Hammerfest LNG facility (Image courtesy of Statoil/Harald Pettersen) Norwegian Petroleum Safety Authority (PSA) launched an investigation into a liquefied natural gas leak at the Equinor-operated Hammerfest LNG facility on June 17. This incident occurred while a road tanker was being filled with LNG at the Equinor, formerly Statoil, facility at
zoom Shell, through its Malaysian unit Shell Gas Holdings, completed the sale of its 15 percent shareholding in Malaysia LNG Tiga to the Sarawak State Financial Secretary (SFS) for $750 million. The transaction has been dated to September 1, 2017, with the net final consideration paid to Shell after adjustments
Image courtesy of Peru LNG The Peruvian export plant at Pampa Melchorita is scheduled to undergo routine maintenance over a three week period starting July 27. During the three week period, the facility will not be producing liquefied natural gas, David Lemor, Peru LNG’s director of corporate affairs told Reuters.
Image courtesy of Cheniere Cheniere Energy and Cheniere Energy Partners have reached a definitive agreement under which Cheniere will acquire all of the publicly-held shares of Cheniere Partners Holdings in a stock for share transaction. Under the agreement, Cheniere Partners Holdings’ shareholders will receive a fixed exchange ratio of 0.4750 Cheniere shares for
Image courtesy of Oil Search Papua New Guinea LNG export facility, operated by the US energy giant ExxonMobil, is reportedly offering a single cargo for sale. Citing sources, Reuters reports the cargo is set for July delivery either on a delivery ex-ship (DES) or a free-on-board (FOB) basis. The cargo
zoomImage courtesy of GasLog GasLog Partners, the New York-listed spinoff of LNG shipper GasLog, said on Tuesday it entered into a new multi-year time charter for tanker GasLog Sydney with a unit of US LNG export player Cheniere. The contract is scheduled to start in 2018. Cheniere has options to
zoom Japanese imports of liquefied natural gas (LNG) rose 2.7 percent in May as 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 6.4 million tonnes of LNG last month. LNG imports rose in
Image courtesy of Ferus Smit Shipyard Thun Tankers, a member of the Gothia Tanker Alliance, said its LNG-fueled chemical tanker Thun Eos was launched at the Ferus Smit Shipyard in Westerbroek, The Netherlands. The vessel, Nb 443, named Thun Eos is the first vessel in a series of four E-class oil/chemical
zoomThe proposed Driftwood LNG (Image courtesy of Tellurian) The Houston-based LNG export project developer Tellurian intends to offer 12 million shares in an effort to fund the pipeline development and secure working capital. The company expects to rake in $118.8 million before underwriters’ compensation and estimated expenses, the statement reads. The company
zoomImage courtesy of Gas Natural Fenosa Spanish LNG player Gas Natural Fenosa and the Algerian company Sonatrach have signed an agreement to renew the gas procurement contracts from Algeria to Spain spanning to 2030. These contracts currently represent more than 40 percent of Gas Natural Fenosa’s overall gas procurement, the