Lng News

China National Offshore Oil Company (CNOOC) said on Thursday it signed strategic alliance agreement with Abu Dhabi National Oil Company (ADNOC) to deepen cooperation.Under the agreement, the companies will cooperate in oil, gas exploration and production, oilfield services and the trading of crude oil and liquefied natural gas, CNOOC, parent of CNOOC Ltd, said a press release.They will also deepen work in the new energy sector and in low-carbon projects, CNOOC added.(Reuters - Reporting by Chen Aizhu; editing by Jason Neely)

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…

South Korea's Korea Midland Power (KOMIPO) has cancelled plans to build a liquefied natural gas (LNG) import terminal on the western coast of the country due to high costs and declining demand for the fuel.KOMIPO said in a statement to Reuters on Monday that its board had approved the plan to withdraw a LNG terminal construction project in Boryeong on June 28.

U.S.

The number of LNG tankers waiting to load at Freeport LNG in Texas has increased since the U.S. second largest exporter of the supercooled gas halted processing ahead of Hurricane Beryl's landfall last week, according to shipping data on Thursday.Beryl made landfall on July 8 near Matagorda, on the Texas coast, lashing the state with 80-mph (130-kph) winds that caused infrastructure damages and left more than 2 million customers without electricity for days.Ports and energy companies in many coastal cities…

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

Energy and marine consultancy ABL has been appointed by Eni to provide marine warranty survey services (MWS) for the offshore transportation and installation (T&I) campaign for Phase 2 of the Marine XII Congo LNG development project.Phase 2 of the project envisages the fabrication, transportation and installation of a new floating LNG vessel (FLNG), a converted floating separation, storage and booster unit (FSU), wellhead platforms and associated tie-in pipelines and ancillaries…

Malaysian state energy firm Petroliam Nasional Berhad (Petronas) on Monday said it would add three energy-efficient LNG vessels to its North American operations.The addition of the vessels, which brings the total number in Petronas' fleet in North America to six, comes ahead of the start-up of LNG Canada's gas-export facility due later this year, the company said in a statement.Petronas has a 25% stake in the LNG Canada plant in Kitimat, British Columbia, on the west coast of Canada."With the arrival of these new vessels…

Seaspan Energy this week announced the launch of its third new 7,600m3 liquefied natural gas (LNG) bunkering vessel, Seaspan Baker.This series is being built by CIMC Sinopacific Offshore & Engineering (CIMC SOE) in China. The first two vessels, Seaspan Garibaldi (Nch’ḵay̓) and Seaspan Lions (Ch’ich’iyúy Elxwíkn), will be delivered later this year, followed by Seaspan Baker in 2025.Seaspan Baker is currently targeted to service the Long Beach containership market and will join Seaspan Lions in providing LNG fueling services for vessels on the West Coast of North America, Seaspan said.

Commodities trader Vitol has secured three LNG bunkering vessels to support its worldwide operations.The agreements were made through Vitol’s shipping company, Vitol International Shipping.The vessels were secured via a seven to ten year time charter agreement with Avenir LNG and an order for two vessels at the CIMC Sinopacific Offshore & Engineering shipyard in Nantong, China.The time charter agreement with Avenir is for one newbuild 20,000m3 LNGBV, and will commence at delivery from the shipyard in China in fourth quarter of 2026…

FueLNG has successfully completed its 200th ship-to-ship (STS) LNG bunkering operation.The milestone operation was conducted by FueLNG Venosa, delivering 9,000 cubic metres (cbm) of LNG fuel to CMA CGM Bahia on 29th June at the Raffles Reserve Anchorage in Singapore. This vessel is part of a new generation of six CMA CGM containerships featuring “biomethane and e-methane ready” engines and an enhanced aerodynamic design.Saunak Rai, FueLNG's General Manager said: "We are immensely proud to celebrate our 200th STS LNG bunkering operation.

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

U.S. liquefied natural gas (LNG) exporter Venture Global has launched its first LNG vessel, the Venture Gator, at the Samsung Heavy Industries shipyard in Geoji-si, South Korea.The Venture Gator is the first of nine LNG carriers in the Venture Global fleet to be completed in quick succession across three shipyards in South Korea over the coming 24 months, which will transport LNG from the U.S. to multiple global partners and destinations.The ship is said to deploy best-in-class environmental and efficiency technology and will be primarily fueled by Venture Global’s LNG.

