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Eni inks LNG MoU with China’s Zhejiang Energy

30 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Italy’s Eni and China’s Zhejiang Energy signed a Memorandum of Understanding (MoU) on strategic cooperation across the gas and LNG value chain in China and internationally. Illustration only; Courtesy of Eni The MoU establishes a cooperation framework and builds on the companies’ shared goal of promoting emissions reduction by favoring

Norwegians launch zero-emission short-sea JV

30 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Image credit: Viridis Bulk Carriers Norwegian shipping consultancy Amon Maritime has set up a joint venture with compatriot shipowners Navigare Shipping & Logistics and AS Mosvolds Rederi named Viridis Bulk Carriers. The company will specialize in short-sea shipping, powering its ships by green and blue ammonia. “We are launching a fleet of innovative

Suez Canal reopens, LNG vessels waiting for normalised operations

30 Mar No Comments gregsamuel_e5x9azx4 LNG World News

After the unblocking of the Suez Canal on Monday, a number of LNG and other vessels are waiting for the canal to become fully operational. Courtesy of the Suez Canal Authority Suez Canal, the shortest shipping route between Europe and Asia, is now reopened for navigation, almost a week after

KR awards AIP for Korea’s 1st 8K ammonia bunkering vessel

30 Mar No Comments gregsamuel_e5x9azx4 LNG World News

The Korean Register (KR) has granted approval in principle (AIP) for an 8K ammonia bunkering vessel, the first of its kind in Korea. The bunkering vessel is owned by KMS EMEC, a design engineering company. The ship has been developed through a joint development project (JDP) between KR, KMS EMEC, and Singapore’s

AGL Energy’s Crib Point LNG project blocked by the Australian government

30 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Victorian government has rejected AGL Energy’s proposal for a floating LNG import terminal at Crib Point, citing unacceptable environmental effects as the reason. Courtesy of AGL Energy The Crib Point Gas Import Jetty and Crib Point-Pakenham Gas Pipeline $250 million project proposal, planned since 2018, faced opposition in the form

HPCL buys out Chhara LNG terminal partner

30 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Hindustan Petroleum Corporation, a unit of the state-run ONGC, has decided to buy out its partner in the 5 mtpa LNG terminal project in Chhara, Gujarat state. Courtesy of HPCL HPCL noted in a regulatory filing it has entered into a share and purchase agreement with SP Ports to acquire

OGCI bankrolls NextDecade’s carbon reduction push

30 Mar No Comments gregsamuel_e5x9azx4 LNG World News

OGCI Climate Investments fund is set to invest $10 million in NextDecade, through a stock purchase, further supporting the latter’s efforts of delivering the lowest end-to-end emission LNG. Courtesy of NextDecade Launched in 2016, OGCI Climate Investments is a fund set up by member companies of the Oil and Gas

ArcelorMittal to lower ghg by leveraging the hydrogen grid

30 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Steel and mining major ArcelorMittal will transform the plants in Bremen and Eisenhüttenstadt in accordance with the planned expansion of Germany’s hydrogen infrastructure. Courtesy of ArcelorMittal The company is planning to build a large-scale industrial plant for the direct reduction of iron ore (DRI) and electric arc furnace (EAF)-based steelmaking

Qatar Petroleum to take full control of QG1

30 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Qatar Petroleum has decided to take over full ownership of the Qatargas Liquefied Natural Gas Company (QG1) on 1 January 2022. Courtesy of Qatargas The company noted on Tuesday it will not be renewing the QG1 joint venture upon the expiry of the relevant agreements on 31 December 2021. Established

Santos takes FID on $3.6bn Barossa gas project

30 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Australian energy giant Santos has taken a final investment decision (FID) to proceed with Barossa, the $3.6 billion gas and condensate project, located offshore Australia. Santos is the operator of the Barossa gas field, which is located 300 kilometres offshore Darwin in Australia. The company said on Tuesday that the

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