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Phoenix in talks with PNOC on $2 bln Philippine LNG project

15 Feb No Comments gregsamuel_e5x9azx4 LNG World News

zoomIllustration purposes only (Image courtesy of Phoenix Petroleum) Philippine independent oil company Phoenix Petroleum has entered talks with the Philippine National Oil Co. (PNOC) in hopes to secure a strategic alliance with the state-owned firm in its $2 billion LNG Hub project. Talks follow the Department of Energy’s notice to proceed issued

DSME picks up LNG carrier order from Maran Gas

15 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of DSME South Korea’s shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) has reportedly received an order to build a liquefied natural gas (LNG) carrier for a Greek company. South Korea’s Yonhap News Agency reported that the shipyard received an order to build an LNG carrier for Maran

USCG inspects Cameron LNG before first cargo loading

15 Feb No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of USCG The United States Marine Safety Unit Lake Charles said its personnel conducted a facility safety inspection at Sempra Energy’s Cameron LNG facility as it prepares to load the first cargo.  The Coast Guard has regulatory jurisdiction in the Marine Transfer Area (MTA) for all waterfront facilities

Polish terminal receives 52nd LNG cargo

15 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Flex Rainbow/Image courtesy of Polskie LNG The 52nd liquefied natural gas (LNG) cargo has arrived at the President Lech Kaczyński facility in Świnoujście, Poland. Polish LNG terminal operator, Polskie LNG, said via social media on Thursday that the 52nd LNG cargo arrived in Świnoujście at the beginning of the week.

Gabadi starts building LNG tanks for 22,000 TEU containership

15 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of Gabadi) Narón-headquartered Gabadi has started the construction of four liquefied natural gas tanks for a 22,000 TEU containership being built at the Chinese Jiangnan Shipyard. Gabadi noted that this is first such project in China, adding that part of the technicians who will execute its

South Korea’s Jan LNG imports down 7 percent

15 Feb No Comments gregsamuel_e5x9azx4 LNG World News

For illustration purposes only (Image courtesy of Kogas) South Korea, the world’s third buyer of liquefied natural gas (LNG), received 3.83 million tonnes of the chilled fuel in January, a drop of 7.1 percent year-on-year. Qatar, the world’s top LNG producer, remained the dominant source of South Korean imports with

BP outlook: LNG trade to rise along competition with pipeline gas

15 Feb No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of BP UK-based energy giant and LNG player BP is expecting to see a more competitive, globally integrated gas market as LNG volumes expand.  With the focus on the forces shaping the global energy transition out to 2040, BP noted in its Energy Outlook that LNG trade is set

India’s Petronet lines up Driftwood LNG equity investment

14 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Tellurian US LNG Export project developer, Tellurian signed a memorandum of understanding (MOU) with Petronet LNG on potential investment in the Driftwood LNG project proposed near Lake Charles, Louisiana, on the U.S. Gulf Coast. Driftwood project includes a 27.6 mtpa liquefaction export facility and Driftwood Pipeline is

GasLog posts record profit on high spot earnings

14 Feb No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of GasLog Monaco-based LNG shipper GasLog reported record annual profit with spot earnings in a tight LNG shipping market boosting the figures.  The company reported a profit for the year 2018 of $47.7 million, which compares to $15.5 million recorded in 2017. Speaking of the results, GasLog’s CEO Paul

France’s GTT bags tank design order for Minerva Gas

14 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of GTT/Roland Mouron French LNG containment systems specialist GTT has received an order from Samsung Heavy Industries (SHI) for the tank design of a new 174,000-cubic meter LNG carrier. GTT said on Wednesday that Samsung Heavy ordered the tank on behalf of ship-owner Minerva Gas. The company added

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