NGS’ NG/LNG SNAPSHOT – July 16–31, 2022

National News Internatonal News

NATIONAL NEWS

City Gas Distribution & Auto LPG

India to have 3500 new CNG stations by 2024: Sh. Hardeep Singh Puri

Minister for Petroleum and Natural Gas dedicates 166 CNG stations to serve the community. The Minister for Petroleum and Natural Gas Sh. Hardeep Singh Puri on Friday, July 15, said the country at present has around 4,500 compressed natural gas (CNG) stations,

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which will be ramped up to 8,000 in the next two years. Sh. Puri also dedicated 166 CNG stations to serve the community. These stations have been set up by GAIL (India) and nine of its group City Gas Distribution (CGD) companies in 41 Geographical Areas (GAs) across 14 States.

Sh. Puri also stated that these CNG stations have been commissioned at the cost of ₹400 crores and they will strengthen the gas-based infrastructure and availability of cleaner fuel in the country, MoPNG said in a statement. As compared to 2014, when India had about 900 CNG stations, currently the number of stations has crossed 4,500, and will be ramped up to 8,000 in the next two years, it added. The number of PNG connections has crossed 95 lakh compared to about 24 lakh in 2014. Sh. Puri emphasized that the rollout of CNG on such a scale is expected to incentivise the market for CNG vehicles and will have an exponential impact in terms of manufacturing, skill development and employment generation. These stations will provide direct employment to about 1,000 persons.

After the completion of ongoing CGD development in GAs awarded under the 11th and 11th A CGD bidding round of the Petroleum and Natural Gas Regulatory Board, 98% of India’s population and 88% of its geographical area will have access to natural gas. The minister also visited an exhibition on the promotion of CNG and LNG-based clean mobility technology vehicles organised by SIAM. During the interaction, he stressed the need for enhanced coverage of CNG and LNG vehicles and requested automotive companies to ensure availability of CNG/ LNG vehicles on a pan-India basis.

https://www.thehindubusinessline.com/companies/india-to-have-8000-cng-stations-by-2024-oil-minister/article65643951.ece

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First phase of PNG project will be completed by October: Mysuru MP Sh. Prathap Simha

Mysuru MP Sh. Prathap Simha announced that Phase I of the piped gas project in the city will be completed by October and it will be a festival gift for the city. He was speaking after performing the groundbreaking ceremony for the proposed domestic piped natural gas project (PNG) in Vijay Nagar I Stage of the city on Thursday, July 14.

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In Vijayanagar, the first stage, a 15km long pipeline route will be laid at an estimated cost of Rs 20 crore. Phase I of the project is being implemented in the three wards of the city. Initially, there was a misconception about the pipeline works which is resolved now. The roads dug for the pipeline will be repaired immediately. After pipeline work is completed, houses will be provided with connections. Chamarajanagar will be developed into a model constituency. It is the dream of Hon’ble Prime Minister Sh. Narendra Modi to provide piped gas connection, he said.

He also asked the authorities to ensure that the project is implemented on time. According to the company representatives, the works of Phase I will be completed in two months. In Phase I, three wards in the city i.e. Vijayanagar, Kuvempunagar and Basaveshwarnagar will be covered. In Vijayanagar over 2,000 house owners registered for the connection which is 1,200 in Kuvempunagar, and around 3,000 in Basaveshwarnagar. Across Mysuru city 23,000 house owners have registered for the connection.

https://energy.economictimes.indiatimes.com/news/oil-and-gas/1st-phase-of-png-project-will-be-completed-by-dasara-mysuru-mp-prathap-simha/92892730

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IGL setting up five new CNG stations in Gurugram

Indraprastha Gas Ltd (IGL) on Tuesday, July 19, said it is ready to meet any additional demand for CNG (compressed natural gas) in Gurugram district in Haryana through its network and there was no shortage in the district.

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Company’s director (commercial) Sh. Pawan Kumar said all the 15 CNG stations of IGL in the district were operating 24×7, selling over one lakh kg fuel per day in Gurugram. The IGL network’s current installed capacity in Gurugram is enough to meet an additional 50% demand for CNG, he added.

Sh. Pawan Kumar said IGL is working towards augmenting its retail infrastructure in Gurugram with five more CNG stations. In addition, the compression capacity at the existing CNG stations is being enhanced to cater to the increasing demand for CNG.

https://energy.economictimes.indiatimes.com/news/oil-and-gas/igl-setting-up-5-new-cng-stations-in-gurugram/92992313

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Indian govt. aims to increase natural gas share in energy mix to 15 pc by 2030

The government has set a target to increase the share of natural gas in the country’s energy mix to 15%by 2030 from the current around 6.3%, Minister of State for Petroleum and Natural Gas Sh. Rameswar Teli said on Monday, July 25. In a written reply to a question in the Rajya Sabha, Teli said the government has taken various initiatives to achieve the target.

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Initiatives taken by the government to increase the share of natural gas in the energy mix include expansion of the national gas grid to about 33,500 km from the current 21,715 km; expansion of City Gas Distribution (CGD) network; setting up of Liquefied Natural Gas terminals and allocation of domestic gas to Compressed Natural Gas (Transport) / Piped Natural Gas (Domestic) in no cut category.

Other initiatives include allowing marketing and pricing freedom to gas produced from high pressure/high-temperature areas, deep water & ultra-deepwater and from coal seams; and Sustainable Alternative Towards Affordable Transportation (SATAT) initiatives to promote Bio-CNG.

Providing Piped Natural Gas (PNG) connections and establishment of Compressed Natural Gas (CNG) stations is part of the development of CGD network and the same is carried out by the entities authorized by Petroleum and Natural Gas Regulatory Board (PNGRB).

The CNG Stations and PNG connections are being provided by authorised entities as per timelines prescribed by PNGRB from time to time. As on May 31, 2022, a total 95.21 lakh PNG (Domestic) connections have been provided and 4531 CNG (Transport) stations have been established by the authorised entities.

After completion of 11A city gas distribution (CGD) round, 295 Geographical Areas (GAs) have been authorised which inter alia cover 98% of India’s population and 88% of its GAs. As per the Minimum Work Programme, CGD entities authorised upto 11A round, have to provide 12.33 crore PNG connections and establish 17,700 CNG stations by 2030 including in rural and urban areas, the minister informed the upper house of the Parliament.

https://theprint.in/economy/govt-aims-to-increase-natural-gas-share-in-energy-mix-to-15-pc-by-2030/1055080/

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Ten more CNG stations in Greater Kolkata by end of this financial year

Greater Kolkata region will have 10 more CNG stations by the end of March 2023, taking the total number to 15. Across the state, 42 new CNG stations will commence operation by then, taking the count to 73. This was disclosed during a stake holders’ discussion on CNG and city gas distribution organized by HPCL.

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The head operations and marketing of Bengal Gas, Sh. P K Biswas, pointed out that it has now seven CNG outlets in its command area of Greater Kolkata that includes entire KMC area, North 24 Parganas up to Barasat, New Town and Budge Budge in South 24 Parganas along with some parts of Hooghly, adjacent to the city.

