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A glut of LNG supplies in the coming years as new liquefaction projects come online at global level might lead to increased coal-to-gas switching in European markets, a recent paper by the Oxford Institute for Energy Studies (OIES) suggested.

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Feb 21 - Engie, Fluxys, Mitsubishi Corporation, and NYK have taken delivery of the world’s first purpose built liquefied natural gas bunkering vessel (LBV) from Hanjin Heavy Industries & Construction at the Yeongdo shipyard in Busan, Korea.

Zeebrugge in Belgium will be the home port of the vessel.

From there, the 5,000 m3 LNG capacity LBV will supply LNG as a marine fuel to ships operating in Northern Europe, Engie said.

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French gas grid operator has lifted the supply alert for LNG supplies at the Fos-sur-Mer terminal this week, on the back of milder temperatures and increasing LNG deliveries, after a situation of bottleneck partly due to tight LNG supplies had affected South-East of France at the end of January.

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Natural gas in the form of LNG is expected to continue playing a key role in Japan's energy mix in the future, despite some forecasts suggesting a decrease in consumption is to be expected compared to current levels, according to a senior official at major utility Tokyo Gas.

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The situation of congestion in the South-East of France seen at the end of January had somewhat eased in the first week of February, amid temperatures rising to more milder levels that what seen earlier, according to grid operator GRTGaz.

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Feb 1 - LNG exports out of the Algerian terminal of Skikda have resumed since January 26, after they had stopped in December due to technical issues.

The restart allowed Sonatrach to send to France “the additional LNG loads requested by Engie” the CEO Amine Mazouzi was quoted by media reports as saying.

Earlier in December, French grid operator GRTgaz had warned of a short gas system in the South-East of France, due to a cold snap. Requests of additional volumes from Algeria however could not be met due to the stoppage at Skikda.

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Jan 27 - Dresser-Rand, part of Siemens power and gas, has commissioned its first micro-scale natural gas liquefaction system at the Ten Man liquefied natural gas (LNG) facility in Pennsylvania, US.

The modular, portable LNG technology enables distributed production of LNG and can be installed in a short period of time to meet local demand for LNG, Siemens said.

“This cost-effective solution, developed by the Dresser-Rand business, allows the operator, Frontier Natural Resources, to monetize stranded gas assets at Tenaska Resources LLC's Mainesburg field” located in the Marcellus shale play, it said.

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Gas security at global level might be less solid than what perceived, on the back of LNG markets being “less flexible than is commonly believed” a new report fro the International Energy Agency found.

Published in Markets
Wednesday, 02 November 2016

Centrica inks LNG vessel charter deal

Nov 2 - Centrica has signed a deal with US-listed GasLog to charter a new-build, 180,000 cubic meter, liquefied natural gas (LNG) carrier for seven years starting in late 2019.

The delivery of the GasLog vessel is expected to coincide with first commercial delivery of the Centrica supply contract to purchase an annual volume of 91,250,000 mmbtu (89 billion cubic feet) LNG for export from the Sabine Pass liquefaction plant in Louisiana in the United States, the company said.

The contract is for an initial 20 year period, with a 10 year extension option, and is on a ‘Free on Board’ (FOB) basis, giving Centrica full destination rights for the cargoes.

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Gas demand in South America is expected to grow by some 50 billion cubic meters to 2030, reaching 191 Bcm on the back of increased energy demand and renewable production, which will call for flexible thermoelectric back up generation to balance the system.

However, the potential for the region to significantly develop its LNG market remain uncertain, and very much linked to weather scenarios in the region.

It's what emerges from a report on “South America gas markets and the role of LNG” by Anouk Honore, published by the Oxford Institute for Energy Studies.

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News in Brief

AsiaPacific drives growth in global GT market

Nov 17– Urbanisation and rapid economic growth in Asia Pacific will dominate market during the forecast period, according to MarketsandMarkets. The global market for gas turbines is expected to grow from an estimated $17.51 billion in 2017 to $20.66 billion by 2022, at a CAGR of 3.36%.

Kepco, Tadmax to build 1.3-MW CCGT in Malaysia

Nov 16 – Malaysia’s listed developer Tadmax Resources, together with South Korea’s state-run utility provider Kepco, are planning to build 1,300-MW  combined-cycle gas turbine (CCGT) some 60km southwest of Kuala Lumpur. The overall project is expected to cost $1 billion. Kepco announced it will invest $50 million to hold a 25% stake, while Tadmax Resources will own the 75% majority share.

Siemens delivers mobile turbines to Afghanistan

Nov 15 – Siemens has signed a Memorandum of Understanding (MoU) with Bayat Power and the Government of Afghanistan to provide SGT-A45 mobile gas turbines for a three-phase energy project. Upon completion, it will provide more than 200-MW of electricity, enough to meet the needs of more than 700,000 Afghan homes and businesses.

Baker Huges to supply 150MW of power gen equipment to Iraq

Nov 14 – Baker Hughes, a GE company (BHGE), has won a contract by PetroChina International Iraq to deliver Frame 6B gas turbine electric generator trains , with a combined output of 150 MW, for production at the onshore Halfaya oilfield in Iraq.

