zoomImage courtesy of Polskie LNG Polish oil and gas company PGNiG is scheduled to receive its 50th cargo of liquefied natural gas at the President Lech Kaczyński LNG terminal in Świnoujście. TThus the total LNG volume purchased so far by PGNiG will amount to approximately 5.7 bcm after regasification, PGNiG said
Image courtesy of Santos Australian LNG player Santos, the operator of the GLNG project, reported record sales revenue for the fourth quarter and the year 2018. Quarterly sales revenue hit $1.04 billion, 7 percent above the $937 million recorded in the previous quarter. Santos noted in its report the sales
Illustration purposes only (Image courtesy of Gazprom Neft) Russia’s Gazprom Neft is reportedly considering the development of its own LNG facility in the Arctic as it sizes the monetization options for its natural gas resources. Reuters reports the company is looking at options for the development of its natural gas
Image courtesy of Oil Search The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search reported a jump revenue in 2018 despite the adverse effects from the earthquake that shook PNG Highlands in February. In its report, Oil Search said its sales revenue for the year
Illustration purposes only (Image courtesy of Inpex) First liquefied petroleum gas (LPG) cargo from Inpex’s Ichthys LNG project near Darwin in Australia reached the Kyushu Fukushima terminal on Wednesday. Kawasaki Kisen Kaisha (K Line) noted in its statement that its very large gas carrier (VLGC) Grace River delivered the cargo
For illustration purposes only (Image courtesy of Guangdong Dapeng LNG) China, the world’s second-largest importer of LNG, is continuing to boost its imports of the chilled fuel and has reached a new record high as it is pursuing its strategy for cleaner air. China imported 53.7 million tonnes of LNG
For illustration purposes only (Image courtesy of Tokyo Electric Power) Japanese imports of liquefied natural gas (LNG) imports declined just 0.9 percent in 2018 when compared to the year ago, according to the provisional data released by Japan’s Ministry of Finance. Japan, the world’s top LNG buyer, imported 82.8 million tonnes
Image courtesy of IOC Indian Oil Corporation is reportedly close to commissioning its first liquefied natural gas terminal at Ennore. The Ennore LNG facility is also the first liquefied natural gas import facility on India’s east coast and is part of the state-owned company’s push to cut natural gas shortage
Image courtesy of Gazprom Russia’s giant Gazprom held talks with Japan’s Mitsui & Co. held talks on cooperation in liquefied natural gas projects. Gazprom and Mitsui are already partners in the Sakhalin II project, which includes Russia’s first LNG plant. Current talks focused on Sakhalin II collaboration, following up from the agreement of
zoomIllustration purposes only (Image courtesy of Gasum) LNG bunkering coalition SEA\LNG unveiled its study highlighting “a strong investment case” for LNG as a marine fuel in the container shipping market. The study was commissioned from the independent simulation and analytics company Opsiana in order to provide shipowners and operators in analyzing
zoomIllustration only. Image source: Pixabay under CCO Creative Commons license. Algeria’s Sonatrach has contracted China Harbor Engineering Company to study, supply and build an additional LNG marine jetty and port infrastructure at its Skikda facility. The contract, valued at 53 billion Algerian dinars ($445.4 million), will see the Chinese company build
zoomImage courtesy of N-KOM Nakilat-Keppel Offshore & Marine (N-KOM) said it has received its first floating storage regasification unit (FSRU) project at the Erhama Bin Jaber Al Jalahma shipyard. The FSRU owned by Excelerate Energy will undergo drydocking, maintenance and upgrades at the facility, N-KOM said in a statement. During