Lng News


Gorgon LNG Export Plant Shuts Third Unit for Maintenance

Nov 15, 2017

Chevron's Gorgon liquefied natural gas (LNG) export facility in Australia shut down its third production unit on Wednesday for a planned maintenance lasting up to Dec. 25, trade sources said. Chevron declined to comment on operational matters…

OSM Crew Management for Lauritzen Kosan Fleet

Nov 13, 2017

Global ship management company OSM Maritime Group said it has been awarded full crew management of Lauritzen Kosan’s entire fleet of liquefied gas tankers, including 26 refrigerated ethylene, semi-refrigerated and pressurised gas carriers. OSM’s…

Teekay’s 1st Arctic LNG Carrier Completes Trial

Nov 12, 2017

Teekay LNG Partners said its first icebreaker liquefied natural gas (LNG) carrier newbuild, Eduard Toll, recently completed gas trials.  Eduard Toll is Teekay’s first of six 172,000 cubic meter ARC7 LNG carrier newbuildings to be constructed for the Yamal LNG project…

TOTE Invests (again) in LNG Conversions

Nov 09, 2017

TOTE Inc., courtesy of being the first in the world to order containerships powered by LNG, have been leaders in the push to design and build tonnage ahead of the emissions regulation curve. The company again makes headline with the announcement…

Shell Charters LNG Bunker Barge in US

Nov 07, 2017

Shell Trading (US) Company announced it has finalized a long-term charter agreement with Q-LNG Transport, LLC for an LNG bunker barge with the capacity to carry 4,000 cubic meters of LNG fuel.   As the first of its kind to be based in the United States…

Wheatstone LNG Facility Exports First Cargo to Japan

Oct 31, 2017

Australia's Wheatstone liquefied natural gas (LNG) project, after starting production earlier this month, has shipped its first export cargo to a buyer in Japan, majority owner and operator Chevron Corp said on Tuesday. Wheatstone is the…

Sojitz Buys Spanish LNG Terminal

Oct 30, 2017

Japan's Sojitz Corporation has acquired full ownership of First State Regasificadora (FSR), subsequently changing the company’s name to Sojitz Regasificadora (SR).   SR owns a 15% stake in Regasificadora del Noroeste (Reganosa), whose assets include the LNG terminal located in Mugardos…

Indian Oil Aims for LNG Import Capacity of 13.5 Mln T in 5 Years

Oct 27, 2017

State-owned Indian Oil Corp Ltd aims to have capacity to import about 13.5 million tonnes of liquefied natural gas (LNG) in five years, its head of business development said on Friday, helping India to gradually move to a gas-based economy. Prime…

GTT Bags Samsung Heavy Order for FSRU

Oct 26, 2017

GTT, leading engineering company in containment systems for the shipping and storage in cryogenic conditions of LNG (liquefied natural gas) announces a new order from South Korean shipyard Samsung Heavy Industries (SHI) regarding a Floating Storage and Regasification Unit (FSRU)…

Wison Inks LNG Tie-up with GTT

Oct 26, 2017

China’s Wison Offshore & Marine has signed a strategic cooperation agreement with GTT, a provider of design and engineering of containment systems for maritime transportation and storage of LNG.  Pursuant to the agreement, both parties will conduct a cooperation work on various LNG projects…

Spot LNG Shiping Fleet's Operating Loss US$230m in 2017

Oct 26, 2017

The pressure on LNG shipping spot rates will continue for another year on account of strong fleet growth. However, rates should strengthen from 2019 as fleet growth slows and trade remains strong, according to the latest edition of the LNG…

Biggest LNG Vessel Sails to Turkey

Oct 25, 2017

The world’s biggest specialized vessel to import liquefied natural gas (LNG)  is scheduled to be operational in November to contribute to Turkey's energy supply security, Bloomberg reported. The MOL FSRU Challenger, as long as the Eiffel Tower…

Nakilat Net Profit Down for the Last Nine Month

Oct 22, 2017

Qatar Gas Transport Company (Nakilat), the largest LNG ship owner in the world, concluded its financial results for the nine-month period ended 30 September 2017, with a net profit of QR 607 million compared to QR 749 million of the same period last year in 2016…

BP’s LNG Carrier Fleet is Growing

Oct 19, 2017

BP said it will take delivery of six new, state-of-the-art liquefied natural gas (LNG) tankers in 2018 and 2019 to support its expanding global LNG portfolio. BP’s finance partners KMarin and ICBC Leasing are investing more than $1 billion in the tankers…

Wood Wins LNG Platform FEED Contract

Oct 17, 2017

The Honghua Group Limited has awarded a $12 million front-end engineering design (FEED) contract to Wood for its liquefied natural gas (LNG) platform development in the West Delta area of the Gulf of Mexico. The main objective of the FEED…

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