tion we take a further step vessel’s five-year periodic class gasification capability of 750 mil- ergy for the first FSRU LNG import to create one of the most im- survey, originally scheduled for lion standard cubic feet per day to terminal in India. portant events for the entire 2022 as this will improve effi- handle up to 6 million tonnes per n energy market of the Mediter- ranean area,” said Sebastien Bumbolo, Adriatic LNG Law & Avenir LNG takes delivery of large Market manager. “The latest developments bunkering ship from Chinese yard in the regulatory framework implemented in Italy have Avenir LNG, a company owned by by London-based Norwegian ship- Avenir LNG fleet being successfully new rules on the allocation of Norwegian shipping and infrastruc- ping and storage company Stolt- launched by our partners CIMC LNG regasification capacity ture operators, said its newest Nielsen and its peer fleet owners SOE,” said Peter Mackey, Chief which have already been suc- 20,000 cubic metres capacity LNG and project companies, Hough Executive of Avenir LNG Limited. cessful in other European bunkering vessel has been launched LNG and Gular LNG. “We look forward to taking Countries,” added Sebastien in China and it would be delivered The company said that the delivery of the ‘Avenir Allegiance’ Bumbolo. later in 2021. “Avenir Allegiance” would be Cay- later this year,” he added. “Adriatic LNG is able to The “Avenir Allegiance” en- man Island-flagged and is the fourth Avenir CEO Mackey stated that offer to the market large vol- tered the water at the Zhoushan of six newbuilds delivered to Avenir. as the largest LNG bunkering ves- umes through long-term alloca- Changlong Sino pacific Shipyard Avenir’s first newbuild delivery, sel in the world, the “Avenir Alle- tions,” he stated. Co. in China’s eastern Zhejiang the “Avenir Advantage”, took giance” was a clear demonstration The joint venture operating province. place in October 2020 and will be of Avenir’s commitment to devel- company is controlled by “The vessel is scheduled to be followed by the “Avenir Acco- oping new LNG supply chains. ExxonMobil Italiana Gas and delivered from the yard in the lade”, the “Avenir Aspiration”, the “She will play a critical role in Qatar Terminal Ltd and a third third quarter of this year and she “Avenir Allegiance”, the “Avenir helping the shipping industry to shareholder is the Italian natu- will join the Avenir LNG fleet as Ascension” and the “Avenir transition to LNG as a more envi- ral gas grid operator, SNAM, the world’s largest LNG bunkering Achievement” during 2021. ronmentally sustainable fuel,” with a 7.3 percent stake. vessel,” said Avenir. “We are delighted to see the stated Mackey. n Avenir is a joint venture owned latest, and largest, vessel in the n CLNH21 A4 ADVERT NEW.indd 1 29/01/2021 13:22 9 February 2021 LNG Unlimited NEWS l 5 NEWS Chevron outlines Australia LNG plans NUDGES and discloses impact on Permian of Storage for LNG future US oil and gas restrictions LA Storage, a subsidiary of Sem- LNG News Editor pra Energy and its Cameron LNG export plant near Hackberry in Chevron Corp., one of the leading Louisiana, has filed with the US global liquefied natural gas opera- Federal Energy Regulatory Com- tors, will have continued lower mission for permission to build output at the Gorgon and Wheat- new salt-dome storage facilities stone LNG plants in early 2021 and capable of providing about 20 explained plans for the Permian billion cubic feet of working gas Basin in Texas in the light of the capacity to meet the needs of new US regime for curtailment of Cameron and other Gulf Coast the oil and gas industry by means energy plants. The application of executive orders. for the Hackberry Storage Pro- Chevron made its comments Chevron is a big jobs provider in Texas operations ject requests a certificate of through Chief Financial Officer convenience and necessity from Pierre Breber and Chief Executive propane exchangers and a planned weighted toward Texas more so FERC no later than the end of Mike Wirth in a conference call with turnaround here in the second quar- than New ,” he said. 2021, with plans to begin the analysts after the San Ramon, Cali- ter of this year,” added the CEO. “We're weighted toward pri- storage service by around the fornia-based major issued its fourth- “So we will be lighter on Aus- vate land more so than Federal first-quarter of 2024. quarter earnings with a net loss for tralia production, but a big part of land. So we've got a fair degree of the three months of $665M and full- that is planned turnaround activity flexibility there, and that remains Charter rates year 2020 losses of $5.5Bln. and then there's an increment re- a highly attractive place for us to tumble lated to