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Pakistan LNG launches tender for five July-September cargoes

27 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Pakistan LNG State-owned Pakistan LNG launched a tender seeking the supply of a total of six liquefied natural gas cargoes for delivery in July through September.  According to the company’s tender document, the cargoes are to be supplied on a delivered ex-ship (DES) basis to BW’s FSRU

Summit LNG completes first ship-to-ship LNG transfer in Bangladesh

27 May No Comments gregsamuel_e5x9azx4 LNG World News

Summit LNG (left) receiving LNG from the tanker (right). Image courtesy of Summit Summit LNG, a Summit Corporation unit, has successfully completed its first ship-to-ship transfer of liquefied natural gas (LNG) in Bangladesh. Summit said last Friday that it completed its first ship-to-ship transfer of LNG on May 23, six

Top news of the week May 20-25

26 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Petronas Novatek tags TechnipFMC for Arctic LNG 2 plant job Russian largest independent gas producer and LNG player Novatek signed a deal with TechnipFMC for its Arctic LNG 2 project. Golar LNG tightens loss, plans TFDE LNG carrier fleet spin-off LNG shipper Golar saw its losses tightening

Novatek expands exploration acreage

24 May No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of Novatek) Russia’s largest independent natural gas producer and LNG operator Novatek has secured the right to explore on the Krasnoyarsk Territory.  The company said on Friday it has obtained five new licenses on the Krasnoyarsk Territory located in close proximity to its existing licenses

Moody’s: China’s tariffs to slow US incremental LNG volumes development

24 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomIllustration purposes only (Image courtesy of Cheniere) The ratings agency Moody’s said that China’s tariff retaliation will add to the pressure on the United States liquefied natural gas (LNG) industry.  In its comment the agency, following China’s increase in tariffs on $60 billion of imports from the United States, jumping

Malaysia’s MISC reports rise in Q1 revenue

24 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of MISC Malaysian LNG shipping giant MISC, a unit of Petronas, said its revenue for the first three months of the year jumped in comparison to Q1 2018.  Group revenue reached 2.2 billion Malaysian ringgit ($543.8 million) was 12.7 percent above the 2 billion Malaysian ringgit reported in

Magnolia LNG gets tax exemption incentive from Louisiana

24 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of LNG Limited Perth-based LNG Limited has received an Industrial Tax Exemption Program (ITEP) incentive for the Magnolia LNG project from the State of Louisiana. LNG Limited said that the ITEP was awarded following the approval from the Louisiana Board of Commerce and Industry, local governments, and Governor

LNGSTS supervises 100th ship-to-ship LNG transfer in Arctic Circle

24 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of LNGSTS LNGSTS, a unit of Teekay Tankers said it has completed its 100th ship-to-ship liquefied natural gas transfer operation in the Arctic circle since the end of last year.  The milestone operation was completed last week in Honningsvåg, Norway, the STS service provider said in a brief

McDermott reaffirms Freeport LNG Train 3 timing

24 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Freeport LNG LNG contractor McDermott International stated the production from the final train of the Freeport LNG project in Freeport, Texas, is set to start production in the first quarter of 2020. McDermott added that the production would start in accordance with a previously disclosed schedule. The

Seaspan Ferries expands LNG-battery hybrid fleet

24 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomRendering of new LNG-Hybrid vessel (Image courtesy of Seaspan) Seaspan Ferries said it will be adding two new liquefied natural gas (LNG) – battery hybrid ferries to its fleet in 2021. The vessels will be constructed by Damen Shipyards Gorinchem at their Mangalia Shipyard in Romania, Seaspan Ferries said in

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