Image courtesy of NextDecade US LNG export project developer NextDecade said it has agreed to sell stock to funds managed by BlackRock. The investment by funds managed by BlackRock further strengthens NextDecade’s capital position as it continues development of its Rio Grande LNG terminal facility and associated pipelines in South
Tech trio joins forces on advancing adoption of LNG as fuel
LNG fuelled tank design equipped with GTT’s membrane containment system. (Image courtesy of GTT/ Roland Mouron) Three marine sector companies, WinGD, Wärtsilä and GTT, have agreed to collaborate in making the use of LNG fuel a viable option for ship owners and operators. The three companies plan on delivering a
Sakhalin LNG issues unlikely to affect exports
Image courtesy of Gazprom Sakhalin Energy, the operator of Russia’s first LNG export plant located in the country’s Far East, stopped production from one of the project’s trains last weekend. However, speaking to Reuters, the company’s spokeswoman, Larisa Yamamoto, said production would resume in the coming days. The production was halted due
US LNG exports slide on week
Image courtesy of Cheniere Liquefied natural gas (LNG) exports from the United States declined during the week ending August 22, according to the Energy Information Administration. Five LNG vessels with a combined LNG-carrying capacity of 18.1 Bcf departed the United States from August 16 through August 22. Four cargoes departed from
Golar’s FLNG Hilli Episeyo readies sixth cargo
Image courtesy of Golar LNG Golar LNG said its FLNG Hilli Episeyo located offshore Kribi in Cameroon is close to exporting its sixth cargo, with the company sizing up new opportunities based on the same concept. The company said in its latest quarterly report that the following the signing of
Japan’s July LNG imports flat YoY
zoomFor illustration purposes only (Image courtesy of Tepco) Japanese imports of liquefied natural gas (LNG) remained flat in July when compared to the same month a year ago, according to the provisional data released by Japan’s Ministry of Finance. Japan, the world’s top LNG buyer, imported 6.81 million tonnes of
India boosts July LNG imports
zoom India’s imports of liquefied natural gas (LNG) continued to rise in July, logging an increase for the fifth consecutive month. India imported 2.47 billion cubic meters of LNG or about 1.83 million tonnes last month, a rise of 28.8 percent year-on-year, according to the latest data from oil ministry’s Petroleum
GasLog inks charter deals with Cheniere, orders LNG duo at SHI
zoomIllustration purposes only (Image courtesy of GasLog) Monaco-based LNG shipper GasLog signed two new charter party deals, each for a firm period of seven years, with Cheniere Energy. To fulfill the charters, two 174,000 cubic meter LNG carriers (HN 2300 and HN 2301) with low-pressure two-stroke propulsion have been ordered from
Cheniere cleared to introduce feed gas to Corpus Christi Train 1
Image courtesy of Cheniere The United States regulator has approved Cheniere’s request to introduce feed gas into the first liquefaction train at its Corpus Christi facility in Texas. The Federal Energy Regulatory Commission said in its filing that the request is in compliance with environmental conditions, however, Corpus Christi has
Panama’s first LNG terminal inaugurated
zoomImage courtesy of AES Panama The AES Corporation said it has inaugurated AES Colón, a 381 MW combined cycle power plant and the Costa Norte LNG facility, the first liquified natural gas terminal in Central America. The plant and regasification terminal are expected to begin commercial operations on September 1,