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Korea maritime researchers name LPG as green alternative ship fuel

12 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Korea Maritime & Ocean University researchers identify liquefied petroleum gas (LPG) as a low-cost and eco-friendly alternative to marine propulsion fuels. Illustration only; Courtesy of Wärtsilä Although liquefied petroleum gas is a potential eco-friendly alternative, its viability as a maritime fuel has not been assessed so far. Now, a study

Ørsted joins Liquid Wind on FlagshipONE e-methanol project

12 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Offshore wind developer Ørsted will buy a 45% share of power-to-fuel developer Liquid Wind’s FlagshipONE e-methanol project in Sweden to decarbonise the maritime sector. Courtesy of Liquid Wind Ørsted and Liquid Wind have reached an agreement, under which Ørsted will acquire a 45 per cent ownership share of the FlagshipONE

Fincantieri starts building largest LNG bunker barge in US

12 Jan No Comments gregsamuel_e5x9azx4 LNG World News

The construction of the largest US-built liquefied natural gas (LNG) bunkering barge began at Fincantieri Bay Shipbuilding in Sturgeon Bay, Wisconsin on 6 January. Cutting steel for LNG bunker barge; Source: Fincantieri Bay Shipbuilding The barge is being built for the Florida-based marine solutions, transportation and logistics company Crowley that

JAPEX joins North Vietnam LNG terminal project construction

11 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Japan Petroleum Exploration (JAPEX) will participate in the project to construct an LNG terminal in the northern part of Vietnam. Courtesy of JAPAX On 28 December 2021, JAPEX signed a share purchase agreement with ITECO JSC, a company to promote the project. Thus, it will further proceed with the share

Nakilat developing decarbonisation strategy with ABS

11 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Nakilat, a Qatari LNG shipping operator, has formed a partnership with the classification society American Bureau of Shipping (ABS) with the aim of developing a decarbonisation strategy. Courtesy of Nakilat Nakilat said that its project team has worked with ABS sustainability specialists over the past months to map out decarbonisation

GasLog Partners executive takes over as GasLog CEO

11 Jan No Comments gregsamuel_e5x9azx4 LNG World News

The current CEO of Greek owner and operator of LNG carriers GasLog will retire, while the current CEO of GasLog Partners, the company’s GasLog’s New York-listed spinoff, will take over. Illustration only; Courtesy of GasLog Paul Wogan, chief executive officer of GasLog, has informed the board of directors that he

NextDecade postpones Rio Grande LNG FID once more

11 Jan No Comments gregsamuel_e5x9azx4 LNG World News

U.S. LNG project developer NextDecade has delayed the financial investment decision (FiD) on its Rio Grande LNG project once more. Courtesy of NextDecade At the very start of 2022, NextDecade informed it will postpone the Rio Grande LNG project FID once again. According to Reuters, the FID will now take

Top energy transition trends to watch in 2022, as seen by Westwood

11 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Energy intelligence provider Westwood Global Energy and its energy transition team gave us their views on the main trends that oil and gas firms should watch in 2022. According to Westwood, these include national decarbonisation targets, the effects of geopolitics on energy transition, the question of financing the transition, corporate

Haldor Topsøe signs $50.9m loan with EIB for green hydrogen research

11 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Danish CO2-reduction tech company Haldor Topsøe has signed a €45 million ($50.9m) loan agreement with European Investment Bank to support green hydrogen technologies research. Haldor Topsøe has ambitions to become the global leader in carbon emission reduction technologies by 2024. Thus, it signed this loan agreement with the EIB to

Russia’s Novatek and China’s ENN ink Long-Term LNG supply deal

11 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Russia’s natural gas producer Novatek and Chinese energy company ENN have signed a long-term LNG sale and purchase agreement (SPA) for the LNG produced from the Arctic LNG 2 project. Courtesy of Novatek On 11 January 2022, Novatek’s wholly-owned subsidiary Novatek Gas & Power Asia and ENN LNG (Singapore), a

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