zoomImage courtesy of Nauticor Hamburg-based Nauticor, a unit of Linde, said it has expanded the list of ports in which it is conducting liquefied natural gas bunkering. According to a brief statement through its social media, Nauticor said it has provided LNG as fuel at the Swedish port of Gothenburg.
DEME’s LNG-fueled offshore installation vessel heads for Europe
Image courtesy of DEME Belgian dredging specialist DEME said its LNG-fueled offshore installation vessel Orion departed the COSCO Qidong shipyard in China and is heading to Europe. The company said in a brief statement through its social media channels that the vessel is heading to Europe for the final construction
GAIL selling two, seeking one LNG cargo
Image courtesy of GAIL State-run gas company GAIL India has reportedly offered a couple of U.S. liquefied natural gas cargoes for sale. Citing sources, Reuters reports the pair of cargoes will be loaded at Dominion’s Cove Point LNG facility on November 10-12 and December 16-18. Both cargoes are set for
Drewry: US sanctions bump LNG shipping rates
Illustration purposes only (Image courtesy of DSME) Tight vessel supply and seasonal firmness in demand have pushed LNG shipping rates to $130,000/day from $80,000/day at the end of September. Furthermore, the upward momentum in rates is expected to be maintained in the fourth quarter of 2019 due to a reduction
Inpex pens Abadi LNG PSC deal extension
Image courtesy of Inpex Japan’s Inpex Corporation with its joint venture partner Shell, signed an amendment and extension to the Masela block production sharing contract (PSC). Inpex said the amendment, signed through its Inpex Masela unit, includes a 7-year additional time allocation and a 20-year extension for the Abadi LNG
Elba Island LNG nearing first cargo export
Image courtesy of Kinder Morgan Kinder Morgan-led Elba Island liquefaction project near Savannah, Georgia could soon export its first cargo shipping data indicates. Shell-chartered liquefied natural gas carrier Gemmata is docked at the facility, AIS data provided by VesselsValue shows. The vessel arrives some two weeks following the United States
Gazprom preparing first Power of Siberia pipeline gas to China
Central booster compressor station at Chayandinskoye field; Source: Gazprom Russian giant Gazprom is making preparations for the first pipeline supplies of Russian gas to China via the Power of Siberia gas pipeline. Gazprom said that the efforts for filling up the pipeline with gas from the Chayandinskoye field in Yakutia were on schedule, with start-up and commissioning operations undergoing
Naturgy snaps up Mubadala’s stake in Medgaz
zoomImage courtesy of Medgaz The Spanish utility company, Naturgy and Algeria’s Sonatrach have entered into an agreement with Mubadala for the acquisition of the 42.09 percent stake that it holds in Medgaz. Following the completion of the transaction, Medgaz will be entirely owned by Sonatrach with a 51.0 percent stake
XPO Logistics expands LNG-fueled truck fleet
Image courtesy of XPO Logistics XPO Logistics, a provider of transportation and logistics solutions, has expanded its LNG-fueled fleet with the purchase of 100 Stralis Natural Power Euro VI tractors from IVECO. The new tractors will be dedicated to the company’s less-than-truckload network in France, serving customers in the Greater
APPEA: Natural gas industry contributes $55bln to Queensland economy
Image courtesy of APPEA The natural gas industry contributed around $55 billion to Queensland’s economy over seven years, according to a new report released today by Lawrence Consulting. The report, published on the website of the Australian Petroleum Production & Exploration Association (APPEA), claims that almost $5 billion was spent on wages