Novatek in first Yamal LNG delivery to UAE
Russia’s largest independent natural gas producer Novatek has achieved another milestone for its Yamal LNG project. Courtesy of Novatek Novatek’s units Novatek Gas & Power Asia, shipped the first cargo of liquefied natural gas (LNG) from Yamal LNG project to the United Arab Emirates. The cargo was delivered under a
Awilco LNG posts second-quarter loss
Norwegian LNG transportation provider Awilco reported a net loss for the second quarter of 2020 as the COVID-19 pandemic impacted global economic activity and energy demand. Courtesy of Awilco LNG Awilco reported a net loss of $5.3 million for the period, which compares to a $2.7 million profit in the
Sovcomflot’s profit rockets
Russia’s largest shipping company Sovcomflot logged a 149 percent rise in first-half net profit on the back of a strong term contracts portfolio. LNG carrier SCF Mitre (Image: Sovcomflot) Sovcomflot reported a net profit of $226.4 million in the January-June period, compared to $91 million a year ago. Revenue increased
Hurricane Laura has minimal impact on Calcasieu Pass LNG
U.S. LNG export project developer Venture Global LNG said its Calcasieu LNG project sustained minimal impacts from Hurricane Laura. Illustration only, Calcasieu Pass LNG site (Courtesy of Venture Global) The company noted that the hurricane made landfall in Louisiana early in the morning of Thursday, August 27, and passed directly
US weekly LNG exports drop to 7 cargoes
Kinder Morgan wins approval to start last Elba LNG unit
US energy company Kinder Morgan has secured approval to launch the final small-scale liquefaction unit at its nearly $2 billion Elba Island LNG plant in Georgia. Elba Island LNG (Image: HDR) The US FERC granted the authorization to the firm on Thursday to place into service the seventh Elba Island
Total, Mozambique ink LNG project security deal
Total said it has signed an agreement with the government of Mozambique regarding the security of Mozambique LNG project activities. The memorandum of understanding signed by Total E&P Mozambique Area 1, operator of the Mozambique LNG project, provides that a Joint Task Force shall ensure the security of Mozambique LNG
Cameron LNG loads 100th cargo
San Diego-based energy company and LNG operator Sempra Energy said the Cameron LNG reached a major milestone. Courtesy of Sempra Energy The facility in Louisiana has recently loaded its 100 cargo of liquefied natural gas (LNG), Sempra said in a brief statement through its social media channels. The company noted
Gazprom bags VEB funds for Ust-Luga LNG project
Russian giant Gazprom has secured funds from its compatriot development bank, VEB, for its large liquefied natural gas export project in the Baltic port of Ust-Luga. Courtesy of Gazprom VEB said in its statement it has signed a loan deal with RusKhimAlliance, a joint venture between Gazprom and RusGazDobycha, for