Incidentally, Bengal Gas is a JV between Greater Calcutta Gas Supply and Gail for CNG and city gas distribution in Kolkata and adjacent areas. The entity has also introduced piped gas (PNG) to some housing complexes in the city including Urbana.

The HPCL’s authorized areas for CNG and city gas distribution include Howrah, Hooghly, Nadia, North 24 Parganas, South 24 Parganas, Darjeeling, Jalpaiguri and North Dinajpur. Besides, it has also got Malda, South Dinajpur, Birbhum and Murshidabad in the last round of bidding. It has a target to set up 400 CNG stations in next five-six years in its command area. Besides, HPCL has also set a target for PNG connections in different districts.

The total investment estimated by HPCL is over Rs 5,500 crore in next few years.

The representative of IOC Adani JV that got CNG and city gas distribution rights for East and West Burdwan added that in next eight years, it will install 80 CNG stations in the area. Now it has 16 CNG outlets in the area. BPCL- which is a smaller player for CNG in the state – targets to open 10 outlets in next one year in Purulia, Bankura, Alipuduar and Coochbehar.

https://energy.economictimes.indiatimes.com/news/oil-and-gas/10-more-cng-stations-in-greater-kolkata-by-march/93153155

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Natural Gas/ Pipelines/ Company News

 

Indian Oil lays 2.8 km of steel pipeline for CNG in Coimbatore

Indian Oil Corporation, an authorised entity to lay build and operate City Gas Distribution, achieved the milestone of commissioning 2.8 km of steel pipeline for Compressed Natural Gas (CNG) and the first online CNG retail outlet in Tamil Nadu in Coimbatore on Wednesday, July 20.

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With this, the total number of operating Compressed Natural Gas (CNG) stations has risen to 11. The facility was inaugurated by Sh. Shailesh Tiwari, Executive Director of Indian Oil Corporation Limited. Inaugurating the outlet, Mr. Tiwari mentioned that Indian Oil plans to commission about 25 new CNG stations every year from 2022-23. Indian Oil has also commissioned the City Gate Station (CCS) at Pichanur village near Madukkarai taluk linking up with the Kochi – Kootanad – Bengaluru – Mangaluru pipeline of GAIL Indian Limited.

He also added that Indian Oil will also be providing piped natural gas connections to about nine lakh households during economic life of project based on the requirement of consumers for urban and rural areas of Coimbatore district. Indian Oil is developing steel pipe and polyethylene pipeline network to supply natural gas at an affordable prices to the public.

https://www.thehindu.com/news/cities/Coimbatore/indian-oil-lays-28-km-of-steel-pipeline-for-cng-in-coimbatore/article65662123.ece

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Sh. Rajarshi Gupta takes over as Managing Director of ONGC Videsh

Sh. Rajarshi Gupta has taken over as Managing Director of ONGC Videsh Ltd (OVL), the overseas investment arm of state-owned Oil and Natural Gas Corporation (ONGC). He replaces Sh. Alok Gupta who superannuated last month.

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Sh. Rajarshi Gupta has more than 33 years of wide-ranging experience in supervisory, managerial and strategic planning capacities in domestic and international operations of ONGC and ONGC Videsh, he took over on July 19. Prior to this, he was Executive Director – Chief of Corporate Strategy & Planning in ONGC.

He has a keen business sense of the oil and gas industry, commercial and financial acumen, with mergers and acquisitions, strategic planning, and man management as his core strengths. A mechanical engineer from NIT Rourkela and a Gold Medallist in MBA (International Business) from the Indian Institute of Foreign Trade, he spent 13 years in ONGC Videsh during 2006-2019, working across the globe in diverse geographical and fiscal regimes, in business development, merger and acquisitions, and project management of exploration and development projects.

As Country Manager and President of ONGC Videsh’s US subsidiary, he set up the Geological & Geophysical Centre of Excellence in Houston. On return, he was Head of Corporate Planning & Strategy in ONGC Videsh and also headed Strategic HR and Corporate Communications. He was instrumental in framing the international business vision in ONGC’s long-term vision document, the Perspective Plan 2030.

https://energy.economictimes.indiatimes.com/news/oil-and-gas/rajarshi-gupta-takes-over-as-managing-director-of-ongc-videsh/93001280

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Entire Andhra Pradesh coast to have natural gas pipeline soon

It is only a matter of time before the entire coastal belt of Andhra Pradesh has connected with the natural gas pipeline project thanks to the speeding up of the work by the Union ministry. With the aim to increase the share of natural gas in the primary energy mix,

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there was a focus on developing the natural gas infrastructure in the country and implementing the ‘One Nation One Gas Grid’. Andhra Pradesh stands to benefit in this segment soon.

Among these pipelines, Kakinada-Vizag-Srikakulam, Kakinada-Vijayawada-Nellore (this will be connected to the Ennore-Nellore line further) and Srikakulam-Angul (in Odisha) fall under common carrier gas pipelines which ensure the connectivity of entire coastal belt.

The vijayawada-Hyderabad line which falls under the Kakinada-Vijayawada-Hyderabad-Uran-Ahmedabad covers the rest of the areas in Andhra Pradesh. The vijayawada-Hyderabad line is fully operational, the minister said. Expansion of pipeline infrastructure was a continuous effort based on gas demand assessment of various regions.

The projects were being undertaken as per the timelines approved by the Petroleum and Natural Gas Regulatory Board (PNGRB), Rameswar Teli clarified ruling out delays in the project timelines. The pipelines have the required sanctions and clearances from all authorities, including the National Highways Authority of India (NHAI). Permissions for some of the segments have been obtained as early as 2019 itself.

https://www.thehansindia.com/andhra-pradesh/entire-ap-coast-to-have-natural-gas-pipeline-soon-754573?infinitescroll=1

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ONGC inks deal with GAIL, AGCL on Tripura gas sale

The state-owned exploration giant ONGC has signed a gas-selling agreement with GAIL India and Assam Gas Company Ltd (AGCL) to monetise natural gas at its upcoming gas well at Khubal under Panisagar of North Tripura.

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The agreement was signed by executive director of ONGC, Tripura Asset, Tarun Malik, managing director of AGCL Sh. Gokul Chandra Swargiyari and CGM-zonal head, GAIL, R Choudhury on behalf of their respective companies in a brief function here on Friday, July 22. Addressing the gathering Sh. Malik said Khubal will be the 10th gas-producing field of ONGC in Tripura, which has been working in gas exploration activities since 1976.

According to the agreement, ONGC will supply 50,000 standard cubic metres per day of gas to GAIL and AGCL and a total 0.1 million standard cubic metres per day (MSCMD) gas will be supplied from ONGC’s Khubal gas collecting station. Khubal station would have a capacity to process 0.44 MSCMD of gas.

He said more gas will find its way into the industry and people’s homes with a positive impact on their living standards which in turn will boost the economy of the region. The ONGC has embarked on a mission to produce more gas from its fields in Tripura that would incentivise local businesses and industries.

