Home » 2020 » October

GTT posts nine-month revenue jump

30 Oct No Comments gregsamuel_e5x9azx4 LNG World News

French liquefied natural gas containment system specialist, GTT, reported a 53.1 per cent jump in its nine-month revenue. Courtesy of GTT GTT’s revenue for the first nine months of 2020 reached €305.6 million ($356.7 million). This compares to €199.7 million in the corresponding period in 2019. Commenting on the results,

Snam enters Israeli small-scale LNG, hydrogen markets

30 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Italian infrastructure operator Snam has signed MoUs with Israeli companies for collaboration in small-scale LNG and hydrogen. Courtesy of Snam The company said in its statement that it has entered the Israeli market through collaboration in the energy transition. In particular, the company will focus on natural gas sustainable mobility,

CMA CGM takes delivery of 2nd LNG-powered 23,000 TEU giant

30 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image by CMA CGMA The CMA CGM Champs Elysees has joined CMA CGM Group’s fleet as the company’s second 23,000 TEU containership powered by liquefied natural gas. The giant vessel is a sister ship to CMA CGM’s flagship, the CMA CGM Jacques Saade, which was delivered to the French major

U.S. weekly LNG exports keep climbing

30 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Liquefied natural gas (LNG) exports from the U.S. facilities increased during the seven days between October 22 and 28. Courtesy of Cheniere According to the data released by the U.S. Energy Information Administration, a total of sixteen LNG tankers departed the export facilities. The vessels had a combined LNG-carrying capacity

DoE issues LNG export extensions for three projects

29 Oct No Comments gregsamuel_e5x9azx4 LNG World News

The U.S. Department of Energy (DOE) extended the terms of three long-term liquefied natural gas (LNG) export authorizations through 2050. Courtesy of Cheniere The authorizations follow seven LNG export term extensions issued last week pursuant to an export term policy statement DOE finalized in July. DOE has received a strong

IRClass classes India’s first FSRU

29 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Indian Register of Shipping (IRClass) has classed India’s first FSRU marking a milestone in India’s energy shift towards natural gas. Courtesy of IRClass Constructed at Hyundai Shipyard in Ulsan, South Korea, the 180,000-cbm FSRU which is flagged in India, is designed for continuous operations without the need for drydocking over

Shell lifts dividend as profit narrows

29 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Oil major and LNG giant Shell saw its third quarter 2020 earnings decrease when compared to the last year’s third quarter amid lower oil price environment but the oil major decided to increase its dividend. Shell on Thursday said that the income attributable to its shareholders was $0.5 billion for

Woodfibre LNG granted construction deadline extension

29 Oct No Comments gregsamuel_e5x9azx4 LNG World News

The developers behind the Woodfibre liquefied natural gas (LNG) export project on Canada’s West Coast has been granted a permit to postpone the start of construction. Courtesy of Woodfibre LNG In its notice, the Environmental Assessment Office noted the deadline for the construction stat is October 26, 2025. The initial

Avenir Advantage delivered to Future Horizon

29 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Avenir LNG said its recently delivered LBV Avenir Advantage has been delivered to its owner, Future Horizon. Courtesy of Avenir LNG Avenir LNG, a joint venture between Stolt-Nielsen, Hoegh LNG and Golar LNG, reminded the vessel has been chartered to Petronas for a three-year period. Avenir Advantage, a dual-purpose LNG

Zvezda tags GTT for Arctic LNG carrier tanks design

29 Oct No Comments gregsamuel_e5x9azx4 LNG World News

French liquefied natural gas containment systems specialist GTT has secured a new order for its tank design. Courtesy of GTT/Roland Mouron The company has been contracted by the Russian shipyard, Zvezda Shipbuilding Complex to design tanks for ten ARC7 ice-breaking LNG carriers. While GTT did not unveil the name of

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