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Thursday, 09 May 2013
Teekay LNG Partners, the unit of Canada's Teekay Corp. with 29 carriers in its LNG fleet, said cash flow from its operations, excluding equity-accounted vessels, decreased to $51.9 million in the first quarter from $56.8M in the same quarter last year due to dry-docking issues.
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Thursday, 09 May 2013
Australian energy company Santos said it would soon be exporting 3 million tonnes per annum of LNG into Asia markets and said two of its four liquefaction projects were "company-changing" in their scale.
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Thursday, 09 May 2013
Spanish energy company Repsol said adjusted first-quarter operating income for its LNG business was 311M euros ($400M) compared with 158M euros in the same three months last year after an improved performance from its Atlantic LNG stake in Trinidad ahead of its sale with other assets to Royal Dutch Shell.
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Thursday, 09 May 2013
Crowley Maritime Corp., the US owner of 200 vessels and a leading transport services company, has entered the LNG business with the acquisition of Carib Energy, and its plans to supply the fuel using 10,000-gallon ISO tanks for intermodal shipping.
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Wednesday, 08 May 2013
Royal Dutch Shell and partners have attended a keel-laying ceremony at the Samsung Heavy Industries shipyard in Geoje in South Korea for the huge floating LNG hull for the Prelude project offshore northwest Australia.
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Wednesday, 08 May 2013
The US House of Representatives Subcommittee on Energy and Power held a hearing focusing on LNG exports as the major projects still await Department of Energy approval for shipping cargoes to nations such as Japan, China and India.
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Wednesday, 08 May 2013
BG Group of the UK has filed plans for an LNG plant at on Ridley Island at the Port of Prince Rupert in Western Canada with liquefaction Trains almost similar to the biggest in the world in Qatar with capacity of up to 21 million tonnes per annum.
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Tuesday, 07 May 2013
BG Group, the global LNG player, has cast more light on LNG concerns about events in Egypt post-Mubarak (photo below), its liquefaction project ambitions in Tanzania and Kenya, in East Africa, and the challenges of cost increases in Australia at its Queensland Curtis LNG venture.
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Tuesday, 07 May 2013
Singapore has received its first commercial LNG cargo on board the 138,000 cubic metres capacity BG Group carrier "Methane Kari Elin" as the island nation begins an era as an LNG regional trading hub, while boosting energy security with stable supplies of natural gas for its opower system.
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Tuesday, 07 May 2013
Egypt is negotiating to finalize a swap deal involving LNG cargoes from Qatar and its own domestic natural gas output governed by production sharing agreements as a way of retaining the credit status of the Egyptians in international energy markets.
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