zoomImage courtesy of German LNG Terminal German LNG Terminal, the developer of Germany’s first LNG terminal in Brunsbuettel, has reached another long-term commercial capacity agreement with an unnamed global LNG player. The parties agreed on the commitment of a substantial part of the terminal capacity, the company said in its statement
Japan’s spot LNG price down in January
Illustration only. Image source: Pixabay under CCO Creative Commons license. The price of spot liquefied natural gas contracted in Japan was pegged back during January 2019, according to the Japanese Ministry of Economy, Trade and Industry (METI). In its monthly report, the ministry shows the contract-based price reached $8.3 per mmBtu, 9.8 percent below
APPEA names new chief executive
zoomAustralian shoreline; Source: Pixabay Australian Petroleum Production & Exploration Association (APPEA) has appointed a new chief executive. APPEA chairman Zoe Yujnovich said that Andrew McConville was named as the new chief executive of the association. McConville’s appointment follows the resignation of Malcolm Roberts, who was the chief executive since June 2015.
Nauticor: world’s largest LNG bunker vessel named in Hamburg
Image courtesy of Nauticor Hamburg-based Nauticor, a unit of Linde, said the world’s largest LNG bunker vessel, the 7,500-cbm Kairos was officially christened at the Hamburg Cruise Center Steinwerder. The construction of the vessel started in 2016 and in February 2018, steel cutting took place at Hyundai Mipo Dockyard (HMD) in Ulsan, South
Qatargas CEO: natural gas is key in energy transition
zoomImage courtesy of Qatargas Liquefied natural gas is a destination fuel in the future of energy, playing a major role in the energy transition the world is embarking on, according to Qatargas CEO Khalid bin Khalifa Al Thani. Speaking at a conference in New Delhi, Al Thani said that natural
Yemen to resume production of LNG in 2019
zoomImage courtesy of Yemen LNG The Government of Yemen intends to resume production of liquefied natural gas (LNG) which was halted as a result of a conflict in the country. The oil minister of the Saudi-backed government in Yemen, Aws Abdullah al-Awd, said in an interview for Reuters that the
BW names third FSRU BW Magna
Image courtesy of GNA Singapore-based gas shipping giant BW Group on Monday informed it has named its newbuild FSRU at the South Korean Daewoo Shipbuilding & Marine Engineering (DSME). In a brief statement through its social media channels, BW added that the previous Hull Number 2488 was named BW Magna. The
BP starts up Egypt’s West Nile Delta stage two production
zoomImage courtesy of BP UK-based energy giant and LNG player BP produced first gas from the second stage of its West Nile Delta development offshore Egypt. The project, which produces gas from the Giza and Fayoum fields, was developed as a deepwater, long-distance tie-back to an existing onshore plant, BP said in
Spain’s LNG imports climb in December
zoomImage courtesy of Enagás Spain’s imports of liquefied natural gas (LNG) jumped 13.1 percent in December when compared to the same month a year ago, according to the monthly data by the LNG terminal operator Enagás. LNG imports reached some 19 terawatt hours (TWh) in December 2018 as compared to 16.8
France’s Dunkirk LNG activity spikes in January
Image courtesy of Dunkerque LNG France’s Dunkirk liquefied natural gas (LNG) import terminal saw its activity spike during the first month of this year as demand for natural gas grew. According to the terminal operator Dunkerque LNG, the facility fed approximately 5.2 TWh od of natural gas into the transmission