COSCO Nets LNG Vessel Order in China
COSCO Corporation (Singapore) said that COSCO (Dalian) Shipyard, a subsidiary of the company’s 51% owned unity, COSCO Shipyard Group, has secured a contract valued over RMB500 million from a Chinese ship owner to build one...
May 21 2013 / Read More »
BPC: U.S. LNG Exports Unlikely to Have Large Impact on Domestic Gas Prices
The Bipartisan Policy Center’s (BPC) Energy Project staff released a report that found the domestic price of natural gas is unlikely to rise substantially under a variety of scenarios, including those with increased demand across...
May 21 2013 / Read More »
Gasum and Tornio ManGa Project to Explore Options for Finnish LNG Sourcing
Gasum and the owners of the Tornio ManGa LNG project are collaborating to explore opportunities for liquefied natural gas (LNG) sourcing and shipping logistics for terminals in Tornio and Turku. The joint effort aims to...
May 21 2013 / Read More »
Qatari LNG Heads for UK
The Al Ghashamiya LNG carrier, with a capacity of 217,000 cubic metres, is due to arrive in the UK’s South Hook terminal from Qatar on May 27, according to the Milford Haven Port Authority website....
May 21 2013 / Read More »
Hoegh LNG Receives Commitment Letters for Lampung FSRU Financing (Indonesia)
Höegh LNG said it has received commitment letters from five international banks for a USD 299 million limited recourse facility for the financing of the Lampung FSRU project. The facility includes USD 237 million in...
May 21 2013 / Read More »
Peru Ships LNG Cargo to South Korea
The latest LNG cargo to be loaded at the Peru LNG terminal has been dispatched to South Korea, according to PeruPetro S.A The 173,400 cubic-meter Barcelona Knutsen departed from the Peru LNG terminal on May 17,...
May 21 2013 / Read More »
Platts: Asia June Spot LNG Prices Drop on Weak Demand
Prices of liquefied natural gas (LNG) for June delivery to Asia fell 5.8% to $14.565 per million British thermal units (/MMBtu), as spot demand has failed to rebound in the past few months, according to...
May 21 2013 / Read More »
MHB Revenue Up, Malaysia
Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) announced its financial results for the three months ended 31 December 2013. The Group achieved a revenue of RM922 million (RM665,3 million) with profit before tax of...
May 21 2013 / Read More »
Estonia and Finland Seek EC Help in LNG Dilemma
Estonian Minister of Economic Affairs Juhan Parts and his Finnish counterpart Jan Kanerva, agreed Monday that the Estonian and Finnish rival LNG projects need an independent assessment by the European Commission after the two countries...
May 20 2013 / Read More »UK: South Hook Gas Celebrates 300th LNG Cargo Milestone
South Hook Gas has cemented its position as the UK’s largest LNG terminal shipper with the arrival and safe off-loading of its 300th cargo....
May 20 2013 / Read More »USA: DOE Approves Freeport LNG Non-FTA Export Application
The Energy Department of USA said that it has conditionally authorized Freeport LNG Expansion, and FLNG Liquefaction, LLC (Freeport) to export domestically produced liquefied...
May 18 2013 / Read More »Golden Pass LNG Starts Pre-Filing Process, USA
Golden Pass Products LLC (GPP) announced it has submitted a formal request to the Federal Energy Regulatory Commission (FERC) to initiate pre-filing for the...
May 17 2013 / Read More »Sempra, GDF Suez, Mitsubishi and Mitsui Sign Cameron LNG Tolling Agreements (USA)
Sempra Energy, GDF SUEZ S.A., Mitsubishi Corporation and Mitsui & Co., announced that they have signed 20-year tolling capacity and joint-venture agreements to support...
May 17 2013 / Read More »Japan: MHI, MOL to Ink LNG Tanker Deal
Mitsubishi Heavy Industries, Ltd. (MHI) said it will sign an agreement on Friday with Mitsui O.S.K. Lines, Ltd. to build a “Sayaendo” series new-generation...
May 16 2013 / Read More »France: Damen Shiprepair Brest Serviced 50 Vessels in First Year of Operation
Since acquiring Sobrena, Damen Shiprepair Brest has serviced 50 vessels from leading shipowners and managers. The yard’s work portfolio includes a large number of...
May 15 2013 / Read More »Uruguay Picks GDF Suez for LNG Import Terminal
LNG player GDF Suez of France has won a contract from the government of Uruguay to build an LNG regasification terminal in the port...
May 15 2013 / Read More »Wood Group Kenny Secures Bonaparte FLNG Contract, Australia
GDF SUEZ Bonaparte, a subsidiary of French energy giant GDF SUEZ, operator of the Bonaparte LNG project has awarded WGK a contract for a...
May 13 2013 / Read More »Commercial Agreement Signed for Golden Pass LNG Export, USA
Golden Pass Products LLC (GPP) announced that its shareholders’ affiliates Qatar Petroleum International (QPI) and ExxonMobil have signed a Commercial Framework Agreement for the...
May 10 2013 / Read More »Crowley Enters LNG Market by Acquiring Carib Energy, USA
Crowley Maritime Corporation’s petroleum services group is entering the Liquefied Natural Gas (LNG) market by acquiring Carib Energy LLC. Florida-based Carib Energy, founded in...
May 9 2013 / Read More »
