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Germany’s first LNG terminal sparks customer interest

3 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomFor illustration purposes only (Image courtesy of German LNG Terminal) A plan to build Germany’s first liquefied natural gas (LNG) import and distribution terminal has attracted interest from several potential customers of the facility, according to the joint venture that is behind the project. Dutch companies Gasunie and Vopak and Germany’s

Novatek to start up Yamal LNG train 3 by January 2019

3 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Novatek Russia’s largest independent natural gas producer, Novatek, aims to start up its second and third liquefaction trains at the Yamal LNG project by January 2019.  Speaking to media, Novatek’s CEO Leonid Mikhelson said the second liquefaction train at the Yamal LNG project is set to start

Photo: Dutch Gate terminal in small-scale LNG milestone

3 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Gate The Gate terminal in the Dutch port of Rotterdam said it has for the first time loaded two small-scale liquefied natural gas (LNG) carriers at the same time on May 1. The Dutch first LNG terminal said in a statement that Shell’s Cardissa LNG bunkering vessel was

Bureau Veritas approves MODEC’s new vessel concept

3 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of MODEC Bureau Veritas awarded the approval in principle (AiP) to the Japanese provider of offshore floating solutions, MODEC, for its new floating storage, regasification, water-desalination and power generation (FSRWP) concept. According to MODEC, the FSRWP is the evolution of a floating storage and regasification unit (FSRU) with the

Finland’s Containerships sees LNG-fuelled future

3 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Containerships Finnish shipping company Containerships is pushing forward with its plans to boost the use of liquefied natural gas (LNG) as fuel for ships and trucks in order to reduce emissions and meet tightening IMO regulations. The company has currently four new dual-fuel container vessels under construction

Venture Global LNG inks supply deal with Galp

3 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Venture Global LNG Venture Global LNG signed a sales and purchase deal with the Portuguese energy player, Galp, for the delivery of LNG from the Calcasieu Pass export facility, currently under development in Cameron Parish, Louisiana. Under the agreement, Galp would lift 1 million tons of LNG per year

Marathon Oil swings to profit

3 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Marathon Oil Houston-based energy company and operator of the Equatorial Guinea LNG plant, Marathon Oil, swung to a first-quarter profit as its production increased.  Marathon Oil reported a net income of $356 million compared to a $28 million loss in the corresponding period last year. The company’s adjusted net income was $154 million, compared to $56 million in

McDermott and CB&I granted stockholder approval

3 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of CB&I McDermott International and CB&I said both companies have received the necessary stockholder approvals to complete the proposed business combination. As previously reported, upon completion of the transaction, McDermott stockholders will own approximately 53 percent of the combined company on a fully diluted basis and CB&I shareholders will

Santos sells Southeast Asian assets to Ophir

3 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomIllustration purposes only (Image courtesy of Ophir) Australian LNG player, Santos sold its Southeast Asian assets to the London-based Ophir Energy for a cash consideration of $221 million.  The portfolio of assets includes material producing assets in Vietnam and Indonesia plus exploration and appraisal assets in Malaysia, Vietnam and Bangladesh.

Japan’s Chiyoda nets Abu Dhabi digital LNG contract

2 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of ADNOC LNG Japan’s Chiyoda Corporation has signed a deal with Abu Dhabi’s LNG producer and operator, ADNOC LNG to provide digital technologies, including artificial intelligence and big data analysis for the Das Island LNG facilities. The memorandum of understanding was signed on April 29 in Abu Dhabi. Under the

Pradhan calling on Japanese partners to build India’s LNG infrastructure

2 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Dharmendra Pradhan India’s minister of petroleum and natural gas, Dharmendra Pradhan looked to bring on Japanese partners to build India’s LNG infrastructure during talks with Japan’s minister of economy, trade and industry, Hiroshige Seko.  In a brief statement through his social media channels, Pradhan said he discussed synergies between

LR to class Swan LNG’s Jafrabad FSRU

2 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Lloyd’s Register Lloyd’s Register signed a contract to class the floating storage regasification unit (FSRU) ordered by Swan LNG, a unit of Swan Energy. The vessel to be stationed at Jafrabad port, will be built to LR’s Rules for the Classification of Offshore Units by Hyundai Heavy

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