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VesselsValue: LNG carrier orders slip in H1 2019

4 Jul No Comments gregsamuel_e5x9azx4 LNG World News

The number of liquefied natural gas (LNG) carrier orders slipped by 39 percent during the first half of 2019, compared to the same period last year, data from VesselsValue shows.  Out of the total orders, Maran Gas Maritime has placed a total of five orders, all five for 174,000-cbm carriers

Portugal’s Sines LNG terminal to receive Sabine Pass cargo

4 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Höegh Giant; Image courtesy of Höegh REN-operated Sines LNG import terminal in Portugal is set to receive a new cargo of the gas from Cheniere’s Sabine Pass LNG export terminal in Louisiana. According to the shipping data by the Port of Sines, Höegh Giant with the capacity to transport 170,032

Yamal cargo heading to Dragon LNG terminal

4 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of Dragon LNG) The UK’s Dragon LNG terminal is scheduled to receive a Yamal LNG cargo of liquefied natural gas at the end of the week. According to the Milford Haven Port Authority shipping data, 172.410-cbm Boris Vilkitsky Arc7 ice-class tanker built by the South Korean

Woodfibre LNG gets plant permit, expect construction this summer

4 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Woodfibre LNG Woodfibre LNG, a unit of Pacific Oil & Gas (PO&G), has been granted the facility permit from the BC Oil and Gas Commission, allowing for the start of construction.  Following the permit, the company’s president David Keane said this is one of the key permits

Energean acquires Edison E&P for $750 mln

4 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomIllustration purposes only (Image courtesy of Energean) Mediterranean-focused oil and gas producer Energean Oil and Gas has entered into a conditional sale and purchase agreement to acquire Edison Exploration & Production, an Edison unit for $750 million.  Energean said in its statement that an additional $100 million will be paid

WoodMac predicts Arctic LNG 2 FID this or next month

3 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomIllustration purposes only (Image courtesy of Novatek) Arctic LNG-2 is a step closer to final investment decision (FID) with the entry of Japanese companies Mitsui and government-linked Japan Oil, Gas and Metals National Corporation (JOGMEC) into the project. Novatek’s proposed liquefied natural gas plant in the Russian Arctic consists of

JXTG, Petrolimex join forces on Vitenamese LNG business study

3 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of JXTG JXTG Nippon Oil and Energy Corporation (JXTG) inked a memorandum of understanding (MOU) with Vietnam National Petroleum Group (Petrolimex) to look into the development of LNG business in Vietnam. The parties have agreed to carry out a feasibility study on the cooperative project for establishing LNG

MAN commissions Gibraltar’s LNG-fired power plant

3 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of MAN Energy Solutions MAN Energy Solutions commissioned three 14V51/60 gas and another three dual-fuel engines in the newly constructed power plant in Gibraltar. Each of the engines can generate an output of approximately 14 megawatts (MW), the company said in its statement on Wednesday. The power plant

Wärtsilä forms new biofuel production unit

3 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Wärtsilä Finnish technology group Wärtsilä has formed a unit to speed up adoption of clean fuels named Wärtsilä Biogas Solutions. Wärtsilä said that biogas upgrading technology specialist Wärtsilä Puregas Solutions merged with Wärtsilä’s biogas liquefaction team and the new company would be able to offer customers a

Ancala buys Petronas stake in Dragon LNG terminal

3 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Dragon LNG Ancala Partners, the London-based independent infrastructure investment manager, has acquired 50 percent interest in Dragon LNG regasification terminal located at Milford Haven, Wales. Ancala acquired the interest on behalf of its managed funds from Petronas LNG, a unit of the Malaysian energy giant Petronas, keeping

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