Estonia's Eesti Energia to Import Novatek Gas
Estonia's energy group Eesti Energia is all set to import gas from Russia's largest private gas company Novatek via Lithuania's LNG terminal based in Klaipeda, which is operated by KN, in September.The contract with the new Klaipeda LNG terminal user was signed on Thursday. It is planned that the first cargo of Eesti Energia in the history of Klaipėda LNG Terminal will arrive in Klaipėda at the end of September. “The contract signed with Eesti Energia confirms that…
Klaipeda LNG in Full Capacity
Lithuania's liquefied natural gas (LNG) terminal Klaipėdos Nafta (KN) said that its terminal capacities are now fully booked for the rest of the Gas Year, following the favorable situation in the international gas markets that has been determining the highest operative efficiency of the LNG terminal since the launch of its activities.The Gas Year is calculated from 1 October of the current year until 30 September of the following year.According to a press note from the operator of the Klaipėda Oil Terminal based in Klaipėda…
BW Group, Mitsui Form FSRU Joint Venture
A joint venture agreement between Japan’s Mitsui & Co. and Singapore’s BW Group Limited will see Mitsui purchase a 49 percent share in the floating storage and regasification unit (FSRU) BW Integrity, while BW will maintain a 51 percent share. The deal is expected to close as soon following payment for the acquisition. BW Integrity is currently in Port Qasim on a 15-year charter to PGP Consortium Limited (PGPC), to provide LNG regasification services at Pakistan’s second LNG import terminal. BW will continue to provide commercial and technical management services.
First Gas-Up Operation at Jebel Ali LNG Import Terminal
Excelerate Energy L.P., in collaboration with Dubai Supply Authority (DUSUP), has completed the first commercial gas-up operation at DUSUP's Jebel Ali LNG Import Terminal via Excelerate's floating storage and regasification unit (FSRU) Explorer on August 31, 2016. The FSRU gassed-up all five tanks of a 173,000 m3 LNG Carrier, in a 17-hour period. DUSUP's ability to utilize the FSRU for these operations will allow LNG vessels departing regional dry docks avoid having to travel significant distances to perform this required step in the LNG cargo cycle…
