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AIDA Cruises lays keel for second LNG-powered cruise ship

16 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Keel-laying ceremony Source: Aida Germany-based AIDA Cruises, a Carnival Corporation brand, has held a keel-laying ceremony for an LNG-powered cruise ship at the Neptun Werft shipyard in Rostock. Carnival said that the first building-block for AIDA Cruises’ second LNG-powered cruise ship was put in place on October 15, 2019. During

GAIL selling two, seeking one LNG cargo

15 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of GAIL State-run gas company GAIL India has reportedly offered a couple of U.S. liquefied natural gas cargoes for sale.  Citing sources, Reuters reports the pair of cargoes will be loaded at Dominion’s Cove Point LNG facility on November 10-12 and December 16-18. Both cargoes are set for

Drewry: US sanctions bump LNG shipping rates

15 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of DSME) Tight vessel supply and seasonal firmness in demand have pushed LNG shipping rates to $130,000/day from $80,000/day at the end of September.  Furthermore, the upward momentum in rates is expected to be maintained in the fourth quarter of 2019 due to a reduction

Inpex pens Abadi LNG PSC deal extension

15 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Inpex Japan’s Inpex Corporation with its joint venture partner Shell, signed an amendment and extension to the Masela block production sharing contract (PSC). Inpex said the amendment, signed through its Inpex Masela unit, includes a 7-year additional time allocation and a 20-year extension for the Abadi LNG

Elba Island LNG nearing first cargo export

15 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Kinder Morgan Kinder Morgan-led Elba Island liquefaction project near Savannah, Georgia could soon export its first cargo shipping data indicates.  Shell-chartered liquefied natural gas carrier Gemmata is docked at the facility, AIS data provided by VesselsValue shows. The vessel arrives some two weeks following the United States

Gazprom preparing first Power of Siberia pipeline gas to China

15 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Central booster compressor station at Chayandinskoye field; Source: Gazprom Russian giant Gazprom is making preparations for the first pipeline supplies of Russian gas to China via the Power of Siberia gas pipeline.  Gazprom said that the efforts for filling up the pipeline with gas from the Chayandinskoye field in Yakutia were on schedule, with start-up and commissioning operations undergoing

Naturgy snaps up Mubadala’s stake in Medgaz

15 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Medgaz The Spanish utility company, Naturgy and Algeria’s Sonatrach have entered into an agreement with Mubadala for the acquisition of the 42.09 percent stake that it holds in Medgaz. Following the completion of the transaction, Medgaz will be entirely owned by Sonatrach with a 51.0 percent stake

XPO Logistics expands LNG-fueled truck fleet

15 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of XPO Logistics XPO Logistics, a provider of transportation and logistics solutions, has expanded its LNG-fueled fleet with the purchase of 100 Stralis Natural Power Euro VI tractors from IVECO. The new tractors will be dedicated to the company’s less-than-truckload network in France, serving customers in the Greater

APPEA: Natural gas industry contributes $55bln to Queensland economy

15 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of APPEA The natural gas industry contributed around $55 billion to Queensland’s economy over seven years, according to a new report released today by Lawrence Consulting.  The report, published on the website of the Australian Petroleum Production & Exploration Association (APPEA), claims that almost $5 billion was spent on wages

South Korean shippers eye deals for Qatari LNG newbuilds

14 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of Qatargas) Five South Korean shipping companies could partner up to secure liquefied natural gas transportation services for Qatar’s LNG production capacity expansion project.  Citing industry sources, Yonhap News Agency, reported that Korea Line Corp, Pan Ocean, Hyundai LNG Shipping, SK Shipping and H-Line Shipping

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