Image courtesy of Glavgosexpertiza Russian regulatory body, Glavgosexpertiza, has completed the review of the design and estimate documentation of the Kamchatka LNG transshipment facility proposed by Novatek. The deal to develop the facility on the south-eastern coast of the Kamchatka Peninsula was signed by Russia’s largest independent natural gas producer and
Image courtesy of Qatargas The world’s largest liquefied natural gas producer Qatargas has signed a new, long-term LNG sale and purchase agreement (SPA) with Shell to deliver 1 million tons per annum of LNG to Kuwait, commencing this year. Commenting on the signing of the SPA, Saad Sherida Al-Kaabi, the
Image courtesy of GasLog Shell halts Prelude FLNG production The Hague-based LNG giant Shell has reportedly halted production at its Prelude floating liquefied natural gas facility located 475 km North-East of Broome in Western Australia. Petronet LNG, Tellurian to finalize $2.5 bln deal soon India’s Petronet LNG, the country’s largest
Image courtesy of Polskie LNG Polish sole liquefied natural gas (LNG) import facility, the President Lech Kaczyński terminal in Świnoujście, has received a new cargo on Friday. Polish LNG terminal operator, Polskie LNG, said via social media that the delivery came to the facility onboard the LNG carrier Duhail capable
Image courtesy of ABS Classification society ABS has granted approval in principle (AIP) to Kawasaki Heavy Industries (KHI) for its LPG as fuel system design. A dual-fuel engine capable of using both marine diesel oil and LPG as fuel, KHI claims the system simultaneously reduces fuel consumption and enables the
Image courtesy of GasLog Monaco-based LNG shipper GasLog reported a loss for the year 2019, impacted by an impairment loss on steam vessels. The company reported a loss of $100.7 million in 2019, which compares to a $47.7 million profit a year before, mainly attributable to an impairment loss on
Illustration purposes only (Image courtesy of CNOOC) China National Offshore Oil Corporation (CNOOC) has reportedly declared a force majeure on LNG contracts due to disruptions caused by the coronavirus outbreak. Sources close to the matter told Platts that the deliveries have been impacted by the outbreak with the company not
Image courtesy of Total French LNG terminal operator Elengy said it has acquired Total’s shares in Fosmax LNG, the company that owns the liquefied natural gas (LNG) terminal at Fos Cavaou. Following the acquisition, Elengy now owns 100 percent of its three LNG terminals, Fos Cavaou, Fos Tonkin and Montoir-de-Bretagne.
zoomImage courtesy of GTT French liquefied natural gas containment system specialist, GTT, has been contracted by CMA CGM to provide services and assistance for the commissioning, operation, and maintenance of its future 23,000 TFE LNG-powered container ships. With an 18,600-cbm LNG tank, these ships are the largest container ships in
zoomImage courtesy of Total French energy giant and LNG player Total reported an adjusted net income of $3.17 billion in the fourth quarter of 2019. The company noted that the net income remained stable despite a lower price environment. For the year 2019, Total reported an adjusted net income of