Small Scale Lng
In order to better understand the consequences of an accidental liquefied natural gas (LNG) release, DNV GL has been asked by the industry to initiate a Joint Industry Project (JIP). It will be run in collaboration with E&P companies and LNG market stakeholders. The JIP will contribute to the development of rigorous safety standards and guidelines for small scale LNG bunkering and filling stations. Other E&P and energy companies still have time to join the project. LNG is evolving; from large-scale seagoing vessels and large bunkering and regasification plants, towards small-scale use as fuel for road transport and short seagoing vessels. It is an attractive fuel since it offers less emissions, reduced noise levels and competitive prices compared to other conventional bunker fuel like Marine Gas Oil (MGO). DNV GL has already made steps forward to harmonize LNG bunkering operations by launching a Recommended Practice which provides guidance on how LNG bunkering can be undertaken in a safe and efficient manner. Despite the well established large scale LNG market, challenges remain regarding the development of small scale LNG sector, for example: quality management, material specification, metering and sampling methods and lack of safety standards and guidelines. To address this, regulation authorities in European countries such as the Netherlands and U.K
Natural gas supply and trading company Litgas, part of Lithuania's state owned energy holding Lietuvos Energija, and Statoil, leading global energy company in oil and gas production, signed a memorandum of understanding (MoU) on July 2nd in Vilnius, Lithuania regarding establishment of a joint venture company in Lithuania to develop small scale LNG bunkering services. The new joint venture company is planned to be established in Lithuania later this year and would supply LNG as
Wärtsilä's John Hatley PE, Americas VP Ship Power, will talk on the subject at upcoming International Workboat Show (IWBS), New Orleans. Wärtsilä’s gas systems offerings now include small scale LNG liquefaction , regasification , LNG fuel systems and LNGPac . Combined with Wärtsilä’s dual-fuel engine technology this expanded scope of supply is delivering the benefits of LNG along with operational flexibility.
Crowley Maritime Corporation's petroleum services group is entering the Liquefied Natural Gas (LNG) market by acquiring Carib Energy LLC. Florida-based Carib Energy, founded in 2011, was the first company to receive a small scale, 25-year, LNG export license from the U.S. Department of Energy (DOE) for LNG transportation from the U.S. into Free Trade Agreement (FTA) countries. While Crowley’s overall strategic focus on the LNG market will span several of its diversified business
International classification society Bureau Veritas is classing the world’s largest bilobe gas tanks. They are nearing completion at China’s Sinopacific yard and will be installed in a series of four 27,500 cu m semi-refrigerated LNG/Ethylene carriers building for Denmark’s Evergas. Each of the IMO Type C bilobe tanks has a capacity of 9,686 cu m. Two of the tanks in each vessel will be supplemented by a third conical Type C cargo tank and a smaller LNG fuel tank on the
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, representing an ownership stake of approximately 2.3 percent in the company. Commenting on the investment, Niels G. Stolt-Nielsen, CEO of Stolt-Nielsen Limited, said
Argent Marine Operations (AMO) has been contracted by Alaska Intrastate Gas Company (AIG) to design, develop, construct and operate barges to transport liquefied natural gas (LNG) from Prince Rupert, British Columbia to the Alaska panhandle, Gulf of Alaska and Kodiak region. The barges will be specially designed by AMO for the demanding conditions of the Canada to Alaska trade. According to Jay Gottlieb of Argent Marine Companies, of which AMO is a unit
EXMAR has teamed up with Pacific Rubiales to build a small-scale LNG export project in northern Colombia. The Colombian-Canadian exploration and production player and EXMAR have begun front-end engineering and design for the scheme. Plans involve building a small liquefaction barge and a pipeline from the company’s La Creciente gas field to the Caribbean coast and shipping to the targeted markets. The project is targeting Caribbean and Central American markets.
