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.
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.
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 Floating LNG news
Black & Veatch’s PRICO® technology is set to play a major role in BP’s field development in West Africa.
Coalition says uptake of LNG as a marine fuel can play a significant role in decarbonising the shipping industry.
Golar LNG has entered into a Preliminary Agreement and exchanged Heads of Terms with BP Mauritania Investments for an FLNG vessel.
The Merakes field, estimated to hold about 2 trillion ft3 of lean gas in place, is located in 1500 m water depth offshore East Kalimantan, Indonesia.