zoomIllustration purposes only (Image courtesy of Höegh LNG) Melbourne-headquartered Venice Energy plans to develop an FSRU-based liquefied natural gas (LNG) import terminal in Port Adelaide. Speaking to Reuters, Venice Energy’s managing director Kym Winter-Dewhirst, said the project would start up in 2020. The company is looking to file a development
India’s LNG imports continue to rise
Kochi LNG storage tanks (Image courtesy of Petronet LNG) India’s imports of liquefied natural gas (LNG) surged in June as compared to the last year, logging an increase for the fourth consecutive month following a drop in February. India imported 2.51 billion cubic meters of LNG or about 1.90 million
US Elba Island LNG export project pushed back
zoomElba Island regasification terminal (Image courtesy of Kinder Morgan) US energy firm Kinder Morgan said on Wednesday that the start-up of its Elba Island liquefied natural gas (LNG) export project near Savannah, Georgia had been pushed back. Initial in-service date for the liquefaction facility located near the existing import facility at Elba
Japan’s LNG imports down 10.3 pct in June
Japanese imports of liquefied natural gas (LNG) dropped 10.3 percent in June as compared to the same month a year ago, according to the provisional data released by Japan’s Ministry of Finance. Japan, the world’s top LNG buyer, imported 5.55 million tonnes of LNG last month. This was the lowest monthly number
Minister: India to save up to $1.4 billion on renegotiated Gazprom LNG deal
For illustration purposes only; Dahej LNG terminal (Image courtesy of Petronet LNG) India could save up to 95 billion rupees ($1.39 billion) as part of the renegotiated long-term liquefied natural gas (LNG) supply deal with Russian gas giant, according to India’s minister of petroleum and natural gas, Dharmendra Pradhan. The initial 20-year
Gasum’s half-year revenue jumps 18 percent
Shell seeking permit to import LNG into Indonesia
Image courtesy of Shell The Hague-based LNG giant Shell with partners is looking for a government approval to import liquefied natural gas into Indonesia. Speaking to the media, Indonesia’s oil and gas director general Djoko Siswanto said the company has proposed the LNG imports to the government, however, it has not
Hapag-Lloyd names LNG-ready containership
zoomImage courtesy of Hapag-Lloyd German-based Hapag-Lloyd named the liquefied natural gas (LNG)-ready 15,000 TEU containership Afif in the London Gateway. Happag-Lloyd noted the vessel belongs to the category of ultra large container vessels, the second-largest ship class in Hapag-Lloyd’s fleet. The Afif was built for United Arab Shipping Lines (UASC) in
Enagás profit, Spanish gas demand rise in first half of 2018
zoomImage courtesy of Enagás Spanish LNG terminal operator, Enagás reported a net profit of 219.8 million euros ($258 million) in the first half of 2018, 1 percent higher than that of the same period of the previous year. The contribution by affiliate companies to net profit in the first half of
Oil Search production rebounds in Q2
zoomImage courtesy of Oil Search The Papua New Guinea-focused oil and gas producer, Oil Search, saw its production figures rebound in the second quarter as the ExxonMobil-operated PNG LNG project restarted. Total production in the second quarter of 2018 was 5.40 million barrels of oil equivalent (mmboe), 12 percent above the 4.84