Floating storage unloading prompts Asian LNG price decline
The unloading of several floating storage cargoes into the already over-supplied LNG market has caused Asian spot prices to slump.
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DPA discusses LNG ship supply with Italian delegation
Egypt’s Damietta Port Authority has received an Italian delegation and hosted talks regarding LNG-related cooperation.
MSC Cruises celebrates environmental stewardship milestones
MSC cruises has celebrated two important milestones, continuing its commitment to environmental stewardship.
Suntien Green Energy to build LNG import terminal in China
Suntien Green Energy’s plans to build an LNG receiving terminal in northern China have been granted state approval.
South Korean LNG imports to fall as nuclear and coal power takeover
South Korea’s imports of LNG are set to decline over the next five years, as new nuclear and coal power plants startup.
PGNiG starts tender process to charter LNG tankers
According to Reuters, PGNiG has begun the tender process to charter LNG tankers for its new gas imports.
Port Kembla project looking to increase winter imports of LNG
The Australian Industrial Energy (AIE) consortium is seeking to increase the quantity of LNG it is permitted to import into Australia.
LNG carriers to be equipped with TMC compressors
TMC has signed a contract to supply a complete marine compressed air system and associated equipment to four of TMS Cardiff Gas Ltd’s LNG carriers.
Chart and ECV to promote LNG distribution in Vietnam
Chart Industries, Inc. and Energy Capital Vietnam have signed an MOU to promote LNG distribution within Vietnam.
B.C. government supports proposal for LNG ship-refuelling facility
The B.C. government is joining the Vancouver Fraser Port Authority and FortisBC to establish the first STS LNG marine refuelling/bunkering service on the west coast of North America.
US Department of Transportation proposes major rule for the safe transportation of LNG by rail
The US Department of Transportation’s PHMSA, in coordination with the FRA, has announced that it is publishing an NPRM regarding the transportation of LNG.
JERA and EVN conclude MOU on cooperation in the LNG value chain business
JERA Co. has entered into a memorandum of understanding with Vietnam Electricity concerning cooperation in the LNG value chain business.
Teekay Corp. and Teekay LNG announce resolution to China LNG JV issues
Teekay Corp. and Teekay LNG have announced that COSCO Shipping has completed an ownership restructuring which has resulted in China LNG Shipping no longer being classified as a ‘Blocked Person’.
JERAGM seeks LNG for delivery in 1Q20
According to Reuters, JERA Global Markets is looking to purchase up to 0.5 million t of spot LNG for delivery in 1Q20.
NOVATEK issues update on Arc7 LNG tankers
PAO NOVATEK has announced that TC LNG Shipping L.L.C. is no longer considered a ‘Blocked Person’ under the US Department of the Treasury’s Office of Foreign Asset Control rules.