Highlighting the upcoming Indradhanush Gas Grid Ltd a joint venture of IOCL, ONGC, OIL and NRL Sh. Malik said the ministry of petroleum has envisaged implementing Hydrocarbon Vision 2030 for the northeast region to accelerate its development. The pipe laying work of IGGL is progressing impressively across the region, which will be a game-changer for the northeast.

https://timesofindia.indiatimes.com/city/agartala/ongc-inks-deal-with-gail-agcl-on-tripura-gas-sale/articleshow/93083673.cms

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Policy Matters/ Gas Pricing/ Others

Automobile industry body SIAM seeks reduction in CNG prices

The society of Indian Automobile Manufacturers (SIAM) has sought reduction in CNG prices in order to achieve sustainable mobility goals. In a statement issued on Friday, July 15, the automobile industry body noted that there has been an exponential increase in CNG prices in the last few months.

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Over the last few months, there has been a major challenge regarding an exponential increase in CNG prices.

The industry is keenly looking forward to the right kind of interventions and support from the government for moderating the CNG prices for the benefit of the society, economy, and country’s environment for overall achieving sustainable mobility and SDG 2030,” SIAM Director General Sh. Rajesh Menon said in a statement. It is commendable to have a collaborative approach of the government and industry for fostering and nurturing the national goals of reducing oil imports and cleaner environment, he noted.

The new stations are in addition to 1,332 CNG stations that have come up in the last financial year. Menon said that aligning with India’s global commitments to reduce carbon emissions the automobile industry continues to make significant investments, resource allocation towards R&D and localisation of technology products.

https://energy.economictimes.indiatimes.com/news/oil-and-gas/automobile-industry-body-siam-seeks-reduction-in-cng-prices/92910742

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RIL renews call to remove cap on domestic gas price

The government sets the administered price of gas for normal fields every six months on April 1 and October 1 based on rates prevalent in select global gas markets, but the revisions come with a lag.

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For the April-September 2022 period, the cap is $9.92/mmbtu for difficult fields like KG-D6 block operated by RIL, the highest level ever. Expectations are that the ceiling will have to be raised steeply further for October 2022-March 2023 period, given the spike in global prices of the commodity. Of the total gas consumed in the country, almost 50% is imported LNG.

We are continuing our advocacy for removal of ceiling prices, said Sh. Sanjay Roy, senior vice-president (exploration & production), RIL, in a post-result presentation to the analysts last evening. The price must move up, Roy said. It is expected that based on higher energy prices across markets, this (gas price ceiling) will go further up.  As global gas prices continue to remain elevated, Roy attributed it to two factors the shift in European demand from Russian gas to LNG supplies and supply destruction. “A substantial amount of (traded gas) volume has been impacted,” Sh. Roy said.

Sh. Roy added the company’s MJ field in the KG basin will likely go on stream by the third quarter of this fiscal year. This should lead to further growth in EBITDA and value in the quarters to come and in the years to come, he said. For the first quarter of the current fiscal, RIL’s gas exploration and production business did significantly better quarter on quarter, primarily driven by marginal growth in production in KG-D6 which was slightly over 19 million standard cubic meters (mscm). In KG-D6, the company’s realisation on a weighted average basis was $9.72.

During the April-June period of the current fiscal, India imported 7,400 mmscm LNG valued at $3.4 billion. India’s net natural gas production during the period was 2,724 mmscm.

https://www.financialexpress.com/market/commodities/ril-renews-call-to-remove-cap-on-domestic-gas-price/2603759/

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LNG Use / LNG Development and Shipping

India’s LNG imports drop 10% in June

India’s LNG imports in June came in at 2.45bn m3 (or about 1.8mn metric tons), down 9.5% year/year, the country’s oil and gas ministry’s Petroleum Planning and Analysis Cell (PPAC) website showed on July 22. The imports were down 2.5% month/month.

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The cumulative imports during the April-June period (Q1 of 2022-2023 financial year) were 7.4bn m3, down 9.6% yr/yr.

The LNG imports last month cost $1.2bn, up from $800mn in the same month last year. The import cost in Q1 was $3.4bn, up from $2.4bn in the same period last year, PPAC said.

https://www.naturalgasworld.com/indias-lng-drop-10-in-june-99792

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India’s first floating LNG terminal is likely to operationalise in the second half of 2022

India’s first floating terminal for liquefied natural gas (LNG) at Jaigarh in Maharashtra is expected to be operational in the second half of 2022. Besides, another floating terminal at Jafrabad in Gujarat is also likely to begin operations this calendar year.

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The International Gas Union (IGU) stated in its World LNG 2022 report that in India, two floating storage and regasification units (FSRUs) based terminals, at Jaigarh and Jafrabad, are currently under development and both are expected to start operations in 2022 after the pandemic and weather-related delays.

India’s first FSRU-based terminals, which were initially due to be commissioned in early 2021, are likely to see operations starting up in the second half of 2022.

https://swarajyamag.com/infrastructure/indias-first-floating-lng-terminal-likely-to-operationalise-in-second-half-of-2022

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Electric Mobility/ Hydrogen/ Bio- Methane

India’s GAIL to invest over $3bn to boost clean energy push

India’s largest natural gas processor and distributor GAIL plans to invest big money to boost clean energy capacities throughout this decade. The state-owned gas explorer is expected to pour roughly $3.25bn (EUR3.24bn / GBP2.74bn) into its renewables portfolio by 2030,

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according to domestic brokerage house Geojit Financial Services. Of that corpus, $750m will be spent over a three-year period. “(GAIL) is looking forward to 1GW of green energy capacity over the next three years.

This shall consolidate to 10% of GAIL’s portfolio to be hydrogen plus renewable by 2030 which shall expand (the) portfolio of the company and (help it) reap benefits. GAIL is expected to continue delivering positive growth in the near term owing to rising (natural gas) prices, CAPEX prospects and surging demand from (Indian) fertilizer plants, refineries and petrochemical expansions.

The producer of cooking gas has a market capitalisation of around INR615bn on the National Stock Exchange, where its shares have advanced some 6.9% so far this year to INR140.5. Asia’s third-largest economy India consumes about 174 million standard cubic meters of natural gas a day, half of which has to be imported owing to insufficient domestic reserves. Earlier this year, GAIL (India) managing director Manoj Jain told that company’s cumulative natural gas imports could rise by 5%-6% year over year in the fiscal year through March 2023 (FY23).

https://capital.com/india-s-gail-to-invest-over-3bn-to-boost-clean-energy-push

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ONGC to make Green Hydrogen; inks MoU with India’s leading renewable energy Company Greenko Zero C

Energy major Oil and Natural Gas Corporation Limited (ONGC) today signed an MoUwith M/s Greenko ZeroC Private Limited (Greenko), to jointly pursue opportunities in Renewables, Green Hydrogen, Green Ammonia and other derivatives of green hydrogen.

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The MoU, valid for two years, was inked in New Delhi by ONGC Director Onshore Sh. Anurag Sharma and Greenko CEO & Managing Director Sh. Anil Kumar Chalamalasetty, in the presence of Union Minister of Petroleum and Natural Gas & Housing and Urban Affairs Sh. Hardeep Singh Puri. Secretary (MoP&NG) Sh. Pankaj Jain, Dr. Alka Mittal, ONGC CMD along with ONGC Directors, other senior officials from MoP&NG , ONGC and Greenko were also present. Greenko is one of India’s leading renewable energy Companies.

