LNG

As part of the Heat Technology Q&A, Hydrocarbon Engineering questioned a number of downstream heat technology experts about R&D, testing and design, efficiency improvements and the overall market outlook.

With a global glut dragging down prices, LNG suppliers are looking to build smaller and cheaper. 

Cheniere Energy is on a track to double its export capacity this year.

South Asia is emerging as a hotspot for LNG, with Pakistan and Bangladesh set to join India as major consumers.

Yamal LNG has announced that the Christophe de Margerie LNG tanker has entered the Kara Sea, and commenced its first LNG cargo journey through the Northern Sea Route.

BC Ferries has announced that the Salish Raven will commence service on 3 August 2017, which is earlier than initially expected.

The infrastructure of small scale LNG will be discussed in a panel discussion during ‘LNG Solutions: Fuelling the Future Summit’.

Baker Hughes has announced that the BHGE Board of Directors declared a cash dividend of US$0.17 per share of common stock payable 25 August 2017.

According to Reuters, Air Products has won a contract to provide cryogenic coil-wound heat exchanger technology for the Coral South floating LNG project.

McKinsey Energy Insights (MEI) has released its latest Global Gas Market Outlook.

British wholesale gas prices fell on 1 August due to higher Norwegian and LNG supply and lower exports.

Magnolia LNG has executed a Servitude Agreement with Turners Bay.

Chevron Corp. has released its results for 2Q17, reporting a net income of $1.5 billion ($0.77 per share – diluted).

SEA\LNG has released a statement welcoming three new members into the coalition: Mitsui & Co. Ltd; Novatek Gas & Power; and Sumitomo Corp.

The technology group Wärtsilä is to supply the engines for a new LNG fuelled research vessel being built for the German government.