zoomImage courtesy of BP UK-based energy giant and LNG player BP, said that with its partners it has reached a final investment decision for Phase 1 of the Greater Tortue Ahmeyim LNG project off Mauritania and Senegal. The decision was made following an agreement between the Mauritanian and Senegalese governments and
Australian LNG export value to hit A$50 bln in FY18-19
zoomLNG vessel Pacific Breeze loading first Ichthys LNG cargo (Image courtesy of Inpex) The value of Australian LNG exports are forecast to hit A$50.4 billion ($35.7 billion) in 2018-2019 as export volumes rise along with the prices. According to a report from the Australian government’s Office of the Chief Economist,
Spain: HAM opens Extramadura LNG fueling station
Image courtesy of HAM Spanish LNG services provider HAM opened the first liquefied natural gas (LNG) compressed natural gas (CNG) station in Extramadura, Merida. HAM said the facility will enable natural gas fueling to vehicles that make the route between Madrid and Lisbon, Portugal. Initially, HAM installed an LNG mobile unit and
LNG Limited, Meridian scrap Magnolia deal
zoomImage courtesy of LNG Limited Perth-based LNG Limited said the Magnolia LNG liquefaction tolling agreement signed with Meridian LNG will not be extended beyond its current date of December 31, 2018. The company said on Friday that the parties have mutually agreed not to extend the agreement that was initially
Polskie LNG floats terminal expansion tender
zoomImage courtesy of Polskie LNG Polish LNG terminal operator, Polskie LNG, started the tender procedure for the expansion of the President Lech Kaczyński facility in Świnoujście. The company is seeking to select a contractor for three key projects within the first Polish LNG import facility, which includes construction of the third LNG storage tank, delivery
German regulator deletes Brunsbüttel LNG connection pipeline from plans
Image courtesy of German LNG Terminal German network regulator, Bundesnetzagentur, noted in its network development plan that the pipeline to connect the proposed Brunsbüttel LNG terminal to the national grid has to be built by the project proponent. The import facility is proposed by German LNG Terminal, a joint venture set up
Snam, Enagás, Fluxys complete DESFA stake purchase
zoomRevithoussa LNG terminal (Image courtesy of DESFA) The consortium consisting Italy’s Snam, Spain’s Enagás and Belgium’s Fluxys has completed the acquisition of a 66 percent stake in Greek natural gas operator DESFA. The purchase valued at €535 million ($613.9 million) has been completed with the Hellenic Republic Asset Development Fund (HRADF)
South Korea’s Samsung Heavy wins $186m LNG carrier order
Illustration purposes only (Image courtesy of SHI) South Korean shipbuilding giant Samsung Heavy Industries on Thursday said it won a new order to build a liquefied natural gas (LNG) carrier. The price tag for the new LNG carrier is 209 billion Korean won ($186 million). Samsung Heavy did not reveal the
ExxonMobil withdraws WCC LNG project in Canada
Facility concept – image is for illustrative purposes only (Image courtesy of WCC LNG) ExxonMobil-led WCC LNG export project proposed at Tuck Inlet in Prince Rupert, British Columbia has been withdrawn. “After careful review, ExxonMobil Canada and Imperial Oil Resources have withdrawn the WCC LNG project from the B.C. Environmental
AIDAnova completes first LNG bunkering during maiden call at Tenerife
zoomImage courtesy of AIDA Cruises The world’s first LNG-powered cruise ship, AIDAnova owned by AIDA Cruises has made its maiden call at the new cruise terminal in Santa Cruz de Tenerife where it completed the first LNG bunkering operation. The vessel took on the first guests onboard in Santa Cruz de
Teekay LNG approves $100 mln share repurchase
Image courtesy of Teekay Teekay has approved a repurchase program to buy back $100 million of Teekay LNG common units in the open market or privately-negotiated transactions. The partnership added that the proposal to allow Teekay LNG to elect to be treated as a corporation, instead of a partnership, for
Crowley takes delivery of its 2nd LNG-powered ConRo
Image courtesy of VT Halter Marine US-based Crowley Maritime Corp. has taken delivery of Taíno – the second of two of its combination container/roll on-roll off (ConRo) ships powered by liquefied natural gas (LNG). The vessel was delivered by shipbuilder VT Halter Marine of Pascagoula, Miss. Taíno will soon join