LNG - 22 April 2016

The Economist Intelligence Unit, UK, explains why US LNG exports still have a lucrative future, despite the current low price market.

OLT Offshore LNG Toscana has announced that it has allocated five slots for the regasification and storage bundled service at its FSRU Toscana terminal.

ENN has released a video demonstrating the refuelling procedure at its LNG vehicle refuelling station.

Arctech Helsinki Shipyard has announced that the Polaris – an LNG-powered icebreaker – has commenced its first sea trial.

According to Reuters, Santos Ltd reported a 1% increase in its 1Q16 revenue as it increased coalbed methane sales to its Gladstone LNG facility, offsetting the collapse in oil and gas prices.

APTS and Atlas Copco Rental have joined forces on the Wheatstone LNG Project.

According to Reuters, the Yamal LNG project will receive approximately US$10 billion in loans from Chinese banks in May 2016.

David Spivak, a Director of Höegh LNG Partners LP, will join Seaspan Corp. as its new Chief Financial Officer.

InterOil Corp. has announced that it has entered a new US$400 million senior secured CAPEX facility – CFO says it highlights lenders’ confidence in the Papua LNG project.

Corpus Christi Liquefaction has submitted its monthly progress report to FERC for March 2016.