LNG2019 Principal Sponsors Show daily sponsored by

THE OFFICIAL LNG2019

SHOW DAILY BY

Tuesday 2 April 2019 SHOW DAILY upstreamonline.com

READY FOR THE SHOW

Welcome to LNG19 Pages 7, 8 and 9
Training Course Highlights  Page 7
In the picture... Pages 10&11
Conference Programme Page 12
Around Shanghai Page 13
General Information Page 13

Cargo pressure

Bumper year for Asian LNG stocks put

squeeze on spot market
prices. Page 6

sector sails
CNOOC plans
Chinese giant aims for
big jump in LNG capacity.
 Page 14

into view Egypt gears up

Rising domestic output
fuels options for return
to export role. Page 15

At the tipping point

Big changes
ahead
for LNG
THE liquefied natural industry.
Page 16
gas industry is set for a
record year in terms of Tangguh on track
both production growth BP keeps to schedule
and new project final in Indonesia. Page 17
investment decisions
FLNG in spotlight
— and the big LNG Giant Prelude project
customers are back in tunes up, while Satu also
the market. Page 2 makes progress. Page 20
Photo: ABB

Get up to speed with the

latest news from the world
Saga sees opportunities for Qatar nears decision over of oil and gas. Visit us at
Stand 3329 or log on to

smaller LNG vessels  Page 4 partners for expansion Page 18

www.upstreamonline.com

EXPERIENCE
COUNTS
经验丰富
至关重要
2 Show Daily Tuesday 2 April 2019

INDUSTRY OUTLOOK

Record year
for global
LNG coming
into view
More than 60 million tonnes
of new liquefaction capacity
set to be sanctioned in 2019
UPSTREAM STAFF
Singapore

THE liquefied natural gas industry Arctic LNG 2 project in Russia, at

is set for a record year in terms of least one project in Mozambique
both production growth and new and three in the US.
project final investment decisions As well at the recently sanc-
— and the big LNG customers are tioned Golden Pass project, Wood-
back in the market. Mac tipped Calcasieu Pass and
Consultancy Wood Mackenzie Sabine Pass Train 6, all three of
forecasts that 2019 will be a record which are in the US, as the most
year in terms of LNG project sanc- likely candidates for sanction this
tions, with final investment deci- year.
sions likely to be taken for more “The small Woodfibre project in
than 60 million tonnes of capac- Canada may also get the green
ity. light in 2019 as well,” said Wood-
This would be significantly Mac research director, Giles
higher than the previous record of Farrer.
45 million tonnes sanctioned in “Other projects in the US, Qatar,
2005 and almost three times the Papua New Guinea, Australia and
21 million tonnes that was Nigeria are targeting a final
approved last year. investment decision in 2019, too,
New long-term sales contracts providing upside to our already
might help to spur the required bullish view.”
investment in grassroots liquefac- This investment in grassroots
tion projects, according to super- LNG projects is needed to help
major Shell in its recently pub- arrest a potential supply deficit in
lished 2019 LNG Outlook. the next decade, according to
The Anglo-Dutch giant noted Shell.
that from 2014 through to 2017, “We saw Asian LNG demand
LNG buyers had increasingly been growth exceed expectations again
looking to sign shorter, smaller in 2018 and we expect this strong
and more flexible contracts. growth to continue. Investment
Shell had warned in its LNG in new supply projects is picking
Outlook the previous year that up, but more will be needed soon,”
this mismatch between suppliers added Wetselaar.
and buyers’ needs would have to WoodMac’s forecast for 2019 is
be resolved to enable developers to for the European benchmark title
progress with new projects but transfer facility (TTF) to average
suggested that the mismatch $6.9 per million British thermal
could become a thing of the units ($8 per million Btu in 2018)
past. and Asian spot LNG prices to aver- On course: the LNG sector is set for a bumper year ahead through production growth and
“Encouragingly, for the long- age $8.5 per million Btu versus new final investment decisions
term health of the global LNG $10.3 last year, assuming normal
market, the average length of con- weather patterns. down, a more considered reported US LNG player Tellurian casts global LNG supplies this year
tracts signed more than doubled “While there will be more LNG approach on coal-to-gas switching in its market commentary. to increase by 35 million tonnes to
from around six years in 2017 to imports than required, providing and increased domestic infra- Looking ahead, India’s National 354 million tonnes — all of which
about 13 years in 2018,” said competition to pipeline imports structure availability. Clean Air Action Plan is intended will be absorbed by customers in
Maarten Wetselaar, integrated gas and putting pressure on prices, Wetselaar noted that the con- to reduce PM 10 and 2.5 particle Asia and Europe.
and new energies director at Shell. we think this is unlikely to bring tinued surge in Chinese LNG concentrations by 20% to 30% over Meanwhile, global LNG demand
That trend might bode well for the level of oversupply that some imports has helped improve air the next five years and this could is set to increase to around 384
sanctioning of new projects, but fear,” said Farrer. quality in some of the nation’s spur further LNG imports into the million tonnes in 2020 and Shell
there could still be a few testing He believes Asian LNG demand biggest cities over the last few South Asia nation. anticipates supplies to tighten in
years ahead. growth will not keep pace with years. Both Australia and Qatar are the mid-2020s.
“The earliest that (new) LNG supply and Europe, in particular “China’s success in making the expected to boost their LNG One threat to the global LNG
projects are going to come on northwest Europe, will absorb the air cleaner for millions of people exports this year and both are market would be an economic
stream is 2024… there is a period surplus, especially during the shows the critical role that natu- well positioned to supply rapidly downturn. Following eight years
of time when demand is going to, summer months. ral gas can play in providing more developing economies across Asia of global economic growth, econ-
is projected to, not have the sup- China is expected to see LNG and cleaner energy around the with the gas they need to improve omists agree the next downturn
ply to meet it. demand growth this year at world,” he said. air quality by displacing coal. is simply a matter of when and
“So in terms of the tightness in around 20% — by far the largest Meanwhile, South Korea on 1 Strong demand for cleaner-burn- how deep, according to WoodMac.
the market, the early 2020s is cer- such rate in the global market. April reduced by more than 80% ing fuels in Asia last year contin- “A recession would bring gas/
tainly a period when it could However, this is still signifi- the import fee for LNG for power ued to drive rapid growth in LNG LNG demand and oil prices down,
occur,” he said. cantly lower than in 2017 and 2018 generation — a reduction intended utilisation, with global demand delay final investment decisions
Front runners in the race to when demand growth was 40% to to make LNG more competitive in increasing by 27 million tonnes to and push the global LNG market
take a final investment decision 45%. WoodMac attributes this accordance with its environmen- 319 million tonnes, according to back a few years,” cautioned
this year include the $27 billion slower rate to the economic slow tal benefits relative to coal, Shell’s outlook. The company fore- Farrer.
4 Show Daily Tuesday 2 April 2019

Sempra ASIA

gains ECA
approval
SAN Diego-based Sempra
Energy has received approvals
from the US Department of
Energy (DOE) for its Energia
Costa Azul (ECA) project in Baja
California, Mexico.
Sempra revealed it has
received two authorisations
from the DOE to export US-pro-
duced gas to Mexico and re-ex-
port from its ECA project to
countries that do not have a free-
trade agreement with the US.
The DOE authorisations
allow for 646 billion cubic feet
of US-sourced LNG per annum
to be sent to ECA. However,
Sempra noted that further DOE
approvals will be required for
the project to export at its full
capacity once both phases of
the development are complete.
The first phase of development
will see a single train LNG facil- New dawn: Saga LNG Shipping
ity built adjacent to an existing chief executive David Wu
receiving terminal, with the Photo: SAGA LNG SHIPPING
project to utilise existing LNG

Saga looks to cash in with

storage tanks, marine berth and
associated facilities.
The second phase of develop-
ment will see the construction
of a further two trains and an
LNG storage tank, and the

small and mid-sized fleet

expanded project would have
an expected export capacity of
14.5 million tonnes per annum.
“The timing of these approvals
is great news as we meet with
customers and partners this
week in Shanghai [at LNG2019],” LNG carrier outlines plans as it sees an
Sempra chief operating officer
Joseph A Householder said. increasing demand for diversity ahead
“ECA LNG will source natural
gas from some of the fast- UPSTREAM STAFF
est-growing production regions Singapore
in the US and provide our cus-
tomers with a competitive
advantage in accessing world SINGAPORE-based Saga LNG Ship- capacity ranging from 45,000 to old, having been in service for built at facilities owned by China
markets, especially Asia.” ping is looking to expand its fleet 80,000 cubic metres over the next about 24 years. “Local and regional Merchants Heavy Industry
Sempra is yet to take the final over the next couple of years, eight years. trades will require a diversity of (CMHI) in Haimen in eastern Chi-
investment decision on the pro- seeking to cash in on emerging He said that the LNG shipping vessels, particularly medi- na’s Jiangsu province, while the
ject, which is still subject to the global demand for small-to-me- market has a desperate need for um-sized LNG carriers,” Wu said. LNG containment system was
company obtaining financing, dium sized liquefied natural gas small-sized LNG vessels to cater to To serve demand growth, a fleet provided by Shenghui Gas
binding customer commitments, vessels. the market along inland water- of up to 30 mid-sized vessels will Equipment of Zhangjiagang in
completing commercial agree- Company chairman and chief ways. be needed by 2020 and a fleet of up China.
ments and securing all necessary executive David Wu told Of the total some 500 LNG ves- to 95 such units may be required The LNT fuel box solution for
permits, including additional Upstream in an interview that his sels in the world today, only nine by 2030, according to Wu. containment is intended to offer a
export authorisations from the company has outlined plans to have capacity between 30,000 and As new rules set by the Interna- simple and robust primary barrier
Mexican and US governments. build up to 20 LNG carriers with 90,000 cubic metres and they are tional Maritime Organisation that is built independently and in
(IMO) to significantly reduce the parallel with the hull.
maximum sulfur content of The system is flexible and offers
marine fuel from 3.5% to 0.5% will high volume utilisation, while
be introduced on 1 January 2020, sloshing is mitigated by its inter-
more and more vessels are nal structure and the system is
expected to be retrofitted to be accessible for inspection and
powered by LNG. That, in turn, is maintenance, according to Wu.
expected to boost demand for He said that the design is suit-
smaller LNG carriers to ship the able for LNG bunkering vessels to
clean fuel for bunkering purposes. floating storage and regasifica-
Saga, which was incorporated tion units ranging from in capac-
in Singapore in 2015, is scheduled ity from 1000 to 100,000 cubic
to start gas trials of its first mid- metres.
sized LNG tanker in late April Wu is optimistic that strong
before delivery in May. demand for LNG vessels in the
The 45,000-cubic metre Saga 12,000 to 80,000- cubic metre
Dawn is Saga’s first to include the “A range for service along China’s
Box” containment system design Yangtze River will lead him to
owned by Saga’s sister company LNT place more orders soon.
Marine. Both Saga and LNT Marine He has already lined up plans
are owned by Wu’s Sino-Norwegian to order two more vessels, each of
boutique ship finance outfit Land- 28,500-cubic metre capacity,
mark Capital. with one firm order and an option
The strength of demand for for another unit, with contracts
mid-sized LNG vessels is shown expected to be signed in the sec-
by the fact the Singapore-flagged ond half this year.
Saga Dawn, which was christened He calls the potential new
in early March, already has a con- units to be ordered ‘Wuhan max’,
tract for a five-year charter, Wu as they will be the largest possi-
said, though he declined to name ble LNG vessels allowed to sail on
the client. the Yangtze, where Wuhan is one
The hull of the Saga Dawn was of the major port cities.
6 Show Daily Tuesday 2 April 2019

