Cedigaz is pleased to announce the release of the latest update of its LNG databases on Liquefaction plants, Regasification terminals and Long-term contracts have been updated. You will find below a summary of the most important developments that were included in the databases in Q1 2016.
Liquefaction projects:
The most significant event in Q1 2016, is indisputably the shipment of the first US LNG cargo from Cheniere’s Sabine Pass project in February. In Australia, Chevron started producing LNG and condensate at its 15.6 Mmtpa Gorgon LNG project. The first shipment of LNG has left Barrow Island, bound for Japan. The two additional 5.2 Mmtpa trains will be progressively commissioned throughout 2016-2017. In Indonesia, the startup of the Sengkang LNG project has been pushed back by one year and we now expect it to start commercial production in 2017. Depressed prices have continued to weigh on project development. In Australia, Woodside decided to freeze the Browse FLNG project. In Indonesia, the Abadi project, another large FLNG, was postponed and will be probably be redesigned as an onshore project. In Colombia, financially embattled PEP has canceled its FLNG project and in Canada, Altagas has announced the postponement of the Douglas Channel LNG projects in Canada.
