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Golar: Cameroon FLNG starts full commercial ops

4 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Golar LNG Golar said on Monday that its FLNG Hilli Episeyo located offshore Kribi in Cameroon has started full commercial operations. This follows the acceptance of FLNG Hilli Episeyo under its liquefaction tolling agreement with customers Perenco Cameroon and Societe Nationale Des Hydrocarbures, Golar said in a

Höegh LNG charters FSRU Höegh Esperanza to CNOOC

4 Jun No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Höegh LNG Höegh LNG signed a time charter for the floating storage and regasification unit (FSRU) Höegh Esperanza with CNOOC Gas & Power Trading and Marketing (CNOOC). The time charter is for three years with a one-year extension option, Höegh LNG said in a statement on Monday. Under

Qatar Petroleum to buy stake in ExxonMobil’s Argentinian units

4 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Qatar Petroleum, the world’s largest LNG producer, entered into an agreement with the US energy giant ExxonMobil, to acquire a 30 percent equity stake in two ExxonMobil units in Argentina. The two units ExxonMobil Exploration Argentina and Mobil Argentina hold different hydrocarbon licenses for seven blocks in the Vaca Muerta play

CNOOC sanctions Tianjin LNG terminal expansion

1 Jun No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of CNOOC China National Offshore Oil Corp. (CNOOC) unit, CNOOC Gas & Power said it will begin construction of six liquefied natural gas (LNG) storage tanks at its Tianjin LNG terminal.  The expansion has been approved by the company’s committee on May 28, CNOOC said in a statement.

AGL to reach Crib Point LNG final decision in FY2019

1 Jun No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of AGL Australia’s AGL Energy is eyeing a final investment decision for its and the country’s first LNG import terminal in the financial year 2019.  The company declared Crib Point in Victoria as the preferred site for the terminal, saying it is best placed to serve Victoria, Australia’s largest

Golar LNG drops to loss in Q1

1 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Golar LNG LNG shipper Golar dropped to a loss in the first quarter of the year as its interest expense increased compared to the previous quarter. According to its quarterly report, Golar LNG reported a $21 million net loss, dropping from a $3.8 million profit in the

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