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Lng Company

Mustang Engineering and Wood Group awarded US Patent

Mustang Engineering, a wholly owned subsidiary of international energy services company John Wood Group PLC, and Wood Group, have been awarded U.S. patent 715 5917 for a proprietary process to convert liquefied natural gas (LNG) into natural gas, according to Oilonline. This technology, marketed as the LNG Smart Air Vaporization (SAV) process, uses a closed-loop intermediate fluid circulating through fin-fan heat exchangers to extract heat from ambient air to vaporize LNG from its cryogenic state at - 260°F back to pipeline temperatures for transporting and storage. When compared with the more traditional submerged combustion vaporization technique, the SAV technology provides major reductions in fugitive air emissions (up to 100% under certain ambient conditions), and substantially lowers facility operating costs (through significantly reduced fuel gas usage). SAV also does not use seawater, thereby eliminating any negative impact on marine life in environmentally sensitive areas. The SAV process is currently being installed as the primary vaporization process at Trunkline LNG Company’s Infrastructure Enhancement Project in Lake Charles, Louisiana, utilizing the existing Submerged Combustion Vaporizers (SCVs) as a backup heat source. The project, currently in the detail engineering phase, is on schedule to be commissioned in the 3rd quarter of 2008.


MISC Signs Charter with Yemen LNG

MISC Bhd has secured two long-term charters for its LNG carriers with Yemen LNG Company (YLNG) for the transportation of the commodity from Yemen to the US and Mexico, according to a report on www.theedgedaily.com. Under the charter party agreement, MISC will provide two 157,000 cu. m. LNG carriers to YLNG for the shipment of LNG from Balhaf in Yemen to Total Gas & Power Ltd facilities at Sabine Pass, Louisiana and Altamira in Mexico.


Sir Frank Chapman Appointed Golar's Chairman

BG Group veteran Chapman joins Golar LNG as chairman

Golar LNG Limited announced that with effect from September 19, 2014, Sir Frank Joseph Chapman has been appointed to the Board of Directors of the Company and will act as the Company's Chairman.   Sir Frank Chapman has worked 40 years in the oil and gas industry culminating in a twelve-year period as Chief Executive of BG Group plc. Under Sir Frank's leadership, BG Group grew from the modest UK-based Exploration and Production interests of the old British Gas into an international


Kitimat, EOG Resources Canada Sign MOU

Kitimat LNG Inc. announced that it has signed a memorandum of understanding (MOU) with EOG Resources Canada (EOG) to supply natural gas to Kitimat LNG’s proposed liquefied natural gas (LNG) export terminal in Kitimat, B.C.    Pursuant to the MOU, Kitimat LNG and EOG are proceeding to negotiate a definitive agreement under which EOG would supply specific quantities of the LNG facility’s 700 million cubic feet per day of natural gas feedstock.   


Frozen Gas Market Heats Up

While seemingly miniscule in terms of deadweight tons ordered and delivered per year as compared to the shipbuilding business as a whole, the production of gas tankers, LNG and LPG, are high-value, high prestige orders that are likely to rise significantly in the coming years. Consistently high oil prices have effectively forced the production and processing of gas, and the current trend is towards increased usage of this valuable commodity


Two LNG Carriers Ordered for US Shale Gas Transport

Japanese shipbuilder Mitsubishi Heavy Industries, Ltd. (MHI) informs it has received orders for the construction of two next-generation liquefied natural gas (LNG) carriers that will primarily carry shale gas produced in North America.   The shipbuilding contracts, received through MI LNG Company, Limited, a joint venture between MHI and Imabari Shipbuilding Co., Ltd., will see the delivery of one LNG carrier each for two separate joint ventures which Chubu Electric Power Co., Inc


Qatargas starts operations at Laffan Refinery 2

Photo: Qatargas Operating Company Limited

 Qatargas, the world's largest LNG producer, announced the commercial start-up of Laffan Refinery 2, marking a major milestone in the expansion of refining capacity in the State of Qatar.    The project will refine 146,000 barrels per day of condensate from the North Field, the largest non-associated natural gas reserve in the world.   Laffan Refinery 2 produces low Sulfur Euro-V specifications products such as Naphtha, Jet-A1, Ultra low Sulfur Diesel (ULSD)


MHI Completes Development of "Sayaringo STaGE"

[Sayaringo STaGE a next-generation LNG carrier]

  Mitsubishi Heavy Industries, Ltd. (MHI) has completed development of the "Sayaringo STaGE," a next-generation LNG (liquefied natural gas) carrier. The Sayaringo STaGE was developed as a successor to the "Sayaendo1," the company's highly acclaimed LNG carrier evolved from carriers with Moss-type2 spherical tanks that offer a high level of reliability. The adoption of apple-shaped tanks (ringo being the Japanese word for "apple") has enabled a near 16%


Crowley to Supply LNG in Puerto Rico

Photo: Crowley

Crowley Maritime Corp.’s  liquefied natural gas  (LNG) services group has been awarded a multi-year contract to supply additional volumes of containerized, U.S.-sourced LNG to a major pharmaceutical company’s manufacturing plants in Puerto Rico.   The contract, executed through Crowley’s Carib Energy LLC subsidiary, extends a 2014 contract awarded to Crowley for LNG supply for the facilities by expanding LNG services to additional plants


DNV to Cooperate with Korea Gas Corporation

DNV and Korea Gas Corporation (KOGAS), Korea’s national gas company, has entered into an agreement to cooperate on a feasibility study on the establishment of an LNG bunkering infrastructure in Korea.   This is one of the largest and most comprehensive feasibility studies ever initiated in the worldwide LNG bunkering industry. Based on this agreement, DNV will qualitatively and quantitatively study the feasibility of implementing LNG bunkering in ports in the south-eastern area


Arctic Responsibilities Laid Out

Pic: NEVA

 Developments in Arctic resource recovery and transportation are providing the main focal point for many at NEVA and this year’s event in St Petersburg comes at a pivotal time for both the economic and ecological prospects of the region.  