these repairs,” said Wirth. step capital up as we have the ca- Shipping charter rates for LNG Out of service “We've been able to satisfy all pacity to do so and the market carriers in the spot market have “Gorgon Train 1 repairs are near- of our term needs, and we're in the conditions support it,” said Wirth. plunged for a third week by up ing completion, and we expect the market now with our commercial “So I think the Permian equa- to $24,500 dollars per day. facility to be back online in organization, buying a cargo here, tion looks pretty similar to what it Rates were quoted at an aver- March,” said CFO Breber. selling a cargo there in and out of did at the time we made those age of between $87,000 per day “After Train 1 is back online, the spot market,” explained Wirth. statements. Deepwater Gulf of and $83,000 per day for vessels Train 3 will be taken out of service “But we haven't been out of Mexico, I think we just have to see of between 155,000-165,000 for the propane vessel inspections, position and hurt because we had how this unfolds. And certainly, we cubic capacity in the West of any repairs and the planned to buy high and sell low to any like the projects that we're ad- Suez market. In the East of Suez turnaround,” he explained. meaningful degree through this vancing here. And there's been, I charter market, rates were “At Wheatstone, production is whole cycle,” the CEO stated. think, general signalling that exist- offered for ships at between modestly below capacity while we Wirth noted that in the Permian ing leases are secure,” he added. $82,000 per day and $78,000 repair an inlet separator,” stated Basin, Chevron was thinking about “Overall, Permian production per day, according to various Breber. several issues. will be up because we've added brokers. Chevron reported that included The CEO explained that as he production from Noble. I think in the 2020 full-year earnings were looked at some of the announce- we've previously guided to kind of Arctic LNG net charges for special items of ments and developments that seem a 6 percent to 7 percent decline efforts $4.5Bln, compared with net to be unfolding here in the US, it's on the Chevron legacy produc- Novatek, the Russian natural charges of $8.7Bln for special items “early days to understand exactly tion,” he explained. gas company and developer of in 2019. how these will play out” in reality. “That actually, today, looks like Yamal and Arctic II LNG, has CEO Mike Wirth also com- “The executive order (on per- it will be a little less steep, maybe signed a cooperation agreement mented on the Gorgon and Wheat- mits on Federal lands) was sweep- more like a 5 percent decline on with Italy-based Nuovo Pignone stone outlooks for the first couple ing and broad, but it also lacks Chevron legacy production in 2021 SpA, a subsidiary of the US of quarters of 2021. some specificity,’ said the CEO. versus 2020. And that's with flat Baker Hughes Company, aimed “Wheatstone, for the rest of the “And I think, certainly, as you activity levels, running five rigs at reducing carbon-dioxide year, should be back up to full ca- listen to some of the members of and one or two completion crews emissions. “The parties intend pacity until a turnaround that be- the new Administration comment, over the course of the year,” the to cooperate in developing gins late third quarter and runs into as they introduce this and an- CEO said. electrical and gas turbine solu- fourth, which we'd already planned swered some questions, I think “Our projected growth is driven tions for natural gas and LNG and announced,” explained Wirth. they're looking to flesh out the de- by a full year of production from production, as well as solutions “And then, of course, at Gor- tails in the coming weeks and the Noble Energy assets and lower for reducing CO2 emissions,” gon, as Pierre mentioned, Train 3 months,” added Wirth. expected curtailments,” said Wirth. they said. will have inspection of these “Onshore in the Permian, we're n n 6 l NEWS LNG Unlimited 9 February 2021 LNG engineer Chiyoda and LNG exporter Brunei succeed with first hydrogen supply-chain tests LNG News Editor The hydrogen supply chain, which maximizes the use of exist- Four long-standing LNG sector par- ing infrastructure and meets inter- ticipants from Japan, along with national safety standards, the Sultanate of Brunei in South commenced with the procurement East , have successfully com- of hydrogen in the source country, pleted the world’s first global hy- in this case Brunei. drogen supply chain demonstration It is then transported to a con- and are progressing towards semi- suming country in the form of commercialization. Hydrogen supply shipped from Brunei to Kawasaki in Japan methylcyclohexane (MCH), as ex- Japanese engineering firm plained above, and distributed Chiyoda Corp. and shipping-to- tion plant. The hydrogen was “The members of AHEAD are using Chiyoda’s SPERA Hydrogen project companies Mitsubishi transported from Brunei in ISO pleased to announce the success- technology. Corp., Mitsui & Co and Nippon containers mounted on trailers in ful completion of the world’s first “By transporting and storing Yusen Kabushiki Kaisha (NYK Line) container ships. global hydrogen supply chain sys- over 100 tons of hydrogen over 10 transported cargoes from a hydro- On arrival in Japan in the fu- tem,” said a statement. months, the demonstration veri- genation facility, the supplier, in ture, it would be used as fuel in “The demonstration project, fied that the system, an example the Sultanate of Brunei on the is- gas-fired power stations. launched in 2015, was conducted of Japanese environmental tech- land of Borneo back to the demand Hydrogen can be stored and by AHEAD and subsidized by the nology, is technically ready for centre, a dehydrogenation plant in transported as a chemically stable New Energy and Industrial Tech- commercial use and confirmed Kawasaki, Japan, over 10 months. and safe liquid called methylcy- nology Development Organization SPERA Hydrogen’s potential con- clohexane (MCH) at ambient tem- (NEDO),” it added. NEDO is Japan's tribution to global carbon neu- Building expertise perature and pressure. largest management organization trality in 2050,” the companies Chiyoda, Mitsubishi, Mitsui and Hydrogen was combined with for research and development. explained. NYK Line established their “Ad- toluene at the hydrogen supply The demonstration was part of Chiyoda said it would now vanced Hydrogen Energy Chain site in Brunei and was then gener- the project’s second phase (2017- expand the system towards semi- Association for Technology Devel- ated from MCH at the hydrogen 2020) that included the design, commercialization by the mid- opment (AHEAD)” project in demand site in Kawasaki in Japan. procurement, construction and 2020s, reducing costs through cooperation with the Brunei gov- Existing tanks, tankers and operation of facilities to validate economies of scale in line with ernment, Brunei LNG and the trucks can be utilized for the feasibility of the global hydro- increased hydrogen demand. expertise surrounding its liquefac- storage and transportation. gen supply chain. n

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The LNG Journal platform includes: Subscription Contacts LNG JOURNAL Monthly Online + optional print magazine For new subscriptions or general subscription LNG UNLIMITED Online every Tuesday + PDF queries please contact: Stephan Venter GAS TO POWER JOURNAL Online every Friday + PDF +44 207 017 3407 LNG MARKET TRACKER Online every Wednesday + PDF [email protected] LNG SHIPPING NEWS Online every second Thursday + PDF To renew an existing subscription or to upgrade your package, please contact: LNG MONTHLY MARKETS Online Monthly + PDF Gabi Weck LNG CHINA Online every second month + PDF [email protected] LNG Online every second month + PDF Sign up now for an Online Subscription from only US$1095; €835 or £755 LNG FUELLING Online every quarter + PDF Discount options are available for multi-users Contact us for more information or to arrange DAILY UPDATES and Newsletters a free trial 9 February 2021 LNG Unlimited NEWS l 7 ICE reports Edge sets up in Midland in Texas soaring trade to offer Permian Basin liquefaction in Dutch TFF LNG News Editor JKM LNG Edge LNG, a US company involved The Intercontinental Exchange, in delivering LNG to market by the US-based operator of global converting stranded and flared trading platforms and clearing natural gas, has unveiled its new houses, reported record activity facility in Midland in Texas to meet across its markets for European growing demand for its services. Dutch Title Transfer Facility The new premises will hold op- (TTF) futures and Japan-Korea erating equipment of both Edge Marker futures for North Asia LNG and Galileo Technologies, it’s spot cargoes. exclusive technology partner, and “Market participants are uti- will additionally be home to the New premises holds equipment and will also offer LNG lizing the TTF and JKM LNG first training center for both training for Edge LNG and Galileo Technologies (Platts) contracts to manage their companies. risk in record quantities,” said operations. “This is an exciting diesel for operators, replace the the Atlanta, Georgia-based ICE. Central time for the LNG market and after need for flaring or venting and Trading activity records in- Located in the heart of the Per- a challenging year we are seeing unlock the potential of stranded cluded the highest ever Dutch