Image courtesy of Klaipedos Nafta Lithuanian liquefied natural gas (LNG) import terminal operator, Klaipedos Nafta, has put up for grab regasification capacity at the facility for the upcoming gas year. According to the company’s statement, the terminal capacity allocation procedure is open with users invited to submit requests by May
Image courtesy of Exmar Belgium’s Exmar, the Nicolas Savery-led shipowner, reported a plunge into the red in the first quarter of the year. The company reported a loss of $11.4 million, which compares to $21.4 million in the corresponding quarter in 2018. Exmar’s LNG infrastructure division posted a $3 million
Image courtesy of Cheniere Liquefied natural gas exports from the United States have increased during the previous week, the data from the U.S. Energy Information Administration shows. According to EIA, a total of eight vessels departed the U.S. LNG export facilities with a combined carrying capacity of 28.4 Billion cubic
zoomImage courtesy of GasLog LNG Partners GasLog Partners, the New York-listed spinoff of LNG shipper GasLog, reported a slide in profit for the first quarter of 2019. In its latest report, the partnership reported a 45 percent drop from $37.3 million in the first quarter of 2018 to $20.4 million
Image courtesy of Gazprom Russian giant Gazprom discussed the development prospects of the Chinese gas market with CNPC. Gazprom’s head Alexey Miller and CNPC chairman Wang Yilin discussed strategic aspects of cooperation between the two companies, paying particular attention to gas supplies. It was noted that the preparation of facilities for Russian gas
zoomImage courtesy of Anadarko Anadarko Petroleum confirmed that it has received an unsolicited proposal from Occidental Petroleum telling its shareholders to take no action before the review of the bid is completed. To remind, Occidental submitted a bid under which Anadarko shareholders would receive $38.00 in cash and 0.6094 shares
Illustration purposes only (Image courtesy of Novatek) China’s CNOOC has secured a 10 percent participation interest in Novatek’s second liquefied natural gas project, the Arctic LNG 2. Russia’s largest private natural gas producer said on Thursday a binding agreement for the acquisition of the 1o percent participation stake in the
zoomImage courtesy of Petronas Malaysian energy giant Petronas’ unit, Petronas LNG, formed a partnership with Pengerang LNG to provide gassing up and cooling down (GUCD) services at the Pengerang LNG terminal. The terminal is owned by Pengerang LNG (Two), which is a joint venture between Petronas Gas, Dialog LNG and
Image courtesy of SOL The newly formed Swedish shipping company, Wallenius SOL, has ordered a quarter of LNG-powered vessels to serve in the Gulf of Bothnia. The company was founded by Wallenius and Swedish Orient Line with an aim to strengthen the infrastructure for the needs of Finnish and Swedish
Illustration purposes only (Image courtesy of Freeport LNG) Over the next two years, almost 90 million tonnes per annum (mtpa) of LNG is expected to take final investment decision (FID) and start construction. New research from the consultancy group Wood Mackenzie shows that capital expenditure – for both LNG plant