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KOGAS and BP sign long-term US LNG supply deal

22 Apr No Comments gregsamuel_e5x9azx4 LNG World News

Korea Gas Corporation (KOGAS) has signed a long-term contract with British oil and gas company BP for the purchase of US LNG. Courtesy of KOGAS This deal is a Henry Hub LNG sale and purchase agreement for up to 18 years. KOGAS said it wants to contribute to stabilising domestic

Hudong-Zhonghua orders GTT tank design for 4 new LNGCs

22 Apr No Comments gregsamuel_e5x9azx4 LNG World News

Chinese shipbuilder Hudong-Zhonghua has ordered the tank design for four new LNG carriers (LNGCs) from the French LNG containment specialist GTT. Courtesy of Hudong-Zhonghua Shipbuilding GTT said in a statement that in March it received orders from the Chinese shipyard Hudong-Zhonghua Shipbuilding. The order specifically refers to the tank design

EIA: US weekly LNG exports up by six vessels

22 Apr No Comments gregsamuel_e5x9azx4 LNG World News

According to the U.S. Energy Information Administration (EIA) report, weekly LNG exports have increased by six vessels from last week, with Henry Hub prices also going up. Courtesy of Cheniere In the latest Short-Term Energy Outlook report for the week between 14 April and 20 April, EIA says 26 vessels

Japan’s GSC develops ammonia-ready LNG-fueled Panamax bulker

21 Apr No Comments gregsamuel_e5x9azx4 LNG World News

Japan’s Planning and Design Center for Greener Ships (GSC), in cooperation with member shipbuilders in Japan, has developed an ammonia-ready LNG-fueled Panamax bulk carrier. Courtesy of GSC On 20 April 2022, the design received approval in principle (AIP) from the classification society ClassNK. The Panamax bulk carrier is LNG-fueled but

Eni to develop LNG project in Congo next year

21 Apr No Comments gregsamuel_e5x9azx4 LNG World News

Italian oil and gas company Eni has agreed with The Republic of Congo to increase gas production and supply primarily through the development of an LNG project that is to start in 2023. Illustration; Courtesy of Eni On 21 April, Congo’s hydrocarbons minister Bruno Jean Richard Itoua and the CEO

Purpose ESG to invest in Nauticol Energy for CO2-free methanol

21 Apr No Comments gregsamuel_e5x9azx4 LNG World News

Canadian asset management company Purpose ESG will invest in compatriot firm Nauticol Energy which might become the world’s first large-scale net zero methanol producer. Courtesy of Nauticol Energy Nauticol Energy is an energy transition company that will produce net-zero and carbon-negative fuels for sectors such as the marine. Its first

MSC Cruises presses ahead with net-zero target

21 Apr No Comments gregsamuel_e5x9azx4 LNG World News

As part of its journey towards net-zero emissions by 2050, MSC Cruises, the cruise division of Swiss MSC Group, will have shore power connections in two Northern European ports this summer. MSC Virtuosa arrives into Southampton. Courtesy of MSC Cruises, Blue Harbour. Having made the pledge in 2021 to achieve

Japanese trio to establish hydrogen and ammonia supply base in Kanagawa

21 Apr No Comments gregsamuel_e5x9azx4 LNG World News

Japanese energy companies ENEOS, JERA, and JFE will look into establishing hydrogen and ammonia receiving and supply base at the Keihin Waterfront Area in Kanagawa Prefecture. Keihin Waterfront Area; Courtesy of Yokohama Economic Affairs Bureau & Riken Yokohama The parties have concluded a memorandum of understanding and begun to discuss

TMR: LNG bunkering market to rise during next decade

21 Apr No Comments gregsamuel_e5x9azx4 LNG World News

Transparency Market Research (TMR) sees the global LNG bunkering market rising at CAGR of 63.6 per cent in the period between 2021 and 2031. Illustration only; Courtesy of MOL/Pavilion Energy Transparency Market Research, a global market intelligence company, published an analysis report on the global LNG bunkering market and its

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