Image courtesy of NextDecade US LNG export project developer NextDecade has signed two contracts with Bechtel for the engineering, procurement, and construction (EPC) of NextDecade’s Rio Grande LNG project in Brownsville, Texas, totaling $9.565 billion. The fully wrapped lump-sum turnkey EPC contracts include cost, schedule, and performance guarantees, NextDecade said
zoomImage courtesy of Venture Global LNG US LNG export project developer Venture Global LNG has agreed with Stonepeak Infrastructure Partners for the latter to provide a $1.3 billion equity investment in the 10 million tonnes per annum (MTPA) Calcasieu Pass LNG export facility in Cameron Parish, Louisiana. This brings
zoomIllustration purposes only (Image courtesy of Santos) LNG exports from the three liquefaction plants located on Curtis Island offshore Gladstone totaled 1.78 million tons spread across 27 cargoes in April 2019. The volume represents a 7.8 percent decrease compared to the 1.93 million tons reported in March 2019, data from
Illustration purposes only (Image courtesy of Guangdong Dapeng LNG) China, the world’s second-largest liquefied natural gas importer, reported a rise in imports of the chilled fuel during the month of April. During the month of April, China imported a total of 4.54 million tonnes of LNG. This represents a rise
Image courtesy of Iren Iren, Italy’s regional utility is reportedly looking to sell its 49.1 percent stake in the OLT Offshore LNG Toscana terminal off the Italian coast between Livorno and Pisa. Sources told Reuters the company has been discussing the sale with a number of potential buyers, including the
Artistic rendering of the vessel; Image courtesy of Damen Damen Yichang Shipyard in China has held a keel-laying ceremony for an LNG bunker vessel for Elenger, a new energy brand formerly known as Eesti Gas. Damen said on Tuesday that the keel-laying was held following a steel-cutting ceremony in March
Image courtesy of OLT Offshore LNG Toscana OLT Offshore LNG Toscana, the operator of the floating import terminal off the coast between Livorno and Pisa, said that First State Investments, an Australian fund, has joined the company board. The announcement follows the formalization of the transfer of shares held by
Image courtesy of Fluxys Belgium – P. Henderyckx Fluxys LNG said the subscription window for the unloading slots and additional storage services at the Zeebrugge LNG raised significant interest by the market participants. The company said that the window that was open from April 30 to May 24 gathered sufficient
Image courtesy of Klaipedos Nafta Klaipedos Nafta, Lithuanian liquefied natural gas (LNG) import terminal operator, has approved the transfer of terminal operations to its unit SGD terminalas. In a previous statement, the company said it has created a unit to which it plans to transfer the operation of the terminal