Image courtesy of PitPoint Europe’s first shore-to-ship bunkering station for liquefied natural gas has been filled with LNG for the first time. The LNG bunker station was built by PitPoint along the busiest waterway in Europe – the Rhine, in the port of Cologne, Germany. It’s the first permanent location
Baker Hughes picks up contract for work on Calcasieu Pass project
Image courtesy of Venture Global LNG Baker Hughes, a GE company, has been awarded a contract and granted notice to proceed with the construction of a comprehensive LNG technology solution for Venture Global LNG’s Calcasieu Pass project. The final notice to proceed (FNTP) granted to BHGE follows Venture Global’s FID
Shell pens long-term charters for 14 LNG-fuelled tankers
Illustration; Image courtesy of Teekay The Hague-based LNG giant Shell has agreed to charter a fleet of new liquefied natural gas-fuelled crude oil and products tankers in order to decarbonize shipping. Shell’s subsidiary, Shell Tankers Singapore, agreed a long-term deal to charter a fleet of ten LNG dual-fuel Aframax crude
COMET adds two to LNG Advisory Committee
zoomSam Farooki; Image courtesy by TruMarx TruMarx Data Partners, developers of the COMET energy marketplace, has expanded its LNG Advisory Committee with two new additions. TruMarx said on Tuesday that former Platts man W.K. Chan and Sam Farooki, an oil and gas industry veteran, joined the LNG Advisory Committee. The
Freeport LNG celebrates start of Train 1 production
Image courtesy of Freeport LNG McDermott International has stated that Train 1 of the Freeport LNG plant on Quintana Island in Freeport, Texas, has begun producing liquefied natural gas (LNG). McDermott said that, while production is in the initial phases, this significant project milestone was a precursor to first cargo
Equinor, Gazprom lose European gas market share as LNG imports triple
zoomImage courtesy of Equinor Europe’s two largest suppliers of pipeline gas Equinor and Gazprom have reportedly lost market share for the first time in at least four years amid a tripling in LNG imports into the region over the past ten months. According to Reuters, LNG imports into Europe jumped
GlobalData: Argentina’s large LNG export volumes still far from reality
Tango FLNG; Image courtesy of Black & Veatch Large volumes of LNG exports from Argentina are still far from reality due to production not meeting demand, according to data analytics and consulting company GlobalData. GlobalData said on Tuesday that Vaca Muerta was seen by multiple governments in Argentina as an
Flex LNG drops further into red over low gas prices
Illustration purposes only (Image courtesy of Flex LNG) Flex LNG, company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business, dropped deeper into red in the second quarter of 2019. The company reported a net loss of $3.9 million for the second quarter, a larger
Venture Global closes Calcasieu Pass LNG financing
Image courtesy of Venture Global LNG U.S. LNG export project developer Venture Global LNG has closed the financing for its Calcasieu Pass LNG facility and associated TransCameron pipeline in Cameron Parish, Louisiana. Venture said that the proceeds of the debt and equity financing would fully fund the balance of the
Gloryholder to supply LNG fuel gas systems for chemical tanker duo
Illustration; Image courtesy of Gloryholder EPC provider Gloryholder has signed a contract for the supply of LNG fuel gas systems to two dual-fueled chemical tankers. Gloryholder said that the deal was for the designing and supplying LNG fuel gas supply system for two 22,000 dwt chemical tankers with Wuhu Shipyard.