Floating LNG

Amarinth has announced that it has won orders totalling US$750 000 of API 610 OH2 pumps with Plan 53B support systems for the Coral South Development Project in Mozambique.

Bangladesh has started operations at the country’s LNG terminal, the country’s energy minister said on Monday, following delays related to technical problems and bad weather, Reuters reports.

According to Reuters, Mitsubishi Corp. has reached an agreement to acquire a 25% stake in the Summit LNG terminal in Bangladesh, and is planning to help in the development of an offshore receiving facility in the country.

Naturgy continues to invest in innovation by developing a unique system to transfer LNG.

A new race to build multi-billion dollar LNG plants is gaining momentum after a long hiatus in investments as energy giants sense a widening supply gap within five years.

A vessel that arrived in Bangladesh in April to offload its maiden cargo of LNG and moor permanently as an import terminal should begin operations “within a week”.

Höegh LNG Holdings Ltd. has received commitment letters for debt financing for its ninth FSRU which is scheduled to be delivered in Q4 2018.

Asian spot LNG prices rose as a heatwave gripped Japan and high temperatures swept across South Korea and parts of China.

Bureau Veritas has issued new and updated notations and guidance to support the construction and operation of both FSRUs and FSUs.

Venice Energy aims to import LNG through Port Adelaide.

Keppel Offshore & Marine, through its wholly-owned subsidiaries, has secured two floating infrastructure contracts with a combined value of about S$70 million.

Gastech Insights was keen to hear more about the market developments and opportunities from one of the consortium members, Tecnicas Reunidas.

ABS is due to expand its global footprint by classing a FSRU for Turkey’s Oil and Gas Distributor, Botas.

Golar LNG has successfully acquired half of the common units in Golar Hilli LLC.

Nakilat achieves 9% increase on profits for the first half of 2018.