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Gazprom, Petrobangla ink energy cooperation MoU

31 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Gazprom Russian giant Gazprom has signed a memorandum of understanding with Bangladesh state-owned Petrobangla. The five-year deal on strategic cooperation in the energy sector was signed during Gazprom’s deputy chairman Vitaly Markelov’s visit to Bangladesh. Gazprom’s interests in Bangladesh are represented by Gazprom EP International, a specialized

Report: Japan’s average LNG import price to drop in 2020

30 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Tepco Japan’s average LNG import price is set to drop from around $10 per million British thermal units (mBtu) in 2019 to below $9 per mBtu in 2020. According to the 2020 Energy Outlook in Japan and World, issued by Japan’s Institute of Energy Economics, demand in

Excelerate, Engro ink deal to replace FSRU Exquisite

30 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Excelerate Energy Excelerate Energy and Engro Elengy Terminal have signed a heads of agreement (HOA) for the expansion of the EETL liquefied natural gas (LNG) import terminal located in Port Qasim, Pakistan. Under the agreement, Excelerate will exchange its existing floating storage and regasification unit (FSRU) Exquisite

Edge LNG scores deal to liquefy stranded Marcellus gas

30 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Edge LNG Edge Gathering Virtual Pipelines 2 (Edge LNG) has been selected by a large producer to capture and liquefy gas from its stranded wells in Tioga County in the Marcellus basin. The initial operation is underway and is set to be ongoing until at least 2022,

LNG-fueled Marine Vicky joins Sinanju Tankers’ fleet

30 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Sinanju Tankers Holdings Sinanju Tankers Holdings said that Marine Vicky, Singapore’s first LNG-fueled bunkering vessel joined its fleet. The company said in a brief statement through its social media channels that the tanker arrived from the shipyard becoming its 14th bunker vessel. Sinanju Tankers noted that it

Japan’s first LNG tugboat completes 100th bunkering

30 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of NYK Line Japanese shipping giant NYK Line said that Japan’s first LNG-fueled vessel, the tugboat Sakigake, completed the 100th LNG bunkering operation since its delivery in 2015.  The LNG bunkering was conducted from a tank truck at the No. 5 quay of Shinko, Yokohama, NYK Line said

Shell’s profit hit by lower prices

30 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoom The Hague-based LNG giant Shell reported a nearly 50 percent drop in profit for the fourth quarter of 2019 on lower realized oil, gas and LNG prices.  The company reported a net profit of $2.9 billion for the quarter under review, 48 percent down on the $5.6 billion reported

MAN’s new ME-GI engine completes 100 pct gas run

29 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of MAN Energy Solutions MAN Energy Solutions noted that during testing completed by Hyundai’s Engine Machinery Division (HHI-EMD) MAN B&W 11G90ME-GI dual-fuel engine ran at 100 percent load in gas mode.  HHI-EMD completed the test for the first of six ME-GI engines bound for a series of container

Study doubts LNG fuel’s life-cycle GHG emissions benefit

29 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomIllustration purposes only (Image courtesy of SHI) Despite LNG containing less carbon per unit of energy compared to conventional marine fuels, a recent study says this might not reduce GHG emissions on a life-cycle basis.  A paper by the International Council on Clean Transportation takes into consideration the life-cycle GHG

Video: two tankers berth simultaneously at Cameron LNG

29 Jan No Comments gregsamuel_e5x9azx4 LNG World News

 Video source: Sempra LNG Sempra LNG, a unit of Sempra Energy, recently marked a milestone at its liquefaction facility in Hackberry, Louisiana.   In a brief statement through its social media channels, Sempra LNG said it completed simultaneous berthing of two LNG vessels, the Flex Ranger and the Wilpride. The

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