Floating Lng Terminal
Croatia could complete its 2 billion cubic metre per year floating LNG facility in 2018, Economy Minister Tomislav Panenic said. In an interview with Reuters Tomislav said that Croatia intends to complete the construction of a floating LNG terminal in the northern Adriatic by 2018, and the initial capacity would be about two billion cubic metres of gas annually. "That does not mean giving up on the land terminal, but at this point we believe that we can ensure the stability of the market with a floating terminal", he said. The original plans included a land terminal with a capacity of six billion cubic metres of gas with the aim of supplying the countries of Central and Eastern Europe. Panenic also reportedly said that Croatia will aim to conclude any legal changes within 6 – 12 months in order to reduce costs and speed up the investment process. Foreign investors – including some of the US – have already shown interest in the possible onshore terminal on the island Krk. The LNG Krk, Croatia’s first LNG import terminal, was supposed to have a throughput capacity of 6 Gm3/year and include a tanker jetty to accommodate the LNG carriers, 2 LNG storage tanks with a total storage capacity of up to 360 000 m3 LNG, vaporisers and ancillary equipment.
LNG Bharat Private Ltd is setting up a floating LNG Floating Storage Unit (FSU) with a capacity of 5 million tonnes per annum at Krishnapatnam port in Nellore district the Hindu Businessline reports quoting J. Murthy, the Managing Director. The company had taken 120 acres of land from the port and leased a berth for setting up the terminal and a pipeline would also be laid from Krishnapatnam to Ennore in Tamil Nadu, via Sullurupeta and Sri City.
Excelerate Energy and Petrobangla in agreement for long-term FSRU charter and construction of LNG import facility Excelerate Energy and Petrobangla have reached agreement on terms for the development and operation of Bangladesh’s first LNG import terminal. The agreement includes the provision of one of Excelerate’s existing floating storage and regasification units (FSRU) under a 15-year long-term charter, as well as the design and construction of the facility
On July 17, 2015, Excelerate Energy L.P. completed the first Ship-to-Ship (STS) transfer of LNG at the Engro Elengy LNG Terminal located in Port Qasim, Pakistan. Excelerate’s floating storage and regasification unit (FSRU), EXQUISITE, received 130,000 cubic meters of LNG from the FSRU EXCELERATE using the double-banked LNG transfer system. This transfer also marks the company’s 500th commercial STS operation using the double-banked cryogenic transfer system technology
State-owned Abu Dhabi National Oil Co. (ADNOC) plans to start a new liquefied natural gas floating import terminal (FSRU) in the second half of this year, three LNG industry sources said. The floating import terminal is being supplied by U.S. gas shipping company Excelerate Energy, the sources said. Both ADNOC and Excelerate Energy did not respond to requests for comment. One of the sources said the terminal's import capacity will be about 1 million tonnes per annum.
According to Reuters, Croatia may decide to construct a floating LNG (FLNG) vessel for the northern Adriatic – as opposed to an onshore liquefaction plant – in order to begin operations sooner. At the moment, it is unclear what would become of the plans for a land-based terminal on the northern Adriatic island, Krk. So far, seven non-binding bids from both industrial and financial investors have been made for the onshore project.
Golar LNG Limited is pleased to announce that the company has signed a contract with Keppel Shipyard Limited of Singapore for the first ever conversion of an existing LNG carrier into a LNG Floating Storage and Regasification Unit (FSRU). Keppel Shipyard Limited is the leading ship repair yard for Liquefied Natural Gas (LNG) and Liquefied Petroleum Gas (LPG) carriers outside Japan. Moss Maritime of Norway (a Saipem company) has prepared the conceptual specification for the FSRU and will
Excelerate Energy enters Into a shipbuilding option agreement with DSME for 8 New Floating Storage and Regasification Units (FSRUs). The option agreement with Daewoo Shipbuilding and Marine Engineering (DSME) is for the delivery of up to eight Floating Storage and Regasification Units (FSRUs) between early 2015 and early 2017. The agreement gives Excelerate, the world's largest operator of regasification vessels and developer of LNG import solutions
As from the start of October 2014, KOTUG is assisting all LNG vessels at the Brunei LNG Terminal with three powerful Rotortugs. Brunei Shell Petroleum Company awarded KOTUG as its exclusive towage provider with a 24/7 operation, supported by local management. Three 80-ton-plus bollard pull strong tugs of the Rotor concept are in charge for the berthing and unberthing operations of LNG tankers, standby services during loading, oil spill response and firefighting duties
The Bahrain National Oil and Gas Authority (NOGA) will award a $400 million Liquefied Natural Gas (LNG) terminal contract next month, Energy Minister Abdulhussain Mirza told local media this week. The LNG terminal will be constructed near Khalifa Bin Salman Port, on Bahrain’s northeast shore. Energy Minister Dr Abdulhussain Mirza said it would be operational by early 2018 and would receive deliveries of LNG by ships.
