South Korean shipbuilders have outbid competitors and secured all orders for large LNG carrying vessels for the next three years.
According to Reuters, China National Offshore Oil Co. (CNOOC) has successfully received its first LNG cargo from the Yamal LNG project in Russia.
The Linde Group has been awarded a contract from Inner Mongolia Huineng Coal Chemical Co Ltd. to supply a mid-scale LNG plant near Beinichuan in Inner Mongolia.
ABB has been awarded its first marine automation system contract for a cruise ferry in China, after the technology package for the Chinese-built Viking Line vessel has been extended to include the ABB Ability System 800xA.
Changfeng Energy Inc. has announced that its trial run of an LNG shipment from Canada to China using ISO-containers has been successfully completed.
PAO NOVATEK has announced that its wholly owned subsidiary, NOVATEK Gas and Power Asia Pte. Ltd, has successfully shipped an LNG cargo produced from the Yamal LNG project to CNOOC.
According to Reuters, the International Energy Agency has announced that it expects gas to overtake coal as the world’s second largest energy source (after oil) by 2030.
China has taken delivery of a US LNG cargo, the first of its kind to be delivered since the imposition of tariffs on US imports.