Illustration only. Image source: Pixabay under CCO Creative Commons license. Shipping services group Clarksons completed the first LNG freight futures trades on CME between commodity traders Vitol and Trafigura at the end of December 2019. The trade was a first-quarter 2020 spread between BLNG1 Gladstone to Tokyo RV and BLNG2
Elba Island LNG moves closer to starting exports
zoomImage courtesy of Kinder Morgan Kinder Morgan-led Elba Island liquefaction project near Savannah, Georgia has received the green light to introduce hazardous fluids to MMLS unit #5. Elba Liquefaction Company and Southern LNG Company have filed the request on December 23, 2019, with the Federal Energy Regulatory Commission to introduce
Peruvian December LNG drop
Image courtesy of Peru LNG Exports from the Peruvian liquefied natural gas (LNG) facility in Pampa Melchorita edged down during the month of December. According to the data provided by the state-owned Perupetro, five vessels departed the facility, with volumes totaling 824,234 cubic meters of the chilled fuel. This represents
Flex LNG launches newbuild at DSME
Image courtesy of Flex LNG Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business, saw another one of its newbuilds hit the water at the South Korean Daewoo Shipbuilding and Marine Engineering (DSME) shipyard. Flex LNG noted in a brief statement
Top news of the week Dec. 30, 2019-Jan. 4, 2020
Image courtesy of Enagás Nigeria LNG makes Train 7 FID Nigeria LNG has made the final investment decision (FID) for its Train 7 project, which will increase the NLNG facility’s production capacity by 35 percent. BW LNG: BW Magna FSRU modification complete BW LNG, a unit of the Singapore-based gas
2019 Rewind: Fourth quarter highlights
Image courtesy of Sempra Energy FERC approves Driftwood LNG site preparation work U.S. energy regulator has approved Tellurian’s request to start site preparation work at its $27.5 billion Driftwood liquefied natural gas (LNG) export project in Louisiana. German LNG Terminal shortlists EPC contractors German LNG Terminal, the joint venture behind
2019 Rewind: Third quarter highlights
Image courtesy of Excelerate Energy McDermott nets Arctic LNG 2 modules fabrication job McDermott International said that its Chinese joint venture Qingdao McDermott Wuchuan Offshore Engineering has been awarded the Arctic LNG 2 modules fabrication job. First Gen Corp picks JGC as Batangas LNG EPC contractor Philippine utility First Gen
2019 Rewind: Second quarter highlights
Image courtesy of Freeport LNG Bechtel scores $9.5 bln Rio Grande LNG EPC deal US LNG export project developer NextDecade has signed two contracts with Bechtel for the engineering, procurement, and construction (EPC) of NextDecade’s Rio Grande LNG project in Brownsville, Texas, totaling $9.565 billion. Port Arthur LNG given green
2019 Rewind: First quarter highlights
Image courtesy of Petronas Australia’s Woodside awards Scarborough contracts Australian LNG operator Woodside has awarded four contracts for front-end engineering design activities for its proposed Scarborough gas project offshore Western Australia. Petronas relocates PFLNG Satu off Sabah Malaysian energy giant Petronas has relocated its floating liquefied natural gas unit, the
Gasum: Gasgrid Finland starts TSO ops
zoomImage courtesy of Gasum The Nordic energy company Gasum noted that the Finnish gas market has opened up to the competition and the wholesale of gas and transmission network has been unbundled from each other 1 of January 2020. The new gas transmission network company, Gasgrid Finland is responsible for
2019 Rewind: Year of FIDs
The year 2019 got into its stride quickly in terms of final investment decisions as LNG Croatia, the state-owned company has sanctioned the construction of the floating liquefied natural gas terminal on the Island of Krk in February. Image courtesy of LNG Croatia The project is backed by €101.4 million