Image courtesy of Excelerate Energy State-owned company Pakistan LNG has picked its suppliers for the three cargoes scheduled for delivery in January and February. According to the company’s tender document, following 11 bids, traders Trafigura and Gunvor International have been selected to deliver the three cargoes. Trafigura will supply two
Image courtesy of Klaipedos Nafta Liquefied natural gas (LNG) regasification volumes at Lithuania’s first and only import terminal in the port of Klaipeda reported mixed results for the month of November. Terminal operator Klaipedos Nafta noted in its monthly report that the facility regasified and reloaded 0.84 TWh of natural
zoomImage courtesy of Enagás Spain’s imports of liquefied natural gas (LNG) dropped 27.6 percent in November when compared to the same month a year ago, according to the monthly data by the LNG terminal operator Enagás. LNG imports reached some 13.6 terawatt hours (TWh) last month as compared to 18.8 TWh
zoomIllustration purposes only (Image courtesy of MOL) Mitsui O.S.K. Lines (MOL) signed deals for the construction of a floating storage and regasification unit, FSRU services, and financing for the Jawa 1 gas-fired project in Indonesia. Under the deals signed with Jawa Satu Regas (JSR), jointly established by Pertamina, Marubeni, and Sojitz,
zoomImage courtesy of Golar LNG Norwegian based LNG transportation provider Awilco confirmed it has entered talks with other shipowners to establish a joint liquefied natural gas shipping venture. Following media reports that a trio consisting Awilco LNG, Golar LNG and TMS Cardiff Gas, is about to launch a joint venture
Image courtesy of Cheniere Liquefied natural gas (LNG) exports from the United States edged up during the week ending December 5. Data from the United States Energy Information Administration shows that eight tankers with a total carrying capacity of 27.9 Bcf departed the United States facilities during the week. Out of
Image courtesy of NYK Japanese shipping giant NYK said Friday it signed a long-term contract with a unit of French energy giant Total to charter two liquefied natural gas (LNG) carriers. Under the deal, Total Gas & Power Chartering will charter from NYK two new 174,000-cbm LNG carriers that will
Image courtesy of ABS American Bureau of Shipping (ABS) signed a memorandum of understanding with the Korea Marine Equipment Research Institute (KOMERI) to create a new facility dedicated to improving the safety of LNG as fuel. ABS and KOMERI will collaborate on research at the shoreside facility, which will allow shipowners to
For illustration purposes only (Image courtesy of Venture Global LNG) US LNG export project developer Venture Global LNG said Thursday it has entered into a $220 million bridge loan facility with Morgan Stanley Senior Funding, Inc. and associated lenders. The proceeds will be used to finalize engineering work and commence site
zoomImage courtesy of Chevron US energy giant Chevron on Friday said it has set a$20 billion capital and exploratory budget for 2019. In the upstream business, approximately $10.4 billion is forecasted to sustain and grow currently producing assets, including $3.6 billion for the Permian and $1.6 billion for other shale and tight investments, Chevron said. Approximately $5.1 billion of