zoomImage courtesy of Sovcomflot Russia’s largest shipping company Sovcomflot has completed its 2018 financing plan with a new $264 million six-year credit facility. The credit facility is being used for the early refinancing of a balloon payment due on one of the group’s tanker loan facilities maturing in 2019, whilst it
France’s Dunkirk LNG hits reaches daily send out milestone
Image courtesy of Dunkerque LNG France’s Dunkirk liquefied natural gas (LNG) import terminal reached a milestone last week as it hit a record daily send out volumes. In a brief statement through its social media channels, Dunkerque LNG, the terminal operator, said the daily send out volumes to the gas grid
Gazprom’s Kaliningrad FSRU nearing start-up
Illustration purposes only (Image courtesy of Gazprom) Russia is set to commission its first floating storage and regasification unit (FSRU) at the Kaliningrad province bordered by Poland and Lithuania on the Baltic coast. The project led by the Russian giant Gazprom is aimed at securing supply to the region should
South Korea’s DSME in another LNG carrier win
For illustration purposes only (Image courtesy of DSME) South Korea’s shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) said Tuesday it has won another order to build a new liquefied natural gas (LNG) carrier. The shipbuilder did not reveal who is the company behind the order saying only it is
AETI, Stabilis create small-scale LNG business
zoomIllustration purposes only (Image courtesy of Stabilis Energy) American Electric Technologies reached an agreement with Stabilis Energy to create a small-scale liquefied natural gas (LNG) production and distribution company. The combined business will include Stabilis’ small-scale LNG production and distribution businesses as well as AETI’s existing international businesses, AETI said
Australia’s Woodside starts Pluto domestic gas pipeline
Pluto LNG (Image courtesy of Woodside) Australian LNG operator Woodside said Tuesday it commissioned the domestic gas pipeline at its Pluto LNG project located north-west of Karratha, Western Australia. The Woodside-operated Pluto LNG project has supplied its first gas to the Dampier to Bunbury natural gas pipeline with successful commissioning of
Allen & Overy advises on Indonesian LNG-to-power project
Illustration purposes only (Image courtesy of Allen & Overy) Allen & Overy law firm said it has advised a number of development financial institutions on the $1.8 billion, Jawa-1 project, Asia’s first LNG-to-power project and one of the largest LNG-powered plants in Southeast Asia. The institutions include Japan Bank for International Cooperation,
Golar gets limited notice to proceed with Tortue FLNG conversion
Annova’s Texas LNG export project gets positive FERC DEIS
zoomImage courtesy of Annova LNG Annova LNG’s proposed Brownsville liquefied natural gas export project in Texas received its draft environmental impact statement prepared by the US Federal Energy Regulatory Commission (FERC). The issuance aligns with the estimated schedule the agency outlined in August and propels the project through another significant
Russia’s Novatek appoints LNG director
Yamal LNG (Image courtesy of Novatek) Russia’s largest independent natural gas producer and LNG operator, Novatek said Monday it made changes to its management board. Starting from January 14, Novatek’s board has elected Evgeny A. Kot as deputy chairman of the management board – LNG director, the company said in