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U.S. LNG exports flat on week

30 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Cheniere Liquefied natural gas (LNG) exports from the United States remained flat during the week ending November 28.  During the week under review, US LNG export facilities shipped a total of seven cargoes with a combined capacity of 24.4 Bcf, data from the United States Energy Information

Sabine Pass LNG cargo heading for South Hook

30 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Qatargas The United Kingdom has booked a third cargo for delivery in December to the South Hook LNG terminal on the shores of Milford Haven waterway.  The cargo is not only the third consecutive delivery of the chilled fuel produced in the United States to reach the

Gazprom’s natural gas exports to Europe rising

30 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Gazprom Gazprom’s head Alexey Miller discussed the cooperation in the energy sector, natural gas supply and well as natural gas transmission projects with Markus Ederer, the EU Ambassador to Russia. Gazprom is the largest supplier of natural gas to the European Union, and following the record year of 2017, the company

Shell sells Norwegian fields interest to Okea

30 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Shell Shell’s Norwegian unit, Norske Shell, sold its interest in the Draugen and Gjøa fields in Norway to Okea for 4.52 billion NOK ($526 million). With the deal completion, Shell exits its 44.56 percent operated interest in the Draugen field and 12 percent non-operated interest in the Gjøa field,

TechnipFMC, VanOord selected for Mozambique LNG offshore gig

29 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Anadarko US independent Anadarko Petroleum said that the Mozambique LNG engineering, procurement, construction and installation (EPCI) of the offshore subsea system contract was awarded to TechnipFMC and VanOord.  Anadarko and its partners have discovered more than 75 Tcf of natural gas resources in the Prosperidade and Golfinho/Atum complexes

Höegh LNG Partners reports rise in Q3 profit

29 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Höegh LNG Höegh LNG Partners, the Bermuda-based limited partnership formed by Norway’s floating giant Höegh LNG, reported a jump in net profit for the quarter ended September 30, 2018.  The partnership reported net income of $19.9 million in the third quarter, an increase of $14.5 million from

Vitol inks LNG supply deal with Petronas

29 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Vitol Commodity trading company Vitol signed a binding heads of agreement with the Malaysian energy giant Petronas for a long-term LNG sale and purchase deal.  Under the terms of the agreement the LNG supply to Vitol commencing in 2024 will be approximately up to 0.8 million tonnes per annum for a period

EWC edges forward with its red-tape hampered LNG projects

29 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Sengkang LNG plant (Image courtesy of EWC) Energy World Corporation, the company developing LNG projects in Indonesia and the Philippines, has secured production sharing contract extension for the Sengkang gas field.  Indonesia’s energy regulator SKK Migas has granted a 20-year extension to the Sengkang gas field PSC to EWC’s unit Energy Equity

PEGAS to launch LNG contracts in February 2019

29 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage source: Pixabay under CCO Creative Commons license. Paris-based Powernext, the EEX Group gas activities manager, is set to introduce financially-settled LNG contracts on its trading platform PEGAS. In its statement, Powernext added this will expand its European offering for spot and futures gas trading with a globally traded commodity. The new LNG

Höegh LNG posts record income on strong market

29 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Höegh LNG Norway’s floating storage and regasification unit (FSRU) giant Höegh LNG’s profit for the third quarter of the year rising significantly from the figures reported last year.  The company reported a net profit for the quarter of $6 million, jumping up from $1.1 million in the third

Rosneft, Beijing Gas team up on CNG fueling push

29 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of Rosneft) Russia’s Rosneft signed a deal with Beijing Gas Group to set up a joint venture focusing on developing and operating a network of CNG stations in Russia and consider LNG as fuel.  Under the agreement, Beijing Gas will have a 45 percent in the joint

Smit Lamnalco secures new towage deal in Gladstone

28 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Smit Lamnalco Dutch towage company Smit Lamnalco secured a new exclusive license by Gladstone Ports Corporation (GPC) to provide towage services in the port of Gladstone.  The license will commence on 1 January 2019 for a five-year term, with an option to extend for a further three

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