zoomImage courtesy of Tellurian India’s Petronet LNG, the country’s largest liquefied natural gas importer, is set to sign a $2.5 billion deal with the U.S. LNG project developer Tellurian. Citing sources close to the matter, the deal is set to be signed during president Trump’s visit to India later this
Write-offs push Chevron into fourth-quarter 2019 loss
zoomImage courtesy of Chevron Chevron, the US-based energy company and the operator of the giant Gorgon and Wheatstone LNG projects in Australia, reported a slip in its quarterly profit impacted by $10.4 billion in write-offs. The company reported a $6.6 billion net loss for the fourth quarter of the year,
Papua LNG to advance despite PNG halting talks
zoomImage courtesy of Total Papua LNG project is expected to advance with certain modifications following the halt in negotiations between the JV partners and the PNG government over P’nyang gas field agreement. Negotiations on the development of the P’nyang gas field in Papua New Guinea have broken down following “ExxonMobil’s
BC Ferries orders new LNG-fueled vessel at Remontowa
zoomSalish Orca-Illustration purposes only (Image courtesy of BC Ferries) British Columbia Ferry Services (BC Ferries) has awarded the Polish Remontowa Shipbuilding yard in Gdansk, a contract to build an additional liquefied natural gas (LNG)-fuelled vessel. The newbuild is scheduled to go into service in the Southern Gulf Islands in 2022,
KN wins Brazilian LNG terminal operation deal
zoomIllustration purposes only (Image courtesy of Klaipedos Nafta) Klaipedos Nafta, Lithuanian oil and LNG terminal operator, has been named the operator of the LNG terminal in the Brazilian Port of Açu. Through its unit KN Açu Serviços de Terminal de GNL, the company signed the deal with Gas Natural Açu
Qatargas delivers Mundra LNG terminal commissioning cargo
zoomImage courtesy of Qatargas The world’s largest liquefied natural gas producer Qatargas has delivered the commissioning cargo to the Mundra LNG terminal, located on the west coast of India. The cargo was loaded in Ras Laffan on 17 January 2020 on the Q-Flex LNG vessel, Murwab, with an overall cargo
Top news of the week Jan. 27-Feb. 1
Image courtesy of Bahrain LNG Cameron LNG requests more time for project expansion Cameron LNG project has filed a request with the Federal Energy Regulatory Commission seeking a 72-month extension to place additional facilities in service. Study doubts LNG fuel’s life-cycle GHG emissions benefit Despite LNG containing less carbon per
Gasum inks deal to fuel Equinor’s LNG-fueled shuttle tankers
Image courtesy of Gasum The Nordic energy company Gasum has signed an agreement with Equinor for the delivery of liquefied natural gas to the latter’s crude shuttle tankers. The supply will commence when the shuttle tankers start operating during 2020, Gasum said in its statement. The LNG bunkering deliveries will
Origin’s quarterly revenue up
Image courtesy of Origin Australia’s top power and gas retailer, Origin Energy, reported mixed results for the Australia Pacific LNG quarterly revenue. APLNG revenue reached $716.5 million for the quarter ending December 31, 2019, which was 4 percent up on the previous quarter driven by a higher proportion of LNG
Cheniere drops lawsuit against Tellurian
Driftwood LNG rendering (Image courtesy of Tellurian) US LNG export project developer, Tellurian, said that all claims made by Cheniere against Tellurian chairman Charif Souki and vice-chairman Martin Houston have been dismissed. The lawsuit was filed against former Cheniere’s CEO Charif Souki in February last year, with Cheniere claiming Souki