V.Group expands its LNGC shipmanagement offering
David Taylor, recently appointed Managing Director of LNG at shipmanagement company V.Group, spoke with Technical Editor Ian Cochran about the reasoning behind the move to upgrade the LNGC management department.
Danish pump manufacturer concentrates on LNG
LNG Journal’s Technical Editor, Ian Cochran, spoke with Svanehøj Danmark A/S about the company’s transition into a more specialist pump supplier to the LNG market, since it split from the Wärtsilä group a few years ago.
Regulations as an accelerator for change
The Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indicator (CII) are prompting LNGC owners and charterers to think fast and make operational technical changes sooner than otherwise planned. Vassilios Dimoulas, Bureau Veritas (BV) Marine & Offshore Technology & Innovation Manager for Greece, Cyprus, and Malta, explains.
Gazprom Neft progresses LNG bunkering plans
Unpredictability in gas prices presents a continued obstacle for the LNG bunker industry but is unlikely to dampen ‘rapid growth’ in 2021. Russian bunkering company Gazpromneft Marine Bunker tells LNG Journal.
Market Tracker - August 30, 2021
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Delayed Portovaya LNG Approaching Start-up
The appearance of project-earmarked FSU Portovyy hints at commercial start-up of Portovaya LNG in the near future. However, the plant has been subject to repeated delay since 2018 and the Portovyy has yet to make way to its berth. Concurrently, Nord Stream 2, due to double Nord Stream capacity, has to decide on how to incorporate certain EU regulations in its business model.
Pakistan tender price
Vitol Bahrain and Total Gas & Power have placed the lowest offers for a Pakistan LNG tender to buy seven LNG cargoes.
The cargoes are intended for October and November delivery, according to the company’s website.
Three companies participated in the tender, including PetroChina International. Vitol placed the lowest offer for five of the cargoes and Total for the other two.
Prices ranged from $17.1449 per MMBtu to $22.5866 per MMBtu.
The tender closed on 24th August but remains valid.
Market Tracker - August 23, 2021
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BP Wins Approval for Tangguh LNG-supporting Projects
Indonesia’s hydrocarbon regulator SKK Migas has approved two important BP-led projects to support capacity expansion and future LNG production at the Tangguh plant. Whilst BP plans to implement environmentally friendly carbon capture technology, uncertainty surrounding government regulations remains.
Monthly Data Supplement - August 2021
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