Hyundai Heavy Industries of South Korea said it signed five new contracts for LNG carriers, bringing to more than 80 the number of the specialized tankers currently on order worldwide amid a slump in other shipping sectors..
Anadarko Petroleum and Italian energy company ENI signed an agreement that should lead to the common development of a Mozambique LNG project producing 50 million tonnes per annum of LNG, and announced front-end engineering and design competitions for the offshore and onshore portions of the massive venture.
Zeebrugge LNG terminal in Belgium has secured the biggest number of long-term maritime loading agreements ever signed by a regasification facility after booking more than 200 loading slots for smaller ships at its second jetty currently under construction.
Free ReadInpex Corp. took LNG project financing to a new level with its raising of $20 billion for the Ichthys LNG project in Australia, involving eight export credit agencies and 24 commercial banks. The japanese company said the Ichthys project financing was the biggest project financing ever arranged in the international…
Free ReadAustralian coal-seam-gas-to-LNG project developer, LNG Ltd, said it was planning a US production and export venture near Lake Charles Harbour in Louisiana. It said US subsidiary Magnolia LNG filed an application with the US Department of Energy to export up to 4 million tonnes per annum of LNG to countries…
Gazprom is preparing tender documents to hold a bidding procedure in 2013 for front-end engineering and design of the Shtokman LNG plant in the Arctic region of Russia, near the port of Murmansk.
Cheniere Energy Partners signed an LNG sale and purchase agreement with French energy company Total for around 2 million tonnes per annum from a fifth liquefaction Train planned for the first industrial-scale US LNG export plant of the new era at Sabine Pass in Louisiana.
The Asian share of LNG demand is expected to be more than 70 percent going forward and will coninue to exert great influence on the future global LNG market. Our graphic (right) shows where most LNG volumes will be coming from by 2025.
Modec Inc., the Japanese energy production and platforms company, said its mooring system was chosen by Hoegh LNG of Norway for a Floating Storage and Regasification Unit offshore Lampung in Indonesia.
Arrow Energy, the Australian coal-seam gas resource holder and LNG project developer owned by Royal Dutch Shell and PetroChina, has relinquished 1,029 square kilometres of its tenure over 24 properties in the CSG-rich Bowen Basin of Queensland.