Press

Home » Press»Page 719

Alpha Adriatic, ETCA Caspian dismantle Croatian LNG joint venture

10 Dec No Comments gregsamuel_e5x9azx4 LNG World News

Pula, base of Alpha Adriatic and Uljanik Plovidba LNG; Image by: Orlovic; Source: Wikimedia – under the CC BY-SA 3.0 license Croatia’s Alpha Adriatic and Cypriot ETCA Caspian Limited have decided to shut down its LNG joint venture Uljanik Plovidba LNG. Alpha Adriatic, formerly named Uljanik Plovidba, said in a

Chinese firms offer to resell LNG cargoes due to weak demand

10 Dec No Comments gregsamuel_e5x9azx4 LNG World News

Illustration; Image courtesy of Flex LNG Chinese companies are reportedly offering to resell LNG cargoes in the spot market as they grapple with high inventory amid weak demand due to a slowing economy and a milder than usual winter. Citing several trade sources, Reuters said on Monday that the world’s

Petrobras to lease LNG operations in Bahia

10 Dec No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Bruno Covas; Source: Flickr – under the CC BY 2.0 license Brazil’s state-controlled oil and gas company Petrobras has started a process to lease its Bahia regasification LNG terminal and its integrated pipeline in northeast Brazil. Petrobras said on Monday that the start of the terminal lease

Freeport LNG Train 1 starts commercial operations

10 Dec No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Freeport LNG McDermott International has stated that Train 1 of the Freeport LNG plant on Quintana Island in Freeport, Texas, has begun commercial operations. The start of commercial operations was announced in a joint statement by McDermott and its partners, Chiyoda International and Zachry Group on Monday,

Cooper Energy’s Sole gas field expected to begin in February 2020

10 Dec No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of Cooper Energy) Australian exploration and production company Cooper Energy has not yet started production of gas from its Sole field offshore Australia due to delays in the completion of upgrades on the Orbost gas plant in Victoria. The Cooper-operated Sole gas field is located

Visiongain: Micro LNG market set to grow to $222.7 million by 2030

10 Dec No Comments gregsamuel_e5x9azx4 LNG World News

Illustration; Image by: Jan Arrhénborg / AGA; Source: Wikimedia – under the CC BY-SA 3.0 license The micro liquefied natural gas (LNG) market is set to grow to $222.7 million with over 5 mtpa installed capacity by 2030, according to a business intelligence provider. Visiongain said in its Micro Liquefied

GlobalData: Ocean LNG leads in 2019 contracted capacity

9 Dec No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Golden Pass LNG Ocean LNG leads global long-term LNG contracted capacity signed by purchasing companies in 2019, according to a report by GlobalData. GlobalData said that Ocean LNG dominated in terms of long-term LNG import volumes for contracts signed by key purchasing companies for the year 2019,

Qatargas set to hit ‘best in class’ LNG production target

9 Dec No Comments gregsamuel_e5x9azx4 LNG World News

Town Hall Event 2019; Image courtesy of Qatargas Qatargas’ liquefied natural gas (LNG) production is on target to achieve the “best in class” reliability performance of 98.8 percent while the Ras Laffan refinery achieved strong reliability of 98.6 percent, well ahead of the current year targets. The world’s number one

LNG-fuelled newbuildings to remain minor component of global fleet

9 Dec No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of DSME) LNG-fuelled newbuildings will remain a minor component of the global fleet going forward confirming the conclusions of a 2012 study on the matter, according to Maritime Strategies International (MSI). MSI said that there had been a step up in interest in LNG as

Qatargas’ 2,000th LNG cargo arrives in India

9 Dec No Comments gregsamuel_e5x9azx4 LNG World News

Aseem LNG carrier; Image courtesy of Qatargas The world’s largest liquefied natural gas producer Qatargas has delivered the 2,000th liquefied natural gas (LNG) cargo to India. Qatargas said on Sunday that the cargo, transported on-board the 155,000cbm Aseem LNG carrier, was loaded at the Ras Laffan Port on November 17

Saudi Aramco’s shipping unit to charter up to 12 LNG tankers

9 Dec No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Saudi Aramco Bahri, shipping arm of Saudi Aramco, has reportedly issued an expression of interest (EOI) to charter up to 12 LNG tankers from 2025 in its first foray into the superchilled fuel. Citing industry sources, Reuters said on Monday that Bahri’s EOI was likely part of

© 2018 Lloyds Energy