Illustration only. Image source: Pixabay under CCO Creative Commons license. The price of spot liquefied natural gas contracted in Japan continued its decline in February. Data from the Japanese Ministry of Economy, Trade and Industry (METI) shows the contract-based price reached $7.5 per mmBtu, 8.5 percent below the $8.2 per mmBtu reported
Image courtesy of Cheniere US LNG exporter Cheniere has achieved substantial completion of Train 5 of the Sabine Pass liquefaction project in Cameron Parish, Louisiana. Cheniere said last week that substantial completion of Train 5 was achieved on March 7, 2019, only days after it has reached substantial completion at
Illustration purposes only (Image courtesy of Pakistan LNG) State-owned Pakistan LNG informed that six companies placed bids to supply cargoes in May and June. In a brief statement through its social media channels, Pakistan LNG said that five traders, Trafigura, Gunvor, BB Energy, Vitol Group, DXT Commodities and the State
Image courtesy of Alaska LNG The Alaska Gasline Development Corporation (AGDC) has signed an agreement with BP and ExxonMobil to advance the Alaska LNG project. AGDC said the parties intend on working together to identify ways to improve the project’s competitiveness and progress the Federal Energy Regulatory Commission authorization to
Image courtesy of Cheniere Cheniere takes over Corpus Christi LNG Train 1 control Houston-based LNG player Cheniere and contractor Bechtel said that the Corpus Christi liquefaction project’s first train has reached substantial completion. State-owned PNOC joins $2 bln LNG project The Philippine National Oil Company has joined its compatriot Phoenix
Illustration purposes only (Image courtesy of Repsol) Norwegian ferry operator Torghatten Nord has taken delivery of its two LNG-fueled vessels Huftarøy and Samnøy, built by Tersan Shipyards in Turkey. Both vessels have been delivered from the shipyard to the operator by the Dutch ship delivery specialist, Redwise, the company said
zoomImage courtesy of GasLog GasLog Partners has agreed the GasLog Glasgow liquefied natural gas carrier from its parent company GasLog for $241 million. The GasLog Glasgow is a 174,000 cubic meter tri-fuel diesel electric liquefied natural gas (LNG) carrier built in 2016 and operated by GasLog since delivery. The vessel
zoomImage courtesy of KN Liquefied natural gas (LNG) regasification volumes at Lithuania’s first and only import terminal in the port of Klaipeda reported a rise in LNG revenue despite lower regasification volumes. Terminal operator Klaipedos Nafta said in its latest monthly report that the liquefied natural gas terminals have regasified
zoomImage courtesy of DSME South Korean shipbuilder Hyundai Heavy Industries has signed the formal deal with Korea Development Bank to complete the purchase of its compatriot Daewoo Shipbuilding & Marine Engineering. The new deal valued at around 2 trillion won ($1.8 billion) will see the state-owned KDB that has a
Image courtesy of Port of Vancouver The Vancouver Fraser Port Authority has joined SEA\LNG the multi-sector coalition promoting the uptake of LNG as a marine fuel. The Vancouver Fraser Port Authority is the federal agency of the Port of Vancouver, Canada’s largest port, and the fourth port member to join
zoomPetronas president & CEO Wan Zulkiflee Wan Ariffin (Image courtesy of Petronas) Malaysian energy giant Petronas reported lower liquefied natural gas sales drop for the quarter and the full year 2018. Total LNG sales volume for the fourth quarter of 2018 was lower by 0.66 million tons compared to the
