Gas Storage News
US Exports Record Levels of Natural Gas to Mexico
U.S. natural gas pipeline exports to Mexico averaged 7.5 billion cubic feet per day (bcfd) in May 2025, the most of any month on record as Mexico's demand for natural gas increases, the U.S. Energy Information Administration said on Monday.On an annual basis, U.S. natural gas pipeline exports to Mexico averaged 6.4 bcfd in 2024, a 25% increase compared with 2019 and the highest on record in data going back as early as 1975, the EIA report stated."Total consumption of natural gas in Mexico increased from 7.7 bcfd to 8.6 bcfd during the same time (2019-2024) period…
Tsuneishi Delivers Japan’s First Hydrogen Dual-Fuel Tugboat
Tsuneishi Shipbuilding has delivered Ten-Oh, Japan’s first tugboat equipped with a hydrogen-powered internal combustion engine.The 38-meter tugboat is equipped with a BeHydro high-output hydrogen dual-fuel engine and a high-pressure hydrogen gas storage system with large-capacity and supply system, supplied by JPNH2YDRO — a joint venture between Tsuneishi Group and CMB.TECH.The vessel was developed and built under The Nippon Foundation’s Zero Emission Ships Project which aims…
GES Exits Dutch Market with Rotterdam Terminal Sale to Tepsa
Global Energy Storage Group (GES) has completed of the sale of its terminal located in the Port of Rotterdam to French-based firm Tepsa.The facility, which includes 212,000 m3 of tank storage and approximately 18 hectares of development land in the Europoort area, was sold to Tepsa, a European bulk liquid and gas storage operator.The transaction represents a key milestone for GES as it continues to focus its resources on expanding its presence in the fast-growing Asian market…
Korean Partners to Jointly Advance Cargo Tank Designs for Liquefied Gas Carriers
KR (Korean Register) has signed a memorandum of understanding (MoU) with HD Hyundai Mipo and HD Korean Shipbuilding & Offshore Engineering (HD KSOE) to collaborate on safe and sustainable tank design for green ships.The three parties aim to improve the structural safety and design reliability of IMO Type-C independent tanks - one of the most widely adopted containment systems for low-emission vessels.Type-C tanks are commonly used on small to mid-sized gas carriers and bunkering vessels due to their structural independence and ability to store high-pressure cargo…
Shipyard in Focus: Tsuneishi Shipbuilding – 120 Years of Innovation & Expansion
For more than 120 years, Tsuneishi Shipbuilding has been a force in global shipbuilding, evolving from a small domestic enterprise into an internationally respected brand. Established in 1903 by Katsutaro Kambara, Tsuneishi's journey mirrors the broader industrial and economic transformations of Japan and the maritime world itself.Kambara's initial venture, Kambara Kisen Co., Ltd., was focused on shipping operations. By 1917, the company established its own construction and repair facility, Shiohama Dockyard, at the site of today's Tsuneishi Factory.
Japan’s First Hydrogen Dual-Fuel Tugboat Launched
Tsuneishi Shipbuilding launched Japan’s first tugboat to be equipped with a hydrogen-powered internal combustion engine (ICE). This vessel was launched in late March at Tsuneishi Factory, equipped with a high-power output hydrogen dual-fuel ICE and a high-pressure hydrogen gas storage system with large-capacity and supply. It also used “JGreeX” which are produced by JFE Steel Corporation as green steel for all of its steel plates.The tugboat is installed with twin 12-cylinder hydrogen-blended engines (4…
Ukraine and Russia: Accusations of Breaking Truce Agreements
Ukraine and Russia accused one another on Wednesday of flouting a truce on energy strikes brokered by the United States, and conditions set by Russia cast doubt over a planned ceasefire in the Black Sea.The United States announced separate agreements with Ukraine and Russia on Tuesday to pause their strikes in the Black Sea and against each other's energy targets, but the rhetoric from Moscow and Kyiv suggested they remained far apart.President Volodymyr Zelenskiy said the U.S. side told Kyiv the deals were effective as soon as they were announced.
