Illustration only. Image source: Pixabay under CC0 Creative Commons license. Russian trio, Gazprom, Novatek and Stroytransgaz are looking over options of investing in natural gas projects in Morocco. The three companies are studying the options to invest in logistics and gasification facilities in industrial areas of the country, Russian minister
Nigerian LNG cargo heading to Portugal
Image courtesy of REN REN-operated Sines LNG import terminal in Portugal is scheduled to receive a cargo of the chilled fuel from Nigeria next week, according to the shipping data by the Port of Sines. The cargo will be delivered from Nigeria LNG’s Bonny Island liquefaction plant onboard the 137,300-cbm
Stolt-Nielsen profit drops, as small-scale LNG JV launches
Image courtesy of Stolt-Nielsen Norwegian-listed shipping company Stolt-Nielsen reported a drop in net profit for the third quarter of the year. Net profit for the quarter reached $3 million following a $12.9 million impact from a change in the accounting for the company’s investment in Avance Gas Holdings. This compares to
PGNiG: Polish consumption, LNG imports grow
zoomImage courtesy of Polskie LNG Natural gas consumption in Poland continues rising for the January-August period with LNG accounting for nearly 20 percent of total imports, Polish Oil and Gas Company (PGNiG) says. Compared to a similar period in 2017, between January-August 2018 imports of LNG have risen by nearly 64
Scania delivers Argentina’s first LNG-fueled trucks
Image courtesy of Scania Scania’s Argentinian unit delivered a fleet of LNG-fueled trucks for the Mendoza-based logistics company Transportes Andreu. The delivery marks a milestone for Argentina as it is the country’s first-ever fleet of LNG-fueled trucks, according to a Scania statement. Scania said it has been working with Enargas,
Australian watchdog starts LNG netback price publication
zoomImage courtesy of Santos The Australian Competition and Consumer Commission started publication of LNG netback prices in order to boost transparency. An LNG netback price is an export parity price that a gas supplier can expect to receive for exporting its gas. It is calculated by taking the delivered price
Sabine Pass cargo heading for Dragon LNG
Image courtesy of Maran Gas Maritime The UK’s Dragon LNG terminal is scheduled to receive a liquefied natural gas cargo from Cheniere’s Sabine Pass export facility in Louisiana. The cargo is being delivered onboard Maran Gas Maritime’s newbuild, the 173,400-cbm Maran Gas Spetses. The shipping data shows the vessel is scheduled to
Seaspan Corporation eyeing Vietnamese LNG-to-power project investment
zoomImage courtesy of Swiber Seaspan Corporation, the independent containerships operator, signed a $200 million investment term sheet with the Singapore-based EPC company Swiber Holdings. The deal would be completed in two tranches, one of which would include a potential investment in a $1 billion LNG-to-power project in Vietnam. The first
New LNG carrier for Japan’s Tokyo Gas named “Energy Glory”
zoomImage courtesy of NYK A brand new liquefied natural gas (LNG) carrier being built for Japan’s Tokyo Gas was named on Wednesday at the Tsu shipyard of Japan Marine United Corporation. The 165,000-cbm LNG carrier named “Energy Glory” is jointly owned by NYK and Tokyo LNG Tanker, a unit of Tokyo
Australia’s LNG earnings grow on higher volumes, oil prices
Image courtesy of Chevron Australian liquefied natural gas exports fetched $31 billion during the 2017-2018 period, with 62 million tons exported during the period. The figures made LNG the country’s third largest resource and energy export, the country’s Department of Industry, Innovation and Science shows in its quarterly report. Export volumes