Flex Rainbow/Image courtesy of Polskie LNG The 52nd liquefied natural gas (LNG) cargo has arrived at the President Lech Kaczyński facility in Świnoujście, Poland. Polish LNG terminal operator, Polskie LNG, said via social media on Thursday that the 52nd LNG cargo arrived in Świnoujście at the beginning of the week.
Gabadi starts building LNG tanks for 22,000 TEU containership
Illustration purposes only (Image courtesy of Gabadi) Narón-headquartered Gabadi has started the construction of four liquefied natural gas tanks for a 22,000 TEU containership being built at the Chinese Jiangnan Shipyard. Gabadi noted that this is first such project in China, adding that part of the technicians who will execute its
South Korea’s Jan LNG imports down 7 percent
For illustration purposes only (Image courtesy of Kogas) South Korea, the world’s third buyer of liquefied natural gas (LNG), received 3.83 million tonnes of the chilled fuel in January, a drop of 7.1 percent year-on-year. Qatar, the world’s top LNG producer, remained the dominant source of South Korean imports with
India’s Petronet lines up Driftwood LNG equity investment
Image courtesy of Tellurian US LNG Export project developer, Tellurian signed a memorandum of understanding (MOU) with Petronet LNG on potential investment in the Driftwood LNG project proposed near Lake Charles, Louisiana, on the U.S. Gulf Coast. Driftwood project includes a 27.6 mtpa liquefaction export facility and Driftwood Pipeline is
GasLog posts record profit on high spot earnings
zoomImage courtesy of GasLog Monaco-based LNG shipper GasLog reported record annual profit with spot earnings in a tight LNG shipping market boosting the figures. The company reported a profit for the year 2018 of $47.7 million, which compares to $15.5 million recorded in 2017. Speaking of the results, GasLog’s CEO Paul
France’s GTT bags tank design order for Minerva Gas
Image courtesy of GTT/Roland Mouron French LNG containment systems specialist GTT has received an order from Samsung Heavy Industries (SHI) for the tank design of a new 174,000-cubic meter LNG carrier. GTT said on Wednesday that Samsung Heavy ordered the tank on behalf of ship-owner Minerva Gas. The company added
Higher production boosts Woodside’s 2018 profit
Image courtesy of Woodside Australia’s Woodside Petroleum on Wednesday reported a 28 percent jump in profit as production rose in 2018 to 91.4 mmboe. Profit after tax reached $1.36 billion, the company said in its report with Woodside’s CEO Peter Coleman adding that the rise was “driven by robust operational performance
Chevron pens new long-term LNG supply deal with GS Caltex
Image courtesy of Chevron U.S. oil and gas major Chevron signed a new sales and purchase agreement with GS Caltex Corporation for the delivery of liquefied natural gas (LNG) to South Korea. Chevron said on Wednesday that GS Caltex, a joint venture between Chevron and GS Energy, signed a long-term
Shell taking time with Prelude FLNG commissioning
zoomImage courtesy of Shell The Hague-based LNG giant Shell said it is in no rush with the commissioning process of its Prelude floating liquefied natural gas (FLNG) facility located offshore Western Australia. The company has already started feeding the gas into the pipes in the third quarter last year and opened
Gasum bunkers Finland’s LNG-fueled icebreaker in Pori and Tornio
zoomImage courtesy of Gasum Finish energy company Gasum said it has supplied liquefied natural gas fuel to Arctia’s Polaris, the world’s first LNG-fueled icebreaker at its two facilities in January and February. Polaris bunkered LNG in January from the Pori LNG import terminal and in February from the Manga LNG terminal located
Woodside schedules LNG assets maintenance
Image courtesy of Woodside Australian LNG player Woodside is set to complete a number of maintenance shutdowns on its LNG assets in 2019. Pluto LNG facility is set to undergo one-month maintenance during April-May, a Woodside spokesperson told LNG World News. Last week the facility halted production due to a