LNG project news

The US and India are expected to lead capacity growth in the global LNG liquefaction and regasification industries from planned and announced (newbuild) projects, respectively during the outlook period 2019 – 2023, according to GlobalData.

Venture Global LNG, Inc. and Stonepeak Infrastructure Partners have executed definitive agreements under which Stonepeak will exclusively provide a US$1.3 billion equity investment in Venture Global’s 10 million tpy Calcasieu Pass LNG export facility.

Keppel Shipyard has awarded PG Flow Solutions a contract to supply high flow seawater pumps to Golar’s ‘Gimi FLNG’ project.

First Gen Corp. has held a ground-breaking ceremony and finished the pre-development work for its new LNG terminal.

OLT Offshore LNG Toscana has announced that its Board of Directors has formalised the transfer of shares held by Uniper, to First State Investments.

Samik Mukherjee and Don Hill, McDermott International, Inc., USA, review modularisation options and applications in the context of new liquefaction projects.

Myles Mantle, Andreas Silcher and Chrysa Kitsou, Haynes and Boone CDG, LLP, UK, provide a regional report on the LNG industry in Latin America and the Caribbean.

Magnolia LNG has received its Industrial Tax Exemption Program incentive from the State of Louisiana following approval by the Louisiana Board of Commerce and Industry, local governments and Gov. John Bel Edwards.

The startup of the Bahrain LNG import terminal has been delayed till 3Q19.

McDermott International Inc. has released a statement reaffirming its previously disclosed schedule for the Freeport LNG project in Freeport, Texas, US.