Image courtesy of EVOL LNG Wesfarmers’ liquified natural gas business EVOL LNG will begin a major expansion with a 40 percent production capacity increase at its Kwinana production facility by April 2020. EVOL said that the move was driven by growing demand from the mining sector to replace the use
zoomImage courtesy of Terntank Gothenburg-based shipping company Terntank has placed an order for two new LBG/LNG powered tankers on 15,000-dwt with the hybrid battery system and on-shore power at AVIC Dingheng Shipbuilding. The order includes an option for two more chemical/product/biofuels, Terntank said in its statement. The newbuilds are designed
zoomPort of Newcastle; Image courtesy of EPIK EPIK, a South Korea-based LNG project development company, has appointed Australia and New Zealand Banking Group Limited (ANZ) to serve as a financial adviser for its Newcastle GasDock LNG import terminal. ANZ will provide debt and equity advisory services for EPIK’s FSRU project
Corpus Christi; Image courtesy of Cheniere Houston-based LNG exporter Cheniere Energy intends to offer $1.0 billion senior secured notes due 2029 by its wholly-owned subsidiary Cheniere Corpus Christi Holdings (CCH). Cheniere said on Tuesday that CCH intended to use the proceeds from the offering to prepay a portion of the
Polaris LNG artist rendering; Image courtesy of Vard Marine Vard Marine has recently completed the concept design of a new 5,400 cbm LNG bunker barge for Fincantieri Bay Shipbuilding. The barge is being designed for bunkering operations of Polaris New Energy, a marine transportation company formed by NorthStar Midstream. According to
zoomImage courtesy of Klaipedos Nafta Lithuanian LNG terminal operator, Klaipedos Nafta has decided to acquire the floating storage and regasification unit Independence or another FSRU no later than by December 31, 2024. FSRU Independence currently serves as Lithuania’s LNG import terminal in the port of Klaipeda. The acquisition of FSRU
LNG Bayelsa; Image courtesy of Jnzl (Flickr) – used under the CC BY 2.0 license REN’s Sines LNG import terminal on Portugal’s Atlantic coast is set to receive a cargo of liquefied natural gas from Nigeria. The cargo will be delivered from Nigeria LNG’s Bonny Island liquefaction plant onboard the
zoomImage courtesy of Dunkerque LNG Dunkerque LNG the operator of France’s Dunkirk liquefied natural gas (LNG) import terminal said the facility has received fewer cargoes in September, compared to other European facilities. The operator’s sales manager, Pierre Dumont, noted this was due to the differences in use compared to its
zoomFor illustration purposes only (Image courtesy of BW LPG) BW LPG, the world’s largest liquid petroleum gas shipping company, has signed a memorandum of agreement to sell its two remaining large gas carriers (LGCs). BW said on Tuesday that it would sell its 2003-built LPG tankers BW Nantes and BW
The U.S.-based Disney Cruise Line has entered into a memorandum of agreement for three additional LNG-powered cruise ships with the Meyer Werft shipyard in Germany. Image courtesy of Disney Disney said that the three new ships would be powered by liquefied natural gas and would be slightly larger than its
Image courtesy of PGNiG Poland’s state-run gas firm PGNiG has reportedly started the tender process to charter liquefied natural gas (LNG) tankers for its new imports of the super-chilled fuel. According to Reuters, the company currently imports most of the gas it sells to its customers from Russia’s Gazprom, but
