Oman LNG settles $2 bln loan
Top news of the week April 15-20
South Korea’s March LNG imports plunge 35 pct
19
Apr
Image courtesy of Kogas South Korea, the world’s third buyer of liquefied natural gas (LNG), received 2.77 million tons of LNG in March, 35.3 percent below 4.28 mtpa in the corresponding month last year. Qatar, the world’s top LNG producer, remained the dominant source of South Korean imports with 760,645
Vitol’s LNG trading volumes grow
19
Apr
Image courtesy of Vitol Commodity trading company Vitol saw its liquefied natural gas business grow over the past year with the volumes of traded chilled fuel increasing. The trader said the volumes increased from 7.4 million tonnes in 2017 to 7.8 million metric tonnes in 2018. Vitol noted that it
Japan’s March LNG imports slip
19
Apr
Image courtesy of Tepco Japanese imports of liquefied natural gas (LNG) during the month of March dropped 8.1 percent compared to the same month a year ago, according to the provisional data released by Japan’s Ministry of Finance. Japan, the world’s top LNG buyer, imported 7.29 million tonnes of LNG
Dual-fuel AET tankers conduct maiden LNG bunkering
19
Apr
Eagle Bintulu; Image courtesy of AET First dual-fuel sister Aframaxes owned by AET, a unit of the Malaysian shipping giant MISC, have completed their maiden ship-to-ship LNG bunkering. AET said that the vessels Eagle Brasilia and Eagle Bintulu conducted the operations in Port of Rotterdam earlier in April. This is
U.S. LNG exports rise on week
19
Apr
Image courtesy of Cheniere Liquefied natural gas (LNG) exports from the United States increased week on week, Energy Information Administration said in its report. EIA stated in its weekly report that eight LNG vessels, five from Sabine Pass, one from Cove Point, and two from Corpus Christi departed from the
Port Arthur LNG given green light to start construction
19
Apr
zoomImage courtesy of Port Arthur LNG Sempra Energy said its unit, Port Arthur LNG received authorization from the Federal Energy Regulatory Commission (FERC) to site, construct and operate its natural gas liquefaction-export facility under development in Jefferson County, Texas. “With today’s FERC order and the commercial momentum of the
FERC approves Driftwood LNG construction
19
Apr
Image courtesy of Tellurian US LNG export project developer, Tellurian said it has been granted a FERC authorization to build the Driftwood LNG project near Lake Charles, Louisiana. Tellurian said on Thursday the U.S. Federal Energy Regulatory Commission (FERC) has issued the order granting authorization for Driftwood LNG, a proposed
Hyundai LNG Shipping orders its first VLGC
19
Apr
Image courtesy of Hyundai LNG Shipping Hyundai LNG Shipping Company (HLS), South Korean owner of 10 LNG carriers, has placed an order at Hyundai Heavy Industry for the construction of one 84,600-cbm very large gas carrier (VLGC). The vessel will be delivered in the third quarter of 2020 for the