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Marienborg Declarations: Independence from Russian fossil fuels drives new offshore wind, LNG plans in the Baltics

31 Aug No Comments gregsamuel_e5x9azx4 LNG World News, Uncategorized

Eight Baltic Sea countries that yesterday agreed to build sevenfold the offshore wind capacity currently installed in the Baltic Sea by 2030 have outlined their joint path to minimising the reliance on Russian fossil fuels. Along with the offshore wind buildout, the leaders of the eight countries will also cooperate

ZIM inks $1 billion LNG bunkering deal with Shell

31 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Israeli container shipping company ZIM has signed a ten-year marine liquefied natural gas (LNG) sales and purchase agreement with Shell, valued at more than $1 billion. The LNG is intended for ten LNG-fueled vessels that will be deployed on ZIM’s flagship ZIM Container Service Pacific (ZCP), on the Asia to

Latvian government supports Skulte LNG terminal

31 Aug No Comments gregsamuel_e5x9azx4 LNG World News

The Latvian government has agreed to provide the object of national interest status to the Skulte LNG terminal, the LNG import terminal project in the Skulte Port area. Illustration only; Courtesy of Skulte LNG Terminal Skulte LNG Terminal will include a floating regasification unit (FRU) that will be located at

UK regulator grants Centrica the go-ahead for gas storage project

31 Aug No Comments gregsamuel_e5x9azx4 LNG World News

UK-based energy services and solutions provider Centrica has received the green light from the UK’s regulator North Sea Transition Authority (NSTA) for a gas storage project in the Southern North Sea.   The NSTA revealed on Tuesday that it has granted the required approvals and consents to Centrica Offshore UK (COUK) for Phase

Mitsui invests $7 million in Norwegian Hydrogen

31 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Japanese trading company Mitsui & Co. has invested invests NOK 70 million (around $7 million) in Norwegian Hydrogen, the company that will build and operate green hydrogen production sites in the Nordic region. Illustration only; Narvik Hydrogen AS; Courtesy of Norwegian Hydrogen Norway’s clean energy transportation company Hexagon Purus is

Avance Gas secures financing for last two newbuild dual-fuel VLGCs

31 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Norwegian shipping company Avance Gas has raised long-term financing for the two last remaining liquefied petroleum gas (LPG) dual-fuel very large gas carriers (VLGCs) newbuildings. Illustration only; Courtesy of Avance Gas On 31 August 2022, Avance Gas revealed this information in its unaudited results for the second quarter of 2022.

KNOT welcomes 2nd LNG-fuelled shuttle tanker for Eni charter

31 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Knutsen NYK Offshore Tankers (KNOT), a joint venture between Japanese shipping company NYK and Norway’s shipping company TS Shipping Invest, has taken delivery of its second dual-fuel LNG shuttle tanker. Courtesy of NYK Named Sindre Knutsen, the newbuilding was delivered at South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME)

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