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Singapore terminal fit for small-scale LNG ops

22 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Singapore LNG Singapore LNG has modified its secondary jetty at Singapore’s liquefied natural gas terminal on Jurong Island readying the facility for small-scale operations. SLNG said on Friday that it is now able to receive and reload small LNG ships of between 2,000 cubic meters and 10,000

FERC approves Calcasieu Pass LNG project construction

22 Feb No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Venture Global LNG US LNG export project developer Venture Global LNG has on Thursday received a regulatory permit to site, construct and operate the Calcasieu Pass LNG export project in Louisiana.  In its order, the Federal Energy Regulatory Commission said it has given the authorization to build

Mitsubishi Shipbuilding christens Mitsui’s LNG carrier newbuild

22 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Mitsubishi Mitsubishi Shipbuilding, a group company of Mitsubishi Heavy Industries (MHI), christened Marvel Crane, a liquefied natural gas (LNG) carrier under construction for Mitsui & Co. Mitsubishi said on Friday that the completion is scheduled for March 2019, after which the Marvel Crane will be put into

US LNG exports post weekly rise

22 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Cheniere Liquefied natural gas exports from the U.S. increased for the second week running, according to the weekly report by the Energy Information Administration (EIA). The data shows that nine vessels with a combined LNG-carrying capacity of 32.8 Bcf departed the United States from February 14 to February

GTT ventures into digital services

22 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of GTT/Roland Mouron) French liquefied natural gas containment systems specialist GTT devised a program for the creation of a Digital Hub of Excellence in Singapore. The hub will be run by GTT’s local units Ascenz Solutions and GTT South East Asia, GTT said in its

EnergyQuest: Queensland LNG projects facing supply crunch

21 Feb No Comments gregsamuel_e5x9azx4 LNG World News

zoomShips being loaded with LNG at all three of the plants on Curtis Island (Image courtesy of Bechtel) Queensland faces the partial shutdown of a third of its barely decade-old $84 billion LNG industry by the middle of next decade due to a gas supply shortage, together with diversions to

Equinor expects 10 pct natural gas demand growth to 2030

21 Feb No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Einar Aslaksen – TRY / Equinor ASA Norwegian energy giant and LNG operator Equinor said its natural gas sales in 2018 totaled around $26 billion, an increase of 29 percent from 2017. As more countries prepare for the energy transition, Equinor expects global demand to grow by

Teekay LNG’s 2018 profit slumps

21 Feb No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Teekay LNG Teekay LNG Partners, one of the world’s largest owners of LNG carriers, reported a significant cut in net profit during the fourth quarter and full-year 2018.  Net income for the fourth quarter plunged to $6.58 million from $25.95 million in the previous quarter, the company’s

Santos swings to 2018 profit

21 Feb No Comments gregsamuel_e5x9azx4 LNG World News

zoomBarossa Caldita drilling, 2017 (Image courtesy of Santos) Australian LNG player Santos turned a profit for 2018 following a net loss in the previous year.  The company noted the net profit for the year 2018 reached $630 million compared to a $360 million net loss in 2018. Santos managing director and

Commonwealth LNG to meet European gas demand

21 Feb No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Commonwealth LNG Houston-based Commonwealth LNG has reportedly received commitments from European buyers to take almost half of the liquefied natural gas (LNG) from its planned 8.4-million-tonnes-per-year export terminal in Louisiana. Citing Commonwealth LNG CEO Paul Varello, Reuters said on Wednesday that the prospective buyers were European end-users

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