zoomIllustration purposes only (Image courtesy of Cheniere) The ratings agency Moody’s said that China’s tariff retaliation will add to the pressure on the United States liquefied natural gas (LNG) industry. In its comment the agency, following China’s increase in tariffs on $60 billion of imports from the United States, jumping
Image courtesy of MISC Malaysian LNG shipping giant MISC, a unit of Petronas, said its revenue for the first three months of the year jumped in comparison to Q1 2018. Group revenue reached 2.2 billion Malaysian ringgit ($543.8 million) was 12.7 percent above the 2 billion Malaysian ringgit reported in
zoomImage courtesy of LNG Limited Perth-based LNG Limited has received an Industrial Tax Exemption Program (ITEP) incentive for the Magnolia LNG project from the State of Louisiana. LNG Limited said that the ITEP was awarded following the approval from the Louisiana Board of Commerce and Industry, local governments, and Governor
zoomImage courtesy of LNGSTS LNGSTS, a unit of Teekay Tankers said it has completed its 100th ship-to-ship liquefied natural gas transfer operation in the Arctic circle since the end of last year. The milestone operation was completed last week in Honningsvåg, Norway, the STS service provider said in a brief
Image courtesy of Freeport LNG LNG contractor McDermott International stated the production from the final train of the Freeport LNG project in Freeport, Texas, is set to start production in the first quarter of 2020. McDermott added that the production would start in accordance with a previously disclosed schedule. The
zoomRendering of new LNG-Hybrid vessel (Image courtesy of Seaspan) Seaspan Ferries said it will be adding two new liquefied natural gas (LNG) – battery hybrid ferries to its fleet in 2021. The vessels will be constructed by Damen Shipyards Gorinchem at their Mangalia Shipyard in Romania, Seaspan Ferries said in
zoomAerial view of the JAX LNG facility (Image courtesy of JAX LNG) JAX LNG facility located at Dames Point in Jacksonville, Florida, and built by the Pivotal LNG and NorthStar Midstream joint venture sprung into operation earlier this month. The plant is the first small-scale LNG facility in the United
zoomImage courtesy of AIE Australian Industrial Energy (AIE) said it has reached a preliminary agreement with EnergyAustralia to provide 15PJs of natural gas per annum, from its Port Kembla gas terminal (PKGT). Commencing January 1, 2021, the five-year contract will supply gas for EnergyAustralia’s residential and industrial customers as well
For illustration purposes only; Image courtesy of HHI South Korean shipbuilding giant Hyundai Heavy Industries (HHI) booked an order for a pair of liquefied natural gas carriers on Thursday. The shipbuilder said the order is valued at 463 billion South Korean won ($390 million) and are being built for unnamed