EnerSea Transport L.L.C., innovators of a new compressed natural gas (CNG) transport technology, applauded House Members for today's passage of H.R. 3983, the 'Maritime Transportation Antiterrorism Act of 2002.' The bill will expand the existing 'Deepwater Ports Act' to create a regulatory infrastructure for the transport and delivery of natural gas to offshore offloading terminals in the United States. "In addition to reducing port vulnerability and protecting coastal communities, it is equally important to improve upon our energy security by increasing access to sources of clean burning natural gas in the Western Hemisphere and meet our growing demand for energy," said Paul Britton, EnerSea's Managing Director. "This bill provides a mechanism to develop and bring to US consumers natural gas that currently is stranded. Up to 80 percent of the natural gas fields worldwide have yet to be developed -- potentially a tremendous resource." Traditionally, energy experts have planned on development of the deepwater Gulf of Mexico, unconventional onshore gas resources, gas from Alaska's North Slope and imported liquefied natural gas (LNG) to help meet growing demand for natural gas.
The Maritime Administration (MARAD) informs it has released a study that evaluates total fuel cycle emissions for natural gas versus conventional marine fuels. This study was conducted as a part of MARAD’s Maritime Environmental & Technology Assistance program, which focuses efforts on emerging marine transportation and environmental issues. Results of the study showed that the use of natural gas as a propulsion fuel can reduce air quality pollutants and reduce major greenhouse gas
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, an international not-for-profit association dedicated to natural gas information, predicts that global natural gas demand will grow by 1.8 percent a year from 2013 to 2035 with the largest portion of this growth coming from Asia-Oceania and the
Brazil’s state oil company Petrobras may revive a shelved liquefied natural gas (LNG) imports project for the northeast due to disappointment with soaring costs of its planned Gasene natural gas pipeline, according to a Reuters report. A regasification plant could be an alternative to Gasene, or be used jointly with the pipeline as natural gas demand in Latin America’s largest country is soaring. Gasene is designed to connect Brazil’s southeastern and northeastern gas networks
El Paso Global LNG, a subsidiary of El Paso Corporation, announced today that the definitive liquefied natural gas (LNG) purchase and sale agreement signed in October 2001 with a consortium of natural gas production companies led by Statoil ASA received final Norwegian and United States government approvals on May 31, 2002. The consortium will develop the Snohvit Project in northern Norway and provide El Paso with an annual delivery of approximately 1
Commissioner William P. Doyle of the Federal Maritime Commission, has given the keynote address at the Eno Center for Transportation Forum on the Panama Canal entitled: Lessons Learned and Implications for World Commerce. His comments on the future of the canal's LNG trade are also extracted below. Commissioner Doyle noted that the Obama Administration, members of Congress and state and local officials support the tremendous economic, business, job-supporting
A major natural gas leak shut down the Norwegian Visund offshore oil and natural gas platform, AP reported. No one was injured in the incident, but 17 of 91 crew members aboard were flown to a nearby North Sea platform by helicopter as a precaution when gas and fire alarms sounded. It was a major leak, but that strong winds kept the gas away from the platform itself. Gas leaks on offshore platforms can cause catastrophic explosions and fires, often far from shore
Woodside Natural Gas, Inc. (Woodside) filed its application with the United States Coast Guard and the Maritime Administration on August 18, 2006 for a license under the Deepwater Port Act, to build, own and operate a Liquefied Natural Gas (LNG) facility in California. Woodsideâ€™s proposed OceanWay facility will be located approximately 22 miles southwest of Los Angeles, California and will convert the liquefied gas to natural gas utilizing a ship to ship (STS) transfer for
Petroleum producer McMoRan Exploration Co. has received final approval for a $1 b liquefied natural gas project off Louisiana's coast, including storage caverns in an offshore salt dome, the company announced Thursday. The go-ahead from MarAd was the last needed for the Main Pass Energy Hub, sources said. The record accompanying the decision was 46 pages long and outlines requirements that will be put into the license.
