LNG

China's shipbuilding industry is utilising its huge order volume to build more production capacity, while at the same time, expanding into higher value vessels, such as LNGCs (see World Order Book, page 12).

Despite a nuclear-powered LNGC’s investment being around 2.5 times more than a conventional LNGC, a new study has found that the design would substantially reduce fuel costs over the vessel’s operating life.

US-based engineering company, Fluor Corp’s joint venture with JGC Corp has been selected to deliver the engineering, procurement, fabrication, construction and commissioning for Phase 2 of LNG Canada’s export project, to be located in Kitimat, British Columbia.

Singapore’s engineering company and shipyard, Seatrium, has extended the series of LNGC to FSRU conversion projects with Karpowership to nine vessels, thus far.

Lloyd’s Register (LR) has awarded an approval in principle (AiP) to South Korean engineering company, GasEntec for an FSRU design capable of delivering up to 1 bill cu ft of gas per day.

US engineering company, Baker Hughes has signed two agreements to help revitalise Venezuela’s energy infrastructure across the natural gas value chain and to aid the expansion of the country’s energy production.

South Africa’s state-owned Transnet National Ports Authority (TNPA) has issued a request for proposals (RFP) for the appointment of a terminal operator to design, finance, develop, construct, operate, maintain and transfer a small-to-medium scale LNG terminal at East London under a 25-year concession agreement.

Technology group Wärtsilä has signed a five-year service agreement with Greek LNGC owner and operator TMS Cardiff Gas to support the operation of two newbuilding LNGCs.

Indian state-owned oil and gas group, GAIL (India) plans to secure long-term energy supplies by bidding for up to a 26% equity stake in US LNG projects.

Click to Download