Sempra Infrastructure and RWE ink U.S. LNG supply deal
K Line takes delivery of new dual-fuel LNG carrier for Petronas
26
May
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has taken delivery of the newly-built W-Max class liquefied natural gas (LNG) carrier at Hudong-Zhonghua Shipbuilding in China. Lagenda Suria. Courtesy of K Line The 79,959 cbm carrier will transport LNG from Malaysia to Shenergy Group in China under a long-term charter with
Venture Global LNG takes FID on Plaquemines LNG project
26
May
U.S. LNG export project developer Venture Global LNG has announced a final investment decision (FID) and closing of the $13.2 billion financing for the Plaquemines LNG facility and the associated pipeline. Courtesy of Venture Global LNG On 25 May 2022, the company said it took an FID for the first
EU sets up new task force as tool for getting rid of Russian fossil fuels
25
May
The European Commission (EC), the executive body of the European Union (EU), has established a new task force to provide support to the EU Energy Platform and implement the REPowerEU goal of supply diversification. This has been described as a tool, which will help Europe get rid of Russian fossil
McDermott’s unit and KOGAS to explore large-scale liquid hydrogen storage
25
May
McDermott’s storage business CB&I and Korea Gas Corporation (KOGAS) have signed a memorandum of understanding to explore the development of large-scale liquid hydrogen storage to support Korea’s Hydrogen Economy Roadmap. Courtesy of McDermott In 2021, South Korea announced plans to achieve carbon neutrality by 2050 by replacing coal-fired power generation
Cheniere and Posco pen long-term LNG supply deal
25
May
U.S. LNG exporter Cheniere has entered into a long-term LNG sale and purchase agreement (SPA) with South Korea’s first private LNG terminal owner Posco International. Courtesy of Cheniere Cheniere’s subsidiary Cheniere Marketing signed the SPA with Posco International, a subsidiary of Posco Holdings, South Korea’s steelmaker and owner of an
Spain’s Iberdrola to invest $3.2 bln in green hydrogen
25
May
Spanish clean energy company Iberdrola will invest €3 billion ($3.2 billion) in green hydrogen to accelerate the European Green Deal. Frans Timmermans, executive vice-president of the European Commission, and Ignacio Galán, chairman of Iberdrola; Courtesy of Iberdrola Ignacio Galán, chairman of Iberdrola, announced the news at the World Economic Forum
German Chancellor’s Africa tour seen as critical step to energy security
25
May
Following German Chancellor Scholz’s Africa tour, the African Energy Chamber (AEC), which identifies itself as a voice of the African energy sector, believes it to be a critical step towards achieving energy security. Germany is looking at multiple ways to reduce its dependence on Russian gas and is working on
Jera completes pipeline for Futtsu LNG import terminal
25
May
Japanese energy giant Jera and partners have marked completion of the Nanohana Pipeline connecting the Futtsu LNG import terminal and the Anegasaki thermal power station in Chiba. Courtesy of JERA The partners include Jera, Keiyo Gas, Otaki Gas, TEPCO Energy Partner, and Nanohana Pipeline. On 20 May, they held a
MacGregor bags ‘significant order’ to equip Polish hybrid RoPax ferries
25
May
MacGregor, a part of Finnish Cargotec, has secured a contract to supply comprehensive packages of RoRo equipment for three RoPax ferries powered by four liquefied natural gas (LNG) engines of dual-fuel type with battery assistance. Image by Remontowa Marine Design & Consulting MacGregor will supply the equipment to pro-ecological, low-emission