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Anadarko to hire 16 tankers for Mozambique LNG transport

22 Mar No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Anadarko US independent Anadarko is looking to hire around 16 liquefied natural gas (LNG) tankers on long-term charters for the transportation of the chilled fuel from the proposed Mozambique LNG project. According to a Reuters report from Thursday, the tankers will deliver LNG from Anadarko’s $20 billion

US LNG export down on week to seven cargoes

22 Mar No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Cheniere Liquefied natural gas exports from the U.S. decreased over the last week, according to data from the Energy Information Administration (EIA). EIA stated in its weekly report that seven LNG vessels, six from Sabine Pass and one from Corpus Christi, departed from the United States from

Flex LNG secures one-year charter for its carrier

22 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of Flex LNG) Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business snagged a charter deal for one of its liquefied natural carriers.  Flex LNG said time-charter agreement has been signed with an international energy major

SHI bags new LNG carrier order

22 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of SHI South Korean shipbuilder Samsung Heavy Industries has booked a new order for a liquefied natural gas carrier.  The company said in a brief statement the order worth 215.4 billion South Korean won ($190.7 million) is from Asian shipowners without disclosing the identity. Additionally, the delivery of

Murphy Oil exits Malaysia in $2.13 bln assets sale

22 Mar No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Murphy Oil Murphy Oil Corporation has signed a sale and purchase agreement to sell its two Malaysian units, Murphy Sabah Oil and Murphy Sarawak Oil, to a unit of PTTEP for $2.13 billion. PTTEP will pay Murphy pay the consideration in cash, plus up to aUS$100 million

Uniper advancing OLT Offshore LNG stake sale talks

21 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of OLT Offshore LNG Toscana German utility company Uniper is reportedly advancing its talks with First State Investments, an Australian fund, over a sale of interest in the OLT Offshore LNG Toscana terminal off Italy.  Uniper currently holds 48.24 percent stake in the facility with the Italian utility

GasLog agrees GasLog Warsaw charter with Endesa

21 Mar No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of GasLog Monaco-based LNG shipper signed a new long-term charter deal with a unit of Endesa for its existing uncommitted newbuild vessel, the GasLog Warsaw. GasLog is scheduled to take delivery of the 180,000 cubic meter Mark III Flex Plus vessel with low-pressure two-stroke propulsion from Samsung Heavy

Damen cuts steel for first short-sea LNG bunker vessel for Eesti Gaas

21 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Damen Dutch shipbuilding giant Damen has cut steel for its first short-sea LNG bunker vessel for Estonia’s Eesti Gaas. Damen said on Thursday that the steel-cutting ceremony for the short-sea LNG bunker vessel was held at the company’s Yichang shipyard in China on March 18, 2019. Eesti

Medco increases Ophir takeover bid to $537 million

21 Mar No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Ophir Energy London-based Ophir Energy on Wednesday said that Medco Energi Global has decided to increase the recommended all cash offer to acquire Ophir.  Ophir and Medco Energy reached an agreement in January to price the offer at 55 pence in cash for each Ophir share. On

Polish LNG terminal awaiting 12th spot cargo

21 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Polskie LNG The President Lech Kaczyński LNG terminal in Świnoujście, Poland, is awaiting the delivery of the twelfth spot cargo of the chilled fuel to the facility. Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) said on Wednesday that the LNG spot cargo would arrive at Świnoujście on Thursday.

India’s LNG imports edge down in February

21 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Petronet LNG India’s imports of liquefied natural gas (LNG) continued its decline reporting lower figures in February.  According to the data from oil ministry’s Petroleum Planning and Analysis Cell (PPAC), India imported 1.9 million cubic meters during February 2019, 9.2 percent below the figures recorded in the

Gazprom completes TurkStream offshore-nearshore sections

21 Mar No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of TurkStream Russian giant Gazprom said that the final weld that connects the offshore and the nearshore sections of TurkStream was completed, marking the finalization of the entire pipeline system in the Black Sea. The procedure, known technically as ‘Above Water Tie-In,’ involved retrieving the nearshore pipeline and

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