Page 41: of Maritime Reporter Magazine (April 2006)

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April 2006 41

LNG Solutions Group

Launches First Service

Det Norske Veritas (DNV), Sutherland

Asbill & Brennan LLP, and Ziff Energy

Group have formed the LNG Solutions

Group to provide a range of integrated services for LNG stakeholders that face the opportunities and challenges of bringing natural gas supply to North

America.

LNG Solutions Group members have served numerous key natural gas and

LNG stakeholders, from the wellhead to the burner tip, such as AES, Alaska,

BP, Chevron,

Dominion, Duke,

Enbridge, El Paso,

ExxonMobil, Gas

Metro,

HydroQuebec,

Iroquois Pipeline,

Irving Marathon,

Morgan Stanley,

Rhode Island,

Shell, Statoil,

Tractebel,

TransCanada and

Williams. "Our law firm often is asked to advise LNG clients about the business, market, operational and risk manage- ment implications of regulatory and contractual issues," said Jake Dweck,

LNG Group chair of Sutherland Asbill & Brennan LLP. "With the LNG

Solutions Group, we are now in a posi- tion to ensure that our clients receive the best integrated advice regarding every project or issue."

The LNG Solutions Group aims to provide comprehensive guidance and insight in the fast evolving LNG envi- ronment. "While the adequacy of LNG infrastructure here has been the focal point until recently, we now anticipate more than adequate North American regasification capacity, primarily in the

Gulf of Mexico, supplemented by strate- gic facilities in Mexico and Canada feeding nearby US markets," said Paul

Ziff, CEO of the Ziff Energy Group. "The major challenge for the U.S. today involves the timing and availability of liquefaction sources abroad, including the anticipated supply draw and price competition from European and Asia

Pacific markets. Other factors affecting the US market include the newly announced deal for Alaskan gas, the fits and starts of the emerging global short- term and spot trade, and continuing interchangeability concerns."

Chinese Yards to Build

More LNG Tankers

Chinese shipbuilders are gearing up to build liquefied natural gas (LNG) tankers as the government approves more projects to import the fuel.

China's first home-built LNG tanker will be completed in November by

Shanghai's Hudong-Zhonghua

Shipbuilding Company, which has orders for three more at about $200 mil- lion apiece.

Teekay Pursues

FPSO Projects

Teekay Shipping announced an agree- ment with PGS Production AS to form a joint venture company called Teekay

Petrojarl Offshore that will focus on pur- suing opportunities in the market for

Mobile Production Solutions with emphasis on developing solutions through Floating Production Storage and Offloading (FPSO) units. 7HITE!VENUE "ELOIT 7ISCONSINs53!s4ELns&AXnsWWWFAIRBANKSMORSECOM %NGINES &AIRBANKS-ORSE%NGINEHASBEEN MANUFACTURINGMEDIUM SPEEDDIESEL ENGINESFORMARINEAPPLICATIONSFOROVER YEARS!PPLICATIONSINCLUDETUGS WORKBOATS DREDGES lSHINGVESSELS .AVYAND#OAST'UARDSHIPS ANDA WIDERANGEOFOTHERVESSELSOPERATING ININLANDWATERS ASWELLASTHEWORLDS OCEANS&ROM-7TO-7 EACHENGINEISBACKEDBYAN)3/ CERTIlEDQUALITYASSURANCEPROGRAMAND FACTORYDIRECTSUPPORT 3ERVICE &AIRBANKS-ORSE%NGINE OFFERSAFULLRANGEOF SERVICEPROGRAMS &ACTORY DIRECTROUTINE ANDEMERGENCY SERVICEISALWAYS AVAILABLEWORLDWIDE &AIRBANKS-ORSE %NGINEALSOHAS THECAPABILITIESTO CUSTOMIZEASERVICE CONTRACTTHATCANBE TAILOREDTOMEETAWIDE VARIETYOFOPERATIONALPROlLES 0ARTS &AIRBANKS-ORSE%NGINEISTHE/%- ANDAUTHORIZEDPARTSANDSERVICE ORGANIZATIONFOR #OLT 0IELSTICK /PPOSED0ISTON &-!,#/ AND &- -!."7 ENGINES &AIRBANKS -ORSE%NGINE ISYOURONLY SOURCEFOR QUALITY/%- REPLACEMENT PARTSTOMAINTAIN FACTORYLEVEL FUELCONSUMPTION HORSEPOWER ANDOVERALL PERFORMANCE -ARINE0ROPULSIONAND%LECTRICAL'ENERATION

Circle 233 on Reader Service Card

LNG

From the top: Paul

Ziff, CEO, Ziff Energy; and Jake Dweck,

Sutherland Asbill &

Brennan LLP.

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