Two Spanish LNG bunkering projects have received financial backing to the tune of €27 million ($31.7 million) from the European Commission. Courtesy of Costa Cruises The funds have been secured through the Connecting Europe Facility (CEF) mechanism, which promotes more sustainable and efficient transport. Specifically, the European Commission will support
U.S. weekly LNG exports flat
Liquefied natural gas exports from the United States remained flat over the previous week. Courtesy of Cheniere Data from the United States Energy Information Administration (EIA) shows seven cargoes departed U.S. LNG export plants. The tankers departing during the week ending July 29, had a combined LNG-carrying capacity of 25
Origin’s LNG revenue dips despite APLNG record production
Australia’s power and gas retailer Origin Energy reported a slip in revenue as Australia Pacific LNG boasted record production in FY2020. Courtesy of Origin Energy The company noted its APLNG revenue for the financial year 2020 declined 5 per cent to $2.65 billion from $2.79 billion. The record production of
German offshore wind to hydrogen project takes off
Ørsted and its partners have secured funding for the Westküste 100 renewable hydrogen project in Germany. The partners received funding confirmation from the German Federal Ministry of Economic Affairs and Energy as the first large-scale hydrogen project in Germany within the Reallabor (real-world laboratory) framework. The Westküste 100 project aims
Reliance, JERA secure funds for gas-fired power project in Bangladesh
Reliance Bangladesh LNG & Power have secured funds for a gas-fired power generation project in Bangladesh. Courtesy of Samsung C&T Reliance Power and JERA have a 51 per cent and 49 per cent stake in the project company, respectively. The project company has signed a loan agreement for full financing
Hill International picked as Cyprus LNG owner’s engineer
Hill International has been selected as the owner’s engineer for the Cyprus LNG import terminal project. Courtesy of Ministry of Energy, Commerce and Industry of Cyprus The company has been selected by the Natural Gas Infrastructure Company of Cyprus (ETYFA) to lead an international consortium. With a budget of over