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2019 Rewind: Second quarter highlights

3 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Freeport LNG Bechtel scores $9.5 bln Rio Grande LNG EPC deal US LNG export project developer NextDecade has signed two contracts with Bechtel for the engineering, procurement, and construction (EPC) of NextDecade’s Rio Grande LNG project in Brownsville, Texas, totaling $9.565 billion. Port Arthur LNG given green

2019 Rewind: First quarter highlights

3 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Petronas Australia’s Woodside awards Scarborough contracts Australian LNG operator Woodside has awarded four contracts for front-end engineering design activities for its proposed Scarborough gas project offshore Western Australia. Petronas relocates PFLNG Satu off Sabah Malaysian energy giant Petronas has relocated its floating liquefied natural gas unit, the

Gasum: Gasgrid Finland starts TSO ops

3 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Gasum The Nordic energy company Gasum noted that the Finnish gas market has opened up to the competition and the wholesale of gas and transmission network has been unbundled from each other 1 of January 2020. The new gas transmission network company, Gasgrid Finland is responsible for

2019 Rewind: Year of FIDs

2 Jan No Comments gregsamuel_e5x9azx4 LNG World News

The year 2019 got into its stride quickly in terms of final investment decisions as LNG Croatia, the state-owned company has sanctioned the construction of the floating liquefied natural gas terminal on the Island of Krk in February.  Image courtesy of LNG Croatia The project is backed by €101.4 million

2019 Rewind: Videos of the year

2 Jan No Comments gregsamuel_e5x9azx4 LNG World News

LNG shipping giant Teekay released a video of the 172,000-cbm Eduard Toll moving through the ice on the Northern Sea Route en route to China. The vessel made the first Northern Sea Route transit, carrying a Yamal LNG cargo to Asian-Pacific markets entering the open water in the Chukchi Sea

Delek: Leviathan gas flows start

2 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Delek Delek Group said that partners in the Leviathan project have commenced the supply of natural gas from the field.  The capacity of natural gas flow from the Leviathan reservoir is expected to ramp up gradually and accordingly, in the coming days, natural gas supply from the

Gazprom ups Kruzenshternskoye gas field reserves

2 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Gazprom Russian giant Gazprom said the amount of Kruzenshternskoye’s field’s total gas reserves went up by 22 percent from 1.64 trillion to 2 trillion cubic meters. The increase by 360 billion cubic meters has been the result of geological exploration carried out by Gazprom. The Kruzenshternskoye field

HSHI books LNG carrier order

1 Jan No Comments gregsamuel_e5x9azx4 LNG World News

For illustration purposes only (image courtesy of Hyundai Heavy Industries) Hyundai Samho Heavy Industries, a Hyundai Heavy Industries unit, has booked a new order for a liquefied natural gas carrier.  HSHI noted in its filing to the stock exchange that the order was made by an Asian shipping company. The

COSCO Shipping amends VLCC order with LNG-fueled option

1 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomIllustration only. Image source: Pixabay under CC0 Creative Commons license. COSCO Shipping Energy Transportation said it has signed a supplemental agreement with Dalian Shipbuilding to use LNG-fueled power for its VLCC on order at the shipyard.  The 2020 global sulphur limit imposed by the International Maritime Organization (IMO) will take

KN gets state guarantee for NIB loan

1 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Klaipedos Nafta Lithuanian government inked a state guarantee agreement with the Nordic Investment Bank providing backing to its LNG terminal operator Klaipedos Nafta regarding the €135.16 million ($148.65 million) loan. The state guarantee agreement secures obligations of the company to the NIB according to the loan agreement

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