This MoU is in line with the National Hydrogen Mission launched by Hon’ble Prime Minister in making India a global green hydrogen hub. The activities envisaged under this MoU will contribute towards India’s target of producing of 5 million tonnes of Green hydrogen per annum by 2030.

 

This MoU will also act as a stepping stone for ONGC to achieve renewable energy targets as per its Energy Strategy 2040. As the share of renewables in the energy mix is rising driven by cost competitiveness, climate change awareness and strong regulatory push, ONGC aims to meet its objectives such as de-risking of portfolio against long term disruptions and reducing carbon footprint by moving into renewables space.

https://www.pib.gov.in/PressReleasePage.aspx?PRID=1845072

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INTERNATIONAL NEWS

Natural Gas / Transnational Pipelines/ Others

Ukraine accumulates 59.5% of natural gas needed for heating season: Ukrainian PM

Ukraine has accumulated 11.3 billion cubic metres of natural gas in its storage, or 59.5% of the country’s needs for powering its heating facilities during the cold season, Ukrainian Prime Minister Mr. Denys Shmyhal said.

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He told a cabinet meeting on Friday that Ukraine has pumped 3 billion cubic metres of gas into its reserves since the start of the year, the government press service reported.

He added that Ukraine’s coal reserves reached 1.5 million tons in mid-July, more than two times higher than the guaranteed reserves for this time determined by official documents, Xinhua news agency reported. This month, Ukraine agreed with the European Bank for Reconstruction and Development on obtaining about $300 million to prepare for the heating season, Shmyhal added.

https://daijiworld.com/news/newsDisplay?newsID=979475

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Greece eyes TAP pipeline, LNG to face a Russian gas cut-off

The Greek government is looking at the TAP gas pipeline and liquefied natural gas (LNG) to plug the energy supply hole in case Russia decides on a reduced or complete gas cut-off to Europe, Prime Minister Mr. Kyriakos Mitsotakis said after a briefing on Thursday, July 14.

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Mr. Mitsotakis was briefed by the environment and energy ministry on the alternative scenarios in case of a reduced or complete Russian gas cut-off. During the briefing, all production, import, export and storage data were presented, and government sources emphasised that Greece is more favorable than other EU countries.

Government sources explained that in such a volatile landscape, no safe forecast could be made for pure energy, much less for its impact on the economy. However, the scenarios that have been on the table since the start of the crisis include the possibility of a complete interruption of Russian gas flows. In this case, the country’s supply would be increased through the remaining pipeline gas contracts, mainly through the TAP pipeline, and with liquefied natural gas from Revithoussa where care has been taken to ensure that there are high reserves.

FSRU, the floating liquefied natural gas (LNG) storage and regasification terminal in Alexandroupoli is not expected to start before mid-2023, which means it cannot yet boost energy supplies to Greece and its neighbouring Balkan countries. A new floating LNG tank has also been installed at Revithoussa, increasing the plant’s storage capacity to more than 380,000 cubic metres compared to the current 225,000. The addition of the tank also increases the flexibility of the LNG supply chain. Under the European Gas Sufficiency Plan, Greece is also obliged to cover the needs of Bulgaria and Romania with exports if needed.

https://www.euractiv.com/section/energy-environment/news/greece-eyes-tap-pipeline-lng-to-face-a-russian-gas-cut-off/

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US natural gas output to top 100 bcfd by end-2022

US natural gas production is expected to hit a record high of more than 100 bcfd by the end of the year. Production growth in major US gas-producing basins, in addition to associated gas production in the Permian, will cement the country’s position as the world’s largest gas producer, stretching its lead over Russia.

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Within shale gas plays, the Marcellus, Utica, and Haynesville are set to contribute the most. Rystad Energy expects production from Haynesville alone to grow by 2.6 bcfd this year compared with 2021, pushing annual output to more than 14 bcfd. Production from the basin is forecast to jump next year as well, reaching 17.2 bcfd by end of 2023.

Upstream investments in Haynesville of $7.4 billion are set to exceed the Marcellus this year for the first time since 2009. Haynesville investments will grow 47% from 2021 to 2022, according to Rystad, followed by Utica and Marcellus at 26% and 21%, respectively. The increase in investments in 2022 is a combination of increased activity in response to prices, particularly in Haynesville, and increased well costs due to inflation.

https://www.ogj.com/general-interest/economics-markets/article/14279864/rystad-us-natural-gas-output-to-top-100-bcfd-by-end2022

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Russia restarts natural gas flows to Europe through Nord Stream pipeline

Russia restarted the flow of natural gas through the Nord Stream 1 pipeline into Europe on Thursday, bringing down gas prices and cooling some concerns about a catastrophic energy crunch this winter.

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The Nord Stream 1 pipeline through which Russia supplies natural gas into Germany and Western Europe shut down last week for a 10-day maintenance period. With tensions rising over the war in Ukraine, many politicians believed Russia would not restart the flows. However, a spokesperson for Nord Stream, the consortium in charge of the pipeline, told Insider on Thursday that flows were up and running again. Nord Stream data showed flows were picking up on Thursday, with around 29 million kilowatt hours of gas flowing over a one-hour period. That’s around 40% of the gas that was moving through the pipeline this time last year, which is in line with the level of flows seen before the maintenance period.

The price of natural gas has soared this year in Europe, driving up inflation and heaping pressure on the European Union’s economy. Natural gas and manufactured gasses made up 22% of the EU’s final energy consumption in 2020. However, the benchmark Dutch TTF natural gas futures price fell on Thursday as Nord Stream flows resumed, and was last down 3.3% to 149.90 euros per megawatt hour. It was still up around 600% from a year earlier.

https://markets.businessinsider.com/news/commodities/russia-restarts-natural-gas-flows-nord-stream-prices-economy-recession-2022-7

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Nigeria, Algeria, Niger discuss gas pipeline to Europe

African energy giants Algeria, Nigeria and Niger signed an MoU Thursday on a vast gas pipeline project offering Europe potential future alternatives to Russian supplies.

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The Trans-Saharan Gas Pipeline (TSGP) would transport billions of cubic metres of gas some 4,128 kilometres (2,565 miles) from Nigeria in West Africa, north through Niger and on to Algeria. From there it could be pumped through the Mediterranean undersea transmed pipeline to Italy, or loaded onto liquefied natural gas tankers for export.

On Thursday, July 28, Algerian Energy Minister Mohamed Arkab hosted his counterparts from Nigeria and Niger, Timipre Sylva and Mahamane Sani, for talks on the project. The contents of the MoU were not disclosed, but the long-dormant project has seen an uptick in interest in recent months as gas prices have surged following Russia’s invasion of Ukraine.

When the TSGP was first proposed in 2009, the cost of building it was estimated at $10 billion. As well as serving European markets, gas could be diverted to serve markets along the route of the pipeline or elsewhere in the Sahel region.

https://www.channelstv.com/2022/07/28/algeria-nigeria-niger-discuss-gas-pipeline-to-europe/

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Mexico’s CFE and Sempra sign deals for natural gas pipeline projects

The two firms will launch a joint venture to restore service at the Guaymas-El Oro pipeline. Sempra’s subsidiary Sempra Infrastructure and Mexico’s state-owned utility Comisión Federal de Electricidad (CFE) have agreed to jointly advance the development of gas infrastructure projects in Mexico.

