The floating liquefied natural gas (LNG) terminal chartered by Finland to replace Russian gas is scheduled to arrive at Inkoo port west of Helsinki on Dec. 26, Refinitiv Eikon data showed on Tuesday. Finland has agreed a 10-year charter for…
As demand grows for liquefied natural gas in Europe in the wake of the war in Ukraine, Greece has relied heavily on its sole LNG terminal off Athens to replace Russian gas imports.Now it is looking to build new floating storage and regasification units (FSRUs) that could be operational by 2024…
The region of Tuscany has asked for hundreds of millions of euros in investments in exchange for allowing a new liquefied natural gas (LNG) terminal in the Tuscan port of Piombino, the Italian region said.In a statement on Monday, the region's administration said it had approved the new terminal…
Italy's commissioner for the set up of a new regasification terminal is confident the infrastructure could get the green light by the end of October, in time for extending the country's LNG capacity at the beginning of 2023.Under the government's energy plan…
The first ship to bring a cargo of liquefied natural gas (LNG) to a new terminal at the Dutch port of Eemshaven has docked and has started the unloading process, the gas grid operator said on Thursday, part of Europe's bid to cut reliance on Russian gas…
Oslo-listed LNG FSRU specialist Höegh LNG has appointed Erik Nyheim as the new President & CEO, effective from mid-August this year.Nyheim comes from the position as Partner of Boston Consulting Group's Norwegian office where he has successfully led their maritime practice since 2019…
Mitsubishi Shipbuilding Co., in a joint effort with Mitsui O.S.K. Lines, Ltd. (MOL), completed a conceptual study on a floating storage and regasification unit (FSRU) for ammonia, a study is aimed at promoting the use of ammonia as an energy source and the introduction of the ammonia FSRU globally…
Lithuania is seeking alternative bids from providers of floating liquefied natural gas (LNG) terminals to potentially replace its existing import terminal, operator Klaipedos Nafta said on Friday.The Baltic state leases a floating storage and…
Excelerate Energy announced it has agreed with partner Engro Elengy Terminal Ltd. (EETL) to expand the EETL liquefied natural gas (LNG) import terminal in Port Qasim, Pakistan.Under the heads of agreement (HOA), Excelerate will exchange its…
The global search for lower carbon forms of energy and demand for cost-effective ways to serve power demand in emerging markets and remote locations is driving interest in floating storage and regasification units (FSRU).FSRUs are a faster and…
Political instability and low credit ratings in emerging economies are putting some shipowners off ordering new floating storage and regasification units (FSRUs), as they shift focus to more mature gas markets.Liquefied natural gas (LNG) demand from emerging markets in Asia…
Lithuania has given the go ahead to state-owned Klaipedos Nafta to purchase a liquefied natural gas (LNG) storage vessel by late 2024, as it shores up energy supplies and reduces its reliance on Russian natural gas.Klaipedos Nafta is currently…
Mitsui OSK Lines to own, fund FSRU in Wilhelmshaven; FSRU could be operational in H2 2022.Energy group Uniper on Monday entered agreements with Japanese shipping group Mitsui OSK Lines to handle potential deliveries of liquefied natural (LNG) gas into Germany…
A South Korea-based company has proposed building a terminal on Australia's east coast to import liquefied natural gas, the fifth proposal for such a project in the world's No.2 LNG exporter.The proposals have come after three new LNG export…
The European Commission approved on Wednesday new government support terms to the liquefied natural gas (LNG) terminal at the Klaipeda seaport, after the Lithuanian authorities changed some of the conditions it got approval for already in 2013…