Image courtesy of Awilco LNG Norwegian based LNG transportation provider Awilco said it has closed and completed the 10-year sale/leaseback facility with CCB Financial Leasing for its LNG carriers WilForce and WilPride. Both vessels have been sold for a gross consideration of $175.0 million per vessel including non-amortizing and non-interest
Indian trio seeking February LNG cargoes
Dahej LNG terminal (Image courtesy of Petronet LNG) A trio of Indian companies is reportedly looking to procure liquefied natural gas cargoes for delivery in February. Citing industry sources, Reuters reports that Bharat Petroleum floated a tender closing on January 7, to secure a single cargo for delivery on February
Four cargoes heading for UK LNG terminals
Höegh Giant; Image courtesy of Höegh Four liquefied natural gas cargoes are set to be delivered over the coming week to the import terminals in the United Kingdom. According to the shipping data released by the Milford Haven Port Authority, the first of the four cargoes is being transported onboard
Baleària sets up MTTS LNG bunkering facility in port of Valencia
Image courtesy of Baleària Spanish shipping company Baleària has launched its liquefied natural gas (LNG) bunkering facility at the port of Valencia using the Multi Truck to Ship (MTTS) system. The system enables several tank trucks to simultaneously supply the chilled fuel to vessels, Baleària said in its statement. Following
WA’s EPA proposes Woodside’s Scarborough project approval
zoomImage courtesy of Woodside Western Australia’s Environmental Protection Authority (EPA) has recommended approval for the state component of a liquid natural gas (LNG) pipeline, part of the Scarborough gas field project. EPA chair Tom Hatton said the proposal would see the installation of a gas trunkline 32.7 km long, located
Venture Global delays Delta LNG application filing date
Image courtesy of Venture Global LNG US LNG export project developer Venture Global LNG has pushed back the date it plans to file the FERC and other permit applications for its Delta LNG project. The facility to be located in Plaquemines Parish, Louisiana, will have a total production capacity of
EnergyQuest: Australia claims world’s LNG exporter top spot
zoomImage courtesy of Woodside Australia has officially taken the crown of the world’s largest exporter of liquefied natural gas on an annualized basis, according to report by the energy consultancy EnergyQuest. In sending overseas an estimated record 77.514 million tonnes (Mt) of locally produced LNG in calendar 2019, Australia edged
Gate LNG terminal reports record year 2019
zoomImage courtesy of Gate The Gate liquefied natural gas (LNG) terminal in the Dutch port of Rotterdam has closed the year 2019 with a record number of ship operations. Gate terminal, owned jointly by Gasunie and Vopak, said it has completed 171 ship operations during the past year, which compares
Sempra, Saudi Aramco ink Port Arthur LNG IPPA
zoomPort Arthur LNG (Image courtesy of Sempra Energy) Sempra Energy and Saudi Aramco through its respective units, Sempra LNG and Aramco Services Company, have signed an Interim Project Participation Agreement (IPPA) for the Port Arthur LNG export project under development in Jefferson County, Texas. The IPPA represents another milestone for
Clarksons wraps up first CME Group LNG freight futures trade
Illustration only. Image source: Pixabay under CCO Creative Commons license. Shipping services group Clarksons completed the first LNG freight futures trades on CME between commodity traders Vitol and Trafigura at the end of December 2019. The trade was a first-quarter 2020 spread between BLNG1 Gladstone to Tokyo RV and BLNG2