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SHI gets approval in principle for LNG boil-off technology

26 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of SHI Classification society ABS has awarded approval in principle (AIP) to Samsung Heavy Industries (SHI) for its X-Reli LNG boil-off gas expander, a part of SHI’s expansion re-liquefaction system. According to SHI, the X-Reli system is optimized for low and medium pressure application, which SHI company says

Commonwealth LNG, Gunvor ink LNG marketing and supply deal

26 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Commonwealth LNG Commonwealth LNG has signed a strategic LNG marketing and gas supply deal with the Swiss trader Gunvor.  Under the agreement, Gunvor will support Commonwealth in securing binding LNG offtake and gas supply agreements for the full capacity of the latter’s LNG export facility in Cameron

Canacol Energy begins production and sale of LNG in Colombia

26 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Jobo; Image courtesy of Canacol Energy Canacol Energy has begun production and sale of liquified natural gas (LNG), the first such operation in Colombia. Canacol said on Monday that the company was also in negotiation with Galileo Technologies to form a joint venture which would install terminals at other locations

India’s October LNG imports edge up

26 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Petronet LNG Imports of liquefied natural gas (LNG) into India rose in October when compared to the corresponding month in 2018.  Data from the oil ministry’s Petroleum Planning and Analysis Cell (PPAC) shows that 2.69 billion cubic meters have been imported during the month under review. This

Flex charters LNG newbuild to Gunvor

26 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Flex LNG Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business, entered into a long-term time charter with Gunvor for its LNG newbuild.  The charter deal is for a total period of 10 years with the first five

LNG Limited extends Magnolia EPC deal validity

26 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of LNG Limited Australian LNG project developer, LNG Limited, has further extended the validity period of the Magnolia LNG engineering, procurement and construction deal with KSJV.  LNG Limited noted in its statement that the $4.623 billion EPC deal is now valid through June 2020. The agreement incorporates the

Qatar Petroleum to hit 126 mtpa of LNG production by 2027

26 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Qatar Petroleum Qatar Petroleum has set its sights on further expanding its LNG production capacity, with the company aiming to raise its current volumes by 64 percent by 2027.  Speaking at a press conference in Doha, Qatar Petroleum president and CEO, and minister of state for energy

Russian natural gas exports to Austria hit new high

25 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Gazprom Russian natural gas exports to Austria have reached a new high during the year so far, heads of the two companies noted during a working meeting in St. Petersburg. Gazprom’s head Alexey Miller with OMV chairman Rainer Seele, discussed the topical issues of cooperation, highlighting, in particular,

Flex LNG transfers first vessel to in-house management company

25 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Flex LNG Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business, has taken over management of its first LNG carrier the Flex Enterprise. The company said through its social media channels that, on November 23, Flex Enterprise was

FSRU Höegh Esperanza returns to Tianjin LNG terminal

25 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Höegh LNG Norway-based floating LNG giant Höegh LNG informed its floating storage and regasification unit Höegh Esperanza has returned to the Tianjin LNG terminal in China. The vessel has recently been operating as an LNG carrier, and Höegh LNG noted in a brief statement through its social

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