LNG

Cargoes from around the world filled with LNG are sailing to Europe just when the region does not really need them.

China's imports of LNG rose 15.6% from 2016 levels to 2.17 million t.

Woodside Petroleum sees its production growing by approximately 15% between 2017 and 2020.

Japan’s Mitsui O.S.K. Lines Ltd has announced that it is planning to construct an LNG-fuelled tugboat.

Gas is poised to play a larger role in US-China trade relations.

The Arctic Discoverer vessel departed the facility on the Gulf Coast and is listed as heading for Rotterdam.

According to Reuters, Malaysia’s Sarawak state government is in talks with Petronas to acquire a 10% equity stake in an LNG facility at the company’s complex in Bintulu, Sarawak.

Wood Group has announced that it has signed a technical support services contract with Sakhalin Energy Investment Co. Ltd.

Samsung Heavy Industries Co. Ltd has announced that it has signed a US$100 million contract to construct two small scale LNG carriers.

The Port of Montreal and Gaz Métro have announced that they have introduced an LNG supply solution at the Port of Montreal, Canada.

According to Reuters, POSCO is looking to purchase one LNG cargo for delivery in late June 2017.

CB&I has announced that Philip K. Asherman will retire as President and CEO, and as a member of the board, effective 1 July.

Nakilat has released a statement claiming that it has assumed full ship management and operations of the Onaiza Q-Flex LNG carrier from Shell Trading and Shipping Co. Ltd.

Dynagas LNG Partners LP has announced the closing of a US$480 million Senior Secured Term Loan B facility by its wholly-owned subsidiary – Arctic LNG Carriers Ltd.

Tellurian Inc. has released a statement claiming that it has withdrawn its proposed public offering of 10 million shares of its common stock.