Image courtesy of HHI South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has joined forces with its compatriot steelmaker POSCO on localizing materials for the liquefied natural gas fuel tanks. The shipbuilder said in its statement that it applied POSCO’s 9 percent nickel steel for fuel tanks used on an
Illustration purposes only (Image courtesy of GTT) French LNG containment system specialist GTT has signed a contract with SAREN B.V. for detailed design and construction of three gravity-based structures (GBS) set for Novatek’s Arctic LNG 2 project. SAREN, a Russian joint venture of Renaissance Heavy Industries Russia and Saipem, awarded
Image courtesy of Cheniere Liquefied natural gas exports from the U.S. increased for the second week in a row, according to data from the Energy Information Administration (EIA). EIA stated in its weekly report that twelve LNG vessels, seven from Sabine Pass, three from Corpus Christi, one from Cove Point,
Image courtesy of AGDC Pakistan’s Universal Gas Distribution Company has signed a deal with ExxonMobil for the supply of liquefied natural gas. With little detail on the volumes and the term of the deal, UGDC noted it is the first private company in Pakistan to receive the gas marketing license.
zoomImage courtesy of Annova LNG Annova LNG filed a request with the Federal Energy Regulatory Commission seeking prompt issuance of an order to site, build and operate an LNG export facility on the Brownsville Ship Channel in Cameron County, Texas. In August last year, the commission issued a notice of
Illustration purposes only (Image courtesy of Excelerate Energy) Texas-based Excelerate Energy received the Notice to Proceed (NTP) from the Philippine Department of Energy (DOE) to develop a floating liquefied natural gas (LNG) import terminal in the Bay of Batangas. The project, Luzon LNG, will supply natural gas to existing and
zoomIllustration purposes only (Image courtesy of Vitol) LNG traders JERA Global Markets and Vitol have executed the first Atlantic LNG freight swap against The Baltic Exchange’s BLNG3 assessment in a bilateral trade arranged by Affinity Financial Products. The BLNG3 assessment provides a freight rate benchmark for LNG shipments between Sabine
zoomImage courtesy of ABS Classification society ABS has granted approval in principle (AIP) to the conceptual design of carbon fiber LNG fuel tanks, inspired by techniques common in the space industry. The new tanks are part of the SpaceTech4Sea project, which sees ABS, OceanFinance, and Cimarron Composites joining forces to
Image courtesy of Fluxys Belgium – E. Manderlier Fluxys Belgium, the operator of the Zeebrugge LNG terminal on Wednesday reported a rise in net profit for the first six months of the year 2019. The company recorded a net profit of €31.4 million ($34.4 million), which compares to €24.2 million
Illustration; Allseas’ Pioneering Spirit vessel; Image courtesy of Nord Stream 2 A contract for the engineering, procurement, construction, and installation of a 260-kilometer gas export pipeline on the Barossa project was awarded to offshore installation and construction company Allseas. One of the partners in the project, Santos, said on Thursday
Image courtesy of Novatek Russia’s largest independent natural gas producer and LNG project operator Novatek has formed ties with Japan’s Mitsui O.S.K. Lines (MOL) and Japan Bank for International Cooperation (JBIC) to collaborate on LNG projects. Under the agreement, the trio will work on developing marine LNG transshipment complexes in
