LNG

Free ReadJapanese power utilities received 5.32 million tonnes of LNG In January, an increase of 2.5 percent on the same month a year ago and more than 5 percent higher than in December 2012. The 10 power utilities received 5.19MT of LNG in January 2012 and 5.02MT in December, according to…

ExxonMobil, one of the world's leading LNG producers with its stakes in Qatar, has signed an agreement with the largest Russian oil producer Rosneft to study a multi-Train liquefaction project to monetize the huge natural gas reserves in the Arctic region of Russia.

Det Norske Veritas (DNV) is providing full services for the two newbuilds ordered by Teekay LNG Partners from Daewoo Shipbuilding and Marine Engineering in South Korea and the Norway-based class society said it had played a central role in the LNG fuel propulsion revolution.

The Japanese government has appealed at a meeting in Tokyo for its largest LNG supplier, Qatar, to lower prices as the Japanese bill for the fuel goes ever higher as a replacement for lost nuclear power generating capacity since the Fukushima disaster two years ago.