Green Hydrogen Retreat Poses Threat to Targets
Green hydrogen developers are cancelling projects and trimming investments around the world, raising the prospect of longer than targeted reliance on fossil fuels.The challenges facing the sector have exposed its initial ambitions as unrealistic.Hard-to-electrify industries that were seen as ideal candidates for green hydrogen, such as steelmaking and long-distance transportation, have found that transition to the low-carbon fuel looks prohibitively expensive.The gap between ambition and reality in Europe shows the extent of the reset happening within the industry…
Wilhelmshaven LNG Terminal 1 to Reopen After Scheduled Repair
Germany's Wilhelmshaven 1 liquefied natural gas terminal is set to reopen shortly after completing scheduled repair work on the superstructure on the jetty of its transhipment facility last week, according to a note on operator DET's website.It said that the regasification ship Hoegh Esperanza, which waited nearby during the four days of work, had returned to its mooring at midday on April 26."The Esperanza will now be connected to the superstructure and will soon be able to receive the next delivery from an LNG tanker, regasify it, and feed it into the German gas grid," said the note issued b
More Shipowners Take the LNG Path to 2050
The outcome of MEPC 83 in April could establish the IMO’s mid-term GHG and carbon pricing strategy for achieving net-zero by around 2050. Not everyone is waiting; they have enough confidence in the LNG pathway to order new ships.According to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform, 34 new orders for alternative-fueled vessels were placed in February 2025, 33 of them for LNG-fueled container ships.The trend is continuing this week with CSSC subsidiary…
Furetank Completes Milestone Bio-LNG Bunkering
Furetank has completed its first bunkering of 200 tonnes of ISCC certified Bio-LNG, in collaboration with environmental commodity trader STX Group and Molgas.The tanker vessel Fure Viken was bunkered whilst anchored outside Mongstad, Norway.The bio-LNG helps Furetank comply with the new FuelEU Maritime Regulation, requiring a 2% reduction in the greenhouse gas intensity of vessel fuel by 2025.Bio-LNG is a mass balanced product where biomethane of certified origins is purchased and injected into the gas grid…
Crown LNG Picks IKM for Engineering Design of Scottish Floating LNG Terminal
Crown LNG Holdings, a provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, has selected IKM Engineering & Environmental Consultants (IKM) as its partner for the design and engineering of a floating LNG import terminal in the Firth of Forth, Scotland.The partner appointment represents a critical milestone as Crown LNG advances toward Final Investment Decision (FID) for the Grangemouth project, the company said.The Grangemouth project…
Italy's New FLNG Terminal to Be Operational by March 2025
Italy's gas grid group Snam SRG.MI said on Friday it expected a new liquefied natural gas (LNG) terminal to become operational by March 2025, allowing the country to diversify further its energy supplies.The floating terminal in the Adriatic sea will have an annual regasification potential of 5 billion cubic metres (bcm), bringing Italy's total capacity to 28 bcm a year, or 45% of the country's gas demand in 2023.The set up of the regasification unit dubbed BW Singapore, which envisages the building of both a platform offshore the costal city of Ravenna and a breakwater, is part of Italy's eff
Construction of Germany's First Land-based LNG Terminal Starts
The construction of Germany's first land-based liquefied national gas (LNG) terminal at the inland port of Stade kicked off on Friday with the goal of starting operation in 2027, said the project firm Hanseatic Energy Hub (HEH).The project on the river Elbe is part of Germany's broader efforts to diversify its energy sources after a sudden drop of Russian gas imports following Moscow's invasion of Ukraine.The terminal will include two LNG tanks with capacity of 240,000 cubic metres each and will be ammonia-ready as Germany and its neighbours aim to replace gas with green hydrogen and its deriv
Germany Builds up LNG Import Terminals
German utility RWE on Jan. 1 handed over floating liquefied natural gas (LNG) infrastructure at Brunsbuettel on the North Sea to state-owned Deutsche Energy Terminal (DET) as agreed when first imports arrived 10 months ago, it said.DET is now the sole operational manager and markets the capacity of the Brunsbuettel Elbehafen LNG project.Germany's quest to increase LNG capacity for regasification on its shores has intensified as it seeks to end reliance on Russian pipeline gas…
Snam Finalizes Purchase of FSRU for Ravenna
