LNG carrier Pacific Breeze at Naoetsu LNG terminal (Image courtesy of Inpex) Japan’s Inpex said on Wednesday that its Naoetsu LNG terminal in Niigata Prefecture received the first liquefied natural gas (LNG) cargo from the giant Ichthys project in Australia. To remind, the $40 billion Inpex-operated Ichthys LNG export project shipped
Skangas to fuel Gothia Tanker Alliance’s LNG-powered ships
Image courtesy of Skangas Nordic LNG company Skangas, a unit of Gasum, has agreed to supply Gothia Tanker Alliance to supply liquefied natural gas (LNG) as fuel. The new agreement comprises current as well as new vessels with LNG propulsion soon to come, SKangas said in its statement. Swedish shipping companies,
Cheniere gets FERC approval for Corpus Christi commissioning cargoes
zoomImage courtesy of Cheniere The US Federal Regulatory Energy Commission (FERC) has approved a request by LNG player Cheniere to load and export commissioning cargoes at its Corpus Christi liquefied natural gas plant in Texas. Cheniere filed a request on October 25 for Corpus Christi Liquefaction to export by vessels the
‘Healthy markets’ push KBR’s revenue, profit up
zoomImage courtesy of KBR Houston-based LNG engineer KBR posted a rise in the third quarter profit as the markets showed healthy demand the company benefited from. The company’s third-quarter profit reached $58 million, up from the $45 million in the corresponding quarter in the previous year. Stuart Bradie, KBR president
Philippines short-lists companies for $2 bln LNG project
zoomImage courtesy of Shell The Philippines has set up a short list of companies fit to build and operate the country’s first LNG import terminal valued at $2 billion. Speaking to Reuters the country’s energy secretary Alfonso Cusi said the winner of the contract could be nominated in November. Out of
Gate LNG volumes surge in Jan-Sep
A transshipment operation at the Gate terminal in the Rotterdam port (Image courtesy of Gate) Liquefied natural gas (LNG) throughput volumes at the Dutch Gate terminal rose 190 percent in the January-September period as compared to the same period a year ago, according to the data released by the Port
Gazprom pushing forward gas pipeline, LNG projects
zoomConstruction of TurkStream gas pipeline (Image courtesy of Gazprom) Russian giant Gazprom is progressing a number of gas pipeline projects with three major projects already over 90 percent complete. The company said in its statement that a total of 2,064 kilometers of pipes are already welded and laid for the Power of Siberia gas pipeline between
BP’s quarterly profit hits five-year high
zoomImage courtesy of BP UK-based energy giant and LNG player BP reported a surge in profit during the third quarter, hitting the highest quarterly figure in over five years. Underlying replacement cost profit, the company’s version of net profit, for the third quarter of 2018 was $3.8 billion, more than
Japan power companies use less LNG in July
For illustration purposes only (Image courtesy of Tokyo Electric Power) Liquefied natural gas (LNG) use by Japan’s power companies declined by 2.1 percent in July when compared to the same month a year ago, the preliminary data from the Ministry of Economy, Trade and Industry shows. The power companies consumed
Eni and Total join forces to explore off Algeria
zoomImage courtesy of Eni Italian energy company Eni and its French peer Total have signed a deal to jointly explore for oil and gas in Algeria. The duo signed a deal with state-owned Algerian energy company Sonatrach to pursue offshore exploration in the country while working together on exploration permits.