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Petronet LNG profit hits record high on rising regas volumes

6 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Petronet LNG Petronet LNG, India’s largest importer of liquefied natural gas, reported the highest ever profit for the six month period boosted by record processed volumes.  The LNG importer processed a total of 217 trillion British thermal units (tBtu) of liquefied natural gas during the quarter ended

Höegh Esperanza starting FSRU work for CNOOC at Tianjin

6 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Höegh LNG Höegh LNG’s Höegh Esperanza has started commissioning for FSRU operations following its arrival at the Tianjin LNG terminal in China. It is currently serving a three-plus-one year FSRU/LNG carrier time charter with CNOOC Gas & Power Trading and Marketing, Höegh LNG said in a statement.

Qatari LNG cargo on way to UK’s South Hook terminal

6 Nov No Comments gregsamuel_e5x9azx4 LNG World News

LNG carrier Mesaimeer (Image courtesy of Nakilat) The UK’s South Hook liquefied natural gas terminal (LNG ) located on the shores of the Milford Haven waterway is scheduled to receive a Qatari cargo next week. According to the port shipping data, the Nakilat-owned 216,312-cbm Q-Flex carrier Mesaimeer is expected to dock at

Air Products posts lower quarterly net income

6 Nov No Comments gregsamuel_e5x9azx4 LNG World News

For illustration purposes only (Image courtesy of Air Products) US-based LNG equipment maker, Air Products on Tuesday reported lower fiscal fourth-quarter net income than in the same period a year ago. Net income decreased 4 percent from the comparable quarter a year ago to $452.9 million. Earnings per share were $2.05,

Golar LNG’s earnings jump on improving market

5 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Golar LNG shipper Golar reported a net income of $66.2 million, nearly doubling on the previous quarter’s $36.3 million.  Rising LNG production and ton-miles together with a seasonal increase in trading activity absorbed vessels resulting in improving utilization and increasing charter rates. Fleet utilization increased from 62 percent

FSRU Golar Freeze to arrive off Jamaica soon

5 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoom Nasdaq-listed Golar LNG Partners, a limited partnership formed by Golar LNG, said Monday that its floating storage and regasification unit (FSRU) Golar Freeze is expected to “shortly arrive” offshore Jamaica. The 125,000-cbm FSRU Golar Freeze will serve a 15-year charter for New Fortress Energy as an import facility supplying new gas-fired

NV5 Global buys CHI Engineering for $55 million

5 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of CHI Engineering US engineering and consulting solutions provider, NV5 Global acquired the CHI Engineering Services an infrastructure engineering firm headquartered in Portsmouth, New Hampshire for $55 million. CHI provides engineering, procurement and construction management (EPCM) services to the liquefied natural gas (LNG), petroleum gas (LPG) and natural

LIQVIS opens permanent LNG station in Berlin

5 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of MEW LIQVIS, a unit of the German utility Uniper, opened its first permanent public filling station for liquefied natural gas (LNG) near Berlin.  The station is one of the first permanent LNG filling stations in Germany and was built at a junction in Grünheide just outside Berlin,

APLNG, QLNG agree to share infrastructure

5 Nov No Comments gregsamuel_e5x9azx4 LNG World News

LNG tankers loading at Curtis Island export projects (Image courtesy of Bechtel) Two liquefied natural gas export projects on Queensland’s Curtis Island, Australia Pacific LNG and QCLNG have agreed long-term infrastructure sharing. APLNG, a joint venture between ConocoPhillips, Origin Energy and Sinopec, has also agreed to secure additional natural gas

Pakistan LNG launches tender for three cargoes

5 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Pakistan LNG State-owned Pakistan LNG launched a tender seeking the supply of a total of three liquefied natural gas cargoes for delivery in January and February. According to Pakistan LNG’s tender document dated November 5, the supply term is divided into three periods and the cargoes will

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