zoomImage courtesy of CNOOC China National Offshore Oil Corp (CNOOC) began construction works on the second phase of the Ningbo LNG import terminal in Zhejiang province. The facility located in the Zhejiang province currently has a capacity to handle 3 mtpa of LNG. Citing a Zhejiang provincial government, Reuters reports the
zoomImage courtesy of Furetank Rederi Sweden-based Furetank a part of the Gothia Tanker Alliance, held a name giving ceremony for its LNG-fueled intermediate product and chemical tanker, Fure Vinga. The ceremony was held at the vessel’s home port, Donsö, Furetank Rederi said in a brief statement through its social media channels. The
Image courtesy of Cheniere Liquefied natural gas (LNG) exports from the United States have risen during the week ending June 27, edging up for the second week in a row, the Energy Information Administration said in its weekly natural gas report. Six liquefied natural gas (LNG) tankers with a combined
For illustration purposes only; Pyeongtaek LNG terminal in South Korea (Image courtesy of Kogas) Asian spot prices for liquefied natural gas (LNG) reportedly dropped for a second consecutive week due to lower trading activity and a slow down in buying from China. Spot prices for August delivery in Asia fell
Image courtesy of Equinor – Ole Jørgen Bratland French cabling and connectivity solutions specialist, Nexans, has been contracted by Equinor to design and manufacture umbilicals to control the Askeladd’s subsea production systems in the Barents Sea. The Snøhvit gas field in the Barents Sea is now entering part two of its multi-phase development
Image courtesy of Novatek Russia’s largest independent natural gas producer Novatek signed a strategic agreement with its compatriot shipper Sovcomflot, to partner up on transporting LNG and condensate from the Arctic LNG projects. These projects include Novatek’s Yamal LNG, Arctic LNG 2 and other Arctic projects of the company. “Our unique
zoomImage courtesy of Teekay Teekay LNG Partners said that Brody Speers, the current chief financial officer (CFO) of Teekay Gas Group has been appointed as vice president, corporate finance, of Teekay Shipping (Canada). Scott Gayton, who currently serves as a vice president at Teekay, has been appointed to assume the CFO
zoomIllustration purposes only (Image courtesy of Chevron) The year 2017, another record-breaking year for LNG trade, reinforces the global role liquefied natural gas has on the expansion of the use of natural gas, an International Gas Union (IGU) report shows. After steady growth in recent years, global LNG trade in
Francisco Reynés, chairman and CEO of Naturgy (image courtesy of Naturgy) Spanish LNG operator Gas Natural Fenosa has decided to follow the change in the market and change its name to Naturgy after 175 years. The company said it aims to focus on innovation, digitalization, simplicity, as part of its new path undertaken by the
zoomImage courtesy of Nigeria LNG Nigeria LNG is set to bring back its fifth liquefaction train online in July after shutting it down for maintenance at the end of May. Speaking to Reuters, Nigeria LNG’s corporate communications and public affairs manager, Andy Odeh, said the Train 5 was shut down