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Santos’ LNG figures boost third-quarter revenue

18 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Santos Australian LNG player Santos, the operator of the GLNG project, reported a 6 percent increase in production for the third quarter of 2018.  Production reached 15 mmboe, compared to 14.2 mmboe reported in the second quarter of the year. Sales revenue jumped up 10 percent to

Woodside revenue boosted by rising prices

18 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Woodside Australia’s Woodside Petroleum on Thursday reported a jump in sales revenue for the third quarter as prices increased. The LNG player reported sales revenue of $1.16 billion, 25.4 percent above the sales revenue reported in the corresponding period last year. Speaking of the results, Woodside CEO

Tallink inks deal for new LNG ferry

18 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoom Estonia-based shipping company Tallink Grupp and Rauma Marine Constructions signed a letter of intent for the construction of a new LNG-powered shuttle ferry for the Tallinn-Helsinki route. The vessel is expected to cost about 250 million euros ($287m) and will be built at the Rauma shipyard in Finland, according

Japan’s LNG imports rise 7.8 pct in Sep

18 Oct No Comments gregsamuel_e5x9azx4 LNG World News

For illustration purposes only (Image courtesy of Tokyo Electric Power) Japanese imports of liquefied natural gas (LNG) rose 7.8 percent in September when compared to the same month a year ago, according to the provisional data released by Japan’s Ministry of Finance on Thursday. Japan, the world’s top LNG buyer,

China LNG Group inks cooperation deal with DNV GL

18 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomFor illustration purposes only (Image courtesy of China LNG Group) Hong Kong-based China LNG Group said Thursday it signed a deal with classification society DNV GL to cooperate on the entire liquefied natural gas (LNG) chain. Under the non-binding deal, the duo agreed to cooperate in the areas of risk

Iveco LNG-fueled truck sets distance record

18 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of CNH Industrial CNH Industrial said an LNG-fueled Iveco truck completed what is believed to be the longest ever journey by road on a single fill. Setting off from London, the vehicle was pulling a tri-axle box van trailer and running at a gross vehicle weight of 30

Titan LNG bunkers Fure West at North Sea Port

17 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of North Sea Port Titan LNG, the service supplier of liquefied natural gas, completed the first sea-going vessel LNG bunkering operation in the North Sea Port.  The truck-to-ship bunkering operation was carried out at Kluizendok in Ghent, with LNG being pumped to the sea-going vessel Fure West from trucks on

Steelhead LNG submits Kwispaa description to regulators

17 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomProposed Kwispaa LNG site (Image courtesy of Steelhead LNG) Kwispaa LNG, a project proposed by Steelhead LNG, moved to the next stage with the submission of the project description to the British Columbia Environmental Assessment Office and Canadian Environmental Assessment Agency. The project description provides an overview of Kwispaa LNG

Gasum’s revenue boosted by natural gas, LNG business

17 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Gasum Finish energy company Gasum reported a jump in the nine-month revenue figures for the year 2018, boosted by the performance of its natural gas and LNG business units.  The company’s revenue totaled €827.4 million, 22.5 percent up on €675.7 million recorded during the corresponding period last year.

Novatek, Fluxys plan Rostock transshipment LNG terminal

17 Oct No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Rostock Port Yamal LNG operator Novatek and Belgium’s Fluxys signed a land lease agreement with the Rostock port to build a mid-scale LNG transshipment terminal. The joint venture will design, construct, finance, own and operate a mid-scale LNG transshipment terminal with a capacity of approximately 300 thousand

PGNiG confirms Venture Global LNG supply deals

17 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of PGNiG Polish Oil and Gas Company (PGNiG) said it has executed two liquefied natural gas supply deals for the delivery of chilled fuel from Venture Global’s Calcasieu Pass and Plaquemines projects. The long-term binding deals were signed late September following the corporate approvals, PGNiG said in a

Trinidad and Tobago’s Aug LNG production up 20 pct YoY

17 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Trinidad onshore compression project (Image courtesy of BP) Trinidad and Tobago’s liquefied natural gas (LNG) production increased 20 percent year-on-year in August to 2.51 million cubic meters. When compared to the month before, production at Atlantic LNG’s 14.8 mtpa Point Fortin facility rose 0.7 percent, according to the monthly data

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