mian Basin, the 10,000 square feet growth in the Permian,” said wells,” he explained. TTF futures open Interest (OI) premises allows Edge LNG access to Jonathan Brignac, Vice President Edge LNG has marketed the tally of approximately 1.9 mil- all major transport links which are of Business Development at Edge trade-marked Cryobox-Trailer, lion contracts on January 27, vital in the transportation of LNG. LNG. designed and manufactured by 2021. Open Interest is the total The new site will act as a focal “Not only does the opening of Galileo Technologies. number of outstanding deriva- point for Edge LNG’s Permian op- our facility underline our commit- Each unit can produce around tive contracts, such as options erations, bringing the company ment to our customers, it high- 10,000 gallons (15 metric tons) of or futures that have not been closer to its customers. lights our commitment to the LNG per day, directly from the settled for an asset. It will allow customers to see Permian, where we see so much well or flare. TTF futures and options also equipment first-hand and offer opportunity and potential to ex- Galileo Technologies is both an hit record daily volumes of more the opportunity to attend training pand our business,” added Brignac. investor and exclusive technology than 347,500 contracts on Jan- sessions to better understand the “Our investment here allows us partner of Edge LNG. uary 12. company’s business model and to provide a cleaner alternative to n The Dutch futures, which guide pipeline natural gas and LNG val- ues and activities, posted an aver- Air Products lines up technology age daily volumes increase on ICE of 67 percent year-on-year, with for first Mexican export plant open interest up by 40 percent. US company Air Products, the IEnova and European energy com- ficient and cost effective dual ICE owns 12 regulated ex- world’s leader in liquefied natural pany Total. mixed refrigerant (DMR) process changes and platforms. Its global gas technology and equipment, TechnipFMC, the Franco-US for this unique, compact site loca- natural gas complex spans trad- has signed an agreement to pro- company, received a notice to tion,” explained Serhan. ing hubs from the US and Canada vide propriety equipment and a proceed for its Costa Azul LNG “Our recently expanded manu- to Europe and Asia, underpinned related process license to the engineering, procurement and facturing facility can serve all by an offering of more than 600 Mexican LNG ex- construction contract in. Novem- customer needs in terms of LNG financially and physically-deliv- port plant at Costa Azul on the ber 2020. production capacity and rein- ered contracts. Pacific Coast. “ECA LNG is a new customer for forces our commitment and pres- “TTF Futures and Options hit “The Air Products manufactur- Air Products’ LNG business, and ence to serve all the LNG markets record monthly volume of ap- ing facility in Port Manatee, we are pleased our AP-DMR pro- worldwide, from baseload mega- proximately 4 million contracts Florida will manufacture the coil cess technology was selected to Trains to mid-scale bunkering fa- in January, beating the previous wound heat exchangers (CWHE) for assist them in meeting their LNG cilities to small-scale facilities,” record set in January 2020,” its LNG process technology, which business goals for the first phase stated the COO. explained the ICE report. will then be shipped to the project of this strategic west coast North The LNG equipment from Air “JKM LNG (Platts) hit a com- export terminal site in Ensenada in America LNG project,” said Samir Products is aimed at enabling bined futures and options OI Mexico,” said Air Products, based J. Serhan, Chief Operating Officer around 3 million tonnes per record of approximately 125,000 in LeHigh Valley in Pennsylvania. at Air Products. annum of LNG at the Ensenada contracts on January 14,” ICE The Mexican plant develop- “This project will showcase the location, which is an existing added. ment is a joint venture involving innovative benefits of our technol- import terminal. n Sempra, its Mexican subsidiary ogy, as it will utilize our highly ef- n BRIGHTER FUTURE COOLER BY DESIGN™

