With 6.9 million tonnes shipped in November, it was the strongest month for Australian LNG exports since April this year, according to EnergyQuest. EnergyQuest said in its latest report that the number was achieved despite supply disruptions from Gorgon, Australia’s second-largest project, and delays to the start-up of the Prelude
DNV GL has awarded an Approval in Principle (AIP) to Daehan Shipbuilding (DHSC) for a new design of small-size LPG carriers in the range of 5,000-7,000 dwt. Prior to the AIP, DHSC and DNV GL had teamed up in a joint development project (JDP) on small-size LPG carriers using LPG as dual fuel. While DHSC
BW Group Limited has bought a 39.1% equity interest in Navigator Holdings, owner and operator of the world’s largest fleet of handysize liquefied gas carriers, from WL Ross. Navigator Holdings has a fleet of 38 semi- or fully-refrigerated liquefied gas carriers, 14 of which are ethylene and ethane capable. The company
Clean Energy Fuels Corp. has won new deals for more than 58 million gallons of Redeem renewable natural gas (RNG) to accommodate continued demand in heavy-duty trucking, solid waste, and public transit sectors. Clean Energy’s Redeem was the first commercially available RNG vehicle fuel, derived from capturing the biogenic methane
Swiss LNG equipment company Burckhardt Compression has been able to negotiate an extension of its shareholder agreement for another five years. Burckhardt said on Tuesday that the management buyout (MBO) shareholders decided ahead of schedule to again enter into a new five-year shareholders’ agreement with a term until May 2026.
Over three quarters or 77 per cent of new LNG supply are at risk under a 2-degree scenario, according to the latest report by global consultancy group WoodMac. Under the scenario, gas demand comes under pressure from increased investments in renewables and energy storage in the power sector, as well
U.S. liquefied natural gas export project developer Venture Global LNG has revealed that the construction of its Calcasieu Pass LNG export terminal was ahead of schedule. Chief executive officer (CEO) of Venture Global Mike Sabel told Bloomberg that six of 18 production units at the Calcasieu Pass plant in Louisiana
Russian independent LNG export player Novatek has successfully tested the first large-scale cryogenic pump manufactured in Russia at the Yamal LNG project. Novatek said on Monday that the cryogenic pump was designed and manufactured by Afrikantov OKB Mechanical Engineering, a part of JSC Atomenergomash. The cryogenic pump tests were conducted