Image courtesy of Höegh LNG Norway-based floating LNG giant Höegh LNG said it has secured $80 million to refinance an existing bond loan maturing in June 2020. The company said it has received commitment letters for a revolving credit facility with security in the company’s common units in Höegh LNG
Image courtesy of HAM Group Spanish LNG services provider HAM Group has acquired the Basque company FNX Liquid Natural Gas, company focused on the design, manufacturing and installation of small-scale natural gas liquefaction facilities. Its expertise includes LNG facilities and equipment for processing/ treatment of natural gas from wells and
zoomImage courtesy of Eagle LNG Partners Eagle LNG Partners said it has selected Matrix Service, a unit of Matrix Service Company, for the engineering, procurement, fabrication and construction of an LNG export facility, to be built in Jacksonville, Florida. Eagle LNG’s Jacksonville LNG export facility, which will require an investment
zoomIllustration purposes only (Image courtesy of New Fortress Energy) New York City-based New Fortress Energy secured an $800 million loan from funds and accounts managed by units of Apollo Global Management, to fund its LNG infrastructure. Net proceeds of the loan will be used to fund the development and construction
Bintulu LNG (Image courtesy of Petronas) Malaysian energy giant Petronas confirmed that a pipe rupture and a fire incident have occurred at the Sabah-Sarawak Gas Pipeline (SSGP). The incidents occurred at 1:59 AM, approximately 4 km from Long Selulong, Ulu Baram, Miri, on January 13, 2020, the company said in
zoomImage courtesy of Wärtsilä The Finnish technology group Wärtsilä has been contracted to provide LNG propulsion and storage systems for short-sea cargo vessels being built at the WuHu Shipyard in China. The ships have been ordered by Wijnne & Barends Chartering based in the Netherlands, a unit of the Dutch
zoomImage courtesy of UECC United European Car Carriers (UECC), jointly owned by Nippon Yusen Kabushiki Kaisha (NYK) and Wallenius Lines, cut the steel first steel for its first battery hybrid LNG powered PCTC at the Jiangnan Shipyard. The company had previously signed a contract to construct three new pure car
zoomImage courtesy of Gastrade Gastrade, a Greek utility company developing the Alexandroupolis LNG terminal, launched the second phase of the market test for the project. For Bulgaria, Romania, Serbia and other markets in Southeast Europe, the project will transmit natural gas through the Interconnector Greece-Bulgaria which is under construction and
zoomImage courtesy of Øyvind Sætre/Gassco Gassco, the company running the Norwegian gas infrastructure, transported 106.99 billion cubic meters of gas through the pipeline systems from Norway to Europe and the UK in 2019. Despite a small decline from 114.2 billion cubic meters in 2018, the year ranked as one of