Gazprom gets €700m loan from Unicredit

Nov 13 – Gazprom and Unicredit have signed a five-year loan agreement worth €700 million. The loan will be used by Gazprom for “corporate purposes,” the company said in a statement.

Emerson to retrofit at turbines Engie’s DK6

Nov 10 – Emerson Electric, an American multinational corporation, has won a contract to retrofit controls on two Alstom GT13 turbines at Engie’s DK6 combined-cycle gas power plant (800 MW) in Dunkirk, France. The upgrade is the first time a vendor other than the turbine OEM has been selected to retrofit GT13 combustion turbine controls, Emerson pointed out. The first retrofitted unit is due to be back operational in September 2018, and the second in July 2019.

Rolls-Royce’s trading outlook unchanged

Nov 9 – providing a brief update on its trading outlook, Rolls-Royce CEO Warren East reconfirmed the full year outlook. Looking beyond 2017, he added: “While markets for our Power Systems products continue to improve, we note the ongoing weakness in offshore oil and gas markets for Marine and timing changes to new export orders for Defence Aerospace.”

Public consultation starts for Drax’s coal-to-gas conversion

Nov 9 – Plans by Drax Power to upgrade two units at its 2,000 MW coal- and wood pellet-fired power station to run on natural gas have gone to public consultation. The operator said it also notified the UK planning inspectorate about its intention to build a new natural gas pipeline and a 200-MW battery storage at the site near Selby, North Yorkshire.

ABB to optimize its transformer manufacturing

Nov 8 – Swiss-based ABB has announced a strategic realignment of its global transformer manufacturing, engineering and service divisions. In the United States, ABB will consolidate its power transformers manufacturing footprint by investing in its South Boston and Crystal Springs units and discontinue production at its unit in St. Louis, Missouri, which will continue to focus on engineering and service activities.

Flow-Cal launches on-demand gas measurement software

Nov 7 – Flow-Cal Inc., a Houston-based a developer of measurement data management software, has launched CALCit.Cloud, a an on-demand measurement calculator for natural gas and petroleum liquids. It allows users to perform various spot calculations, including gas volume, plate size, liquid correction factors and speed of sound. The source code of the application is in C computer language, or as a DLL that can be integrated into other applications. 

Russia, Iran sign MoE on gas cooperation

Nov 6 – A number of documents, aimed at fostering Russian-Iranian cooperation in the gas sector, were signed in Tehran over the weekend during the visit of the Russian President Vladimir Putin to Iran. The parties will evaluate prospects in developing Iranian gas fields with subsequent monetization either through liquefaction and export or petrochemical production. Gazprom and National Iranian Oil Company (NIOC) also signed a MoU to work together on the Iran-Pakistan-India gas pipeline project.

MHI to launch new engineering company in 2018

Nov 3 – Mitsubishi Heavy Industries (MHI) will launch a dedicated engineering company on January 1, 2018, to be named Mitsubishi Heavy Industries Engineering, Ltd. The new company, to be formed under an absorption-type split, will take over MHI's engineering businesses relating to chemical plants, transportation systems and environmental technologies. Shigehisa Kobayashi will serve as the new company’s inaugural President and CEO.

AsiaPacific drives growth in global GT market

Nov 2 – Urbanisation and rapid economic growth in Asia Pacific will dominate market during the forecast period, according to MarketsandMarkets. The global market for gas turbines is expected to grow from an estimated $17.51 billion in 2017 to $20.66 billion by 2022, at a CAGR of 3.36%.

Global Power divests Mexico facility for $3.5m

Nov 1 – Global Power Equipment Group has completed the sale of its facility in Mexico and the auction of the remaining production equipment for net proceeds of $3.5 million – about $1.5 million of which will be used to reduce debt. Following the divestment of its Mechanical Solutions segment, Global Power will focus on Electrical Solutions and Services.

GE’s Predix to enhance performance at Energo fleet

Oct 31 – Pakistan-based utility Energy has contracted GE to roll out Predix across its power  generation fleet in Pakistan and Nigeria. Under the 10-year agreement, GE will implement its asset performance management solution, Predix, at Energy’s six power plants with combined capacity of 1,500 MW. The facilities include the 220MW Engro Powergen Qadirpur CCGT, Engro 660MW Thar power plant, 450MW Kolachi CCGT and two new-built wind power sites in Pakistan, as well as the GEL 75MW facility in Nigeria.

Cummins, Microsoft team up in fuel cell lab

Oct 30 – Columbus-based Cummins, a large US maker of diesel engines, has partnered with Microsoft and McKinstry by opening an Advanced Energy Lab in Seattle. The aim is to demonstrate that an enclosed facility, e.g. a data centre, can run without power from the grid by integrating fuel cells directly into the 20-rack data center.

Construction starts for Żerań CCGT in Warsaw

Oct 27 – PGNiG Termika and the consortium of Mitsubishi Hitachi Power Systems and Polimex-Mostostal have laid the foundation stone for a new combined-cycle gas turbine unit at the Żerań cogeneration power plant in Warsaw. The new unit (output 490 MWe, 326 MWt) will be build by the MHPS/Polimex consortium under an EPC contract; handover is scheduled for 2020.