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Lng Industry

Maritime Administrator Named Government Man of the Year

The Maritime Port Council of Greater New York and Vicinity has named Maritime Administrator Sean T. Connaughton its 2007 Government Man of the Year. During Connaughton’s tenure, the Maritime Administration has pursued crewing initiatives to assure more U.S. mariners may serve aboard international ships, especially those in the Liquefied Natural Gas (LNG) industry; it has also pushed the Marine Highway Initiative, an effort to better use the nation’s waterways and coastal waters to relieve landside congestion in the transportation system; and realigned its operations to better serve the industry and address current challenges.


LNG: $93B Capex in 5 Years

The new Douglas-Westwood LNG report forecasts five-year facilities Capex will exceed $93 billion. A bright future is forecast for the LNG industry, as growing long-term gas demand drives major investment in global LNG facilities. The World LNG Market Report 2011-2015, from award-winning energy business advisors Douglas-Westwood (DW), predicts the Pacific basin will be the main contributor to a ten-year global investment high of $26 billion per annum by 2015


Technip USA Announces Contract Award for the Freeport LNG Terminal

Freeport LNG Development, L.P. and Technip USA Corporation, a subsidiary of Technip have signed a contract for the Front End Engineering Design (FEED) leading to the finalization of the EPC (engineering, procurement and construction) contract for its LNG receiving terminal to be located on Quintana Island near Freeport, Texas. The FEED is expected to be completed by the end of December with the EPC phase of the project beginning in the first quarter of 2004.


Samsung Heavy Industries Building Two Golar LNG Carriers

LNG Carrier: Credit Wikipedia CCL Wmeinhart

Golar LNG Limited announces that  the Company  has entered into firm contracts with Samsung Heavy Industries Co. Ltd for a further two LNG carriers. The two additional vessels, each with a capacity of 160,000cbm have a combined total cost of slightly above $400 million. The first of the carriers is scheduled for delivery in the second quarter of 2014 and the second in early 2015. Subject to declaration deadlines


Kalleklev to Head DNV GL's SE Asia Oil & Gas

Arve Johan Kalleklev regional manager for Oil & Gas in South East Asia

  Energy demand in South East Asia is expected to grow at twice the rate of the rest of the world. DNV GL has appointed Arve Johan Kalleklev regional manager for Oil & Gas in South East Asia just as the company is establishing a dedicated LNG and Gas Consulting unit in Singapore. The unit will support the extensive development plans for a safe, secure and reliable gas and LNG infrastructure in Asia. It is estimated that USD 460 billion will need to be invested in South East


Braemar Named Engineers for Brownsville LNG Project

Sheila McClain (Photo: Braemar)

Braemar Engineering, the marine and LNG technical consultancy arm of the Braemar Shipping Services PLC group, has been appointed as Owner’s Engineers by Texas LNG Brownsville LLC (Texas LNG) for the proposed Brownsville LNG project.   The project will be constructed in a deepwater frontage site along the Port of Brownsville shipping channel, South Texas, and is anticipated to export more than 2 million metric tons per annum (MTPA) of LNG


Confirmation Arrow Energy to Acquire Bow Energy

Australia’s Arrow Energy Holdings Pty Ltd confirmed that it has entered into a Scheme Implementation Agreement with coal seam gas company Bow Energy Ltd under which Arrow has agreed to acquire all of the shares in Bow for a cash consideration of A$1.52 per Bow share. The offer values Bow at A$535 million.   Bow Board members have unanimously recommended shareholders vote in favour of the offer, in the absence of a superior proposal and subject to an independent expert concluding


Asia's First Floating LNG Project to Have GE Compressors

GE Oil & Gas to supply gas turbine-driven compressor train technology to Malaysia’s Petronas for a floating liquefied natural gas (FLNG) facility. The start-up of the FLNG facility is scheduled for the fourth quarter of 2015. It will be moored about 180 kilometers off the coast of Bintulu, Sarawak, and is designed to produce 1.2 million tons a year (mtpa) of LNG. Once on stream, the facility will boost Malaysia’s total LNG production capacity to 26.9 mtpa from 25


Bestobell Exhibits LNG Technology

Photo courtesy of Bestobell Valves

Bestobell Valves, part of the President Engineering Group (PEGL), attended the Gastech 2014 exhibition in South Korea recently and said it had a great response from visitors across the globe, including a significant number from South Korea and Japan.  The company showcased its cryogenic valves, which are already widely used for industrial gas, LNG marine and land-based LNG (liquefied natural gas) applications across the world.


Middle East Launch of DNV GL's Safe LNG Bunkering RP

M. Shahrin Osman: Photo DNV GL

DNV GL says it is launching a new Recommended Practice (RP) on LNG Bunkering in the Middle East & South Asia. The launch in Doha is in conjunction with Qatar’s announcement that it is going to establish a strategy of supplying LNG as a marine fuel in Qatar and the other countries forming the Gulf Cooperation Council (GCC). “Qatar’s entry as a provider of LNG for the marine industry will be a game-changer given that it is the largest single exporter of LNG


GTT to Exhibit at Euromaritime

Gaztransport & Technigaz (GTT), a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), will exhibit at Euromaritime, the European Marine Business Show, from February 3-5, 2015 in Paris, Porte de Versailles.  


