LNG

LNG: Did the Greeks Get it Wrong?

 In December 2013, Alibra’s market report front page read: “When in shipping, do as the Greeks do.” At that time, Alibra was referring to the fact that 31% of the

Speculators Cut U.S. natgas net longs Again

U.S. natural gas speculators cut their net long positions for a second week in three, betting prices will decline in the future to encourage power generators to

Argentina Buys 6 LNG Cargoes

Argentina's state-run energy firm Enarsa has purchased six liquefied natural gas (LNG) cargoes as part of a recent tender from Vitol, Gunvor, Trafigura and Iberdrola, trade sources said.

Ship of the Year Award for NYK Vessel

Japan's first LNG-fueled ship, Sakigake, which is a tugboat owned by NYK has been recognized with a Technology Special Award at the 2015 Ship of the Year Awards

Chevron, JOVO Agree on LNG Supply Terms

Chevron Corporation announced that its wholly-owned subsidiary, Chevron U.S.A. Inc., has signed a Key Terms Agreement with Singapore Carbon Hydrogen Energy Pte.

First U.S. LNG shipment to cross expanded Panama Canal

The United States will ship its first liquefied natural gas (LNG) cargo through an expanded Panama Canal next week.   The waterway shaves distances between export

GTT Cuts Outlook on Ship Construction Delays

French supplier of systems for marine transportation of liquified natural gas (LNG) Gaztransport & Technigaz (GTT) reported strong growth in its first half results

LNGL Modifies Staffing levels

Liquefied Natural Gas Limited announced staff reductions resulting in a more streamlined organisation having a lower, more sustainable fixed cost base.  These

Technip Bags Contract for LNG Louisiana Project

Technip was awarded a Master Services Agreement (MSA) by SCT&E LNG, Inc. for their proposed 12 mtpa Liquefied Natural Gas (LNG) export terminal located on Monkey Island,

Eni: Dutch Stake to be Seized after GasTerra Arbitration Loss

Italian oil and gas group Eni said on Wednesday it lost a gas price review arbitration against Holland's GasTerra and was notified of a provisional seizure by a

Trelleborg to Showcase Smarter Approach to LNG at SMM

Trelleborg’s marine systems operation will showcase its SeaTechnikTM Universal Safety Link (USL) and the Integrated Ship-Shore Link (SSL) and Emergency Shut-Down

Four Firms Could Tender for Egypt's Regasification Needs

Four international firms expressed interest in Egypt's tender to lease a third regasification unit, an Egyptian official told Reuters on Wednesday. The firms include Norway's Hoegh,

ExxonMobil's InterOil Offer a model for Bottom Fishing: Russell

ExxonMobil Corp's bid to buy a junior natural gas explorer in a remote Pacific country shows that rare corporate ability of planning a deal at the bottom of the

ExxonMobil Raise Stakes for InterOil in PNG gas push

ExxonMobil takes on Total in bid to expand in Papua New Guinea. New bid could help tie together rival LNG projects. ExxonMobil Corp has made a bid worth at least $2.

South Korea Mulls LNG Bunkering Hub

 A group of South Korean companies including shipbuilders have come together to establish an association dedicated to developing liquefied natural gas (LNG) bunkering

NOIA Applauds Passage of House Interior Appropriations Bill

NOIA President Randall Luthi released the following statement after the House of Representatives passed the 2017 Interior and Environment Appropriations bill: “NOIA

LM2500 Gas Turbine Powers Turkish Navy's MILGEM Corvette

GE’s Marine Solutions announced that the Turkish Navy’s third MILGEM multi-purpose corvette TCG Burgazada was launched powered by a GE LM2500 gas turbine-based propulsion system.

Wärtsilä in Coalition to Promote LNG as a Marine Fuel

 Wärtsilä and other leading marine industry players have formed a coalition, known as SEA/LNG, to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel.

Japan Regulator Investigating LNG Shipping Restrictions

Japan's anti-monopoly regulator is investigating whether clauses in liquefied natural gas (LNG) contracts preventing buyers from selling the fuel to third parties hurts competition,

Qatar's Nakilat Q2 Profit Declines 2.8%

Qatar Gas Transport Co (Nakilat), one of the world's largest shippers of liquefied natural gas, posted a 2.8 percent decline in second-quarter net profit on Wednesday,

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