South Korea gets first LNG Canada cargo

Shell-chartered GasLog Glasgow arrived in Tongyeong, home of the Kogas-operated Tongyeong LNG import terminal, on Thursday, its AIS data provided by VesselsValue shows.

South Korea’s Kogas, Japan’s Mitsubishi, Malaysia’s Petronas, and PetroChina are LNG Canada shareholders and offtakers of LNG.

At 40 percent, Shell has the largest working interest in the LNG Canada joint venture.

Shell started production at the first liquefaction train at its LNG Canada export terminal on June 22.

GasLog Glasgow loaded the first LNG Canada cargo and departed the facility on June 30, marking Canada’s entry onto the map of LNG exporting nations.

The LNG carrier’s AIS data first indicated that the vessel was heading to the Kogas-operated Incheon LNG terminal.

Moreover, the 174,000-cbm Puteri Sejinjang, chartered by Malaysia’s Petronas, loaded the second shipment and departed the Kitimat facility last week.

Petronas sent this LNG cargo to Japan. 

The 174,000-cbm Diamond Gas Metropolis, which is serving Mitsubishi’s unit Diamond Gas International, arrived at the LNG Canada jetty during the last weekend.

Diamond Gas Metropolis left the Kitimat facility earlier this week. It is also heading to Japan.

In addition, the 174,000-cbm LNG carrier Wudang, which serves PetroChina International, was on Friday located at the LNG Canada jetty.

This vessel will load the fourth LNG cargo.

14 mtpa

Each LNG Canada joint venture participant will provide its own natural gas supply and individually offtake and market their respective share of LNG from the project.

Shell and its partners made the final investment decision on the LNG Canada project in October 2018.

Contractor JGC Fluor is constructing the first phase of the project.

One of the largest private investments in Canadian history, the plant will initially produce 14 million tonnes per annum (mtpa) LNG for export.

With a proposed Phase 2 expansion, Shell and its partners plan to double the terminal’s capacity to 28 mtpa.