AG&P and ADNOC sign FSU agreement
AG&P has signed an agreement with ADNOC L&S for the conversion, supply, operations and maintenance of an FSU at AG&P’s new LNG import facility at Karaikal Port in Puducherry, India.
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KN releases its January LNG revenue results
AB Klaipedos Nafta has reported its preliminary LNG revenue results for January 2020.
KNOT to construct two LNG-fuelled shuttle tankers
Knutsen NYK Offshore Tankers (KNOT) – an independent owner and operator of shuttle tankers – has announced that it has been awarded a contract to build two LNG-fuelled shuttle tankers.
Qatargas signs LNG SPA with Kuwait
Qatargas has announced the signing of a new, long term LNG SPA with Shell to deliver 1 million tpy of LNG to the State of Kuwait.
US LNG share prices fall amid Chinese demand slump
US LNG company share values have declined as China has begun suspending purchases amid weaker demand and record low spot prices.
Head of Total weighs in on talks between Exxon and PNG
According to Reuters, the head of Total has said that Exxon Mobil Corp. and the government of Papua New Guinea must resume talks so that the US$13 billion expansion of gas production can proceed.
Total rejects Chinese LNG buyer’s force majeure notice
Reuters is reporting that Total has rejected a force majeure notice issued by a Chinese LNG buyer.
PetroVietnam receives funding for LNG-fuelled power units
According to Reuters, PetroVietnam Power Corp. has signed an agreement with a consortium to arrange funds for the expansion of its gas-fired power complex in southern Vietnam.
Haynes and Boone partners comment on CNOOC declaration of force majeure
Following the news that China National Offshore Oil Corp. has invoked force majeure on several LNG deliveries, Rob Patterson and Myles Mantle, London Partners at law firm Haynes and Boone, have offered their insights.
CNOOC declares force majeure on some LNG deliveries
According to Reuters, China National Offshore Oil Corp. has declared force majeure on several prompt LNG deliveries from at least three different suppliers.
CMA CGM selects GTT’s service portfolio to support its transition to LNG fuel
GTT has announced that CMA CGM Group has chosen its global portfolio of services and assistance for the commissioning, operation and maintenance of its LNG-powered container ships.
Cheniere continues supplying LNG to China
According to Reuters, an executive at Cheniere has revealed that the company’s sole Chinese contract customer continues to take committed LNG supplies.
Matrix Service reports 2Q20 results
Matrix Service Co. has reported financial results for its second quarter of fiscal 2020.
Total sells interest in Fos Cavaou regasification terminal
Total has announced that it has divested its 27.5% interest in Fosmax LNG – the operator of the Fos Cavaou LNG terminal – as a result of a competitive sale process to Elengy, Fosmax LNG’s shareholder with a 72.5% stake, that exercised its pre-emption right.
Gasum opens the first gas filling station in Umeå Sweden
The Nordic gas filling stations network is expanding as Gasum opens its ninth gas filling station in Sweden.