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GTT and Korea’s FTC – appeal procedure update

18 Jan No Comments gregsamuel_e5x9azx4 LNG World News

French LNG containment specialist GTT has been given a favorable update on the appeal procedure in a case with the Korea Fair Trade Commission. Courtesy of GTT/Roland Mouron The South Korean Fair Trade Commission (FTC) issued an $11.3 million fine noting that GTT’s commercial practices have not complied with Korean

Woodside doubles LNG supply agreement with Uniper

18 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Australian Woodside expanded an LNG supply deal with German energy company Uniper. The agreement will double the amount of LNG it supplies. Courtesy of Woodside Initial supply commercing in 2021 is now up to 1 million tonnes per annum of LNG, from 0.5 million tonnes per annum agreed earlier. From

DOE to assign $160M to fossil-based hydrogen projects

18 Jan No Comments gregsamuel_e5x9azx4 LNG World News

T The US Department of Energy’s (DOE) Office of Fossil Energy will allocate $160 million to projects to improve fossil-based hydrogen production, transport, storage and utilization. Courtesy of DOE The US will authorize finances for advanced technologies for improvement of performance reliability and flexibility of methods to produce hydrogen. This

U.S. LNG exports, average prices climb in November

18 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Liquefied natural gas (LNG) exports from the U.S. facilities have jumped in November 2020, according to the latest Department of Energy report. Courtesy of Cheniere The U.S. Department of Energy noted that a total of 87 cargoes of the chilled fuel departed the country’s export plants. This was 20 cargoes

Costa Cruises’ 2nd LNG-powered cruise ship floated out in Finland

15 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Costa Toscana, an LNG powered, 185,000 GT cruise ship being built for Carnival’s Italian brand Costa Cruises, was floated out to the outfitting pier at Finland’s Meyer Turku shipyard on 15 January 2021. During the float-out ceremony, Costa Toscana officially touched the sea for the first time, with the flooding of the

Zvezda cuts steel for 3rd LNG-powered MR product carrier

15 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Russian Shipbuilding Complex Zvezda has cut steel for the third MR-type product carrier operating on LNG as marine fuel ordered by the compatriot shipping major Sovcomflot in 2019. Image by Rosneft The 1B-ice class tanker will have a deadweight of about 50,000 tonnes, length of over 180 meters, width of

SCF’s Shell-chartered LNG newbuild delivered

15 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Russia’s largest shipping company Sovcomflot has taken delivery of the Shell-chartered LNG carrier, SCF Timmerman. Courtesy of Sovcomflot The vessel, capable of transporting up to 174,000 cubic meters of the chilled fuel has already left the Hyundai Samho Heavy Industries yard in South Korea on its maiden voyage. Commenting on

NexDecade’s Irish FSRU deal falls through

15 Jan No Comments gregsamuel_e5x9azx4 LNG World News

US LNG developer NextDecade and Irish Port of Cork accord to build an import terminal in Ireland has run its course. Courtesy of NextDecade After the expiry of a preliminary deal signed in 2017 by NextDecade, the plans for floating storage and regasification unit at the Irish port of Cork

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