Lng News


Canada LNG Import on Indian Menu

Jul 10, 2015

India is considering importing liquefied natural gas from Canada towards meeting its requirements, the petroleum ministry said. Petroleum Minister Dharmendra Pradhan met Canadian Natural Resources Minister Greg Rickford to discuss enhancing energy cooperation between the two countries…

Egypt, Russia Pact for LNG Shipments

Jul 08, 2015

The Egyptian Natural Gas Holding Company (EGAS) signed an initial agreement with Russian company Rosneft to supply oil products and liquefied natural gas (LNG) shipments. The document defines key terms of the future cooperation between the companies in the area of LNG supplies…

HHI, GE Win AIP for Gas Turbine-powered Carrier

Jul 08, 2015

Hyundai Heavy Industries announced today that the company has jointly developed world’s first gas turbine-powered 174,000 m3 LNG carrier with GE Aviation and Marine (GE), a leading industrial gas turbine maker, and has secured Approval in…

First Gas Turbine-powered LNG Carrier Granted AIP

Jul 07, 2015

Hyundai Heavy Industries (HHI) announced it has jointly developed world’s first gas turbine-powered 174,000 m3 LNG carrier with GE Aviation and Marine and has secured Approval in Principle (AIP) on the vessel from the U.K.-based Lloyd’s Register…

Japan's MHI Bags Indian Oil's LNG Storage Tank Contract

Jul 07, 2015

Indian Oil Corp (IOC) has awarded a contract to build two football stadium-sized liquefied natural gas (LNG) storage tanks at its upcoming Ennore LNG import terminal in Tamil Nadu to Mitsubishi Heavy Industries Pvt Ltd (MHI) of Japan. 'We have received an EPC (engineering…

Gazprom, Gasunie Sign Framework Agreement - LNG

Jul 07, 2015

At a Meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Han Fennema, CEO and Chairman of the Executive Board of Gasunie a Framework Agreement on cooperation in the area of small scale LNG was signed by the two parties…

CNOOC Acquires Asia's 1st LNG Powered Tug

Jul 04, 2015

China National Offshore Oil Corporation (CNOOC) has taken delivery of Asia’s first tugboat Hai Yang Shi You 525, designed to operate solely on liquefied natural gas as ship’s fuel.Hai Yang Shi You 525, the first of two tugs built by the Zhenjiang shipyard for CNOOC…

Litgas, Statoil JV to Develop Baltic Sea LNG

Jul 03, 2015

Natural gas supply and trading company Litgas, part of Lithuania's state owned energy holding Lietuvos Energija, and Statoil, leading global energy company in oil and gas production, signed a memorandum of understanding (MoU) on July 2nd in Vilnius…

Port Gothenburg Offering LNG

Jul 03, 2015

Ships running on liquefied natural gas (LNG) are going to be able to bunker at the Port of Gothenburg, as new regulations for LNG bunkering have been introduced by the Gothenburg Port Authority in collaboration with the Port of Rotterdam and the Swedish Transport Agency…

FLEX Acquires LNG Assets from EXMAR

Jul 01, 2015

Nicolas Saverys-led Exmar has agreed to integrate its LNG assets and infrastructure with those of John Fredriksen’s Geveran and Flex LNG under a new USD 2.3 billion company – Exmar LNG Ltd. Belgian liquefied natural gas (LNG) carrier owner…

Union: Workers Need Care as Renewables Replace Fossil Fuels

Jun 29, 2015

Coal, oil and gas workers need a secure future as the world moves away from fossil fuel use, and governments and companies must plan to ensure any new global climate change deal is fair for all those impacted, a top trade unionist said.So…

Cheniere’s Maiden LNG Spot Deal At $7.20/MMBtu

Jun 29, 2015

Cheniere concluded its maiden LNG spot trade earlier this week at for late-July delivery to an Asian buyer, reports Platts quoting a source with direct knowledge of the deal. Sources told Platts that the maiden trade was completed at $7…

Panama Canal Plans LNG Terminal

Jun 27, 2015

The Panama Canal Authority (ACP), which administers the canal, is looking at building a Liquefied Natural Gas (LNG) import terminal near the Canal. The ACP has been awarded a US Trade and Development Agency grant to help fund a feasibility study for the project…

BAM Completes LNG Terminal in Aqaba, Jordan

Jun 26, 2015

BAM International has completed its €65 million project to construct the Aqaba LNG terminal for Aqaba Development Corp. (ADC).  The operating company of Royal BAM Group handed over the project on 23 June, two months ahead of schedule. The…

Gasum, Anthony Veder Pact for a New LNG Carrier

Jun 26, 2015

Finnish natural gas importer Gasum and Dutch gas tanker ship-owner Anthony Veder have signed an agreement for a long term time charter of a new ICE Class 1A Super LNG carrier.  The companies have agreed on a long term timecharter for a state of the art 18…

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