LEAD STORY
Biden asks Qatar for help in diverting LNG to Europe if Russia cuts off supplies
Written by AJ KotzeSky-high European energy demand, exacerbated by low Russian pipeline gas supply, has prompted US LNG exporters to send cargoes – initially sold to Asia – to northeast Europe instead. US President Joe Biden even approached Qatar, the world’s largest LNG producer, over diverting cargoes to Europe if escalating tensions between Russia and the Ukraine curtail or halt contractual gas transits while European buyers rush to secure spot LNG; our Markets Editor Anja Karl has more.
Whilst headlines have mostly focussed on Asia and Europe, the South America/Caribbean region has played its own, if volatile, role in the protracted tight natural gas market, our Markets Editor Alexander Wilk reports.
Also in this issue
Our January data show continued growth in LNG flows underpinned by higher Qatari, American and Malaysian exports as well as continued growth in European demand, our Markets Editor Alexander Wilk reports.
TGE Marine recently completed the building and installation of two large LNG cargo tanks, including their insulation, at CSSC’s Jiangnan Shipyard. Technical Editor Ian Cochran investigates.
CAPs keep LNGCs in top condition - BV
Written by AJ KotzeBureau Veritas Solutions Marine & Offshore, part of Paris-based Bureau Veritas Group (BV), was recently awarded a three-year contract by Nakilat to undertake condition assessment programmes (CAP) for its LNGC fleet. Ian Cochran reports.
With demand for green ‘future fuels’ rising, manufacturers of LNG-powered engines are developing a range of new solutions to reduce emissions but also creating a complex set of choices for vessel operators seeking to future-proof their fleets. Fuelling Editor Malcolm Ramsay elaborates.
ABS, the American Bureau of Shipping classification society, has awarded approval for the design of a one-side spread mooring system for a floating liquefied natural gas facility to South Korean shipyard and offshore equipment-maker Samsung Heavy Industries.
