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Netherlands: St van den Brink expands LNG-fueled truck fleet

25 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Volvo Trucks Netherlands The Dutch transport company St van den Brink added fourteen liquefied natural gas-fueled trucks to its fleet.  Volvo Trucks Netherlands realized the delivery of the LNG-fueled long-haulers through its dealer Harbers, the company said in its statement. The order consists of 12 FM LNG

King & Spalding law firm brings in LNG experience

25 Jan No Comments gregsamuel_e5x9azx4 LNG World News

David Lang (Image courtesy of King & Spalding) King & Spalding law firm said David Lang has joined the firm as a partner with the corporate, finance and investments practice group in the Houston office. Lang formerly held the position as global head of Baker McKenzie’s liquefied natural gas (LNG) practice.

France’s GTT nets LNG tanks design order from DSME

24 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of GTT/Roland Mouron French LNG containment systems specialist GTT has received an order to design tanks for two liquefied natural gas carriers under construction at the South Korean Daewoo Shipbuilding & Marine Engineering (DSME) yard. The two vessels will have the capacity to hold 174,000 cubic meters of LNG are

Keppel posts soaring 2018 profit

24 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomIllustration purposes only (Image courtesy of Keppel Corporation) Singapore’s Keppel Corporation’s net profit soared to S$944 million ($693.9 million), showing a 382 percent rise year-on-year.  Earnings growth for the period was underpinned by stronger performance from across the Offshore & Marine, Property and Infrastructure divisions, the company said in its

Novatek reports 4 percent year-end hydrocarbon reserves rise

24 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Novatek Russia’s largest independent natural gas producer and Yamal LNG operator Novatek reported a total SEC proved reserves at 15.8 billion barrels of oil equivalent as of December 31, 2018, 4 percent above the year-end 2017 reserves.  The reserve appraisal was completed by the independent petroleum engineers DeGolyer

GAIL puts up three Cove Point LNG cargoes for sale

24 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Cove Point LNG facility (Image courtesy of Sumitomo Corporation) India’s state-run gas company GAIL is reportedly looking to sell three cargoes of liquefied natural gas from Dominion’s Cove Point LNG facility in Maryland. Citing industry sources, Reuters reports the cargoes are put up for sale on a free-on-board (FOB) basis.

WSM wins FSRU management job for market entrant Pardus Energy

24 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of WSM Wilhelmsen Ship Management (WSM) has been contracted by Pardus Energy to provide management services for its newbuild FSRU. The floating storage and regasification unit is currently under construction at the Hyundai Heavy Industry shipyard in South Korea. The floating storage and regasification unit will be managed by

PGNiG books 50th LNG cargo for President Lech Kaczyński terminal

24 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Polskie LNG Polish oil and gas company PGNiG is scheduled to receive its 50th cargo of liquefied natural gas at the President Lech Kaczyński LNG terminal in Świnoujście. TThus the total LNG volume purchased so far by PGNiG will amount to approximately 5.7 bcm after regasification, PGNiG said

Santos hits record figures for 2018 on rising prices

24 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Santos Australian LNG player Santos, the operator of the GLNG project, reported record sales revenue for the fourth quarter and the year 2018.  Quarterly sales revenue hit $1.04 billion, 7 percent above the $937 million recorded in the previous quarter. Santos noted in its report the sales

Gazprom Neft mulling Arctic LNG facility

23 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of Gazprom Neft) Russia’s Gazprom Neft is reportedly considering the development of its own LNG facility in the Arctic as it sizes the monetization options for its natural gas resources.  Reuters reports the company is looking at options for the development of its natural gas

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