Snam has finalized the 400 million euro acquisition of a new floating liquefied natural gas (LNG) terminal that will be located offshore from the city of Ravenna, the Italian gas grid operator said on Monday.The new ship dubbed BW Singapore has a storage capacity of about 170,000 cubic meters of liquefied natural gas and a regasification capacity of about 5 billion cubic meters per year and will help Italy to diversify its energy supplies.The floating storage and regasification unit (FSRU) is expected to start operations in 2025.That will follow the conclusion of the related permitting and reg
Finland-Estonia Gas Pipeline System to Get Bigger Capacity after Repair
The Balticconnector gas pipeline between Finland and Estonia, which was damaged last month, will get a bigger northbound transmission capacity next year following repairs, Finnish operator Gasgrid said in a statement on Wednesday.The increase will come from an enhancement of the Latvia-Lithuania interconnection, which allows for higher gas volumes to be transported around the Finnish-Baltic region, it added.The pipeline will in the future get a base capacity of 70.5 gigawatt hours of gas per day in the direction from Estonia to Finland…
Snam to Invest in Ravenna FSRU
Italian gas grid operator Snam will invest 1 billion euros ($1.1 billion) in a new LNG offshore terminal near Ravenna, the company's CEO said on Tuesday.The floating storage and regasification unit (FSRU) will add to another LNG terminal already set up in Tuscany, increasing Italy's gas import capacity and reducing dependence from its traditional suppliers, including Russia."To increase energy security for Italy we decided last year, together with the government, to increase the country's LNG import capacity in order to have more flexibility and diversify energy supplies…
Russian Firm Says Baltic Telecoms Cable was Severed as Chinese Ship Passed Over
A Russian fiber optic cable under the Baltic Sea was completely severed last month when a Chinese container ship passed over it, state company Rostelecom said on Tuesday.Finnish investigators have already said they suspect the vessel, the NewNew Polar Bear, of causing serious damage to the nearby Balticconnector gas pipeline by dragging its anchor over the sea bed during the same voyage.Two other Baltic telecoms cables were damaged on the same night of Oct. 7 along the route that the ship was travelling…
Russia Says Telecoms Cable Damaged Last month Just Before Nearby Baltic Gas Pipeline
A Russian fibre optic cable under the Baltic Sea was damaged last month only 28 km (17 miles) from where a gas pipeline linking Finland and Estonia was damaged soon afterwards, Russian state company Rostelecom said on Tuesday.Finnish police believe damage to the Balticconnector gas pipeline was caused by a Chinese container ship dragging its anchor along the seabed but have not concluded whether this was an accident or a deliberate act.Security of sub-sea cables and pipelines in the Baltic has become a top concern against the background of the Ukraine war…
China Cooperating in Balticconnector Investigation, Finland Says
Finnish Prime Minister Petteri Orpo on Tuesday that China was cooperating in Finland's investigation of the Hong Kong-flagged NewNew Polar Bear vessel's role in the Oct. 8 damage to the Balticconnector pipeline.Finnish police leading the criminal investigation have named the NewNew Polar Bear container carrier as the prime suspect in damaging the gas pipeline early on Oct. 8, saying it was too early to tell if this was an accident or a deliberate act.A large anchor, believed to belong to the NewNew Polar Bear…
Harsh Weather Offshore LNG Terminal Firm Crown to Merge with Catcha
Crown LNG Holdings AS, a provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, has agreed to merge with Catcha Investment Corp, a publicly traded special purpose acquisition company, that would result in Crown becoming a U.S. publicly listed company. The combined company, named Crown LNG Holdings Limited (“PubCo”), intends to apply to list its shares on the New York Stock Exchange under the new ticker symbol “CGBS”.Crown designs and…
Four Bidders Vie For Stake in Exxon LNG Terminal Offshore Italy - Sources
Four international groups are competing to buy Exxon Mobil Corp's majority stake in a liquefied natural gas (LNG) terminal offshore Italy, two sources familiar with the matter said. The deal could value the entire LNG terminal at around 800 million euros ($881 million), the sources said. Exxon said in March it was considering selling its majority stake in Adriatic LNG, Italy's main regasification terminal, as part of a wider strategy to divest non-core assets. The U.S. group is being advised by Rothschild & Co. on the process.
