US LNG export project developer Venture Global LNG, has secured a $500 million loan for its Plaquemines project. Courtesy of Venture Global The company noted on Thursday it has agreed the loan with JPMorgan Chase Bank, Morgan Stanley Senior Funding, Mizuho Bank, and Bank of America. The proceeds will be
Qatar has been put back on track to become the world’s largest LNG producer by 2030, following Qatar Petroleum’s decision to approve the construction of the $30 billion North Field Expansion project. Courtesy of Qatargas More projects are expected to join NFE, as LNG demand will grow faster than supply,
AW-Energy has announced its entry into the commercial hydrogen market by introducing a combined WaveRoller wave energy device and HydrogenHub process for the production of green hydrogen. WaveRoller in operation (Courtesy of AW-Energy) When combined with other renewable energy sources, AW-Energy wave energy device can enable significant green hydrogen cost
Polskie LNG, a GAZ-SYSTEM company, and Polish LNG terminal operator has been granted a permit to build the third storage tank at the Polish import facility. Courtesy of Polskie LNG The permit, granted by the West Pomeranian Voivode, allows the project to add a 180,000-cbm storage tank. The new tank,
Powering ships with hydrogen that can be refueled at offshore floating solar islands sounds like a perfect sustainable shipping alternative. Now, the idea is coming closer to reality in the Netherlands with a prototype of such solar island set for testing on the Waal near IJzendoorn through a joint effort
U.S. LNG exporter Cheniere Energy has filed a request with the regulator to place its Corpus Christi LNG Train 3 into commercial operation. Courtesy of GasLog The company request in its filing to the Federal Energy Regulatory Commission (FERC) that the permit is granted no later than March 12, 2021.
Boskalis has announced the successful completion of dredging operations for the development of the first large-scale LNG export terminal in Canada. For three seasons, the company worked under harsh weather conditions to remove and remediate soil at the site of the future terminal in Kitimat. Boskalis’ hopper dredgers Beachway and
Petronas Trading Corporation (Petco) signed a deal with Sumitomo Corporation for LNG bunkering in Malaysia and Tokyo Bay, Japan. Courtesy of Petronas Petco, a unit of Malaysian energy giant Petronas, signed a memorandum of collaboration with Sumitomo to jointly market and supply LNG and related services through Petronas Marine. The
Singapore-based container shipping company Ocean Network Express (ONE) has conducted a biofuel trial on the Panamax boxship MOL Experience. The trial was completed on 7 February 2021, following bunkering at the Port of Rotterdam, the Netherlands, in November 2020. It was performed in collaboration with Japanese shipowner Mitsui O.S.K. Lines
Dhamra liquefied natural gas (LNG) terminal in eastern India is targeting a completion date around July 2022. Courtesy of Adani Total The project, a joint venture between Indian multinational conglomerate Adani Group and the French energy major Total, is located on the eastern coast of India, within the Dhamra port.