Lng News


Koryakin to Head Gazprom Dobycha Urengoy

Oct 11, 2015

Alexander Koryakin is appointed Director General of Gazprom Dobycha Urengoy.Alexander Koryakin was born in Chelyabinsk in 1968. He graduated from Perm Polytechnic Institute in 1992, majoring in Oil and Gas Field Development. Alexander Koryakin has an MBA degree…

Teekay Veteran Glendinning to Retire

Oct 09, 2015

Long-time Teekay leader David Glendinning, president of Teekay Gas Services, will retire December 17, 2015, after more than 28 years at Teekay. Stepping up to replace Glendinning is Mark Kremin, currently vice president in the same division…

Wärtsilä 31 Engine for Aker ARC 124 Icebreaker

Oct 09, 2015

The recently introduced Wärtsilä 31 engine, which has been acknowledged by Guinness World Records as being the world's most efficient four-stroke diesel engine, has been selected to power a new generation icebreaker currently under construction at the PJSC Vyborg Shipyard…

Eni's Former Trading Head Leaves Company

Oct 07, 2015

The former head of trading at Italy's Eni, Marco Alvera, has left the company after 10 years of service, a spokeswoman for the oil major said on Wednesday. The 40-year-old Alvera, who joined Eni in 2005, left Eni on September 30, the spokeswoman told Reuters…

LNG Tanker Smash Sinks Cargo Ship

Oct 07, 2015

The 2002-built, 8,850-dwt freighter Flinterstar is owned by Dutch shipping firm Flinter has sank after colliding nearly head on with the Marshall Islands-flagged LNG carrier Al-Oraiq in the North Sea off Belgium on Tuesday morning. The both vessel were in opposite directions…

Finland Scraps LNG Terminal Plan

Oct 06, 2015

Finnish gas utility Gasum has abandoned its plans to build the Finngulf liquefied natural gas  (LNG) import terminal in Finland with an offshore pipeline connection (known as Balticconnector) to Estonia, reports Reuters. “On the basis of the studies Gasum has conducted…

Epic Gas Secured Credit Facility for 7 Newbuilds

Oct 02, 2015

Epic Gas Ltd has closed a new USD 120 million post-delivery senior secured credit facility to finance its remaining seven owned vessels under construction. The facility covers approximately 65% of the contract price of the vessels, and has been closed in partnership with Coordinator…

Qatar – World's Biggest LNG Exporter

Sep 29, 2015

Qatar has retained the crown of the biggest exporters of natural gas and the biggest exporter of liquid gas or LNG in the world, reports The Peninsula. The country exported nearly 77 million tonnes (MT) of Liquefied Natural Gas (LNG) in 2014 which was approximately one-third of global supply…

LNG Cement Carrier Greenland Ready for Launching

Sep 29, 2015

LNG-powered M.V. Greenland, a dedicated cement carrier, will be launched on October 31 at Ferus Smit Westerbroek Yard in the Netherlands. The vessel will be one of the first ever dry cargo vessels with an LNG fuelled propulsion system.…

First Gen Set to Build LNG Terminal

Sep 28, 2015

First Gen Corp. hopes to secure a partner for its planned $1-billion liquefied natural gas (LNG) import terminal in Batangas this year as the company gears up for the project’s construction phase in 2016, reports local media. The Lopez…

EC Approves Aid for Finland's First LNG Terminal

Sep 24, 2015

The European Commission has approved under EU state aid rules Finland's plans to grant €23 million to construct a small scale LNG terminal at Pori on Finland's west coast. The European Commission has concluded that Finland's plans to grant…

Changes in Swire Pacific's Top Deck

Sep 22, 2015

Swire Pacific Offshore (SPO) announces a change in leadership with the appointment of a new Managing Director in Singapore. Mr Ron Mathison has taken over the helm as the new Managing Director on Monday, 21st September 2015.  Mr Mathison…

Cheniere to Ship LNG Cargoes to France

Sep 22, 2015

Cheniere Energy agrees to send 24 cargoes of liquefied natural gas (LNG), or 89T BTUs, from its Sabine Pass Terminal in Louisiana in 2017 and 2018 to French state-controlled power utility  Electricite de France (EDF), its second deal in two…

Sinotrans to Build Five Arctic LNG Carriers

Sep 22, 2015

Sinotrans Shipping, one of China’s largest shipping companies, is in negotiations to take part in a joint venture to commission the building of five Arctic LNG carriers, says the company's stock market announcement. The company said in…

Cheniere to Sell 24 LNG Cargoes to EDF

Sep 21, 2015

U.S. liquefied natural gas (LNG) exporter Cheniere Energy announced on Monday a deal to sell up to 24 cargoes to French energy giant EDF from 2017 through 2018.Under the deal, the sales price of the shipments will be linked to the Title Transfer Facility (TTF) in the Netherlands…

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