Fig 1. Mozambique Gas Summit Sponsored content Press Contact – Catalina Zuliani, Senior Marketing Manager + 44 20 7978 0049 Email: czuliani@thecwcgroup.com With a second FID in just 2 years, Mozambique has officially positioned itself as a key player in the global gas and LNG market for years to come.
Sovcomflot’s LNG-fueled duo completes NSR passage
Image courtesy of SCF Two LNG-powered large-capacity Sovcomflot tankers have completed voyages eastbound along the Northern Sea Route (NSR). Sovcomflot said on Monday that the two vessels in question were the Mendeleev Prospect and Lomonosov Prospect. Lomonosov Prospect reached Cape Dezhnev, the easternmost end of the NSR, on October 16
InfraStrata extends Cumbria FSRU validity deal with Meridian
zoomIllustration purposes only (Image courtesy of Höegh LNG) The London Stock Exchange-listed infrastructure company, InfraStrata, has extended its period of exclusivity with Meridian Holdings, for the development and acquisition of an FSRU in the United Kingdom. Under the terms of the agreement, the company now has extended its exclusivity till
Golar Power wins Brazilian LNG-to-power project deal
zoomImage courtesy of Golar LNG Golar LNG said that Golar Power, a (50/50) joint venture with Stonepeak Infrastructure Partners, has been awarded a 25-year power purchase agreement (PPA) for the construction of a 605MW combined cycle thermal power plant in Brazil. The company has been awarded the PPA at the
NextDecade adds to its board of directors
Image courtesy of NextDecade US LNG export project developer NextDecade Corporation said that, effective November 1, 2019, Frank Chapman has been appointed to its board as a non-executive, independent director of NextDecade. Chapman spent 40 years in the oil and gas industry, beginning his career with BP before moving to
Dominion Energy sells 25 percent stake in Cove Point
zoomImage courtesy of Sumitomo Corporation U.S. LNG operator Dominion Energy has entered into an agreement with Brookfield Super-Core Infrastructure Partners to sell a 25 percent non-controlling equity interest in Cove Point to Brookfield for just over $2 billion. The agreement with the Brookfield Asset Management.controlled infrastructure fund is part of
GATE LNG terminal’s nine-month throughput rises
Image courtesy of GATE LNG Liquefied natural gas (LNG) throughput volumes at the Dutch Gate terminal have gone up in the first nine months of the year as European consumption of gas produced in the Atlantic region jumped. The facility located in the Dutch port of Rotterdam recorded a throughput
Operail to build Baltics’ first LNG freight locomotive
zoomImage courtesy of Operail Operail, an international logistics and transportation company, has entered into a cooperation agreement with the Latvian company DiGas to develop the first cargo-carrying LNG freight locomotive in the region. DiGas is an engineering company based in Riga, Latvia, that is currently advancing its own dual-fuel system.
Awilco’s financing of LNG carrier duo gets credit approval
Image courtesy of Awilco LNG A term sheet for the financing of two Awilco’s liquefied natural gas (LNG) carriers has been credit approved. To remind, the Norwegian LNG transportation provider agreed and signed a term sheet for the two LNG carriers in early August. The sale/leaseback facility, provided by CCB
Japanese September LNG imports up
zoomImage courtesy of Tepco Japanese imports of liquefied natural gas (LNG) have rebounded in September following a dip during the previous month. According to the provisional data released by Japan’s Ministry of Finance, a total of 6.44 million tons of the chilled fuel were imported into Japan during the month