LNG

Gas Natural Fenosa, the Spanish utility and natural gas and LNG player with multinational interests, said it acquired two new LNG carriers at a cost of $450 million in the fourth quarter as its overall profits declined and one of its businesses was seized in Colombia in a dispute over…

GasLog Ltd, the shipping line based in Monaco with a fleet of 27 LNG carriers, said progress had been made with the plan for a liquefied natural gas import hub offshore the northern Greek city of Alexandroupolis to serve customers in both Greece and Bulgaria.

French energy company Total said liquefied natural sales rose by 8 percent in 2016 as new volumes came on stream at the Gladstone coal-seam-gas-to-LNG plant in the eastern Australian state of Queensland and a significant surge in cargoes is expected from stakes in liquefaction plants set to be completed soon…

Chiyoda Corp. of Japan, one of the world’s leading LNG engineering and construction companies, posted a 39.85 billion yen net loss ($355M) in the fiscal third-quarter because of woes in the subsea market and the “prolonged tumble in oil prices” delaying projects.