Illustration only. Image source: Pixabay under CCO Creative Commons license. Spot liquefied natural gas prices imported and contracted in Japan during the month of October plunged year-on-year according to the authority data. Data from the Japanese Ministry of Economy, Trade and Industry (METI) shows the October contract-based price was at
Saipem, Daewoo ink onshore LNG cooperation agreement
zoomImage courtesy of Saipem Italian oil and gas industry contractor Saipem has signed a strategic agreement with and Daewoo E&C for cooperation on targeted worldwide opportunities in the onshore oil and gas industry, with specific emphasis on the LNG sector. Saipem said on Monday that the two companies would enhance
Infrastrata secures funds for Harland & Wolff buy
zoomImage courtesy of Harland & Wolff InfraStrata, the UK company focused on infrastructure projects, has garnered £6 million ($7.7 million) through the sale of close to 2 billion shares through an accelerated bookbuild. The proceeds will be used to finance the acquisition of the principal assets of Harland & Wolff,
Electrogas Malta prepares FSU Armada LNG Mediterrana for adverse weather
Image courtesy of Electrogas Malta Electrogas Malta, the operator of the country’s first and only LNG regasification facility, has taken precaution measures for its FSU tanker Armada LNG Mediterrana due to adverse weather conditions. In its notice, EGM said that the weather forecast for the November 11-12, showed that Marsaxlokk
Australia: Gladstone LNG exports up in October
Image courtesy of Santos LNG exports from the three liquefaction plants located on Curtis Island off Gladstone reached 1.98 million tons of LNG in October. The volume was spread across 30 cargoes, data from the Gladstone Ports Corporation shows. Compared to the corresponding month in 2018, when the three facilities
YPF loads first commercial LNG cargo from Tango FLNG
LNG carrier Excalibur (Image courtesy of Excelerate) Argentina’s YPF has reportedly loaded its first commercial liquefied natural gas (LNG) cargo for export from a new floating facility. Citing trade sources said Reuters said that Argentina’s export joins a wave of new supply flooding the spot market, which depressed Asian spot
Woodside makes FID for Pluto-NWS Interconnector pipeline
Image courtesy of Woodside Australian LNG operator Woodside has taken a final investment decision on the pipeline component of the Pluto-North West Shelf (NWS) Interconnector. Woodside said that it also entered into contractual arrangements with DDG Operations for the construction of the pipeline and its ongoing operation and maintenance. The
Hudong-Zhonghua delivers Yamal LNG-dedicated tanker
LNG Dubhe during the naming ceremony (Image courtesy of MOL) China’s Hudong-Zhonghua Shipbuilding has delivered LNG Dubhe, the first of four conventional LNG carriers for the Yamal LNG project. According to a company official, the vessel, jointly ordered by Mitsui O.S.K. Lines (MOL) and China COSCO Shipping Corporation was delivered
Rosetti Marino to build Panfido’s LNG unit
zoomImage courtesy of Sener Italian towage specialist Rimorchiatori Riuniti Panfido has placed an order for the construction of an LNG SBBT unit with its compatriot shipbuilder Rosetti Marino. The SBBT (semi-ballastable barge transporter) unit has been designed by the Spanish engineering and technology group Sener. This project is co-funded by
Top news of the week November 4-9
Image courtesy of Klaipedos Nafta Disney Cruise Line orders LNG-fueled trio The U.S.-based Disney Cruise Line has entered into a memorandum of agreement for three additional LNG-powered cruise ships with the Meyer Werft shipyard in Germany. GTT inks LNG containment tech MoU with China’s BEG French liquefied natural gas containment