Noble Gas wins DNV AiP for Hydrogen Storage Vessel
Noble Gas Systems (Noble Gas) received an Approval in Principle (AiP) certificate for its conformable hydrogen storage vessel from DNV, a globally recognized company that provides independent assurance, certification, risk management and advisory services.“This is a significant milestone for us as we further validate the viability and safety of our storage system across multiple uses and industries,” said Chris Kondogiani, CEO of Noble Gas. “This demonstrates the progress we have made in materials…
Shipbuilder Harland & Wolff to Appoint Administrators as Debt Woes Deepen
Harland & Wolff said on Monday it plans to appoint administrators in the coming days as the company known for building the Titanic struggles with a debt crisis.The Belfast-based shipbuilder, which survived closure once in 2019, said it would cut jobs in its non-core and certain central support areas, without specifying the number of roles affected.It will also either dispose of or wind down its non-core assets.Harland & Wolff's non-core operations include its Marine Services business, the Scilly Ferries business, and its U.S.
Port of Houston Shut Ahead of Tropical Storm Beryl
The largest ports in Texas closed operations and vessel traffic on Sunday as Hurricane Beryl intensified as it approached the Texas coast near Houston.Beryl, which left a trail of destruction this week in the Caribbean, killing at least 11 people, was now a category 1 hurricane and may strengthen into a category 2 by landfall on Monday, the U.S. National Hurricane Center (NHC) said.The ports of Corpus Christi, Houston, Galveston, Freeport and Texas City said they closed after condition "Zulu" was set by Coast Guard captains on Sunday.
Certification Bodies Approve GTT’s NEXT1 LNG Cargo Containment System
French engineering company for liquefied gas storage GTT has secured approvals from Bureau Veritas and Lloyd's Register for its NEXT1 LNG cargo containment system.Bureau Veritas issued a Design Approval (DA), while Lloyd's Register granted a General Approval for Ship Application (GASA) to GTT.The two approvals, officially granted at the Posidonia 2024 maritime show in Athens, mark a major milestone for the company's NEXT1 technology.Through them, Bureau Veritas and Lloyd's Register confirm that the technology complies with all applicable rules and regulations…
Qatari LNG Tankers Resume Course Via Red Sea
Four tankers used for shipments of Qatari liquefied natural gas (LNG) have resumed course after pausing for several days amid maritime attacks by Yemen's Iran-aligned Houthis in the Red Sea, LSEG shiptracking data showed on Tuesday.The Houthi attacks, in what they call a bid to support Palestinians in the war with Israel, have disrupted trade on the main East-West route that makes up about 12% of global shipping traffic.On Monday, the Houthi movement vowed to widen its targets in the Red Sea region to U.S. ships, following U.S.
US Was Top LNG Exporter in 2023 as Hit Record Levels
U.S. liquefied natural gas exports hit monthly and annual record highs in December, tanker tracking data showed, with analysts saying it positioned the United States to leapfrog Qatar and Australia to become the largest exporter of LNG in 2023.The U.S. was the stand out in global LNG supply growth in 2023, said Alex Munton, director of global gas and LNG research at consulting firm Rapidan Energy Group of the rise to 8.6 million metric tons leaving U.S. terminals in December.Qatar was the largest LNG exporter in 2022 and Australia the second-largest that year, U.S. government data showed."U.S.
US October LNG Exports Climb to Second Highest Level on Record
U.S. liquefied natural gas (LNG) producers ramped up exports in October, to 7.92 million metric tons, according to data provider LSEG, the second-highest monthly level on record.Exports were just shy of the record 8.01 million metric tons in April this year, and were up from 7.12 million metric tons in September, when plant maintenance reduced U.S. production.The U.S. was the world's largest exporter of LNG in the first half of this year, according to the Energy Information Agency, ahead of Qatar and Australia.