LIQUEFIED NATURAL GAS

Asian LNG stocks

put pressure on
spot cargo prices
Market struggles with benchmark amid
sluggish demand as some customers
turn away supplies and deliveries line up
UPSTREAM STAFF
Singapore
Capacity: China currently has plenty of LNG in storage
Photo: REUTERS/SCANPIX

THERE might well be tightness in said to be based on sufficient savvy enough to secure much of benchmark currently around $4.8 weakness due to sluggish demand
the liquefied natural gas market stockpiling in the autumn and a these volumes on term contracts, per million Btu, according to in north Asia is the increased
in the 2020s if new volumes are milder than usual winter. thereby dealing another blow to Reuters. LNG supply from projects in
not brought online, however this Also, Japan has restarted more sellers’ hopes of a rise in spot This is understood to be the Australia, the US and Russia, plus
year is highlighting just how of its nuclear capacity, in turn prices. first time that Asian markets Egypt is now back in the market
fickle a mistress the industry can reducing the level of LNG imports. Currently there is simply too have dropped below that of offering cargoes for delivery in
be. Some Chinese companies have much uncommitted LNG in the the European benchmark since April through to June.
LNG spot prices for May delivery been reselling cargoes on the open market and producers will now be the US started exporting LNG in Global LNG supplies in February
into northeast Asia were last week market, while at least one cargo looking to European customers to 2016. were up 12% year-on-year, putting
being quoted as low as US$4.3 per destined for an Indian import increase imports. This pricing differential might further pressure on prices, and
million British thermal units — a facility was reportedly diverted to The Japan Korea Marker, the make it attractive for cargoes to be volumes in the market this year
level not seen for around three Europe. benchmark for Asian spot car- diverted from Asia to Europe but are expected to increase by 10%
years. Not only does China have plenty goes, has fallen below the Title such low prices are not good news compared with 2018, according to
Asian customers have been of LNG in storage tanks around Transfer Facility price in the for producers and traders. UK-based consultancy Energy
turning away cargoes — decisions the country, its purchasers were Netherlands — a European Compounding the price Aspects.
LNG2019 Principal Sponsors Show daily sponsored by

TUESDAY 2 APRIL 2019

Welcome from the

LNG2019 Host Group
T
he LNG2019 Host Group is delighted to
welcome you to Shanghai for the 19th
International Conference & Exhibition on
Liquefied Natural Gas. 
This is the first time that the LNG X conference has
been held in China. 
We appreciate your attendance and contribution to
the world’s largest gathering of the LNG industry.
Shanghai, the host city of LNG2019 is the
international metropolis of China, committed to
building a centre of trade and a platform for science
and innovation. 
Thanks to efforts to optimise the energy structure
and reduce emissions, China has become the world’s
fastest growing LNG market, which attracts the
interests of LNG players from around the world.
This week, more than 11,000 attendees from over
80 countries, representing 550 corporations meet
together under the theme of ‘LNG for a Sustainable
Energy Future’. 
The conference is expected to be an innovative,
strategic and technical event, reflecting the growing
prominence and resilience of LNG as a sustainable
choice in the global energy mix.
Welcome again and we hope you enjoy our event
and have a wonderful visit in Shanghai.

Training Course Highlights

YESTERDAY LNG Worldwide Ltd and King
& Spalding both hosted half day Training
Courses at the Intercontinental Expo Hotel,
with the aim to provide delegates with industry
specific and up to date training to further their
professional growth and understanding of the
gas industry. 
Both courses were CPD accredited, meaning
that all attendees will receive certificates upon
completion. Thank you to everyone who
attended!
8 Show Daily Tuesday 2 April 2019

International Institute of Refrigeration Director General Didier Coulomb

Photo: IIR

Welcome
Ron Snedic, Senior Vice President, Corporate Development & President, GTI
International  Photo: GTI
from the
Welcome International
from GTI Institute of
T
hank you for choosing to participate in this landmark event and travelling
from all corners of the world to attend LNG2019! 
We’re very excited to be hosting the event for the first time in China, the
world’s fastest growing LNG market. 
China became the world’s second largest LNG importer in 2017 with imports of 38
Refrigeration
million tonnes, 46% higher than the previous year.

W
We’re delighted to be in Shanghai, the international metropolis of China.  elcome to the 19th edition of the International Conference &
It is home to over 24 million people, the country’s largest city by population.  Exhibition on Liquefied Natural Gas (LNG2019). 
As an economic, financial, trade, transportation, science and innovation centre, this Held in the historic city of Shanghai, the heart of China’s business hub,
beautiful city provides the perfect backdrop to host some 10,000+ conference and this world-class event is the only LNG event conducted by the industry,
exhibition attendees from 550 organisations at LNG2019. for the industry.
The country’s extensive LNG infrastructure is highlighted in Shanghai, which is Co-founded and co-organised by the International Institute of Refrigeration (IIR) in
home to 21 LNG receiving terminals.  1968 alongside the International Gas Union (IGU) and the Gas Technology Institute
I hope you were able to participate in the technical tour of Shenergy’s gas facilities (GTI), the LNG X series has grown into the most important and significant global LNG
in Shanghai, their YangShan LNG Terminal and LinGang Power Plant, on Monday. It event with its key aim to conduct a strategic, technical and commercial event for the
was a great opportunity to see China’s industry in action. industry. 
The International Conference & Exhibition on Liquefied Natural Gas (LNG X) series This year’s 19th edition is hosted by the China LNG Association, the China Gas
represents every step of the LNG value chain.  Society, the Chinese Association of Refrigeration and the China Gas Association, with
This year’s theme “LNG for a Sustainable Energy Future” focuses on the industry’s the support of the Shanghai Municipal People’s Government.
challenge of answering an increasing demand for reliable and cleaner sources of Natural gas is an essential part of the solution to the dual challenge of growing
energy.  energy demand and minimising emissions, while at the same time delivering on
The conference will highlight the strategic, commercial, financial, and technical sustainable development obligations. 
solutions and discussions taking place within the industry to create a sustainable As such, natural gas will play crucial environmental and economic roles on a global
energy future and showcase the role that LNG can play. scale, and will help to integrate the growing shares of renewables into our rapidly
Whichever channel it is — the Plenary Programme, LNG Forum interactive sessions, evolving energy systems.
Spotlight Sessions featuring case studies, paper sessions on technical and commercial According to the 2019 IGU World LNG Report, the global LNG trade in 2018 reached
topics, or the interactive Research & Innovation Showcase — you will experience 316.5 million tonnes — a fifth consecutive year over year growth of almost 10%. 
engaging presentations from 240+ dynamic and engaging speakers on the most This annual volume of liquefied natural gas means that LNG is, and will remain, the
relevant and compelling LNG topics. largest use of cryogenics. 
Over the next week, you will meet thousands of LNG professionals from all over As an exclusive platform of an industry that has not yet reached its full potential,
the world and have an opportunity to build relationships and perhaps strike up some this conference aims to bring together experts in the field from around the world to
deals.  exchange knowledge, discover the latest techniques and make key contacts.
You will be able to visit with 250+ global exhibitors to see new product This latest edition of a triennial event will once again address a wide variety of
demonstrations and technology innovations in action. LNG topics, such as focusing on the industry’s global outlook, discovering new LNG
You will walk away from this premier event with insight on the role that LNG can markets, exploring the different ways to ensure LNG remains sustainable, and will
play in cost effectively addressing greenhouse gas open the doors to more business opportunities within the industry.
emissions, while providing the energy needed to Whether by way of its Commission A2 on Liquefaction and Separation of Gases,
drive economies and improve the standard of living the CryoHub EU research project that it is a part of, or its Working Group dedicated
across the globe. to Whole-body Cryotherapy or Cryostimulation, the IIR has developed a strong and
Take all of that back home with you, and integrate extensive network of experts in the
these valuable insights into your business to help field of cryogenic technologies and
further your success in the LNG market.  applications.
Thank you for making the journey and spending As a proud co-owner of the LNG
your time with us as we consider the future of LNG. event series, the IIR wishes all delegates,
Let’s make it a memorable one! honourable speakers and guests an
enriching and fruitful conference.
Ron Snedic,  Didier Coulomb
Senior Vice President, Corporate Development, & Director General
President of GTI International,  International Institute of
GTI and Chairman, LNG2019 Steering Committee Refrigeration
 Tuesday 2 April 2019 Show Daily 9

