Illustration purposes only (Image courtesy of Commonwealth LNG) Commonwealth Projects and Gunvor Group, through respective units, have signed a heads of agreement (HOA) for a 15-year LNG sale and purchase deal from the Commonwealth LNG export project under development in Cameron Parish, Louisiana. The HOA anticipates the negotiation and finalization
Pakistan LNG launches tender for 240 cargoes
Image courtesy of Pakistan LNG State-owned Pakistan LNG has launched a tender for the long-term supply of liquefied natural gas. According to Pakistan LNG’s filing, the tender is for the delivery of 240 cargoes over a 10-year period, on a delivered ex-ship (DES) basis to the import facility at Port
Global gas demand to keep rising over next five years, IEA says
Illustration; Image courtesy of Qatargas After another record year, global demand for natural gas is set to keep growing over the next five years due to strong consumption in fast-growing Asian economies, the International Energy Agency (IEA) said in its Gas 2019 report. The IEA said in its Gas 2019
Eesti Gaas kicks off bunkering operations in Port of Helsinki
Image courtesy of Eesti Gas Elenger, an Eesti Gaas unit operating in foreign markets, has started LNG bunkering operations in the port of Helsinki. Eesti Gaas said that the ship being bunkered was the same that Eesti Gaas bunkered in the port of Tallinn, the shuttle Megastar which cruises between
Oshima Shipbuilding develops new LNG-powered bulker design
LNG-powered Oshima Ultramax 2030 bulk carrier design; Image courtesy of DNV GL Japanese shipbuilder Oshima Shipbuilding has presented its brand-new LNG-powered Oshima Ultramax 2030 bulk carrier design at the recent Nor-Shipping trade fair in Oslo. In an attempt to reduce greenhouse gas emissions, in accordance with the International Maritime Organization’s
Kawasaki Heavy granted approval for LNG floating power plant concept
Johan Petter Tutturen, business director for Gas Carriers, at DNV GL (right), Yoshinori Mochida, President of KHI Ship & Offshore Structure (left); Image courtesy of DNV GL Classification society DNV GL has awarded Kawasaki Heavy Industries (KHI) an approval in principle for its LNG floating power plant (LFPP) concept. DNV
South Korean LNG imports edge up in May
Image courtesy of Kogas South Korea, the world’s third buyer of liquefied natural gas (LNG), received 2.97 million tons of LNG in May, 7.2 percent above the 2.77 mtpa in the corresponding month last year. Qatar, the world’s top LNG producer, remained the dominant source of South Korean imports with
PTT starts Singapore LNG trading with first cargo
Image courtesy PTT LNG PTT International Trading, the trading unit of Thailand’s state energy firm PTT, has sold the company’s first LNG cargo. According to Reuters, the cargo was sourced from an unnamed supplier by PTT International Trading and is scheduled to be delivered to India in June. This is
Black & Veatch completes tech test on Tango FLNG
Tango FLNG; Image courtesy of Black & Veatch Overland Park-headquartered FLNG topside solutions provider Black & Veatch has completed a performance test of its patented PRICO solution aboard Exmar’s Tango FLNG. Black & Veatch said on Tuesday that Exmar, using the PRICO technology, completed the test on June 5. According
Lockheed veteran joins Cheniere board of directors
zoomImage courtesy of Cheniere Houston-based LNG exporter Cheniere Energy has appointed a new member of the board, effective June 7. Cheniere said on Tuesday that it named Michele Evans to the board as an independent director. Evans will also be appointed to the Audit, Governance, and Nominating committee. Evans is