zoomFor illustration purposes only (Image courtesy of Guangdong Dapeng LNG) Imports of liquefied natural gas (LNG) into China have dropped in October compared to the corresponding month last year. China, the world’s second-largest importer of the chilled fuel, reported an 11.5 percent rise in imports during the month under review,
Samsung Heavy lays keel for Celsius Tankers’ third LNG newbuild
Image courtesy of SHI South Korean shipbuilder Samsung Heavy Industries has laid the keel for the third newbuild LNG carrier being built for the Copenhagen-based Celsius Tankers. The Danish company has made its entry into the LNG shipping market with its first order for a pair of liquefied natural gas tankers at
SHI gets approval in principle for LNG boil-off technology
Image courtesy of SHI Classification society ABS has awarded approval in principle (AIP) to Samsung Heavy Industries (SHI) for its X-Reli LNG boil-off gas expander, a part of SHI’s expansion re-liquefaction system. According to SHI, the X-Reli system is optimized for low and medium pressure application, which SHI company says
Commonwealth LNG, Gunvor ink LNG marketing and supply deal
Image courtesy of Commonwealth LNG Commonwealth LNG has signed a strategic LNG marketing and gas supply deal with the Swiss trader Gunvor. Under the agreement, Gunvor will support Commonwealth in securing binding LNG offtake and gas supply agreements for the full capacity of the latter’s LNG export facility in Cameron
Canacol Energy begins production and sale of LNG in Colombia
Jobo; Image courtesy of Canacol Energy Canacol Energy has begun production and sale of liquified natural gas (LNG), the first such operation in Colombia. Canacol said on Monday that the company was also in negotiation with Galileo Technologies to form a joint venture which would install terminals at other locations
India’s October LNG imports edge up
zoomImage courtesy of Petronet LNG Imports of liquefied natural gas (LNG) into India rose in October when compared to the corresponding month in 2018. Data from the oil ministry’s Petroleum Planning and Analysis Cell (PPAC) shows that 2.69 billion cubic meters have been imported during the month under review. This
Flex charters LNG newbuild to Gunvor
LNG Limited extends Magnolia EPC deal validity
Image courtesy of LNG Limited Australian LNG project developer, LNG Limited, has further extended the validity period of the Magnolia LNG engineering, procurement and construction deal with KSJV. LNG Limited noted in its statement that the $4.623 billion EPC deal is now valid through June 2020. The agreement incorporates the
Qatar Petroleum to hit 126 mtpa of LNG production by 2027
zoomImage courtesy of Qatar Petroleum Qatar Petroleum has set its sights on further expanding its LNG production capacity, with the company aiming to raise its current volumes by 64 percent by 2027. Speaking at a press conference in Doha, Qatar Petroleum president and CEO, and minister of state for energy
Russian natural gas exports to Austria hit new high
Image courtesy of Gazprom Russian natural gas exports to Austria have reached a new high during the year so far, heads of the two companies noted during a working meeting in St. Petersburg. Gazprom’s head Alexey Miller with OMV chairman Rainer Seele, discussed the topical issues of cooperation, highlighting, in particular,