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The critical energy projects covered under the deals include the proposed Vista Pacífico liquefied natural gas (LNG) project in Topolobampo and Sinaloa and the rerouting of the Guaymas-El Oro pipeline in Sonora. It also covers the potential development of an LNG terminal in Salina Cruz, Oaxaca.

The deals come amid surging demand for fuel globally and form part of Mexico’s efforts to build facilities and utilize the existing gas lines. Mexico is also looking to promote the country as a key LNG export hub from the Atlantic and Pacific coasts to Asia and Europe. Sempra stated that the latest deals establish the framework for a joint venture between the two parties to restore service at the Guaymas-El Oro pipeline.

Sempra expects the agreements to promote North America’s energy integration and enhance the region’s energy security. Sempra Infrastructure recently agreed to sell a 30% stake in Phase 1 of the Port Arthur LNG project in the US to ConocoPhillips.

https://www.offshore-technology.com/news/cfe-sempra-deals-gas/

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USA: Building pipelines to bring gas to LNG terminals

U.S. midstream companies see natural gas pipelines and export terminals in Texas and Louisiana as key factors in their growth for the foreseeable future. Natural gas projects are expected to be the mainstay of growth in coming years as production rises and

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shippers find new customers in Europe, which is trying to wean itself off of Russian energy, and in Asia, where many countries are boosting imports of LNG.

Kinder Morgan Inc., which kicks off the midstream earnings season on Wednesday, recently received the green light to finance expanded capacity on its Permian Highway Pipeline, which ships gas from west Texas to Houston for export.

The Houston-based pipeline operator is expected to report earnings per share of 27 cents for the quarter ended June 30, compared to adjusted earnings of 23 cents per share from the same period a year ago. The expansion followed several proposals to build liquefied natural gas (LNG) processing plants along the U.S. Gulf Coast, which have the potential for liquefaction of about 3.1 billion cubic feet per day (Bcf/d) of new gas supply, to take advantage of rising European and Asian demand.

https://www.pipeline-journal.net/news/building-pipelines-bring-gas-lng-terminals

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Natural Gas / LNG Utilization

Spain daily gas demand for power hits new record

Natural gas demand for electricity generation in Spain hit a new record on Wednesday as a heatwave gripped the country. Gas-fired power plants in Spain took delivery of 803.8 gigawatt hours (GWh), surpassing the previous records of 770 GWh and 764 GWh reached on June 16 and 15 respectively.

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The current high temperatures in Spain have led to an increase in electricity consumption, and low hydraulic, wind, photovoltaic and solar thermal generation, due to a dusty haze, as well as an increase in electricity exports, Enagas said in a statement.

Spain is undergoing its second heatwave this year and the meteorological agency AEMET expects temperatures to peak later on Thursday, likely exceeding 44 degrees Celsius (111 degrees Fahrenheit) in large parts of southern Spain. In a bid to reduce the impact of high gas prices on electricity bills, Spain and Portugal have started temporarily subsidizing fossil fuel plants’ generation costs, while aiming to build more renewable capacity in the long term.

European governments are struggling to manage surging energy costs, as Russia’s invasion of Ukraine raises the specter of supply disruptions in a market already stretched to meet strong post-COVID-19 demand.

https://www.hellenicshippingnews.com/spain-daily-gas-demand-for-power-hits-new-record/

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EU Commission president heads to Azerbaijan to seek more gas

The head of the European Commission Ursula von der Leyen is expected to visit Baku on Monday looking for more natural gas from Azerbaijan, the bloc’s executive said Sunday, as it seeks to reduce energy reliance on Russia amid Moscow’s invasion of Ukraine.

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According to a draft document seen by Reuters on July 14, the commission has proposed to EU countries a deal with Azerbaijan to increase imports of natural gas and support the expansion of a pipeline to do this. The Commission was not immediately available for comment. EU governments have already agreed on a gradual oil embargo on Russia.

Meanwhile, Russian gas transit via Poland has stopped this year and gas shipments via Ukraine have been curtailed by Moscow’s Feb. 24 invasion of Ukraine. Germany, the world’s fourth-biggest economy, is preparing for all scenarios, including a complete stop to Russian gas supplies even after a regular 10-day maintenance period on the giant Nord Stream 1 pipeline ends later this week.

On Twitter on Sunday, Russia’s ambassador to international bodies in Vienna, Mikhail Ulyanov, said: “Russia never refused to continue natural gas supplies to Europe and fully complies with its contractual obligations.”

https://www.dailysabah.com/business/energy/eu-commission-president-heads-to-azerbaijan-to-seek-more-gas

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Japanese LNG imports up 2% in June 22

Japanese LNG imports in June were 5.8mn metric tons, up 1.7% year/year, according to the provisional data published by the country’s finance ministry on July 21. The imports were unchanged month/month.

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Japan’s shipments last month cost 586bn yen ($4.25bn), up 99% yr/yr. In the first half of the year, Japan imported 37.54mn mt of LNG, down 3.5% yr/yr.

China last year overtook Japan as the world’s largest LNG importer. In 2021, Chinese LNG imports were 78.93mn mt, up 18.3% yr/yr. However, this year Japan has regained the top spot as Chinese imports in the first half have been 31.26mn mt, down 20% yr/yr.

https://www.naturalgasworld.com/japanese-lng-imports-up-2-in-june-99782

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Global LNG Development

USA weekly LNG exports increase by four LNG carriers

23 LNG vessels departed the United States. This is four LNG carriers more than the last week in terms of LNG exports. Seven vessels departed from Sabine Pass, five from Corpus Christi, four each from Calcasieu Pass and Cameron, two from Cove Point, and one from Elba Island.

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They held a combined LNG-carrying capacity of 84 billion cubic feet.

Venture Global LNG‘s Calcasieu Pass terminal in Cameron Parish, Louisiana, received approval from the Federal Energy Regulatory Commission (FERC) to commission Liquefaction Block 9. With this authorisation, Calcasieu Pass has commissioned all nine blocks of two liquefaction trains each.

The Henry Hub spot price rose one dollar from $5.63 per million British thermal units (MMBtu) last Wednesday to $6.63/MMBtu this week. Natural gas deliveries to U.S. LNG export facilities (LNG pipeline receipts) averaged 11.1 Bcf/d, or 0.1 Bcf/d lower than last week.

https://www.offshore-energy.biz/eia-us-weekly-lng-exports-increase-by-four-lng-carriers/

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Algeria increases gas exports to Italy by 4 billion cubic meters

Algeria will increase its gas exports to Italy by 4 billion cubic meters as of next week, without specifying the time frame for the increased delivery round. The Algerian energy giant Sonatrach will ensure the delivery of this additional natural gas shipment to its Italian partners.

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Algeria has already delivered 13.9 billion cubic meters of gas to Italy so far in 2022. In 2021, the North African country exported 21.2 billion cubic meters of natural gas to Italy.

