In this issue

 

Three LNG carrier fleet owners, Golar LNG, GasLog and Dynagas said their pooling arrangement aimed mainly at the spot market had initiated dialogue on “innovative chartering arrangements.”
Maputo sanctioned development of first phase of venture to move towards gas production Our Europe editor Italy’s Eni posted a massive 7.8 billion euros ($8.5Bln) of quarterly losses due to…
Our Asia-Pacific editor Air Water Inc., Japan's second-largest provider of industrial gases, has acquired a natural gas tank maker in Malaysia to build up the small-scale LNG storage and transportation…
Former Cheniere Energy Chairman and Chief Executive Charif Souki, who was ousted as head of the US developer of the Sabine Pass and Corpus Christi liquefied natural gas export projects,…
Our North America editor in New York Chart Industries, one of the leading US LNG equipment providers, said that given the continued low oil prices, economic headwinds and weak orders…
One of only two US LNG export projects on the East Coast, the Dominion Cove Point venture on Chesapeake Bay in Maryland, is about one-quarter complete, according to the latest…
McDermott International, the US energy and LNG engineering company, will put its new flagship vessel, the “DLV 2000”, to work offshore Australia on two liquefied natural gas projects.
Our North America editor in New York Cheniere Energy told US regulators its Corpus Christi liquefied natural gas export project in Texas was almost a third complete as its first…
Gaztransport and Technigaz (GTT), the French designer of membrane containment systems for LNG maritime transportation and storage, posted a net profit as the energy technology company averted the worst effects…
Our Europe editor French liquefied natural gas terminals operator Elengy is proposing a pooling service for intra-monthly regasification capacity between France’s three regulated import facilities to enable more arbitrage options.
Our Europe editor IM Skaugen, the Norwegian operator of small-scale LNG carriers and other fuel vessels, narrowed its full-year losses as several bright spots remained in the liquefied natural gas…
Lydall Performance Materials is building up its supply portfolio for liquefied natural gas projects in Australia and the US as infrastructure orders continue, though at a slower pace amid the…
Sevan Marine of Norway said its floating LNG solutions had attracted attention and remains a key part of the company strategy as it reported poor earnings amid cost-cutting.
Our Europe editor Qatargas has signed a memorandum of understanding with Royal Dutch Shell and the Danish tanker group Maersk to explore the development of LNG as marine fuel and…

News Nudges

New ENN President

ENN Energy Holdings, the independent Chinese LNG importer and natural gas pipeline owner and distributor, said company President Liu Min had resigned from his position and as a director, citing family reasons. Liu will be replaced by Zhang Yuying. “Mr Liu has confirmed that there is no disagreement with the board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the company nor the Stock Exchange of Hong Kong,” said a statement.


BV bunker approval

French classification society Bureau Veritas Marine and Offshore has granted an approval in principle to the design for a 19,000 cubic metres capacity dual-fuel LNG bunkering vessel with a GTT membrane type tank. The design is by Marinnov, a Paris-based consulting company created in 2007 and specializing in developing concepts for the industry and initiating projects for newbuilds or conversions. The vessel’s “Quadelprop” name reflects features in the design and propulsion arrangements to enable high maneuverability and station keeping.


Osaka Gas shale move

Osaka Gas, the Japanese utility and LNG buyer, has completed the purchase of a US upstream oil and gas firm, Sabine Oil and Gas Corp. from its parent company Sabine Holdings. As part of the sale, Osaka Gas said its US subsidiary would retain the current Sabine executive team and employees. Osaka Gas President Takehiro Honjo said he welcomed the acquisition of US expertise in shale development.