Cartagena LNG terminal (Image courtesy of Enagás) Spain’s imports of liquefied natural gas rose 1.3 percent in March on a yearly basis, according to the data provided by the LNG terminal operator, Enagás. LNG imports reached 10.6 terawatt hours (TWh) in March as compared to 10.4 TWh in the same
LNG-fueled Viking Grace becomes sailing ship
Image courtesy of Viking Line Finnish shipping company Viking Line dispatched its LNG-fueled cruise ferry, the Viking Grace, on her first voyage equipped with a rotor sail. Developed by Viking Line’s compatriot Norsepower, the rotor sail technology further reduces the fuel consumption and reduce emissions by up to 900 tons annually. Viking Line
US Cove Point LNG terminal enters commercial service
Cove Point LNG (Image courtesy of Dominion Energy) Dominion Energy said on Tuesday that its Cove Point LNG export terminal in Maryland, the second US facility to produce LNG from shale gas, has entered commercial service for natural gas liquefaction and export. “After completing a planned maintenance outage, the facility
China’s Hubei Energy to invest in LNG infrastructure on Yangtze River
zoomIllustration purposes only (Image courtesy of CNPC) China’s Hubei Energy Group is eyeing an investment in the region of 2.6 yuan ($412 million) in liquefied natural gas (LNG) infrastructure on the Yangtze River. The company signed a letter of intent with the Zhejiang city government to carry out the investment
Keppel to build Singapore’s first LNG bunkering vessel
zoomImage courtesy of Keppel O&M Keppel Offshore & Marine, through its unit, Keppel Singmarine, secured a contract with Mitsui & Co to build Singapore’s first dual-fuel bunker tanker, to be owned and operated by Sinanju Tankers Holdings. The tanker is scheduled for delivery in the second half of 2019, Keppel
Top news of the week April 2-7
Image courtesy of Novatek Exelon to buy US Everett LNG terminal from Engie Exelon Generation, a unit of the US energy producer Exelon Corporation, struck an agreement with France’s Engie to purchase the company’s Everett LNG import terminal in the US. WoodMac sees LNG FIDs bumping average project Capex Upstream final
Sovcomflot bags funds for LNG-powered Aframax tankers
Image courtesy of Sovcomflot Russia’s largest shipping company Sovcomflot secured $252 million for its series of liquefied natural gas (LNG)-powered Aframax tankers. The 7-year credit facility has been agreed with a consortium of six international banks including ABN Amro Bank, BNP Paribas, Citibank, ING Bank, KfW IPEX-Bank and Société Générale.
US LNG exports rise, Cove Point loading second cargo
Image courtesy of Cheniere Exports of liquefied natural gas (LNG) from the United States rose in the week ending Wednesday, April 4, the Energy Information Administration said in its weekly natural gas report. Data shows that six vessels, with a total LNG carrying capacity of 21.4 billion cubic feet (Bcf),
Gothia Tanker Alliance’s LNG-fueled tanker ready to start ops
LNG-powered Fure Vinga (Image courtesy of Furetank) Another liquefied natural gas (LNG)-powered vessel is set to join the growing fleet of worldwide vessels using the chilled fuel as main propulsion fuel. The intermediate product and chemical tanker named Fure Vinga is the first of six LNG-fueled vessels ordered by the partners in the
India’s regulator proposes LNG terminal developers registration
zoomImage courtesy of Petronet LNG India’s Petroleum and Natural Gas Regulatory Board (PNGRB) issued draft regulations requiring LNG terminal developers to register with the regulator. Under the draft regulations, besides registering with the board in a scheduled manner, any company looking to set up LNG import terminals will have to
Sinopec gearing for LNG capacity expansion
Illustration purposes only (Image courtesy of Sinopec) China’s Sinopec group is taking steps to double its LNG handling capacity and increase its shale gas production capacity by 2020. The expansion would bump the company’s total natural gas supply capacity to 60 billion cubic meters, combining domestic production and imported volumes.