zoomImage courtesy of Steelhead LNG Steelhead Asia, a unit of the Canadian LNG export project developer Steelhead LNG, said that Marina Surzhenko has taken the role of Director LNG. Based in Singapore, Marina will be responsible for developing Steelhead’s business in Asia as well as leading the negotiations of LNG
Illustration purposes only (Image courtesy of Nigeria LNG) Nigeria’s Senate will reportedly launch an investigation into an alleged withdrawal of $1.05 billion NLNG funds by the Nigerian National Petroleum Corporation (NNPC) following a vote on Tuesday. NNPC owns a stake in Nigeria LNG together with global majors Shell, Total and
zoomImage courtesy of AES Panama The US energy company AES Corporation, said it has signed a long-term deal to provide regasified liquefied natural gas to a Barrick Pueblo Viejo in the Dominican Republic. Under the 10-year deal AES, through its unit, AES Andrés, agreed to deliver 9 trillion British thermal units
zoomImage courtesy of HAM Spanish LNG services provider HAM, together with Port of Barcelona and Portuguese energy player Galp, opened the first LNG fueling station in the state port system. The facility will allow the supply of liquefied natural gas (LNG) and compressed natural gas (CNG) to trucks and other vehicles,
zoomImage courtesy of Golar LNG Partners Nasdaq-listed Golar LNG Partners, a limited partnership formed by Golar LNG, reported a net income of $49.0 million for the third quarter of the year. Compared to the previous week, the figure represents a jump of 73 percent on the previous quarter and 85 percent on the corresponding quarter last year.
Image courtesy of Cheniere The U.S. Department of Energy (DOE) has approved short-term liquefied natural gas exports from the Cheniere’s Corpus Christi liquefaction project in Texas to non-free trade agreement countries over a two-year period. DOE’s order authorizes initial commissioning volumes and other exports pursuant to short-term contracts from the
zoomImage courtesy of Petronet LNG Petronet LNG, India’s largest importer of liquefied natural gas, reported the highest ever profit for the six month period boosted by record processed volumes. The LNG importer processed a total of 217 trillion British thermal units (tBtu) of liquefied natural gas during the quarter ended
Image courtesy of Höegh LNG Höegh LNG’s Höegh Esperanza has started commissioning for FSRU operations following its arrival at the Tianjin LNG terminal in China. It is currently serving a three-plus-one year FSRU/LNG carrier time charter with CNOOC Gas & Power Trading and Marketing, Höegh LNG said in a statement.
LNG carrier Mesaimeer (Image courtesy of Nakilat) The UK’s South Hook liquefied natural gas terminal (LNG ) located on the shores of the Milford Haven waterway is scheduled to receive a Qatari cargo next week. According to the port shipping data, the Nakilat-owned 216,312-cbm Q-Flex carrier Mesaimeer is expected to dock at
For illustration purposes only (Image courtesy of Air Products) US-based LNG equipment maker, Air Products on Tuesday reported lower fiscal fourth-quarter net income than in the same period a year ago. Net income decreased 4 percent from the comparable quarter a year ago to $452.9 million. Earnings per share were $2.05,
Image courtesy of Golar LNG shipper Golar reported a net income of $66.2 million, nearly doubling on the previous quarter’s $36.3 million. Rising LNG production and ton-miles together with a seasonal increase in trading activity absorbed vessels resulting in improving utilization and increasing charter rates. Fleet utilization increased from 62 percent
zoom Nasdaq-listed Golar LNG Partners, a limited partnership formed by Golar LNG, said Monday that its floating storage and regasification unit (FSRU) Golar Freeze is expected to “shortly arrive” offshore Jamaica. The 125,000-cbm FSRU Golar Freeze will serve a 15-year charter for New Fortress Energy as an import facility supplying new gas-fired