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Woodside invests in Western Australian online LNG platforms

6 Mar No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Woodside Australian LNG player Woodside is pleased to announce it has invested in two online LNG platforms designed to facilitate greater price transparency, efficiency and compliance in LNG markets. The platforms will support the evolution of the LNG trading market and the provision of precise real-time information,

France’s GTT bags tank design order for Capital Gas Carriers

6 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of GTT/Roland Mouron French LNG containment specialist GTT has received an order from Hyundai Heavy Industries (HHI) for a tank design on a new 174,000-cubic meter LNG carrier. GTT said on Tuesday that the order by HHI was made on behalf of Greek ship-owner Capital Gas Carriers, owned

ExxonMobil revises growth plans

6 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of ExxonMobil US energy giant ExxonMobil updated its growth plans expecting annual earnings potential to increase by more than 140 percent by 2025 from 2017 adjusted earnings, assuming an oil price of $60 per barrel and based on 2017 margins. “Given the success we experienced last year and

Arup to advise Commonwealth LNG on modular tank design

5 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Arup Engineering consultancy Arup has been selected by Commonwealth LNG to provide specialist engineering services for the development of LNG modular storage tanks for its project in Cameron Parish, Louisiana. Commonwealth LNG plans to export first liquified natural gas from its 8.4 mtpa facility in 2024. Commonwealth

Indonesia lays out 2020-2025 LNG export plans

5 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of BP Indonesia’s ministry of energy and mineral resources has made a number of decisions regarding its LNG export volumes.  Djoko Siswanto, director general of oil and gas told the press that the country has 40 excess cargoes of liquefied natural gas up to 2025, Reuters reports. Indonesia

Portuguese import terminal awaiting LNG cargo from Nigeria

5 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of REN REN-operated Sines LNG import terminal in Portugal is set to receive a cargo of liquified natural gas from Nigeria later this week. The Sines LNG terminal will receive gas from the Nigeria LNG Bonny Island liquefaction plant via the LNG Ondo liquefied natural gas carrier. The

India’s Torrent Power seeking March LNG cargo

5 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Sugen Power Plant (Image courtesy of Torrent Power) Torrent Power, India’s private power utility, is reportedly looking to buy a cargo for delivery in March.  Citing industry sources, Reuters reports the delivery will be made to Petronet LNG’s Dahej terminal on March 26. Torrent Power is looking to by the

Novatek-Total firm up Arctic LNG 2 stake sale

5 Mar No Comments gregsamuel_e5x9azx4 LNG World News

zoomIllustration purposes only (Image courtesy of Novatek) Russia’s largest independent natural gas producer and LNG operator, Novatek the definitive agreement for the sale of 10 percent participation interest in Arctic LNG 2 to France’s Total.  The company said on Tuesday the transaction under the newly signed sales and purchase agreement

Cryogenic Industries and Nikkiso Cryo form new company

5 Mar No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Cryogenic Industries Cryogenic Industries and Nikkiso Cryo have completed their functional consolidation as the Nikkiso Cryogenic Industries Group. The two companies, subsidiaries of Nikkiso, formed Nikkiso Cryogenic Industries Group which consists of Nikkiso Cryo and Cryogenic Industries and its units, ACD, Cosmodyne, and Cryoquip. The Cryogenic Pumps

Chevron starts Wheatstone domestic gas supplies

5 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Chevron-operated Wheatstone LNG plant (Image courtesy of Chevron Australia) US energy giant Chevron said Tuesday it started supplying natural gas to the domestic market from its Wheatstone LNG project near Onslow, Western Australia. With capacity to supply 200 terajoules of natural gas per day (Tj/d), Wheatstone domestic gas will supply

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