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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).


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


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


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


Harvey Gulf Inks Deal With Trinity Offshore

Depiction: dual fuel LNG-powered PSV

In a contract worth $110 million, Trinity to build two dual fuel LNG-powered PSV’s for Harvey Gulf. Wartsila to supply integrated system that includes the dual-fuel machinery.   7 October 2011: Harvey Gulf International Marine has signed a deal with Trinity Offshore which will eventually produce the first two dual fuel LNG-powered offshore  vessels under U.S. flag. The deal, reportedly worth at least $110 million


BMT, Endeavour Energy Win Africa’s LNG Import Terminal Contract

Excelerate FSRU vessel Exquisite Courtesy Excelerate Energy

  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


LNG-fueled Bulker Design Approved by DNV GL

DNV GL Group President & CEO Dr Henrik O. Madsen (right) presents the CEO of Oshima Shipbuilding, Sho Minami, with the AiP certificate for the Japanese yard’s LNG-fuelled Kamsarmax bulk carrier design

DNV GL has presented Oshima Shipbuilding Company with an Approval in Principle (AiP) certificate for a LNG-fuelled Kamsarmax bulk carrier at the Nor-Shipping exhibition in Oslo today. The new design has been found to comply with DNV GL class rules and all current and upcoming regulations, including the new emission control regulations and the draft IGF Code for fuel with a low flashpoint. As regulations on harmful ship emissions such as sulphur become stricter, reducing SOx, NOx


FSRUs Perform STS Transfer of LNG in Pakistan

FSRUs Exquisite and Excelerate performing first ship-to-ship LNG transfer in Pakistan. (Photo: Excelerate Energy L.P.)

Excelerate Energy L.P. completed the first ship-to-ship (STS) transfer of liquefied natural gas (LNG) at the Engro Elengy LNG Terminal located in Port Qasim, Pakistan on July 17, 2015.   Excelerate's floating storage and regasification unit (FSRU) Exquisite received 130


Keppel Signs $684m FLNG Conversion Deal with Golar

 Keppel Shipyard has signed its third contract with Golar Gandria for vessel conversion works.    The $684 million contract to convert a liquefied natural gas (LNG) carrier to a floating liquefaction facility (FLNG) with the subsidiary of United Kingdom-based Golar LNG will become


Excelerate Energy makes Pakistan's first STS LNG transfer

Excelerate STS LNG

  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


ClassNK Releases Guidelines for CNG Carriers

Classification society ClassNK has released its Guidelines for Compressed Natural Gas (CNG) Carriers.   Global economic and population growth is bringing about increased energy production and consumption. In its latest forecast, CEDIGAZ


Hoegh LNG Bags FSRU Deal in Chile

Photo by Höegh LNG

 Oslo-based Höegh LNG said it has signed an Floating Storage and Regasification Unit (FSRU)contract with Chilean Octopus LNG for the Penco-Lirquén LNG import terminal to be located in Concepción Bay, Chile.   


Hoegh LNG's Bond Issue

Image: Höegh LNG Holdings Ltd

 Hoegh LNG (HLNG) has successfully completed the issuance of a USD 130 million senior unsecured bond in the Nordic bond market with maturity date expected to be 5 June 2020. The bond issue will be swapped from floating to fixed interest rate.  


GTT Bags Order for FSRU from Hyundai Heavy

GTT (Gaztransport & Technigaz), a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), announced that its Mark III Flex technology was selected for a new Floating Storage & Regasification Unit (FSRU)


Stolt-Nielsen, Golar LNG Form Joint Venture

Photo: Golar LNG

Stolt-Nielsen Limited and Golar LNG Limited have formed a 50/50 joint venture to pursue opportunities in small-scale LNG production and distribution, the companies announced today.   Stolt-Nielsen Limited has invested in Golar LNG through open-market purchases


Trafigura, Singapore LNG Sign Storage Agreement

Photo: Singapore LNG Corporation (SLNG)

 The Singapore SLNG Corporation and Commodities trading firm Trafigura have signed a storage agreement for the excess capacity within the Singapore LNG terminal on Jurong Island.   John Ng, CEO at SLNG, operator of the country's first LNG terminal


GTT Receives Order for FSRU

GTT receives order from Hyundai Heavy Industries for a FSRU addressed to Höegh LNG   GTT, a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), has announced a new order for a Floating Storage & Regasification Unit


China Ocean Shipbuilding Acquires Jiangxi Gas

Photo: China Cosco Holdings

 China Ocean Shipbuilding Industry Group (COSIG) with its unit, China Ocean LNG has bought a 47% stake in Jiangxi Petrochina Kunlun Gas (Jiangxi Gas) for a total of ($6.2m), according to a stock market statement.   The Chinese yard noted the benefits of investing in Jiangxi Gas


GTT Records Order for 2 LNG Tankers

GTT receives a new order from Hyundai Samho Heavy Industries for two LNGCs for Teekay   GTT, a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), announced it has received a new order for two LNG carriers (LNGCs) to be built


Two LNG Cargo Exports Planned from Dutch Terminal at End-July

Two liquefied natural gas (LNG) cargoes are to be exported from the Gate terminal in the Netherlands at the end of the month, trade sources with knowledge of the matter said.   German utility RWE has purchased one of the cargoes while Austrian-based Econgas has set up the other


Uruguay LNG Terminal on Schedule

Image: Gas Sayago

 Uruguay's state-owned Gas Sayago said civil works for an LNG regasification terminal are due to begin again after five months of delays, putting back on track a $1.1 billion project for the country's first such facility.   Gas Sayago, a joint venture by two state-owned companies


Crowley Bolsters LNG Equipment Fleet

Photo: Crowley

Crowley Maritime Corp. informs it has responded to increased market demand, acquiring 16 additional ISO tanks for its Carib Energy group that will be used to supply, transport and distribute U.S.-sourced liquefied natural gas (LNG) to customers in Puerto Rico, the Caribbean and Central America






 
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