Image courtesy of Novatek Japan’s Saibu Gas has become the new partner of the Russian LNG project operator Novatek following a heads of agreement signed on Thursday. According to the agreement, the parties intend to establish a joint venture focused on marketing LNG and natural gas to end customers and
zoomIllustration purposes only (Image courtesy of Arctic LNG 2) Arctic LNG 2 partners headed by the Russian largest independent natural gas producer Novatek have reached the final investment decision on the $21.3 billion project on the Gydan Peninsula. The project consists of the development of the Utrenneye field and the
Image courtesy of Novatek Russia’s largest independent natural gas producer Novatek signed a memorandum of understanding on cooperation with India’s largest liquefied natural gas importer Petronet LNG. The MoU envisages delivering LNG supplies from Novatek’s portfolio to the Indian market, including natural gas supplies for power generation, as well as
zoomImage courtesy of GasLog Monaco-based LNG shipper GasLog through one of its units has signed a 10-year time charter with Sinolam LNG Terminal for the provision of a liquefied natural gas floating storage unit (FSU) to a gas-fired power project being developed in Panama. The time charter is expected to
Image courtesy of SHI South Korean shipbuilding giant, Samsung Heavy Industries has concluded a contract with the Russian Zvezda shipyard to build ice-class LNG carriers for the Arctic LNG 2 project. According to SHI’s statement, it has been selected as a technological partner to assist Zvezda with the construction of
zoomImage courtesy of MAN Energy Solutions MAN Energy Solutions said it has inaugurated the 127 MW Maria Gleta natural gas power plant near the city of Cotonou in Benin. The plant was built by a consortium featuring MAN Energy Solutions and BWSC. “The Maria Gleta power plant increases Benin’s capacity
zoomImage courtesy of Novatek Novatek, Russia’s natural gas producer and LNG major, has signed a heads of agreement on creating a joint venture with its compatriot shipper Sovcomflot. According to the agreement, the parties intend to create a shipping company, with the potential involvement of other joint venture participants, Novatek’s
zoomImage courtesy of Commonwealth LNG Commonwealth Projects said that the US Federal Energy Regulatory Commission (FERC) has formally accepted Commonwealth LNG’s filing application. The project encompasses the construction of one liquefied natural gas plant, including six gas liquefaction trains and appurtenant facilities, the company said in a statement on Tuesday.
zoomImage courtesy of Cheniere Houston-based LNG exporter Cheniere Energy reached substantial completion of the second liquefaction train at the Corpus Christi LNG project in Texas. Commissioning is complete and Cheniere’s EPC partner Bechtel Oil, Gas and Chemicals has turned over care, custody, and control of Train 2 to Cheniere. Cheniere
zoomImage courtesy of Sovcomflot Korolev Prospect, Sovcomflot’s LNG-fuelled Aframax crude oil tanker, completed a commercial voyage along the Northern Sea Route (NSR) on Monday. According to Sovcomflot, this is the first time a large-capacity oil tanker has crossed the full length of the NSR using only LNG fuel. The voyage
zoomImage courtesy of Keppel O&M Keppel Offshore & Marine (Keppel O&M) named Singapore’s first dual-fuel bunker vessel under construction at the Keppel Nantong shipyard in China. The vessel named Marine Vicki is owned and will be operated by Sinanju Tankers Holdings, and is set to deliver marine fuels to ocean-going
Image courtesy of government.ru The fleet of Arctic liquefied natural gas carriers planned to ferry the chilled fuel from Novatek’s Arctic LNG 2 project is expected to cost around $4.5 billion. During the meeting of the state-owned VEB.RF Bank supervisory board it was noted that the fleet will consist of