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Top news of the week Oct. 28-Nov. 2

3 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of Modec) Delfin advances FLNG project with SHI, Black & Veatch partnership Delfin Midstream initiated cooperation with Samsung Heavy Industries and Black & Veatch in the fourth quarter of 2018 and completed a pre-FEED study for a newbuild FLNG vessel in the first half of

Cheniere slips to loss in third quarter

1 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Cheniere Houston-based LNG exporter Cheniere Energy slipped into the red during the quarter ending September 30. The company reported a $318 million loss during the quarter under review, which compares to $65 million profit in the corresponding quarter of 2018. For the first nine months of the

Sempra Energy posts boosted third-quarter earnings

1 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Sempra Energy San Diego-based energy company and LNG operator Sempra Energy reported a jump in earnings for the third quarter of 2019.  The company said on Friday its third-quarter earnings reached $813 million, up from $274 million in the corresponding quarter last year. Sempra added that it

Japan marks 50 years LNG imports milestone

1 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomPolar Alaska, transporting the first cargo of LNG to Japan (Image courtesy of Mitsubishi Corporation) Mitsubishi Corporation is set to mark 50 years of LNG imports into Japan on November 4.  The company noted in its statement on Friday, November 1, that Tokyo Electric Power Company (now JERA) and Tokyo

Chinese wind power player gets LNG terminal approval

1 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage source: Pixabay under CCO Creative Commons license. Chinese wind power player China Suntien Green Energy is venturing into liquefied natural gas with plans to set up an LNG import facility in north China by the end of 2022.  The company backed by the Hebei provincial government would join a

MSC Cruises cuts first steel for its first LNG-powered vessel

1 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Source: MSC French shipbuilder Chantiers de l’Atlantique has held a steel-cutting ceremony for MSC Cruises’ LNG-powered cruise ship MSC Europa. The dual-fueled vessel is scheduled for delivery in May 2022 and is the first of five new liners MSC ordered from the French shipbuilder between 2017 and 2018. It is

SHI lays keel for GasLog’s LNG newbuild

1 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of GasLog Monaco-based LNG shipper GasLog has laid the keel for its latest liquefied natural gas newbuild at the Samsung Heavy Industries shipyard.  The vessel, currently known as SN2300 will have the capacity to transport 174,000 cubic meters of the chilled fuel. In a brief statement through its

PitPoint opens Europe’s first shore-to-ship LNG bunker station in Cologne

31 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of PitPoint LNG Dutch company PitPoint said it has opened Europe’s first shore-to-ship Liquefied Natural Gas (LNG) bunker station for inland shipping at the Niehler Hafen in Cologne. The opening of this station represents a step towards facilitating clean maritime transport, PitPoint said in its statement. The new

Total’s profit slips, LNG sales rising

31 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Total French energy giant and LNG player Total saw its adjusted net profit drop in the third quarter as well as the first nine months of the year 2019.  Total reported a $3.02 billion adjusted profit in the third quarter, 24 percent below the figures reported in

Origin’s Q3 APLNG revenue up

31 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Origin Australia’s top power and gas retailer, Origin Energy, reported a jump in Australia Pacific LNG quarterly revenue driven by higher effective Australian dollar oil prices and increased LNG volumes.  APLNG revenue edged 7 percent up in the quarter ended September 30, reaching A$688 million ($474.3 million)

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