Welcome to the LNG2019

Global Conference!
I
would like to take this opportunity to welcome all of you, affordable energy to improve quality of life. The over 160-strong
our distinguished guests, and thank you for joining us here IGU members span across five continents, and represent over
in Shanghai. This is the place to be for the global LNG 94% of the world’s gas production and consumption.
industry, as it is the place to learn, network, engage and The developing countries’ needs to fuel economic opportunity
enjoy all that this city has to offer. and tackle the acute challenge of poor urban air quality, while
This is the main LNG industry event in the world, which will reducing emissions, will significantly contribute to the growth in
give you the opportunity to engage with a critical network of natural gas demand. 
colleagues and hear from the most prominent leaders of the With the ongoing LNG market and technology evolution, more
industry today.  and more players are able to join the market. 
I hope that you will find your time here to be truly worthwhile, Floating technologies are enhancing access and reducing costs,
as you interact with a diverse and impactful group of energy and every year, we keep seeing new entrants into the market, as
industry leaders and key stakeholders, from government officials, most recently Panama and Bangladesh have joined the ranks of
to policy makers, and members of the financial community.  LNG consumers.
I also hope that you will use it as a valuable learning The natural gas industry has enthusiastically embraced the
opportunity. challenge to be environmental leaders. 
LNG2019 will feature informative sessions and events that will We will work hard to ensure that we are supporting a
cover the latest energy innovations and technologies, financial sustainable future and preserving our planet for the next
and legal aspects of the business, as well as the most pressing generations. 
global challenges and opportunities that our industry is facing To this end we are focused on supporting efforts towards the
now and should prepare for in the future. methane emissions challenge.
The National Organising Committee has worked hard to Finally, I would like to express my gratitude to everyone who
come up with an interesting and diverse agenda that reflects made this event and this organisation possible. 
key urgent and emerging issues, debated by the most respected Thanks to the sponsors, without whom this could not have
global experts.  been delivered!
I encourage you to actively engage in discussions and to offer I very much look forward to participating in this outstanding
your thoughts on the role of natural gas in a sustainable energy event, learning from it and
future. meeting as many of you as I
Your presence here also helps to inform and strengthen the can!
global voice of gas.  I am confident that together,
The International Gas Union (IGU) is one of the three we can and will deliver a
organizing partners for this triennial event, joining forces with sustainable future powered by
our colleagues from the GTI and IIR.  gas!
Since the IGU’s formation in 1931, our not-for-profit
organization has advanced the technical and economic interests Joe Kang IGU President Joe Kang
of the global gas industry, while striving to provide
LNG2019 Advert App 246 X 181 No logos.pdf 1
safe,
01/04/2019 08:34
IGU President Photo; ANDREW MANGUM

CM

MY

CY

CMY

K
10 Show Daily Tuesday 2 April 2019

In the picture at the LNG2019

 Tuesday 2 April 2019 Show Daily 11

9 Welcome Reception...
 08:30 – 09:45
Future

LNG BASICS TR
109:00 – 10:15

LNG BASICS T
MONDAY APRIL TUESDAY 2 APRIL
12 Show Daily Tuesday 2 April 2019
NETWORKING COFFEE BREA
LNG BASICS TRAINING 1/2 Day

NETWORKING WELCOME COFFEE 09:45 – 10:00 – 12:30

NETWORKING
COFFEE BREAK 08:30 – 09:00
COFFEE BREAK
Conference Programme 11:00 – 12:00
11:00 – 12:00

TECHNICAL TOUR

TECHNICAL TOUR
REGISTRATION

REGISTRATION
Tuesday
The Global Outlook 2 April
for LNG
10:15 – 11:00 NETWORKING OPENINGDigital CEREMONY
and Drivers for
Conference delegates can pick up a copy of DELEGATE
the LNG2019 NETWORKING
Pocket Guide from
LUNCH 09:00Sustainable
– 10:15 Demand
DELEGATE LUNCH
Registration for more conference information. Don’t forget to downloadFuture
the NETW

EXHIBITION OPEN
12:00 – 13:15 Creation

EXHIBITION OPEN
LNG2019 Event App for more event information, including full12:00 – 13:15 and
programme DELEGA
Across the
RIL TUESDAY 2 APRIL
speaker profiles, plus much more. WEDNESDAY 3 APRIL World12:30
1/2 Day
L TUESDAY
TUESDAY 22 APRIL
APRIL
NETWORKING WEDNESDAY
WEDNESDAY
10:00 3 APRIL
– 12:30 3 APRIL
10:00 – 12:30
WELCOME COFFEE
LNG2019 will highlight the strategic, commercialNewandLNG WELCOME
technical COFFEE
solutions and
08:30 –place COFFEE BREAK
09:00within Markets
08:00
L discussions taking New––LNG
the industry to create a sustainable
TUESDAY 2 APRIL08:30
bothMarkets WEDNESDAY 3 APRIL
WELCOME
WELCOME COFFEE
COFFEE11:00 – 12:00 WELCOME COFFEE
environmentally considerate 13:15
and maintainable in the long termWELCOME
– 14:30 – energy COFFEE
13:15 – future.
14:30
TECHNICAL TOUR

BASICS TRAINING

APRIL
LIL 08:30
08:30–– 09:00
09:00
TUESDAY
TUESDAY
TUESDAY
22APRIL
APRIL
2 APRIL The AGlobal08:00
08:00 – 08:30
– 08:30
Outlook
WEDNESDAY
WEDNESDAY for
for aLNG
WEDNESDAY 33APRIL
APRIL
3 APRIL
REGISTRATION

Sustainable Fuel The Ch

WELCOME COFFEE WELCOME COFFEE
1/2 Day

Sustainable Future
1/2 Day

08:30 – 09:00 NETWORKING 08:00

10:15– –08:30 11:00
OPENING CEREMONY NETWORKING 08:30 – 09:45
WELCOME
WELCOME WELCOME COFFEE
COFFEE COFFEE NETWORKING COFFEE BREAK WELCOME
WELCOME A Sustainable
WELCOME ACOFFEE
COFFEE
Sustainable Fuel for
COFFEE Fuela for a
09:00 – 10:15
DELEGATE LUNCH COFFEE BREAK Sustainable Future
08:30
08:3008:30 – –09:00
09:00 – 09:00 14:30 – 15:00 08:00
08:00 08:00
– –08:30
08:30 – 08:30
Sustainable Future
14:30 – 15:00
A Sustainable Fuel
NETWORKING for a

EXHIBITION OPEN
Main Hall, Hall 3, SecondOPENING Floor CEREMONY
OPENINGand CEREMONY 12:00 – 13:15 NETWORKING COFFEE BREAK
08:30 – 09:45
Moderator:
Sustainable Future
THE LNG VALUE CHAIN

DELEGATE
08:30 – 09:45 LUNCH
Ron Snedic, LNG2019 Steering Committee, 09:00 – 10:15
Senior Vice President, Corporate 09:45 – 10:00
LNG CHAIN

Development, & PresidentOPENING

09:00 CEREMONY
of GTI International,
– 10:15
GTI Theatre
Chair:
AASustainable
1, Sustainable
BasementA Sustainable
08:30
Level Fuel
– 12:30Fuelfor
09:45 –for
Fuelaa for a
13:45
Speakers: 09:00 – 10:15 NETWORKING
NETWORKING SHAN Weiguo, Sustainable
Sustainable
Head ofSustainable
COFFEE Gas Market Future
Future Future
Research, CNPC ETRI
Senior Representative, Shanghai Municipality Managing Building the BREAK
OPENING
OPENING OPENING CEREMONY
CEREMONY CEREMONY COFFEE
NETWORKING Managing
09:45
Speakers: BREAK – 10:00 COFFEE Building BREAK the
Senior Representative, Chinese National Energy Administration
New
(NEA)
LNG Markets Methane Industry’s 08:30
08:30 08:30
– –09:45
09:45 – 09:45
Professor Joe M. Kang, President, International Gas Union (IGU)
NETWORKING Maarten
11:00 –Methane
Wetselaar, Integrated Gas &
12:00
09:45COFFEE – 10:00 BREAK Industry’s
New Energies
THE LNG VALUE

Dr Nirmal Chatterjee, Chairman, LNG2019

TheChina
Global
09:00
09:00
Outlook
09:00
– –10:15
Programme10:15
for
– 10:15
Committee
LNG Emissions as Workforce
Director & Member of the – Executive Committee, Royal
LNG
13:15 Market
– 14:30 Emissions as Workforce –
TECHNICAL TOUR

YANG Hua, Chairman, National Offshore Oil

Honorary President, LNG2019 National Organising Committee
Corporation (CNOOC) and
LNG Market
Part of a 09:45
Dutch Shell plc– 10:00
Diversity
Bernard Looney, Chief Executive, Upstream, BP plc RESE
REGISTRATION

Alexey Miller, Deputy Chairman 10:15

of the–Board
11:00 Growth
of Directors, Chairman of the Digital and
NETWORKING KeisukePart
NETWORKING
NETWORKING Driversof aforCOFFEE
COFFEE
Sadamori, COFFEE
Director, LNG:
BREAK
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Energy Markets A
andPillar
Diversity
BREAK Security,
Management Committee, Gazprom
and Industry
Growth
Sustainable
Sustainable and
International Future
Energy
Demand
Sustainable Agency (IEA)Theand Changing
for Global
Future MapINNO of LN
THE LNG VALUE CHAIN 1/2 Day

