BHP to decide on LNG-fueled iron ore freight in first quarter 2020
Sovcomflot enters financing and charter for Arctic LNG 2-bound carrier
4
Nov
Illustration purposes only (Image courtesy of Sovcomflot) Russian shipping company Sovcomflot has signed a financing and time-charter agreements for the first icebreaking LNG carrier for Novatek’s Arctic LNG 2 project. SCF Group and VEB.RF Group, a Russian financial institution, signed an agreement for lease financing of the lead ship in
First private LNG shipment likely to arrive by end of November
4
Nov
The first private shipment of liquefied natural gas (LNG) is likely to arrive at its destination by the end of the current month. Illustration; Image courtesy of Pixabay A shipment from the Universal Gas Distribution Company (UGDC) carrying around 130,000 cubic meters of LNG will arrive at Karachi by the
Italian delegation discusses LNG ship supply in Damietta port
4
Nov
An Italian delegation has visited the Damietta Port Authority in Egypt to discuss the possibility of cooperation in the field of supplying ships with LNG and necessary infrastructure. Image courtesy of DPA The DPA Chairman Walid Awad received an Italian delegation from the Italian port of Bari, Italian Chamber of
LNGL joins U.S. trade mission to promote LNG industry in Southeast Asia
4
Nov
Liquefied Natural Gas Limited has been chosen to participate in a U.S. trade mission to Thailand, Indonesia, and Vietnam which aims to accelerate U.S. LNG commercial activity in Southeast Asia. Image courtesy of U.S. Department of Commerce The trade mission is led by U.S. Secretary of Commerce Wilbur Ross and
Top news of the week Oct. 28-Nov. 2
3
Nov
Illustration purposes only (Image courtesy of Modec) Delfin advances FLNG project with SHI, Black & Veatch partnership Delfin Midstream initiated cooperation with Samsung Heavy Industries and Black & Veatch in the fourth quarter of 2018 and completed a pre-FEED study for a newbuild FLNG vessel in the first half of
Cheniere slips to loss in third quarter
1
Nov
zoomImage courtesy of Cheniere Houston-based LNG exporter Cheniere Energy slipped into the red during the quarter ending September 30. The company reported a $318 million loss during the quarter under review, which compares to $65 million profit in the corresponding quarter of 2018. For the first nine months of the
Sempra Energy posts boosted third-quarter earnings
1
Nov
zoomImage courtesy of Sempra Energy San Diego-based energy company and LNG operator Sempra Energy reported a jump in earnings for the third quarter of 2019. The company said on Friday its third-quarter earnings reached $813 million, up from $274 million in the corresponding quarter last year. Sempra added that it
Japan marks 50 years LNG imports milestone
1
Nov
zoomPolar Alaska, transporting the first cargo of LNG to Japan (Image courtesy of Mitsubishi Corporation) Mitsubishi Corporation is set to mark 50 years of LNG imports into Japan on November 4. The company noted in its statement on Friday, November 1, that Tokyo Electric Power Company (now JERA) and Tokyo
Chinese wind power player gets LNG terminal approval
1
Nov
zoomImage source: Pixabay under CCO Creative Commons license. Chinese wind power player China Suntien Green Energy is venturing into liquefied natural gas with plans to set up an LNG import facility in north China by the end of 2022. The company backed by the Hebei provincial government would join a