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Jumbo completes work on Moheskhali FSRU project

4 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Jumbo Offshore Jumbo Offshore, the heavy lift specialist, said it has completed the work on the Moheskhali floating liquefied natural gas (LNG) import terminal in Bangladesh.  The company was contracted by Geocean in 2017 to transport and install the mooring system for the FSRU, Jumbo said in its

Pembina says moving forward with US Jordan Cove LNG project

4 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Jordan Cove LNG Pembina Pipeline Corporation, one of Canada’s largest energy infrastructure companies, said Thursday it was moving forward with the planned Jordan Cove liquefied natural gas (LNG) export project in the US. Pembina said in its first-quarter report it also continued to progress the related Pacific Connector

DEPA to take part in Alexandroupolis FSRU market test

4 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Gastrade Greek state-run DEPA signed a deal with the compatriot utility Gastrade to participate in the market test to be carried out in the coming months for the LNG terminal project in Northern Greece. The agreement is following up on the cooperation deal that ensured Depa’s participation in the Alexandroupolis FSRU project

Asian spot LNG prices steady

4 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomFor illustration purposes only (Image courtesy of Tokyo Gas)  Asian spot prices for liquefied natural gas (LNG) reportedly remained firm over the past week, supported by strong oil and coal markets. Asian LNG prices for delivery in June LNG-AS were at $8.1 per million British thermal units (mmBtu), up 15 cents

Malaysia Marine and Heavy Engineering Q1 loss deepens

4 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of MHB LNG carrier repair specialist Malaysia Marine and Heavy Engineering’s (MHB) pre-tax loss deepened in the first quarter of 2018, despite early signs of pick up in upstream and offshore activities.  The company reported a pre-tax loss of 25.3 million Malaysian ringgit ($6.4 million) for the first

US LNG exports decrease on week

4 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Cheniere Liquefied natural gas (LNG) exports from the United States declined during the week ending May 2, the Energy Information Administration said in its weekly natural gas report. Five LNG vessels with a combined capacity of 17.8 billion cubic feet (Bcf) have departed Cheniere Energy’s Sabine Pass

Wartsila completes Transas acquisition

4 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Qaersila Finnish technology group Wärtsilä said that its €210 million ($250.4 million) acquisition of Transas, a global marine navigation company headquartered in the U.K., has been finalized. Control of the company will be transferred to Wärtsilä effective from May 4, 2018, the company’s statement reads. Transas provides

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

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