Marine Link
Wednesday, April 24, 2024
SUBSCRIBE

Natural Gas Facilities News

08 Nov 2023

FOCUS-How Shipping More US Natural Gas to Europe Helped Fuel CO2 Pollution

Credit: alexlmx/AdobeStock

Carbon dioxide emissions from U.S. liquefied natural gas facilities have jumped to 18 million tons per year, up 81% since 2019, adding a volume of greenhouse gas to the atmosphere equivalent to that produced by several big coal plants, according to United States government data.They could more than double to 45 million tons per year by the end of the decade as new facilities, encouraged by soaring overseas demand for the super-cooled fuel, come online, according to company projections provided to the U.S.

22 Oct 2020

Great Lakes Dredge & Dock Moving Its HQ to Houston

(Photo: Great Lakes Dredge & Dock)

Great Lakes Dredge & Dock Co. announced Thursday it is moving its corporate headquarters to Houston, positioning the nation’s largest dredging services provider nearer to major regional projects and opportunities. The firm will also open regional offices in Jacksonville, Fla., and Staten Island, N.Y.The move to Houston from from Oak Brook, Ill., which stems in part from changing industry dynamics, places the company closer to key regional customers and new markets, especially along the Gulf Coast and the Mississippi River…

23 Sep 2013

LNG Capital Expenditure

Michelle Gomez joined DW’s Singapore Office as a researcher, undertaking research and analysis for publications and projects. As the lead author of the ‘The World LNG Market Forecast 2013-2017’, Michelle has drawn on her project experience covering the international gas markets and LNG Capex trend analysis.

A strong continuation in the recovery of LNG expenditure is underway worldwide, driven by a growing demand for natural gas. The new eighth edition of Douglas-Westwood’s (DW) World LNG Market Forecast expects that global capital expenditure (Capex) will total nearly $228B during the 2013-2017 period. The surge includes capital expenditure on base-load onshore and offshore fixed LNG liquefaction, LNG carriers and LNG regasification, via both onshore and offshore fixed import terminals.

04 Jun 2012

Australia's Great Barrier Reef in Danger

Australia’s iconic Great Barrier Reef is under immediate threat from a number of developments and may receive an "in danger" listing as a world heritage site The news comes following a UNESCO visit to the world’s largest living structure in March. The key threats are said to include coastal development, ports and liquefied natural gas facilities, extreme weather, grounding of ships and poor water quality. UNESCO called for the setting of clear, legal targets for the reef’s condition, and said the high level of approvals for planned development was a concern. The World Heritage Committee will discuss the report when it meets in St Petersburg later this month.

30 Oct 2007

House Judiciary Committee Approves FY 2008 Coast Guard Bill

The House Judiciary Committee approved the Fiscal Year 2008 authorization bill for the U.S. Coast Guard. The legislation has already cleared the House Homeland Security Committee and the House Transportation and Infrastructure Committee. Prior to final approval, the Judiciary Committee added language strengthening the Coast Guard’s ability to combat maritime smugglers of illegal immigrants and would rachet up security at ports and liquefied natural gas facilities. It would also increase funding for the Coast Guard’s controversial Project Deepwater program designed to modernize its fleet. The addition of $229m for the program would restore deepwater acquisition funding to its F.Y. 2007 level of $1.2b.

11 Oct 2005

FERC Requires Pre-Filing Process for New LNG Projects

The Federal Energy Regulatory Commission adopted a final rule requiring potential developers of new liquefied natural gas (LNG) terminals to initiate pre-filing procedures at least six months prior to filing a formal application with the Commission. Initiating the rulemaking was the Commission’s first formal action under the recently enacted Energy Policy Act of 2005. The new law requires the Commission to issue within 60 days of the law’s August 8, 2005, enactment rules mandating the Commission’s previously voluntary pre-filing process for LNG facility proposals. Commission Chairman Joseph T. Kelliher said: “Congress set a lot of ambitious targets for implementation of the Energy Policy Act.