rss icon Subscribe
desktop mobile

Papua New Guinea LNG Project Resumes Exports

© Toni_MNE / MarineTraffic.com

A liquefied natural gas (LNG) tanker has left Papua New Guinea laden with the first export cargo of the supercooled fuel since the country's giant LNG project resumed production after a major earthquake triggered a shutdown in February, Thomson Reuters Eikon shiptracking data showed on Monday.

The tanker's destination wasn't immediately clear, but the resumption of shipments could put pressure on spot LNG prices, traders said.

ExxonMobil Corp restarted output at the project near the capital Port Moresby a fortnight ahead of schedule, its Australian partners said late last week.

"We confirm an LNG cargo has been loaded onto the Kumul tanker," a spokeswoman from ExxonMobil told Reuters in an email reply.

The 172,000-cubic meter capacity LNG tanker Kumul, custom-built for the PNG LNG project, left the project terminal with a draft of 91 percent, suggesting it is nearly full, according to Thomson Reuters Eikon shiptracking data.

The Kumul unloaded an LNG cargo at the PNG terminal on April 4. It was anchored nearby until April 14, before loading the cargo from the terminal on April 15, the data showed.

ExxonMobil had said in early April that it had imported an LNG cargo to the project's terminal in order ensure tanks at the PNG facilities remained cold.

The 170,000-cubic meter capacity LNG tanker Papua is currently anchored near the Kumul Marine Terminal, while the 165,000-cubic meter capacity LNG tanker Bishu Maru is headed to Port Moresby, the Eikon data showed.


(Reporting by Jessica Jaganathan; editing by Kenneth Maxwell and Richard Pullin)

Apr 16, 2018

 

Coastal/Inland

Tidewater Attains First Sub M COI on the West Coast

Back row (l-r): Chris Springer, District 13 USCG; Bill Collins, Tidewater EHS&S Director; Josh Jarman, Tidewater Quality & Compliance Manager; Marc Schwartz, Tidewater Maintenance & Engineering Manager; Craig Nelson, Tidewater Vessel Operations Manager; Bruce Reed, Tidewater VP & COO; Josh Nichols, Tidewater Captain & Assistant Port Captain. Front row (l-r): Austin Murai, MSTC USCG; Brian Fletcher, Tidewater Port Captain; Jeff Deronde, MST1 USCG (Photo: Tidewater)

Tidewater Transportation and Terminals of Vancouver, Wash., announced today that the Office of

Apply Now for the MN100

© Alexander Timofeev / Adobe Stock

Each year the August edition of Marine News magazine, the leading voice in the North American

Finferries, Rolls-Royce to Advance Autonomous Navigation

(Photo: Rolls-Royce)

Finnish shipowner Finferries has partnered with Rolls-Royce in an effort to advance technologies

LNG

LNG is the Bridge to ‘Zero Emissions’ Shipping

(Photo: Skangas)

The advent of industry wide tightening of allowable sulfur emissions is getting nearer.

Tokyo Gas Takes First LNG Cargo from Cove Point

© Dexter / MarineTraffic.com

Japan received its first shipment of liquefied natural gas (LNG) on Monday from Dominion Energy

Eniram Signs On LNG Powered Bulk Carrier Project

(Image: Arista Shipping)

The Project Forward initiative, which is led by Athens-based Arista Shipping, has produced an

Maritime Apps