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Japan’s LNG imports slip

23 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Tepco Japanese imports of liquefied natural gas (LNG) slipped slightly during the last month of 2019.  According to the provisional data released by Japan’s Ministry of Finance, a total of 6.8 million tons of liquefied natural gas have been imported into Japan during December 2019, 6.2 percent

Stabilis Energy expands LNG sales team

22 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of Stabilis Energy) Stabilis Energy has expanded its domestic liquefied natural gas (LNG) sales team by hiring Forrest Marsh as a Western region sales director. Marsh, who will be based in Denver, Colorado, brings extensive sales and management experience to Stabilis, the company said in

IFM Global contributes Freeport LNG Train 2 interest to Buckeye

22 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of McDermott International Buckeye Partners said its parent company IFM Global Infrastructure Fund has contributed its 57.6 percent equity interest in Freeport LNG’s second liquefaction train to Buckeye.  Freeport LNG started commercial operations at the second liquefaction train of its three-train facility, on Quintana Island, near Freeport, Texas.

SHI delivers Teekay’s first LNG-powered shuttle tanker

22 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Samsung Heavy Industries South Korean shipbuilder Samsung Heavy Industries has delivered Aurora Spirit the world’s first LNG dual-fuel shuttle tanker to Teekay Offshore.  The shipyard noted that it has completed the construction of the 130,000 DWT LNG dual-fuel shuttle tanker, the first in the series of four

U.S. and Qatari LNG cargoes heading to UK

22 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Maran Gas Apollonia (Image courtesy of Maran Gas Maritime) Four liquefied natural gas cargoes are set to be delivered over the coming days to the import terminals in the United Kingdom.  According to the shipping data released by the Milford Haven Port Authority, the first of the four cargoes is

MAN Cryo fuel gas supply system selected for LNG RoRo newbuilds

22 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of MAN Energy Solutions MAN Cryo – MAN Energy Solutions’ marine LNG fuel-gas-system manufacturer –has signed the contract to supply the LNG fuel-gas supply systems to Wallenius SOL, the Swedish shipping line. The technology will be supplied in connection with the building of two RoRo newbuildings in China

Novatek’s total proved reserves up 3 percent

22 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Novatek Russia’s largest independent natural gas producer and LNG project operator Novatek said that the independent petroleum engineers, DeGolyer & MacNaughton, have completed the company’s hydrocarbon reserves appraisal.  Novatek said that as of December 31, 2019, total SEC proved reserves including the company’s proportionate share in joint

Santos hits record production in 2019

22 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Santos Australian LNG player Santos, the operator of the GLNG project, reported record production and revenue for the year 2019.  Santos’ annual production reached 75.5 mmboe, 28 percent above the 58.9 mmboe reported in 2018. Sales volumes for the year 2019 reached 94.5 mmboe, 21 percent above the

McDermott files for Chapter 11 bankruptcy to erase $4.6 bln debt

21 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of McDermott Energy industry contractor McDermott International has filed for Chapter 11 bankruptcy as it looks to eliminate over $4.6 billion of debt.  The company said on Tuesday it has the support of more than two-thirds of all its funded debt creditors for a restructuring transaction that will

Mundra LNG terminal awaits commissioning cargo

21 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of GSPC Following numerous delays, and over a year and a half after its inauguration, Mundra LNG terminal project in India’s Gujarat state could be commissioned this week.  Citing government officials, Times of India reports the facility is set to receive a commissioning cargo on Wednesday, January 22.

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