zoomImage courtesy of Gazprom Russian gas giant Gazprom said it has built over 1,790 kilometers of its Power of Siberia pipeline, reaching over 83 percent. The company is currently pre-developing the Chayandinskoye field, which serves as the basis for the Yakutia gas production center, with 105 development wells drilled and the core
Elengy readies Fos Cavaou terminal for LNG bunkering
zoomImage courtesy of Elengy Elengy, a unit of the French energy company and LNG player Engie, together with Fosmax LNG, have started works on adapting the Fos Cavaou LNG terminal for LNG bunkering service. In its statement, Elengy said the service will enable the terminal to accommodate smaller vessels with the capacity below
Venture Global bags long-term LNG supply deal with BP
Image courtesy of Venture Global LNG Venture Global LNG, signed a deal with BP for the supply of two million tonnes per annum (mtpa) from its Calcasieu Pass LNG export facility, currently under development in Cameron Parish, Louisiana. Under this agreement, BP will purchase LNG on a free on board basis
Höegh LNG claims first FSRU berth in Australia
zoomImage courtesy of Höegh LNG Norway-based FSRU provider Höegh LNG said its recently delivered floating storage and regasification unit Höegh Esperanza lifted its first cargo at Gladstone Australia. Höegh said in its brief statement on social media this was the first FSRU to berth in Australia. The FSRU is 294m long and 46m
Tokyo Gas receives first Cove Point LNG cargo
zoomImage courtesy of Tokyo Gas Japan’s biggest city gas seller Tokyo Gas received its first cargo produced at Dominion’s Cove Point LNG terminal on Monday, May 21. The cargo was delivered to the Negishi LNG terminal onboard the brand new 177,000-cbm LNG Sakura departed the Cove Point facility on April 22.
FLNG Hilli Episeyo ships its first cargo from Cameroon
zoomImage courtesy of Golar LNG FLNG Hilli Episeyo located offshore Kribi in Cameroon shipped its first liquefied natural gas (LNG) cargo onboard Teekay’s Galicia Spirit. The vessel, chartered by Gazprom Marketing & Trading (GMT) the sole offtaker of the LNG volumes produced by Golar’s FLNG unit, departed the facility on
Harbour ups its bid for Santos
zoomImage courtesy of Santos Australian LNG player Santos received a new, revised takeover bid by the US-based Harbour Energy upping its offer to a total of US$10.8 billion. The EIG Global Energy Partners-backed investment firm upped its bid for Santos shares to US$5.21 per share. However, the proposal is conditional
South Korea: GasLog LNG newbuild launched
Image courtesy of GasLog GasLog’s newest liquefied natural gas (LNG) carrier named GasLog Gladstone has been launched at the Samsung Heavy Industries shipyard in South Korea. The 174,000-cbm LNG tanker is scheduled to be delivered to its owner in the first quarter of 2019, according to GasLog. Monaco-based GasLog signed
Top news of the week May 14-19
Image courtesy of Hoegh LNG Souki: U.S. players need new model to secure $100 bln LNG investment The United States liquefied natural gas market players will have to find a new model enabling them to finance the transition into a true commodity market, as long-term contracts won’t be needed in
Burckhardt to revamp Golar Freeze FSRU’s compressor
zoomImage courtesy of Qatargas Burckhardt Compression has been contracted to revamp the MSO compressor onboard the FSRU Golar Freeze as the vessel is readied for a new charter deal in Jamaica. The Laby-GI Compressor by Burckhardt has been deployed on the vessel for a 10-year period, and was the first
Russia’s Novatek sets up transportation unit
zoomImage courtesy of Novatek Russia’s largest independent natural gas producer, and Yamal LNG project operator, Novatek created a transportation unit called Maritime Arctic Transport. The company created the transport company with the aim to manage and optimize transportation costs, build up the unique competencies of Arctic navigation and ensure centralized
Ophir names interim CEO, as Nick Cooper resigns
Ophir Energy interim CEO Alan Booth (Image courtesy of Ophir) London-based Ophir Energy’s chief executive officer and executive director, Nick Cooper, has stepped down from his position with immediate effect. Cooper will remain an employee of the company at this time and will be leaving after a short handover period, Ophir Energy