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China LNG Group buys 275 LNG tank containers

28 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of CIMC Enric China LNG Group signed a deal with CIMC Enric Holdings for the purchase of 275 LNG tank containers for a total consideration of 126 million Chinese yuan renminbi ($19.7 million). Under a strategic cooperation deal between the two companies, China LNG Group agreed to purchase

Power generation, transport to push gas growth, Gazprom’s head says

28 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomAlexey Miller (Image courtesy of Gazprom) Growing role of gas in the global energy mix is to come primarily from power generation and transport, Gazprom’s head Alexey Miller said. Speaking at an economic forum in St. Petersburg, Miller said that in regards to power generation, it is a “cost-effective and viable

Japan eyeing Yamal LNG participation

28 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomShinzo Abe during the press conference on his visit to Russia (Image courtesy of Prime Minister of Japan Office) Japan is considering the option of joining the Novatek-led Yamal LNG project the country’s prime minister told at an event in St. Petersburg.  Russian news agency Sputnik quoted Shinzo Abe as

Top news of the week May 21-26

27 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Höegh LNG Total to come on board Novatek’s Arctic LNG 2 project France’s Total could jump onboard the Arctic LNG 2 project being planned by Russia’s largest independent natural gas producer Novatek. Venture Global bags long-term LNG supply deal with BP Venture Global LNG, signed a deal

Lithuanian terminal receives 50th LNG cargo

25 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Höegh LNG Höegh LNG’s FSRU Independence performed the 50th ship-to-ship transfer since it started operating as Lithuania’s liquefied natural gas import terminal.  Lithuania’s Klaipedos Nafta said the operation was carried out on Friday, May 25th, when the LNG carrier Arctic Voyager delivered 140,000 cubic meters of the

Rosneft to supply LNG to Ghana

25 May No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of Hoegh LNG) Russia’s Rosneft signed a deal with the Ghana National Petroleum Corporation (GNPC) for an annual delivery of 1.7 million tons of LNG.  The volumes will be regasified at GNPC’s processing capacities in the port of Tema where the company is developing an LNG

Kansai Electric to drop spot LNG purchases

25 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Kansai Electric Japanese utility, Kansai Electric Power signaled a shift to an increased share of nuclear power as it moves away from the use of LNG as fuel.  The share of nuclear power in Kansai Electric’s production mix before the Fukushima disaster in 2011 was at around 50

Petronas completes LNG cargo sale through online trading platform

25 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of GLX-LNG Malaysian energy giant Petronas’ unit, Petronas LNG (PLL) completed the first sale of a liquefied natural gas (LNG) cargo through an online trading platform, GLX. The GLX online platform is a global marketplace to trade physical cargoes of LNG for the sale and purchase of LNG,

Total to buy 10 pct stake in Arctic LNG 2 from Novatek

25 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomTwo ice-class carriers at the Yamal LNG plant (Image Novatek) France’s energy giant Total will take a 10 percent stake in the Arctic LNG 2 project being planned by Russia’s largest independent natural gas producer Novatek. The binding deal, which was previously announced by the Kremlin, was signed on Thursday in

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