zoomImage courtesy of U.S. Coast Guard The Maritime Administration (MARAD) and the U.S. Coast Guard (USCG) have received an application from West Delta LNG for the licensing of a deepwater port. The application proposes the ownership, construction, operation and eventual decommissioning of a deepwater port terminal in the Gulf of
Image courtesy of Avenir LNG Avenir LNG in collaboration with MISC Berhad has agreed a time charter deal with Petronas, for the provision of its first 7,500-cbm liquefied natural gas carrier. The vessel, under contact with Petronas’ unit, Petronas LNG, will provide bunkering to LNG fuelled vessels across Malaysia in
zoomIllustration purposes only (Image courtesy of Novatek) Russia’s largest independent natural gas producer and LNG project operator Novatek signed a memorandum of understanding with HMS Group on strategic partnership and localizing the fabrication of critical equipment for LNG production. The memorandum notes the results already achieved on developing medium-tonnage compressor
Peter Botten (Image courtesy of Oil Search) The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search named its new managing director following Peter Botten’s decision to retire from the company on August 25. The company said that Botten will be succeeded as managing director by
Vladimir Voronin; Image courtesy of Teekay After the U.S. put sanctions on two units of Chinese shipper COSCO for allegedly carrying Iranian crude oil, Russia’s Novatek stated that these sanctions would not hinder Yamal LNG supplies. Namely, Teekay LNG’s shipping joint venture in Russia was blocked due to its ties
zoomImage courtesy of Sempra Energy San Diego-based energy company and LNG operator Sempra Energy has agreed a $3.59 billion sale of its Peruvian business and signed an LNG supply memorandum of understanding with a Chinese partner. Sempra Energy has entered into an agreement to sell its equity interests in its
zoomIllustration purposes only (Image courtesy of Höegh LNG) Traders Glencore and Socar Trading have executed the first Spark LNG freight swap against Spark Commodities’ Spark25 Pacific based assessment. The agreement was executed in a bilateral trade arranged by Affinity Financial Products. In response to a strong market demand for tools
Image courtesy of Sabine Pass LNG UK’s Centrica said it has loaded its first liquified natural gas cargo from the fifth LNG train at the Sabine Pass liquefaction plant in Louisiana under the agreement signed in 2013 with Cheniere Energy Partners. The gas was loaded onto the GasLog chartered Skagen
Image courtesy of MOL Asia’s largest LNG bunkering vessel has reached its first milestone with the strike steel ceremony held at the Sembcorp Marine’s shipyard. A company official at Pavilion Energy, the Temasek-owned company, that has placed the order for the vessel, said the first milestone has been reached after