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
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
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
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
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
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
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
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
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