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The first cargo of LNG from StatoilHydro’s Snøhvit LNG project in Northern Norway to be delivered to the US has arrived at the Cove Point LNG terminal in the state of Maryland.
Four new Q-Flex LNG carriers owned by Qatar Gas Transport Co. and its joint venture shipping partners were named at a ceremony at the Samsung Heavy Industries shipyard at Goje Island in South Korea, and will begin to enter service from April along with three other new carriers.
The huge Shtokman LNG project in the Barents Sea has advanced, with Russia’s Gazprom and its partners, France’s Total and Norway’s StatoilHydro, setting up a development company and starting the front-end engineering and design process.
Technip, the French LNG contractor, posted a fourth-quarter loss and annual profits dropped 37 percent because of “unpredictable cost escalation and a severe shortage of resources” affecting the world’s largest LNG projects in Qatar.
Woodside Petroleum, the Australian LNG operator, said it expected to move forward this year on the Sunrise LNG venture it’s developing with ConocoPhillips, Shell and Osaka Gas of Japan.
The Teekay Corp. LNG carrier “Catalunya Spirit” that broke down due to a loss of propulsion offshore Boston last week is back in service after repairs were carried out onboard by technicians.
Qatargas said it officials attended the ground-breaking ceremony at El Paso's Corp.’s Elba Island LNG receiving terminal in Savannah, Georgia, where additional facilities are being constructed for new LNG supplies coming to the US from Qatar.
RasGas, Qatar’s LNG production company and two carrier joint ventures will this week hold naming ceremonies at two South Korean shipyards for seven more of the new generation large of Q-Flex vessels.
Royal Bank of Scotland recently arranged an $870 million project financing for Gulf LNG Energy's proposed LNG receiving terminal to be located in Pascagoula in the US state of Mississippi.
RWE, Germany's No. 2 utility, said it agreed to pay $500M for 50 percent of US LNG company Excelerate Energy, pioneer of the regasification and storage vessel concept that enables the setting up of offshore or jetty-based import terminals.
