Lng News


TOTE Inks LNG Supply Deal

Jan 06, 2015

Partnership represents the start of LNG adoption as a marine fuel in the United States. Pivotal LNG, Inc., a wholly owned subsidiary of AGL Resources Inc., and WesPac Midstream LLC have signed a long-term agreement with TOTE, Inc. to provide…

Magnolia Inks Deal with KBR

Jan 05, 2015

Magnolia LNG LLC (MLNG), wholly owned subsidiary of Liquefied Natural Gas Limited executed a Technical Services Agreement (TSA) with Kellogg Brown & Root LLC, a wholly owned subsidiary of KBR, Inc. (KBR) to undertake cost verification and provide other services supporting MLNG project delivery…

Teekay LNG Partners' Cash Distribution Up by 1.2%

Jan 03, 2015

Teekay GP LLC, the general partner of Teekay LNG Partners L.P. has declared a cash distribution of $0.70 per unit for the quarter ended December 31, 2014, an increase of 1.2 percent over the cash distribution of $0.6918 per unit for the quarter ended September 30…

Gazprom Buys 50% Shares in South Stream Transport

Dec 31, 2014

Gazprom entered into agreements today with Eni, Wintershall and EDF on purchasing 50 per cent of total shares in South Stream Transport from them.The deals with the minority shareholders of South Stream Transport were previously agreed on by the Gazprom Board of Directors.

Magnolia LNG Project Progress with FERC

Dec 31, 2014

Liquefied Natural Gas Limited w ishes to provide an update on the status of Information Requests from the United States Federal Energy Regulatory Commission (FERC) in relation to the Company’s wholly owned subsidiary, Magnolia LNG LLC (MLNG)…

BG loads First QCLNG Cargo

Dec 29, 2014

BG Group today announced that it has been loading the first cargo of LNG from its Queensland Curtis LNG (QCLNG) facility since 28 December. The vessel being loaded is the Methane Rita Andrea. The second cargo of LNG from the facility will…

Ithaca Gets New COO

Dec 25, 2014

Ithaca Energy Inc. announced the appointment of Mr Roy Buchan as Chief Operations Officer, starting 5 January 2015.Mr Buchan has over 30 years of operational experience in the oil and gas industry. He has held various technical and senior…

North West Shelf to Process 3rd Party Gas

Dec 24, 2014

Woodside, as operator of the North West Shelf (NWS) Project, informed that the NWS Project participants today signed a non-binding Letter of Intent with Hess Exploration Australia Pty Ltd to process resources from Hess’ permits in the Carnarvon Basin…

GasLog Ltd. to Buy 2 LNG Vessels

Dec 23, 2014

GasLog Ltd. has entered into an agreement with Methane Services Ltd. an affiliate of BG Group, to acquire two modern tri-fuel diesel electric LNG carriers for a cost of $460 million. The two vessels, Methane Becki Anne and Methane Julia Louise…

US Fleet to Pump $75m into Great Lakes Shipyards

Dec 22, 2014

U.S.-flag Great Lakes vessel operators plan to spend $75 million this winter to ready the fleet for the 2015 shipping season, the Lake Carriers’ Association (LCA) reported. One vessel is already in drydock undergoing the out-of-water hull inspection required by U…

Wärtsilä to Proceed with first LNG Terminal

Dec 19, 2014

Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a liquefied natural gas (LNG) import terminal in Tornio, Northern Finland. Wärtsilä will commence construction on the site near the port of Tornio in January 2015…

Cheniere to Sell LNG from Corpus Christi to Portugal

Dec 19, 2014

Cheniere Energy, Inc announced today that its subsidiary, Corpus Christi Liquefaction, LLC  has entered into a liquefied natural gas ('LNG') sale and purchase agreement ('SPA') with EDP Energias de Portugal S.A. ('EDP') under which EDP has agreed to purchase approximately 0…

DONG Energy Appoints CEO for E&P

Dec 16, 2014

Søren Gath Hansen will step down as Group Executive Vice President and CEO for E&P. His successor is David B. Cook who comes from a position as Executive Officer and Head of Oil & Gas at the Abu Dhabi National Energy Company, TAQA. Søren…

MARAD Considers Deepwater O&G Exports

Dec 15, 2014

A U.S. agency is considering how the country could export crude oil and natural gas from deepwater ports as the domestic drilling boom adds pressure for Washington to relax trade restrictions and approve shipments of fuel. The U.S. Maritime Administration…

IACS Holds Council Meeting

Dec 12, 2014

The International Association of Classification Societies chaired by Philippe Donche-Gay of BV held its December Council meeting yesterday in London. The flagship Common Structural Rules project for bulk carriers and oil tankers was discussed…

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