Image courtesy of FKAB German shipping group Gesellschaft Fur Oeltransporte (GEFO) has placed an order for two LNG-ready 7,000 DWT stainless steel chemical tankers at the Chinese shipyard Avic Dingheng Shipbuilding. The German company has an option for two additional vessels, all based on the design developed by the marine
South Korea’s Samsung Heavy nets LNG duo order
zoomIllustration purposes only (Image courtesy of SHI) South Korean shipbuilding giant Samsung Heavy Industries said Monday it won a new order to build two liquefied natural gas (LNG) carriers. The price tag for the new LNG duo is 426 billion Korean won ($377.8 million). Samsung Heavy did not reveal the
China’s November LNG imports hit record high
For illustration purposes only (Image courtesy of Guangdong Dapeng LNG) China, the world’s second-largest importer of LNG, is continuing to boost its imports of the chilled fuel and has reached a new record high as it is pursuing its strategy for cleaner air. China imported 5.99 million tonnes f LNG
Top news of the week December 17-22
Image courtesy of Cheniere Golar gets go-ahead for Tortue FLNG conversion The Bermuda-based LNG shipping giant Golar LNG said on Monday that it has received a limited notice to proceed from BP for the provision of a floating LNG producing unit for BP’s West African project. Saipem and Renaissance seal
Novatek inks Arctic LNG 2 equipment deal with Nuovo Pignone
zoomImage courtesy of Novatek Russia’s largest independent natural gas producer and LNG operator, Novatek signed an equipment supply for its Arctic LNG 2 project. Novatek contracted the Italian company Nuovo Pignone for the supply of gas turbine generators for the three liquefaction trains for the project. Leonid Mikhelson, Novatek’s head noted
Osaka Gas to build LNG import facility in Nobeoka
Illustration purposes only (Image courtesy of Osaka Gas) Japan’s utility Osaka Gas, through its unit Osaka Gas Engineering, has established Himuka LNG a company planning to set up LNG receiving infrastructure in Nobeoka City. The newly established company is set to set up the LNG receiving facilities in order to supply feed
BP sanctions Greater Tortue Ahmeyim LNG project
zoomImage courtesy of BP UK-based energy giant and LNG player BP, said that with its partners it has reached a final investment decision for Phase 1 of the Greater Tortue Ahmeyim LNG project off Mauritania and Senegal. The decision was made following an agreement between the Mauritanian and Senegalese governments and
Australian LNG export value to hit A$50 bln in FY18-19
zoomLNG vessel Pacific Breeze loading first Ichthys LNG cargo (Image courtesy of Inpex) The value of Australian LNG exports are forecast to hit A$50.4 billion ($35.7 billion) in 2018-2019 as export volumes rise along with the prices. According to a report from the Australian government’s Office of the Chief Economist,
Spain: HAM opens Extramadura LNG fueling station
Image courtesy of HAM Spanish LNG services provider HAM opened the first liquefied natural gas (LNG) compressed natural gas (CNG) station in Extramadura, Merida. HAM said the facility will enable natural gas fueling to vehicles that make the route between Madrid and Lisbon, Portugal. Initially, HAM installed an LNG mobile unit and
LNG Limited, Meridian scrap Magnolia deal
zoomImage courtesy of LNG Limited Perth-based LNG Limited said the Magnolia LNG liquefaction tolling agreement signed with Meridian LNG will not be extended beyond its current date of December 31, 2018. The company said on Friday that the parties have mutually agreed not to extend the agreement that was initially