The LNG terminal to be built at the Finnish Port of Hamina by the technology group Wärtsilä under a turnkey contract has reached financial close and received the necessary building permits.
Teekay Corporation has released results for the quarter ended 31 March 2018.
Demand for natural gas will top other fossil fuels in the long term on the back of rising number of electric vehicles and as new emission standards could see new vessels adopting alternative fuels.
Japanese city gas supplier Osaka Gas says its subsidiary has won consulting work for LNG terminals planned by Taiwan’s state-owned CPC Corp and Taiwan Power Co.
Inpex is expecting to ship its first LNG cargo from the Ichthys project by the end of September.
Chinese gas distributor ENN is seeking a commissioning cargo for the country’s first privately owned LNG import terminal.
Construction on TransCanada Corp’s Coastal GasLink pipeline is due to start in early 2019, pending positive LNG plant FID.
The US Commodity Futures Trading Commission issued a report assessing the market impacts due to the US transitioning from being a net importer to a net exporter of LNG in 2016.
Agility Gas Technology (AGT) has been granted its second GCC patent.
Keppel Offshore & Marine has secured contracts from Van Oord to build two high-specification Trailing Suction Hopper Dredgers (TSHDs) capable of running on LNG.
The CEO of the LNG Canada project on British Columbia's northern coast has said that the company was committed to starting construction on the C$40 billion LNG export project this year.
Uncertainty is growing regarding a recent statement by ENN claiming to have secured an agreement with Harbour Energy regarding its Santos takeover bid.
Bangladesh has terminated talks with Trafigura to install a small FLNG import terminal due to delays in agreeing terms, while rival trader Gunvor advances with a separate project.
Abuja-based NNPC made operating losses of US$246 million in 2017.
The very first Laby®-GI Compressor of Burckhardt Compression was used as a minimum send-out compressor.