Over the past decade, the number of South Asian LNG importers has steadily expanded. Whilst most remain relatively small, two of the larger ones – India and Thailand – highlight both ambitious plans as well as potential pitfalls. Markets Editor Alexander Wilk reports.
RWE remains bullish on the Brunsbüttel LNG project on the Elbe River and works towards financial close before June 2021, while Uniper has been forced to re-evaluate its Wilhelmshaven project in the absence of binding bookings. Stade LNG, the largest rival in scale and scope, is holding an open season for non-binding import capacity prior to inviting firm bookings in the first quarter and aspires to take FID around April or May, our Markets Editor Anja Karl investigates.
December trade increased over the robust month-on-month growth seen in November, owed to seasonal Far Eastern high demand. However, not all exporters benefitted but the January outlook suggests continued robust demand, our Markets Editor Alexander Wilk reports.
ABU DHABI National Oil Company’s LNG unit has signed a supply agreement with global commodities company Vitol for the sale of 1.8 million tonnes per annum of cargoes for six years and another two-year deal with French major Total for 750,000 tonnes.
Technical Editor, Ian Cochran investigates.
Finnish-based WE Tech Solutions has received orders to deliver its Solution One Economical Operations systems for at least eight LNGCs in the past few months.
Last year, the major IACS class societies awarded several Approval in Principle’s (AiPs) for various gas carrier and equipment concept designs. Technical Editor, Ian Cochran reports.
Bunker provider Titan LNG is on track to begin development of major new (Bio)LNG bunkering infrastructure in 2021 as fuel price spreads have supported increased optimism about the long-term uptake of LNG. Fuelling editor Malcolm Ramsay reports