WANG Yilin, Chairman, China National Petroleum Corporation

and Industry
Energy Future YANG09:45
09:45
Hanling,09:45
–Director
Talent–10:00
10:00 –International
10:00 Policy and Legal SHO
LIU Zhongyun, Vice President, Sinopec Group NETWORKING
The Global Outlook for LNG Sustainability Future Affairs,
Energy Creation
Future
Environmental Defense Fund Energy
Talent
Sustainability NETWORKING
Claudio Rodriguez Suárez, Gas Assets General Manager, 13:45 – 15:00
COFFEE BREAK 15:00 – 16:30 Enagás15:00Across
S.A – the
16:30 Transition! 15:00
The Global 10:15 Outlook
– 11:00 for 15:00 – 17:30
LNG DigitalDELEGATE
and
15:00 – Drivers
16:30
World LUNCH for
15:00 – LNG: A Pillar
16:30
The Global Outlook14:30 for LNG – 15:00 15:00 – 17:30
Sustainable Demand for Global
NETWORKING 10:15 10:00 – Digital
12:30 12:00
and
10:00 –
– 13:15
12:30 Drivers10:00 for
– 12:30 ALNG:
THURSDAY 4 APRIL
10:15 –– 11:00 11:00 FRIDAY 5 APRIL Digital
Future and Drivers
Creation for LNG: Energy Pillar
COFFEE
TheThe Global
Global
The BREAK
Global
Outlook
Outlook Outlookfor
for LNG
LNG
for LNG Sustainable
Sustainable Demand Demand for Global for G
COME COFFEE Main Hall, Hall 3, Second Floor WELCOME COFFEE
11:00 – 12:00 08:00 – 08:30 Theatre 2, Basement Across
Level the Transition!
8:00 – 08:30Moderator:
David Carroll,
FRIDAY 5 APRIL 10:15
FRIDAY President & CEO,10:15
5 APRIL GTI –10:15
–11:00
11:00 – 11:00 Digital Future
Future
Digital
Digital
and
andchair:
Session Creation
and Drivers
Drivers
Menelaos Ydreos, Executive World Creation
Drivers
for
for forLNG: LNG:
Director Public Affairs,
Energy
ALNG: Ene
APillar
Pillar
A
Managing Building the
Sustainable
Sustainable
Sustainable Across
Demand
Demand the the Transition!
Demand
Across for
forGlobal
Global
for Glo
Trans
REGISTRATION

ness Models for a Competitive International Gas Union, (IGU)

WELCOME COFFEE
Speakers:
LNGWELCOME
Market COFFEE NETWORKING Opportunities in the China LNG Market
Methane 10:00
Industry’s – 12:30
New 10:00
LNG Markets World – 12:30 10:00 – 12:30
08:30Mike
08:00 – 08:30
08:30 Chairman & CEO, Chevron Corporation
K. –Wirth,
08:00 08:30 – 09:30 Future
Future Future
Speakers: Creation
Creation Creation
World Energy
Energy Ener
– 09:45
Darren W. Woods, COFFEE
Chairman & CEO,BREAK ExxonMobil Corporation Emissions as Workforce – Dr Anita Odedra, Chief Commercial Officer, Tellurian Inc.
H.E. Saad Sherida NETWORKING
Al-Kaabi,
11:00 –LNG
NETWORKING
Minister
12:00 ofMarket
State for Energy Affairs, Qatar, and President 10:00 – Sherry
12:30 13:15 –Across
10:00
Duhe, Executive Across
14:30 Across
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Vice–President
12:30 the10:00
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Financial Transit
–10:00
12:30

EXHIBITION OPEN
KING COFFEE
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& CEO,
Opportunities Qatar
in theNETWORKING
in the China
WELCOME
Petroleum
China
LNG Market
LNG Market
09:30 DELEGATE
NETWORKING COFFEE BREAKPart of a
LUNCH Diversity 10:00 –
Officer, 12:30
Woodside 10:00
World
World World–
RESEARCH 12:30 &
9:45 – 10:00 08:30 –COFFEE Growth
BREAK 09:30 – 09:45
WELCOME Mabel Leung, President, China Gas Marketing, ExxonMobil
COFFEE
08:30 – 09:30
BREAK Sustainable and FutureNETWORKING INNOVATION
EXHIBITION OPEN

RECEPTION –and
12:00
11:00NETWORKING12:00 Industry
– 13:15 Jeremy Otahal, Executive Director, Education and Human
THE LNG VALUE CHAIN 1/2 Day

NETWORKING COFFEE11:00
NETWORKING
NETWORKING RECEPTION Energy Future 10:00
10:00 10:00
– –12:30
12:30
Resources,
DELEGATE LUNCH
Talent – 12:30
GTI 10:00
10:00 10:00
– –12:30
12:30 – 12:30
SHOWCASE 10:00
10:0010:00– –12:30
12:30–
NETWORKING 09:30 –COFFEE
09:45 19:00
BREAK
COFFEE
COFFEE
BREAK
–
–COFFEE 12:00
21:30
Sustainability
BREAK New
BREAK BREAK Commercial Diversity of
NETWORKING
09:30 – 09:45 Designs 19:00
and – 21:30
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12:30 – 13:45
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11:00 – –12:00
11:00 12:00 –
Technology
12:00 the Changing 15:00 – 16:30
Capacity 15:00 – 16:30
COFFEE BREAK 15:00 – 17:00
ng the Value Innovation NETWORKING
15:00 – 17:30Industry
for Projects
EXHIBITION OPEN

New for
Chain Commercial
for the Diversity of
and DELEGATE LUNCH
Dynamic
14:30 – 15:00
Newand
Designs Commercial
Evolution New
Diversity
LNG LNG
of
Plant Markets
REGISTRATION
REGISTRATION

Financeability Future 09:45 – 11:45 09:45 – 11:45 09:45 – 11:45

Designs and Evolution and
NETWORKING
LNG Plant
NETWORKING
OPEN

Technology the Changing

of LNG Capacity
Technology
for Projects theIndustry
Changing 12:00
Capacity
13:15 – – 13:15
14:30 Main Hall, Hall 3, Second Floor
:30 10:00 – 12:30 10:00 – 12:30
NETWORKING
DELEGATE LUNCH DELEGATE LUNCH
OPEN

for Projects Industry

Dynamic
Session Chairs:
OPEN

Dynamic NETWORKING COFFEE BREAK

NETWORKING
OPEN

09:45 – 11:45 09:45 – 11:45 09:45 – 11:45 Don Hill, Global Vice President, LNG, McDermott
09:45 – 11:45DELEGATE NETWORKING
NETWORKING LUNCH
– 11:45 NETWORKING 12:30
12:00 – 11:45
13:15 Alias, – 13:45
– 12:00
09:45 – 11:45 09:45
The Changing
Adly Map
Vice of LNG
President, Supply
LNG Marketing & Trading,
DELEGATE LUNCH
EXHIBITION

NETWORKING
EXHIBITION OPEN

DELEGATE
DELEGATE DELEGATE LUNCH
LUNCH LUNCH PETRONAS
Managing Building the
EXHIBITION

EXHIBITION

NETWORKING 12:00CLOSING – 13:15 13:45 – 15:00

NETWORKING COFFEE BREAK
NETWORKING
NETWORKINGNETWORKING
OPEN
OPEN
EXHIBITION OPEN

NETWORKING 11:45 – 12:00 COFFEE BREAK

COFFEE BREAK
12:00
12:00 –12:00
–Markets
12:00
CEREMONY
13:15
13:15 – 13:15 12:30
DELEGATE
Speakers: – 13:45
Methane LUNCH Industry’s
New LNG – 12:45
EXHIBITION OPEN

11:45 – 12:00
DELEGATE
DELEGATEDELEGATE
Abhishek LUNCH
Rohatgi, LUNCH LUNCH
Lead Analyst, South and Southeast Asia
EXHIBITION

WORKING DELEGATE LUNCH

14:30 – 15:00 Emissions
12:30
LNG Demand, –
Bloomberg asNew EnergyWorkforce
13:45 Finance –
ELCOME
12:30 – 13:45
CLOSING CEREMONY 13:15 – 14:30 LNG Market Geoffroy 12:30
12:30 – – 13:45
12:30
Hureau, 13:45 –
Secretary13:45General, Cedigaz
CLOSING12:00CEREMONY
New LNG Markets
NETWORKING DELEGATE LUNCH PartEconomist,
FENG Chenyue, of a China NationalDiversity Petroleum
CEPTION Main
– 12:45
Hall, Hall 3, Second Floor Growth
EXHIBITION
EXHIBITION

