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Flex LNG drops to first-quarter loss

31 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Flex LNG Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business swung to a loss in the first three months of 2019.  The company reported a net loss of $3.4 million for the first quarter, dropping from a

Yamal, Qatari LNG cargoes heading for Belgium

31 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Fluxys Belgium – P. Henderyckx The Fluxys-operated Zeebrugge liquefied natural gas terminal in Belgium booked three cargoes for delivery in June.  According to the shipping data, the first in the series of three cargoes is being delivered onboard the 162,000-cbm liquefied natural gas carrier Clean Horizon. The

AltaGas starts up Ridley Island propane export facility

31 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of AltaGas Canada’s AltaGas has opened its propane export facility, the Ridley Island Propane Export Terminal (RIPET), located in Prince Rupert, British Columbia. The facility began introducing propane feedstock in mid-April, and the first shipment departed the terminal on May 23, 2019 bound for Asia, the company said

Nigerian LNG cargo heading for Portugal’s Sines terminal

30 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of REN REN’s Sines LNG import terminal on Portugal’s Atlantic coast is set to receive a cargo of liquefied natural gas from Nigeria. The cargo will be delivered from Nigeria LNG’s Bonny Island liquefaction plant onboard the LNG Borno liquefied natural gas carrier. The vessel with the capacity

Inpex, Indonesia make headway on $20 bln Abadi development

30 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Inpex Japan’s exploration and production giant Inpex has made progress on the development of the Masela block in the Arafura Sea that contains the Abadi gas field. According to a statement by the Indonesian ministry of energy said a number of strategic points have been agreed during a

Sempra starts loading first Cameron LNG cargo

30 May No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of NYK Line) Sempra Energy started loading the first cargo of the chilled fuel at its Cameron LNG export project in Hackberry, Louisiana.  The operation began on Tuesday afternoon, according to a brief social media statement by the company’s environmental coordinator. Data provided by VesselsValue

Höegh LNG Partners reports profit drop

30 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Höegh LNG Partners Höegh LNG Partners, the Bermuda-based limited partnership formed by Norway’s floating giant Höegh LNG, reported a drop in profit for the first three months of the year.  The partnership reported a net income of $14.1 million for the three months ended March 31, 2019,

Eni expands exploration acreage off Mozambique

30 May No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Eni Italian energy giant Eni, through its unit Eni Mozambico, has acquired rights to explore and develop offshore blocks A5-B, Z5-C and Z5-D, located in the deep waters of Angoche and Zambezi Basins. Through a farm-in agreement, signed with ExxonMobil Moçambique Exploration & Production Limitada (ExxonMobil) and

Summit, JERA to set up $500 mln energy project in Bangladesh

30 May No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Summit Summit Corporation and JERA Asia signed a memorandum of understanding (MOU) to develop a $500 million energy infrastructure project in Matarbari area in Cox’s Bazar, Bangladesh.  Infrastructure conglomerate Summit said in its statement the two companies intend to develop a project that would include, among others,

China’s Guangdong Energy buys two LNG spot cargoes

29 May No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of Guangdong Dapeng LNG) China’s Guangdong Energy Group has reportedly purchased a couple of spot cargoes of liquefied natural gas for delivery to CNOOC’s Dapeng LNG facility in which it has a stake.  Citing trading sources, Reuters reports one of the two cargoes has already

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