Qatar’s Nakilat, the world’s largest liquefied natural gas (LNG) shipping company, reported on Wednesday a 9 percent rise in its first-half profit. Nakilat said its six-month net profit was at 445 million Qatari Riyals ($122.2m) as compared to 409 million Qatari Riyals in the same period last year.
Orders for liquefied natural gas (LNG) carriers surged in the first half of this year as compared to the same period in 2017. According to the data by VesselsValue provided to LNG World News, 22 LNG vessels worth $3.97 billion have been ordered in the first half of this year. This compares to eighth
Suez Canal Authority has decided to amend the regulations related to the residue cargo requirements for liquefied natural gas (LNG) carriers.
Worldwide natural gas demand is expected to rise 1.4% per year during 2016-40 with China and the Middle East leading the way in gas demand growth, a study released by the French international association for gas, Cedigaz, said Tuesday. To remind, Cedigaz said last year that global gas demand would r
REN-operated Sines LNG import terminal in Portugal has booked a cargo of the chilled fuel, shipping data by the Port of Sines shows.
Asian spot prices for liquefied natural gas (LNG) reportedly dropped for a second consecutive week due to lower trading activity and a slow down in buying from China. Spot prices for August delivery in Asia fell to $10.30 per million British thermal units (Btu), down 30 cents from the previous week,
Qatar Petroleum is moving forward with its plans to increase the country’s LNG output by 30 percent, from 77 million tons per year to 100 mtpa in order to meet the rising global demand.
State-owned Pakistan LNG launched a tender seeking the supply of a total of five liquefied natural gas cargoes for delivery in September and October. According to Pakistan LNG’s tender document dated June 26, the supply term is divided into five periods and the cargoes will be delivered on a DES bas
Trading company Gunvor has emerged as a winner in a tender to supply Pakistan with six liquefied natural gas (LNG) cargoes in July and August. Gunvor submitted the most competitive offers for five of the cargoes sought by state-owned company Pakistan LNG while Vitol won one and Trafigura none, accor
The Hague-based LNG giant Shell said it has completed the sale of its 22.2222 percent interest in the Bongkot field offshore Thailand to PTT Exploration and Production for $750 million.
Fluxys-operated Zeebrugge LNG terminal in Belgium is awaiting a cargo of liquefied natural gas from Qatar at the start of July.
Trading companies Gunvor, Vitol and Trafigura have qualified for a tender to supply Pakistan with six liquefied natural gas (LNG) cargoes in July and August. State-owned company Pakistan LNG said on Wednesday in a tender document it received 11 bids in total from the three traders. The bids were sub
Shell’s Prelude FLNG receives test cargo Shell’s Prelude FLNG facility off the Australian coast saw the first gas introduced onboard as the LNG carrier Gallina delivered a cargo to the unit from Singapore. Nakilat forms FSRU pact with Excelerate Energy Qatar’s Nakilat, the world’s largest liquefied
Qatar’s Nakilat, the world’s largest liquefied natural gas (LNG) shipping company, signed an agreement with Excelerate Energy, to establish a joint-venture company and acquire interest in FSRU Exquisite.
