The 35th LNG carrier Pan Americas has arrived at the LNG terminal, LNG Hrvatska, on the island of Krk, Croatia.
An average of 49.0 billion ft3/d of LNG was traded globally during 2021, an increase of 2.2 billion ft3/d from 2020, according to The LNG Industry GIIGNL Annual Report 2022.
BW Singapore, built in 2015, has a maximum storage capacity of approximately 170 000 m3 of LNG and a nominal continuous regasification capacity of approximately 5 billion m3/y.
The company has announced the appointment of Elio Ruggeri as Chairman and the confirmation of Giovanni Giorgio in the role of Chief Executive Officer.
Up to 7.5 billion m3/y of natural gas are to be handled via this terminal as quickly as possible. This is approximately 8.5% of Germany’s current gas demand per year.
Wood Mackenzie states that a rewriting of energy trade flows is now underway following the complete ban on Russian commodity exports.