Regasification

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

BP has reached an agreement to supply PT Perusahaan Listrik Negara – the Indonesian state electricity firm – with 16 LNG cargoes annually from 2020 to 2035 from the Tangguh project.

Wood Mackenzie has announced that the 100-day action plan between China and the US has the potential to alter the global LNG trade.

TMC Compressors has announced that it has been awarded a contract by Samsung Heavy Industries to deliver a marine compressed air system for a floating storage and regasification unit.

Crowley Maritime Corp.’s LNG services group has won a multi-year contract to provide additional volumes of LNG to a major pharmaceutical company’s manufacturing plants in Puerto Rico.

Kanfer Shipping AS has announced that it has appointed a new representative for the Brazilian market – Paschoalin Consultoria em Engenharia Ltda.

According to Reuters, Egypt is currently in talks with its LNG suppliers, looking to reduce its dependence on LNG imports as its domestic production increases.

Chart has announced that plans to have the first phase of the Klaipeda LNG distribution hub in Lithuania operational by the end of summer 2017 are on track.

According to Reuters, senior company officials at Petronas have stated that the company may try shorter-term LNG contracts and smaller cargo sizes in order to attract buyers.

According to Reuters, a company executive at Thailand’s PTT has stated that the company is planning to construct a second LNG import terminal.

Engie has announced that it has agreed to enter into a joint venture with AES Corp. to market and sell LNG to third parties in Central America.

ABS has announced that it provided safety guidance and advice on regulatory compliance throughout the development of a new FSRU design concept by Hanjin Heavy Industries and Construction Co. Ltd.

TMC Compressors has signed an agreement with Hyundai Heavy Industries to supply a complete marine compressed air system for a newbuild FSRU that the South Korean yard is building for Höegh LNG.