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Sovcomflot completes 2018 financing plan

18 Dec No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Sovcomflot Russia’s largest shipping company Sovcomflot has completed its 2018 financing plan with a new $264 million six-year credit facility.  The credit facility is being used for the early refinancing of a balloon payment due on one of the group’s tanker loan facilities maturing in 2019, whilst it

France’s Dunkirk LNG hits reaches daily send out milestone

18 Dec No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Dunkerque LNG France’s Dunkirk liquefied natural gas (LNG) import terminal reached a milestone last week as it hit a record daily send out volumes.  In a brief statement through its social media channels, Dunkerque LNG, the terminal operator, said the daily send out volumes to the gas grid

South Korea’s DSME in another LNG carrier win

18 Dec No Comments gregsamuel_e5x9azx4 LNG World News

For illustration purposes only (Image courtesy of DSME) South Korea’s shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) said Tuesday it has won another order to build a new liquefied natural gas (LNG) carrier. The shipbuilder did not reveal who is the company behind the order saying only it is

Golar gets limited notice to proceed with Tortue FLNG conversion

17 Dec No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Kosmos Energy The Bermuda-based LNG shipping giant Golar LNG said on Monday that it has received a limited notice to proceed from BP for the provision of a floating LNG producing unit for BP’s West African project. Golar LNG entered into a preliminary deal in April with

Annova’s Texas LNG export project gets positive FERC DEIS

17 Dec No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Annova LNG Annova LNG’s proposed Brownsville liquefied natural gas export project in Texas received its draft environmental impact statement prepared by the US Federal Energy Regulatory Commission (FERC). The issuance aligns with the estimated schedule the agency outlined in August and propels the project through another significant

Russia’s Novatek appoints LNG director

17 Dec No Comments gregsamuel_e5x9azx4 LNG World News

Yamal LNG (Image courtesy of Novatek) Russia’s largest independent natural gas producer and LNG operator, Novatek said Monday it made changes to its management board. Starting from January 14, Novatek’s board has elected Evgeny A. Kot as deputy chairman of the management board – LNG director, the company said in

Germany’s Uniper and Japan’s MOL ink Wilhelmshaven FSRU deal

17 Dec No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Uniper German utility Uniper and Japan’s shipping giant Mitsui O.S.K. Lines have reached an agreement to continue and intensify their efforts to implement a floating storage and regasification unit (FSRU) in Wilhelmshaven, Germany. The FSRU will have a planned send-out capacity of 10 billion cubic meters per

South Korea’s November LNG imports rise 19.1 pct

17 Dec 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 3.95 million tonnes of the chilled fuel in November, a rise of 19.1 percent year-on-year. Compared to the previous month, LNG imports rose 12.7 percent, according to the customs data.

Thun Tankers names new LNG-powered vessel

17 Dec No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Thun Tankers Sweden’s Thun Tankers on Saturday held a naming ceremony for its new liquefied natural gas (LNG)-powered tanker in Groningen, Holland. The tanker named Thun Evolve and built at Dutch Ferus Smit shipyard will be long-term leased by Preem for deliveries to the company’s depots and customers

Qatar Petroleum buys interest in three Mexico offshore fields

17 Dec No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Qatar Petroleum LNG giant Qatar Petroleum entered into an agreement with Italy’s Eni to buy a 35 percent participating interest in three offshore oil fields in Mexico. The agreement cover the Amoca, Mizton, and Tecoalli offshore oil fields, which lie in Area 1 in Mexico’s Campeche Bay,

Eni wins approval for Indonesian Merakes project

17 Dec No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Eni Italy’s energy giant Eni has won approval for its Merakes development project in Indonesia. Eni said Monday it will start with the execution of the project following approval received by the Minister of Energy of Indonesia and the authorization for the investment plan sanctioned by the company’s

Qatari LNG cargo heading to UK’s South Hook

17 Dec No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Qatargas The UK’s South Hook LNG terminal located on the shores of the Milford Haven waterway is scheduled to receive a cargo from Qatar this week. The 216,000 cbm LNG carrier Tembek is scheduled to dock at the South Hook jetty on December 22, data from the Milford

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