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.
Russia-based energy company Gazprom has negotiated about supplies of liquefied natural gas (LNG) to Kuwait, reports Tass. The talks continue in "a rather progressive mood,"during the the Energy Minister Alexander Novak’s visit to the Middle East country
Natural gas is set to account for an increasing share of the global energy mix in coming years, with gas consumption growing by an average of around 1.5%-2% a year out to 2040, according to energy forecasting agencies such as the IEA.
Greece-based GasLog Partners LP has reached an agreement to buy 100% of the shares in the entity that owns and charters the liquefied natural gas (LNG) tanker GasLog Greece from GasLog Ltd. The aggregate purchase price for the Acquisition will be $219 million
China's offshore oil and gas producer CNOOC Ltd reported its worst annual result since at least 2011, with revenue from its core oil and gas business tumbling 17 percent last year, but it expects to raise output 2017 as oil prices rebound.
With the United States about to become a net exporter of natural gas for the first time in 60 years, Intercontinental Exchange Inc said on Wednesday it would begin trading the first-ever U.S. liquefied natural gas futures contract in May.
Gail India launched a tender seeking a liquefied natural gas (LNG) cargo for delivery in the first-half of April, trade sources said. The tender, launched on Monday, follows two recent cargo purchases also for delivery in April.
Rising exports have thrown a lifeline to U.S. shale producers and refiners, giving them an additional outlet at a time when the domestic market has been at risk of becoming saturated. The United States exported record quantities of natural gas, propane, gasoline
Mexico's state-run power utility CFE has extended the close of a buy tender seeking two liquefied natural gas (LNG) cargoes in April by one day to Wednesday, trade sources said. The deliveries are due to arrive at Mexico's Altamira terminal on the Atlantic coast
Since its first day of operations in May 17, 1989, the Nigeria LNG Limited (NLNG) has recorded no fewer than 45 vessels chartered-in and five chartered out, said a report in ThisDay. The chartered-in including liquefied natural gas (LNG)
French oil giant Total held talks with Iranian officials about several projects in the country in 2016, notably a 10 million tonnes per year liquefied natural gas project (LNG), Reuters reported. It has signed an agreement with Iranian authorities for a 50 per cent stake in
Liquefied natural gas from the Świnoujście LNG terminal is being loaded onto tank trucks and transported to Estonia. Its serves as fuel for ferries built in 2015 in the Polish shipyard in Gdańsk. The loading of LNG onto tank trucks takes place at the terminal on business days
Industry expert predicts LNG will remain a key energy source; energy authority expect that Japan’s reliance on LNG will continue to grow Japan imported 8.3 million metric tons of LNG in January, an increase of 1.06 million metric tons compared to the previous year
Royal Dutch Shell PLC has officially shelved its plans to build the Prince Rupert LNG project, which had been planned for Ridley Island in British Columbia. However, it is still considering the potential of its other West Coast LNG option.
In February 2017, the Panama Canal set a new daily tonnage record of 1.18 million Panama Canal tons (PC/UMS) after welcoming a total of 1,180 vessels through both the expanded and original locks, the Panama Canal Authority reported. The previous record was established the month prior in January
A tender to supply Italy with about 15 liquefied natural gas (LNG) cargoes between April and September attracted highly competitive winning bids from traders including Gunvor, Trafigura, MET and Uniper, trade sources said. Companies offered to supply the shipments at only a slight premium