The worldwide natural gas sector has been impacted by a “triple whammy” of coronavirus, oil price crash and LNG oversupply, the consultancy Wood Mackenzie said in a report on Wednesday. “While the collapse of LNG prices towards US production break-evens was foreseeable, the narrative for the rest of
Belgium’s Fluxys said Tuesday that its Zeebrugge liquefied natural gas terminal logged a record number of ship operations during the first quarter of this year. The LNG facility located in the port of Zeebrugge in total conducted 74 ship operations during the quarter with record monthly number of ve
LGM Engineering, formerly known as Gloryholder LGM, has secured a deal to supply an LNG fuel gas supply system to Dalian Shipbuilding Industry (DSIC).
Rolls-Royce has been contracted to supply the gas-shielded propulsion system for two new LNG-powered multi-purpose vessels being built for the German Federal Waterway and Shipping Administration by Abeking & Rasmussen.
Minerva Gas, the Greek LNG carrier owner and operator, has made further progress with its newbuilding program.
The Hague-based energy giant Shell is withdrawing from the planned Lake Charles liquefied natural gas export project in Louisiana. Oil prices have plunged to an 18-year low on Monday due to the effects of the coronavirus pandemic. The Lake Charles LNG export project is a 50-50 joint venture between
Liquefied natural gas (LNG) shipper GasLog said it has launched a newbuild vessel at the South Korean Samsung Heavy Industries shipyard. The LNG carrier named GasLog Georgetown was launched at the Korean yard on March 28, according to GasLog. GasLog says the delivery of the newbuild is expected in O
Lithuania’s Klaipėdos Nafta is temporarily relocating its floating storage and regasification unit (FSRU) Independence while Klaipeda’s port waters are being cleaned. From March 30 to April 5, the FSRU will be moved from the usual location of the LNG terminal near Kiaules Nugara Island while operati
Polish Remontowa Shipbuilding yard, part of Remontowa Holding has laid the keel for the construction of the fourth Salish-class LNG-fueled vessel for BC Ferries. The yard noted that due to the effects of the coronavirus, the event was a technical one taking place without shipowner representatives. R
German LNG Terminal, the joint venture behind the LNG terminal project in Brunsbuettel, Northern Germany, is ready to sign heads of agreements. Speaking to a German business journal, German LNG Terminal spokesperson, Katja Freitag noted the project is attracting strong interest, with Brunsbüttel eme
LNG terminal operator Singapore LNG and six other companies on Monday signed a memorandum of understanding (MOU) to develop ways to use hydrogen as a low-carbon energy source in Singapore. The four Singaporean and two Japanese companies are PSA Corporation, Jurong Port, City Gas, Sembcorp Industries
US company Dominion Energy has completed its acquisition of small-scale liquefied natural gas player Pivotal LNG from utility Southern Company. Dominion now assumes full ownership of Pivotal’s LNG facility in Trussville, Alabama and a 50 per cent stake in the JAX LNG facility in Jacksonville, Florid
US company Dominion Energy said it has completed its acquisition of small-scale liquefied natural gas player Pivotal LNG from utility Southern Company. Dominion now assumes full ownership of Pivotal’s LNG facility in Trussville, Alabama and a 50 per cent stake in the JAX LNG facility in Jacksonville
Liquefied natural gas shipper GasLog said its newbuild HN2274 is starting gas trials at the Samsung Heavy Industries shipyard in South Korea.
