Clean Fuel
Gazprom’s year-to-date natural gas production rises
Russian giant Gazprom said its natural gas production during the first nine months of the year had hit an estimated 368 billion cubic meters.
Avenir LNG charters newbuild carrier to Petronas
Avenir LNG in collaboration with MISC Berhad has agreed a time charter deal with Petronas, for the provision of its first 7,500-cbm liquefied natural gas carrier.
Novatek, HMS localizing LNG equipment fabrication
Russia’s largest independent natural gas producer and LNG project operator Novatek signed a memorandum of understanding with HMS Group on strategic partnership and localizing the fabrication of critical equipment for LNG production.
U.S. sanctions against COSCO will not affect Yamal LNG supplies
After the U.S. put sanctions on two units of Chinese shipper COSCO for allegedly carrying Iranian crude oil, Russia’s Novatek stated that these sanctions would not hinder Yamal LNG supplies.
Spark arranges first Pacific LNG freight swap between Glencore and Socar
Traders Glencore and Socar Trading have executed the first Spark LNG freight swap against Spark Commodities’ Spark25 Pacific based assessment in a bilateral trade arranged by Affinity Financial Products.
Centrica’s first LNG cargo under deal with Cheniere leaves Sabine Pass
UK’s Centrica said it has loaded its first liquified natural gas cargo from the fifth LNG train at the Sabine Pass liquefaction plant in Louisiana under the agreement signed in 2013 with Cheniere Energy Partners.
Excelerate inks FSRU newbuild charter with Maran Gas Maritime
Excelerate Energy and Maran Gas Maritime have signed a five-year bareboat charter agreement (BBC) for the floating storage regasification unit (FSRU) hull 2477.
Dynagas LNG Partners second-quarter profit up
Dynagas LNG Partners, a limited partnership formed by the Greek shipowner Dynagas, reported mixed results for the second quarter and first half of the year 2019.
GTT to design tanks for Arctic LNG 2 gravity-based structures
French LNG containment system specialist GTT has signed a contract with SAREN B.V. for detailed design and construction of three gravity-based structures (GBS) set for Novatek’s Arctic LNG 2 project.
ExxonMobil sells non-operated Norwegian North Sea assets for $4.5 billion
U.S. energy giant ExxonMobil has signed an agreement with Vår Energi for the sale of its non-operated upstream assets in Norway for $4.5 billion.
Affinity arranges first Atlantic LNG freight swap between JERA and Vitol
LNG traders JERA Global Markets and Vitol have executed the first Atlantic LNG freight swap against The Baltic Exchange’s BLNG3 assessment in a bilateral trade arranged by Affinity Financial Products.
Fluxys Belgium profit jumps on record activity
Fluxys Belgium, the operator of the Zeebrugge LNG terminal on Wednesday reported a rise in net profit for the first six months of the year 2019.
Novatek forms LNG partnership with MOL, JBIC
Russia’s largest independent natural gas producer and LNG project operator Novatek has formed ties with Japan’s Mitsui O.S.K. Lines (MOL) and Japan Bank for International Cooperation (JBIC) to collaborate on LNG projects.
Pavilion Energy eyeing European LNG markets in expansion push
Temasek-owned Pavilion Energy is reportedly targeting European markets as well as expansion in Asia in a push to expand its global LNG footprint.