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Polish LNG terminal boasts highest utilization rate in Europe

16 May No Comments gregsamuel_e5x9azx4 LNG World News

Pawel Jakubowski (Image courtesy of Polskie LNG) Polish LNG terminal operator, Polskie LNG claims it currently has the highest utilization rate among all large LNG import terminals in Europe. The utilization of the first and only Polish LNG terminal in Swinoujscie is currently about 60 percent, chief executive Pawel Jakubowski

Beijing Gas Blue Sky completes Caofeidian LNG terminal stake purchase

16 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomCargo unloaded at the Caofeidian LNG terminal (Image courtesy of Qatargas) Beijing Gas Blue Sky Holdings Limited completed the cquisition of 29 percent equity interest of an LNG terminal in Caofeidian. According to the acquisition agreement, the group agreed to acquire all of the issued share capital of a Beijing

Russia’s Novatek in small-scale LNG push

16 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Novatek Russia’s largest independent natural gas producer and the operator of the giant Yamal LNG export plant, Novatek is developing several small-scale projects and plans to launch its first such facility by the beginning of next year. The small-scale LNG project located on the northern part of

Bangladesh stops LNG talks with Trafigura

16 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Exmar State-owned Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) has canceled its talks with the Swiss trading company Trafigura regarding the development of an LNG import terminal.  The company, however, has continued its talks with Trafigura’s compatriot Gunvor on a separate project. Speaking to Reuters a director

Chevron pitches shared development of Australia’s Carnarvon basin

16 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Chevron Chevron, the US-based energy company and the operator of the giant Gorgon and Wheatstone LNG projects in Australia, called for a shared development of the Carnarvon basin.  The company’s Australian unit believes the greater industry collaboration and government support, will most efficiently unlock the resources in the ground and extend the benefits.

USCG declares Jordan Cove LNG suitable for marine traffic

15 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Jordan Cove LNG The United States Coast Guard has completed a review of the waterway suitability assessment of the Jordan Cove liquefied natural gas (LNG) terminal in Coos Bay.  The assessment was submitted by KSEAS Consulting on behalf of Jordan Cove LNG, USCG said in a statement.

Ophir given Fortuna FLNG ultimatum

15 May No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of Ophir Energy) London-based Ophir Energy could face a cut from the Fortuna FLNG project in Equatorial Guinea as the country’s government loses patience over project delays.  In March, Ophir noted the completion of project financing on the Fortuna project in Equatorial Guinea has taken longer than expected,

Dutch Gate terminal could add 4th LNG jetty

15 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Gate The Gate LNG terminal in the Dutch port of Rotterdam could build another jetty to cater for upcoming demand, according to the terminal’s commercial manager. Speaking during the Flame conference in Amsterdam on Monday, Stefaan Adriaens, indicated Gate would start a feasibility study for the fourth

Hoegh LNG head sees FSRUs as renewables back-up

14 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Höegh LNG Head of the floating LNG giant Höegh LNG sees floating storage and regasification units (FSRUs) as a back-up for renewables. “FSRUs used for LNG-to-power as an addition and a back-up for renewables for me is going to be a big story and we see that

Russia’s Novatek to shut down 1st Yamal LNG train for maintenance

14 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Novatek Russia’s largest independent natural gas operator, Novatek, is nearing a maintenance shutdown of its first liquefaction train at the Yamal LNG project in the Arctic.  The unit has been in production since December last year and has already shipped two million tonnes of the chilled fuel. “We

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