Singapore-based private company LNG-9 has withdrawn from a deal to buy the Australian-listed export project developer LNG Limited. The two companies announced the all-cash takeover bid at the end of February under which LNG Limited shareholders would have received $0.13 in cash per share. However, in the meantime, LNG Limited
South Korean shipbuilding giant Samsung Heavy Industries has received an order to build two liquefied natural gas-powered very large crude carriers. The order worth 253.6 billion Korean won ($209.2 million) was placed by a Bermuda-based ship owner, Samsung said on Tuesday. Samsung did not reveal the name of the company
German giant Volkswagen Group said it will soon have at disposal two LNG-fueled vessels it chartered from Siem Car Carriers. The two LNG-powered ships in Xiamen, China (Image courtesy of Volkswagen) The sister vessels named Siem Confucius and Siem Aristotle during a ceremony at Xiamen Shipbuilding’s yard in China last
Ørsted and ITM Power are working on a design concept to integrate hydrogen electrolysers into offshore wind turbines. The project proposes an electrolyser placed in the turbine tower or very near it, directly electrically connected to the DC link in the turbine, with power flow control and water supplied to
Poland’s Grupa LOTOS signed an agreement with LOTOS Paliwa and Remontowa LNG Systems to build a pilot LNG fueling station in Gdańsk-Osowa. LOTOS expects to start commercial operation at the LNG fueling in mid-2021. Specifically, the facility will enable the refueling of LNG and CNG-powered vehicles. The cryogenic condenser will
The Federal Energy Regulatory Commission is temporarily suspending an environmental assessment of a proposal to bring the closed Kenai LNG plant in Alaska back online as an import facility. FERC said on April 8 it would suspend the environmental review for the project until the U.S. Pipeline and Hazardous Materials
LNG exports from the three liquefaction plants located on Curtis Island off Gladstone reached 1.82 million tons during March 2020. Gladstone Ports Corporation shows the three liquefaction plants exported a total of 28 cargoes. Compared to February 2020 this is a 2 percent increase. Gladstone LNG plants exported a total
Annova LNG received the air quality permit by the Texas Commission on Environmental Quality. The commission considered the application by Annova LNG during an online meeting, granting an air quality permit for the project. Additionally, TCEQ considered rehearing requests filed by the project opponents. However, the commission turned down all
Peruvian liquefied natural gas (LNG) facility in Pampa Melchorita saw an increase in volumes exported during the month of March. According to the data provided by the state-owned Perupetro, a total of five cargoes departed the facility during the month. The vessels lifted a total of 809,192 cubic meters of
Russia’s largest independent natural gas producer Novatek boosted its production in the first quarter of this year while the company’s sales decreased. Yamal LNG project (Image courtesy of Novatek) Novatek said Thursday that natural gas production rose by 2.2 percent year on year to 19.1 billion cubic metres. The Russian
China’s Sinopec started constructing additional storage tanks at its liquefied natural gas import terminal in Tianjin. The construction of five 220,000 cubic metres LNG storage tanks is a part of the second expansion phase of Sinopec’s Tianjin terminal. The expansion also includes an additional jetty for LNG carriers. Once finished
