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Chinese June LNG imports rise YoY

23 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Imports of liquefied natural gas (LNG) into China during the month of June have risen compared to the corresponding period last year. The country that is pursuing the switch from coal to natural gas for heating and industrial purposes, saw its June LNG imports reach 3.97 million tonnes, 31.3 percent

Venice Energy lines up Port Adelaide LNG import project

23 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomIllustration purposes only (Image courtesy of Höegh LNG) Melbourne-headquartered Venice Energy plans to develop an FSRU-based liquefied natural gas (LNG) import terminal in Port Adelaide.  Speaking to Reuters, Venice Energy’s managing director Kym Winter-Dewhirst, said the project would start up in 2020. The company is looking to file a development

India’s LNG imports continue to rise

20 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Kochi LNG storage tanks (Image courtesy of Petronet LNG) India’s imports of liquefied natural gas (LNG) surged in June as compared to the last year, logging an increase for the fourth consecutive month following a drop in February. India imported 2.51 billion cubic meters of LNG or about 1.90 million

US Elba Island LNG export project pushed back

19 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomElba Island regasification terminal (Image courtesy of Kinder Morgan) US energy firm Kinder Morgan said on Wednesday that the start-up of its Elba Island liquefied natural gas (LNG) export project near Savannah, Georgia had been pushed back. Initial in-service date for the liquefaction facility located near the existing import facility at Elba

Japan’s LNG imports down 10.3 pct in June

19 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Japanese imports of liquefied natural gas (LNG) dropped 10.3 percent in June as compared to the same month a year ago, according to the provisional data released by Japan’s Ministry of Finance. Japan, the world’s top LNG buyer, imported 5.55 million tonnes of LNG last month. This was the lowest monthly number

Minister: India to save up to $1.4 billion on renegotiated Gazprom LNG deal

18 Jul No Comments gregsamuel_e5x9azx4 LNG World News

For illustration purposes only; Dahej LNG terminal (Image courtesy of Petronet LNG) India could save up to 95 billion rupees ($1.39 billion) as part of the renegotiated long-term liquefied natural gas (LNG) supply deal with Russian gas giant, according to India’s minister of petroleum and natural gas, Dharmendra Pradhan. The initial 20-year

Gasum’s half-year revenue jumps 18 percent

17 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Gasum Gasum, the Finnish energy gas company, reported an 18 percent rise in revenue during the first half of the year compared to the first six months of 2017.  The revenue for the first six months of 2018 stood at 597.5 million euro ($698.9 million) the company

Shell seeking permit to import LNG into Indonesia

17 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Shell The Hague-based LNG giant Shell with partners is looking for a government approval to import liquefied natural gas into Indonesia.  Speaking to the media, Indonesia’s oil and gas director general Djoko Siswanto said the company has proposed the LNG imports to the government, however, it has not

Hapag-Lloyd names LNG-ready containership

17 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Hapag-Lloyd German-based Hapag-Lloyd named the liquefied natural gas (LNG)-ready 15,000 TEU containership Afif in the London Gateway. Happag-Lloyd noted the vessel belongs to the category of ultra large container vessels, the second-largest ship class in Hapag-Lloyd’s fleet. The Afif was built for United Arab Shipping Lines (UASC) in

Enagás profit, Spanish gas demand rise in first half of 2018

17 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Enagás Spanish LNG terminal operator, Enagás reported a net profit of 219.8 million euros ($258 million) in the first half of 2018, 1 percent higher than that of the same period of the previous year. The contribution by affiliate companies to net profit in the first half of

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