Spot liquefied natural gas cargoes delivered to Japan last month cost $2.20 per million British thermal units more than in the previous month even as market prices were much lower and available volumes were high.
Lloyd's Register, the UK maritime classification society, has signed an agreement with a group of six Chinese companies to design and develop an LNG carrier with membrane-type containment tanks with total capacities of 220,000 cubic metres.
Free ReadExmar, the Belgian fleet owner with LNG assets such as the “Tango FLNG” production hull operating at Bahia Blanca in Argentina, said it had repaid a senior unsecured bond as it reorganised some of its finances and cut costs to underpin its financial future. Exmar said in an update on…
Energy World Corp., the Australian-listed LNG and power project developer in southeast Asia, is making more progress on its Indonesian and Philippines ventures, including the Sengkang LNG production plant, as it successfully completed the installation and start-up of two gas compressor units.
Novatek, the Russian natural company and owner of the Yamal LNG export plant in northern Siberia, has formally ended its re-loading activities offshore the Norwegian port of Honningsvag that saw several million tonnes of LNG transferred from Ice-class carriers to conventional vessels and shipped to European terminals and beyond.
Free ReadSempra Energy, the leading shareholder in the Cameron LNG project in Louisiana, has reached agreement with the engineering, procurement and construction companies, McDermott of the US and Chiyoda Corp., after delays and financial hits and expects the next two Trains to be completed in the first half of 2020. McDermott…
Turkey, Europe’s second-largest liquefied natural gas importer, has deployed a new floating storage and regasification unit at the port of Aliaga, near Izmir.
Singapore LNG spot cargo prices for China, Japan and South Korea declined by up to US$0.28 per million British thermal units, or 5.9 percent, from North Asia to the Middle East and India.
Free ReadThe Dunkirk liquefied natural gas import terminal on the Channel Coast of France said it accommodated 37 LNG carriers during the first five months of the year and in June also received a cargo from the newest US export plant, Cameron LNG in Louisiana. “This intense level of activity is…
India has been relying on more output of natural gas to match increasing liquefied natural gas imports to meet requirements for both power and industrial uses and while LNG imports have risen, they are limited by a lack of a wider network of terminals and pipelines.