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U.S. weekly LNG exports hit 2016 lows

17 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Liquefied natural gas (LNG) exports from the United States have reached the lowest level since December 2016. Courtesy of Cheniere The US Energy Information Administration (EIA) noted in its weekly report that a total four cargoes departed U.S. LNG export plants. The vessels departing during the week ending July 15,

Pilot LNG developing Texas bunkering terminal

16 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Houston-based Pilot LNG is moving forward with a proposed floating liquefied natural gas bunkering facility on Pelican Island in Texas. Image: Pilot LNG The company said on Thursday it filled regulatory applications with relevant government agencies for the project named Galveston LNG Bunker Port. This includes the US Army Corps

Wärtsilä nets tech order for Arctic LNG 2 tankers

16 Jul No Comments gregsamuel_e5x9azx4 LNG World News

The Finnish technology group Wärtsilä was contracted to deliver a complete bridge systems installation for five icebreaking LNG-fueled tankers to be constructed for the Arctic LNG-2 project. Courtesy of Wärtsilä The navigational systems are delivered by Wärtsilä Voyage, the new business responsible for digital solutions and decision support tools to

BESIX wins Mozambique LNG marine facilities work

16 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Brussels-based contractor BESIX has been selected to build the marine facilities of the Mozambique LNG project in partnership with Mota-Engil. Courtesy of BESIX Works include the construction of the material offloading facility (MOF) and the LNG load-out jetty and wharf. BESIX noted that the LNG load-out jetty and wharf comprises

Teamwork adapts Symphony to North Sea waves

16 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Dutch tech developer Teamwork Technology has redesigned its Symphony wave energy system to fit North Sea wave characteristics. Symphony’s initial design was for the Atlantic waves as seen at the coast of Portugal or Scotland. Symphony is a point absorbing WEC that converts the wave motion into an internal water

China’s Chengxi to build LNG-powered tanker duo

16 Jul No Comments gregsamuel_e5x9azx4 LNG World News

China’s Chengxi Shipyard has secured an order to build two LNG-powered 50,000-dwt product tankers. Image: Chengxi Shipyard CSSC Shipping, the leasing arm of China State Shipbuilding Corporation, is behind the order. Chengxi is also a unit of CSSC. The dual-fuel vessels have a price tag of $43 million, each. Several

JBIC: $14.4 bln Mozambique LNG financing complete

16 Jul No Comments gregsamuel_e5x9azx4 LNG World News

The Japan Bank for International Cooperation (JBIC) has confirmed the $14.4 billion financing for the Mozambique LNG project has been finalized. Courtesy of Anadarko JBIC portion of the co-financing, a $3 billion loan agreement, was agreed on July 15. Total-led Mozambique LNG project is co-financed with the African Development Bank

MISC enters global ethane market with six-vessel purchase

16 Jul No Comments gregsamuel_e5x9azx4 LNG World News

MISC Berhad, a Malaysia-based provider of energy-related maritime solutions and services, has entered into memoranda of agreement (MOA) with six subsidiaries of China-based Zhejiang Satellite Petrochemical for the purchase of six 98,000 cbm very large ethane carrier (VLEC) newbuilds. Image by MISC Concurrently, MISC, through its vessel-owning entity, Portovenere and

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