New FSRU Arrives in France as Greenpeace Blocks Port
A new LNG floating storage regasification unit (FSRU) arrived in western France on Monday morning, a TotalEnergies' spokesperson said, as activist group Greenpeace tried to prevent it from entering port.Demand for liquefied natural gas (LNG) in Europe has grown in the wake of the war in Ukraine, with France relying on its four LNG terminals to replace Russian gas imports and help supply neighbors like Germany.The Cape Ann FSRU arrived at Le Havre port on Monday morning, LSEG ship tracking data showed.However, environmental group Greenpeace blocked the tanker's course in protest at what they sa
Australia LNG Strikes Would Need to Last Over a Month to Spike Prices, Analysts Say
Threatened strikes by workers at Australian liquefied natural gas (LNG) providers would need to last more than a month to significantly push up global prices, analysts said this week.The Woodside Energy and Chevron operations supply about 10% of global LNG output and worries of a walkout have lifted prices of European gas benchmark TTF forward curve 5%-7% higher over the September-to-April period than just before the news of a potential strike.The three Australian plants facing possible strikes risk losing 4 to 5 billion cubic meters of production per month if they go offline…
LR Grants AIP for Ammonia FSRU
A new ammonia floating storage regasification unit (FSRU), the first of its kind in Korea, has been awarded approval in principle (AIP) from Lloyd’s Register (LR), the classification society announced Tuesday.Developed by HD Hyundai Heavy Industries (HHI) and Korea Shipbuilding & Offshore Engineering (KSOE), the ammonia-FSRU will store liquefied ammonia transported from production areas and can perform regasification to supply to shipowners and operators. FRSUs are an increasingly…
Third Floating LNG Terminal Arrives in Germany
A floating terminal to import liquefied natural gas (LNG) arrived in the port of Brunsbuettel on Friday, the third such vessel to start up in recent weeks as Germany rushes to diversify away from former top supplier Russia.The Hoegh Gannet floating storage and regasification unit (FSRU) arrived at the Brunsbuettel Elbehafen port near Hamburg.It will allow LNG tankers to land and their cargoes to be regasified and fed into the country's grid."Floating LNG terminals enable the import of gas and thus strengthen Germany's security of supply," said Markus Krebber, chief executive of RWE RWEG.DE, which has spearheaded the project."The strong…
Freeport LNG May Extend Texas Plant Restart to February
Top U.S. gas exporter, Freeport LNG, is expected to further extend the seven-month-long outage of its liquefied natural gas (LNG) export plant in Texas to February, as it awaits regulatory approvals, three sources told Reuters on Wednesday.Accounting for 20% of U.S. LNG exports, resumption of the facility is important to ease the squeeze of global LNG supplies, especially as Europe is rebuilding its gas storage after Russia cut gas exports following Moscow's invasion of Ukraine."There has been no official messaging…
Italy's LNG Import Capacity and New Terminals
Italy plans to boost its liquefied natural gas (LNG) import capacity to 27 billion cubic metres (bcm) from nearly 17 bcm currently as it seeks to completely replace Russian gas supplies following Moscow's invasion of Ukraine.In 2021, Moscow provided Rome with 29 bcm of gas via pipelines, equal to around 40% of Italy's total imports but Russian supplies have fallen in recent months to around 10% of total imports. Italy, which can now count on three LNG terminals, has mandated gas grid operator Snam SRG.MI to buy and set up two additional floating storage and regasification units (FSRU) near the cities of Piombino and Ravenna.A timely start for the Piombino FSRU is crucial to allow Italy to fill gas storage facilities in time for winter 2023…
Snam Confirms 2022 Guidance, aims to boost Italy's Gas Storage & Transport Facilities
Italian gas grid operator Snam confirmed on Thursday its guidance for full-year net profit after reporting a rise of 10% in nine-month revenue to 2.4 billion euros ($2.41 billion). The state-controlled group said it planned to boost Italy's gas storage and transport facilities after getting the go-ahead to set up two new LNG terminals. The new floating LNG terminals and investments in gas infrastructure are part of a broader effort by the Italian government to replace dwindling Russian gas supplies and keep a lid on energy costs. The gas grid operator reported a decline of 9% in gas consumption by the industrial sector between January and September, in a sign that companies in Italy have cut activity in the face of high commodity prices and supply difficulties.
U.S. LNG Exports Dip in October
U.S. exports of liquefied natural gas (LNG) in October remained capped by plant outages, with producers shifting more cargoes to Asian buyers last month, according to Refinitiv Eikon tanker monitoring data, after of a pipeline leak cut supplies from Malaysia. LNG prices recently have cooled with Europe's gas storage levels rising to over 90% of target capacity and a slow start to winter. In Asia, however, a declaration of force majeure on gas supplies by Malaysian state-energy company Petronas PETR.KL has LNG customers in Japan scrambling for alternative cargoes.
Freeport LNG Plant to Require Full US Approval Before Partial Restart
The second-largest U.S. liquefied natural gas export plant, idled for five months by a fire, must receive full approvals before a planned November restart can begin, regulator Pipeline Hazardous Materials and Safety Administration (PHMSA) said on Wednesday.Full approval adds to the hurdles for restarting Freeport LNG, one of the earliest and biggest U.S. export facilities. The closely-held company aims to restore more than 85% of pre-fire processing capacity next month and complete…