Image courtesy of EXIM The Export-Import Bank of the United States (EXIM) has authorized a direct loan of up to $5 billion to support the export of U.S. goods and services for the development and construction of an integrated LNG project located in Mozambique. EXIM’s financing will support U.S. exports
The Australia Pacific LNG facility on Curtis Island (Image courtesy of ConocoPhillips) Australia Pacific LNG will supply an additional 61 petajoules (PJ) of natural gas to the Australian domestic market after reaching a new gas sales agreement with Origin Energy for 2020 and 2021. Australia Pacific LNG CEO Warwick King
Image courtesy of Excelerate Energy Excelerate Energy and Maran Gas Maritime have signed a five-year bareboat charter agreement (BBC) for the floating storage regasification unit (FSRU) hull 2477. During the five-year BBC Excelerate will have the option to purchase Hull 2477, the company said in its statement. Maran Gas Maritime
zoomImage courtesy of Dynagas LNG Partners Dynagas LNG Partners, a limited partnership formed by the Greek shipowner Dynagas, reported mixed results for the second quarter and first half of the year 2019. The partnership reported a net profit of $932,000 for the second quarter, up from $351,000 in the corresponding
Image courtesy of LNG Limited The U.S. Federal Energy Regulatory Commission (FERC) issued the draft supplemental environmental impact statement (DEIS) for the production capacity amendment to LNGL’s Magnolia LNG project on September 27, 2019. LNGL said on Monday that Magnolia LNG’s production capacity amendment, filed with FERC on November 19,
zoomImage courtesy of Anadarko French oil and gas major Total has closed the acquisition of Anadarko’s 26.5 percent operated interest in the Mozambique LNG project for a purchase price of $3.9 billion. This closing comes after Total reached a binding agreement with Occidental on May 3, 2019, to acquire Anadarko’s
Illustration purposes only (Image courtesy of Excelerate Energy) Excelerate gets notice to proceed with Philippine LNG project Texas-based Excelerate Energy received the Notice to Proceed (NTP) from the Philippine Department of Energy (DOE) to develop a floating liquefied natural gas (LNG) import terminal in the Bay of Batangas. MISC, Mitsubishi
Image courtesy of Mitsubishi Shipbuilding Mitsui O.S.K. Lines (MOL) has taken delivery of the LNG carrier Marvel Heron, the second of three newbuilds chartered by Mitsui & Co. Before the delivery, Mitsubishi Shipbuilding held a naming ceremony at the Nagasaki Shipyard Koyagi Plant of Mitsubishi Heavy Industries, at the end
Image courtesy of HHI South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has joined forces with its compatriot steelmaker POSCO on localizing materials for the liquefied natural gas fuel tanks. The shipbuilder said in its statement that it applied POSCO’s 9 percent nickel steel for fuel tanks used on an
Illustration purposes only (Image courtesy of GTT) French LNG containment system specialist GTT has signed a contract with SAREN B.V. for detailed design and construction of three gravity-based structures (GBS) set for Novatek’s Arctic LNG 2 project. SAREN, a Russian joint venture of Renaissance Heavy Industries Russia and Saipem, awarded