zoomImage courtesy of Golar LNG Golar LNG said that Golar Power, a (50/50) joint venture with Stonepeak Infrastructure Partners, has been awarded a 25-year power purchase agreement (PPA) for the construction of a 605MW combined cycle thermal power plant in Brazil. The company has been awarded the PPA at the
NextDecade adds to its board of directors
Image courtesy of NextDecade US LNG export project developer NextDecade Corporation said that, effective November 1, 2019, Frank Chapman has been appointed to its board as a non-executive, independent director of NextDecade. Chapman spent 40 years in the oil and gas industry, beginning his career with BP before moving to
Dominion Energy sells 25 percent stake in Cove Point
zoomImage courtesy of Sumitomo Corporation U.S. LNG operator Dominion Energy has entered into an agreement with Brookfield Super-Core Infrastructure Partners to sell a 25 percent non-controlling equity interest in Cove Point to Brookfield for just over $2 billion. The agreement with the Brookfield Asset Management.controlled infrastructure fund is part of
GATE LNG terminal’s nine-month throughput rises
Image courtesy of GATE LNG Liquefied natural gas (LNG) throughput volumes at the Dutch Gate terminal have gone up in the first nine months of the year as European consumption of gas produced in the Atlantic region jumped. The facility located in the Dutch port of Rotterdam recorded a throughput
Operail to build Baltics’ first LNG freight locomotive
zoomImage courtesy of Operail Operail, an international logistics and transportation company, has entered into a cooperation agreement with the Latvian company DiGas to develop the first cargo-carrying LNG freight locomotive in the region. DiGas is an engineering company based in Riga, Latvia, that is currently advancing its own dual-fuel system.
Awilco’s financing of LNG carrier duo gets credit approval
Image courtesy of Awilco LNG A term sheet for the financing of two Awilco’s liquefied natural gas (LNG) carriers has been credit approved. To remind, the Norwegian LNG transportation provider agreed and signed a term sheet for the two LNG carriers in early August. The sale/leaseback facility, provided by CCB
Japanese September LNG imports up
zoomImage courtesy of Tepco Japanese imports of liquefied natural gas (LNG) have rebounded in September following a dip during the previous month. According to the provisional data released by Japan’s Ministry of Finance, a total of 6.44 million tons of the chilled fuel were imported into Japan during the month
FERC grants permit for Cameron LNG Train 2 commissioning start
Image courtesy of McDermott The United States Federal Energy Regulatory Commission (FERC) granted Sempra Energy to start the commissioning process of the second liquefaction train at the Cameron LNG plant in Hackberry, Louisiana. FERC granted the permit for the variance request related to the commissioning procedures for the Train 2
Nakilat posts nine-month profit jump
Image courtesy of Nakilat Qatar’s Nakilat, the world’s largest liquefied natural gas (LNG) shipping company, a 10.5 percent jump in profit for the first nine months of the year. The company’s net profit for the period ending September 30, reached 728 million Qatari Riyals ($200 million) which compares to 659
Belgium books Yamal, Qatari LNG cargoes
Image courtesy of Fluxys Belgium – P. Henderyckx The Fluxys-operated Zeebrugge liquefied natural gas terminal in Belgium booked a couple of cargoes for end-October, early-November. According to the shipping data, the first of the two cargoes is set to dock at the Zeebrugge LNG terminal on October 26. The cargo