Mozambique LNG artist rendering; Image courtesy of Anadarko The U.S. Export-Import (EXIM) Bank is reportedly seeking a vote on a $5 billion loan to the Mozambique LNG project. EXIM Bank is the official export credit agency of the United States federal government. According to Reuters, the bank said that its
Image courtesy of Fincantieri Bay Shipbuilding NorthStar Midstream, a portfolio company of funds managed by Oaktree Capital Management, L.P., has formed Polaris New Energy (PNE), a marine transportation company focused on the transportation and distribution of liquefied natural gas (LNG). NorthStar executed an agreement with Fincantieri Bay Shipbuilding to build
Image courtesy of Cheniere Liquefied natural gas exports from the U.S. increased over the last week, according to data from the Energy Information Administration (EIA). EIA stated in its weekly report that nine LNG vessels, four from Sabine Pass, two each from Corpus Christi and Cove Point, and one from
RApide 2800-G LNG pushboat; Image courtesy of Robert Allan Consulting naval architectural firm Robert Allan and engine manufacturer MTU Friedrichshafen have developed the first LNG-fueled shallow-draft pushboat design. Robert Allan said that the vessel was based on the shallow-draft RApide 2800-Z2 pushboat that currently operates on the Amazon river system.
Illustration purposes only (Image courtesy of DSME) South Korea’s shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) has booked a new liquefied natural gas carrier (LNG) order from Greek shipping company Maran Gas Maritime, a unit of Angelicoussis Shipping Group. DSME said on Thursday that it won an order for
Image courtesy of Tepco Japanese imports of liquefied natural gas (LNG) have slightly risen again in July after a two-month drop. According to the provisional data released by Japan’s Ministry of Finance, a total of 6.82 million tons of the chilled fuel were imported into Japan during the month under
Kochi LNG storage tanks (Image courtesy of Petronet LNG) Imports of liquefied natural gas (LNG) into India rose in July when compared to the corresponding period last year. Data from the oil ministry’s Petroleum Planning and Analysis Cell (PPAC) shows that 2.738 billion cubic meters have been imported during the
Image courtesy of Chevron The Canadian Environmental Assessment Agency (CEAA) has begun an environmental assessment of the Kitimat LNG project in British Columbia. The Department of the Environment said that the CEAA started the environmental assessment on Tuesday, August 20. In a separate announcement from Wednesday, the Minister of Environment
Image courtesy of Chart U.S. LNG equipment maker Chart Industries has received full notice to proceed with the production of cold boxes and brazed aluminum heat exchangers for Venture Global’s Calcasieu Pass LNG export terminal project. This week Venture Global announced final investment decision (FID) and the closing of the
Image courtesy of Höegh LNG Norway’s floating storage and regasification unit (FSRU) giant Höegh LNG has slipped to a loss for the second quarter of 2019 due to seasonal variations and dry-docking costs. Höegh LNG said on Thursday that the loss for the quarter reached $3.6 million, below the red