Kitimat LNG Inc. announced that it has signed a memorandum of understanding (MOU) with EOG Resources Canada (EOG) to supply natural gas to Kitimat LNG’s proposed liquefied natural gas (LNG) export terminal in Kitimat, B.C. Pursuant to the MOU, Kitimat LNG and EOG are proceeding to negotiate a definitive agreement under which EOG would supply specific quantities of the LNG facility’s 700 million cubic feet per day of natural gas feedstock.
Bulgarian state energy holding company BEH and Greek natural gas company Gastrade have set up a joint task force to prepare a proposal to build an off-shore liquefied natural gas (LNG) terminal in northern Greece, Gastrade said on Tuesday.
Strategic Marine announced the kick-off of its first collaboration with PT. Pelayaran Tanjung Kumawa, expecting to deliver an exclusive luxury crewboat in November this year. “The vessel is currently under construction at Strategic Marine’s facility in Vietnam
EDF Trading, a wholly-owned subsidiary of French power giant EDF, has signed an LNG sales and purchase agreement with Japanese LNG aggregator Jera Co Inc, one of the world’s largest buyers of liquefied natural gas. Jera, a joint venture between Tokyo Electric Power Co
Egypt will tender next week to import 10 cargoes of liquefied natural gas (LNG) for delivery in July and August, an official from the state gas company, EGAS, said on Thursday. The official said Egypt would consider importing a further 10 cargoes of LNG
Cheniere Energy Inc. plans to start exporting liquefied natural gas in August from a second plant at its Sabine Pass terminal in Cameron Parish, according to a report from Bloomberg News. Cheniere began exporting LNG in February from its first unit at Sabine Pass
State-run Polish gas company PGNiG will receive its first spot delivery of liquefied natural gas (LNG) from Norway’s Statoil on June 25, it said on Tuesday, taking advantage of cheap and abundant global supply. Reuters reports that on 25 June Swinoujscie will also take
Norway's Statoil does not expect European gas prices to fall much further as rising demand from the power generation sector would offset an expected increase in liquefied natural gas (LNG) supply, company officials said on Wednesday.
Classification society ClassNK has released printed versions of its 2016 Rules and Guidance for the Survey and Construction of Steel Ships. ClassNK regularly reviews and revises its technical rules and guidance in order to ensure that they are relevant and up-to-date.
Primeline Energy Holdings Inc. announces that it has sent a letter to China National Offshore Oil Corporation (CNOOC) and CNOOC China Limited (CCL) (together CNOOC Group) giving formal notice of its intention to commence arbitration proceedings against CNOOC Group under the provisions of the
South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) and Sovcomflot have agreed to delay a liquefied natural gas carrier being built for the Yamal LNG project in Russia. According DSME statement the vessel, which was originally scheduled for June this year re-set the
France's hardline CGT union said on Monday that workers at Elengy, which operates three liquefied natural gas (LNG) terminals in France, will go on strike from midnight until May 26 midnight included. The union said that from Tuesday morning
Israel's military said on Wednesday it had developed a version of its Iron Dome missile interceptor system that can be fired from the deck of a cruising navy ship to protect its offshore gas platforms. The augmented defense system passed a live test two weeks ago when it shot down several
Chevron has begun to restart its Gorgon liquefied natural gas (LNG) export facility in Australia following its unplanned shutdown in April, the U.S. energy major said on Wednesday. "We confirm start-up activities are underway on Gorgon train one with a plan to safely resume production in
A new wave of investments in Papua New Guinea’s energy sector could see some $19 billion of projects launched in the coming years, boosting the country’s liquefied natural gas (LNG) output and providing employment to thousands.
The emergence of US liquefied natural gas as a competitive alternative for European and Asian customers, combined with an oversupplied market, should drive more convergence between natural gas prices at major hubs and weaken the link between gas and oil prices, Fitch Ratings says.