Project Progress & Updates

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UK-based CompactGTL has signed a Memorandum of Co-operation (MoC) to build what could become the world’s first commercial small-scale gas-to-liquids project – a 3,000 b/d plant in Kazakhstan.
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India’s Petronet LNG has taken a significant step towards further increasing the nation’s LNG import capacity with the award of an engineering, procurement and construction (EPC) contract for expansion of its Dahej regasification terminal.
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Recent weeks have seen a string of new developments involving proposed US LNG export projects that together up to a significant acceleration of what was already a stampede.
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The potential for floating liquefaction facilities to reduce the cost of new supply projects – or at least to make costs more controllable and predictable – appears to be rapidly gaining acceptance amongst the sponsors of major new gas developm
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The prospect of carbon capture and storage (CCS) technology being applied to power stations fuelled with natural gas has come a couple of steps closer with two breakthroughs announced in February.
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GDF Suez and project partner Marubeni have chartered what will be the world’s largest floating storage and regasification unit (FSRU) when it starts up, for an LNG import project in Uruguay.
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One of the world’s first floating production, storage and offloading (FPSO) LNG projects has reached a significant milestone with the start of the laying of its keel.
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BG Group is poised to begin commissioning the first liquefaction train at its Queensland Curtis LNG (QCLNG) project in Australia, following the arrival of first gas from the Surat Basin gas fields in December.
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  • Contributed by: Susan L. Sakmar, Independent consultant, author and adjunct law professor, University of Houston Law Center
From the Arctic to the United States and almost everywhere in between, there are numerous LNG projects in various stages of development. Gastech Insights asked Susan Sakmar to share which LNG projects she is watching this year.
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  • Interview with Jefferson Edwards, GM - Global Gas & LNG Market Development, Integrated Gas, Upstream International, Shell
As reported by Shell’s LNG Outlook 2017, the future LNG demand growth will be driven by: policy, floating storage regasification units (FSRUs), replacing declining domestic gas production, small-scale LNG and transport.
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  • Interview with Andrew Walker, Vice President LNG Strategy, Cheniere Marketing
LNG is growing seven times faster than pipeline gas and as such, by 2035, it will account for around half of globally traded gas.
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  • Contributed by: Melanie Lovatt, Finance Advisor, Poten & Partners
If all things go according to plan for the sponsors of the Fortuna project in Equatorial Guinea, three floating liquefaction (FLNG) projects will manage to complete their fundraising this year.
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  • Contributed by: Mary Hemmingsen, EVP and CFO, Northwest Innovation Works
*This article was contributed by Mary Hemmingsen when she worked at KPMG as Partner, National Sector Leader, LNG, Power and Utilities.