Image courtesy of Oil Search The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search reported a jump revenue in 2018 despite the adverse effects from the earthquake that shook PNG Highlands in February. In its report, Oil Search said its sales revenue for the year
First LPG cargo from Ichthys LNG project reaches Japan
Illustration purposes only (Image courtesy of Inpex) First liquefied petroleum gas (LPG) cargo from Inpex’s Ichthys LNG project near Darwin in Australia reached the Kyushu Fukushima terminal on Wednesday. Kawasaki Kisen Kaisha (K Line) noted in its statement that its very large gas carrier (VLGC) Grace River delivered the cargo
China’s 2018 LNG imports surge to record
For illustration purposes only (Image courtesy of Guangdong Dapeng LNG) China, the world’s second-largest importer of LNG, is continuing to boost its imports of the chilled fuel and has reached a new record high as it is pursuing its strategy for cleaner air. China imported 53.7 million tonnes of LNG
Japan’s 2018 LNG imports slightly down, costs rise 21 pct
For illustration purposes only (Image courtesy of Tokyo Electric Power) Japanese imports of liquefied natural gas (LNG) imports declined just 0.9 percent in 2018 when compared to the year ago, according to the provisional data released by Japan’s Ministry of Finance. Japan, the world’s top LNG buyer, imported 82.8 million tonnes
India’s IOC close to commissioning Ennore LNG terminal
Image courtesy of IOC Indian Oil Corporation is reportedly close to commissioning its first liquefied natural gas terminal at Ennore. The Ennore LNG facility is also the first liquefied natural gas import facility on India’s east coast and is part of the state-owned company’s push to cut natural gas shortage
Gazprom, Mitsui talk LNG cooperation
Image courtesy of Gazprom Russia’s giant Gazprom held talks with Japan’s Mitsui & Co. held talks on cooperation in liquefied natural gas projects. Gazprom and Mitsui are already partners in the Sakhalin II project, which includes Russia’s first LNG plant. Current talks focused on Sakhalin II collaboration, following up from the agreement of
SEA\LNG: study boosts LNG as marine fuel investment case
zoomIllustration purposes only (Image courtesy of Gasum) LNG bunkering coalition SEA\LNG unveiled its study highlighting “a strong investment case” for LNG as a marine fuel in the container shipping market. The study was commissioned from the independent simulation and analytics company Opsiana in order to provide shipowners and operators in analyzing
Sonatrach awards deal for second LNG jetty at Skikda
zoomIllustration only. Image source: Pixabay under CCO Creative Commons license. Algeria’s Sonatrach has contracted China Harbor Engineering Company to study, supply and build an additional LNG marine jetty and port infrastructure at its Skikda facility. The contract, valued at 53 billion Algerian dinars ($445.4 million), will see the Chinese company build
N-KOM takes in Exquisite for its first FSRU drydocking
zoomImage courtesy of N-KOM Nakilat-Keppel Offshore & Marine (N-KOM) said it has received its first floating storage regasification unit (FSRU) project at the Erhama Bin Jaber Al Jalahma shipyard. The FSRU owned by Excelerate Energy will undergo drydocking, maintenance and upgrades at the facility, N-KOM said in a statement. During
India’s Dec LNG imports climb
zoomKochi LNG storage tanks (Image courtesy of Petronet LNG) India’s imports of liquefied natural gas (LNG) rose in December, logging the first monthly increase following a decrease for two straight months. India imported 2.17 billion cubic meters of LNG or about 1.55 million tonnes last month, a rise of 4.7 percent