Liquefied Natural Gas Ltd. (LNGL) unit Gladstone LNG Pty Ltd., owner of the Fisherman's Landing liquefied natural gas (LNG) liquefaction project at the Port of Gladstone (FLLNG) in Queensland, Australia, has extended its site agreement lease with the Gladstone Ports Corp. to March 31, 2017, and has struck an option for an extension until March 31, 2018. There were no other changes to the original agreement, which was signed in 2010. "LNGL continues to investigate opportunities for gas supply to the FLLNG Project and discussions with potential LNG buyers supplying the Asian market are ongoing,” said LNGL CEO Maurice Brand. "No significant capital commitment to the...project will occur until binding agreements are materially advanced." Subsidiaries of Australia's LNGL also are developing LNG terminals in Nova Scotia and in Louisiana (see Daily GPI, Feb. 8).
A team developing a project to transport natural gas from the Cook Inlet to Interior Alaska has recommended that the Alaska Industrial Development and Export Authority choose a project proposed bySalix Inc. (Avista Corp.). The project would truck liquefied natural gas (LNG) to the Interior.Spectrum LNG LLC was the runner-up among the numerous project proposals considered (see Daily GPI, Oct. 14, 2015).
Qatargas recently delivered its first liquefied natural gas (LNG) cargo under a long-term supply agreement with Pakistan State Oil Co. (PSO) to Port Qasim, Pakistan. The cargo was loaded onto Al Gattara, a chartered Qatargas LNG Vessel, which is owned and operated by Nakilat. The vessel left Ras Laffan, Qatar on Feb. 26 to mark the inaugural Q-Flex delivery to Pakistan. With the addition of this delivery to Port Qasim, the Qatargas chartered Q-Flex fleet achieved compatibility with 60 LNG terminals globally while the larger Q-Max vessels are compatible with 32 LNG terminals globally. In April 2015, Qatargas delivered the first commissioning cargo to PSO onboard the LNG vessel Excelerate Exquisite, a floating storage and regasification unit vessel, which is currently moored at the Engro LNG terminal in Port Qasim.