International Maritime Club’s Post

🚨 🚢 RUSSIA LNG: A third LNG vessel, potentially belonging to Russia’s so-called "shadow fleet," might be on the way to load another cargo from the blacklisted Arctic LNG 2 project. The 138,028 cubic meter Everest Energy is currently heading north in the Norwegian Sea, according to ship-tracking data from Kpler, which suggests a Russian Arctic-based project as its most likely destination. The 2003-built Palau-flagged steam vessel is owned by a little-known Liberia-based shipping company and managed by India-based Ocean Speedstar Solutions, according to ship registry data from Equasis, the same company that manages the Pioneer and Asya Energy vessels, which are believed to have loaded the first two cargoes from Arctic LNG 2 in recent weeks. Meanwhile, the second train of Russia's Arctic LNG 2 has approached the project’s location in the Ob Bay, Energy Intelligence understands from ship tracking data and data from the infrastructure operator of the Northern Sea Route (NSR). Full story: https://lnkd.in/d5c_2Z7A #LNG #LNGTrading #LNGShipping #natgas #energymarkets #Russia #sanctions #commodities

"Fuelled by the gas crisis that unfolded in Europe following Russia’s invasion of Ukraine, the Norwegians voiced hopes that the Barents Sea was the place where additional gas resources were waiting to be discovered. In turn, when successful, this would then be a reason to build additional pipeline infrastructure, which would be needed to quickly export the newly discovered volumes. The gas currently produced from the Barents Sea is all going through an LNG terminal, and this terminal will be at capacity for the next few years. But has this drive to renew exploration in the Barents Sea paid off yet?" Link to article: https://lnkd.in/ghipvysd #oilandgas #energytransition #norway #barentssea #exploration #drilling

The second train of Russia's Arctic LNG 2 has approached the project’s location in the Ob Bay, Energy Intelligence understands from ship tracking data and data from the infrastructure operator of the Northern Sea Route. The 6.6 million ton per year train, built at Novatek’s yard in northwestern Russia, should come on line at the end of this year, doubling the project’s current capacity. Crucially, though, the first two trains of Arctic LNG 2 are unlikely to operate at full capacity anytime soon as Novatek still faces a shortage of tankers and technical difficulties due to Western sanctions aimed at curbing Russia's LNG ambitions, observers say. Learn more >> https://bit.ly/3AoPDR9 #Russia #Novatek #ArcticLNG #lng #lngprojects #lngtankers #sanctions #shadowfleet

Now the Australian Energy Market Operator (AEMO) has officially sounded the alarm of a gas shortage, you can set your watch for the ‘why didn’t I think of that’ cries of breaking LNG export contracts to meet domestic demand. Firstly, that won’t do any good through winter as there’s one pipeline from QLD to the southern states, and it’s maxed out. Yes Squadron Energy have an LNG import terminal ready go at Wollongong, but last I heard the regasification vessel had been contracted to Egypt until 2026. Further to that, apparently Squadron was trying to talk Woodside Energy into selling it cheap gas such that it could clip the ticket on east coast supply. Nothing doing apparently, Meg was resolute. Secondly, Australia imports 88% of our petrol and diesel, and there’s a broad overlap between those we export LNG to, with those we import petrol and diesel from. So run your finger down the list below and pick which country you want to alienate. Japan and South Korea have far reaching partnerships and investments in Australian assets and both are to play key rolls in developing our critical minerals industry. So if we leave them alone it becomes a question of how long do you want the queues at the service station to be? That said, considering we’ve got to this point, I wouldn't be surprised if government policy leads to headlines next year of people punching on over a jerry can of diesel. Will be just like covid all over again, and wasn't that fun!? Santos Ltd Origin Energy #gas #energy #energytransition #costoflivingcrisis #whatareyoulookingat

❓ To what extent the Ukrainian gas transmission system can be used as a transit system even after the cessation of Russian transit at the end of 2024? In my latest interview, I spoke with Dmytro Lyppa, the General Director of GTSOU about ⏺ the company’s notable achievements in 2023 ⏺ its strategic efforts in integration with EU transmission systems ⏺ and its pivotal role in securing energy stability and fostering cross-border cooperation, particularly within the context of the ongoing geopolitical challenges #gas #gastransmission #ukraine #energysecurity

