Image courtesy of VT Halter Marine VT Halter Marine, a VT Systems company, cut the first steel for America’s first liquefied natural gas articulated tug and barge (LNG ATB) unit, marking the start of construction. “We believe that this is a significant step towards the USA becoming the premier supplier
Peru dispatches LNG cargo to South Korea
Image courtesy of Peru LNG Peruvian liquefied natural gas (LNG) shipped its first cargo of the month March and only the second after the facility came back online following a pipeline rupture in February. Shipping data from the state-owned Perupetro shows that the 135,072-cbm LNG carrier Gallina, departed the plant on
Australia: APLNG maintenance shutdown starts
zoomImage courtesy of APLNG More than A$5 million ($3.9 million) will be spent on Gladstone businesses within the next two months during Australia Pacific LNG export project’s planned shutdowns. As previously informed by APLNG, the two-train 9 mtpa plant on Curtis Islands near Gladstone will have one unit closed from March 8-23
Croatian LNG terminal granted environmental permit
zoomIllustration purposes only (Image courtesy of LNG Croatia) Croatian liquefied natural gas (LNG) import terminal on the island of Krk has reportedly received the environmental permit from the Ministry of Environmental Protection and Energy. According to local media reports, ministry’s commission in charge of reviewing the environmental impact of the FSRU-based
Trinidad’s Jan LNG production hits three-year high
Offshore Trinidad and Tobago (Image courtesy of BP) Trinidad and Tobago’s liquefied natural gas (LNG) production increased 20 percent year-on-year in January to 2.7 million cubic meters. This was the highest monthly LNG production since January 2015 when Atlantic LNG’s Point Fortin facility produced 2.87 million cubic meters, according to
Chevron banks on capital discipline to secure growth
Image courtesy of Chevron US energy giant and LNG player, Chevron, is focused on growing the company’s free cash flow in 2018 and beyond even with no commodity price appreciation. “We expect to deliver stronger upstream cash margins and production growth. This is a powerful combination,” said Michael Wirth, Chevron’s chairman
Australia, Timor-Leste sign milestone maritime boundary treaty
zoomImage courtesy of Geoscience Australia Australia and Timor-Leste signed a treaty establishing permanent maritime boundaries as well as a framework to jointly develop the Greater Sunrise gas fields. The treaty was brokered by the Conciliation Commission established under the UN Convention on the Law of the Sea (UNCLOS), the statement
Engie gearing for growth as it swings to profit
zoomImage courtesy of Engie French energy company and LNG player Engie swung to profit for the year 2017, reporting an income of €1.4 billion ($1.74 billion), compared to a €400 million net loss in 2016. Engie noted that the result was boosted by “notably lower impairments” compared to 2016. The company said
GTT completes new LNG fuel tank tech testing
Image courtesy of GTT French liquefied natural gas (LNG) containment system specialist, Gaztransport & Technigaz (GTT) developed and completed the testing phase of its new technology named LNG Brick. This solution, comprising a Mark III membrane system, is delivered as a block ready to be installed into the ship structure,
USA: Stabilis expands LNG distribution business with Prometheus acquisition
Image courtesy of Prometheus Energy US LNG producer and provider Stabilis Energy said Wednesday it had completed the acquisition of a majority interest in Prometheus Energy. The acquisition combines two of the “leading” liquefied natural gas production and distribution companies to form a full-service provider capable of delivering LNG to