LEAD STORY
Pavilion Energy of Singapore is planning to work with US major ExxonMobil, whose volumes come from liquefaction plants in Qatar, Australia and the Asia-Pacific region, in developing LNG bunkering in the Asian city state.
Also in this issue
Most FLNG and FSRU terminals under development involve long-term or permanent mooring of vessels. Traditional mooring systems for these vessels involve mooring lines, quick release hooks and conventional fender systems, but these solutions are primarily intended for transient mooring scenarios.
Malaysian energy company Petronas is now considering whether to proceed with the Pacific Northwest LNG export project after the Canadian federal government gave conditional approval, with 190 mitigation measures attached, including for the first time the imposition of a maximum cap on greenhouse gas emissions.
The LNG market is growing and changing rapidly. LNG markets are becoming increasingly liquid, flexible and short-term oriented. In the last 5 years, new dynamics have emerged in energy markets, opening up significant opportunities for the industry, but not without a number of short-term challenges.
During the past 3-4 years, reloading services at LNG regasification terminals in Europe have allowed for an important new revenue stream to compensate for the decrease in regasified volumes.
