LNG - 19 December 2019

Flex LNG Ltd has announced that it has entered into a new time charter with Endesa for the vessel ‘Flex Ranger’.

In collaboration with Cryotec Anlagenbau GmbH, Bilfinger EMS has developed a concept for processing small gas volumes into LNG.

JERA and PetroChina International have concluded an MOU on cooperation in the LNG business.

By the end of 2019 Gunvor will have delivered 45% more LNG than it did in 2018, maintaining a hold on its ‘largest independent LNG trader’ status.

According to Reuters, Algerian state energy company Sonatrach has announced that it has shut down its main LNG unit at the Skida plant for a two-month maintenance period.

According to Reuters, plans to construct a US$2 billion LNG project in the Philippines have been put on hold by backers CNOOC Gas and Power and Phoenix Petroleum Philippines Inc.

ABS has announced that the Saga Dawn – the world’s first LNG carrier to be fitted with an innovative cargo containment system based on IMO requirements for independent Type A tanks – has been delivered to Saga LNG Shipping.

Ørsted has announced that it has signed an agreement to divest its LNG business to the leading global natural resources company Glencore.