Floating LNG

Exmar N.V. had announced that Francis Mottrie has joined the Exmar Group in the new position of Deputy CEO.

Energía del Pacífico has closed financing for the largest ever foreign direct investment in El Salvador.

The tender procedure to all operators in the LNG market for the Peak Shaving service, organised by Adriatic LNG for the Italian Ministry of Economic Development, was recently completed.

The Canadian IAA is making funding available to assist the participation of the public and Indigenous peoples in the FIA of the proposed Cedar LNG project.

PETRONAS has officially named its second FLNG facility: ‘PFLNG DUA’.

Golar LNG has releases its interim results for the period ended 30 September 2019.

Höegh LNG has reported its interim results for the quarter ended 30 September 2019.

According to Reuters, YPF SA – the Argentine oil company – has sold its first commercial LNG cargo to Petroleo Brasileiro SA.

Bahrain’s first LNG regasification terminal is scheduled to commence operations by the end of 2019.

According to Reuters, Uniper believes that the planned Wilhelmshaven floating LNG terminal can come on stream in 2023.

InfraStrata has announced that it has successfully completed the Bookbuild for its acquisition of Harland and Wolff.

InfraStrata has agreed a conditional contract for the purchase of assets of the former Harland and Wolff Heavy Industries Ltd. and Harland and Wolff Group Plc.

According to Reuters, trade sources have reported that Argentina’s YPF SA has loaded its first commercial LNG cargo for export from a new floating LNG unit located off Bahia Blanca.

The Board of AB Klaipedos Nafta has taken a principle decision regarding the acquisition of a floating LNG storage unit.

The unloading of several floating storage cargoes into the already over-supplied LNG market has caused Asian spot prices to slump.