The US Government forecasts that liquefied natural gas exports will be almost 85 percent higher in 2023 than they were in 2020 and that the nation’s natural gas production will increase in the next two years.
Free ReadGasLog Ltd, the Greek LNG shipping company, has announced executive changes at the top with the decision of Chief Executive Paul Wogan to retire from his position on March 9, 2022. “He will remain, in an advisory role until June 30, 2022 to ensure a smooth transition,” said GasLog. The…
Nakilat, one of the world’s largest LNG shipping operators, has partnered with the American Bureau of Shipping, the US classification society, to develop a decarbonization strategy.
While coal-to-gas switching continues in Asia and more LNG supply is being purchased under contracts the change-over to gas is partially blocked by the surge in coal-fired power to a record high in 2021 with nations pushing up emissions rather than reducing them.
Novatek, the developer of the Arctic LNG II project on the Gydan Peninsula in Northern Siberia, has signed new supply agreements with units of two Chinese companies, the ENN Group and Zhejiang Energy Gas Group.
Free ReadThe American Bureau of Shipping, the US maritime classification society, has awarded approval for the design of a one-side spread mooring system for a floating liquefied natural gas facility to South Korean shipyard and offshore equipment-maker Samsung Heavy Industries. The Approval in Principle (AIP) for SHI will see the FLNG…
US energy and LNG engineering company McDermott International has been awarded a contract by Australian export plant operator Woodside to develop the Scarborough gas field in Western Australia for Pluto LNG.
Eni, the Italian energy company with exploration success in the African continent supplying feed gas for LNG projects from Egypt to Mozambique, has been awarded five new licences by the Egyptian Ministry of Petroleum.
The United Kingdom is expected to receive about half a dozen cargoes of liquefied natural gas in the coming week, including three shipments from the US at the UK port of Milford Haven.
Free ReadExcelerate Energy, the US specialist and a market leader in floating storage and regasfication units (FSRUs), is preparing an initial public offering that will help test the appetite of investors for shares in the natural gas sector of the energy transition. Excelerate has filed with the US Securities and Exchange…