12:00 – 12:45 Corporation Economics & Technology Research Institute

Moderator: 13:15 – Markets
14:30
12:45 – 14:00
The Sustainable
Changing
Eric Zhu, Oil & Gas Market Map Segment andErnst
of Leader,
LNG Future
Supply
& Young
wnstream LNG
00 and – 21:30
Infrastructure
Professor Joe M. Kang,NewNew
New
President, LNG
LNG
New
LNG Markets
International
LNG
Markets
Gas
Markets
Union (IGU) and Industry China
Applications
NETWORKING
LUNCHManaging Building the Energy
Hiroshi Hashimoto,Future
Senior Analyst, Gas Group, Talent
Institute Of
13:45
NETWORKING DELEGATE
– 14:45
NETWORKING 12:45DELEGATE LUNCH Sustainability The Economics,13:45
EnergyChanging JapanMap – 15:00
of LNG Supply
Speakers:
LI Yalan, Chairperson
– 14:00
12:45 –COFFEE 13:15
14:00 of the Board BREAK
Methane
13:15
13:15 – 14:30
–13:15
–14:30
14:30
of Directors, Gas Industry’s
– 14:30
Beijing Group 15:00
Jefferson – 16:30
Edwards,
(IEEJ)
General Manager, The New
15:00
Global Gas–LNG16:30
Policy
KING COFFEE BREAK
14:45 – 15:15 Ben van Beurden, NETWORKING
Chief Executive
14:30 and Officer,
Emissions
– 15:00 KEY
Royal
as Dutch Shell plc
Workforce – 15:00 – 17:30 and Regulatory Affairs, Shell
13:45 – 15:00 Landscape –
LNG
Patrick Market
Pouyanné, Chairman CEO, Total
The The
TheChanging Changing
Changing
The Map of LNG Supply
Young-Doo Kim,COFFEE Acting President BREAK
Part
& CEO, ofKorea
a Gas Corporation Diversity
(KOGAS) RESEARCH
Panellists: & Changing MapMapof Map
ofLNG LNG
Challenges ofSupply
LNG
Supply
andSupply
Growth
Wan Zulkiflee, President & Group CEO,■ PETRONAS XU Tong, Vice President, Beijing Gas
KEY and Industry 14:30
NETWORKING
NETWORKING
NETWORKING 15:00 PLENARY SESSION
–Sustainable
NETWORKING and Future INNOVATION
13:45
13:45
Laurent Vivier, President –
13:45
– Opportunities
15:00
13:45
Gas, 15:00
Total – 15:00
15:00
KEY COFFEE
COFFEE Energy
COFFEE BREAK
BREAK ■Future
SPOTLIGHT SESSION
BREAK Talent SHOWCASE
Rajnish Goswami, General Manager – LNG Marketing
LNG Sustainability COFFEE
Floating BREAK – South East Asia, India Sub-Continent 15:00 – 16:30
and the Middle
l Infrastructure
■ PLENARY LNG –SESSION
What
14:30
14:30 ■ LNG FORUM
–14:30
–15:00
–Managing
15:00
15:00 ––16:30
15:00 15:00 15:00East, Anadarko
– 17:00 Petroleum Corporation
ns ■and
Projects:PLENARY 14:30
SESSION 15:00 – 16:30the
Building
Cases 15:00 –Have17:30
Learned
We
■ COMMERCIAL SESSION
Yul Ryu, President, Corporate Strategy & Services, S-Oil
■ SPOTLIGHT SESSION
SESSION Methane Industry’s Corporation The New LNG
■ SPOTLIGHT
Trends and What
■ LNG FORUMis Next?
Managing
Emissions as ■ TECHNICAL Building
SESSION
Workforce – the Landscape –
45 ■
15:15LNG LNG FORUM
– 17:45 Market
15:15 – 17:45
 Tuesday 2 April 2019 Show Daily 13

General information
FOR up-to-date event information please
download the LNG2019 Event App. 
The app is an essential tool to help
you navigate the event and contains the
programme for the week, speaker profiles,
exhibition layout and much more. 
For enquiries please visit the App
Helpdesk located next to H1-2, entrance
into Hall 1 or email apphelp@lng2019.com.

For media and PR enquiries please visit the

Media Centre located in Room 2, Basement
Level.

Shuttle buses are provided

for delegates and exhibitors
between partner hotels and
the venue, sponsored by
Cheniere, so don’t waste
valuable time waiting for
taxis!
Please visit the LNG2019
Event App or refer to the
Pocket Guide for schedule
information.
MONDAY 1 APRIL TUESDAY 2 APRIL WEDNESDAY 3 APRIL
Follow us on social
WELCOME COFFEE WELCOME
media for event COFFEE
08:30 – 09:00 highlights and share – 08:30
08:00
your experiences
and photos using
#LNG2019. Search
A Sustainable Fuel for
for 19th International a
Conference & Sustainable Future
Exhibition on
OPENING CEREMONY Liquefied Natural Gas 08:30 – 09:45
09:00 – 10:15 (LNG2019).

SCAN the QR code to

NETWORKING
follow us on WeChat!COFFEE BREAK
LNG BASICS TRAINING 1/2 Day

09:45 – 10:00

Around The Global Outlook for LNG

10:15 – 11:00 Digital and WEDNESDAY
Drivers for3LNG2019SH
LNG: A Pillar

Shanghai
MONDAY 1 APRIL TUESDAY 2 APRIL @LNG2019 APRIL
MONDAY 1 APRIL TUESDAY 2 APRIL Sustainable WEDNESDAY
Demand for Global
3 APRIL
WELCOME COFFEE
WELCOME
08:30 – 09:00COFFEE
Don’t Miss Tomorrow’s
Future
WELCOME COFFEE
WELCOME
Creation
Across the
COFFEE
08:00 – 08:30
Energy
Transition!
08:00 – 09:00
NETWORKING
Plenary Sessions
10:00 – 12:30
World
08:00 – 08:30
10:00 – 12:30 10:00 – 12:30
FIND your own Shanghai city map in yourCOFFEE
delegate bag BREAK
for an easy guide on how to navigate the city! LNG: A Sustainable Fuel for a
Visit the LNG2019 website and Event App11:00
for recommendations
– 12:00 of things to do around Shanghai, LNG: A Sustainable Fuel for
Sustainable a Sustainable Future
Future
provided by our Official MICE Service Platform MeetShanghai, including:
TECHNICAL TOUR

·Top 20 Attractions — The most popular Shanghai OPENING

attractionsCEREMONY
OPENING CEREMONY
include Yu Gardens, The Bund, the 08:30
08:30 ––09:45
09:45
REGISTRATION

neighbourhood of Xin Tian Di and Nanjing Road. 09:00 – 10:15 Main Hall, Hall 3, Second Floor
·Museums and Art Galleries 09:00 – 10:15 Main Hall, Hall 3, Second Floor
·Tax Free Shopping Main Hall, Hall 3, Second Floor Moderator:
·Day Trips from Shanghai NETWORKING DrNETWORKING
Patricia Roberts, COFFEE
ManagingBREAK
Director, LNG Worldwide
EXHIBITION OPEN
1/2 Day

·Dining recommendations DELEGATE LUNCH NETWORKING

09:45 – COFFEE
10:00 BREAK
LNG BASICS TRAINING 1/2 Day

You can also visit the MeetShanghai team at the Information Desk in the SWEECC lobby who will be Speakers:NETWORKING
EXHIBITION OPEN

glad to assist you in planning your time in China. 12:00 – 13:15

09:45 – 10:00
Li Hui, Vice President, CNOOC
DELEGATE LUNCH
Senior Representative (invited), Energy Union, European
InterContinental Shanghai Expo

Commission 12:30 – 13:45

LNG2019 AT A GLANCE Bob Dudley, Group Chief Executive, BP plc
Peter Coleman, CEO & Managing Director, Woodside
The
The Global
Global Outlook
Outlookfor for
LNGLNG Hendrik Gordenker, Senior Corporate Vice President, Chief Global
New LNG Markets
Digital
Strategist, and
DigitalJERA
and Drivers
Drivers forfor LNG:
LNG: AAPillar
Pillar
TRAINING

10:15 ––11:00
10:15 11:00
13:15 – 14:30 Sustainable
Sustainable Demand
Demand for Global
for Global
Main Hall, Hall 3, Second Floor Future Creation Energy
Future
The ChangingCreation Energy
Map of LNG Supply
1/2 Day

Across the
Across the Transition!
Transition!
NETWORKING 13:45 – 15:00
World
World
COFFEE BREAK
LNG BASICS

NETWORKING 10:00
10:00 ––12:30
12:30 10:00
10:00 ––12:30
12:30 10:00
10:00 ––12:30
12:30
14:30 – 15:00 Main Hall, Hall 3, Second Floor
NETWORKING
COFFEE BREAK Moderator:
Theatre 1, Theatre 2, Main Hall, Hall 3,
LNG VALUE CHAIN

Michael LevelChiefBasement
Stoppard, Strategist Global
LevelGas, IHS Markit Floor
RATION (SWEECC )

COFFEE BREAK
11:00 – 12:00 Basement Second
11:00 – 12:00 Speakers:
TOUR

Al Walker, Chairman & CEO, Anadarko Petroleum Corporation

( HALL 1 & 2)

Managing Building the

HNICAL TOUR

Jack A. Fusco, President & CEO, Cheniere Energy

REGISTRATION

Methane Industry’s Mark Gyetvay, CFO & Deputy Chairman of the The New LNG
Management
HALL 1 & 2)

NETWORKING
Emissions as Workforce – Board, NOVATEK Landscape –
LNG Market NETWORKING Tony Attah, CEO & Managing& Director, Nigeria LNG
CHNICAL

DELEGATE LUNCH
Part of a Diversity RESEARCH
Growth Bayo Ogunlesi, Chairman & Managing Partner,Challenges
NETWORKING Global and
DELEGATE LUNCH
N OPEN

Sustainable
12:00 – 13:15 and Future INNOVATION
Infrastructure Partners Opportunities
and Industry NETWORKING
DELEGATE LUNCH
12:00 –Future
Energy 13:15 Talent SHOWCASE
(PEN

Sustainability DELEGATE LUNCH 15:00 – 16:30

12:30 – 13:45
15:00 – 16:30 15:00 – 16:30 15:00 – 17:00
N
14 Show Daily Tuesday 2 April 2019

ASIA Inpex may

Supply and demand: the
Guangdong Dapeng
LNG terminal in China
get Abadi
Photo: GDLNG
incentive
THE Indonesian government is
considering giving incentives
to Japanese operator Inpex for
its proposed grassroots Abadi
liquefied natural gas project,
writes Upstream staff.
Inpex and partner Shell have
tabled plans for a 9.5 million
tonnes per annum onshore
LNG project and the host gov-
ernment is keen to approve the
development plan without too
much further delay.
However, local media last
week reported that expected
capital expenditure has
increased to $16 billion and the
co-venturers remain concerned
about what rate of return they
will be able to achieve.
Upstream regulator SKK
Migas chairman Dwi Soetjipto
said: “We certainly want to
complete (the development
plan) as soon as possible but we
can’t do that if the capital
expenditure is too high.
“If the capex is too high, we
can’t give big incentives to the
investor,” said Dwi, adding that
the incentives could be in the

