Clean Fuel
Spanish LNG imports nosedive in February YoY
Spain’s imports of liquefied natural gas plummeted 48 percent in February on a yearly basis, according to the data provided by the LNG terminal operator, Enagás. LNG imports reached 10.81 terawatt hours (TWh) in February as compared to 20.94 TWh in the same month the year before, the data shows. Tot
Top news of the week March 5-10
Worker dies in Freeport LNG construction site incident One worker lost his life in an accident at the Freeport LNG export facility located near Freeport, Texas. USA: Dominion’s Cove Point ships first LNG export cargo Dominion Energy’s Cove Point terminal in Maryland, the second US facility to produc
Croatian LNG terminal granted environmental permit
Croatian liquefied natural gas (LNG) import terminal on the island of Krk has reportedly received the environmental permit from the Ministry of Environmental Protection and Energy.
Saudi Aramco inks gas, LNG deal with Shell
State oil company Saudi Aramco signed a preliminary deal to pursue international gas opportunities with the Hauge-based LNG giant Shell. The memorandum of understanding was signed in London on Thursday between the two companies during the visit of Saudi Crown Prince Mohammed bin Salman to the UK. Th
South Korea: Hoegh LNG names its eighth FSRU
A naming ceremony for Höegh LNG’s eighth floating storage and regasification unit (FSRU) was held on Thursday at the Hyundai Heavy Industries’ shipyard in Ulsan, South Korea. The 170,000-cbm vessel named Höegh Esperanza will have a regas capacity of 750 MMscf/day. The FSRU is 294m long and 46m wide,
Engie gearing for growth as it swings to profit
French energy company and LNG player Engie swung to profit for the year 2017, reporting an income of €1.4 billion ($1.74 billion), compared to a €400 million net loss in 2016.
TurkStream’s offshore section 50 pct done
The offshore section of TurkStream, an export gas pipeline stretching from Russia to Turkey across the Black Sea, reached 50 percent completion earlier this week.
Picture of the day: LNG transshipment at Montoir-de-Bretagne
Over the past weekend, the fifth transshipment of Yamal LNG volumes since the start of the year took place at Elengy’s liquefied natural gas terminal of Montoir-de-Bretagne.
Ophir’s revenue jumps as Fortuna FLNG FID is taking longer than expected
London-based Ophir Energy reported a 76 percent increase in 2017 revenue, however, the completion of the project financing on the Fortuna FLNG project is taking longer than expected.
Klaipeda LNG regas volumes rising
Lithuanian LNG terminal operator, Klaipedos Nafta reported a significant rise in regas volumes at the facility during the month of February.
Geveran, Flex LNG sign new swap deal as CEO buys new shares
Flex LNG, an emerging player in the LNG sector said that Geveran Trading, another John Fredriksen controlled company settled total return swap (TRS) agreements underlying 810,000 shares in Flex LNG, expiring March 6.
Energean secures $1.27 bln for Karish gas field development
Energean Oil & Gas, eastern Mediterranean focused exploration and production company secured $1.27 billion for the development of the Karish offshore gas field.
Elengy completes fifth Yamal LNG transshipment
Elengy, a unit of the French energy company and LNG player Engie, said it has completed the fifth transshipment of Yamal LNG at its Montoir-de-Bretagne terminal.
Opposition builds against Croatian LNG FSRU
A project to build Croatia’s first floating liquefied natural gas (LNG) import terminal on the Adriatic island of Krk has triggered opposition from local communities and environmentalists. According to local media reports, around two thousand people gathered on Saturday in the city of Rijeka in the