Russia’s natural gas producer Novatek has secured exploration and production licenses for Arkticheskoye and Neytinskoye fields for its Yamal LNG project. Courtesy of Novatek Yamal LNG Resource, Novatek’s wholly-owned subsidiary, won the auctions for geological survey, exploration, and production licenses for two subsoil license areas. These include the Arkticheskoye and
Turkish oil and gas pipeline operator Botas has teamed up with compatriot marine fuels firm Arkas Bunkering and Japan’s trading company Sumitomo Corporation to establish LNG bunkering infrastructure in the country. Courtesy of BOTAS Botas sees Turkey as one of the largest marine fuel hubs for vessels passing through the
Japanese shipping company Mitsui O.S.K. Lines (MOL) has concluded a syndicated transition loan contract for two LNG-fueled ferries, Sunflower Kurenai and Sunflower Murasaki. As disclosed, the Development Bank of Japan and Sumitomo Mitsui Trust Bank served as the arrangers and Sumitomo Mitsui Banking Corporation (SMBC) as the co-arranger. Furthermore, the transition
Norwegian energy firms Horisont Energi, Equinor and Vår Energi have signed a cooperation agreement for the development of Barents Blue, Europe’s first large-scale blue ammonia production facility. Courtesy of Vår Energi The Barents Blue project is based on using natural gas from the Barents Sea to produce ammonia. It promises to
Danish shipping major A.P. Moller – Maersk has decided to invest in California-based WasteFuel, a start-up focused on turning waste into sustainable aviation fuel, green bio-methanol, and renewable natural gas. This investment is made through Maersk Growth, the corporate venture arm of A.P. Moller – Maersk. This embedded content is only visible
German LNG Terminal, the joint behind Brunsbüttel LNG import terminal, has made change in management after reaching two important milestones. Courtesy of German LNG Terminal German LNG Terminal is a joint venture between Gasunie LNG and Vopak LNG, as well as Oiltanking, a subsidiary of Marquard & Bahls. The planned
Norway-based research organization SINTEF intends to work on solving research hurdles linked to the use of ammonia as a zero-emission fuel for the shipping sector. The Minister of Climate and Environment for Norway, Sveinung Rotevatn, announced at the end of last week that the project Ammonia Fuel Bunkering Network would
The multi-sector industry coalition SEA-LNG recognizes significant growth in LNG-fueled vessels orders in 2021 and expects this trend to continue. Courtesy of SEA-LNG LNG-fueled vessel orders are approaching 30 per cent of gross tonnage on order, SEA-LNG reports citing Clarksons. When these vessels are delivered, this will subsequently amount to
U.S. LNG export project developer Cheniere Energy expects to reach a final investment decision (FID) for Stage 3 of its Corpus Christi LNG plant in Texas in 2022. Courtesy of Cheniere Cheniere’s Corpus Christi Stage 3 expansion project proposes up to seven midscale trains. These would add approximately ten million
French LNG containment specialist GTT has received an order for the tank design of two new LNG carriers from the Korean shipyard Hyundai Samho Heavy Industries (HSHI). Courtesy of GTT Hyundai Samho Heavy Industries is constructing the two new 174,000 cubic metres vessels on behalf of a European ship-owner. Gaztransport