Indian Oil Corp (IOC) has awarded a contract to build two football stadium-sized liquefied natural gas (LNG) storage tanks at its upcoming Ennore LNG import terminal in Tamil Nadu to Mitsubishi Heavy Industries Pvt Ltd (MHI) of Japan. "We have received an EPC (engineering, procurement and construction) order from Indian Oil to construct two LNG storage tanks. The LNG tanks will be the main facility at the first LNG receiving terminal to be constructed on India's east coast. This is also the first LNG storage tank order that MHI has received from India. Construction of the tanks is slated to begin in July of this year; completion is scheduled for the spring of 2018," says a statement from MHI. The ordered LNG tanks are high-capacity storage tanks capable of holding 180,000m3 each and will be installed at an LNG terminal that IndianOil will build near Ennore port, approximately 25 kilometers north of Chennai on the Bay of Bengal. LNG imported to the terminal will be supplied as feedstock to fertilizer plants, and to utility company power generation plants for use as an alternative fuel. Plans also call for the use of LNG as city gas in urban areas in the future. The terminal will initially have the capacity to handle five million metric tonnes per annum (MMTPA), expanding to 15 MMTPA in the future.
The Federal Energy Regulatory Commission (FERC) issued a Notice stating that Dominion Cove Point LNG, LP filed a tariff to reflect that its new 850,000 barrel LNG storage tank will soon commence service. 69 Fed. Reg. 65155 (HK Law).
Linde has formed a Global Alliance with Single Buoying Mooring Inc. (SBM) to develop and market Floating Production, Storage and Offloading units (FPSO) for the growing Liquid Natural Gas (LNG) industry, based on Linde's proprietary natural gas liquefaction technology. After having finalized a generic concept for a LNG FPSO with a yearly capacity off app.2.5 million metric tons of LNG, global marketing efforts will start as of today
Höegh LNG signs FSRU agreement with Klaipedos Nafta in Lithuania Höegh LNG has entered into a ten year time charter for a floating LNG storage and regasification unit to be used as an LNG import terminal in Lithuania, subject to formal approval by the shareholders of AB Klaipedos Naft which is controlled by the Lithuanian state. Höegh LNG intends to use the second of the three new regasification vessels being built at Hyundai Heavy Industries Ltd
Houston-based GTT North America (GTTNA), U.S. subsidiary of French engineering and technology company Gaztransport & Technigaz SA (GTT), has received approval in principle (AIP) from ABS for the design of a 2,200 cubic meter liquefied natural gas (LNG) bunker barge. The distinctive design incorporates GTT’s proven membrane Cargo Containment System (CCS), which is utilized in 70% of the global LNG carrier fleet and nearly 90% of LNG carrier projects on order.
BMT Asia Pacific (BMT), a subsidiary of BMT Group Ltd, has been appointed Owners Engineer and lead design consultant by Endeavor Energy, for the development of the LNG storage and regasification facility as part of the Songon Gas-to-Power Project in Côte d’Ivoire. Songon, a greenfield development, will consist of combined cycle gas to power generation with an integrated fuel solution, featuring purpose-built LNG infrastructure and a floating storage and regasification unit
Höegh LNG has agreed to sell its LNG carrier Höegh Galleon to Maverick LNG Holdings Ltd on private terms. The Vessel is scheduled to be delivered to its new owner between July and October 2007. In the meantime the vessel is available for employment. The buyer intends to use the vessel as temporary LNG storage associated with their LNG transshipment and storage projects, including prospective power generation development
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. The new LNG CCS design is a corrugated membrane type based on KOGAS' membrane containment system technology used for land-based LNG storage tanks. KOGAS developed the design concept for the KC-1 CCS in cooperation with the DSME
BMT Asia Pacific (BMT), a subsidiary of BMT Group Ltd, has been appointed Owners Engineer and lead design consultant by Endeavour Energy for the development of the LNG storage and regasification facility, a part of the Ghana 1000 Gas to Power Project and Africa’s first LNG import terminal. Endeavour is co-leading development with General Electric, Eranove and local partners Sage Petroleum with the aim of providing the Ghanian government with Sub Saharan Africa’s largest
A new liquefied natural gas (LNG) storage and regasification barge concept introduced by Wärtsilä's Marine Solutions and Energy Solutions businesses aims to provide a flexible means of meeting small- to medium-scale requirements where pure land-based LNG options are limited. The Wärtsilä Mobile LNG can be combined with a barge-mounted power plant having an output capacity of up to 250 MW, or it can alternatively be used to supply conventional land-based power plants
Japan, the world’s largest buyer of liquefied natural gas is aiming to establish an international liquefied natural gas (LNG) trading hub by the early 2020s, according to a statement by Japanese Ministry of Economy, Trade and Industry (METI) .
Regasifying and storing LNG offshore has allowed customers to import gas without committing to land-based infrastructure. The option also speeds up access to vast amounts of energy. “Wärtsilä focuses on completing the LNG value chain,” says Timo Koponen, Vice President
First of its kind Cryoline floating LNG hose-in-hose transfer system improves safety and lowers operator costs – improving access to LNG fuel Trelleborg’s fluid handling operation, supplier of flexible bonded hose solutions for the crude oil
Höegh LNG is upbeat on the group’s FSRU prospects as its profit rise comes on the back of an almost tripled average regasification flow rate on Höegh LNG’s FSRU fleet compared with the same quarter last year, owing to increased imports driven by ample supplies of LNG
Bangladesh on Thursday signed a deal with Texas-based Excelerate Energy to build its first floating terminal for importing liquefied natural gas (LNG) as it looks to ease chronic energy shortages. The floating storage and regasification unit (FSRU) terminal at Moheshkhali Island in the Bay of
Dynagas LNG Partners LP enters into new long-term time charter agreements for two of its LNG carriers and maintains current level of cash distribution following its latest drop down from its Sponsor Monaco – March 31, 2016 –Dynagas LNG Partners LP
Petrobangla has signed an agreement with Excelerate Energy Singapore Pte Ltd to establish a floating storage and re-gasification unit (FSRU) at Maheshkhali to facilitate the supply of 500 mmcfd imported liquefied natural gas to the country.
GTT (Gaztransport & Technigaz) engineering company specialized in the design of membrane containment systems for the maritime transportation and storage of LNG (Liquefied Natural Gas) announces its participation to the exhibition LNG 18, organized in Perth, Australia
ABS has granted approval in principle (AIP) to a Hyundai Heavy Industries (HHI) floating liquefied natural gas (FLNG) hull design. Specifically conceptualized for near-shore operations, the vessel was designed with a length of 1,050 ft (320 m), a breadth of 197 ft (60 m)
GTT, (Gaztransport & Technigaz), an engineering company specialized in the design of membrane containment systems for the transportation and storage of liquefied gases, has signed a Technical Assistance and License Agreement (TALA) with AG&P (Atlantic, Gulf and Pacific Company)
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
Indian Petroleum Minister Minister Dharmendra Pradhan says India has expressed interest in setting up an LNG terminal at Chahabar port in Iran to ship back home natural gas from Persian Gulf nation, reports PTI. India is ready to invest $20 billion in the development of Iran’s
China's biggest liquefied natural gas (LNG) importer CNOOC has started building two storage tanks at a receiving terminal in Fujian province for the super-chilled fuel, the official Xinhua news agency reported. The new tanks are part of a plan to increase the receiving capacity at
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today teamed up with a local partner in Indonesia, PT Pelindo Energi Logistik (PEL; President Director: Denny Hermanto) to launch joint operation of the LNG carrier Triputra
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that Lakler S.A., 100% subsidiary of MOL has officially agreed to conclude a charter contract, with an eye toward reaching a final deal in June this year, with Gas Sayago