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Mitsubishi Shipbuilding, the Japanese company that designed the LNG carrier with a continuous cover integrated with the ship's hull, is working in cooperation with shipping company Kawasaki Kisen Kaisha (K Line) and Japanese classification society, Nippon Kaiji Kyokai (ClassNK), to conduct tests for a small-scale, ship-based carbon-dioxide capture system.
Free ReadWoodside Petroleum, the Australian liquefied natural gas operator, plans to make the proposed Burrup Hub in Western Australia a globally competitive LNG venture with measures such as debottlenecking the offshore Scarborough gas field. “The debottlenecking we are looking at is aimed at increasing the capacity of the offshore part of…
US LNG exports are expected to take a week or so to reach the levels prior to Hurricane Laura hitting the Gulf Coast as the Sabine Pass and Cameron plants in Louisiana considered their reopening processes after operations were temporarily suspended with controlled shutdowns.
Free ReadRussian energy shipping giant, PAO Sovcomflot (SCF Group) has reported a 149% increase in net profit for the first half of this year, compared to 1H19. The 1H20 net profit was recorded as $951.3 mill, compared to $91 mill in the comparable six months of last year. EBITDA was 54.7%…
Japanese power utilities’ LNG demand has partially recovered thus far this month, due to high temperatures, specifically in western Japan.
Although not as damaging to oil and gas plants as first feared, Hurricane ‘Laura’s’ approach temporarily suspended operations at several US Gulf LNG terminals on Thursday.
China imported 5.03 mill tonnes of LNG in July, up 3.1% year-on-year, but down 13.1% month-on-month, data released yesterday by China's General Administration of Customs showed.
Free ReadBangladesh state-owned Petrobangla has signed an agreement with HSBC to ensure imported LNG bills are paid on time. This deal was dubbed ‘Clean Import Loan’ (CIL), according to local media sources. Bangladesh is currently importing lean LNG under long term deals with Qatar’s RasGas, since merged with QatarGas, and Oman…
Thursday, 27 August 2020
US natural gas prices fell yesterday from the previous day’s session as demand from US LNG plants plummeted ahead of Hurricane ‘Laura’s’ expected landfall.