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Chinese shipyard Wison Offshore and Marine has completed four modules to make up the first liquefaction Train at the Arctic LNG II export plant being developed on the Gydan Peninsula in northern Siberia and the equipment was scheduled to be shipped during September.
Free ReadJapanese liquefied natural gas imports jumped for a third month in July with higher volumes arriving from all regions apart from the Middle East at prices over 40 percent higher than a year ago, while thermal coal shipments for power use also jumped as the nation hosted the Olympic Games.…
This could derail procurement plans and increase power prices, especially if temperatures drop sharply similar to the cold snaps seen in the previous winter season, S&P Global Platts said in a report.
HMLP generated operating income of $24.1 mill, net income of $2.6 mill and limited partners' interest in net loss of $1.2 mill for 2Q21 compared to $27.7 mill, $19.7 mill and a positive $16  mill for the second quarter of 2020, respectively. 
This agreement is aimed at commercialising a solution for small-to-mid scale LNG production. 
However, the slowdown is not thought to influence the current surging international LNG prices.
In all of its interests, contracted 2021 revenue is at least $1 bill in the first half of this year.
Depending on the strategy adopted, more than 25% of overall carbon emissions could be removed. With pressure increasing on LNG players to cut emissions, significant steps are required to de-carbonise portfolios.
There are only 15 km left to complete the pipeline, which bypasses Ukraine, Russian President, Vladimir Putin said last week.
The company posted a net profit of posting a net profit after tax (NPAT) of $139 mill and the highest free cash flow since the 2018 Papua New Guinea (PNG) earthquake.