LNG

Moore Stephens Expects Vessel Operating Cost to Rise

Vessel operating costs are expected to rise by almost three per cent in both 2014 and 2015, according to a new survey by international accountant and shipping consultant Moore Stephens.

Growing Supply Pushes December Prices Sharply Lower

Asian spot liquefied natural gas (LNG) prices dropped this week as scarce demand, rising supplies and continuing weak crude oil markets put off hopes of a winter rally.

Fredriksen eyes Takeover of Flex LNG

Shipping tycoon John Fredriksen is aiming to take control of Oslo-listed Flex LNG following his purchase of 12.7 million shares that brought his stake in the firm to 43.

Technip & Fluor Bag RAPID UIO Project

  Technip, in a joint venture with Fluor, was awarded an engineering, procurement and construction management contract by PRPC Utilities and Facilities Sdn. Bhd.

Golar LNG - 2014 Share Option Plan

  The Board of Golar LNG Limited has today authorized the issue of up to 2,500,000 share options to Directors and employees of the Company and its subsidiaries

VT Halter Begins Building LNG-powered ConRo Ships for Crowley

VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems), has commenced construction on the first of two liquefied natural gas (LNG)-powered,

Russian Minister to Intervene with Gazprom on Slovakia Gas Flow

Russia's Energy Minister Alexander Novak will intervene with Gazprom to raise reduced gas shipments to Slovakia to contracted levels, Slovakia's economy ministry

BG in Talks to Import Gas to Egypt from Cyprus

BG Egypt, a subsidiary of global energy company BG held talks on Tuesday to import natural gas from Cyprus, the company said on Wednesday. The talks in Nicosia

Demand for Subsea Vessels to Accelerate

Douglas-Westwood (DW) anticipates subsea vessel demand will experience accelerated growth in the coming years at a rate of 7% CAGR. In DW’s new World Subsea Vessel Operations Market Forecast,

Poland Plays Hardball over Russian Gas

Poland said Russia failing to supply requested volumes, but Poland does not need the extra gas, storage almost full. When Poland last month accused Russian natural

Contracts for BP's Indonesian LNG Project

BP said on Wednesday it had awarded the onshore front-end engineering and design (FEED) contracts for the $12 billion Tangguh LNG expansion project to two Indonesian consortiums.

Angola LNG Delays Plant Restart

The restart of Angola's liquefied natural gas (LNG) export plant has been delayed until late 2015 from an original mid-year target after the facility was shut earlier

Russia: Ukraine Has One Week to Ante Up

Ukraine should be able to find ways of paying for Russian gas supplies within a week, Russian Energy Minister Alexander Novak said on Wednesday, suggesting a standoff

Weak Oil Threatens US Export of LNG

Plunging global oil prices may turn hopes for cheap liquefied natural gas supplies from the United States into a costly disappointment for Asian buyers who have

Poland Eyes Expanding LNG Terminal

Poland plans to expand a new liquefied natural (LNG) gas terminal aimed at bolstering energy security and easing dependence on Russian supplies, the chief executive

Poland's PGNiG to Expand Strategic LNG Terminal

Poland's PGNiG and Polskie LNG, the company building a liquefied natural gas terminal at the Baltic port of Swinoujscie, signed a letter of intent on building a third gas storage unit on the site,

Ukraine, Russia, EU Try to Finalize Gas Deal

Differences over debt, prepayments; Ukraine struggling to secure funds for gas payment. Russia says hopes to finalize a deal. Russia and Ukraine aim to resolve

Singapore’s MPA Discuss LNG Bunkering

  The Maritime and Port Authority of Singapore (MPA), Antwerp Port Authority, Port of Rotterdam and Port of Zeebrugge participated in a Liquefied Natural Gas (LNG)

Katharina UGS Capacity Up 1.5 times

  The third cavern of the Katharina underground gas storage (UGS) facility with the capacity of nearly 60 million cubic meters was commissioned in Bernburg. Thus,

New Standard for LNG Cargo Containment Systems

Wilhelmsen Technical Solutions (WTS) said it has successfully completing the gas trial for the first LNG carrier built to a Boil Off Rate (BOR) of 0.08% per day.

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