Illustration purposes only (Image courtesy of Cheniere) Houston-based Cheniere Energy has settled with a regulator the terms and conditions under which it is allowed to eventually bring back into service two LNG storage tanks that have been shut since leakage in January. Following discussions and a hearing with the presiding
Gate LNG volumes triple in Q1
A transshipment operation at the Gate terminal in the Rotterdam port (Image courtesy of Gate) Liquefied natural gas (LNG) throughput volumes at the Dutch Gate terminal rose 210 percent in the first quarter year-on-year, according to the data released by the Port of Rotterdam last week. Total LNG throughput at
Barossa development enters FEED, FID expected by end 2019
zoomImage courtesy of ConocoPhillips Santos and its joint venture partners have sanctioned the start of the front-end engineering and design (FEED) phase for the development of the Barossa project to backfill Darwin LNG. Santos managing director and CEO, Kevin Gallagher, said, “the Barossa FEED decision consolidates its position as the
Top news of the week April 16-21
Image courtesy of Dunkerque LNG NSRA: Boris Vilkitsky LNG carrier breaks Northern Sea Route rules Boris Vilkitsky, the Arc7 ice-class LNG carrier, recently violated a number of safety rules on its voyage to the port of Sabetta, Russian Northern Sea Route Administration (NSRA) said. Global LNG market to tighten from
Cheniere to upsize Corpus Christi LNG financing to $6.4 bln
zoomImage courtesy of Cheniere Cheniere Energy engaged a group of financial institutions to assist in the structuring and arranging of up to $6.4 billion of credit facilities for its Corpus Christi LNG project. Cheniere’s unit, Corpus Christi Holdings will amend and upsize its existing approximately $4.6 billion of credit facilities to increase the available commitments. The
Yinson and Sumitomo eye LNG projects with FPSO, FSU deal
Image courtesy of Yinson Malaysian FPSO service provider Yinson Holdings Berhad signed a long-term memorandum of understanding with Sumitomo Corporation to jointly pursue FPSO and FSU opportunities including those related to LNG projects. Under the terms of the MoU, Yinson shall oversee and conduct the overall project implementation while Sumitomo’s efforts
Freeport LNG’s Train 1 start-up delayed
zoomImage courtesy of Freeport LNG Freeport LNG export facility located near Freeport, Texas, will see its first liquefaction train start up nine months later than initially projected. The start date has been pushed back to September 1, 2019, for the first liquefaction train, mainly due to the effects of Hurricane Harvey
US LNG exports show week on week upturn
Cove Point LNG terminal (Image courtesy of Sumitomo Corporation) Liquefied natural gas (LNG) exports from the United States bounced back after a slight decline during the previous week. The United States Energy Information Administration (EIA) said in its weekly report that its two export facilities shipped a total of seven
Polish duo join forces on LNG bunkering services
zoomImage courtesy of Grupa Lotos Poland’s state-owned gas company PGNiG and its compatriot Grupa Lotos joined forces in providing LNG bunkering services using supplies from the Świnoujście import terminal. The agreement comes following a year-long cooperation that saw the two companies complete 30 LNG bunkering operations at the Remontowa shipyard in
Gabadi to build LNG fuel tanks for 22,000 TEU containership
Image courtesy of Gabadi Narón-headquartered Gabadi won a contract to build four membrane tanks of liquefied natural gas (LNG) tanks for a 22,000 TEU containership being built at the Chinese Jiangnan Shipyard. The value of the contract is at $42.1 million and it is expected to be executed in one year
Snam, Enagás, Fluxys’ €535 mln bid for DESFA accepted
zoomRevithoussa LNG terminal (Image courtesy of DESFA) The Snam, Enagás, Fluxys consortium awarded the tender for the acquisition of 66 percent DESFA, operator of the Greek gas grid and country’s only LNG terminal on the island of Revithoussa. The consortium consisting of Snam, the majority shareholder with an interest of 60