LNG

Pavilion Energy and Total Marine Fuels Global Solutions have affirmed their partnership in LNG bunkering.

Indian spot demand has mitigated the recent declines recorded in Asian LNG spot prices.

GTT has received an order from Hyundai Samho Heavy Industries for the tank design of a new LNG carrier.

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.

McDermott International, Inc., along with its partners, Chiyoda International Corp. and Zachry Group, has announced that the first commissioning cargo of LNG has been shipped from Train 2 of the Freeport LNG project on Quintana Island in Freeport, Texas.

Stena AB group has acquired a 75% stake in 7 Seas LNG & Power AS, and has welcomed the company into its sphere, as part of Northern Marine Group (NMG), under its new operating name of Stena Power & LNG Solutions AS.

The tender procedure to all operators in the LNG market for the Peak Shaving service, organised by Adriatic LNG for the Italian Ministry of Economic Development, was recently completed.

The Asian Infrastructure Investment Bank (AIIB) has invested US$500 million in support of China’s energy transition.