First Lng

Suez, Petrobras Sign LNG Supply Deal

French energy company Suez and Brazil's federal energy company Petrobras (NYSE: PBR) have signed an LNG supply deal, a Suez spokesperson reportedly told BNamericas. Suez's Suez Global LNG division signed the deal, in which the volume and price Petrobras will pay for the LNG will vary, the spokesperson reportedly said. The LNG will come from different parts of the world. Petrobras will start operating its two floating LNG regasification units in Rio de Janeiro and Ceará states in May 2008. The first LNG supply vessel is due to arrive in Brazil in April 2008 and the second in April 2009. The two terminals have combined capacity of 21Mm3/d. [Source: http://www.bnamericas.com]

Petronet Acquires Stake in LNG carrier

Petronet LNG signed a time charter agreement to take a 23 percent stake in an LNG vessel which will supply additional fuel to its re-gasification terminal in India. Petronet LNG set up India's first LNG re-gasification terminal at Dahej in Gujarat that has been in operation since 2003. The company currently receives its LNG supplies from Qatar under a long-term contract through two vessels on lease terms. Another partner in the $50-million LNG carrier is the Shipping Corporation of India

Hamworthy Supplies Asian FSRU

Hamworthy has secured the contract to supply liquefied natural gas handling technology for what will be Asia’s first Floating Storage Regasification Unit (FSRU). The marine and offshore fluid handling systems specialist has signed a contract with Golar LNG to deliver a liquefied natural gas regasification system for the West Java FSRU, which will be Indonesia's first LNG regasification terminal. In October, Golar LNG Energy announced that it had been selected by PT Nusantara Regas

LNG Carrier Named

The LNG carrier Arctic Princess was named in Nagasaki, Japan, today. The ceremony was sponsored by Mrs. Irene Rummelhoff of Statoil representing the charterer, Snøhvit Sellers. The Artic Princess is the first LNG carrier that will be employed for carrying liquefied natural gas (LNG) from the world's northernmost LNG development - Snøhvit. The Arctic Princess will be delivered in January 2006 and will be chartered to the Snøhvit Sellers for a period of 20 years.

Pilot Program to Convert Drill Rigs' Power Plants to LNG

EQT launches pilot program to convert Marcellus drilling rigs to LNG fuel use for diesel engine power needs EQT Corporation has announced the launch of a pilot program to begin converting drilling rigs to liquefied natural gas (LNG), displacing the diesel used to power equipment at the well site. This program marks the first LNG rig conversion in the Marcellus Shale and will provide a cleaner burning alternative fuel for the region’s drilling operations.

World's First Northern Sea Route LNG Tankship Transit

Gazprom successfully completes world’s first LNG supply via Northern Sea Route in the 'Ob River' carrier. The carrier left the Port of Hammerfest (Norway) to arrive at the regasification terminal in the Port of Tobata (Japan) delivering a Gazprom Group-owned LNG cargo to Japanese consumers. The Ob River LNG carrier was escorted by Atomflot-owned atomic icebreakers led by two ice masters

TOTE's New LNG Containership Design Wins Recognition

TOTE, Inc. became the first U.S. company to take home the 'Next Generation Shipping' award at the recent Nor-Shipping 2013 expo. The Nor-Shipping 2013 Awards recognize achievement in three different but very important areas – energy efficiency, innovative ship design and young entrepreneurship. With a focus on innovation, the Next Generation Ship Award honors the most promising design for ships that will be at sea in the coming decade

IZAR Delivers LNG Inigo Tapias

IZAR Sestao Shipyard has delivered the LNG, Inigo Tapias, which will be operated by the company F. Tapias for Repsol YPF-Gas Natural. After conclusion of tests, carried out by the shipyard in the Gas Natural facilities in Huelva and valued by the shipowner, the ship was delivered completely operative and was delivered a month ahead of schedule. During the tests, the cargo has reach quantity of 5,000 m3 of gas. The Inigo Tapias has the capacity to transport 138

Rolls-Royce, Drydocks World to Cooperate on LNG Tugs

Rolls-Royce plc has signed a memorandum of understanding with Drydocks World Dubai to provide systems for Liquid Natural Gas (LNG) powered tugs for the Middle East market. The tugs, to be designed by the Drydocks World in-house design team, will incorporate a range of power and propulsion equipment from Rolls-Royce, including Bergen medium speed gas engines The memorandum of understanding was recently signed by Khamis Juma Buamim, Chairman of Drydocks World and Maritime World

New Report Finds LNG Future Bright

The new report “The Drewry Annual LNG Shipping Market Review and Forecast” finds one sector of shipping with a bright future. The last thirty months has seen a massive surge in interest in the previously conservative LNG business with unprecedented levels of ordering activity for new vessels, much increased interest in new supply projects and new/expanded, terminals. With a growing fleet and more trading opportunities, the traditional structure of shipping could gradually be