Home » 2020 » August»Page 7

Altera names LNG-powered shuttle tanker trio

18 Aug No Comments gregsamuel_e5x9azx4 LNG World News

South Korea’s Samsung Heavy Industries held a naming ceremony for three LNG-powered shuttle tankers being built for Altera Infrastructure, previously known as Teekay Offshore. Image: Altera The vessels in question are the 130,000 dwt Current Spirit, and the 103,000 dwt Altera Wave and Altera Wind. Due to Covid-19, the duo

LOI signed for eco-friendly container terminal in Plaquemines Parish

17 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Plaquemines Port Harbor and Terminal District (PPHTD) recently signed a letter of intent (LOI) with “several potential partners” to develop a multimodal container terminal in Plaquemines Parish, Louisiana. As informed, the signing of the LOI kicks off a 6-month “Due Diligence” period during which the parties will conduct multiple studies prior

Australia’s Viva to start FEED work for Geelong FSRU project

17 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Australia’s Viva Energy aims to start front-end engineering and design work on a planned LNG import terminal at its Geelong refinery by the end of this year. Geelong refinery (Image: Viva Energy) The downstream player announced earlier this year it plans to build the LNG import facility that includes installing

Woodside’s Karratha LNG plant to get gas from onshore field

17 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Australia’s oldest LNG plant at Karratha, part of the Woodside-led North West Shelf project, is to get natural gas from an onshore field in the Perth Basin under a new deal revealed on Monday. Karratha gas plant, NWS project (Image: Woodside) The Karratha plant has been liquefying gas from fields

Keel laid for MOL’s 2nd large LNG bunkering vessel

17 Aug No Comments gregsamuel_e5x9azx4 LNG World News

China’s Hudong-Zhonghua Shipbuilding has held a keel laying ceremony for the second LNG bunkering vessel owned by Japan’s MOL and chartered by France-based Total. Image: Hudong-Zhonghua The unit of China State Shipbuilding Corporation says it held the ceremony on August 12. Hudong started work on the LNG bunkering ship late

Golar says Croatian FSRU to leave China late September

15 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Croatia’s first FSRU will depart the Hudong-Zhonghua yard in China to its base on the island of Krk in the northern Adriatic Sea late September, according to the vessel owner Golar LNG. Krk LNG jetty (Image: LNG Croatia) Golar, led by Norwegian businessman Tor Olav Troim, won a deal last

MISC posts lower profit, but LNG revenue keeps growing

14 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Malaysia’s MISC reported a drop in net profit in the second quarter due to the effects related to the Covid-19 pandemic, but the company’s LNG business keeps rising. LNG carrier Seri Camar (Image: MISC) MISC’s 299.5 million ringgit ($71.3 million)net profit declined 25 percent year-on-year. The shipping giant attributed the

Nakilat takes full control of Q-Flex LNG vessel

14 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Qatari LNG shipping giant Nakilat is continuing with the second phase of it fleet management transition progamme with a unit of Shell. Image: Nakilat As part of the transition, Nakilat has assumed full ship management and operations of Q-Flex Al Sadd starting August 13. The Doha-based shipping firm owns the

US weekly LNG exports still low

14 Aug No Comments gregsamuel_e5x9azx4 LNG World News

US LNG exports increased in the week ending August 12 but they still remain at low levels as the Covid-19 pandemic continues to weigh on global prices and demand. Sabine Pass LNG (Image: Cheniere) The Energy Information Agency agency said in its weekly gas natural gas report that five US

Teekay LNG in “another record quarter”

13 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Bermuda-based shipping company Teekay LNG said its net income surged in the May-June period with its chief executive announcing the results as “another record quarter” for the firm. Image: Teekay Net income for the second quarter reached $44.9 million, compared to $16.4 million in the corresponding quarter last year. “While

© 2018 Lloyds Energy