Image courtesy of Freeport LNG Freeport LNG and Westbourne Capital have executed definitive agreements for a $1.025 billion loan that will fund Freeport LNG’s proposed fourth natural gas liquefaction train on Quintana Island in Freeport, Texas. Under the agreement, Westbourne and its co-investors will exclusively provide the loan to a
Image courtesy of H-Energy India’s H-Energy, a unit of real estate group Hiranandani, signed a port service agreement with Kakinada Seaports (KSPL) at Hyderabad. KSPL has the concession for Kakinada Deep Water Port from Government of Andhra Pradesh. Under the PSA, H-Energy will develop an LNG regasification and reloading terminal
Illustration purposes only (Image courtesy of H-Line Shipping) Hyundai Samho Heavy Industries, a unit of the South Korean shipbuilder Hyundai Heavy Industries, scored an order for a liquefied natural gas carrier. The order is valued at 228 billion South Korean won ($191.1 million), the company said in a filing to
Image courtesy of BW LNG BW LNG, a unit of the Singapore-based gas shipping giant BW Group, said that two liquefied natural gas newbuilds have been named in South Korea. The two vessels under construction at the South Korean Daewoo Shipbuilding & Marine Engineering (DSME) yard, known as H2489 and
zoomImage courtesy of Exmar Belgium’s Exmar, the Nicolas Saverys-led shipowner, reported a deepening loss in the first half of the year. According to a company statement, net loss reached $14.5 million which compares to a $10.2 million loss reported in the corresponding quarter last year. Exmar noted that whilst at
Image courtesy of SSRC Technologies SSRC Technologies, a privately held containment systems company based in Asker, Norway, unveiled its new containment solution for small and mid-scale liquefied gas carriers. In cooperation with Moss Maritime, the patented Type B containment system has been specifically developed for the mid-scale LPG, NH3, Petchem
zoomImage courtesy of Energy Transfer Energy Transfer and Shell have filed a request with the Federal Energy Regulatory Commission to extend its deadline for the completion of the Lake Charles LNG export project. In its filing, Lake Charles LNG noted it is requesting the permit for the project to be
Illustration purposes only (Image courtesy of McDermott) First Gen Corp picks JGC as Batangas LNG EPC contractor Philippine utility First Gen Corporation said it has selected Japan’s JGC Corporation as its preferred EPC contractor for the Batangas LNG terminal project. Arctic LNG 2 partners make FID Arctic LNG 2 partners
Image courtesy of FESCO Russian logistics company FESCO and its Chinese counterparts Best Ship Energy Management and Zhe Jiang Rui Neng Ocean Shipping have partnered up on LNG transport. According to FESCO’s statement, the companies have agreed to develop intermodal transport of liquefied natural gas in tank containers from Russia’s
zoomImage courtesy of Bechtel LNG exports from the three liquefaction plants located on Curtis Island off Gladstone reached 1.79 million tons of LNG in August. The volume was spread across 27 cargoes, data from the Gladstone Ports Corporation shows. Compared to the corresponding month in 2018, when the three facilities
Image courtesy of Gazprom Russian giant Gazprom and South Korea’s KOGAS have voiced readiness to expand their cooperation in the area of LNG. During a meeting at an industry forum in Vladivostok Gazprom’s head Alexey Miller and KOGAS president and CEO Hee-Bong Chae, reviewed the state and prospects of cooperation
