Image courtesy of Shell The Hague-based LNG giant Shell said it has completed the sale of its 22.2 percent interest in the Bongkot field offshore Thailand to PTT Exploration and Production for $750 million. Shell held the interest in the field and adjoining acreage through its two units, Shell Integrated
Poland’s Port of Gdynia, PGNiG plan LNG bunkering barge
zoomThe signing ceremony (Image courtesy of Port of Gdynia) Poland’s state-owned gas company PGNiG and the port of Gdynia located on the country’s northern Baltic coast have signed a deal on liquefied natural gas bunkering that includes the construction of an LNG fueling barge. The duo signed a letter of
Qatari LNG cargo heading for Belgium
Image courtesy of Flex LNG Fluxys-operated Zeebrugge LNG terminal in Belgium is awaiting a cargo of liquefied natural gas from Qatar at the start of July. The 173,400-cbm Flex Endeavor, a recently built MEGI carrier, departed the Qatari LNG complex in Ras Laffan on June 18 and is heading for Belgium.
GasLog lays keel for XDF LNG carrier
Image courtesy of GasLog Monaco-based LNG shipper GasLog laid the keel for its new liquefied natural gas carrier (LNG) being built at the South Korean Samsung Heavy Industries shipyard. The vessel will have the capacity to transport 180,000 cubic meters of liquefied natural gas, featuring XDF propulsion, the company said in
Crowley expands LNG ISO tanks fleet
zoomImage courtesy of Crowley In response to high customer demand in Puerto Rico, Crowley Fuels has acquired 40 additional ISO tanks for its Caribbean unit, to supply, transport and distribute US-sourced LNG to customers on the island. The addition of these tanks brings Crowley’s total equipment fleet to 75 cryogenic
Three commodity traders in race for Pakistan LNG cargo tender
Image courtesy of Pakistan LNG Trading companies Gunvor, Vitol and Trafigura have qualified for a tender to supply Pakistan with six liquefied natural gas (LNG) cargoes in July and August. State-owned company Pakistan LNG said on Wednesday in a tender document it received 11 bids in total from the three
PSA to investigate Hammerfest LNG gas leak
Hammerfest LNG facility (Image courtesy of Statoil/Harald Pettersen) Norwegian Petroleum Safety Authority (PSA) launched an investigation into a liquefied natural gas leak at the Equinor-operated Hammerfest LNG facility on June 17. This incident occurred while a road tanker was being filled with LNG at the Equinor, formerly Statoil, facility at
Shell completes $750 mln equity sale in MLNG Tiga
zoom Shell, through its Malaysian unit Shell Gas Holdings, completed the sale of its 15 percent shareholding in Malaysia LNG Tiga to the Sarawak State Financial Secretary (SFS) for $750 million. The transaction has been dated to September 1, 2017, with the net final consideration paid to Shell after adjustments
Peruvian LNG plant set for maintenance shutdown
Image courtesy of Peru LNG The Peruvian export plant at Pampa Melchorita is scheduled to undergo routine maintenance over a three week period starting July 27. During the three week period, the facility will not be producing liquefied natural gas, David Lemor, Peru LNG’s director of corporate affairs told Reuters.
Cheniere, Cheniere Energy Partners agree merger
Image courtesy of Cheniere Cheniere Energy and Cheniere Energy Partners have reached a definitive agreement under which Cheniere will acquire all of the publicly-held shares of Cheniere Partners Holdings in a stock for share transaction. Under the agreement, Cheniere Partners Holdings’ shareholders will receive a fixed exchange ratio of 0.4750 Cheniere shares for
PNG LNG selling single cargo
Image courtesy of Oil Search Papua New Guinea LNG export facility, operated by the US energy giant ExxonMobil, is reportedly offering a single cargo for sale. Citing sources, Reuters reports the cargo is set for July delivery either on a delivery ex-ship (DES) or a free-on-board (FOB) basis. The cargo
GasLog Partners in Cheniere charter deal
zoomImage courtesy of GasLog GasLog Partners, the New York-listed spinoff of LNG shipper GasLog, said on Tuesday it entered into a new multi-year time charter for tanker GasLog Sydney with a unit of US LNG export player Cheniere. The contract is scheduled to start in 2018. Cheniere has options to