Tellurian posts $40.7 million loss

US LNG export project developer Tellurian saw net losses widen in the first quarter of this year to $40.7 million. This compares to a net loss of $34.1 million in the January-March period of 2019. Tellurian said that the widening of the company’s net loss was mainly due to an …
MET Croatia Energy Trade filed a binding offer to LNG Croatia to book capacity at the LNG terminal on the island of Krk. Illustration purposes only (Image courtesy of LNG Croatia) The offer is to book up to 1.3 billion cubic meters overall during a three-year period. MET Croatia is …
The Freeport LNG export project led by billionaire Michael Smith said it has launched commercial operations for the third liquefaction train at its facility in Texas. Image courtesy of Freeport LNG The third trains’ operations started on Friday with the beginning of liquefaction services to France’s Total and Korea’s SK …
Keppel Nantong Shipyard in China has recently launched the second liquefied natural gas vessel for small-scale player Avenir LNG. The 7500 cubic meter LNG carrier with a ship-to-ship bunkering capability was launched on April 11, according to the Italian ship designer Marine Engineering Services. London-based Avenir LNG, a joint venture …
LNG shipping company Flex LNG said its newbuild carrier Flex Artemis, under construction at DSME in South Korea, is ready for sea trials. Image courtesy of Flex LNG The company noted in its brief post through social media channels that the vessel run sea trials during May. Upon delivery, the …
Australian LNG Marine Fuel Institute (LNG MFI) praised Pilbara Port Authority for issuing ship-to-ship LNG bunkering licence to Woodside. LNG MFI chief executive officer Margot Matthews noted PPA and Woodside have executed non-exclusive licences to provide ship-to-ship LNG bunkering services at the ports of Port Hedland and Dampier, the first …
Cash-strapped LNG Limited has appointed voluntary administrators as the Australian company is going through difficult times. The developer of two US LNG export projects and one in Canada said in a statement that it appointed PricewaterhouseCoopers Australia on 30 April. “The voluntary administrators are reviewing the company’s business and assets …
Nasdaq-listed Golar LNG Partners has appointed Karl Fredrik Staubo as its interim chief executive officer. Golar LNG Partners current CEO Graham Robjohns announced in October last year he was to step down on April 30, 2020. Robjohns also stepped down as chief financial officer and deputy CEO of parent company …
Hamburg-based Nauticor said its bunker vessel Kairos completed the bunkering of DEME’s LNG-fueled dredged Scheldt River. Image courtesy of Nauticor The operation was completed at the Brunsbüttel port, with Nauticor cooperating with Brunsbüttel Ports and DEME Group on the operation. Nauticor reminded that the first ship-to-ship LNG bunkering operation took …
The Nordic energy company Gasum closed the acquisition of Linde’s LNG and biogas business in Sweden and Norway. Image courtesy of Gasum It has also purchased Naturicor’s marine bunkering business in Germany. The acquisition closed on April 30, Gasum said in its statement. The company added that the businesses generate …