CNOOC plans big push

form of a tax holiday, credit
investment or an additional per-
centage split for the operator.
Inpex spokesperson Moch
Kurniawan was quoted by

for greater LNG capacity

Indonesian news portal Repub-
lika as saying: “Regarding the
technical details, fees and
incentives, we cannot com-
ment because we are still dis-
cussing, consulting with the
government.
Chinese giant maps out strategy to build “But the point is that an effi-
cient project must be achieved
another 17 import terminals by 2030 and the economics (must be)
competitive.”
UPSTREAM STAFF The Japanese operator has
Singapore already carried out pre-front-
end engineering and design
work, which included estimat-
ing project costs.
CHINA National Offshore Oil Cor- Pre-FEED started in March
poration (CNOOC), the country’s 2018. KBR was tasked with the
top liquefied natural gas project LNG facility, TechnipFMC
developer, is embarking on a strat- worked on the floating produc-
egy to aggressively boost its LNG tion, storage and offloading ves-
import capacity to cater to ever sel and partners Chiyoda and
growing demand for the clean fuel Synergy Engineering were
in line with government policy to responsible for the subsea
improve air quality. umbilicals, risers and flowlines,
CNOOC has mapped out a mas- and the gas export pipeline.
ter plan to build another 17 LNG Tenders for the FEED con-
terminals along China’s coastal tracts could be launched later
areas by 2030, in addition to its 10 this year depending on if, and
similar existing facilities - the when, the Indonesian govern-
first of which entered operation in ment approves the develop-
2006. ment plan.
When built, these new facilities The successful FEED contrac-
will be able to increase the compa- tors are expected to subse-
ny’s import capacity by 110 mil- quently be awarded the lucra-
lion tonnes per annum on top of tive engineering, procurement
34.4 million tpa at its existing 10 Contribution: the Hoegh Esperanza Photo: HOEGH and construction contracts for
terminals. the Abadi LNG project.
CNOOC also operates China’s 13-year supply arrangement its natural gas pipeline grid, aim- domestic production during the The giant gas field on the
first floating storage and regasifi- with US independent Anadarko ing to triple the length of the net- peak season,” said the official. remote Masela production shar-
cation unit to import LNG, and Petroleum to import 1.5 million work to as much as 15,000 kilo- Strong demand is expected to ing contract has touted recover-
has chartered the Hoegh Esper- tpa of LNG from its Mozambique metres by 2030, up from 4600 push China to become the world’s able reserves of more than 20
anza FSRU, owned by Hoegh LNG, LNG project and a framework kilometres now. largest importer of LNG by 2022 trillion cubic feet of gas.
for operations at its Tianjin termi- agreement with Canada’s The company currently owns with volumes totalling 73 million Abadi will also be able to pro-
nal for three years. Woodfibre LNG to potentially and operates more than 200 gas tpa, according to an industry fore- duce 8400 barrels per day of
A CNOOC official said at a recent buy 750,000 tonnes per annum filling stations. Last year, CNOOC cast. condensate in addition to 9.5
industry gathering in Beijing the of LNG for 13 years starting in is said to have imported 26.42 mil- LNG demand growth in China is million tpa of LNG and 150 mil-
company would continue to seek 2023. lion tonnes of LNG, accounting for said to be driven by factors that lion cubic feet per day of pipe-
long and short-term LNG purchase CNOOC also has access to 65% of the national total. include government efforts to shift line gas for local customers.
deals, aiming to secure up to 80 upstream gas assets in some Sources said that CNOOC is from coal to cleaner gas for power The Masela PSC partners
billion cubic metres of LNG sup- countries that are linked to its keen to sign for short-term LNG generation, the availability of LNG today are operator Inpex with
ply. LNG volume entitlements. cargoes from the spot market that via both long and short-term sales 65% and Shell on 35%, although
The latest agreements to be The official added that in addi- could serve as swing supply when and purchase agreements, and the Indonesian companies would
signed by the company include a tion to LNG terminals, the com- demand peaks in the winter. expanding accessibility and availa- likely take stakes in any com-
deal completed in February for a pany would continue to expand “It is difficult to increase bility of gas infrastructure. mercial project.
Tuesday 2 April 2019 Show Daily 15

NORTH AFRICA

Egypt on
course for
return to
export role
Rising domestic output fuels options
to reclaim significant LNG position
UPSTREAM STAFF
London

EGYPT is looking to rejoin the — is expected this year to more

ranks of significant liquefied nat- than double output from this two-
ural gas exporters on the back of train project.
rising domestic gas production Country chairman Gasser
that has helped it achieve self-suf- Hanter recently said that Shell
ficiency after years of costly LNG and partner Malaysia’s Petronas
imports. in 2018 exported 12 LNG cargoes
State-owned Egyptian Natural from Idku. The number of cargoes
Gas Holding Company (Egas) has will reach 30 this year, according
tendered to sell four LNG cargoes to a Petronas executive.
for loading in April to be followed Hanter puts the current supply
by four shipments for loading in to the Idku plant at 300 million
May and three for June. cubic feet per day against installed
The tenders reflect the revitali- capacity of 1.2 billion cubic feet
sation of the gas industry in per day.
Egypt, where falling domestic To ensure steady supplies to
output forced the nation to halt Idku in the future, Shell is also
LNG exports in 2014. looking to develop offshore
Rising production from the reserves in neighbouring Cyprus,
giant Zohr field, operated by Ita- which has provisionally agreed to
ly’s Eni, as well as fresh supplies build a pipeline to Egypt where it
from the BP-led West Nile Delta could make use of available lique-
(WND) project, helped the North faction capacity.
African nation regain self-suffi- Meanwhile, negotiations are
ciency last year. under way to restart the long- Key contribution: the Idku LNG facility  Photo: SHELL
Apart from feeding local dormant Segas Damietta LNG
demand, the Egyptian govern- facilities. it diverted feedstock to the domes- 2.26 trillion cubic feet of gas over supplies for export partly due to
ment is also increasing supplies to Egypt Oil Ministry sources said tic market. 10 years from the offshore Tamar the WND development where out-
its under-utilised liquefaction the Damietta plant is likely to A World Bank arbitration body and Leviathan fields being devel- put is projected to soar to 1.4 Bcfd
facilities. resume operations this month later ordered Egypt to pay UFG $2 oped by US independent Noble by the end of the year with contri-
Anglo-Dutch supermajor Shell and export about 550 MMcfd billion for lost revenues. The Energy and Israel’s Delek Drilling. butions from the deep-water
and a partnership of Eni and under a deal with Egas. remaining 20% in Damietta is Delek has said it is looking at Raven field.
Spain’s Union Fenosa, which saw However, majority owner Union jointly owned by state-owned options to increase gas exports to Meanwhile, production from
their LNG plants at the Mediterra- Fenosa Gas (UFG), a joint venture Egas and the Egyptian General Egypt, including the possibility of Zohr will surpass 3 Bcfd by the
nean ports of Idku and Damietta between Spain’s Naturgy and Ita- Petroleum Corporation (EGPC). buying into the county’s LNG end of 2019 from the current 2.1
forced to shut amid gas shortages ly’s Eni, maintains Egypt has yet UFG in 2000 signed the first gas plants. One way of increasing gas Bcfd.
arising from the 2011 revolution, to offer it enough guarantees over export contract with Egypt for up sales could be through the Idku Egypt imported its final LNG
are now hoping to restart normal a $2 billion court award. to 155 billion cubic feet per annum and Damietta plants. This could shipment last September as Zohr
operations. The Spanish company, which of gas over 25 years. include purchasing liquefaction boosted domestic supplies, which
Shell — already receiving lim- has an 80% stake in the Damietta Meanwhile, Israel has also capacity or even buying into the currently stand at 6.6 Bcfd and are
ited gas volumes at its 7.2 million plant, in 2013 said that Egypt was agreed to supply Egypt’s privately plants themselves, Delek said. poised to surpass 7 Bcfd later this
tonnes per annum Idku facility restricting supplies to the plant as held Dolphinus Holdings with Egypt is able to allocate new year.
16 Show Daily Tuesday 2 April 2019

FORECAST

Image: GLS
Changes ahead as LNG
reaches tipping point GLS hails
GIINGL sees industry on verge of
Liqui-Max
profound shift in market structure progress
UPSTREAM STAFF NORWEGIAN liquefied natural
Singapore gas newcomer Global LNG Ser-
vices (GLS) is confident it has
reached technical and commer-
cial viability for its Liqui-Max
THE International Group of LNG floating LNG vessel solution.
Importers (GIIGNL) foresees big GLS said that its standard-
changes in the structure of the ised, floating liquefaction solu-
global liquefied natural gas mar- tion, which it refers to as the
ket this year and beyond. Liqui-Max vessel (LMV), offers
“Looking ahead, our industry is “faster, lower cost, plug-and-
on the verge of profound change play development of LNG
in terms of market structure. In export facilities”.
2019 we are likely to reach a tip- Founder and chairman Paul
ping point, with many long-term Eckbo said: “No onshore capacity
supply contracts starting to expansion of liquefaction, stor-
expire as new supply comes on age and offloading can compete
stream,” said GIIGNL president with the cost of a pure liquefac-
Jean-Marie Dauger. tion vessel like the LMV being
“Our industry needs to become assembled in a yard and floated
more innovative and efficient in in a state of full integration to a
trading, fully embracing the coastal location.”
opportunities offered by digital GLS is aiming to use the LMV
technology.” technology at its wholly owned
Strong LNG demand in Asia in Main Pass Energy Hub project
2018 drove a growth in imports for in Louisiana, which is eventu-
the third consecutive year. In 2018, ally planned to export as much
LNG imports reached 313.8 million as 48 million tonnes per
tonnes, up 8.3% on the previous annum of LNG.
year, according to the GIIGNL. “We are currently in dia-
China and South Korea contin- logue with Chinese and other
ued to absorb new supplies, while Asian counterparties to take
additional LNG volumes from Aus- the first 12 million tonnes of
tralia, the US and Russia contrib- annual LNG production from
uted to increased market flexibil- Main Pass,” Eckbo said.
ity, said the GIINGL in its 2019 GLS said that its talks with
Annual Report released this week. potential off-takers for the
“For LNG importers, long-term anchor position in the Main Pass
partnerships, destination and vol- project centre “on a tolling fee
ume flexibility as well as the ability that includes the industry-lowest
to optimise or arbitrage between ‘anchor-deal’ of $1.50 per (million
Asian and European markets British thermal units) for part of
remain key,” added Dauger. the 12 million tpa”.
“In China, in India and South East GLS also said that a contractor
Asia, in particular, LNG’s environ- has been chosen for the engi-
mental benefits and its versatility neering, procurement, construc-
make it particularly attractive as a tion, installation and commis-
destination fuel for thermal power sioning job for phase one, but
generation and cogeneration, in the Opportunities: GIIGNL president Jean-Marie Dauger   Photo: KAIA MEANS declined to identify the company
industrial and commercial sectors concerned. It added that it is tar-
as well as in a growing variety of basin arbitrage opportunities con- Meanwhile, spot cargoes deliv- portfolios allowing them to mar- geting a final investment deci-
fields such as marine and road trans- tinued to determine the level of ered less than three months from ket volumes, in some cases pur- sion in the early part of 2021. 
portation.” LNG inflows as the reduction of the transaction date reached 25% chased on a long-term basis, on a
The GIINGL noted that policy price spreads led to a strong rise of of the market compared with 20% short-term or spot basis, added
choices in the Asia-Pacific region
largely drove 2018’s growth in LNG
import activity in Northwest
Europe towards the end of the
in 2017.
This expansion was supported
the GIIGNL.
Bangladesh and Panama
Hub spot
imports, fostered by measures to year. by the ramp-up of flexible vol- last year joined the LNG import- WEST Australian Premier
improve air quality in China and LNG contracts delivered under umes from the US and Russia, and ers’ ranks, bringing the total Mark McGowan is looking to
by uncertainties regarding terms of four years or less by the rise of LNG volumes han- number of importing countries promote his state’s liquefied
nuclear power in South Korea. accounted for 32% of 2018 total dled by aggregators and traders to 42, while 20 nations are export- natural gas industry in Shang-
Meanwhile, in Europe, cross- imports or 99.3 million tonnes. who are able to optimise their ers. hai this week.
McGowan plans to use his

