Image courtesy of Maran Gas Maritime The UK’s Dragon LNG terminal is scheduled to receive a liquefied natural gas cargo from Cheniere’s Sabine Pass export facility in Louisiana. The cargo is being delivered onboard Maran Gas Maritime’s newbuild, the 173,400-cbm Maran Gas Spetses. The shipping data shows the vessel is scheduled to
Seaspan Corporation eyeing Vietnamese LNG-to-power project investment
zoomImage courtesy of Swiber Seaspan Corporation, the independent containerships operator, signed a $200 million investment term sheet with the Singapore-based EPC company Swiber Holdings. The deal would be completed in two tranches, one of which would include a potential investment in a $1 billion LNG-to-power project in Vietnam. The first
New LNG carrier for Japan’s Tokyo Gas named “Energy Glory”
zoomImage courtesy of NYK A brand new liquefied natural gas (LNG) carrier being built for Japan’s Tokyo Gas was named on Wednesday at the Tsu shipyard of Japan Marine United Corporation. The 165,000-cbm LNG carrier named “Energy Glory” is jointly owned by NYK and Tokyo LNG Tanker, a unit of Tokyo
Australia’s LNG earnings grow on higher volumes, oil prices
Image courtesy of Chevron Australian liquefied natural gas exports fetched $31 billion during the 2017-2018 period, with 62 million tons exported during the period. The figures made LNG the country’s third largest resource and energy export, the country’s Department of Industry, Innovation and Science shows in its quarterly report. Export volumes
Russian LNG player Novatek ties up with Germany’s Siemens
For illustration purposes only (Image courtesy of Novatek) Russia’s largest independent natural gas producer and LNG operator, Novatek has signed a partnership and cooperation deal with German engineering giant Siemens. Under the deal signed on Wednesday, the duo plans to strengthen and develop the strategic partnership and cooperation in various
Australia’s east coast LNG producers ink new domestic gas deal
zoomImage courtesy of Santos GLNG Australia’s east coast liquefied natural gas (LNG) exporters have signed a new deal with the federal government to help counter domestic gas supply shortages. Representatives of the three LNG export projects on Curtis Island and the government signed an extended heads of agreement on September
Singapore’s MPA advances LNG bunkering efforts
Image courtesy of MPA Singapore’s investment in liquefied natural gas as a marine fuel has reached $19 million as it continues its strategy of becoming the largest LNG bunkering hub. Speaking to Reuters during a conference, Alan Lim, deputy director at the Maritime and Port Authority of Singapore, said the development
BP, Aker BP in technology pact
zoomFor illustration purposes only (Image courtesy of BP) UK-based energy giant and LNG player BP has signed a ventures cooperation agreement with Aker BP to explore possible areas of cooperation in the development and deployment of advanced technologies in their businesses. Through their planned strategic alliance, the duo intends to explore
Boskalis starts LNG Canada dredging works
zoomImage courtesy of Boskalis Royal Boskalis Westminster will execute a €100 million ($115 million) dredging deal at the LNG Canada export facility in Kitimat, Canada following the final investment decision by the shareholders. The dredging scope includes the removal and remediation of contaminated and non-contaminated sediments at the site of
NYK Line signs LNG newbuild charter deal with Total
Image courtesy of NYK Line Nippon Yusen Kaisha (NYK Line) signed a seven-year contract with Total Gas & Power Chartering, a unit of Total, for a newbuild LNG carrier. The contract includes a one-year extension option NYK Line said in its statement. The new vessel will be built by Samsung Heavy
Glencore eyeing Philippine LNG project
zoomIllustration purposes only (Image courtesy of Glencore) Swiss commodity trading and mining company Glencore is reportedly eyeing involvement in a liquefied natural gas import project in the Philippines. Citing sources close to the matter, Reuters reports the project would include a floating storage regasification unit (FSRU) delivering regasified natural gas
Fluor to book $8.4 billion following LNG Canada FID
Image courtesy of LNG Canada US engineering giant Fluor is to book $8.4 billion from its share in the LNG Canada contract following the positive final investment decision announced by the Shell-led project on Tuesday. Fluor’s joint venture with Japan’s JGC Corporation has been previously selected to provide the engineering, procurement, fabrication and construction on the