A liquefied natural gas (LNG) tanker arr

One of the world’s first LNG exporters – Indonesia – is facing increasing domestic demand and dwindling gas reserves, motivating national oil company Pertamina to secure LNG imports. The company has already contracted supply from Cheniere Energy starting 2018 and recently announced plans to acquire a stake in a US Eagle Ford Shale producer before ultimately taking equity positions in US liquefaction. “Pertamina is also in talks to buy a stake in a U.S. shale gas producer operating in the Eagle Ford basin, Didik said, but declined to provide details due to the confidentiality of the negotiations. Eventually, the company will look at buying into LNG export terminals in the United States. “The first step is to secure the LNG supply,” Didik said. “Then we need to mitigate the price risk by going upstream. And then, to connect the whole value chain, we need to go into liquefaction.” [Rigzone]

The US Navy is switching to LED lighting on many of its vessels, a move that will achieve significant savings on both energy costs and consumption. “If all the traditional lamps on a Ticonderoga were replaced with LED lighting, the estimated annual savings at ten-cents per kilowatt hour would be $564,000.  Multiply that by the 22 Ticonderoga-class warships in the fleet, and the annual savings total $12,400,000 — just for switching light bulbs!” [Forbes]

Danish DONG energy received approval for a 258 MW expansion of the Burbo Bank wind farm located offshore Liverpool Bay. “DONG Energy had previously confirmed with reporters that it was aiming to deploy 32 of Vestas’ newest 8 MW offshore wind turbines during the expansion — as a means of testing out the technology before wider use.” [CleanTechnica]