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Top news of the week February 10-15

16 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of BP Woodside flags $720 mln Kitimat LNG investment charge Australia’s Woodside Petroleum on Tuesday said its financial results will take a $720 million hit on its Kitimat LNG investment. New Fortress Energy inks long-term LNG supply deal New York City-based New Fortress Energy has signed a long-term

Peruvian January LNG exports drop

14 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Peru LNG Exports from the Peruvian liquefied natural gas (LNG) facility in Pampa Melchorita slipped during the first month of the year.  According to the data provided by the state-owned Perupetro, four vessels departer the facility during the month under review, with volumes totaling 674,751 cubic meters.

Meyer Werft floats out P&O Cruises’ LNG-powered cruise ship

14 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Meyer Werft German shipyard Meyer Werft floated out its 50th cruise ship, the 100 percent LNG-powered Iona being built for Carnival Corporation’s P&O Cruises.  The vessel is scheduled for delivery during the year and will be the first of this type in P&O Cruises’ fleet. The ship

Nauticor, Fassmer start LNG cooperation with Atair bunkering

14 Feb No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Nauticor Hamburg based LNG supplier Nauticor and its compatriot shipbuilder Fassmer have partnered up on newbuilding and retrofit projects for ships with LNG engines. Through the cooperation, the two companies hope to generate synergy effects for the commissioning of newbuild or retrofitted vessels, which have been equipped with

Poten: Coronavirus muddles LNG market, Chinese LNG imports

14 Feb No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Qatargas Uncertainty and disruptions associated with the Covid-19 ( Coronavirus) outbreak in China continue to dog the global LNG markets. Globally, spot LNG prices remain low as the markets work through significant disruptions of cargoes that are scheduled to go to China through March and beyond, according

Enbridge to buy Rio Grande LNG feeder pipeline

14 Feb No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of NextDecade US LNG export project developer NextDecade Corporation signed a deal with Enbridge under which the latter will acquire Rio Bravo Pipeline Company.  The acquisition of the pipeline that will supply feed gas to NextDecade’s proposed Rio Grande LNG export facility in the Port of Brownsville, Texas,

U.S. weekly LNG exports dip

14 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Cheniere Exports of liquefied natural gas from the United States’ facilities dropped for the second week in the row.  Data from the United States Energy Information Administration (EIA) shows that a total of fifteen tankers with a combined LNG-carrying capacity of 55 billion cubic feet (Bcf) departed

Rauma lays keel for Wasaline LNG ferry

13 Feb No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Rauma Marine Constructions Rauma Marine Constructions laid the keel for an LNG-fueled newbuilding, NB6002 being constructed for Wasaline, at the Rauma shipyard. The vessel, which will be named Aurora Botnia, will be delivered to the operator, Wasaline, in spring 2021. The new ferry will operate between Vaasa

Chart increases 2020 guidance as profit slumps

13 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Chart Industries US LNG equipment maker Chart Industries on Thursday reported a drop in net profit for 2019 despite it being a record orders year.  The company reported a net profit of $46.4 million, a 47.27 percent drop from the $88 million profit reported in 2018. Chart

GATE LNG terminal’s 2019 throughput jumps

13 Feb No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Port of Rotterdam Liquefied natural gas (LNG) throughput volumes at the Dutch Gate terminal have gone up during 2019 with the increase in deliveries to Europe instead of Asia.  The facility located in the Dutch port of Rotterdam recorded a throughput of  7.15 million tonnes during the

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