🇷🇺🇨🇳 Arctic LNG-2 will be saved by Soviet turbines from China. Gas turbines for power supply to the future Arctic LNG-2 LNG plant, which the American Baker Hughes refused to supply, can be replaced with units from the Chinese Harbin Guanghan Gas Turbine Co. Ltd, part of China Shipbuilding Industry Company. The company will reportedly supply turbines for the first two trains of the LNG project. In this case, each line will require about 150 MW of energy capacity. We are most likely talking about a variant of the GT-25000 machine, the power of which is about 25 MW. One of these modifications is the CGT25-D CSIC turbine, which is already operating at the Yamal LNG booster station. The GT-25000, in turn, is a completely localized version of the Soviet gas turbine turbine UGT 2500 (DA80) from the State Enterprise NPKG Zorya - Mashproekt, located in Nikolaev. The Chinese Research Institute-703 received a license to produce this machine in the 90s. It is expected that the first Arctic LNG-2 line will be put into operation at the end of this year, the second and third in 2024 and 2025. At the same time, the construction of gas carriers necessary for the project was also disrupted due to sanctions. In addition to machines for power supply, replacements for which were found in China, the project requires turbines for the LNG process. Of the 20 required LM9000 units with a capacity of up to 75 MW, Baker Hughes has shipped only four. They want to use them in the LNG process on the first line of Arctic LNG-2, but for the second and third, apparently, solutions will still have to be found.

Today, the USAID Energy Security Project (ESP) Gas Team, together with the representatives of the Energy Community Secretariat, @Joint Research Centre of the European Commission, Naftogaz of Ukraine, Gas TSO of Ukraine, and Ukrtransgaz kicked off the second phase of Ukraine's Underground Gas Storages Reliability Assessment  Project (UGS reliability project).   The stress test scenarios of the project's first phase, completed in the end of summer 2023, helped Ukrainian counterparts gain European traders' trust in the high reliability and resilience of Ukraine's underground gas storage. The project results additionally confirmed the possibility of re-exporting gas stored in UTG's gas storage facilities in customs warehouse mode from Ukraine to the EU throughout this winter until the end of March 2024   Given the success of the project's first phase, the parties decided to continue the UGS reliability project. In practical terms, the project aims to further ensure that the Ukrainian underground gas storage and gas transmission system has sufficient capacity and is secure. In addition, the project will help Ukrainian partners to finally convince European traders of the high reliability and stability of Ukrainian underground gas storage facilities. #energysecurity #energesector #gas #gasindustry #traders #undergroundstorage #gasstorage #gastransmission #reliabilityassessment #usaid #internationaldevelopment #technicalassistance #standwithukraine

👷♂️👷♂️👷♂️Infrastructure…. Lessons Learned… Or not….? 🏗️🏗️🏗️ Seeing the LNG tanker mooring at a German port triggered me…. 😵💫😵💫😵💫 Triggered cause parts of Europe were very much dependent on a single supplier of natural gas and only just escaped a potentially dire situation. The lack of decent infrastructure was laid bare. Parts of this was addressed. Germany for example quickly built LNG facilities which were quickly operational. Others are still, well, sleeping. While Austria can transport natural gas from East to West, the infrastructure to enable significant reverse flows from West to East is not yet in place. One must ask: why not? Finally funds have been approved to fix this earlier this year. I like seeing LNG tankers in Europe as it helps being independent from one single supplier. What triggers me is this complete lack of urgency and the vast mount of lethargy which is responsible for many woes we face. How do you think Europe can address these infrastructure gaps, and what role should investments play in securing a diversified and resilient energy future? #EnergySecurity #LNG #Infrastructure #EuropeEnergy

Eventhough, the EU ban on Russian LNG transshipment will only come into affect end of March 2025, you would expect that in the meantime Russian LNG companies would try reduce their dependency on Belgian/EU transshipment services. Looking at this graph it seems like they haven't found a viable solution for the logistical ordeal they are about to face. Especially with US consistently sanctioning every vessel that comes in touch with the Arctic LNG 2 project and the transshipment barge in Murmansk. Data source: Institute for Energy Economics and Financial Analysis (IEEFA) #EuropeanLNGtracker https://lnkd.in/esaf4EQf Ana Maria Jaller-Makarewicz