LNG

Total is planning to expand the Mozambique LNG project with two additional trains.

Terntank has ordered two new LBG/LNG powered chemical/product/biofuels tankers from AVIC Dingheng Shipbuilding Ltd with an option for two more vessels.

Angola has formed a consortium with five international oil companies to develop its Soyo LNG project.

GTT and BEG have signed an MoU concerning the evaluation of membrane full containment technology for LNG onshore storage tanks.

EPIK Co. Ltd has announced that it has appointed Australia and New Zealand Banking Group Ltd to serve as financial adviser for its Newcastle GasDock LNG import terminal.

Vard Marine are due to design the largest LNG Jones Act bunker barge for Fincantieri Bay Shipbuilding and have completed the concept design.

The Board of AB Klaipedos Nafta has taken a principle decision regarding the acquisition of a floating LNG storage unit.

Estonian energy company Elenger has become the fifth user of the Klaipeda LNG terminal.

McDermott International, Inc. has reported its 3Q19 operation and finance results.

BHP will decide early next year who the recipient of an LNG tender launched by the company will be.

SCF Group has announced that it has signed an agreement with VEB.RF Group for lease financing of the lead ship in a series of icebreaking LNG carriers expected to be built to serve the Arctic LNG 2 project.

National Grid Grain LNG has launched an ‘open season’ process for customers interested in buying capacity at its LNG storage facility from 2025.

According to Reuters, Cheniere Energy Inc. has said that it expects to reach substantial completion of its third liquefaction train at its Corpus Christi LNG plant in Texas, US, earlier than expected in 1H21.

Australian Industrial Energy (AIE)’s plans regarding its Port Kembla LNG project have hit a hurdle and the project is facing a delay.

The unloading of several floating storage cargoes into the already over-supplied LNG market has caused Asian spot prices to slump.