zoom Japanese imports of liquefied natural gas (LNG) rose 2.7 percent in May as compared to the same month a year ago, according to the provisional data released by Japan’s Ministry of Finance. Japan, the world’s top LNG buyer, imported 6.4 million tonnes of LNG last month. LNG imports rose in
Image courtesy of Ferus Smit Shipyard Thun Tankers, a member of the Gothia Tanker Alliance, said its LNG-fueled chemical tanker Thun Eos was launched at the Ferus Smit Shipyard in Westerbroek, The Netherlands. The vessel, Nb 443, named Thun Eos is the first vessel in a series of four E-class oil/chemical
zoomThe proposed Driftwood LNG (Image courtesy of Tellurian) The Houston-based LNG export project developer Tellurian intends to offer 12 million shares in an effort to fund the pipeline development and secure working capital. The company expects to rake in $118.8 million before underwriters’ compensation and estimated expenses, the statement reads. The company
zoomImage courtesy of Gas Natural Fenosa Spanish LNG player Gas Natural Fenosa and the Algerian company Sonatrach have signed an agreement to renew the gas procurement contracts from Algeria to Spain spanning to 2030. These contracts currently represent more than 40 percent of Gas Natural Fenosa’s overall gas procurement, the
zoomImage courtesy of LNG Croatia Croatian parliament passed the law allowing the construction of the floating liquefied natural gas (LNG) import terminal on the island of Krk despite local councils’ opposition. The facility, that has received the backing of the European Union is aimed to at reducing EU’s dependence on
zoomImage courtesy of the Office of the President of the Republic of Lithuania Lithuanian and Dutch energy companies discussed avenues for cooperation in the areas of liquefied natural gas (LNG) and renewable energy during an energy forum in the Baltic state. The company names included the Hague-based LNG giant Shell
Image courtesy of Singapore LNG Commodity trader Trafigura and Singapore LNG Corporation (SLNG) have signed an agreement for storage and reload services at the SLNG terminal on Jurong Island. This is the second such agreement that Trafigura has signed with SLNG to utilize the excess liquefied natural gas storage capacity
Image courtesy of Shell Shell’s Prelude FLNG receives test cargo Shell’s Prelude FLNG facility off the Australian coast saw the first gas introduced onboard as the LNG carrier Gallina delivered a cargo to the unit from Singapore. Nakilat forms FSRU pact with Excelerate Energy Qatar’s Nakilat, the world’s largest liquefied
zoomImage courtesy of MSC Cruises MSC Cruises said it has ordered its fifth Meraviglia class liquefied natural gas (LNG)-fueled cruise ship at the STX France shipyard. Besides the dual-fuel engines designed to run on LNG, the vessel, scheduled for delivery in 2023 will also feature an advanced wastewater treatment system compliant
Image courtesy of Cheniere Liquefied natural gas (LNG) exports from the United States decreased in the week ending June 13, the Energy Information Administration said in its weekly natural gas report. Four LNG tankers with a combined cargo capacity of 14.6 Bcf departed the United States during the week under review,
Image courtesy of BAM International BAM International said that its joint venture with Iconsa, a marine construction company active in Panama, said it has completed work on the Costa Norte LNG terminal. In a brief statement on its social media channels, BAM International informed that work on the LNG import
zoomIllustration only. Image source: Pixabay under CC0 Creative Commons license. US LNG export project developer, NextDecade intends to join the Russell 2000 and Russel 3000 indices as part of the 2018 Russell indices reconstitution, taking effect on June 22, 2018. Russell indices are widely used by investment managers and institutional investors