Mitsui OSK Targets 26% Stake in Swan's Indian LNG Unit

Japan's leading shipper Mitsui OSK Lines aims to buy at least a 26 percent stake in a floating storage regassification unit (FSRU) in India, a company official said, to boost its exposure in the west coast project of Swan Energy.   Swan Energy is building a 5 million tonnes a year FSRU and


GTT to Design LNG Tanks for FSRU Newbuild

GTT said it has received an order from the South Korean Shipyard Hyundai Heavy Industries concerning a new Floating Storage and Regasification Unit (FSRU) which has been contracted by Triumph Offshore, a subsidiary of the Indian ship-owner Swan Energy.   


Gazprom Signs LNG Supply Deal with Ghana

Russian gas giant Gazprom has signed a 12-year deal to supply Ghana National Petroleum Corporation (GNPC) with liquefied natural gas, a subsidiary of Gazprom Marketing & Trading Group said on Monday.   Gazprom Global LNG Limited (GGLNG) said LNG supplies were due to start in 2019.


New Private LNG Terminal in Pakistan

Photo: Port Qasim Authority

 A group of leading business houses in Pakistan plan to build a liquefied natural gas (LNG) terminal by March 2019 for gas processing and consumption in their own plants, Reuters reported.   The proposed, second multi-million dollars terminal being set up at the Port Qasim to handle


CNPC, Eni Sign LNG Deal

Photo:  Eni

 China National Petroleum Corporation (CNPC) and Italy’s Eni signed a cooperation agreement that includes assessing opportunities in the gas and LNG value chain.   "CNPC and Eni signed cooperation agreement today in order to cooperate in oil & gas exploration and


Croatia Invites Bids for LNG Terminal Project

 Image: LNG Croatia LLC

 LNG Croatia, the project developer of the LNG import terminal on the Island of Krk in Croatia, has called for bids for the provision of a floating storage & regasification unit (FSRU).   The bids for EPC and FSRU procurement


Ichthys Explorer Moored off Western Australia

The world’s largest semi-submersible platform, the Ichthys Explorer, has been safely moored in the Ichthys Field, 220 kilometers off the north coast of Western Australia, where it will be located for 40 years, as part of the INPEX-operated Ichthys LNG Project.  


Toyota Backs Japanese $1.8 Bln LNG Vessel Order

Image: Kawasaki Kisen Kaisha (K Line)

 Japanese car manufacturer Toyota Motor Corporation is turning to LNG-powered ships to transport its cars across the globe, according to a report from Japanese daily Nikkei.   The company has backed an investment in up to 20 LNG-powered car carriers with the capacity to carry 7


Netherlands to Receive LNG from Sabine Pass Plant

File Image: A typical LNG Carrier at Sea (CREDIT: MISC)

The Netherlands will receive its second-ever liquefied natural gas (LNG) shipment from Cheniere Energy's Sabine Pass export facility in the United States on Oct. 6, according to shipping data.   The vessel, with a capacity of 166,031 cubic metres, is currently berthed at Sabine Pass


Steel Cut for Costa Cruises’ LNG Newbuild

(Photo: Costa Cruises)

A steel cutting ceremony was held at Meyer Turku shipyard, Finland for the first of two Costa Cruises ships to be powered by liquefied natural gas (LNG). The ship will sail in October 2019 with a sister ship following in 2021.   Costa Cruises’ president, Neil Palomba


CFE Awards 9-Cargo LNG Tender for Q4 Delivery

File Image: A typical LNG Carrier at Sea (CREDIT: MISC)

Mexico's state-run power utility CFE has picked Royal Dutch Shell and most likely Cheniere Energy to deliver nine liquefied natural gas (LNG) cargoes in the fourth-quarter, trade sources said.   Traders said Shell won most of the tender, which was awarded on Tuesday


ABS, GasLog Study to Simulate LNG Boil-off

Photo: ABS

 ABS, a leading provider of classification and technical services to the marine and offshore industries, and GasLog LNG Services (GasLog) have completed a joint development project demonstrating a new approach to evaluating LNG boil-off rate (BOR).  


ABS Awards AIP for HHI FLNG Hull Design

Myung-Jae Joo, Country Manager of Korea ABS (right), presents Jae-Eul Kim, Senior Vice President, Shipbuilding Division at HHI, the a certificate acknowledging Approval in Principle of Newbuilding Conversion FLNG hull design. Photo: ABS

 ABS has granted Approval in Principle (AIP) to Hyundai Heavy Industries (HHI) floating liquefied natural gas (FLNG) hull design.     ABS and HHI collaborated with the objective of developing a technically feasible and class compliant FLNG hull design


Bangladesh shortlists Trafigura, Gunvor for LNG Terminals

File Image (CREDIT: AdobeStock / (c) Fotmart)

Bangladesh has shortlisted global commodity traders Trafigura and Gunvor to arrange the installation of two floating liquefied natural gas (LNG) import terminals in 2018 as the country transforms into a major LNG consumer.   "Trafigura and Gunvor have been shortlisted out of 13






 
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