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Gazprom to build LNG supply plant for Kuril Islands

31 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of sakhalin.gov.ru Russian giant Gazprom is set to develop a natural gas liquefaction facility in the Poronaysk district, a statement by the Sakhalin Region government says.  The facility would have the capacity to produce 100,000 tons of the chilled fuel on an annual basis. Volumes of the chilled

MOL’s LNG tug bunkers fuel at Sakai Senboku Port

31 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of MOL Japan’s Mitsui O.S.K. Lines (MOL) on Thursday said its LNG-fueled tugboat Ishin completed first liquefied natural gas bunkering operation at the Sakai Senboku Port.  LNG fuel was supplied by Osaka Gas using a truck-to-ship LNG bunkering method, MOL said in a statement, noting that the preparations for test

Bangladesh looking for land-based LNG terminal developers

31 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomIllustration only. Image source: Pixabay under CCO Creative Commons license Bangladesh Oil, Gas & Mineral Corporation (Petrobangla) through its procurement unit, Rupantarita Prakritik Gas called for expressions of interest for the construction of a land-based LNG terminal at Matarbari.  The documents issued by the Rupantarita Prakritik Gas state that the facility

Baleària’s first LNG ferry starts commercial operations

31 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Baleària Spanish shipping company Baleària said its first LNG-fueled ferry, Hypatia de Alejandría, completed its first commercial trip between Barcelona and Palma, starting operations.  The ferry arrived in Barcelona during the past weekend from the Italian Cantiere Navale Visentini shipyard in Venice where it was built. The president of Baleària,

ClassNK grants AiP for Kawasaki’s LNG-fueled bulker design

31 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Kawasaki Heavy Industries (KHI) Classification society ClassNK granted approval in principle (AIP) to Kawasaki Heavy Industries (KHI) for the concept design of an LNG-fuelled 207,000-DWT bulk carrier. With the International Maritime Organization (IMO) imposing tighter restrictions on emissions of greenhouse gases and air pollutants, the shipping industry has

Origin’s APLNG revenue shoots up

31 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy APLNG Australia’s top power and gas retailer, Origin Energy, reported a jump in its share of Australia Pacific LNG revenue during the quarter ending December 31, 2018.  Origin noted the APLNG revenue share reached $741 million rising 15 percent over the previous quarter and 45 percent over the corresponding

Croatia sets funds aside for Krk LNG terminal

31 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of LNG Croatia Croatian government on Wednesday approved €234 million ($269.1 million) financing for the first stage of the liquefied natural gas (LNG) terminal project on the northern Adriatic island of Krk. The estimated value of the project includes the floating storage and regasification unit worth €160 million, and the construction of

WoodMac: FLNG industry growth facing headwind

31 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomIllustration purposes only (Image courtesy of Golar LNG) Floating liquefied natural gas industry is expected to continue its growth in the future, however, it will be at a slower steadier pace of growth is likely as FLNG competes for capital and buyers in a busy LNG market. According to the research

ExxonMobil pushing forward with Vietnamese gas-to-power project

30 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of ExxonMobil US energy giant ExxonMobil with joint venture partners PetroVietnam and PetroVietnam Exploration Production Corp, is advancing plans for a multi-billion dollar integrated gas-for-power development in central Vietnam. The company has awarded the contract for front-end engineering and design and is filing appropriate permits, planning applications and other

GasLog Partners 2018 profit up

30 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of GasLog Partners GasLog Partners, the New York-listed spinoff of LNG shipper GasLog, reported a slide in profit during the last quarter of the year, as well as for the whole twelve months.  In its latest report, the partnership reported a fourth-quarter profit $20.4 million on IFRS basis,

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