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Liquefied Natural Gas

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A large vessel sailing
Liquefied Natural Gas

US-Greek LNG deal opens new route for energy diversification in Europe

Venture Global, a U.S. producer of liquefied natural gas (LNG) sourced from North American basins, has signed a binding multi-year terminal use agreement (TUA) with Greek gas player Gastrade, to supply markets in Central and Eastern Europe (CEE) with LNG from the former’s Louisiana terminals.

about 2 years ago
FSRU Excelsior; Source: Excelerate Energy
Liquefied Natural Gas

European firm sets up shop in Germany to handle work on Wilhelmshaven 2 LNG terminal

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KN Energies (KN) has hung out its shingle in Germany by establishing a German subsidiary, KN Energies Deutschland, within its corporate group, which will be in charge of executing its assignment with the German state-owned company, Deutsche Energy Terminal (DET), by providing technical operation and

about 2 years ago
FSRU Alexandroupolis; Source: Gastrade
Liquefied Natural Gas

Countdown to commercial ops at European LNG terminal underway

Greece’s first offshore liquefied natural gas (LNG) terminal, which is expected to secure low-emission energy while enhancing Southeastern Europe’s diversification of gas sources, is fast approaching its commercial operations date, with less than two weeks left until start-up.

about 2 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Liquefied Natural Gas

UK’s oil & gas industry on its way to surpassing methane and production emissions cuts years before deadline

The UK wants decarbonized oil and gas production to power its homes and businesses with low-carbon and zero-emission energy.

about 2 years ago
French company's barge in fifth gear for Germany’s Wilhelmshaven 2 LNG terminal
Liquefied Natural Gas

French firm’s barge in fifth gear for Germany’s Wilhelmshaven 2 LNG terminal

As part of a contract with Norway’s technology company ECOnnect Energy, French Geocean has picked up the thermo composite pipes (TCP) reels that will connect the FSRU to the onshore site as part of the second liquefied natural gas (LNG) terminal in Wilhelmshaven developed by German state-owned Deuts

about 2 years ago
Illustration; Source: BV
Liquefied Natural Gas

Closing ‘reality gap’ between net zero ambition and energy transition action requires US and EU to pull all decarbonization levers

McKinsey & Company, a global management consulting firm, highlights the need to up the climate action ante by scaling up interrelated low-emission and green technologies.

about 2 years ago
Knutsen welcomes eighth energy-efficient LNG carrier for charter with Shell
Liquefied Natural Gas

Knutsen welcomes eighth energy-efficient LNG carrier for charter with Shell

Norwegian shipping company Knutsen Group has received new energy-efficient LNG carrier for charter with energy giant Shell from South Korean shipbuilder Hyundai Samho Heavy Industries (HSHI). The 174,000 cubic meter LNG carrier named Nantes Knutsen was delivered to the shipowner on September 13, 202

about 2 years ago
Crown LNG plans to utilize gravity-based structures for LNG regasification and liquefaction facilities; Source: Crown LNG
Liquefied Natural Gas

Crown on the lookout for new LNG opportunities but postpones sanctioning of FSRU project in UK

Crown LNG has bumped to next year the final investment decision (FID) for its planned and fully owned floating liquefied natural gas (FLNG) import terminal in Scotland’s Firth of Forth.

about 2 years ago
BW Pavilion Aranthera LNG carrier at Krk terminal in Croatia; Source: LNG Croatia
Liquefied Natural Gas

Croatia’s gas terminal tucks 100th LNG shipment under its belt in less than four years

MET Group has confirmed the delivery of the 100th liquefied natural gas (LNG) shipment to a floating LNG terminal in Omišalj municipality on the island of Krk, Croatia.

about 2 years ago
A view of some pipes in the foreground and a vessel in the background
Liquefied Natural Gas

Polish energy player to use Lithuania’s LNG reloading capacity until 2030

Lithuanian liquefied natural gas (LNG) terminals’ operator KN Energies has prolonged the contract with Polish energy player ORLEN Group, enabling the latter to use the small-scale reloading station in the Baltic country for five more years. The deal will grant the Polish player sole access to a smal

about 2 years ago
A large vessel at sea
Liquefied Natural Gas

Cypriot LNG import terminal inching closer to completion with launch of new tender

Cyprus’ Natural Gas Infrastructure Company (ETYFA), a subsidiary of the Natural Gas Public Company (DEFA), has issued a tender for the provision of management services to complete the liquefied natural gas (LNG) import terminal project at the country’s Vassiliko Port.

about 2 years ago
A vessel next to an offshore platform
Liquefied Natural Gas

Rystad: With global gas markets in ‘fragile equilibrium,’ more LNG key to 2030 energy targets

Based on the 2024 Global Gas Report, the world may face an energy deficit soon, with renewable energy targets at risk of falling through due to insufficient funding allocated to gas and clean energy projects.

about 2 years ago
A large vessel at sea
Liquefied Natural Gas

‘Challenging’ period for LNG fleet ahead unless freight efficiency increases, Norwegian firm’s analysis shows

Awilco LNG, a Norwegian-based fully integrated pure-play liquefied natural gas (LNG) transportation provider, has highlighted in its analysis of the LNG market trends in the first half of 2024 and predictions for the upcoming period that the market activity is picking up the pace even though the cha

about 2 years ago
Rig mobilizes for 'UK's first CO2 well injection test'
Liquefied Natural Gas

Rig mobilizes for ‘UK’s first CO2 well injection’

A 1981-built non-propelled self-elevating cantilever jack-up rig has mobilized for the commencement of what will be the UK’s first CO2 well injection test. Perenco UK and Carbon Catalyst Limited secured a license to progress the Poseidon CCS project at the Leman gas fields in the UK southern North S

about 2 years ago