Russia to help fund infrastructure for Arctic LNG 2

visit to meet with global LNG
players at LNG 19 in his role as
chairperson of Western Aus-
RUSSIAN President Vladimir Russia’s Finance Ministry proposed liquefaction train of the Arctic gress reports on the two infra- tralia’s LNG Jobs Taskforce as
Putin has ordered the government allocating 112 billion rubles ($1.7 bil- LNG 2 plant is to be commissioned structure projects by 1 May and he looks to promote the state as
and ministries to start moving lion) from the federal budget for in 2022 as planned. 1 September this year. a global LNG hub.
ahead with two infrastructure these two projects. The three-train liquefaction pro- In addition, Putin ordered the “LNG 19 gives me the opportu-
projects that will support the Arc- According to Russian gas pro- ject will be fed with gas from the government to formulate a draft nity to highlight Western Aus-
tic LNG 2 development on the ducer Novatek, which is the oper- Salmanovskoye (also known as law that will spell out “measures tralia’s continuing emergence as
Gydan Peninsula in West Siberia. ator of the Arctic LNG 2 project, Uternneye) field on the Gydan Pen- of state support for private invest- an LNG hub for the Asia-Pacific
According to a statement pub- the estimated cost of the Utrenny insula, with an expected ultimate ments in projects in the Russian region. My message to industry
lished on the presidency’s official cargo receiving terminal is about annual output of 20 million tonnes. Arctic region”, such as appraisal is clear — Western Australia is
website, he has signed orders to 103.8 billion rubles, with another The permanent cargo terminal and exploration activities and ready and able to take the next
arrange federal financing so that the 8.3 billion rubles required to will operate throughout the year construction of infrastructure. step as a global energy hub and
government can award contracts dredge the navigation channel. and will be owned by the govern- He said the government must the LNG industry should choose
covering the construction of a cargo Novatek has reportedly told the ment after its commissioning. submit a draft document for con- Western Australia as their place
receiving terminal for Arctic LNG 2 government that construction Under the presidential order sideration by the Duma (the lower of investment, so they can lever-
and the dredging of a navigation activities on these two projects made public late last week, the house of parliament) no later than age off our state’s unique advan-
channel in Ob Bay. Two months ago, needs to start this year if the first government must provide pro- 1 July. tages.”
Tuesday 2 April 2019 Show Daily 17

INDONESIA

BP on track for
2020 start-up at
Tangguh Train 3
Indonesian scheme’s new facilities to produce
volumes for both domestic and overseas markets
UPSTREAM STAFF
Singapore

UK SUPERMAJOR BP is on track ity to 11.4 million tpa, and started workscope also covers subsea
to start commercial operations construction that same year. pipelines. Output: an LNG tanker at the Tangguh LNG plant in Indonesia
this year at Indonesia’s next lique- A Tripatra-led consortium with The Train 3 expansion also Photo: BP
fied natural gas development  — Chiyoda, Saipem and Suluh Ardhi involves 13 new production wells
the US$8 billion Train 3 expansion Engineering is carrying out the that are being drilled by Ensco’s next year. These volumes will be government and typically oper-
at its Tangguh project in West main engineering, procurement jack-up Ensco 106. shipped from Train 3 through 2025 ates at its nameplate capacity of
Papua province. and construction contract for the The Tangguh project comprises at an agreed price of 12.33% of the 7.6 million tpa, although it is
The new liquefaction train will Tangguh expansion project.  six unitised gas fields located on Japan Crude Cocktail. understood Train 1 was shut in for
produce volumes for both the The joint venture is construct- the Wiriagar, Berau and Muturi The project will play an impor- routine maintenance earlier this
domestic market — Indonesia has ing the liquefaction train, utili- production sharing contracts in tant role in supporting Indonesia’s year.
floating storage and regasification ties, off-sites, an LNG jetty and Bintuni Bay, which together hold growing energy demand with 75% Partners in Tangguh LNG,
units and the Arun import termi- associated infrastructure 14.4 trillion cubic feet of proven of Train 3’s annual LNG produc- which the government has desig-
nal — and for overseas customers. Meanwhile, Saipem was tasked gas reserves. tion being sold to state electricity nated a National Strategic Project,
BP in mid-2016 took the final with fabricating the jackets and BP in March received the green company Perusahaan Listrik are operator BP, China National
investment decision on the 3.8 topsides for two unmanned plat- light from Indonesia’s Ministry of Negara. Offshore Oil Corporation, Mitsub-
million tonnes per annum third forms for the project at its yard on Energy & Mineral Resources to Tangguh LNG started produc- ishi, Mitsui, Nippon Oil Explora-
train, which will boost the lique- Karimun Island off Indonesia.  export 84 LNG cargoes from tion in 2009, four years after its tion of Japan and Indonesia Natu-
faction facility’s nameplate capac- The Italian contractor’s EPIC Tangguh to Singapore starting initial sanction by the Indonesian ral Gas Resources.

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18 Show Daily Tuesday 2 April 2019

MIDDLE EAST Pair dish

Terms: Qatar Petroleum chief
executive Saad al-Kaabi
Golden
Photo: ANDREW MANGUM
Pass deal
QP AND
EXXONMOBIL

QATAR Petroleum (QP) and

ExxonMobil have handed a sale
and purchase agreement (SPA)
for all the liquefied natural gas
from the partners’ recent-
ly-sanctioned Golden Pass LNG
facility in the US to a joint ven-
ture they also control.
Ocean LNG will be responsi-
ble for the offtake and market-
ing of all the gas from the $10
billion-plus project that is to be
built at Sabine Pass, Texas.
A binding SPA was struck
between Ocean LNG and pro-
ject owner Golden Pass Prod-
ucts, each of which is owned
70% by QP and 30% by Exxon-
Mobil, earlier this year, the
Qatari state player said.
The Golden Pass LNG facility
will have a production capacity
of around 16 million tonnes per
annum and is permitted to
export up to 808 billion cubic feet
per annum of LNG for a period of
20 years, which begins when the
facility comes online.
Construction on the project,
which was sanctioned in early
February, was set to begin in
the first quarter, with the facil-
ity set to be operational in 2024.

Qatar nears its decision

Ocean LNG has been largely
focused on the South American
and European markets since its
inception, but will now “focus
its efforts on marketing its US

