Burckhardt Compression, the Swiss manufacturer of compressor systems and a service provider for LNG and other markets, has continued its global expansion by agreeing to acquire the 40 percent of Chinese company Shenyang Yuanda Compressor it didn’t already own.
Free ReadEquinor, the operator of the Hammerfest LNG export plant on Melkoya Island in Northern Norway, said the facility would remain shut until September 23 after a gas leak. Emergency services were sent to the plant on September 13 after an alarm was sounded during preparations to restart the plant after…
DNV GL, the leading European classification society, said liquefied natural gas was set to thrive in a strong gas market on the route to energy transition through 2050.
Exmar, the Belgian shipping line with a fleet of more than 40 vessels, posted its best first-half results of recent year and gave an update on the “Tango FLNG” production barge “force majeure” ongoing since June as well as the latest events relating to its financial position as a going…
The US exported six liquefied natural gas cargoes for a second straight week as the Gulf Coast recovered from the recent hurricane, while pipeline natural gas exports to Mexico are forecast to rise and to continue displacing LNG shipments.
Free ReadThe US Freeport LNG export plant at Quintana Island in Texas has been given three more years by the Federal Energy Regulatory Commission to complete its Train 4 expansion at the facility by May 2026. Freeport had previously delayed its own final investment decision on building a fourth Train until…
One of the main sessions of the Gastech Virtual Summit as it wound down after five days was a discussion of Asian LNG demand where Japan will develop new small-scale facilities, China is on a steady upward path for cargo imports and Singapore is determined to lead the field in…
First analyses have begun to emerge on the future impact of Turkey’s huge Tuna-1 Black Sea natural gas discovery announced last month, with estimates suggesting the country could save up to $20 billion in import costs for LNG and pipeline natural gas deliveries.
Free ReadUS liquefied natural gas exports increased to an average 3.7 billion cubic feet per day in August, an improvement of 19 percent over the previous month of July amid rising spot and forward natural gas prices in Europe and Asia, according to the government’s Short-Term Energy Outlook. The report noted…
The latest events at the Gastech Virtual Summit saw many interesting technical presentations, including one marking the steady progress of LNG bunkering operations in the US and centred in the state of Florida.