Top News of The Week December 16-22, 2013

Presenting the Global LNG Fleet (Vol. 1)

As the global liquefied natural gas market expands rapidly, the fleet of LNG tankers continues to experience tremendous growth. According to the International Gas Union, at the end of 2012, the LNG fleet consisted of 362 vessels of all types.

VIDEO: GE Transportation Introduces NextFuel Gas Retrofit Kit (USA)

GE Transportation posted a video of the company’s new NextFuelTM Natural Gas Retrofit Kits that enable existing Evolution Series locomotives to operate with dual fuel capabilities.

Novatek, Total Approve USD 27 Billion LNG Project

Novatek of Russia said on Wednesday that the Board of Directors of Yamal LNG approved a final investment decision (FID) for the LNG export project, consisting of the development of the South-Tambeyskoye gas condensate field and the construction of a natural gas liquefaction plant on the Yamal Peninsula.

VIDEO: Prelude’s Maiden Voyage

After 14 months of construction, the Shell Prelude FLNG project continues to create history.

EIA: Growing Oil, Gas Production Continues to Reshape U.S. Energy Economy

The Annual Energy Outlook 2014 Reference case released by the U.S. Energy Information Administration (EIA) presents updated projections for U.S. energy markets through 2040.

Two LNG Tankers Dock at Gate Terminal

On Saturday something unique happened at the Gate terminal in Rotterdam. For the first time, two LNG carriers were moored at the same time in the Nijlhaven.

Canada: NEB Grants Four LNG Export Licenses

The National Energy Board (NEB) has approved applications for 25 year natural gas export licences to export liquefied natural gas to four LNG projects.

First Gas Reaches QCLNG Terminal

BG Group announced it had successfully reached a key milestone in the development of the Queensland Curtis LNG project, with first gas transported from the Surat Basin coal seam gas fields onto Curtis Island where the liquefaction terminal is located.

Picture of the Day: Hoegh LNG FSRUs

Höegh LNG of Norway posted a picture of the company’s three LNG floating storage and regasification units.

Shell, Caterpillar to Test LNG Mining Trucks (Canada)

Shell Canada and Caterpillar have signed an agreement to test a new engine and fuel mix using liquefied natural gas (LNG) that could reduce operating costs and lead to reduced emissions from oil sands mining in northern Alberta.

IFM to Invest USD 1.3 Bln in Freeport LNG Export Project

Freeport LNG Expansion and IFM Investors announced that IFM Investors has entered into an agreement to invest approximately $1.3 billion of equity funding for Freeport LNG’s proposed natural gas liquefaction and LNG loading facility on Quintana Island near Freeport, Texas.

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LNG World News Staff, December 22, 2013