LNG

Santos has released a statement claiming that it has acquired 100% of Quadrant Energy for US$2.15 billion, plus potential contingent payments related to the Bedout Basin.

Carnival Cruise Line has announced that it has reached an agreement in principle with the Canaveral Port Authority on a new state-of-the-art terminal able to accommodate its new 180 000 t ship.

Girgio Biscardini, Adrian Del Maestro and Rafael Schmill, PwC Strategy&, explain why small scale LNG might be the next big thing.

According to Reuters, the Electricity Generating Authority of Thailand is looking to import LNG directly for the first time.

Marek Elert, Senior Coordinator, LNG Developments Unit, GAZ-SYSTEM, asks what the new direction LNG will take.

Australian Industrial Energy has entered into an agreement with Höegh LNG to supply the FSRU for the proposed Port Kembla Gas Terminal.

Amarinth has announced that it has won orders totalling US$750 000 of API 610 OH2 pumps with Plan 53B support systems for the Coral South Development Project in Mozambique.

Conrad Industries Inc. has released a statement announcing the successful completion and delivery of the Clean Jacksonville – the first LNG bunker barge built in North America.

GasLog Ltd has released a statement announcing the signing of two new charter party agreements, each for a firm period of seven years, with a wholly owned subsidiary of Cheniere Energy, Inc.

Panama has signed an agreement with the US Treasury and Energy departments that aims to encourage more private investment to expand the importation and distribution of US LNG in Latin America, as reported by Reuters.

Pieridae Energy Ltd has announced that KfW IPEX-Bank has been appointed as an adviser in assisting it to finalise a multibillion US dollar untied loan guarantee from the German federal government under its UFK program.

Aspo plc has announced that the Haaga bulk carrier has been successfully delivered to ESL Shipping from Jinling Shipyard in Nanjing, China.

AES Corp. has released a statement inaugurating AES Colón, a 381 MW combined cycle power plant and the first LNG terminal in Central America.

The agreement, starting this month, will provide BP with about 450 000 tpy of LNG over an initial three-year period, rising to about 900 000 tpy for the following two years.

According to Reuters, Mitsubishi Corp. has reached an agreement to acquire a 25% stake in the Summit LNG terminal in Bangladesh, and is planning to help in the development of an offshore receiving facility in the country.