Image courtesy of Petronas Malaysian energy giant Petronas, marked another milestone with the official naming of its second floating liquefied natural gas (LNG) facility, PFLNG Dua at the Samsung Heavy Industries shipyard in South Korea. With PFLNG Dua, the national oil and gas company of Malaysia now owns and operates
zoomImage courtesy of Golar LNG LNG shipper Golar reported a third-quarter net loss of $82.3 million in the third quarter of the year, tightening from the previous quarter. The figures compare to a net loss of $112.6 million in the previous quarter and a $66.2 million profit in the corresponding
zoomImage courtesy of Anadarko African Development Bank said it has approved a long-term loan of $400 million to support the building of an integrated Liquefied Natural Gas (LNG) plant, including a liquefaction facility in Mozambique. The Mozambique LNG Area 1 project led by the French major Total, includes Mitsui, Oil
Image courtesy of NYK Japanese shipping giant Nippon Yusen Kaisha (NYK) has signed a deal with the unit of Indonesian state-owned oil and gas company Pertamina’s unit, Pertamina International Shipping, for energy transportation. NYK said in its statement that the demand for energy transportation, especially liquefied natural gas (LNG), is
Image courtesy of SHI South Korean shipbuilding giant Samsung Heavy Industries has secured an order for liquefied natural gas carriers worth a total of $1.5 billion. According to a company’s filing to the stock exchange, the contract has been signed with a European shipowner. While no further contract details have
zoomFor illustration purposes only (Image courtesy of Guangdong Dapeng LNG) Imports of liquefied natural gas (LNG) into China have dropped in October compared to the corresponding month last year. China, the world’s second-largest importer of the chilled fuel, reported an 11.5 percent rise in imports during the month under review,
Image courtesy of SHI South Korean shipbuilder Samsung Heavy Industries has laid the keel for the third newbuild LNG carrier being built for the Copenhagen-based Celsius Tankers. The Danish company has made its entry into the LNG shipping market with its first order for a pair of liquefied natural gas tankers at
Image courtesy of SHI Classification society ABS has awarded approval in principle (AIP) to Samsung Heavy Industries (SHI) for its X-Reli LNG boil-off gas expander, a part of SHI’s expansion re-liquefaction system. According to SHI, the X-Reli system is optimized for low and medium pressure application, which SHI company says
Image courtesy of Commonwealth LNG Commonwealth LNG has signed a strategic LNG marketing and gas supply deal with the Swiss trader Gunvor. Under the agreement, Gunvor will support Commonwealth in securing binding LNG offtake and gas supply agreements for the full capacity of the latter’s LNG export facility in Cameron
Jobo; Image courtesy of Canacol Energy Canacol Energy has begun production and sale of liquified natural gas (LNG), the first such operation in Colombia. Canacol said on Monday that the company was also in negotiation with Galileo Technologies to form a joint venture which would install terminals at other locations