zoomImage courtesy of Cheniere Cheniere Energy engaged a group of financial institutions to assist in the structuring and arranging of up to $6.4 billion of credit facilities for its Corpus Christi LNG project. Cheniere’s unit, Corpus Christi Holdings will amend and upsize its existing approximately $4.6 billion of credit facilities to increase the available commitments. The
Image courtesy of Yinson Malaysian FPSO service provider Yinson Holdings Berhad signed a long-term memorandum of understanding with Sumitomo Corporation to jointly pursue FPSO and FSU opportunities including those related to LNG projects. Under the terms of the MoU, Yinson shall oversee and conduct the overall project implementation while Sumitomo’s efforts
zoomImage courtesy of Freeport LNG Freeport LNG export facility located near Freeport, Texas, will see its first liquefaction train start up nine months later than initially projected. The start date has been pushed back to September 1, 2019, for the first liquefaction train, mainly due to the effects of Hurricane Harvey
Cove Point LNG terminal (Image courtesy of Sumitomo Corporation) Liquefied natural gas (LNG) exports from the United States bounced back after a slight decline during the previous week. The United States Energy Information Administration (EIA) said in its weekly report that its two export facilities shipped a total of seven
zoomImage courtesy of Grupa Lotos Poland’s state-owned gas company PGNiG and its compatriot Grupa Lotos joined forces in providing LNG bunkering services using supplies from the Świnoujście import terminal. The agreement comes following a year-long cooperation that saw the two companies complete 30 LNG bunkering operations at the Remontowa shipyard in
Image courtesy of Gabadi Narón-headquartered Gabadi won a contract to build four membrane tanks of liquefied natural gas (LNG) tanks for a 22,000 TEU containership being built at the Chinese Jiangnan Shipyard. The value of the contract is at $42.1 million and it is expected to be executed in one year
zoomRevithoussa LNG terminal (Image courtesy of DESFA) The Snam, Enagás, Fluxys consortium awarded the tender for the acquisition of 66 percent DESFA, operator of the Greek gas grid and country’s only LNG terminal on the island of Revithoussa. The consortium consisting of Snam, the majority shareholder with an interest of 60
The Panama Canal transited three LNG vessels in one day, marking a first for the waterway (Image courtesy of the Panama Canal Administration) The Panama Canal Administration said it transited three liquefied natural gas (LNG) vessels through its Neopanamax locks on April 17, marking a first for the waterway. On
zoomImage courtesy of BP The UK-based energy giant BP and Reliance Industries sanctioned the Satellite cluster project that will see the development of deep-water gas fields in the block KG D6, offshore India. The companies are moving forward to develop the gas fields in an integrated series of projects, bringing new gas