Over the past couple of decades, natural gas (NG) has become a fuel of choice for power generation. One way of increasing the availability of NG is through the use of liquefied natural gas (LNG). Global LNG trade is expected to grow by 30% in the coming few years. In connection to LNG production growth, receiving and re-gasification capacity must grow as well. A substantial part of this growth will come from the development of small-mid scale LNG receiving and re-gas terminals
USCG completes LNG bunkering regulations with reference to DNV GL’s Recommended Practice Responding to the industry’s need for more guidance on procedures related to liquefied natural gas (LNG) bunkering, the U.S. Coast Guard (USCG) has published two new Policy Letters on LNG Bunkering, Personnel Training and Waterfront Facilities. With regard to simultaneous operations (SIMOPS) USCG points to DNV GL’s Recommended Practice for “Development and
Nicolas Saverys-led Exmar has agreed to integrate its LNG assets and infrastructure with those of John Fredriksen’s Geveran and Flex LNG under a new USD 2.3 billion company – Exmar LNG Ltd. Belgian liquefied natural gas (LNG) carrier owner and operator Exmar and Geveran
GasLog Partners LP and GasLog Ltd. announced today the closing of the Partnership’s acquisition from GasLog of 100% of the ownership interests in the entities that own and charter the liquefied natural gas (“LNG”) carriers the Methane Alison Victoria
Ships running on liquefied natural gas (LNG) are going to be able to bunker at the Port of Gothenburg, as new regulations for LNG bunkering have been introduced by the Gothenburg Port Authority in collaboration with the Port of Rotterdam and the Swedish Transport Agency.
Teekay GP LLC, the general partner of Teekay LNG Partners L.P. has declared a cash distribution of $0.70 per unit for the quarter ended June 30, 2015. The cash distribution is payable on August 14, 2015 to all unitholders of record as at July 14, 2015.
The first Wärtsilä low-speed two-stroke dual-fuel (DF) engine destined for a commercial application has reportedly completed its Factory Acceptance Test (FAT) at a Chinese licensee of Winterthur Gas & Diesel (WinGD), the Switzerland-based designer
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
As industry embraces gas, emissions regulations loom large and bunker logistics options develop, LNG’s fortunes nevertheless get a boost. For every gleeful consumer at the pump, and stockpiling tanker anchored offshore, there’s a corresponding trail of businesses that are
Anadarko Petroleum is in talks with newly formed Japanese joint-venture vehicle Jera, set to become the world's biggest buyer of liquefied natural gas (LNG), to sell long-term supply from its Mozambique export scheme. The U.S. oil major's gas finds in Area 1 of Mozambique's Rovuma
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
Finnish natural gas importer Gasum and Dutch gas tanker ship-owner Anthony Veder have signed an agreement for a long term time charter of a new ICE Class 1A Super LNG carrier. The companies have agreed on a long term timecharter for a state of the art 18,000 cbm LNG carrier
Asian liquefied natural gas (LNG) spot prices for August delivery were firm on Friday, underpinned by steady demand from the Middle East and the potential for stronger European demand after production cuts at the region's largest gas field.
The U.S. Trade and Development Agency informs it has awarded a grant to the Panama Canal Authority (ACP) to support the planning of a liquefied natural gas (LNG) import terminal. The Panama Canal is expected to handle significant LNG tanker traffic upon completion of the canal expansion
The Panama Canal Authority (ACP), which administers the canal, is looking at building a Liquefied Natural Gas (LNG) import terminal near the Canal. The ACP has been awarded a US Trade and Development Agency grant to help fund a feasibility study for the project
Cheniere concluded its maiden LNG spot trade earlier this week at for late-July delivery to an Asian buyer, reports Platts quoting a source with direct knowledge of the deal. Sources told Platts that the maiden trade was completed at $7
Bergen Tankers’ 95-meter-long chemical and product tanker Bergen Viking has returned to service following its conversion from diesel-electric to liquefied natural gas (LNG)-electric propulsion. Delivered in 2007, the Rolls-Royce powered vessel supplies diesel and petrol along