LNG - 10 May 2016

Petronas has announced that it has successfully launched the hull of its second floating LNG vessel at Samsung Heavy Industries’ shipyard in South Korea.

Upstream Production Solutions has entered an additional agreement with Origin Energy for the provision of maintenance and major works for the Australia Pacific LNG project.

Lakler S.A. has agreed to conclude a charter contract with Gas Sayago for a floating storage and regasification unit project in Montevideo, Uruguay.

According to Reuters, Novatek OAO is still undertaking a feasibility study on the development of an LNG export plant in the Gydan Peninsula, Russia.

EQT Corp. announced that its subsidiary EQT Production Co. has signed a definitive agreement to acquire 62 500 net acres.

Veresen Inc. has announced it has received a notice from the US Federal Energy Regulatory Commission that it has issued an order granting rehearing for further consideration.

General Dynamics NASSCO has launched the third of five ECO Class tankers for American Petroleum Tankers – the Garden State.

Wärtsilä Corp. has announced that it will join forces with a number of shipping industry companies and organisations to develop a concept for equipping future dry bulk carriers with LNG propulsion.

According to Reuters Idemitsu Kosan Co. has claimed that its joint venture project with AltaGas would suspend the commercialisation of a Canadian LNG project.

Woodfibre LNG Export Pte Ltd has signed a Heads of Agreement with Guangzhou Gas Group Co. Ltd regarding the potential offtake of 1 million tpy of LNG for a 25-year period, commencing in 2020.

GTT has announced that it has been awarded the International Trophy for Quality 2016.