Lng News

 

Developer Seeks Permit to Process US Gas in Mexico

May 21, 2024

A Mexican energy developer is seeking U.S. permission to export gas to Mexico, turn it into liquefied natural gas (LNG) and send it to countries with U.S. free-trade agreements, its filing with the U.S. Department of Energy showed.Mexico-based…

McDermott’s Subsidiary Grabs Marsa LNG Job Worth Up To $250M

May 08, 2024

CB&I, a wholly owned subsidiary of McDermott, has been awarded a significant contract by TotalEnergies and OQ joint venture for the engineering, procurement, construction (EPC) of a full containment concrete liquefied natural gas (LNG) storage tank…

US LNG Exports Fall for Fourth Straight Month

May 01, 2024

U.S. exports of liquefied natural gas (LNG) fell for a fourth consecutive month to 6.19 million metric tons in April from 7.61 million in March on production outages, preliminary data from financial firm LSEG showed on Wednesday.Recurring mechanical problems have hit Freeport LNG…

Energy Transition: LNG Prices Plummet, Dual-fuel LNG Newbuilds Rise

Apr 24, 2024

Demand for liquefied natural gas (LNG) to power ships will rise this year on attractive prices, while more dual-fuel vessels join the global fleet. Prices of LNG delivered as marine fuel at the world's largest bunker hub Singapore are at steep…

First LNG Bunkering Performed at Klaipeda Port

Apr 11, 2024

The first ship-to-ship liquefied natural gas (LNG) bunkering operation was performed in Lithuania's Port of Klaipeda. LNG tanker Avenir Aspiration bunkered 326 cubic meters of liquified natural gas to a 170-meter length CMA CGM container vessel Containerships Aurora on April 9…

VTTI to Control Italy's Biggest LNG Terminal, Snam to Get 30%

Apr 03, 2024

Energy storage group VTTI will get a 70% stake in Italy's biggest liquefied natural gas (LNG) terminal, with grid operator Snam owning the rest, the Milan-listed group said on Wednesday, announcing a deal to be finalised by year-end.Snam, which is controlled by the Italian government…

Gazprom Uses Replacement Vessel to Maintain Gas Loadings

Apr 01, 2024

Russia's Gazprom is using a replacement vessel for ship-to-ship loadings (STS) of liquefied natural gas from its Portovaya LNG plant on the Baltic Sea while another ship is repaired, LSEG data showed on Monday.The floating storage and regasification…

Exxon Mobil Continues to Ramp Up LNG Portfolio

Mar 22, 2024

Exxon Mobil is ahead of schedule with its plan to double the size of its liquefied natural gas (LNG) portfolio to 40 million tons per annum (mtpa) by 2030 and will focus on selling its own gas rather than trading that of third parties, said Peter Clarke…

Venture Global LNG to Buy Fleet of LNG Vessels

Mar 17, 2024

Venture Global LNG said on Sunday it would acquire a fleet of nine liquefied natural gas (LNG) transport vessels, expanding its ability to sell and ship its own cargoes.Venture Global LNG has exported hundreds of cargoes since it started liquefying…

Germany's Stade LNG Terminal to Receive First FSRU on March 15

Mar 14, 2024

Germany's liquefied natural gas (LNG) terminal in the Elbe River port of Stade expects its first floating regasification vessel (FSRU) to arrive early on Friday, the state-appointed manager of regasification terminals, said on Thursday.Germany…

NextDecade Targets Train 4 FID at Texas LNG Facility in H2 2024

Mar 11, 2024

NextDecade said on Monday it was targeting a final investment decision (FID) and plans to start construction of the fourth liquefaction train at its Rio Grande liquefied natural gas (LNG) facility in Texas by the second half of 2024.The Rio…

OpEd: Focusing on Green Fuels Takes the Focus Off Shipping's Major Problems

Mar 11, 2024

Shipyard order books show that more and more ships are being built that can run on methanol or liquified natural gas (LNG). Major shipping companies are investing in green fuels for their fleets, and researchers around the world are working…

Congo’s First LNG Cargo to Set Sail in Coming Days

Feb 27, 2024

The first LNG cargo from Eni's Congo LNG project is currently being loaded and will sail to Piombino’s regasification terminal in Italy in the coming days.With the first cargo, the Republic of the Congo enters the group of LNG exporting countries…

First LNG Carrier Arrives at New German Mukran Terminal

Feb 24, 2024

The first vessel carrying LNG for Germany's Baltic Sea terminal of Mukran arrived on Saturday for a test operation as the country steps up its quest to replace Russian pipeline gas.Private company Deutsche ReGas said that Energos Power, a floating storage and regasification unit (FSRU)…

ZIM Names Trio of LNG Containerships

Feb 23, 2024

The naming ceremonies of three new vessels joining ZIM’s fleet were held in Korea and China this week for ZIM Integrated Shipping Services, continuing ZIM’s widescale fleet renovation.The naming ceremony of Zim Mount Elbrus and Zim Mount Vinson…

Logistics News

EU Wheat Prices Drop 6% as Ukraine Discusses Shipping Protections

EU Wheat Prices Drop 6% as Ukraine Discusses Shipping Protections

US Begins Importing Iraqi Oil Through Syria

US Begins Importing Iraqi Oil Through Syria

Aramco Offers Additional Crude Cargoes Amidst Houthi Threats

Aramco Offers Additional Crude Cargoes Amidst Houthi Threats

Shipowners Pause Vessel Deliveries to Ukraine's Black Sea Ports

Shipowners Pause Vessel Deliveries to Ukraine's Black Sea Ports

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