Tuscan FSRU to be Moved Offshore by 2026
A liquefied natural gas (LNG) vessel moored in the Tuscan port of Piombino will be moved off the coast of Vado Ligure and Savona in Italy's northwestern region of Liguria, the president of Liguria said on Tuesday.Italian gas grid operator Snam bought the floating storage and regasification unit (FSRU) last year as part of the Italian government's plan to reduce dependence on Russian gas, but the infrastructure was opposed by the local administration in Piombino.The decision on the proposed site was made after Liguria President Giovanni Toti met Snam's chief executive, a spokesperson for the Liguria president said. The decision on the…
Exxon Mobil Finds Buyer for Adriatic LNG Terminal Stake
Exxon Mobil Corp chose BlackRock as the potential buyer for its majority stake in Italy's main liquefied natural gas (LNG) import terminal, the U.S. oil producer said in a statement.The stake sale drew interest from infrastructure funds and international groups as Italy is expected to increase its LNG imports to partly replace the gas it used to get via pipeline from Russia.In March, Exxon said it was considering selling its 70.68% interest in the offshore Adriatic LNG Terminal…
Exxon Considers Selling Stake in LNG Terminal Offshore Italy
Exxon Mobil Corp is considering selling its majority stake in Italy's main regasification terminal as part of a wider strategy to divest from non-core assets, the company said in a statement on Wednesday. The Rovigo liquefied natural gas (LNG) terminal is owned by Exxon's subsidiary ExxonMobil Italiana Gas (70.7%), QatarEnergy subsidiary Qatar Terminal Company Limited (22%) and Snam Spa SRG.MI (7.3%). Snam, an Italian gas grid operator, has the first right of refusal should a partner decide to divest.
Finland’s New Inkoo Terminal Accepts First LNG
Finland’s new Inkoo floating storage regasification unit (FSRU) terminal on Sunday accepted its first cargo of liquefied natural gas (LNG).The cargo, which was ordered by Elenger, the largest privately owned energy company in the Finnish-Baltic region, was delivered by multinational energy and commodity trading company Vitol.The cargo, which originates from Vitol’s Venture Global Calcasieu Pass facility in the U.S., was transported aboard Vitol's LNG carrier Vivit Americas LNG.
Italy New LNG Terminal to be Operational at End-month
The new floating terminal for liquefied natural gas (LNG) set up in the Tuscan port of Piombino will start its commercial operations at the end of this month, the CEO of Italy's gas grid operator Snam said on Friday.The terminal will make available around 2 billion cubic meters (bcm) of gas this year and around 5 bcm next year said Snam's Stefano Venier at a press conference to mark the arrival of the first LNG tanker in Piombino."This ship is a great service to the country," Environment Minister Gilberto Pichetto Fratin said at the same event.The expansion is part of the Italian government's
Italian Union Files Legal Complaint Against Snam's LNG Terminal
The Italian trade union USB filed a legal complaint against a plan by gas grid operator Snam to set up a new liquefied natural gas (LNG) terminal in the Tuscan port of Piombino, it said in a press release on Friday.USB alleged Snam had committed serious "environmental crimes" while performing works to build the terminal.USB criticised in the statement the choice to set up the terminal in an area already polluted by an old steel plant, saying regasification processes would increase…
Equinor to Supply Fuel for Maersk's Methanol-powered Containership
Danish shipping company A.P. Moller - Maersk announced it has signed an agreement with Norwegian energy company Equinor to secure supply of methanol for its new methanol-enabled feeder vessel during its initial months of operation from September 2023 and into the first half of 2024.The agreement ensures methanol supply for the ship from its entry into operation on a loop from Northern Europe into the Baltic Sea after the name giving ceremony later this month in Copenhagen. The green methanol will be bunkered in Rotterdam.The 2…