Image courtesy of Cheniere Liquefied natural gas exports from the U.S. increased for the second week running, according to the weekly report by the Energy Information Administration (EIA). The data shows that nine vessels with a combined LNG-carrying capacity of 32.8 Bcf departed the United States from February 14 to February
Illustration purposes only (Image courtesy of GTT/Roland Mouron) French liquefied natural gas containment systems specialist GTT devised a program for the creation of a Digital Hub of Excellence in Singapore. The hub will be run by GTT’s local units Ascenz Solutions and GTT South East Asia, GTT said in its
zoomImage courtesy of Einar Aslaksen – TRY / Equinor ASA Norwegian energy giant and LNG operator Equinor said its natural gas sales in 2018 totaled around $26 billion, an increase of 29 percent from 2017. As more countries prepare for the energy transition, Equinor expects global demand to grow by
zoomImage courtesy of Teekay LNG Teekay LNG Partners, one of the world’s largest owners of LNG carriers, reported a significant cut in net profit during the fourth quarter and full-year 2018. Net income for the fourth quarter plunged to $6.58 million from $25.95 million in the previous quarter, the company’s
zoomBarossa Caldita drilling, 2017 (Image courtesy of Santos) Australian LNG player Santos turned a profit for 2018 following a net loss in the previous year. The company noted the net profit for the year 2018 reached $630 million compared to a $360 million net loss in 2018. Santos managing director and
zoomImage courtesy of Commonwealth LNG Houston-based Commonwealth LNG has reportedly received commitments from European buyers to take almost half of the liquefied natural gas (LNG) from its planned 8.4-million-tonnes-per-year export terminal in Louisiana. Citing Commonwealth LNG CEO Paul Varello, Reuters said on Wednesday that the prospective buyers were European end-users
Image courtesy of Petronet LNG India’s imports of liquefied natural gas (LNG) declined in January, after a brief jump in December last year. According to the data from oil ministry’s Petroleum Planning and Analysis Cell (PPAC), India’s January 2019 imports reached 2.13 billion cubic meters, 11.6 percent below the corresponding
For illustration purposes only (Image courtesy of Samsung Heavy Industries) South Korean shipbuilding giant Samsung Heavy Industries said Thursday it won a new order to build four liquefied natural gas (LNG) carriers. Samsung said in a filing to the stock exchange that the deal for the LNG quartet is worth
zoomImage courtesy of Elengy French LNG operator Elengy, a unit of the energy giant Engie, has started an open season calling for interested parties to book capacity at its Fos Tonkin LNG terminal for 2021. Its operations are currently guaranteed through to 2020 by ongoing subscriptions and contracts, Elengy said on