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Learn more at www.ChartLNG.com [email protected] 9 February 2021 LNG Unlimited NEWS l 9 UK calls in the French to construct new LNG storage tank for Europe’s largest regas terminal LNG News Editor design-build of large-scale cryo- genic storage tanks in any type of France's Entrepose Contracting, a environment,” said Vinci. unit of Vinci Construction Grands The UK regasification facility Projets and the UK’s Taylor currently has 1 million cubic me- Woodrow, has been awarded an tres of LNG storage spread across engineering, procurement and eight tanks and an annual through- construction contract by the UK’s put capacity of 20 billion cubic National Grid to build a liquefied metres of natural gas. tank to serve With the terminal expanding its the import terminal for London. facilities with an additional tank The companies will construct and associated vaporizer capacity, a 190,000 cubic metres capacity Company has built 20 LNG tanks worldwide in recent years its future annual throughput will LNG tank at the Isle of Grain im- increase to 25 Bcm of natural gas, port terminal southeast of London, ment tank will have a 9 percent for at least five days. Vinci has or 18.5 million tonnes per annum located on the Thames-Medway nickel steel inner tank with a pre- already built about 20 LNG stor- of LNG. river estuary. stressed concrete outer shell, age tanks worldwide over the Qatar Petroleum announced in All the companies involved in poured in-situ using slip-forming. past 15 years, including three October 2020 that it had arranged the LNG tank project are all Vinci The works, for a budget of which are still under construc- storage and redelivery capacity Construction subsidiaries. €200 million ($243M), are set to tion, two in Russia with 160,000 for 25 years at Grain LNG. “This project is part of the pro- continue until June 2025. cubic metres capacity each and The deal was signed between gramme to expand the capacity of Analysts note that LNG sup- one in Canada with 225,000 cubic the UK gas network operator Na- the largest LNG terminal in Europe, plies to the Isle of Grain terminal metres capacity. tional Grid and Qatar Petroleum’s located on the Isle of Grain, on are key to London's energy secu- “The Group is recognised for its Qatar Terminal Limited (QTL) unit the East Coast of England, 60km rity as one shipment of LNG from capacity to meet the expectations after the conclusion of an open from London,” said Vinci. a nation like Qatar can maintain of major players in the sector and season process. Vinci said that the full contain- the capital's power capabilities confirms its leading position in the n GTT receives approval for fuel tanks to equip LNG-powered ultra-large container vessels Gaztransport and Technigaz (GTT), Under the Approval in Principle Vessel fuel tanks,” explained the other three on behalf of the the French designer of liquefied (AiP) procedure, a sloshing assess- Berterottière. Russian ship-owner Sovcomflot. natural gas maritime and onshore ment of the containment system Ivar Håberg, Director of Ap- GTT said each vessel will have storage, has received approval for was also performed. proval of DNV GL, worked with a capacity of 172,500 cubic me- the No. 96 containment system “This approval by DNV GL now GTT in the adaption of the tanks tres and be fitted with the No. 96 application as an LNG fuel tank for allows us to offer to the ship-own- for fuel applications. GW membrane containment Ultra-Large Container Vessels from ers two membrane technologies,” “The availability of technology system. the European classification society said Philippe Berterottière, Chair- alternatives is important for our They will be delivered through- DNV GL as the number of LNG- man and Chief Executive of GTT. customers to accelerate the tran- out 2023 and will operate as part powered ships increases. “GTT’s Mark III technology has sition to more environmentally- of the Russian LNG producer No- GTT and DNV GL reviewed the already been certified and now friendly fuels,” added DNV’s vatek’s Arctic LNG II project. compatibility of the No. 96 tech- the No. 96 tanks, already used in Håberg. GTT’s other orders for Russian- nology within a container vessel over 200 LNG carriers, represent Among recent orders, GTT will built vessels are from the Zvezda hull to ensure that the integration a reliable and competitive solu- equip ARC-7 ice-breaking LNG Shipyard in the Russian Far East, of such a containment system tion which is particularly well carriers for the Korean shipyard located at Bolshoi Kamen on the would be fit for purpose. adapted to Ultra Large Container Daewoo Shipbuilding and Marine coast of the Sea of Japan and Engineering. about 12 miles northeast of the “The availability of technology That order came in December city of Vladivostok. 2020 after receiving previous or- GTT said each Russian-built alternatives is important for our customers ders in October from a Russian vessel would offer a capacity of “ shipyard. 172,600 cubic metres capacity and to accelerate the transition to more environmentally-friendly fuels” Three of the LNG vessels will be fitted with the Mark III mem- be built on behalf of the Japanese brane containment system. - Ivar Håberg, Director of Approval of DNV GL ” ship-owner Mitsui OSK Lines and n