Swedegas, the Swedish gas network operator and liquefied natural gas distributor, said its LNG bunkering station at the Port of Gothenburg is ramping up for growing demand expected from Nordic shipping companies as using clean-fuel also qualifies operators for lower port charges.
Flex LNG, the growing LNG shipping company with four vessels operating and nine others on order and whose shareholders include trusts connected to Norwegian magnate John Fredriksen, reported rising third-quarter revenues of $19 million and a booming winter charter market.
MISC Berhad, the Malaysian shipping line, has taken its liquefied natural gas fleet to 30 vessels by acquiring two older ships from Italy’s energy company Eni and chartering them back to the Italians in a deal with the potential for the carriers to be future conversions for floating LNG projects.
KBR Inc., the leading US liquefied natural gas engineering company, said it was retained by the Papua New Guinea Department of Petroleum to provide consulting, advisory and engineering services for multiple projects linked to the Oceania nation’s LNG expansion.
After a 20-year decline in natural gas production in US federal waters of the Gulf of Mexico, a total of 16 production fields are currently in start-up mode, according to a report from the US Department of Interior.
Wintershall, the German oil and gas major, has purchased a 10 percent stake in the Ghasha natural gas mega-project in Abu Dhabi in the United Arab Emirates, boosting the future merger between Wintershall and Deutsche Erdoel AG (DEA) set for 2019.
CNP Corp., the Taiwanese energy company, said it received its first cargo on November 26 from the Ichthys LNG export plant in the Northern Territory of Australia, as the Asian country claimed as part of China broadens its supply sources.
The owners of the Yamal LNG plant in the Arctic region of Russia are ramping up its cargo deliveries to Asia and the European trans-shipment market as the three-Train facility is now fully on stream.
Pieridae Energy, the Canadian exploration and production company and developer of the Goldboro LNG export project in Nova Scotia with German-backed funding and sales accords, reported a net loss in its latest earnings as it awaited the completion of an acquisition.
French natural gas network operators, GRTgaz and Terega, are confident they have lined up sufficient underground storage and supplies of LNG to ensure the smooth operation of the nation’s gas system throughout the winter.