Australia’s LNG capacity expansion is nearing its end and although the country has taken over the LNG exporter top spot in 2019-20, the earnings are expected to dip sharply.
Australian independent Transborders Energy has signed a partnership deal with Dutch floating specialist SBM Offshore to develop FLNG projects. The partnership will pursue the deployment of Transborders’ FLNG solution on a range of stranded offshore gas resource opportunities, the Australian company
The Henry Hub average daily natural gas spot price has hit its lowest level since December 1998.
Belgium’s Exmar, the Nicolas Savery-led shipowner, has been notified by YPF of force majeure on the Tango FLNG unit.
Alfa Laval, a heat transfer, centrifugal separation, and fluid handling specialist has teamed up with the Swiss engine developer WinGD.
Alaska Gasline Development Corp. (AGDC) has updated the Alaska LNG project cost estimate in a push to boost its competitiveness. The project leader AGDC noted the updated $38.7 billion cost estimate is a 12.4 per cent or $5.5 billion cost reduction off the previous $44.2 billion cost estimate, which
Liquefied natural gas exports from the United States slipped in the week ending June 24.
Section 27 of the U.S. Merchant Marine, sponsored by Senator Wesley L. Jones and enacted in June 1920, requires vessels traveling between any two U.S. points to be U.S.-manufactured, -owned, -flagged, and -crewed (with some exceptions). This has become a stumbling stone for the offshore energy indus
Algerian national energy company Sonatrach has extended its liquefied natural gas (LNG) partnership with the French major Total.
German LNG Terminal, the developer of the import project in Brunsbuettel, has selected a Spanish-German partnership as an exclusive candidate for the final phase of its EPC tender procedure. The partnership consists of Spain’s Cobra Instalaciones y Servicios, Sener, and Germany’s TGE Gas Engineering
India’s LNG imports in May increased by 0.5 per cent following a decline in April due to coronavirus lockdown restrictions. India started easing the restrictions, which halted economic activity and pushed down demand, in the second part of May and plans to end the lockdown on June 31. The country im
France’s GTT has secured an order to design two storage tanks for Beijing Gas Group’s Tianjin Nangang LNG terminal in China. The LNG containment specialist won the contract from China Huanqiu Contracting & Engineering. GTT said that the 220,000-cbm tanks will be the largest land storage tanks in Chi
Polskie LNG, a GAZ-SYSTEM company, together with Szczecin and Świnoujście Seaport Authority, has picked the contractor for the Polish LNG terminal expansion project.
The board of creditors, self-administration and management of the financially-troubled shipbuilder Flensburger Schiffbau-Gesellschaft (FSG) are fighting to continue the construction of the LNG-powered ferry Honfleur (newbuilding 774).
