Clean Fuel
Hoegh LNG swings to profit in Q4
Norway-based floating LNG giant Höegh LNG posted a profit of $0.8 million in the fourth quarter of last year after recording a loss of $33 million in the same quarter a year before. Compared to the quarter before, Höegh LNG’s net profit was lower for $2.5 million. In its report issued on Tuesday, Hö
Dynagas LNG Partners income rises
Dynagas LNG Partners, a partnership formed by Dynagas, reported an adjusted net income of US$17.3 million for the fourth quarter, 15 percent up on the corresponding quarter in 2015.
Total in talks to buy Iranian LNG project
Total is in talks to buy a multi-billion dollar stake in Iran’s partly-built liquefied natural gas (LNG) export facility, Iran LNG, seeking to unlock vast gas reserves.
Chart ships LNG storage tanks for Lithuanian reloading station
Chart Ferox shipped three of five LNG storage tanks for the liquefied natural gas reloading station being developed at the port of Klaipeda by Klaipedos Nafta.
Oil tanker hits Q-Flex LNG carrier Al Khattiya off Fujairah
Q-Flex LNG carrier Al Khattiya, owned by Nakilat of Qatar and managed by Shell’s shipping unit Stasco, ended up with a hole on its starboard side after being hit by an oil tanker off Fujairah. The incident took place on February 23 while the 315m-long Al Khattiya was at anchor at Fujairah in the Uni
Peru dispatches two LNG cargoes to Spain
Peruvian LNG export plant at Pampa Melchorita dispatched two cargoes to Spain and diverted one cargo to South Korea.
UK to get second March LNG cargo
South Hook liquefied natural gas import terminal on the UK’s shores of Milford Haven waterway is scheduled to receive the second cargo of Qatari LNG at the beginning of March.
Top news of the week February 20-25
Shell’s first LNG Outlook: LNG demand to grow at twice the rate of gas demand The Hague-based LNG giant Shell on Monday launched its first” LNG Outlook”, an assessment of the global liquefied natural gas (LNG) market. Explosion hits Nigeria LNG pipeline Nigeria LNG, the operator of the 22 mtpa lique
Spanish Jan LNG imports down YoY
Spain’s imports of liquefied natural gas (LNG) dropped 4.8 percent year-on-year due to a month-long outage at the Skikda export facility in Algeria. LNG imports reached 14.4 terawatt hours (TWh) in January, as compared to 15.1 TWh in the corresponding month a year ago, according to the data provided
Fosmax LNG mulls small-scale loading service
Fosmax LNG issued a call for expressions of interest for small-scale LNG services at its Fos Cavaou LNG terminal on the Mediterranean coast, 50 km west of Marseille.
South Hook books first March LNG cargo
Qatar’s Ras Laffan LNG complex shipped a cargo to the South Hook liquefied natural gas terminal in the United Kingdom.
Sevan Marine inks FLNG development deal with ExxonMobil
Norway’s Sevan Marine signed a long-term framework agreement with ExxonMobil for the provision of services and use of the company’s cylindrical hull technology.
GTT’s 2016 revenue up
Gaztransport & Technigaz (GTT), the French maker of LNG containment systems, posted a revenue of €235.6 million (Approx: US$249.5 million) for the year 2016, a 4 percent increase compared to the year before.
Kosmos, BP firm ties on West African LNG project
Kosmos Energy received governmental approval and completed the $916 million farm-out of assets in the Mauritania-Senegal basin to BP.