LNG News: Detailed Analysis for June 21, 2024
Adriatic LNG Launches Open Season 2024
Adriatic LNG has announced the launch of Open Season 2024, offering the market regasification capacity available from January 2029 to December 2049. This long-term opportunity allows potential customers to secure access to regasification services, ensuring the ability to meet future energy demands. The extended timeframe for capacity availability underscores Adriatic LNG’s commitment to providing stable and reliable energy solutions.
Golden Pass LNG Blames Zachry for $2 Billion Cost Increase
Golden Pass LNG, sponsored by Exxon and QatarEnergy, has accused Zachry, a major contractor, of abandoning the Gulf Coast export project, resulting in a $2 billion cost increase and jeopardizing the construction timeline. This dispute highlights the significant financial and operational risks involved in large-scale LNG projects and the critical importance of reliable contractor partnerships in maintaining project schedules and budgets.
EU Agrees First Sanctions Against Russian LNG Flows
The European Union has agreed to implement its first sanctions targeting Russian LNG, banning the transshipment of Russian LNG through European ports. This move marks a significant escalation in the EU’s sanctions regime and reflects ongoing geopolitical tensions. The sanctions are expected to impact the global LNG supply chain, potentially leading to shifts in LNG trade routes and affecting global LNG prices.
HEH Expands Management Team
The Hanseatic Energy Hub (HEH) project in Stade, Germany, is entering its construction phase with the expansion of its management team. Alejandro Marjalizo, the new Chief Technical and Operations Officer and member of the Management Board, will oversee the technical management of the project. This expansion aims to strengthen the project’s leadership and ensure successful execution during the critical construction phase.
EverLoNG’s Second Demonstration Campaign Underway as SSCV Sleipnir Sets Sail
Heerema Marine Contractors' SSCV Sleipnir has set sail with the EverLoNG ship-based carbon capture prototype onboard, marking the start of EverLoNG’s second demonstration campaign. This initiative aims to capture carbon emissions directly from the ship’s exhaust, offering a potential solution for reducing the maritime industry's carbon footprint. Successful implementation could pave the way for broader adoption of carbon capture technology in LNG transportation.
Shell Starts Term LNG Supplies to Morocco via Spain
Shell has commenced long-term LNG supplies to Morocco via Spain, delivering the first cargo under a contract with Morocco’s National Office of Electricity and Drinking Water (ONEE). This supply chain enhancement underscores the strategic importance of LNG in diversifying Morocco’s energy mix and bolstering energy security. The use of Spain as a transit point highlights the interconnectedness of European and North African LNG markets.
Woodfibre LNG Receives BCEAO Order to Move Floatel to Site
Woodfibre LNG has received a Compliance Order from the BC Environmental Assessment Office (BCEAO) to deploy its floatel to the project site. The floatel will accommodate non-local workers, adhering to the amended Environmental Assessment Certificate. This regulatory compliance step ensures the project meets environmental and social standards, addressing workforce housing and minimizing local community impacts.
Job Opportunities in the LNG Industry
LNG Project Engineer - United States
LNG Plant Operations Manager - Qatar
LNG Logistics and Distribution Specialist - Germany
Energy and Environmental Consultant - Mexico
LNG Process Engineer - Nigeria
Energy Market Analyst - Japan
LNG Business Development Manager - Brazil
LNG Plant Maintenance Supervisor - Australia
LNG Ship Design and Construction Engineer - South Korea
LNG Regulatory Compliance Coordinator - United Kingdom
📩 For more details and to apply for these positions, please send a direct message to our LinkedIn page.
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