LNG

NOVATEK, Mitsui and JOGMEC Sign Sale Agreement for Arctic LNG 2 Stake

Osaka, 29 June 2019.  Today, in the presence of the President of Russian Federation Vladimir Putin, and the Prime Minister of Japan Shinzo Abe, PAO NOVATEK (“NOVATEK” and/or the “Company”) and the consortium of Mitsui & Co (“Mitsui”) and Japan Oil, Gas and Metals National Corporation (“JOGMEC”) signed the Sales and Purchase Agreement (“Agreement”) to purchase a 10% participation interest in

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Venture Global LNG Raises $675 Million of Additional Capital

JUNE 27, 2019VENTURE GLOBAL LNG RAISES $675 MILLION OF ADDITIONAL CAPITAL Arlington, Virginia – Venture Global LNG, Inc. announces that it has raised $675 million of additional capital from world-class institutional investors.  The capital will be used primarily for the further development of the company’s 20 million tonnes per annum (MTPA) Plaquemines LNG export project in Plaquemines Parish, Louisiana.  In addition

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NOVATEK and Vitol Sign Agreement on LNG Supply from Arctic LNG 2

Moscow, 2 April 2019. During the 19th International Conference & Exhibition on Liquefied Natural Gas (“LNG2019”) in Shanghai, Novatek Gas&Power Asia, a trading subsidiary of PAO NOVATEK (“NOVATEK” and/or the “Company”) and Vitol S.A. (“Vitol”) announced signing of Heads of Agreement (“Agreement”) for the supply of LNG. The Agreement envisages concluding a 15-year contract with annual supply of one (1) million tons

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NOVATEK and Repsol Sign Heads of Agreement for LNG Supply from Arctic LNG 2

Moscow, 2 April 2019. Today, Novatek Gas&Power Asia, a trading subsidiary of PAO NOVATEK (“NOVATEK” and/or the “Company”) announced at the International Conference & Exhibition on Liquefied Natural Gas in Shanghai, that it has signed a non-binding Heads of Agreement for the supply of LNG with Repsol. The Heads of Agreement envisages concluding a 15-year contract with annual supply of one

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Trinidad and Tobago’s Atlantic LNG hits 4,000th cargo milestone

18 March, 2019 Atlantic LNG shipped its 4,000th cargo of liquefied natural gas (LNG) from Point Fortin in south-west Trinidad on 16 March. The company was incorporated in 1995 to develop a natural gas liquefaction plant in Point Fortin. Its Point Fortin facilities feature a four-train liquefaction facility with a total capacity of 15m tonnes per annum. The EIC is

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Anadarko Announces LNG Sale and Purchase Agreement with Pertamina

HOUSTON, Feb. 19, 2019 /PRNewswire/ — Anadarko Petroleum Corporation (NYSE: APC) today announced Mozambique LNG1 Company Pte. Ltd., the jointly owned sales entity of the Mozambique Area 1 co-venturers, has signed a Sale and Purchase Agreement (SPA) with Pertamina. The SPA is for 1 million tonnes per annum (MTPA) for a term of 20 years. “Indonesia is expected to be one of the fastest growing natural gas markets

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Board of Directors reviews prospects of LNG bunkering market

December 25, 2018 Board of DirectorsIR releasesLNG The Gazprom Board of Directors reviewed the information about the prospects of the liquefied natural gas (LNG) bunkering market and the Company’s ongoing efforts in this regard. It was noted that increased use of LNG as a bunker fuel was related to the restrictions imposed by the International Convention for the Prevention of Pollution from Ships (MARPOL). Starting from 2015, the maximum allowable concentration of sulfur in marine fuel was reduced

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Increased LNG Exports Boost U.S. Economy & Benefit Consumers, Says New DOE Study

WASHINGTON, June 13, 2018 – API welcomed a recent study, commissioned by the Department of Energy, confirming the benefits that increased exports of liquefied natural gas (LNG) would bring to the U.S. economy and consumers across the country. “This report further confirms that increasing exports of American natural gas will benefit the U.S. economy and benefit consumers,” said API Market

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PETRONS completes its first LNG break sulking ship-to-ship transfer

Labuan, 13 June – PETRONAS through its subsidiary, PETRONAS LNG Ltd. (PLL) has successfully delivered its liquefied natural gas (LNG) cargo through its maiden break bulking ship-to-ship (STS) transfer in Brunei Bay, as part of its latest offering as a global LNG portfolio solutions provider. The cargo from Malaysia LNG Sdn Bhd (MLNG), Bintulu was transferred from the ‘mother’ vessel,

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AiP of LNG dual-fuelled 210K DWT bulk carrier design.

