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South Korea’s October LNG imports up almost 38 pct

15 Nov No Comments gregsamuel_e5x9azx4 LNG World News

For illustration purposes only (Image courtesy of Kogas) South Korea, the world’s third buyer of liquefied natural gas (LNG), received 3.79 million tonnes of the chilled fuel in October, a rise of 37.9 percent year-on-year. Compared to the previous month, LNG imports rose 12.7 percent, according to the customs data.

Teekay LNG turns to profit in Q3

15 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Teekay Teekay LNG Partners, one of the world’s largest owners of LNG carriers, reported a significant rise in net income for the third quarter of the year 2018. The net income for the third quarter jumped to $25.9 million from $2.7 million in the previous quarter and

GasLog Partners closes $207.4m LNG carrier acquisition

15 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomFor illustration purposes only (Image courtesy of GasLog) GasLog Partners, the New York-listed spinoff of LNG shipper GasLog, said Wednesday it closed the previously announced acquisition of LNG carrier Methane Becki Anne. GasLog Partners bought from its parent company 100 percent of the shares in the entity that owns and charters

EnergyQuest: Australia’s LNG exports grow in October

14 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomLNG vessel Pacific Breeze loading first Ichthys LNG cargo (Image courtesy of Inpex) Liquefied natural gas exports from Australia were up in October at 6.4 million tonnes, compared with 5.8 mt in September, boosted in part by Ichthys LNG start up, the energy consultancy, EnergyQuest notes. The consultancy noted that 95

Venture Global’s Plaquemines LNG gets draft EIS

14 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Venture Global LNG The United States Federal Energy Regulatory issued a draft Environmental Impact Statement for Venture Global’s Plaquemines project on the Mississippi River in Louisiana.  The proposed project would include a new liquefied natural gas (LNG) export terminal and two 42-inch-diameter pipelines in Plaquemines Parish, Louisiana. The FERC

ADNOC extends long-term supply deal with ADNOC LNG

14 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of ADNOC The Abu Dhabi National Oil Company (ADNOC), has agreed, in principle, to extend its gas supply agreement with ADNOC LNG to 2040, in coordination with ADNOC LNG’s joint venture partners, Mitsui, BP and Total. The new gas supply agreement is scheduled to take effect from April

Japan’s NYK inks LNG carrier charter deal with China’s Unipec

14 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of NYK Line Japanese shipping giant Nippon Yusen Kaisha (NYK Line) signed a charter contract with China’s Unipec, the trading arm of state oil major Sinopec, for a 149,700-cbm LNG carrier. NYK will charter the 2007-built Grace Acacia to Unipec for four-and-a-half years starting in February 2019. Chinese

Changfeng completes Canada-China LNG delivery trial

14 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomIllustration purposes only (Image courtesy of Changfeng Energy) Changfeng Energy, Chinese energy provider completed its trial run of a liquefied natural gas (LNG) shipment from Canada to China using ISO-containers. The LNG shipment from the Vancouver port was arranged by Changfeng and it arrived at the Shanghai port on November

COSCO Shipping Heavy Industry signs service deal with GTT

14 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of CHI COSCO Shipping Heavy Industry (CHI) signed a technical service agreement (TSA) with the French LNG containment specialist GTT, to carry out LNG carrier repairs.  The TSA follows a strategic cooperation agreement CHI signed with GTT during last year, the company said in its statement. It further

Prometheus, Summit open Lebanon, Missouri LNG facility

14 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Prometheus Houston-based liquefied natural gas supplier Prometheus Energy and Summit Natural Gas of Missouri cut the ribbon at Summit’s new LNG facility in Lebanon, Missouri. The facility will increase Summit’s natural gas capacity to fuel the regions’ economic growth and peak seasonal natural gas requirements, the company said in

GasLog LNG carrier not damaged after Heraklion grounding

13 Nov No Comments gregsamuel_e5x9azx4 LNG World News

For illustration purposes only (Image courtesy of GasLog) Liquefied natural gas (LNG) carrier GasLog Saratoga, owned by Monaco-based shipping company GasLog, suffered no damage after it ran aground on November 9 while approaching the port of Heraklion on the Greek island of Crete. The 155,000-cbm GasLog Saratoga “was in a

LR approves STX’s LNG-fueled MR tanker design

13 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Lloyd’s Register Lloyd’s Register has granted an approval in principle to STX for a 50,000 dwt MR tanker design capable of using LNG as a fuel.  STX incorporated an LNG-fuelled propulsion system into their existing conventional MR tanker design with technical assistance and support from LR, ensuring

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