By Jasmina Ovcina The development of the world’s first autonomous and electric container vessel Yara Birkeland has been paused due to the COVID-19 pandemic and the changed global outlook, Norwegian company Yara informed. The hull of the Yara Birkeland vessel was launched to sea at Vard Braila in Romania in February 2020 and is expected…
By Mirza Duran US company NextDecade said it still plans to decide on its proposed Rio Grande LNG export plant in Texas this year following reports that the decision could be affected by the Covid-19 coronavirus pandemic. Reuters reported on Monday citing a NextDecade spokeswoman that the company did not provide an update on Rio…
By Mirza Duran Cash-strapped LNG Limited is selling its proposed Magnolia liquefied natural gas export project to UK-based privately held company Global Energy Megatrend. The $2.25 million-worth transaction, scheduled to close on Friday, includes the Louisiana LNG export project and its 16 employees. The deal also includes LNG Limited’s optimized single mixed refrigerant liquefaction technology…