Image courtesy of Tellurian US LNG Export project developer, Tellurian signed a memorandum of understanding (MOU) with Petronet LNG on potential investment in the Driftwood LNG project proposed near Lake Charles, Louisiana, on the U.S. Gulf Coast. Driftwood project includes a 27.6 mtpa liquefaction export facility and Driftwood Pipeline is
zoomImage courtesy of GasLog Monaco-based LNG shipper GasLog reported record annual profit with spot earnings in a tight LNG shipping market boosting the figures. The company reported a profit for the year 2018 of $47.7 million, which compares to $15.5 million recorded in 2017. Speaking of the results, GasLog’s CEO Paul
Image courtesy of GTT/Roland Mouron French LNG containment systems specialist GTT has received an order from Samsung Heavy Industries (SHI) for the tank design of a new 174,000-cubic meter LNG carrier. GTT said on Wednesday that Samsung Heavy ordered the tank on behalf of ship-owner Minerva Gas. The company added
Image courtesy of Woodside Australia’s Woodside Petroleum on Wednesday reported a 28 percent jump in profit as production rose in 2018 to 91.4 mmboe. Profit after tax reached $1.36 billion, the company said in its report with Woodside’s CEO Peter Coleman adding that the rise was “driven by robust operational performance
Image courtesy of Chevron U.S. oil and gas major Chevron signed a new sales and purchase agreement with GS Caltex Corporation for the delivery of liquefied natural gas (LNG) to South Korea. Chevron said on Wednesday that GS Caltex, a joint venture between Chevron and GS Energy, signed a long-term
zoomImage courtesy of Shell The Hague-based LNG giant Shell said it is in no rush with the commissioning process of its Prelude floating liquefied natural gas (FLNG) facility located offshore Western Australia. The company has already started feeding the gas into the pipes in the third quarter last year and opened
zoomImage courtesy of Gasum Finish energy company Gasum said it has supplied liquefied natural gas fuel to Arctia’s Polaris, the world’s first LNG-fueled icebreaker at its two facilities in January and February. Polaris bunkered LNG in January from the Pori LNG import terminal and in February from the Manga LNG terminal located
Image courtesy of Woodside Australian LNG player Woodside is set to complete a number of maintenance shutdowns on its LNG assets in 2019. Pluto LNG facility is set to undergo one-month maintenance during April-May, a Woodside spokesperson told LNG World News. Last week the facility halted production due to a
Toyoda Gosei switches Seto plant to LNG Japan’s Toyoda Gosei installed liquefied natural gas (LNG) heating and cooling equipment at its Seto Plant, which manufactures automobile interior and exterior products. This switch from kerosene to LNG and electricity as an energy source will cut carbon dioxide (CO2) emissions at the
Image courtesy of Gazprom Russian giant Gazprom and the German utility discussed the supply of Russian gas to Germany in a recent meeting in Moscow. The two companies noted that gas exports from Russia to Germany in February remained at similar levels to the corresponding month last year, due to