LNG

Mitsui O.S.K. Lines has announced the delivery of the LNG-fuelled tugboat it ordered from Kanagawa Dockyard.

Höegh LNG releases interim results for the quarter and year ended 31 December 2018.

GTT has reported record levels of new order and increased earnings in its 2018 annual results.

Golar LNG Ltd has announced that its newly incorporated subsidiary, Gimi MS Corp., has entered into a 20-year lease and operate agreement with BP for the charter of the Gimi FLNG unit to service the Greater Tortue Ahmeyim project.

KOMIPO and Vitol Asia Pte Ltd have released a joint statement claiming that they have signed an MoU to explore upstream, midstream and downstream project opportunities in LNG.

Chief Financial Officer Paul Tummers has decided to leave Fluxys as of 1 July 2019.

Indian Oil Corp. is currently seeking an LNG cargo for delivery in April to the Port of Dahej.

According to Reuters, Hong Kong utility CLP Power is intending to start constructing Hong Kong’s first offshore LNG receiving terminal at the end of this year.

Sempra Energy has announced that, in support of its strategy for North America, it will launch a formal process this March for the previously announced sale of its equity interests in its South American businesses.

Wärtsilä Corp. has announced that it has signed a long-term Wärtsilä optimised maintenance solution with Tokyo LNG Tanker Co. Ltd – a subsidiary of Tokyo Gas.

Pointe LNG LLC has signed an engineering and technical services agreement with KBR for FEED submittals and services as required to obtain approval from FERC for the company’s proposed liquefaction and export facility in Plaquemines Parish, Louisiana, US.

According to an annual LNG report by Royal Dutch Shell, global LNG trade will experience an increase of 11% to 354 million t this year.

According to Reuters, the Gorgon LNG plant brought its train 3 back online last weekend.

EPIK Co. Ltd – an LNG project development company – has announced that it has signed a strategic partnership agreement with Hyundai LNG Shipping Co. Ltd.

Asian LNG spot prices have continued to decline, as inconsistent demand is yet to make a dent in the oversupplied state of the market.