Floating LNG

LNG Gorskaya has launched a US$379 million project to become the first LNG exporter from Russia's European coast.

ABS has announced that it has granted approval in principal for a floating LNG power plant and floating storage and regasification unit design concept developed by Chiyoda Corp.

Aqualis Offshore has announced that it has completed its position keeping role for the Ichthys LNG project’s central processing facility, which is now moored to a storm safe condition in Australian waters.

Gaztransport & Technigaz has announced that it has received an order from Samsung Heavy Industries to equip a new floating LNG unit.

According to Reuters, the Australian state of Victoria is working alongside AGL Energy to study the possibility of constructing an LNG import terminal to increase local gas supply.

The financing is Africa’s largest ever project financing deal to date. It is also the world’s first project financing of a FLNG facility.

The project would cost US$8 billion and LNG exports were expected to start in 2022.

The sanction of Eni’s Mozambican Coral South FLNG project moves yet another development off Rystad Energy’s delayed FIDs tracker.

TechnipFMC has announced that, together with JGC Corp. and Samsung Heavy Industries, all partners in the TJS Consortium, it has been awarded a contract by Coral FLNG SA.

According to Reuters, a consortium that includes JGC has reached a deal valued at 700 billion yen to construct a floating LNG platform off of the coast of Mozambique.

Framo has announced that it has signed an agreement to deliver pumping systems for Höegh LNG’s new floating storage and regasification unit.

Sinwa Ltd has announced that it has won a number of new supply agreements for vessels involved in Shell’s Prelude floating LNG project.

Höegh LNG Holdings Ltd. has reported its financial results for the quarter ending 31 March 2017.

Wood Mackenzie has announced that the 100-day action plan between China and the US has the potential to alter the global LNG trade.

TMC Compressors has announced that it has been awarded a contract by Samsung Heavy Industries to deliver a marine compressed air system for a floating storage and regasification unit.