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Toyo Engineering Corp. of Japan has been awarded two engineering and construction contracts in Thailand and Russia as it redirects its core business to petrochemicals after being involved in the global build-out of LNG liquefaction plants and import terminals, including the Sakhalin export facility in the Russian Far East and…
GasLog Partners, the US-listed affiliate of Monaco-based GasLog Limited, said spot charter rates were currently at around $69,000 per day for tri-fuel, diesel-electric vessels as it reported lower fourth-quarter revenue and a 37 percent drop in profits attributed to derivatives losses, the expiry of charters and higher expenses in operating…
Japanese natural gas utility and supplier Shizuoka Gas Co. has signed an agreement with China Clean Energy to deliver LNG volumes in ISO container tanks from its Shimizu import terminal in western Japan in the first North Asian small-scale, export-import deal.
Free ReadNaturgy Group, the Spanish utility with major US and Russian LNG supply contracts as well as businesses such as the Maghreb-Europe gas pipeline and gas distribution in five Latin American countries, pledged to re-establish its Egyptian LNG output as it posted annual net losses of 2.82 billion euros ($3.22Bln) amid…
Thailand’s national energy company, PTT Exploration and Production Public Co, said it would speed up its final investment decision process for its stake in the Mozambique LNG project as it posted annual net profits of 36,202 Thai baht ($1.120 billion), a jump of almost 90 percent on its earnings in…
Wison Offshore and Marine, the Chinese shipbuilding company and builder of the first floating LNG production barge set to be deployed in Argentina, has received approval from the American Bureau of Shipping for its latest Floating Natural Gas-to-Methanol facility, recalling previous methanol and LNG plans for the Tassie Shoal offshore…
Free ReadThe Federal Energy Regulatory Commission has issued an order formerly ending the proposed expansion of liquefied natural gas import facilities in the US territory of Puerto Rico in the Caribbean amid continued problems in the utility sector. “Aguirre Offshore GasPort requests that FERC vacate its 2015 order authorizing the construction…
Sempra Energy, the California-based utility transforming the US Cameron LNG terminal and the Mexican Costa Azul facility into liquefaction and export plants, said it had decided to sell its equity interests in its South American business in Chile and Peru to focus more on North American markets.
One of the main pipelines planned to ship US natural gas to Mexico, whose route is from South Texas to the Mexican state of Veracruz, is scheduled to enter service in the weeks ahead after some hold-ups caused by bad weather and will lessen LNG requirements.
Containerships, the Finnish shipping line and part of the French CMA CGM Group, said its first LNG-powered vessel, “Containerships Nord”, successfully underwent its first marine LNG bunkering at the Dutch Port of Rotterdam.