Rainer Seele and Alexey Miller at the signing; Image courtesy of OMV Russian giant Gazprom and Austria’s energy company OMV have signed a memorandum of understanding on LNG cooperation. OMV said that the two companies previously agreed that Gazprom would supply 1.2 billion cubic meters of LNG to OMV in
Tango FLNG; Image courtesy of Exmar Belgium’s Exmar, the Nicolas Saverys-led shipowner, has completed the commissioning of the Tango FLNG in Argentina. Exmar said that the performance acceptance tests on the Tango FLNG, formerly named Caribbean FLNG, were successful and that the first cargo was offloaded and would be exported
Image courtesy of Klaipedos Nafta Liquefied natural gas (LNG) regasification volumes at Lithuania’s first and only import terminal in the port of Klaipeda saw a rise in regas volumes in May. The terminal operator Klaipedos Nafta’s data shows that the company’s LNG import terminal and its small-scale LNG facility have
Andrey Vasiliev (L) and Igor Tonkovidov (R) at the signing ceremony; Image courtesy of Sovcomflot Russian shipping company Sovcomflot and Gazprom Neft Marine Bunker have signed a cooperation agreement regarding the implementation of projects for bunkering ships with LNG fuel. Sovcomflot said that the agreement reinforces the mutual interest of
Illustration purposes only (Image courtesy of Shell) Cheniere makes Sabine Pass LNG Train 6 FID Houston-based LNG exporter Cheniere Energy has reached a final investment decision on the construction of the sixth liquefaction train at the Sabine Pass LNG facility in Cameron Parish, Louisiana. Shell’s Prelude FLNG nearing first cargo
Illustration purposes only (Image courtesy of Novatek) Novatek, Total Gas & Power Business Services, Siemens Aktiengesellschaft and JSC Zarubezhneft (Zarubezhneft) signed a memorandum of understanding (MOU) on cooperation in Vietnam. The MOU envisages developing of an integrated energy-generating project with the use of liquefied natural gas (LNG) within Vietnam. “The
zoomImage courtesy of Sovcomflot Russia’s largest shipping company Sovcomflot and VEB.RF Group signed deals whereby VEB Leasing will finance the construction of three new LNG-fuelled MR tankers. Sovcomflot initially placed the order for these three tankers with the Zvezda Shipyard at the end of December 2018. The delivery of the
zoomImage courtesy of Gazprom Neft Gazprom Neft, Repsol and Shell have signed a memorandum of understanding on establishing a joint venture to develop the Leskinsky and Pukhutsyayakhsky license blocks on the Gydan Peninsula. Under this memorandum, the parties plan to have detailed terms in place by the end of 2019,
Image courtesy of Novatek China’s CNPC and CNOOC have both signed share and purchase deals acquiring 10 percent stake each in Novatek’s Arctic LNG 2 project. Both deals are expected to close in the near future following the approvals by regulatory authorities in Russia and China, Novatek said in a
zoomImage courtesy of Höegh LNG Norway-based FSRU provider Höegh LNG said it has signed a 12-year sale and leaseback agreement with China Construction Bank Financial Leasing for its 10th FSRU. Höegh LNG said in a brief statement through its social media channels the deal provides further diversification of its funding
Image courtesy of SHI South Korean shipbuilder Samsung Heavy Industries said it has secured an order for a liquefied natural gas carrier pair. The company informed on Friday that the order for two liquefied natural gas carriers is worth 450 billion South Korean won ($380 million). The company said the
Image courtesy of Kongsberg Kongsberg Maritime will supply a power and propulsion system for Egil Ulvan Rederi’s new LNG-powered multi-purpose cargo vessel. Kongsberg said that the propulsion system featured a Bergen B36:45L6PG gas engine and LNG control and safety system. The propulsion system for the vessel, which is of an