NYK and PT Pertamina International Shipping (PIS), a marine logistics subsidiary of PT Pertamina, a state-owned oil and gas company in Indonesia, have signed a memorandum of understanding (MoU) to collaborate in the field of liquefied carbon dioxide (LCO2) and LNG. They will also jointly establish a ship-management company.NYK and PIS have agreed to collaborate in obtaining business opportunities through assessments and feasibility studies for the transboundary transportation of LCO2 to and from Indonesia.

French engineering company GTT has secured an order from Hudong-Zhonghua Shipbuilding for the tank design of 10 new very large liquefied natural gas (LNG) carriers.GTT will design the tanks for these ten very large LNG carriers, which will each offer five tanks with a total capacity of 271,000 m3.The value of the contract was not disclosed.The tanks will be fitted with the NO96 Super+ membrane containment system developed by GTT.Delivery is scheduled between the first quarter of 2030 and the fourth quarter of 2031.

The Maersk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) has released a new report: Tackling methane slip in shipping.Past research at the MMMCZCS has demonstrated that current regulations that include methane, such as CO2-equivalent fuel standards (e.g., FuelEU Maritime), will have a limited effect on reducing onboard methane emissions in the short- to mid-term. Furthermore, the default methane slip value concept does not provide a direct incentive to engine makers…

European Union countries agreed on a 14th package of sanctions against Russia over its war in Ukraine, diplomats said on Thursday, including their first restrictions on Russian gas.The package bans re-exports of Russian liquefied natural gas (LNG) in EU waters but stops short of banning imports as the bloc did in 2022 for Russian seaborne oil. Some EU countries still import pipeline gas from Russia via Ukraine.However, gas market experts say the measure will have little impact…

The first liquefied natural gas (LNG) tanker since January is sailing through the Red Sea, just days after Yemen-based Houthi militants sank their second vessel in attacks begun last November.The vessel, Asya Energy, passed Yemen, travelling through the Bab al-Mandab Strait on Tuesday, shiptracking data from LSEG and Kpler showed, the same week that the second ship believed to have been hit by the militants sank."Asya Energy is the first LNG tanker to sail through the Strait since January…

Shell has reached an agreement with Carne Investments, an indirect wholly-owned subsidiary of Temasek, to acquire 100% of the shares in Pavilion Energy, a Singapore-based global liquefied natural gas (LNG) trading business.Pavilion Energy is an LNG business with a contracted supply volume comprising about 6.5 million tonnes per annum (mtpa).Headquartered in Singapore, Pavilion Energy’s global energy business encompasses LNG trading, shipping, natural gas supply and marketing activities in Asia and Europe.“The acquisition of Pavilion Energy will strengthen Shell’s leadership position in LNG…

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…

Mitsubishi Shipbuilding has received an order from Imabari Shipbuilding for two LNG fuel gas supply systems (FGSS) for high-pressure dual-fuel marine engines.The units are for two LNG-fueled bulk carriers to be built by Imabari Shipbuilding which will be continuously delivered with LNG fuel tanks from summer 2025.The FGSSs ordered feature a modular, optimized cargo space layout that provides exceptional space-saving and maintenance access and a proprietary control system that can be customized according to customer needs…

Extreme temperatures across Asia are driving up liquefied natural gas (LNG) demand in the region as importers seek cargoes ahead of summer, with imports in South Asia hitting records.This could tighten available supply and further lift Asian spot prices that have already gained a third since April, with heatwaves across South and Southeast Asia boosting air-conditioner use and other cooling demand. Prices are now at a near six-month peak at $12 per million British thermal units (mmBtu) and are expected to remain elevated."Spot prices are now driven by Asian demand.

U.S. liquefied natural gas (LNG) exporter Venture Global LNG must refile emissions data for its Calcasieu Pass 2 plant construction permits, regulators said on Wednesday.The Alexandria, Virginia-based LNG developer had not included the impact of tanker and support vessel emissions in its recently revised filing, the Federal Energy Regulator Commission (FERC) said.Venture Global LNG has been pushing FERC for a decision on its planned construction of a 20 million metric tonnes per…