Tagged Asia

Report: B.C. in the Canadian LNG industry limelight

By Adnan Bajic British Columbia’s liquefied natural gas (LNG) industry could be the stimulus the Canadian economy will need post-COVID-19. Courtesy of LNG Canada Liquefying and exporting natural gas offers an important diversification opportunity, especially when the traditional export market, the United States, is becoming increasingly self-sufficient, a report by the Conference Board of Canada…

Novatek delivers first Yamal LNG cargo to Japan via NSR

By Adnan Bajic Novatek, Russia’s largest independent natural gas producer, shipped the first cargo of liquefied natural gas from the Yamal LNG project to Japan transported eastbound via the Northern Sea Route. Courtesy of Novatek The LNG cargo was delivered by the LNG tanker Vladimir Rusanov under a spot contract by Novatek’s unit, Novatek Gas…

Singapore to add new LNG term importers

By Mirza Duran Singapore is looking to appoint two additional LNG term importers to boost competition and provide more options for gas buyers. Image: Singapore LNG The country has been steadily increasing LNG imports and re-exports since the start of its first and only facility at Jurong Island more than seven years ago. Asia’s largest…

Shell’s shipping study confirms LNG as transition fuel

By Mirza Duran A Shell study released on Tuesday exploring how the shipping industry is working to slash its emissions has confirmed LNG as one of the main transition fuels. For illustration only (Image: Shell) The report named “Decarbonizing Shipping: All Hands on Deck” is a joint research by Shell and Deloitte. Shell says the…

Chevron wraps up Puma acquisition in Australia

By Mirza Duran US energy giant and LNG operator Chevron has completed the acquisition of Puma Energy’s Australian commercial and retail fuels business. Image: Chevron Singapore’s Puma Energy, majority-owned by Trafigura and Sonangol, sold all off shares and equity interests in the Australian business to Chevron’s downstream unit. The deal has a price tag of…

EIA: U.S. year-to-date LNG exports more than halved

By Adnan Bajic Liquefied natural gas (LNG) exports from the United States have declined by more than half so far in 2020, the U.S. Energy Information Administration said. Courtesy of Freeport LNG Daily natural gas deliveries to U.S. facilities that produce liquefied natural gas for export were a record 9.8 billion cubic feet per day…

Eni, KOGAS ink LNG MoU

By Adnan Bajic Italian oil and gas company Eni signed an energy and LNG sector cooperation MoU with Korea Gas Corporation. Courtesy of Eni The memorandum of understanding was signed by Eni CEO Claudio Descalzi and KOGAS president and CEO Hee-bong Chae. Under the agreement, the companies aim to identify specific cooperation opportunities in different…

Seadrill gets termination for drillship deal

By Nermina Kulovic Seadrill has been hit by early termination of a drilling contract for a drillship operating in Southeast Asia. The post Seadrill gets termination for drillship deal appeared first on Offshore… … Read Full Article Here For more great articles: Offshore Energy Today

US Port of Long Beach joins LNG fuelling coalition

By Mirza Duran The Port of Long Beach, the USA’s second-busiest container port, has joined the SEA-LNG industry coalition. The Californian port is the third North American port to join the coalition and brings SEA-LNG’s count of port members to a total of seven, the coalition said in a statement on Tuesday. These ports are…

Report: Russia’s A-Property contracts TechnipFMC to design $10 bln LNG plant

By Mirza Duran A-Property, a firm owned by Russian energy tycoon Albert Avdolyan, has reportedly hired TechnipFMC to design a large liquefied natural gas export terminal. Image courtesy of TechnipFMC The LNG plant and surrounding infrastructure in the remote northern republic of Yakutia would require a $10 billion investment, Reuters reported on Monday citing an…