Tagged LNG

Top news of the week June 19-24

Rate this article By LNG World News Al Samriya at the Dutch Gate terminal (Image courtesy of Qatargas)Qatargas, Shell ink 5-year LNG supply deal Qatargas, the world’s largest LNG producer, signed a new deal to supply liquefied natural gas to the Hague-based LNG giant Shell. Golar, Delfin to jointly develop first US FLNG project Bermuda-based…

Dreifa Energy secures first PSV for LNG conversion

Rate this article By LNG World News Image courtesy of Dreifa EnergyDreifa Energy signed a deal to acquire the platform supply vessel Blue Betria from Blue Star Line in order to convert the vessel into an LNG floating regasification unit (FRU). Dreifa Energy was formed in 2016, by Flex LNG co-founders, Jostein Ueland and Trym…

Korea Line Corp to ship US LNG for Kogas

Rate this article By LNG World News South Korean shipping company Korea Line Corporation (KLC) on Friday signed a contract to transport LNG for Kogas from the United States to South Korea. The deal has been valued at about 1.27 trillion Korean won ($1.1 billion) the company said in its filing to the stock exchange….

Kogas to receive first Sabine Pass LNG cargo

Rate this article By LNG World News Sabine Pass terminal (Image courtesy of Cheniere)South Korea’s Kogas is reportedly set to receive the first cargo of liquefied natural gas (LNG) from Cheniere’s Sabine Pass export plant in Louisiana under a long-term contract. Two sources told Reuters the 174,000-cbm SM Eagle LNG carrier built in 2017 by…

Brittany Ferries confirms order for LNG vessel

Rate this article By LNG World News Image courtesy FSGBrittany Ferries said it has confirmed the order for a liquefied natural gas (LNG)-fueled cruise ferry, named Honfleur, at the Flensburger Schiffbau-Gesellshaft shipyard in Germany. The order, valued at £175 million ($222.8 million), is a confirmation of the letter of intent signed with the German shipyard…

USA: new LNG act to remove exports restrictions

Rate this article By LNG World News US senator for Louisiana Bill Cassidy moved to expedite the US exporters access to the market with a License Natural Gas (LNG) Now Act. The motion aims to remove barriers placed on US exporters so they can quickly access the market and meet the global demand of natural…

Oil Search secures $600 mln loan

Rate this article By LNG World News Oil Search, the owner of a 29 percent stake in the ExxonMobil-operated PNG LNG project, arranged a new five-year, non-amortising, revolving credit facility of $600 million with 14 banks. The banking group includes all four major Australian domestic banks, one Papua New Guinean bank and nine international banks,…

EIA: Sabine Pass exports down on week due to Tropical Storm Cindy

Rate this article By LNG World News Cheniere’s Sabine Pass liquefaction terminal in Louisiana, currently the only such a facility to ship U.S. shale gas overseas, has exported fewer cargoes of the fuel in the week ending June 21 as compared to the week before, according to the Energy Information Administration. Three vessels with a…

France’s GTT to equip Knutsen LNG tanker

Rate this article By LNG World News For illustration only (Image courtesy of GTT)GTT, the French maker of LNG containment system has received an order from South Korea’s Hyundai Heavy Industries to equip a new LNG carrier with its Mark III Flex containment system. Hyundai’s shipyard based in Ulsan will build the 180,000-cbm vessel on…