LEAD STORY
Three potential LNG hubs jockeying for position in SEE region
Written by AJ KotzeGreece, Turkey and Bulgaria are striving to (re)position themselves in a shifting gas market in the SEE region. All three are facing individual challenges and risks stemming from the quest for market dominance, writes Markets Editor Alexander Wilk.
North American LNG to play pivotal role as market moves into deficit
Written by AJ KotzeEconomic rebound from the pandemic, followed by the outbreak of the Russia-Ukraine conflict, quickly moved the LNG market into deficit – doubling the value of global imports to US$450 billion in 2022. As production increases to meet rising demand, growth will be largely concentrated within the US and Qatar. Aneesh Prabhu, Sector Lead, North American Infrastructure at S&P Global Ratings, investigates.
Also in this issue
February trade continued to slide but was up over 2022
Written by AJ KotzeOur February data show weaker LNG output globally although exports were still up year-on-year. Meanwhile, global net demand continued to slacken, our Market Editor Alexander Wilk reports.
Micro liquefaction plants for small-scale operations
Written by AJ KotzeWith the world seemingly concentrating on liquefying and regasification plants, plus exporting and receiving terminals to be able to handle LNG on a large scale, there are other opportunities at the smaller end of the operation. Technical Editor Ian Cochran reports.
Glasgow, UK-based Ti Group has designed, manufactured and installed the insulation systems for Type B fuel tanks to be fitted on ultra large containerships.
Swiss-based marine power company, WinGD has launched a pilot project for a new engine diagnostics solution, which is being tested on an LNGC.
The use of 3D digital twins in ship design offers the opportunity to streamline the certification process and advance development of LNG bunker vessels, following the recent introduction of the Open Class 3D Exchange (OCX) standard. Fuelling Editor Malcolm Ramsay has more.
A round-up of latest events, company and industry news
Written by AJ KotzeAFRICA OIL Corp., a Canadian energy company based in Vancouver and with producing and development assets in deep water Nigeria, has signed production-sharing contracts with LNG potential offshore Equatorial Guinea in West Africa.
