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LNG

Teekay to reduce cash distributions

Teekay GP LLC, the general partner of Teekay LNG Partners L.P., has approved a plan to reduce its quarterly cash distributions to US$0.14 per common unit.

 
 
 
 
 
 

Senex completes transaction with GLNG

Senex Energy Ltd has announced that it has completed the transaction for the development of the Western Surat Gas Project in Queensland, Australia with Gladstone LNG.

 
 

Construction of new LNG bunker vessel commences

Port of Rotterdam has announced that construction has started on a new LNG bunker vessel that will operate from the port, with operations scheduled to begin in mid-2017.

 
 
 

MOL names new LNG carrier

Mitsui O.S.K. Lines has released a statement naming its new LNG carrier, which will transport LNG to both Osaka Gas Co. Ltd and Kyushu Power Co. Inc.

 
 
 

NIOC: Iran FLNG talks finalised

National Iranian Oil Co. has released a statement claiming that a final agreement has been reached between two Iranian companies and a French firm regarding floating LNG production.