2019 Rewind: Videos of the year
Delek: Leviathan gas flows start
2
Jan
zoomImage courtesy of Delek Delek Group said that partners in the Leviathan project have commenced the supply of natural gas from the field. The capacity of natural gas flow from the Leviathan reservoir is expected to ramp up gradually and accordingly, in the coming days, natural gas supply from the
Gazprom ups Kruzenshternskoye gas field reserves
2
Jan
zoomImage courtesy of Gazprom Russian giant Gazprom said the amount of Kruzenshternskoye’s field’s total gas reserves went up by 22 percent from 1.64 trillion to 2 trillion cubic meters. The increase by 360 billion cubic meters has been the result of geological exploration carried out by Gazprom. The Kruzenshternskoye field
HSHI books LNG carrier order
1
Jan
For illustration purposes only (image courtesy of Hyundai Heavy Industries) Hyundai Samho Heavy Industries, a Hyundai Heavy Industries unit, has booked a new order for a liquefied natural gas carrier. HSHI noted in its filing to the stock exchange that the order was made by an Asian shipping company. The
COSCO Shipping amends VLCC order with LNG-fueled option
1
Jan
zoomIllustration only. Image source: Pixabay under CC0 Creative Commons license. COSCO Shipping Energy Transportation said it has signed a supplemental agreement with Dalian Shipbuilding to use LNG-fueled power for its VLCC on order at the shipyard. The 2020 global sulphur limit imposed by the International Maritime Organization (IMO) will take
KN gets state guarantee for NIB loan
1
Jan
Image courtesy of Klaipedos Nafta Lithuanian government inked a state guarantee agreement with the Nordic Investment Bank providing backing to its LNG terminal operator Klaipedos Nafta regarding the €135.16 million ($148.65 million) loan. The state guarantee agreement secures obligations of the company to the NIB according to the loan agreement
ExxonMobil expands exploration acreage in Egypt
1
Jan
Illustration purposes only (Image courtesy of ExxonMobil) U.S. energy giant ExxonMobil has secured more than 1.7 million acres for exploration offshore Egypt. “These awards strengthen our exploration portfolio in the Eastern Mediterranean,” said Mike Cousins, senior vice president of exploration and new ventures at ExxonMobil. The acquisition includes acreage in
CCI buys Shell’s East Texas, North Louisiana shale assets
1
Jan
zoomImage courtesy of CCI Castleton Commodities International (CCI) has closed on the acquisition of the East Texas and North Louisiana Haynesville Shale assets of BG US Production Company, a unit of Royal Dutch Shell. Pro forma for the acquisition, Castleton Resources will hold approximately 222,400 net acres in the region
Spanish natural gas demand hits highest figures since 2010
31
Dec
Image courtesy of Enagás Spanish LNG terminal operator, Enagás reported that the demand for natural gas in Spain ended 2019 with the growth of 14 percent over the previous year, reaching 398 TWh, the highest figure since 2010. This increase was mainly due to extraordinarily high demand for natural gas
India’s November LNG imports up
31
Dec
zoomImage courtesy of Indian Oil LNG Imports of liquefied natural gas (LNG) into India rose in November when compared to the corresponding month in 2018. Data from the oil ministry’s Petroleum Planning and Analysis Cell (PPAC) shows that 2.64 billion cubic meters have been imported during the month under review.
GasLog cuts steel for 180,000-cbm newbuild
31
Dec
Image courtesy of GasLog Monaco-based LNG shipper GasLog said the first steel has been cut for its HN2311 newbuild at Samsung Heavy Industries. The vessel featuring X-DF propulsion will be capable of transporting 180,000 cubic meters of the chilled fuel. In a brief statement through its social media channels, GasLog