LNG - 17 August 2018

The agreement, starting this month, will provide BP with about 450 000 tpy of LNG over an initial three-year period, rising to about 900 000 tpy for the following two years.

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.

Samsung Heavy Industries has announced that it has been awarded a contract for two 180 000 m3 LNG carriers from a European ship owner, Celsius Tankers.

The Federal Energy Regulatory Commission (FERC) has approved a request by Cheniere Energy to feed the first gas into its new LNG facility in Corpus Christi, Texas, according to Reuters.

Venture Global LNG Inc. has announced that it has raised additional private capital of approximately US$160 million from large institutional investors.

Wärtsilä Corp. has announced that a new ferry built for the Canadian operator Société des traversiers du Québec, and fitted with a broad scope of Wärtsilä solutions, has been delivered.