Image courtesy of Enterprise Enterprise Products Partners will expand and extend its Acadian natural gas system to deliver growing volumes of natural gas from the Haynesville Shale to the LNG market in South Louisiana. The company said that the project would include the construction of an approximately 80-mile pipeline originating
Rising LNG sales bump Petronas’ profit in volatile market
zoomPetronas president and CEO Wan Zulkiflee Wan Ariffin (Image courtesy of Petronas) Malaysian energy giant Petronas reported rising liquefied natural gas (LNG) sales in the first half of the year despite challenging conditions and lower commodity prices. Total LNG sales volume for the first half of 2019 was 5 percent
DSME picks up design approval for LNG cargo containment system
Second from right: DSME chief technology officer Kwon Oh-yig; Third from right: VP for the Southwest Europe and North America BV Bruno Dabouis – Image courtesy of DSME South Korea’s shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) has obtained a design approval from Bureau Veritas (BV) for its LNG
EU approves Lithuanian LNG terminal financing modification
zoomImage courtesy of Klaipedos Nafta The European Commission has approved, under EU State aid rules, Lithuanian plans to modify the financing mechanism to cover the leasing costs of a liquefied natural gas (LNG) terminal in Klaipėda, Lithuania. In November 2013, the Commission approved aid to support the construction and operation of
Five companies team up on LNG-fueled VLCC JDP
zoomLR’s Commercial Director, Andy McKeran and GTT’s CEO and Chairman, Philippe Berterottière, during the announcement (Image courtesy of Lloyd’s Register) Classification society Lloyd’s Register (LR) teamed up with China Merchants, GTT, CNOOC and DSIC to design an LNG-fuelled Very Large Crude Carrier (VLCC). China Merchants Energy Shipping (CMES), CNOOC Gas
KOMIPO, Petronas ink LNG, renewables MoU
Image courtesy of KOMIPO South Korean power company Korea Midland Power (KOMIPO) has signed a memorandum of understanding with Malaysia’s Petronas to collaborate in the LNG and renewable energy sectors. The South Korean company said the aim of the partnership is not only to cooperate on the liquefied natural gas
Cleancore starts LNG supply push through Mississipi river system
Illustration purposes only (Image courtesy of SCF Marine) Cleancor Energy Solutions, a unit of SEACOR Holdings, launched a joint initiative with SCF Marine to increase the use and supply of LNG and CNG natural gas throughout the Mississippi River system. SCF’s knowledge of the U.S. Inland Waterways and its ports,
Wärtsilä nets tech supply order for US LNG bunker barge
zoomImage courtesy of VARD Marine The Finnish technology group Wärtsilä has been contracted to supply its LNG cargo handling system for a new 5400-cbm LNG bunker barge being built in the USA. The barge is being built at the Fincantieri Bay Shipbuilding yard in Wisconsin on behalf of NorthStar Midstream,
Tohoku Electric floats tender for three LNG cargoes
Illustration purposes only (Image courtesy of Teekay) Japanese utility Tohoku Electric Power is looking to tap into the LNG spot market to secure supply for the October-November period. Citing industry sources, Reuters reports Tohoku Electric has launched a tender to secure delivery of three cargoes. Deliveries are to be spread
Gasum targets international marine LNG services expansion
zoomImage courtesy of Gasum Nordic small-scale liquefied natural gas supplier Gasum is eyeing expansion of its marine LNG services in response to the growing demand from the market. The company said it has appointed Jacob Granqvist to the newly-created position of sales director of Gasum’s marine LNG business. According to