According to a gas deal reached by the two countries’ energy giants in April, Algeria is due to deliver an additional 9 billion cubic meters of gas per year to Italy by 2023-24. Russia, a top supplier of the EU’s gas, has reduced its supplies to Italy and other European countries in reaction to the EU sanctions imposed on the country in the wake of the outbreak of the conflict between Russia and Ukraine. The EU has also decided to cut gas imports from Russia.

https://www.hellenicshippingnews.com/algeria-increases-gas-exports-to-italy-by-4-bln-cubic-meters/

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USA: Sempra partners with ConocoPhillips on LNG project on Texas Gulf Coast

A huge LNG export facility that Sempra hopes to build on the Texas Gulf Coast took another step forward when the San Diego-based company’s infrastructure subsidiary announced a preliminary agreement with oil and gas giant ConocoPhillips.

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Though non-binding, the deal calls for ConocoPhillips to take a 30% equity investment in the still-to-be constructed Port Arthur LNG facility in Jefferson County, Texas, and contract for 5 million metric tons of LNG per year during the first phase of the proposed project’s operations.

The agreement gives Sempra Infrastructure the opportunity to participate in carbon capture and sequestration projects that ConocoPhillips has developed in Texas and Louisiana. In recent months, Sempra Infrastructure has lined up preliminary agreements with clients in Great Britain, Poland and Germany to take shipments of natural gas from the Port Arthur project, which is expected to have the capacity to send about 13.5 million tons per year overseas in Phase 1 of its operations. A potential Phase 2 expansion of similar size is being considered.

The ConocoPhillips deal with Sempra also allows for the two companies to potentially collaborate on an LNG project Sempra Infrastructure is constructing near Ensenada, Mexico. The first phase of the Energía Costa Azul export facility is expected to begin production by the end of 2024. The tentative agreement foresees ConocoPhillips contributing to natural gas supply, offtake and equity investment in Phase 2 of the project.

Sempra Infrastructure is already the majority owner of the $10 billion Cameron LNG facility on the Louisiana Gulf Coast, which opened in full commercial operations in August 2020. In addition, the company is working with the Mexican government to build another project in the port city of Topolobampo on the Gulf of California.

https://www.sandiegouniontribune.com/business/energy-green/story/2022-07-15/sempra-partners-with-conoco-phillips-on-lng-project-on-texas-gulf-coast

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Bechtel starts construction on Taiwan’s largest LNG storage tanks

Bechtel, CPC Corporation, and MRY broke ground on the project to design and build LNG tanks for the CPC Taichung Phase III LNG import terminal in Taichung, Taiwan. To meet increasing demand for natural gas and to enhance the stability of natural gas supplies in Taiwan,

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CPC is expanding its facility to include two full containment tanks and associated regasification facilities.

Bechtel will execute engineering, procurement, and construction of two 180,000 m3 full containment LNG tanks, Taiwan’s largest storage tanks ever built. CPC is leading the way for Taiwan in meeting the country’s clean energy aspirations by rapidly expanding the country’s LNG import terminals to support the move from coal to natural gas as their primary transitional source of energy for the near future.

American Institute in Taiwan Director Sandra Oudkirk expressed her support for Bechtel’s partnership with CPC on the new LNG storage facility in Taichung. Oudkirk underscored the importance of the U.S.-Taiwan economic relationship and a commitment to reliable and clean energy that supports economic development and protects the environment. As the need for LNG continues to grow, Bechtel stands ready to support governments and communities around the world in pursuit of carbon reduction.

https://www.prnewswire.com/news-releases/bechtel-starts-construction-on-taiwans-largest-lng-storage-tanks-301587594.html

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Balkans: Excelerate Energy signs gas sales MoU with Bulgaria’s overgas

Excelerate Energy and Bulgaria’s Overgas announced that the two Parties signed an MOU, in Sofia, Bulgaria on July 14, 2022, relating to the sale of regasified liquefied natural gas downstream of Excelerate’s planned Vlora LNG terminal in Albania.

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Under this MOU, the two Parties will enter into a negotiation for Overgas to purchase up to 1.0 billion cubic meters of regasified LNG annually for ten years from Excelerate (or an affiliated entity) via the Vlora Terminal and the proposed Vlora-Fier Pipeline which is expected to interconnect with existing natural gas infrastructure in Europe’s Southern Gas Corridor. The MOU expands the scope of Excelerate’s Vlora Terminal project to include downstream sales of regasified LNG into Europe and has the potential to bring much-needed supply diversification not only in Bulgaria but also in neighboring countries in the region.

This agreement follows previous MOUs between Excelerate, Snam S.p.A (Snam), and Albgaz Sh.a (Albgaz) and between Overgas and Albgaz to explore potential cooperation for the construction of a natural gas pipeline from the Vlora Terminal to other natural gas infrastructure in Albania.

https://www.hellenicshippingnews.com/excelerate-energy-signs-gas-sales-mou-with-bulgarias-overgas/

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USA: Delfin Midstream advances deepwater LNG project

Delfin Midstream Inc. says that it has finalized a binding LNG sale and purchase agreement (SPA) with Vitol Inc. (VIC), the Americas-based affiliate of Vitol, an independent energy trader. In addition to the SPA, Vitol has finalized a strategic investment in the company.

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Under the SPA, Delfin will supply 0.5 million tonnes per annum (MTPA) on a free-on-board (FOB) basis to the Delfin deepwater port to VIC for a 15-year period. The agreement is valued at approximately $3 billion in revenue over that time period.

Delfin LNG is a brownfield deepwater port requiring minimal additional infrastructure investment to support up to four FLNG vessels producing up to 13 million tonnes of LNG per annum. Delfin purchased the UTOS pipeline, the largest natural gas pipeline in the Gulf of Mexico, in 2014 and submitted its deepwater port license application in 2015. The port will be located approximately 40 nautical miles off the coast of Cameron Parish, Louisiana.

As a modular project requiring only 2.0 to 2.5 MTPA of long-term contracts to begin construction, Delfin says that it is on schedule to make the FID on the first FLNG vessel by the end of this year.

Delfin says that it has completed front-end engineering and design with Samsung Heavy Industries and Black & Veatch, which puts it on pace to execute the project this year and to commence operations in 2026.

https://www.offshore-mag.com/production/article/14279899/delfin-midstream-advances-deepwater-lng-project

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Fifth floating LNG terminal to be built in Lubmin by end 2022 – German economy ministry

Germany has decided to set up a fifth floating liquid natural gas (LNG) terminal, to be built by a private consortium by end 2022, in Lubmin, said the economy ministry on Tuesday, July 19. Lubmin and Stade will also be the sites of two out of a planned four floating LNG terminals, according to the ministry.

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The first two floating LNG terminal sites, part of Germany’s strategy to wean itself off Russian energy due to the war in Ukraine, will be built in Wilhelmshaven and Brunsbuettel. The ministry has said that the terminals could start operation as soon as winter 2022/2023. (Writing by Miranda Murray; editing by Matthias Williams)

https://www.marketscreener.com/quote/index/S-P-GSCI-NATURAL-GAS-INDE-46869167/news/Fifth-floating-LNG-terminal-to-be-built-in-Lubmin-by-end-2022-German-econ-ministry-41023252/

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Oman’s LNG exports rise by 8% to 5.9mn tonnes

Oman’s liquified natural gas (LNG) exports during the first six months of 2022 increased by 8% to reach 5.9 million tonnes compared to 5.5 million tonnes during the corresponding period of 2021.

