March 2023


Greece, 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. 

Economic 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

Our 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. 

With 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. 

Tuesday, 07 March 2023 07:50

Ti Group wins major Type B fuel tank orders

Written by AJ Kotze

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. 

Tuesday, 07 March 2023 07:45

WinGD targets LNGC’s predictive maintenance

Written by AJ Kotze

Swiss-based marine power company, WinGD has launched a pilot project for a new engine diagnostics solution, which is being tested on an LNGC. 

Tuesday, 07 March 2023 07:42

LNG bunker vessel design embraces 3D digital twins

Written by AJ Kotze

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. 

AFRICA 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.