LNG

LNG traders are starting to consider options for booking vessels to store and ship LNG to meet winter demand.

Gastech Insights interview with Bruce Barnes, LNG Technology Manager at Bechtel about EPC’s and how they are utilising innovation to adapt to the new evolving markets.

Saipem has announced that it has signed an agreement with Technip France SA and NIPIgaspererabotka to take part in the joint venture for the realisation of the Arctic LNG2 project.

GasLog Ltd. and its subsidiaries have reported financial results for the three-month period ended 30 June 2019.

Teekay Corp. has reported results for the quarter ended 30 June 2019.

LNG cargoes are now trading in Asia at a three to four year low of less than US$4 per million Btu.

According to Reuters, Mitsubishi Corp. has taken the decision not to invest in Arctic LNG-2.

According to Reuters, the Donggi Senoro LNG plant in Indonesia might look to lower its 2019 output from an initial estimate of 43 cargoes due to the current low gas price.

Baker Hughes, a GE company (BHGE) has announced results for 2Q19.

The US Department of Energy’s Office of Fossil Energy has issued an order to Gulf LNG Liquefaction Co., LLC, approving exports of domestically produced LNG from the Gulf LNG project.

The EU’s antitrust regulators have approved the Croatian government’s plans to support the construction and operation of the Krk LNG terminal.

NCS, a functional unit of Nikkiso Cryogenic Industries’ Clean Energy and Industrial Gases Group, has announced its new location.

Gastech has announced that 90% of its exhibition space for this year’s event (17 – 19 September at the NRG Center in Houston, Texas) has been sold or reserved. More than 700 companies from across the complete value chain are expected to exhibit at the event.

The construction of a second Costa Cruises ship, with LNG-propulsion, has started at Meyer Turku shipyard.

McDermott and BHGE have won contracts to provide a URF and SPS solution for the Ichthys LNG field development, which is located offshore northwestern Australia, and which is operated by INPEX.