Pilbara Clean Fuels said it was making progress with the development of a mid-scale LNG plant for bunkering and to be located at Port Hedland in Western Australia, the world’s largest iron-ore export port.
Stolt-Nielsen Ltd, the Oslo-listed and London-based owner of a small tanker fleet including for LNG through its stake in Avenir LNG, reported a second-quarter net profit of $113.3 million before an incremental loss provision of $155M related to the “MSC Flaminia” fire back in 2012.
Gassco, the Norwegian natural gas pipeline operator and one of the main competitors to LNG, hit a record for summer season deliveries to Europe and will soon be opening its new Polarled pipeline to carry even more volumes from the Norwegian Continental Shelf.
Norwegian shipping company IM Skaugen, owner of a fleet of multi-gas carriers and with small-scale LNG project proposals in the offing, said it has been working to execute a financing plan for the deferment of the 2017 maturity debt with all its lenders.