06 Jun 2018 Presentation of the Approval in Principle (AiP) to Shanghai Waigaoqiao Shipbuilding Co., Ltd (SWS) was made in a ceremony at the LR stand, 4.201, at Posidonia 2018. SWS and LR have agreed to jointly develop an LNG dual-fuelled Newcastlemax 210K DWT bulk carrier design. SWS produced the design and updated it to incorporate LNG propulsion, based on

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Golar LNG :FLNG Hilli Episeyo – Customer Acceptance

04 June, 2018 Golar LNG Limited confirms today that that FLNG Hilli Episeyo has been accepted under its Liquefaction Tolling Agreement with Perenco Cameroon SA and Societe Nationale Des Hydrocarbures and is now in full commercial operation. The commissioning tests included the requirement to produce a set quantity of LNG in a period of 16 days of continuous production from

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Gazprom to purchase 24 LNG-powered locomotives from Sinara Group

May 25, 2018, 15:20 Vyacheslav Tyurin, Director General of Gazpromtrans, and Viktor Lesh, Director General of Sinara-Transport Machines and STM Trading House, today signed an Agreement at the St. Petersburg International Economic Forum 2018. The Agreement provides for batch production, supply and maintenance of gas-powered locomotives in the amount equal to guaranteed future purchases. The document was signed in the presence of Alexey Miller, Chairman of the Gazprom Management Committee. In accordance

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PETRONAS Successfully sells its first LNG Cargo through an online trading platform

25/5/2018 PETRONAS through its subsidiary, PETRONAS LNG Ltd. (PLL) achieved another significant milestone by selling its liquefied natural gas (LNG) cargo for the first time through an online trading platform, GLX. The GLX online platform is a global marketplace to trade physical cargoes of LNG for the sale and purchase of LNG, with GLX members comprising of more than 40 of

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Gazprom and Shell continuing joint work on Baltic LNG project

May 25, 2018, 14:00 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ben van Beurden, Chief Executive Officer of Royal Dutch Shell, took place today at the St. Petersburg International Economic Forum 2018. Alexey Miller Enlarged photo (JPG, 489.9 KB) The meeting participants discussed topical issues of strategic cooperation. Particular attention was paid to interaction in the area of liquefied natural gas, including a joint feasibility

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Petronas Delivers First LNG Cargo to Hokuriku Electric

3/4/2018 PETRONAS through its subsidiary, Malaysia LNG Sdn Bhd (MLNG) successfully delivered its first liquefied natural gas (LNG) to Japan’s Hokuriku Electric Power Company (Hokuriku Electric) on 17 March 2018. The delivery marks the beginning of MLNG’s supply to Hokuriku Electric via a Sale and Purchase agreement (SPA) signed on 6 December 2016. Under the terms of the agreement, PETRONAS

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INPEX to Commence Pre-FEED for Abadi LNG Project, the Masela Block, Indonesia

Public Relations Group, Corporate Communications Unit Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo 107-6332 JAPAN March 30, 2018 INPEX to Commence Pre-FEED for Abadi LNG Project, the Masela Block, Indonesia TOKYO, JAPAN – INPEX CORPORATION (INPEX) today announced that it is set to commence Pre-FEED work for the Abadi onshore LNG Project, the Masela Block, located in the Arafura Sea

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INPEX-operated Ichthys LNG Project Announces Production Startup Preparation Status for Key Facilities, Updates Schedule

March 26, 2018 TOKYO, JAPAN – INPEX CORPORATION (INPEX) announced today that the necessary commissioning of the INPEX-operated Ichthys LNG Project’s (the Project) first train (natural gas liquefaction facility) at the onshore gas liquefaction plant, Floating Production Storage and Offloading (FPSO) facility (Ichthys Venturer) and subsea production systems has been completed in view of readiness for production startup. The Project has already completed drilling

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DNV GL opens LNG test centre to enable safer and more efficient use of LNG

The LNG test centre, located in Groningen, the Netherlands, will enable safer and more efficient use of LNG by supporting stakeholders across the value chain with operational experience and intelligence in addressing the large variations in the properties, density and calorific values among LNG sources globally. The facility, at the organization’s existing renewable energy technology and gas laboratory site is

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LPG as fuel for new VLGCs

06 Mar 2018 SUSTAINABILITY MARINE & SHIPPING EXMAR pioneer innovative solution to address increasingly stringent emission restrictions EXMAR has announced two new very large gas carriers (VLGCs) that will use LPG as their main engine fuel, to be built to LR class by Hanjin Heavy Industries & Construction Philippines. The vessels are scheduled for delivery in the third quarter of

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