Image courtesy of Polskie LNG Polish Oil and Gas Company (PGNiG) has purchased a cargo of liquefied natural gas (LNG) from the U.S. and, following regasification, sold it to Energy Resources of Ukraine (ERU). PGNiG said on Thursday that the contracted LNG tanker would arrive at the President Lech Kaczyński
zoomIllustration purposes only (Image courtesy of Höegh LNG) A multinational consortium has been selected as the preferred bidder for the construction of an LNG terminal at Vassiliko Port in Cyprus. The consortium is led by the China Petroleum Pipeline Engineering Corporation (CPPEC) with other members being Wilhelmsen Ship Management, Aktor,
Rio Grande project artist rendering (Image courtesy of NextDecade) North America will drive the global LNG industry with 73 percent of newbuild capacity growth by 2023, according to data analytics and consulting company GlobalData. GlobalData said on Wednesday that North America was expected to drive capacity growth in the global
Image courtesy of Awilco LNG Norwegian based LNG transportation provider Awilco reported a net loss of $8.6 million for the second quarter of 2019. According to the quarterly financial report, the loss for the quarter deepened as the company reported a $6.5 million loss for the same quarter last year.
Illustration purposes only (Image courtesy of Pakistan LNG) State-owned Pakistan LNG has named a new chief executive officer following the resignation of former CEO Adnan Gilani. Pakistan LNG said via social media that it named Shahid Yousaf as managing director and chief executive of the company. The state-owned LNG operator
Image courtesy of Høglund Marine solutions and system integration expert Høglund has been awarded a contract by Bergen Tankers to deliver a cargo handling system for an LNG bunker vessel. Høglund said that the cargo handling system would be delivered to Norway’s first-ever bunkering vessel named Bergen LNG. As part
Illustration purposes only (Image courtesy of CNOOC) Japan’s electric power supplier Hokuriku Electric has reportedly bought a liquefied natural gas (LNG) cargo for delivery in November. Citing industry sources, Reuters said that searing hot temperatures drew down inventory in the country and that lower spot prices lured buying of cargoes.
CTO of Hudong-Zhonghua Danping Lou (left), with CEO of Silverstream Noah Silberschmidt (right) Air lubrication manufacturer Silverstream Technologies has signed a Memorandum of Understanding (MoU) with shipbuilder Hudong-Zhonghua for work on future LNG carrier newbuilds. Silverstream said on Tuesday that the MoU would see the company‘s air lubrication technology integrated
Image courtesy of Cheniere Houston-based LNG exporter Cheniere Energy has received a positive environmental assessment from the FERC for a marine berth expansion project at its Sabine Pass LNG export terminal in Louisiana. The project should allow Cheniere to add 180 LNG cargoes annually, increasing the total to 580 LNG
Image courtesy of Petronet LNG India is reportedly looking to review prices of its long-term LNG contracts at an “appropriate time” due to a fall in spot prices. According to Reuters, oil minister Dharmendra Pradhan said that long-term contracts were supposed to be honored. The minister stated that India would