LNG crucial in helping HDVs achieve new emissions targets
LNG is playing a decisive role in helping HDV’s comply with new emission limits proposed by the European Commission.
The latest LNG news
Ophir Energy replaces CEO Cooper amid LNG project delays
Ophir Energy is replacing CEO Nicholas Cooper with immediate effect, the company announced on 18 May.
LNG exports may incite price increases for US users
Environmental groups opposed to US natural gas exports just found an unlikely ally: The Commodity Futures Trading Commission.
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Ichthys LNG receives backing from ABB
ABB signs framework agreement with Inpex to support multi-billion dollar Ichthys LNG project.
PetroChina cuts gas supplies to major users to prevent shortages
PetroChina has curbed supplies of the fuel to some industrial users in northern and western regions.
Spot prices spike amid flurry of interest from Asian buyers
Asian spot LNG prices spiked this week amid a flurry of buying interest from buyers in China, Pakistan, South Korea and India.
Eniram to help develop new generation of LNG fuelled bulk carriers
Eniram has signed an MoU to participate in Project Forward; a scheme focused on developing a new generation of bulk carriers fuelled by LNG.
SEA/LNG bolsters its knowledge base with the addition of MAN Diesel & Turbo
Growing coalition continues to advocate for collaboration of commercial and technical expertise to realise LNG’s full potential as a safe, clean, and economically viable marine fuel.
Dynagas LNG releases its latest quarterly results
Dynagas LNG has announced its financial results for the quarter ended 31 March 2018.
Financial closing gives Wärtsilä the go-ahead for building the new Hamina LNG terminal
The LNG terminal to be built at the Finnish Port of Hamina by the technology group Wärtsilä under a turnkey contract has reached financial close and received the necessary building permits.
Teekay has reported results for Q1 2018
Teekay Corporation has released results for the quarter ended 31 March 2018.
Natural gas demand outlook most attractive among fossil fuels
Demand for natural gas will top other fossil fuels in the long term on the back of rising number of electric vehicles and as new emission standards could see new vessels adopting alternative fuels.
Osaka Gas wins Taiwan LNG terminal consulting work
Japanese city gas supplier Osaka Gas says its subsidiary has won consulting work for LNG terminals planned by Taiwan’s state-owned CPC Corp and Taiwan Power Co.
Ichthys to ship first LNG cargo by end of September
Inpex is expecting to ship its first LNG cargo from the Ichthys project by the end of September.
ENN seeks commissioning cargo for China's first private LNG import terminal
Chinese gas distributor ENN is seeking a commissioning cargo for the country’s first privately owned LNG import terminal.
Coastal GasLink pipeline construction due to start in 2019
Construction on TransCanada Corp’s Coastal GasLink pipeline is due to start in early 2019, pending positive LNG plant FID.
CFTC releases report on LNG markets
The US Commodity Futures Trading Commission issued a report assessing the market impacts due to the US transitioning from being a net importer to a net exporter of LNG in 2016.
GCC patent granted to Agility Gas Technologies
Agility Gas Technology (AGT) has been granted its second GCC patent.
Keppel to build two dual-fuel LNG capable dredgers for Van Oord
Keppel Offshore & Marine has secured contracts from Van Oord to build two high-specification Trailing Suction Hopper Dredgers (TSHDs) capable of running on LNG.
LNG Canada committed to starting construction on project in 2018
The CEO of the LNG Canada project on British Columbia's northern coast has said that the company was committed to starting construction on the C$40 billion LNG export project this year.
Confusion over Santos takeover deal
Uncertainty is growing regarding a recent statement by ENN claiming to have secured an agreement with Harbour Energy regarding its Santos takeover bid.
Bangladesh drops Trafigura in LNG talks as Gunvor advances
Bangladesh has terminated talks with Trafigura to install a small FLNG import terminal due to delays in agreeing terms, while rival trader Gunvor advances with a separate project.
More pain for Nigerian behemoth
Abuja-based NNPC made operating losses of US$246 million in 2017.
Revamp gives compressor new life
The very first Laby®-GI Compressor of Burckhardt Compression was used as a minimum send-out compressor.
LNG Industry factsheet: Africa
Infographic provided by LNG Industry for the May 2018 issue.
Environmental concerns raised regarding Alaska LNG project
The EIA is concerned that the construction of a LNG pipeline at Cook Inlet will have a devastating impact on its resident population of beluga whales.
Europe awakens for LNG
Summer LNG send-outs from European terminals seen rising.
LNG crucial in helping HDVs achieve new emissions targets
The European Commission recently proposed limits to CO2 emissions from heavy-duty vehicles (HDVs). LNG offers a viable and immediate solution by enabling significant emission reductions for road transport in a cost-effective manner.
According to the Commission’s proposal, emissions from heavy-duty vehicles will have to be reduced by 15% by 2025 and by at least 30% by 2030 from the 2019 level. HDVs – trucks, buses, and coaches – currently account for around 5% of the EU’s total emissions.
LNG and liquefied biogas (LBG) offer a competitive alternative for significant cuts in carbon dioxide, nitrogen oxide, and particulate emissions. With LNG, heavy-duty transport emissions are up to 15% lower than with diesel fuel, and with LBG the reduction is as much as 85%.
“In heavy-duty transport, opportunities for major emissions reductions are scarce. By using LNG or LBG, the targets set by the Commission can already be achieved today. It’s also worth noting that engine technology of LNG-powered HDVs is advancing rapidly at the moment,” says Matti Oksanen, Director, Product Management and Solutions, Biogas, Gasum.