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GTT’s nine-month revenue jumps

18 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomIllustration purposes only (Image courtesy of GTT) French liquefied natural gas containment system specialist, GTT, reported an 8.7 percent rise in revenue for the first nine months of 2019.  The company said in its report its revenue reached €199.7 million ($222.1 million) for the period under review, which compares to

LNG orders rise bumps Chart’s third-quarter income

18 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Chart Industries US LNG equipment maker Chart Industries reported a net income of $18.7 million for the third quarter of the year as LNG fueling station orders hit a record high. Chart said its profit jumped 29.9 percent from $14.4 million in the second quarter of the

Chart opens LNG station for Bisek-Asfalt in Poland

17 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Chart U.S. LNG equipment maker Chart Industries said its unit, Chart Ferox, has opened an LNG vehicle fueling station in Kostomloty, Poland.  The station has been engineered and built by Chart Ferox for Bisek-Asfalt that owns and will also operate the facility. It will service Bisek-Asfalt’s own

Höegh LNG opens Shanghain office to pursue FSRU projects

17 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Höegh LNG Norway-based floating LNG giant Höegh LNG opened its office in Shanghai as it aims to pursue additional FSRU projects.  The company noted in a brief social media statement that it already has a strong footprint in the Chinese LNG market with Esperanza operating as the

Kawasaki Heavy given approval in principle for LNG floating power plant

17 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomShigeru Murayama, Kawasaki (right) and Stian Erik Sollied, DNV GL (left); Image courtesy of Kawasaki Kawasaki Heavy Industries has obtained approval in principle for its LNG floating power plant equipped with its own gas turbine. Kawasaki received approval from ship classification organization DNV GL based on its “Gas Power Plant”

Higher production, LNG prices boost Woodside’s revenue

17 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Woodside Petroleum Australia’s Woodside Petroleum on Thursday reported a jump in revenue in the third quarter of the year on higher production and stronger realized LNG pricing.  The company reported sales revenue of $1.16 billion in the quarter ending September 30, 2019, 58 percent up on the

VT Halter Marine launches America’s first LNG ATB barge

17 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Q-LNG 4000 launch; Image courtesy VT Halter Marine A few weeks after being named, the Q-LNG 4000 ATB barge has been launched from the docks of VT Halter Marine. The Q-LNG 4000 barge, America’s first LNG articulated tug and barge, is designed to carry 4,000 cubic meters of LNG. Its

Tohoku secures Cameron LNG volumes

17 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of Sempra Energy) Japanese utility Tohoku Electric Power signed a long-term liquefied natural gas supply deal with Diamond Gas International, a Mitsubishi Corporation unit. Under the agreement, Tohoku will be purchasing up to 200,000 tons of LNG annually on a delivered ex ship (DES) basis

Santos posts record production, revenue figures

17 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Santos Australian LNG player Santos, the operator of the GLNG project, reported record production and sales volumes figures in the third quarter of the year.  The company noted in its report that the production for the third quarter reached 19.8 mmboe, 32 percent up on the corresponding

AET names LNG-fueled DPST pair

16 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of AET Singapore-headquartered petroleum tanker owner and operator AET, named two of the world’s first LNG dual-fuel dynamic positioning shuttle tankers (DPSTs). The vessels will emit 40-48 percent less carbon than equivalent vessels built in 2008, meeting the International Maritime Organization’s (IMO) target of reducing carbon (CO2) emissions

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