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Golar: Cameroon FLNG starts full commercial ops

4 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Golar LNG Golar said on Monday that its FLNG Hilli Episeyo located offshore Kribi in Cameroon has started full commercial operations. This follows the acceptance of FLNG Hilli Episeyo under its liquefaction tolling agreement with customers Perenco Cameroon and Societe Nationale Des Hydrocarbures, Golar said in a

Höegh LNG charters FSRU Höegh Esperanza to CNOOC

4 Jun No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Höegh LNG Höegh LNG signed a time charter for the floating storage and regasification unit (FSRU) Höegh Esperanza with CNOOC Gas & Power Trading and Marketing (CNOOC). The time charter is for three years with a one-year extension option, Höegh LNG said in a statement on Monday. Under

Qatar Petroleum to buy stake in ExxonMobil’s Argentinian units

4 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Qatar Petroleum, the world’s largest LNG producer, entered into an agreement with the US energy giant ExxonMobil, to acquire a 30 percent equity stake in two ExxonMobil units in Argentina. The two units ExxonMobil Exploration Argentina and Mobil Argentina hold different hydrocarbon licenses for seven blocks in the Vaca Muerta play

CNOOC sanctions Tianjin LNG terminal expansion

1 Jun No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of CNOOC China National Offshore Oil Corp. (CNOOC) unit, CNOOC Gas & Power said it will begin construction of six liquefied natural gas (LNG) storage tanks at its Tianjin LNG terminal.  The expansion has been approved by the company’s committee on May 28, CNOOC said in a statement.

AGL to reach Crib Point LNG final decision in FY2019

1 Jun No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of AGL Australia’s AGL Energy is eyeing a final investment decision for its and the country’s first LNG import terminal in the financial year 2019.  The company declared Crib Point in Victoria as the preferred site for the terminal, saying it is best placed to serve Victoria, Australia’s largest

Golar LNG drops to loss in Q1

1 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Golar LNG LNG shipper Golar dropped to a loss in the first quarter of the year as its interest expense increased compared to the previous quarter. According to its quarterly report, Golar LNG reported a $21 million net loss, dropping from a $3.8 million profit in the

Aqualis completes Bahrain LNG jacket instalation

31 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Aqualis Offshore Aqualis Offshore said it has completed the jacket installation engineering of a 1800T steel jacket structure offshore Bahrain as part of the Bahrain LNG import terminal. Aqualis Offshore, part of Oslo-listed Aqualis ASA, delivered the project in cooperation with APMC, who were in charge of the transportation

LNG bunkering first for Copenhagen Malmö Port

30 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Copenhagen Malmö Port (CMP) Copenhagen Malmö Port (CMP) completed the first LNG bunkering operation when the liquefied natural gas-fueled cement tanker Ireland called at the port. Ireland bunkered LNG via a truck-to-ship method, while it unloaded cement at Cementa’s facility. The Bunkering operation was carried out by

Swedegas, Barents NaturGass partner on LNG bunkering

30 May No Comments gregsamuel_e5x9azx4 LNG World News

Jill Söderwall from the Port of Gothenburg and Johan Zettergren from Swedegas broke ground for the new plant earlier in the year Nordic gas companies, Swedegas and Barents NaturGass, have signed an agreement to deliver liquefied natural gas (LNG) to a bunkering facility in the Port of Gothenburg.  The infrastructure

GasLog agrees charter deal with Centrica, places order for LNG carrier at SHI

30 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of GasLog Monaco-based LNG shipper GasLog signed a seven-year charter deal with the UK-based energy company Centrica for a newbuild LNG carrier it has ordered at the South Korean shipbuilder Samsung Heavy Industries.  The shipper ordered a 180,000 cubic meter-LNG carrier (HN 2262) with a low-pressure two-stroke propulsion, with

PTT shifts LNG trading focus to China

30 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of PTT LNG Thai state-run oil and gas company PTT could up its LNG trading efforts seeing the demand from China, Vietnam, and Myanmar growing. The decline in demand from Japan, South Korea, Taiwan as well as domestically in Taiwan prompted the company to look elsewhere. Bangkok Post

Petronas posts Q1 profit, LNG sales rise

30 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Petronas Malaysian energy giant Petronas reported a 26 percent jump in its profit for the first three months of the year.  The company’s profit after tax reached 13.0 billion Malaysian ringgit ($3.3 billion) on the back of higher revenue, the company said, adding that its revenue grew

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