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Less Gas News

19 Oct 2023

LNG Tanker Diverts from Egypt Terminal as Gas Flows from Israel Ebb

A tanker seeking to fill up liquefied natural gas (LNG) at a terminal in Egypt left empty and diverted to another port, after an Israeli pipeline supplying gas was halted due to Israel-Hamas conflict, analysts said on Thursday.The Seapeak Catalunya tanker has changed course from Egypt's Idku LNG plant and is now heading to Algeria's Arzew LNG facility instead, LSEG analyst Olumide Ajayi said, citing shipping data.Chevron has shut down the Israeli Tamar gas field amid the military conflict in the country and suspended exports through the subsea EMG pipeline, which runs from Ashkelon in southern Israel to Egypt.Egypt relies on Israeli gas imports to meet some of its domestic demand and therefore…

01 Sep 2023

US LNG Exports Slip in August

© Björn Wylezich / Adobe Stock

U.S. exports of liquefied natural gas (LNG) fell in August as some processing plants reduced output and a heat wave increased gas demand for power, leaving less gas available for LNG production, according to vessel monitoring data and analysts.Above-normal temperatures and drought hit the U.S. Southwest last month, triggering record electricity demand and forcing providers to ask users to voluntarily reduce consumption. Maintenance outages also curbed processing at two Cheniere Energy facilities: Sabine Pass in Louisiana and Corpus Christi in Texas.Gas supply to the seven largest U.S.

12 Feb 2021

Ship Tech: GHG Emission Reduction focus of NYK LNG-Fueled PCTC Newbuilds

Image of LNG-fueled PCTC to be built. Image courtesy NYK

NYK has concluded a shipbuilding contract with China Merchants Jinling Shipyard (Nanjing) Co. Ltd. for four LNG-fueled PCTCs to be delivered from 2022 to 2023, intended to transport vehicles mainly to/from Europe and/or to the Middle East.The ships are designed with GHG emission reduction, and to that end they will be outfieed with WinGD’s X-DF2.0 iCER main engine, the first time they will be utilized in the world. According to NYK, the engine consumes less gas and reduces GHG by cutting methane emissions from exhaust gas by approximately 50%.

24 Mar 2017

Asian Spot LNG Prices Slip on Weak Demand

© Altin Osmanaj / Adobe Stock

Asian spot LNG prices fell this week on poor demand from major gas-consuming regions despite a slew of new purchase tenders. The May spot LNG contract fell by $0.25 cents to $5.40 per million British thermal units (mmBtu), with new production coming on stream in Australia and the United States. Analysts and traders mainly blamed low demand for driving prices lower. In the Middle East, Abu Dhabi was staying on the sidelines of the market and new solar power capacity in Dubai was eroding gas demand there.

14 Sep 2014

Poland Received Less Gas Than Requested from Gazprom

Poland's gas pipeline operator Gaz-System said the country received about 20 million cubic metres of natural gas on Friday from the eastern direction, less than requested by the state-controlled importer PGNiG. "The increased requests of PGNiG are still not being met," Gaz-System's spokeswoman Malgorzata Polkowska said on Saturday. "But Poland is receiving from all import points more gas than its daily consumption." Gazprom is the sole supplier of natural gas from the eastern direction for Poland. (Reporting by Marcin Goettig; Editing by Michael Urquhart)

28 Mar 2014

LNG Market Not Impacted by Changed Crimea Status: Analysis

Gas Carrier Foredeck: Photo courtesy of Navigator

While a threat of a cut in gas supplies could emerge from Russia, Ukraine, or the E.U., the reality is that the commercial situation could use a little less gas in the market and that goes for Europe and Asia. From an LNG perspective, if you are going to have a supply crisis, the second quarter is probably the best time of the year to have it, as Asian gas demand drops to seasonal lows and Europe is showing record amounts of length in its own balances. In reality, a crisis still appears to be a long shot…

16 Apr 2013

New Gas Detector from Martek

Martek Marine 4

Maritime safety equipment innovator, Martek Marine, has released a MED-certified portable gas detector that can be easily and safely recalibrated onboard, providing tamperproof certification to meet the many regulations governing detector calibration. The Paris and Tokyo MOUs and oil major criteria require calibration records to be kept for all fixed and portable gas detectors onboard. Martek’s Marine 4 is supplied with a self-certification/calibration station which provides the user with fail-safe automatic bump testing and calibration.

06 Sep 2005

Hybrid Propulsion System for LNG Tankers

The Siemens Industrial Solutions and Services Group (I&S) has developed the "Siship Coges" hybrid power-supply and propulsion system for use on LNG (liquefied natural gas) tankers. Two SGT 500 gas turbines are the heart of the electrical power generation system. This type of turbine is designed to be operated with gaseous and liquid fuels at the same time, as a result of which the "boil-off" of the LNG can be used as well as heavy-oil and diesel fuels. Two heat-recovery units, a steam turbine, and an optional diesel generator complete the on-board power system. The approximately 50,000 kW of generated electrical energy supplies two electric motors for powering the propeller shafts, the liquid-gas compressors, and pumps in the cargo area; as well as the on-board power supply system.