zoomImage courtesy of Singapore LNG Temasek-owned Pavilion Energy has signed a five-year deal with Singapore LNG Corporation for LNG storage and reload services at the SLNG terminal on Jurong Island. This is the first of such an agreement signed for a term longer than two years, following a competitive bid
Image courtesy of Tepco Spot liquefied natural gas (LNG) prices contracted an imported into Japan during the month of February plunged. Data from the Japanese Ministry of Economy, Trade and Industry (METI) shows the contract-based price in February was at $3.4 per mmBtu. This represents a drop of 42.4 percent
zoomImage courtesy of KN Lithuanian LNG terminal operator, Klaipedos Nafta (KN) has signed a 25-year loan agreement with the Nordic Investment Bank (NIB) to finance the purchase of an FSRU for LNG operations. Currently, the FSRU used for LNG import to Lithuania is leased on a ten-year arrangement, KN said
zoomImage courtesy of MPL Mexico Pacific Limited, a North American LNG export project based on the West Coast of Mexico, has awarded a front end engineering design (FEED) contract to Technip USA. The company noted that the FEED award marks one of the final milestones to moving the project into
Image courtesy of Wärtsilä The Finnish technology group Wärtsilä and electric utility Guyana Power and Light have signed an EPC contract for a 46.5 MW dual-fuel power plant at the Garden of Eden Generating Complex in Guyana. Oil exploration activities in the offshore waters of Guyana have resulted in significant
Image courtesy of NV5 Florida-based NV5 Global, the provider of professional and technical engineering and consulting solutions has secured a $6.2 million contract for an upgrade at a Pennsylvania liquefied natural gas (LNG) peak-shaving facility. The company has been contracted to provide engineering, procurement, and construction (EPC) services for the
zoomIllustration purposes only (Image courtesy of Wilhelmsen A multinational consortium led by the state-owned China Petroleum Pipeline Engineering, a unit of CNPC, has been awarded a contract for the construction of an LNG terminal at Vassiliko Port in Cyprus. The contract has been awarded at the end of February according
zoomImage courtesy of Tellurian U.S. LNG export project developer Tellurian’s president and CEO Meg Gentle said the company has made new additions to its executive leadership team members. Kian Granmayeh, formerly director of investor relations, is now Tellurian’s chief financial officer, responsible for financial strategy and liquidity, replacing Antoine Lafargue