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The Sultanate of Oman exported 3 million tonnes of liquified natural gas during the first quarter of the current year against approximately 2.9 million tonnes exported during the second quarter of the previous year. The increase in exports of liquified natural gas reaffirms that the Oman LNG terminal is operating at full production capacity, which is estimated at 11.4 million tonnes per annum.

During the first six months of the current year, Oman’s monthly exports of liquified natural gas amounted to 0.9 million tonnes which made Oman’s liquified natural gas shipments reach new destinations. The new destinations which received Oman’s liquified natural gas included Puerto Rico which received a shipment of 67,000 tonnes last June. The largest Asian markets received the majority of exports of Oman’s liquified natural gas.

The major Asian markets included South Korea which received 2.25 million tonnes (38% of total exports) during the first half of the year 2022 while Japan received 1.51 million tonnes (26% of the total exports). Other Asian markets included China, India, Taiwan and Thailand.

https://www.hellenicshippingnews.com/omans-lng-exports-rise-by-8-to-5-9mn-tonnes/

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USA: Cheniere lands long-term LNG supply deal with PetroChina

New York-listed Cheniere Energy has entered into a long-term liquefied natural gas (LNG) sale and purchase agreement with PetroChina. Under the deal, the Houston-headquartered LNG player will sell approximately 1.8 mtpa of LNG on a free-on-board basis. Deliveries will start in 2026, reach the full 1.8 mtpa in 2028, and continue through 2050.

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Cheniere said the purchase price for LNG is indexed to the Henry Hub price, plus a fixed liquefaction fee. Half of the total volume, or approximately 0.9 mtpa, is subject to Cheniere making a positive final investment decision to construct additional liquefaction capacity at the Corpus Christi LNG Terminal beyond the seven-train Corpus Christi Stage 3 project.

According to Jack Fusco, Cheniere’s president and chief executive officer, the new deal increases Cheniere’s long-term sales to PetroChina to approximately 3 mtpa.

https://splash247.com/cheniere-lands-long-term-lng-supply-deal-with-petrochina/

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Germany: Construction of Brunsbüttel LNG terminal kicking off in September

The Schleswig-Holstein government published the schedule for a floating liquid gas terminal at the Brunsbüttel site on July 20. The terminal will have two LNG tanks with a capacity of 165,000 cubic metres (cbm) each and an LNG regasification plant.

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The plans foresee an annual throughput capacity of 8 billion cubic metres (natural gas). It will specifically feature a jetty with two berths for LNG carriers (up to size QMax) and smaller LNG ships. Also, it will have facilities for unloading and loading the ships.

In the phase one, Since there is currently no free berth for the FSRU available in the port, the existing hazardous goods berth is being used temporarily and converted at short notice (interim solution). The construction activities for the interim solution will start at the beginning of September this year. At the beginning of October, the construction of the three-kilometre-long natural gas transmission line (ETL) 185 will start, which will be completed by the turn of the year. After commissioning, gas deliveries amounting to 3.5 billion cbm per year will be fed into the network via this pipeline on an annual average, whereby it is slightly more in winter than in summer.

The second phase will entail the construction of the new jetty, which is expected to begin in November and should be completed in March 2023. The FSRU will then feed gas from this new terminal into the grid via the three-kilometre-long pipeline, so that the hazardous materials depositor is available again for its previous purposes, such as oil deliveries.

In the last phase, in order to significantly increase the gas capacity in Brunsbüttel, the third phase includes the construction of the 55-kilometer ETL 180 from Brunsbüttel to Hetlingen/Stade, which will connect the FSRU to the German gas transmission network.

https://www.offshore-energy.biz/construction-of-brunsbu%CC%88ttel-lng-terminal-kicking-off-in-september/

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China’s imports of Russian LNG jumped 29%

In the first half of 2022, China imported 2.35 million tons of liquefied natural gas from Russia, a 28.7% increase compared to 2021. The purchases totaled $2.16 billion, Russia has now overtaken Indonesia and the US to become China’s fourth-largest liquefied natural gas supplier so far this year.

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China’s uptick in the key fuel from Russia comes as its imports from most other nations declined over recent months.

Imports from Australia China’s largest supplier of liquefied natural gas fell by 28.8% during the first six months of 2022, and LNG imports from the US cratered by 76.1%. The shifts in trade patterns come as Europe has been buying up US LNG as it looks for alternatives to Russian supplies in the wake of Moscow’s war on Ukraine. Meanwhile, shipments of Russian pipeline gas to China jumped 63.4% in the first half of the year, with Gazprom announcing on Tuesday that daily deliveries to China via the Power of Siberia pipeline hit a new record high.

Currently, Russia is the second-biggest provider of pipeline natural gas to China, behind Turkmenistan. China imports more than half of the natural gas it uses, though overall demand has declined dramatically this year as the world’s second-biggest economy faces growth challenges.

https://markets.businessinsider.com/news/commodities/china-imports-russian-gas-lng-energy-oil-trade-sanctions-moscow-2022-7

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France: Eiffage finalizes GTA LNG construction works

French multinational Eiffage Génie Civil Marine has finalized construction works on the central platform for the Higher Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project’s offshore hub. Fabrication included 3,200 tons of metallic components and

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22 prefabricated concrete caissons weighing 16,000 tons apiece, the erection of the structure in situ having started in June.

Eiffage operated out of its Dakar marine base for the works with a 15-vessel fleet and 300-bed flotel to service the large workforce required, notably incorporating locals as 75% of staff- considerably above local content requirements.

Nevertheless, bp appears fully on track for first production late next year as planned, the higher GTA LNG venture targeting an initial 2.5 million tons per annum LNG output volume. The Valaris DS-12 rig is already at work drilling its four-well series for the project from April until December this year, and as of 2022’s first quarter, the GTA development was announced as 75% complete. By the close of Q4, bp and its partner Kosmos expect to have all major structures, pipelines and construction in place. And this newfound internal and investor confidence has brought to light further news.

https://energycapitalpower.com/eiffage-gta-lng-construction-works/

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USA: NextDecade signs 20-year LNG deal with ExxonMobil

NextDecade will supply 1Mtpa of LNG from the first two liquefaction trains at the Rio Grande project. NextDecade has signed a liquefied natural gas (LNG) sale and purchases agreement (SPA) with ExxonMobil’s affiliate ExxonMobil LNG Asia Pacific (EMLAP) from its proposed Rio Grande LNG export project in Brownsville,

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Texas. Under the 20-year SPA, NextDecade will supply one million tonnes per annum (Mtpa) of LNG from the Rio Grande LNG project to ExxonMobil’s affiliate.

