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MHI christens second Sayaringo STaGE LNG carrier

6 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Mitsubishi Heavy Industries Mitsubishi Shipbuilding, a unit of Mitsubishi Heavy Industries (MHI), christened the second Sayaringo STaGE type vessel, the Diamond Gas Rose. LNG carrier under construction for a joint venture of Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK Line), features increased LNG carrying capacity and fuel

Coalition urges investment in LNG as fuel

4 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of SEALNG SEA\LNG, the coalition promoting the use of LNG as marine fuel stressed the importance of continuing investment in the sector in order to meet both air quality and greenhouse gas (GHG) emissions targets. Aiming to aid the industry and governments in making a pragmatic and balanced analysis

China LNG Group extends LNG tanks order with CIMC Enric

3 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of CIMC Enric China LNG Group, through its unit, Gangzong Trade signed a deal with CIMC Enric Energy for the acquisition of liquefied natural gas (LNG) tank containers.  The latest agreement is valued at 475 million Chinese yuan ($71.4 million), the company said in a filing to the stock

CNOOC starts Ningbo LNG terminal expansion

29 Jun No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of CNOOC China National Offshore Oil Corp (CNOOC) began construction works on the second phase of the Ningbo LNG import terminal in Zhejiang province.  The facility located in the Zhejiang province currently has a capacity to handle 3 mtpa of LNG. Citing a Zhejiang provincial government, Reuters reports the

Furetank’s LNG-fueled Fure Vinga named at home port Donsö

29 Jun No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Furetank Rederi Sweden-based Furetank a part of the Gothia Tanker Alliance, held a name giving ceremony for its LNG-fueled intermediate product and chemical tanker, Fure Vinga. The ceremony was held at the vessel’s home port, Donsö, Furetank Rederi said in a brief statement through its social media channels. The

US LNG exports up for second week running

29 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Cheniere Liquefied natural gas (LNG) exports from the United States have risen during the week ending June 27, edging up for the second week in a row, the Energy Information Administration said in its weekly natural gas report. Six liquefied natural gas (LNG) tankers with a combined

Asian spot LNG prices drop

29 Jun No Comments gregsamuel_e5x9azx4 LNG World News

For illustration purposes only; Pyeongtaek LNG terminal in South Korea (Image courtesy of Kogas) Asian spot prices for liquefied natural gas (LNG) reportedly dropped for a second consecutive week due to lower trading activity and a slow down in buying from China. Spot prices for August delivery in Asia fell

Nexans gets umbilicals job as Equinor boosts Hammerfest LNG resource

29 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Equinor – Ole Jørgen Bratland French cabling and connectivity solutions specialist, Nexans, has been contracted by Equinor to design and manufacture umbilicals to control the Askeladd’s subsea production systems in the Barents Sea. The Snøhvit gas field in the Barents Sea is now entering part two of its multi-phase development

Novatek, Sovcomflot partner up on LNG shipping

29 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Novatek Russia’s largest independent natural gas producer Novatek signed a strategic agreement with its compatriot shipper Sovcomflot, to partner up on transporting LNG and condensate from the Arctic LNG projects.  These projects include Novatek’s Yamal LNG, Arctic LNG 2 and other Arctic projects of the company. “Our unique

Teekay LNG Partners makes CFO switch

29 Jun No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Teekay Teekay LNG Partners said that Brody Speers, the current chief financial officer (CFO) of Teekay Gas Group has been appointed as vice president, corporate finance, of Teekay Shipping (Canada). Scott Gayton, who currently serves as a vice president at Teekay, has been appointed to assume the CFO

IGU report: LNG trade up 12 pct in 2017

28 Jun No Comments gregsamuel_e5x9azx4 LNG World News

zoomIllustration purposes only (Image courtesy of Chevron) The year 2017, another record-breaking year for LNG trade, reinforces the global role liquefied natural gas has on the expansion of the use of natural gas, an International Gas Union (IGU) report shows.  After steady growth in recent years, global LNG trade in

Gas Natural Fenosa becomes Naturgy

28 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Francisco Reynés, chairman and CEO of Naturgy (image courtesy of Naturgy) Spanish LNG operator Gas Natural Fenosa has decided to follow the change in the market and change its name to Naturgy after 175 years.  The company said it aims to focus on innovation, digitalization, simplicity, as part of its new path undertaken by the

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