BW Group (BW) has signed a 15-year agreement with Pakistan GasPort Limited (PGPL) to provide LNG regasification services utilizing a new-build Floating Storage and Regasification Unit (FSRU) for the second Pakistan LNG terminal.
Energy related maritime solutions and services provider MISC Berhad (MISC) has made inroads into Thailand’s offshore oil and gas market for the first time. MISC’s wholly-owned subsidiary, MISC Offshore Floating Terminals (L) Limited (MOFT) signed a contract for
Wärtsilä has been contracted to supply the re-gasification system for an FSRU (Floating, Storage, Re-gasification Unit) conversion project that Höegh LNG plans to carry out on a modern LNG vessel. The contract was signed in August.
Norway-based owner and operator of floating LNG import terminals, Höegh LNG reported a second quarter profit after tax of US$3.5 million, down from $6.3 million in the first quarter 2016. The company’s profit after tax was also down in comparison to the
The first liquefied natural gas vessel from the lower 48 U.S. states is on its way to China, according to a Reuters interactive map on Friday, the latest sign that the expanded Panama Canal is allowing U.S. exports to reach the world's top LNG buyers in Asia.
Malaysian offshore service provider Coastal Contracts is tapping into the growing liquefied natural gas (LNG) supply chain in Indonesia with the purchase of a 49% stake in T Jaya Samudra Karunia for US$6.55mil (RM27mil), reports the Star.
Crowley Maritime Corp. said its liquefied natural gas (LNG) services group has been awarded a multi-year contract to supply containerized LNG from the U.S. mainland to Molinos de Puerto Rico, the Caribbean arm of Ardent Mills LLC, supplier of flour, wheat, corn and rice-based food ingredients.
The new new supply of liquefied natural gas (LNG) from Russia's Sakhalin plant and weakening demand from Egypt helped snap a months-long rally. Hence Asian spotLNG prices fell this week, reports Reuters. Meanwhile, countries in the Middle East and North Africa led by Egypt
The bunkering of the Ternsund was initiated today in Rotterdam, marking the first seagoing vessel to bunker liquefied natural gas (LNG) at the port. As a result the brand new product tanker of the Swedish shipping company Terntank also receives the first Rotterdam 'LNG bunkering
DNV GL has given IHI Corporation Approval in Principle (AiP) for its FLPS (Floating LNG Power Station) concept. The formal handover of the Approval in Principle took place in Tokyo on July 5. The design has been found to comply with DNV GL class standards and other relevant industry
Indian Shipping Minister Nitin Gadkari has layed the foundation stone for a multi-modal terminal at Varanasi. The phase-I of the multi-modal terminal will be built by AFCONS Infrastructure at an estimated cost of Rs.170 crore and is slated to completed by August 2018.
South Korea’s Kogas (Korea Gas Corporation) has signed a memorandum of understanding (MoU) with the Mexican state of Yucatan to construct an liquefied natural gas (LNG) terminal and gas pipelines that would be worth up to $1.5 billion in a package deal.
Petronet LNG Ltd has annouced that the part facilities of the expansion of Dahej LNG Terminal from 10 tlko 15 MMTPA i.e. regasification facility has been commissioned and under stabilization. As such the additional gas send-out from Dahej LNG terminal in the north-west
Indian public sector oild giants Oil and Natural Gas Corp (ONGC), Indian Oil Corporation (IOC) and Bharat Petroleum Corp Ltd (BPCL) have booked 60 per cent of the capacity of Swan Energy Ltd. (SEL)'s upcoming floating Liquefied natural gas (LNG) terminal off the Gujarat coast.
Spurred by Panama Canal Expansion and U.S. LNG Export, $500 Million Shipyard Projects Starts As Trinidad and Tobago seeks to diversify its economy, it is banking on a massive shipyard construction project as the centerpiece of a maritime industry and economic revival