NextDecade plans to supply the LNG from the first two liquefaction trains at the Rio Grande project. The first train is planned to be commissioned as early as 2026. Based on current anticipated LNG demand and considering further LNG contracting and financing, NextDecade expects to make a positive final investment decision on up to three trains of the Rio Grande project in the second half of this year.

The Rio Grande project will have a full production capacity of approximately 27Mtpa. Earlier this month, NextDecade signed two SPAs with China Gas and Guangdong Energy Group. China Gas agreed to purchase 1Mtpa of LNG from the second train at Rio Grande LNG while Guangdong Energy will purchase approximately 1Mtpa of LNG from Rio Grande LNG Train 1.

https://www.offshore-technology.com/news/nextdecade-lng-exxonmobil/

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LNG as a Marine Fuel/Shipping

South Korea: GTT receives order from Hyundai Samho Heavy Industries

GTT has announced that it has received, in 2Q22, an order from its partner the Korean shipyard Hyundai Samho Heavy Industries for the tank design of two new LNG carriers on behalf of a European ship owner.

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As part of this order, GTT will design the tanks of the vessels, which will offer a cargo capacity of 174 000 m3 each and will be fitted with the Mark III Flex membrane containment system, a technology developed by GTT. Deliveries of the vessels are scheduled for 1Q26.

https://www.lngindustry.com/liquid-natural-gas/20072022/gtt-receives-order-from-hyundai-samho-heavy-industries/

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South Korea: DSME wins a 649.5-billion-won order for two LNG carriers

Daewoo Shipbuilding & Marine Engineering (DSME) announced Monday, July 25, that it received a 649.5-billion-won ($494.8-million) order from a European shipping company for two large liquefied natural gas (LNG) carriers.

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The two LNG carriers ordered Monday are in the 174,000-meter-square class and will be equipped with a low-pressure dual fuel propulsion engine. The carriers will be made in DSME’s shipyard in Okpo, South Gyeongsang, and be delivered to the buyers by the second half of 2026.

With this new order, DSME has so far achieved 72.2 percent of its order target for the year. The company has received $6.43 billion of orders for 20 LNG carriers, six container vessels and offshore plants.

https://www.hellenicshippingnews.com/dsme-wins-a-649-5-billion-won-order-for-two-lng-carriers/

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UK: V.Group welcomes three new LNG Dual Fuel VLCCs

Global Ship Management Company V.Group has won the contract to manage three LNG dual fuel VLCCs for long term partner international seaways, inc.

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V.Group will be providing full technical management of the three LNG dual-fuel new build vessels that are currently under construction in Daewoo Shipbuilding & Marine Engineering (DSME) and will be joining V.Group’s fleet management in Q1 2023.

In addition to their emission reducing natural gas-powered engines, the ships also feature optimized hull forms and propellers, wake improvement ducts and rudder bulbs to further improve vessel efficiency. Upon delivery, the three vessels will be employed on long-term time charters to Shell.

Recently, V.Group reinforced its commitment to decarbonisation of the shipping industry by launching a dedicated ‘Sustainability & Decarbonization’ department and entering a strategic partnership with Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping.

https://www.hellenicshippingnews.com/v-group-welcomes-three-new-lng-dual-fuel-vlccs/

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Technological Development for Cleaner and Greener Environment Hydrogen & Bio-Methane

Spain: Naturgy invests €1.5 million in its third biomethane plant in Spain

Naturgy is adapting the biomethane plant installed in the Porgaporcs livestock farm, in the municipality of Vila-Sana (Lleida), to inject renewable gas into the group’s distribution network in 2023. The company will invest 1.5 million euros in this project to advance in its objective that its distribution networks offer only renewable gas by 2050.

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The Vila-Sana biomethane plant will be the third that Naturgy put into commercial operation in Spain and the company’s second located in Catalonia. Starting next summer, this facility will inject 11.8 GWh/year of biomethane into the gas distribution network. The generation and consumption of this renewable gas will prevent the emission of more than 2,450 equivalent tons of CO2/year into the atmosphere, which is equivalent to planting more than 4,900 trees.

With this new facility, Naturgy takes a further step in its commitment to the energy transition, local energy production and the circular economy, as it will provide clean gas to the energy system and contribute to the sustainable management of agricultural and livestock waste of this farm.

In 2019, through the LIFE Metamorphosis project financed with European funds, Naturgy already tested the biomethane produced at this plant in natural gas vehicles and, a year later, the biomethane generated was taken to Zaragoza for use in urban transport in this city.

The first biomethane plant that the company put into service is located at the wastewater treatment plant in Bens (A Coruña). The second facility, Elena, located in Cerdanyola del Vallès (Barcelona), was the first to inject renewable gas from a landfill into the Spanish gas network.

Through its subsidiary Nedgia, Naturgy has almost 5.4 million natural gas supply points in 1,150 municipalities in the country. Its main asset is the more than 55,500 kilometers of networks that allow the energy supply of natural gas to be delivered safely and efficiently today, and the distribution of renewable gas, as well as hydrogen in the future.

With this new project, Naturgy is at the forefront of innovation in the development of this important energy sector, which will contribute significantly to the decarbonization of the Spanish economy in the coming years.

The production of renewable gases is aligned with the recently approved REPowerEU package, the European plan to reduce dependence on fossil fuels and advance the green transition. Within this plan, biomethane plays a key role in replacing the use of natural gas in the coming years.

https://www.ngvjournal.com/s1-news/c1-markets/naturgy-invests-e1-5-million-in-its-third-biomethane-plant-in-spain/

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USA: Dover Fueling Solutions unveils new clean fuel dispensers in EMEA region

Dover Fueling Solutions (DFS) announced the launch of its new technologically-advanced dispenser for hydrogen and its first-ever four-nozzle Wayne Helix™ CNG fuel dispenser in the EMEA (Europe, the Middle East and Africa) region.

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The DFS hydrogen dispenser uses both DFS and LIQAL technology and has multiple configuration possibilities and options, allowing it to meet specific requirements for a broad range of applications, from heavy-duty vehicle refueling to fuel retailing. Leveraging decades of hydraulic innovation to make the refueling process safe and dependable, the DFS hydrogen dispenser is designed for reliable performance with a low total cost of ownership. It is a modern and modular dispenser, which provides simultaneous filling from two nozzles in any combination of H35 and H70 dispensing pressures for optimal and continuous hydrogen dispensing. This model also benefits from IoT technology for remote monitoring and is built ready to connect to DFS’s advanced ecosystem, which includes solutions for billing, customer loyalty schemes and payment.

The new four-nozzle, double-sided Wayne Helix™ 6000 II CNG fuel dispenser builds upon DFS’s advanced dispenser technology and features an enhanced user interface. This product showcases DFS’s ongoing commitment to support the global fuel retail industry by providing high-quality clean energy options. With the ability for both traditional passenger cars and heavy-duty vehicles to use this fuel dispenser simultaneously, the four-nozzle Helix CNG fuel dispenser facilitates flexible refueling from a single CNG island at busy forecourts. This new dispenser configuration also accommodates the increasing demand for fuel stations to diversify their clean energy offering in Europe.

https://www.ngvjournal.com/s1-news/c5-products/dover-fueling-solutions-unveils-new-clean-fuel-dispensers-in-emea-region/

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