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CME Group, Cheniere to develop Sabine Pass LNG futures contract

10 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Cheniere U.S. exchange operator CME Group and LNG player Cheniere Energy reached a deal to develop an LNG futures contract with physical delivery to Cheniere’s Sabine Pass terminal on the U.S. Gulf Coast. Cheniere’s Sabine Pass LNG terminal first started exports in February 2016, and currently operates four

KfW IPEX-Bank to finance Carnival Corporation’s LNG cruise ship

9 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Carnival Corporation KfW IPEX-Bank said it is providing approximately €786 million ($925.8 million) for the construction of Carnival Corporation’s new LNG-powered cruise ship under construction at Meyer Werft shipyard in Papenburg, Germany.  KfW IPEX-Bank is handling the entire structuring of the financing and taking on the roles

Top news of the week July 2-7

8 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Ichthys LNG onshore plant (Image courtesy of Inpex) Ichthys LNG project hit by new delay The Inpex-led Ichthys LNG project in Western Australia has been hit with a new delay, with gas production from the Ichthys field still not online. World’s first “Sayaringo STaGE” LNG carrier delivered The world’s first

CLS orders Japan’s first LNG bunkering vessel

6 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of KHI Central LNG Shipping Japan Corporation (CLS), has ordered a liquefied natural gas (LNG) bunkering vessel at Kawasaki Heavy Industries (KHI).  CLS is a joint venture between Kawasaki Kisen Kaisha, Chubu Electric Power, Toyota Tsusho Corporation, and Nippon Yusen Kabushiki Kaisha, established in May to own the

MHI christens second Sayaringo STaGE LNG carrier

6 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Mitsubishi Heavy Industries Mitsubishi Shipbuilding, a unit of Mitsubishi Heavy Industries (MHI), christened the second Sayaringo STaGE type vessel, the Diamond Gas Rose. LNG carrier under construction for a joint venture of Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK Line), features increased LNG carrying capacity and fuel

Coalition urges investment in LNG as fuel

4 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of SEALNG SEA\LNG, the coalition promoting the use of LNG as marine fuel stressed the importance of continuing investment in the sector in order to meet both air quality and greenhouse gas (GHG) emissions targets. Aiming to aid the industry and governments in making a pragmatic and balanced analysis

China LNG Group extends LNG tanks order with CIMC Enric

3 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of CIMC Enric China LNG Group, through its unit, Gangzong Trade signed a deal with CIMC Enric Energy for the acquisition of liquefied natural gas (LNG) tank containers.  The latest agreement is valued at 475 million Chinese yuan ($71.4 million), the company said in a filing to the stock

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