• Natural Gas News

    Natural Gas Daily: September 3rd, 2020

Summary

Daily digest of the latest natural gas news and LNG news by Natural Gas World.

by: NGW

Posted in:

Complimentary, Covid-19, Daily Digest, Top Stories

Natural Gas Daily: September 3rd, 2020

Bangladesh to Buy LNG from Spot Market: Press

The Bangladesh government has approved the country's first purchase of LNG from the international spot market, United News of Bangladesh (UNB) reported on September 2. The shipment is 3.5mn Btu in size.

  • Once self-sufficient in gas, Bangladesh has turned to importing LNG in order to meet its surging demand for power. It has been importing LNG from Qatar and Oman under long-term contracts for the last two years.

 

Chevron Delays Gorgon Train 2 Restart

Chevron Australia said it would take more time to complete repairs of propane heat exchangers on LNG Train 2 at the Gorgon plant site off Western Australia. The restart is now expected next month.

  • The news that Chevron has agreed to acquire Noble Energy is generating headlines – and not only because it is the largest oil and gas deal to be announced since the industry entered a rapid downturn this year.

 

UK Awards 113 Licences in 32nd Offshore Round (Update)

The UK's Oil and Gas Authority (OGA) has awarded 113 licence areas to 65 companies in the country's 32nd offshore licensing round, it said.

  • Deltic Energy won six licences covering 12 full and partial blocks. One was awarded jointly to Deltic and Shell, which will have a 70% interest. The major has teamed up with Deltic to drill two wells in the southern North Sea's Pensacola prospect, for which it has analysed the seismic data; and the Selene prospect.

 

Husky Moves Closer to Chinese Gas Field Start-up

Canadian producer Husky has completed the subsea tie-in of the Liuhua 29-1 gas field in the South China Sea, it said on September 2, with production expected to start by November.

  • Liuhua 29-1 is part of the $6.5bn Liwan gas project, which also comprises the Liwan 3-1 and Liuhua 34-2 fields, which came on stream in March and December of 2014. Husky has 49% stakes in these two deposits, with Cnooc controlling the remaining interests.
  • China’s gas production in 2020 is likely to maintain the strong growth momentum seen in the past two years, as the country’s top officials plan on a greater reliance on domestic resources to ease a reliance on foreign imports.

 

Japan's K Line Plans Carbon Capture Plant on Vessel

Japanese shipping company Kawasaki Kisen Kaisha (K Line) on August 31 announced it would deploy a small-scale, marine-use demonstration plant for CO2 capture onboard a vesselin collaboration with two project partners. It will also conduct research and development on compact facility design.

  • This project will not only verify the efficacy of capturing and storing CO2 from a vessel’s gas emissions, but also the operability and safety of CO2 capture facilities at sea, the company said.

 

Denmark Lowers 2023 Gas Output Forecast by 4%

The Danish Energy Agency (DEA) has cut its forecast for Denmark's commercial gas production in 2024 by 4% to 3bn m3, it said on September 2.

  • Output is expected to come to 1.1bn m3 in 2020, down from around 3bn m3 last year, due to the shutdown in September 2019 of the country's largest gas field Tyra.