Natural gas news
ABS explores potential of nuclear technology on LNG carriers
ABS has released its latest report into the potential of advanced nuclear technology for maritime applications, with a study of a small modular reactor on a standard LNG carrier.
Wärtsilä signs lifecycle agreement for seven Capital Gas LNG carriers
Wärtsilä has signed a five-year lifecycle agreement covering seven 174 000 m³ LNG carrier vessels operated by Capital Gas Ship Management.
Sapphire Gas Solutions secures DOE approval for LNG export authorisation
Sapphire Gas Solutions has received approval from the U.S. Department of Energy to export domestically produced LNG under a long-term, multi-contract authorisation through 2050.
Genting Berhad signs contracts for Indonesia floating LNG facility
Genting Berhad’s indirect subsidiary, PT Layar Nusantara Gas, has entered into definitive agreements for the onshore gas processing plant, connecting pipelines, and supporting facilities for the Genting floating LNG project to be located in West Papua, Indonesia.
New Fortress Energy provides update on initial Fast LNG asset
New Fortress Energy Inc. has announced that its initial Fast LNG unit has completed its third cargo loading.
GTT receives tank design order from Hudong-Zhonghua Shipbuilding for LNG bunkering vessel
GTT has received an order from Hudong-Zhonghua Shipbuilding Co. Ltd for the tank design of a new LNG bunkering vessel for Ondimar Transportes Marítimos, a company of the Ibaizabal Group.
SEFE and ConocoPhillips commence long-term gas partnership
Securing Energy for Europe and ConocoPhillips have recently entered into a new long-term natural gas agreement, under which first gas deliveries have been successfully completed.
BW LNG secures e-procurement deal with Procureship
Procureship has signed a deal with BW LNG to bring its platform to support the group’s procurement capabilities for its fleet of LNG carriers.
LNG prices experiencing volatility
Gas price volatility has raised questions on its suitability as a bridging fuel for the energy transition.
China Gas and Vitol enter into a long-term swap arrangement
As part of a long-term swap arrangement, Vitol will purchase 500 000 t LNG from China Gas’ contracted US volume on FOB basis and sell 500 000 t of LNG to China Gas on DES basis from 2029.