LNG

India Seeks Stake in Iran LNG Terminal

 Indian Petroleum Minister Minister Dharmendra Pradhan says India has expressed interest in setting up an LNG terminal at Chahabar port in Iran to ship back home natural gas from Persian Gulf nation,

MOL's LNG Carrier KUMUL Delivered

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced the delivery of the LNG carrier KUMUL at Hudong-Zhonghua Shipbuilding (Group) Co.

China Equipments to Yamal LNG

 The first shipment of a ‘core kit’ for Russia’s Yamal LNG project has set sail for northern Russia from the Chinese port of Qingdao.   China's first batch of

Pressure Steady on LNG Shipping Rates -Drewry

LNG shipowners will have to wait until 2018 for earnings to improve, when the majority of new US plants are expected to come online, according to the latest edition

Samsung Heavy Loses $4.6-bln FLNG Order

 South Korea’s shipbuilder Samsung Heavy Industries (SHI), the world’s third-largest shipbuilder,  has received a contract termination for three floating liquefied

AIDAprima Makes Maiden Call at Southampton

AIDA Cruises’ new flagship AIDAprima docked in Britain’s Southampton port for the first time on the morning of April 27, 2016, as part of a four-day short cruise.

Total in Final Stage of Yamal LNG Financing Deal

French oil and gas company Total is in the final stage of negotiating a $4 billion financing arrangement with Russian banks to fund the Yamal LNG project, the company's

Statoil: Limited U.S. LNG Impact in Europe this Year

The European natural gas market is well supplied by pipeline gas from Norway and Russia, Norway's Statoil said on Wednesday, adding that it expected only limited impact from U.

US Battles Russia for European LNG Market

 As the U.S. prepares to enter the European gas markets with its first delivery of liquefied natural gas, Norway and Russia are expected to increase production

Nigeria's LNG Export Falls

 Babs Omotowa, Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), has raised alarm over Nigeria’s dwindling investments in Liquefied Natural Gas (LNG),

New ClassNK Guidelines for Gas-fueled Ships

Classification society ClassNK has released the fourth version of its Guidelines for Gas Fueled Ships.   With the introduction of increasingly strict environmental regulations,

Dana Gas: No Gas Import Deal with Iran

The United Arab Emirates' Dana Gas has not been able to reach an acceptable deal with Iran on natural gas imports into the UAE, and an arbitration process will continue,

Speculators Boost U.S. Natural Gas Long Positions

U.S. natural gas speculators boosted their net long positions on a bet that prices will rise in future months as an easing in production and pick-up in demand combine

Braemar Engineering Founder Holderness Retires

Braemar Engineering announces the retirement of Michael Holderness, founder of Braemar Engineering (formerly Wavespec), at the end of April. Since the establishment of Wavespec in 1993,

Australia looks to end ExxonMobil, BHP Joint Gas Sales

Australia's competition watchdog wants to break up a marketing joint venture between ExxonMobil Corp and BHP Billiton to help boost competition in the eastern Australian gas market, it said on Friday.

Cyprus LNG Terminal Non-starter?

 Cypriot President Nicos Anastasiades has said that building an LNG terminal in Cyprus will depend on discoveries and the results of the country’s third licensing round.

Sinopec Rolls Out Beihai LNG-import Terminal

 China Petroleum and Chemical Corp (Sinopec) has taken delivery of the first LNG cargo at its new terminal at Beihai City in Guangxi Zhuang, with the arrival yesterday

US Senate Passes Bill to Bolster Power Grid, Speed LNG Exports

The U.S. Senate passed the first energy bill in nine years on Wednesday, legislation that contains modest measures popular with both Republicans and Democrats to

GAIL Seeks Interest in Swapping Out U.S. LNG Supplies

State-run GAIL (India) Ltd has been seeking to swap some of its contracted gas supplies from Sabine Pass Liquefaction in the United States to reduce shipping costs.

LNG Tanker Creole Spirit Headed for Portugal from US

The Creole Spirit liquefied natural gas (LNG) tanker is destined for Portugal from the U.S. Sabine Pass project, two trade sources said.   Creole Spirit is the

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