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Thursday, 22 August 2024
A third LNGC is believed to be heading for the Arctic LNG 2 export plant in northern Russia, despite being subject to US sanctions. The ‘Everest Energy’, alleged to be a part of the so called ‘dark fleet’ of vessels operated by Russian interests to export LNG, has stopped in…
Wednesday, 21 August 2024
FSRU demand is set to remain strong, Höegh LNG said in its second quarter results presentation.  The company claimed it had secured long-term contracts for its entire fleet of FSRUs, however, the business development team was in active dialogue with several potential new projects looking for FSRU capacity.
South Korean LNG infrastructure developer, GAS Entec together with its group company, AG&P and local partner, Issa Haddadin, has been awarded a contract to build an onshore regasification LNG terminal at Aqaba, Jordan.  The tender was awarded to the consortium by Aqaba Development Corporation (ADC), the state-owned infrastructure company and the…
The second large module for NOVATEK’s Arctic LNG 2 arrived off the site last week, according to ship tracking data.  A fleet of tugs towing the second production train approached the site. 
Australian oil and gas developer, Woodside and the Australian Conservation Foundation (ACF) have agreed to dismiss the latter’s challenge to a primary environmental approval for the Scarborough Energy project.  This project has all the primary environmental approvals in place and offshore work is progressing well, Woodside said. 
Free ReadShip-to-ship (STS) transfer provider, James Fisher Fendercare (JF Fendercare), has successfully completed the first LNG STS transfer offhore Southwold, UK, on behalf of an an energy major. JF Fendercare claimed that it had demonstrated its extensive LNG STS experience, applying high safety and quality standards to the highly complex operation. Due to…
Norwegian ship investor, Ocean Yield has announced that its second quarter 2024 EBITDA was $58.5 mill and adjusted EBITDA was $96.6 mill. Net profit for 2Q24 was $24.3 mill for the quarter.
Monday, 19 August 2024
Heat waves across the East Mediterranean and domestic storage requirements have resulted in Croatia becoming a premium hub in Europe for LNG cargoes, trade sources said. Croatia's LNG imports have been relatively stable, despite the rest of Europe at multi-year lows. Croatia's LNG imports of 206,000 tonnes in July were…
Hanseatic Energy Hub (HEH), a consortium developing the Stade LNG and alternative energy hub, confirmed last week that it had filed suit against the European Commission (EC) to try to block German Government subsidies to rival Brunsbüttel. HEH has taken its case to the EU Court in Luxembourg, arguing that…
Monday, 19 August 2024
Free ReadLNG as a marine fuel appears to be coming back in favour.  Having lost ground to methanol, ammonia and conventional fuels in recent years, several owners have placed or announced plans to place large orders for LNG dual fuelled ships, most notably Maersk Line who have previously been advocating for…