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
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
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
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
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
Titan LNG bunkers Fure West at North Sea Port
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
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
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
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
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
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