CNOOC's Fujian terminal receives first Tangguh LNG cargo

Eric Watkins
OGJ Oil Diplomacy Editor

LOS ANGELES, July 27 -- China National Offshore Oil Corp.’s (CNOOC) Fujian terminal has received its first LNG cargo from Indonesia’s BP PLC-led Tangguh LNG project.

The first shipment of LNG from Tangguh will be supplied to gas-fired electric power plants in Putian, Jinjinag, and Xiamen in the province, as well as to residents in the cities of Fuzhou, Putian, Quanzhou, Xiamen, and Zhangzhou.

Under a 25-year contract, CNOOC will see another 14 shipments of LNG from Tangguh this year for a total supply of 2.6 million tonnes, and will receive the same amount for the duration of the agreement.

Indonesia began supplying LNG to Fujian from May, but the gas had to be sourced from the country's Bontang LNG plant due to repeated delays at Tangguh (OGJ Online, May 29, 2009).

Last week, Indonesia’s upstream oil and gas regulating agency BPMigas said it expects Tangguh gas field to ship 56 cargoes of LNG to buyers in 2009.

Head of BPMigas Raden Priyono said of the 56 cargoes, 17 would be shipped to Fujian in China, 8 to Posco in South Korea, 12 to K-Power in South Korea, and 19 cargoes to Sempra Energy Marketing Co. in the US.
"We have the target to ship all of the 56 cargoes this year," said Priyono, who acknowledged that earlier a “small technical problem” at Tangguh caused a slowing down of its production processes.

Priyono said Tangguh sales have reached 7.4 million tpy, including 3.7 million tonnes for Sempra Energy, 2.6 million tonnes for Fujian, and 1.1 million tonnes for Posco and K-Power.

Also last week, Indonesia's PT Badak NGL, operator of the Bontang LNG plant, said it would ship more LNG to Fujian on July 24, making it the third shipment from Bontang to Fujian on order from CNOOC.

Badak NGL Pres. Agus Haryanto said in May and June, his company shipped two cargos while the Arun LNG plant in Aceh also shipped two cargoes of LNG to Fujian.

According to Indonesian state media, the four cargoes were made under a swap arrangement for LNG shipments committed to by Tangguh LNG but which could not be delivered as planned.

Meanwhile, Chinese media reported that CNOOC plans to double the annual receiving capacity of its Fujian LNG terminal to 5.2 million tonnes by 2011. The reports said construction of two new storage tanks at the terminal began at the end of 2008.

Contact Eric Watkins at hippalus@yahoo.com.

Related Articles

Shell cancels Arrow LNG project

01/30/2015

Royal Dutch Shell PLC has abandoned its plans for what would have been a fourth coal seam gas-LNG project at Gladstone in Queensland.

DOE could meet 45-day LNG export decision deadline, Senate panel told

01/29/2015 The US Department of Energy would have no trouble meeting a 45-day deadline to reach a national interest determination for proposed LNG export faci...

Douglas Channel LNG moves toward 2018 startup

01/29/2015 Exmar NV, EDF Trading, and AIJVLP, a joint venture of AltaGas Ltd. and Idemitsu Kosan Co. Ltd., have taken full ownership of the 550,000 tonne/year...

Mitsui charters two more LNG ships for Cameron export project

01/29/2015 Mitsui & Co., Ltd., Tokyo, reports contracts for chartering two new ships to transport LNG to Japan from the Cameron LNG export project in Loui...

US House approves bill aimed at increasing LNG exports

01/28/2015 The US House of Representatives passed a bill aimed at increasing US LNG exports by requiring the Department of Energy to determine whether a proje...

Americans warm up to gas

01/26/2015 As you pick up the latest edition of OGJ after another volatile day in oil and gas, collapse into your favorite chair that's stationed next to your...

Gazprom’s Baltic LNG project to be built in Ust-Luga

01/23/2015 OAO Gazprom has determined that its 10-million-ton Baltic LNG plant will be built near the seaport of Ust-Luga, Leningrad Oblast, Russia. The proje...

Gorgon LNG project signs LNG supply deal with SK Group

01/21/2015 The Chevron Australia-led Gorgon LNG project offshore Western Australia has signed a binding sales and purchase agreement to supply 4.15 million to...

Magnolia LNG signs MOU for fourth train

01/19/2015 Magnolia LNG LLC (MLNG) signed a memorandum of understanding with Kellogg Brown & Root LLC, a wholly owned subsidiary of KBR Inc. (KBR), and SK...
White Papers

Pipeline Integrity: Best Practices to Prevent, Detect, and Mitigate Commodity Releases

Commodity releases can have catastrophic consequences, so ensuring pipeline integrity is crucial for p...
Sponsored by

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by

Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions

As the downstream petroleum industry grapples with change in every sector and at every level, includin...
Sponsored by

7 Steps to Improve Oil & Gas Asset Decommissioning

Global competition and volatile markets are creating a challenging business climate for project based ...
Sponsored by

The impact of aging infrastructure in process manufacturing industries

Process manufacturing companies in the oil and gas, utilities, chemicals and natural resource industri...
Sponsored by

What is System Level Thermo-Fluid Analysis?

This paper will explain some of the fundamentals of System Level Thermo-Fluid Analysis and demonstrate...
Available Webcasts


Cognitive Solutions for Upstream Oil and Gas

When Fri, Jun 12, 2015

The oil & gas sector is under pressure on all sides. Reserves are limited and it’s becoming increasingly expensive to find and extract new resources. Margins are already being squeezed in an industry where one wrong decision can cost millions. Analyzing data used in energy exploration can save millions of dollars as we develop ways to predict where and how to extract the world’s massive energy reserves.

This session with IBM Subject Matter Experts will discuss how IBM Cognitive Solutions contribute to the oil and gas industry using predictive analytics and cognitive computing, as well as real time streaming for exploration and drilling.

register:WEBCAST


The Alternative Fuel Movement: Four Need-to-Know Excise Tax Complexities

When Thu, Jun 4, 2015

Discussion on how to approach, and ultimately embrace, the alternative fuel market by pulling back the veil on excise tax complexities. Taxes may be an aggravating part of daily operations, but their accuracy is crucial in your path towards business success.

register:WEBCAST



On Demand

Prevention, Detection and Mitigation of pipeline leaks in the modern world

Thu, Apr 30, 2015

Preventing, detecting and mitigating leaks or commodity releases from pipelines are a top priority for all pipeline companies. This presentation will look at various aspects related to preventing, detecting and mitigating pipeline commodity releases from a generic and conceptual point of view, while at the same time look at the variety of offerings available from Schneider Electric to meet some of the requirements associated with pipeline integrity management. 

register:WEBCAST


Global LNG: Adjusting to New Realities

Fri, Mar 20, 2015

Oil & Gas Journal’s March 20, 2015, webcast will look at how global LNG trade will be affected over the next 12-24 months by falling crude oil prices and changing patterns and pressures of demand. Will US LNG production play a role in balancing markets? Or will it add to a growing global oversupply of LNG for markets remote from easier natural gas supply? Will new buyers with marginal credit, smaller requirements, or great need for flexibility begin to look attractive to suppliers? How will high-cost, mega-projects in Australia respond to new construction cost trends?

register:WEBCAST


Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected