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Lng Storage

Japan's MHI Bags Indian Oil's LNG Storage Tank Contract

Image: IOC

 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.  


Dominion Cove Point LNG, LP – new storage tank

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).


Floating LNG Storage/Gasification Plant for Lithuanian Terminal

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


BMT Awarded LNG Engineering For Côte d’Ivoire

BMT to develop LNG import infrastructure in Côte d’Ivoire. Photo source Star Energie

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


Linde forms Global Alliance with SBM

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


ABS Approves GTTNA’s LNG Bunker Barge Design

Image courtesy GTTNA

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.


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.    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


Höegh LNG to Sell LNG Carrier

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


MOL Signs Long-Term Charter with Uruguayan JV for FSRU

Photo: Mitsui O.S.K. Lines

 Japanese shipping company Mitsui O.S.K. Lines, has, through its wholly-owned subsidiary Lakler S.A., agreed to conclude a charter contract with Gas Sayago, for a floating storage and regasification unit (FSRU) project in Montevideo, Uruguay.   Gas Sayago is a joint venture (JV) owned by UTE – the Uruguayan state power company – and ANCAP – the state oil company.    The contract will take effect upon governmental approval which is expected to be


Wärtsilä Debuts Mobile LNG Power Generation

Image: Wärtsilä

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


First FLNG Production Facility Completes Testing

Photo: Wison Offshore & Marine

The first natural gas floating liquefaction unit (FLNG) has completed performance testing at the Wison Offshore & Marine yard in Nantong, China, marking the first time LNG has been produced onboard a floating facility.   The performance test was carried out in the presence of


Shell Loads First LNG Vessel at Gate Terminal

Coral Methane loading (Photo: Shell)

Shell loads first LNG vessel, using new LNG fuel infrastructure at Gate terminal. The new LNG fuel infrastructure included the construction of a new berth. This new berth has now started operations. The loading of Shell’s chartered LNG vessel, the Coral Methane happened on September 19th


First Gas-Up Operation at Jebel Ali LNG Import Terminal

Excelerates FSRU Explorer at DUSUPs Jebel Ali LNG Terminal in Dubai. (PRNewsFoto/Excelerate Energy L.P.)

Excelerate Energy L.P., in collaboration with Dubai Supply Authority (DUSUP), has completed the first commercial gas-up operation at DUSUP's Jebel Ali LNG Import Terminal via Excelerate's floating storage and regasification unit (FSRU) Explorer on August 31, 2016.


Six Suezmax Tankers Earn BV Gas-Prepared Notation

International classification society Bureau Veritas is to grant GAS-PREPARED notation to six Suezmax tankers under construction for Dynacom Tankers Management.   The 157,000 dwt tankers will measure 274.3 meters in length, with a beam of 48 meters and depth of 23.2 meters


Royal Vopak to Acquire EXMAR's FRSU Share

EXMAR to sell its share in FRSU

EXMAR and Vopak announce that discussions are currently taking place to explore the possibility of an acquisition of EXMAR’s share in its floating LNG storage and regasification business (FRSU’s) by Vopak. As the outcome of these discussions between EXMAR and Vopak is currently


As Local Demand Slows, Argentina Reworks LNG Import Deals

File image (DNV-GL)

Argentina is diverting or cancelling incoming shipments of liquefied natural gas (LNG) after mild late winter temperatures curbed fuel demand and forced state-run buyer Enarsa to rework some deals. South America's biggest LNG importer had launched back-to-back tenders in June and July after a


Gate Terminal Expanded for Handling Small LNG Vessels

Gate LNG terminal at the Maasvlakte in Rotterdam

Gate terminal and its shareholders Gasunie and Vopak are proud to announce that the LNG terminal at the Maasvlakte in Rotterdam has been expanded to include a third berth and special infrastructure for the loading of small LNG vessels. These small LNG vessels will enable distribution to LNG


Hoegh LNG Profits Dip

Photo: Höegh LNG Partners

 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


Pakistan Mulls Second LNG Import Terminal

BW LNG. Photo:  BW Group

 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.  


Swan Sells 60% of FLNG Terminal Capacity

Pic: Swan Energy Ltd

 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.  


Petronet LNG Commissions Expanded Dahej LNG

Photo: Petronet LNG Ltd

 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


Coastal Contracts Buys Stake in Indonesian LNG Supply Chain

Image: PT. Jaya Samudra Karunia

 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.  


LNG-fueled Bulker Ordered from Korea

Hyundai Mipo Dockyard (HMD) has signed a contract to build a 50,000 dwt bulk carrier with ILSHIN LOGISTICS. The project is a collaboration between POSCO and ILSHIN LOGISTICS to develop the first in a new generation of ships for greener shipping.


Bangladesh LNG Terminal Edges Closer

Excelerate and Petrobangla Sign Final Agreements for Bangladesh’s First LNG Import Terminal Photo Excelerate Energy

Excelerate Energy L.P. (“Excelerate”), Petrobangla, and the Government of Bangladesh executed the Terminal Use Agreement (“TUA”) and the Implementation Agreement (“IA”) for the construction and operation of Bangladesh’s first LNG import terminal –


IOC Mulls Buying GSPC's Stake in Mundra Terminal

Image: Gujarat State Petroleum Corp

 Indian Oil Corporation (IOC), the country's largest oil company,  is in talks to buy debt-laden Gujarat State Petroleum Corp’s (GSPC) stake in the under-construction Rs.4,500 crore ($669 million) Mundra LNG import terminal, according to PTI.  






 
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