on expansion partners
LNG volumes in the Asia-Pa-
cific region through further
extensive engagements”, QP
said.
QP chief executive Saad Sher-
ida al-Kaabi said: “The final
investment decision of Golden
Pass LNG earlier this year
Leading LNG exporter is looking at options underpins Ocean LNG’s mar-
keting efforts to deliver US LNG
to bring companies on board by mid-2019 to customers across the globe.”
Golden Pass was originally
UPSTREAM STAFF built as an LNG import termi-
London nal. The project to convert it
into an export facility includes
the construction of three 5.2
million tonnes per annum liq-
QATAR is closing in on the option main EPC (engineering, procure- to make the award next month. rolling on the EPC project involv- uefaction trains. 
of selecting partners from a list of ment and construction) contracts The project’s workscope ing up to four trains and other QP will invest more than $8
international oil companies cur- by the end of 2019,” Kaabi told involves multiple wellhead top- associated onshore facilities. billion and ExxonMobil more
rently bidding to join state-owned Upstream recently. sides and associated offshore facil- Major international oil compa- than $2 billion in the develop-
Qatar Petroleum (QP) in carrying “By the middle of the year, we ities, with one contracting source nies, which are already QP’s part- ment.
out a 43% expansion of its already will have selected partners, if any. indicating that up to nine topsides ners in its existing LNG trains in The decision to move Golden
formidable liquefied natural gas There may be zero or maybe more. could be included. Bidders are said Qatar, are keen to be part of the Pass forward is in line with
capacity. We can do it ourselves 100%. We to include US giant McDermott, new phase of expansion. QP’s recent moves to make
QP chief executive Saad Sherida have already started. It’s abso- UK-based Wood and TechnipFMC Anglo-Dutch supermajor Shell itself a global energy player.
al-Kaabi has said Qatar is capable lutely possible for us to do it our- and Italy’s Saipem. and France’s Total have said they UK-based consultancy Wood
of bankrolling the expansion by selves. Qatargas is already doing The expansion, which also are looking to join the Qatari LNG Mackenzie said the project will
itself but is keen on bringing in that. We want to bring in partners includes four new onshore lique- drive, while other existing QP allow QP to optimise exporting
foreign oil companies because of but we want to bring them in on faction trains, is estimated to cost partners such as ExxonMobil and costs, particularly into Europe
their technical and marketing terms that we accept. more than $20 billion to complete. ConocoPhillips are also expected and Latin America, and protect
expertise. “After we finish the FEED (front- The new phase is expected to to want to participate. its market share while sup-
However, any potential partner end engineering and design), we expand Qatar’s total gas produc- QP is also talking to new porting additional upstream
must table an aggressive bid in the will know the cost, we will go to tion capacity from 4.8 million to entrants to ensure that it gets the supply development for Exxon-
hotly-contested race. EPC and we will know exactly 6.2 million barrels of oil equiva- best deal by widening the race for Mobil.
The expansion will see Qatar’s what the cost will be, but we are lent per day as early as 2023. participation. Golden Pass is part of Exxon-
LNG production top 110 million not worried about that,” he added. Once a full engineering, pro- The expansion comes as Qatar Mobil’s plan to invest over $50
tonnes per annum in 2024, from Global engineering companies curement, installation and com- is looking to grab a larger share of billion in the next five years to
the current level of 77 million tpa, are bidding for the major FEED missioning contract has been the global LNG market amid grow- build and expand manufactur-
and cement the country’s position contract that involves the offshore awarded for the jackets and other ing demand for cleaner energy, ing facilities in the US.
as the world’s largest LNG infrastructure required for the offshore work, drilling is projected especially from China and India. On the midstream side, the
exporter. further expansion of the North to start later this year. After a 12-year freeze on LNG Golden Pass consortium has
QP is already moving ahead on Field to feed the LNG expansion QP awarded Japan’s Chiyoda a investments, brought on by a executed a 20-year firm trans-
project work for the expansion effort. major FEED contract last year for moratorium on the North Field, portation agreement with Ena-
before taking the partnership At least four players recently the onshore liquefaction facilities. QP announced plans two years ble Midstream Partners and
decisions. submitted technical and commer- Meanwhile, QP subsidiary ago to raise its LNG production has secured pipeline capacity
“We expect to award all the cial offers to QP, which is expected Qatargas has already set the ball capacity. on Kinder Morgan’s NGPL line.
Tuesday 2 April 2019 Show Daily 19

WEST AFRICA
Expansion:
the NLNG
facilities at
Bonny Island

Photo:
HALLIBURTON

NLNG close to Train 7 sanction

Nigerian group expects to take
final investment decision on
expansion plans by end of this year
UPSTREAM STAFF
London

NIGERIA LNG’s (NLNG) long wait sanction. He added that he

to expand capacity at its liquefied expects to see a project sanction
natural gas plant on Bonny Island in “the third quarter”.
is likely to end this year as the As recently as the second half of
project stakeholders close in on a 2018, NLNG was considering the
final investment decision on their possibility of sanctioning Train 7
Train 7 expansion project. before the end of that year or early
Consortium partners including this year.
Anglo-Dutch supermajor Shell The company in 2018 said it was
and French counterpart Total are looking for around $7 billion in
set to pull the trigger on sanction financing for Train 7, with some
of the project to raise capacity $2 billion to go on the upstream
around a third from 22 million and $5 billion on the midstream
tonnes per annum to 30 million scope.
tpa in the summer. Train 7 will actually comprise
A dual front-end engineering two trains, one around 3 million
and design process that began last tpa and the other of some 4.5 mil-
year and was initially expected to lion tpa capacity. 
be before the end of 2018 remains It is envisaged that volumes
ongoing. from the two trains could in
Maikanti Baru, group manag- future be upgraded to a combined
ing director of state-owned oil 8 million tpa, pushing total out-
player Nigerian National Petro- put capacity at the plant in Rivers
leum Corporation (NNPC), the State to 30 million tpa.
largest single stakeholder in Train 7 is in effect a reworking
NLNG, told Upstream in March of a project called Seven Plus that
that this FEED process is now set was shelved 10 years ago and that
to end in June. called for two new trains of
Only after FEED studies have around 8 million tpa each.
been finished can the rival groups That project progressed to the
submit commercial offers for an extent that sale and purchase
engineering, procurement and agreements (SPA) were agreed
construction contract. with offtakers, which remain in
The competition for this EPC place.
contract is between the B7 consor- NLNG chief executive Tony
tium comprising KBR, Technip- Attah last September said of the
FMC and JGC, and the SCD Consor- SPAs: “They are still valid, so in
tium made up of Saipem, Chiyoda terms of volume uptake we are not
and Daewoo E&C. struggling because we have guar-
“We intent to [take the] FID this anteed uptake on the back of the
year,” Baru told Upstream last existing SPAs.
month of the expected project “But will we take a second look
at those SPAs? Of course, we
Outlook: have to keep it live. But it is one of
NNPC the conditions precedent that we
group have to meet in terms of sorting
managing out the SPAs, but it will be with
director the same components as we see
Maikanti it.”
Baru NLNG stakeholders are NNPC on
Photo: 49%, Shell on 25.6%, Total on
BARRY 15% and Italian major Eni on
MORGAN 10.4%.
20 Show Daily Tuesday 2 April 2019

FLOATING LIQUEFIED NATURAL GAS

FLNG in
spotlight
as Prelude
nears start
World’s largest unit to start up
soon for Shell as Petronas also
installs PFLNG Satu off Sabah
UPSTREAM STAFF
Singapore

FLOATING liquefied natural gas is gas. The operator exported its first
back in the industry spotlight cargo of condensate from the pro-
with Shell expecting to soon start ject in late March.
producing from Prelude off Aus- Meanwhile, in an industry first,
tralia — the world’s largest FLNG Petronas is installing its 1.2 mil-
unit to date. lion tpa PFLNG Satu at the Keba-
Gas was first introduced last bangan Cluster gas project off
June into the 3.6 million tonnes Sabah, East Malaysia after relocat-
per annum FLNG unit, which has ing the world’s first floating lique-
been on location off Western Aus- faction unit from its initial
tralia since July 2016. deployment on the Kanowit field
“We’ve opened four of the wells off Sarawak.
on Prelude and we’re working our Malaysian contractor Sapura
way down the vessel in terms of Energy is performing the engi-
commissioning and starting up neering, procurement, construc-
all the steps towards liquefac- tion and commissioning works
tion,” Shell director of integrated related to the FLNG unit’s reloca-
gas and new energies, Maarten tion.
Wetselaar, recently told Petronas’ upstream chief exec- Centre stage: the Prelude FLNG vessel   Photo: SHELL
Upstream. utive, Anuar Taib, said PFLNG
However, whether Prelude Satu’s technology, featuring the PFLNG Satu.  The Malaysian floating liquefaction unit for Ital- entered into a 20-year lease and
ramps up to its nameplate lique- capability to move from one loca- national oil and gas company will ian operator Eni’s Coral South pro- operate agreement with BP for the
faction capacity in 2019 remains tion to another, would strengthen next year also take delivery of the ject off Mozambique. charter of its FLNG unit Gimi for
to be seen. the reliability of the company’s 1.5 million tpa PFLNG Dua, which Compatriot Daewoo Shipbuild- the UK supermajor’s Greater Tor-
“Our history in all [our] LNG LNG supply system to meet grow- is under construction at Samsung ing & Marine Engineering fabri- tue-Ahmeyim (GTA) project.
plants is that not only will we get ing demand. Heavy Industries’ Geoje Island cated PFLNG Satu, which claimed FLNG Gimi, which is expected
to nameplate but well beyond as “Petronas has delivered 19 suc- yard in South Korea. a world first when it produced LNG to start production in 2022, will be
well,” said Wetselaar. cessful cargoes since the commis- PFLNG Dua is intended to start offshore in late 2016. located on the Senegal/Mauritania
“But you get beyond nameplate sioning of PFLNG Satu and we are producing at the Rotan field on However, the FLNG industry is maritime border as part of the
capacity by doing a quality and confident that this success con- Block H off Sabah before the end of not just about newbuilds and out- first phase development at GTA.
calm start-up process rather than tinues in Sabah waters as well,” he 2020, which Thailand’s PTTEP is right purchases. The FLNG unit is designed to pro-
doing it quick and trying to hit a said. acquiring from Murphy Oil as part Argentina’s YPF is aiming to duce around 2.5 million tpa and is
date or a headline. The FLNG unit stopped produc- of the purchase of the US inde- within months to start producing being converted at Keppel Ship-
“The biggest profit-driver of tion at Kanowit in January ahead pendent’s Malaysian assets. LNG, using gas from the nation’s yard in Singapore.
these start-ups is to get a quick of its move to Kebabangan and it Petronas, which has a minority prolific Vaca Muerta shale play via The main drivers and chal-
ramp-up rather than to get the could be producing at its second stake in Block H, will operate Exmar’s Tango FLNG barge. YPF, lenges for FLNG projects are said
first cargo out at any cost... so we location as early as next month. PFLNG Dua, which was 90% com- which has Tango on a 10-year to include location, countries’
take our time but we are confident The Petronas-led Kebabangan plete as of 30 September last year. lease, is initially aiming to export energy policies, environmental
that it will produce LNG shortly.” Petroleum Operating Company is Samsung, which also worked on 500,000 tpa of LNG to interna- impact, business model flexibil-
Prelude can also produce up to looking to increase output at this the Prelude FLNG unit, is also tional customers. ity, financing and overall LNG
1.3 million tpa of condensate and gas asset with the incremental building the hull and topsides for Norwegian player Golar LNG, market trends, according to the
400,000 tpa of liquid petroleum volumes being processed on the 3.4 million tpa deep-water meanwhile, just weeks ago International Gas Union.