US House Passes Bill to Pressure Regulators on LNG Exports

The U.S. House of Representatives passed a bill on Wednesday to speed permits for exports of natural gas, a measure that even if passed by the Senate and signed into law by President Barack Obama, is not expected to help bring much new fuel to global markets.  


MHI Wins LNG Order

Moss-type tanks

  Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for two next-generation LNG (liquefied natural gas) carriers from Mitsui & Co., Ltd. The carriers on order feature a design that achieves significant improvements in both LNG carrying capacity and fuel performance through


MOL, Mitsui Ink Charter Deal

Courtesy  Cameron LNG

  Mitsui O.S.K. Lines, Ltd. signed a contract with Mitsui & Co., Ltd. today (January 29) to charter a new 177,000m3 liquefied natural gas (LNG) carrier. This is the third newbuilding vessel chartered by Mitsui & Co., following a contract signed last September 26 for two carriers


Liquefaction Terminals to Draw Big Spending

 Liquefaction terminals to dominate forecast LNG capital expenditure   Capital expenditure (Capex) on global liquefied natural gas (LNG) facilities is expected to total $259 billion over the forecast period 2015-2019, according to the new ninth edition of Douglas-Westwood’s (DW)


As Interest in LNG Surges, Regulators Struggle to Keep Pace

Joan M. Bondareff

The use of Liquefied Natural Gas (LNG) as a transportation fuel for ships, barges and ferries has surged in recent months.  This surge is due, in large part, to the boon in the production of natural gas in the U.S.; new low sulfur rules for the North American Emission Control Area (ECA)


ABS Extends Design Approval for KC-1 LNG CCS

ABS has granted extended general design approval for the KC-1 LNG cargo containment system (CCS). The new membrane type will be installed on newbuild LNG carriers currently on order for Korea Gas Corporation (KOGAS), the world's largest LNG importer.   


India's GAIL Postpones LNG Tender; No Takers

Gail India

The state-owned gas utility GAIL (India) has postponed the tender date for its $7.6 billion newly built LNG ships for the third time as it did find any takers.   The state-owned gas utility GAIL has for the third time postponed the last date of bidding


Landmark STS LNG Transfer Achieved

Image: STS LNG Transfer (courtesy Exelerate Energy)

Excelerate Energy Performs 700th Ship-to-Ship Transfer of LNG.   Excelerate Energy L.P. (Excelerate) completed its 700th commercial Ship-to-Ship (STS) transfer of LNG on January 7, 2015 in Escobar, Argentina at the GNL Escobar LNG import facility


ACP Signs Pact with Lake Charles Port

The signing of the ACP / Port of Lake Charles cooperation agreement(image: courtesy ACP)

Agreement meant to capitalize Canal expansion while attracting new LNG customers.   The Panama Canal Authority (ACP) signed a cooperation agreement with the Port of Lake Charles in Louisiana earlier this week, which aims to attract new customers from the liquefied natural gas (LNG)


Canada’s Ferry Industry Sets Course for Success

A Canadian Ferry underway in light ice conditions. (Courtesy of CFOA)

Our country’s past and its future are fundamentally linked to the transportation of people, vehicles and goods over our lakes, rivers and sea.   Ferries have always been an integral part of Canada’s transportation infrastructure


Panama Canal Inks Deal with Lake Charles Port

Agreement aims to capitalize on the advantages the Canal Expansion will offer, attracting new customers from the LNG industry

  The Panama Canal Authority (ACP) signed a cooperation agreement with the Port of Lake Charles in Louisiana earlier this week, which aims to attract new customers from the liquefied natural gas (LNG) industry; a strategy that builds upon the advantages that the expanded Canal will offer


GE Electric Propulsion Equipment for LNG Carriers

GE Power Conversion receives first order in Japan from Kawasaki Heavy for electric propulsion motor equipment for LNG vessels   GE’s Power Conversion business has received a new order from Kawasaki Heavy Industries, Ltd. for electric power and propulsion systems for two LNG carriers


Change in CEO at Golar LNG

Golar Ship

  Golar LNG Limited today announced that Doug Arnell has decided to step down as CEO of Golar on February 1, 2015. Mr. Arnell's decision is driven by a personal wish to return with his family to his home country of Canada. Mr. Arnell will be succeeded by Gary Smith


Wartsila Wins LNG Systems Contracts for Four Ships

The Wärtsilä reliquefaction plant will reliquefy 70% of the boil-off gas from the ships LNG cargo and return it to the cargo tanks, while the balance is fed by the gas handling system to the engines for propulsion purposes. (Image: courtesy Wartsila)

A series of four LNG carriers being built by the Hudong-Zhongua Shipbuilding yard in China will feature Wärtsilä LNG reliquefaction plants and gas handling systems.   The ships are owned by Bermuda based Teekay Corporation, China LNG Shipping (CLNG)






 
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