Gas Carriers News

 

US LNG Exports Through Panama Canal Shrink, Asia-Europe Spreads Widen

Dec 08, 2023

The number of U.S. liquefied natural gas (LNG) vessels transiting the Panama Canal to Asia halved in November compared with a year ago as Asia prices for the gas this week traded at their steepest premium to European prices in nearly two years.A severe drought has cut vessel traffic through the canal, increasing costs for shippers that take alternative routes or pay extra fees for auctioned slots in Panama…

Russia Planning New Sea Terminal for LPG Exports to Asia

May 22, 2024

Russia will likely open its first liquefied petroleum gas (LPG) terminal on the Pacific Ocean coast with joint investments from China by the end of 2025, two industry sources said on Wednesday.Last week, Russian Direct Investment Fund (RDIF)…

US LNG Exports Slip in August

Sep 01, 2023

U.S. exports of liquefied natural gas (LNG) fell in August as some processing plants reduced output and a heat wave increased gas demand for power, leaving less gas available for LNG production, according to vessel monitoring data and analysts…

Vessel Seeks Other Port on Expected Freeport LNG Delay

Jan 19, 2023

At least one liquefied natural gas (LNG) vessel gave up on Freeport LNG's export plant in Texas by Thursday after a growing number of analysts and other sources said the facility would likely not exit its seven-month outage until February or later…

Gas Starts to Flow to Freeport LNG Export Plant

Jan 17, 2023

Freeport LNG's long-shut liquefied natural gas (LNG) export plant in Texas started receiving pipeline natural gas over the long U.S. Martin Luther King Jr holiday weekend, according to Refinitiv data.U.S. LNG exports have been steadily increasing for years and Freeport…

US Poised to Regain Crown as World's Top LNG Exporter

Jan 04, 2023

The United States is on track to become the world's biggest exporter of liquefied natural gas (LNG) this year - ahead of current market leader Australia - once a fire-idled Texas plant is restarted, according to Reuters data.A June fire sidelined Freeport LNG…

Trinidad Designing LNG Hub to Feed the Caribbean

Oct 27, 2022

Trinidad and Tobago's state-owned gas company has started work on designing a small-scale liquefied natural gas (LNG) hub that could help the Caribbean move away from oil-based power generation, the firm told Reuters.Trinidad is Latin America's largest LNG exporter and the project…

Greece's Sole LNG Terminal Ramps Up Imports to Replace Russian Gas

Sep 23, 2022

Greece has cut Russian gas imports by more than half this year thanks to increased deliveries from other producers to its sole liquefied natural gas (LNG) terminal near Athens, the country's gas grid operator said on Thursday.Greece has relied…

Italy Must Increase LNG Capacity in 2023, Eni CEO Says

Sep 14, 2022

Italy must increase its liquefied natural gas (LNG) import capacity from next year, energy group Eni's chief executive said on Wednesday.Italy has already secured additional gas imports from Algeria and Norway to make up for a fall in supplies from Russia…

Canada Sees West Coast LNG Revival as World Scrambles for Gas

Aug 29, 2022

Canada is taking a second crack at developing a liquefied natural gas (LNG) export industry on its west coast a decade after soaring costs and indigenous opposition derailed a previous wave of proposed LNG terminals.This time, companies are…

Revell Takes the Helm at SIGTTO

Aug 04, 2022

The Society of International Gas Tanker and Terminal Operators (SIGTTO) has appointed Ian Revell as its new Chief Executive Officer & General Manager, in succession to Capt. Andrew Clifton.SIGTTO President, Steffen Jacobson, said, “I am very…

US Regulator to Allow Freeport LNG to Resume Partial Operations in October

Aug 03, 2022

The second-largest U.S. liquefied natural gas (LNG) exporter on Wednesday said it reached an agreement with a federal regulator that will allow it to resume some operations at its Quintana, Texas, plant in October.Freeport LNG shut the plant…

Freeport LNG Targets Year End for Full Operations After Fire

Jun 14, 2022

Freeport LNG, one of the largest operators of liquefied natural gas export plants in the United States,on Tuesday said last week's fire damage to its Texas plant would keep it fully offline until September with only partial operation through to the year end…

Suez Canal to Reduce Rebates on Tolls for LNG Carriers

Dec 21, 2021

Egypt's Suez Canal will reduce rebates on canal tolls for liquefied natural gas carriers from Jan. 1 till June 30, the canal authority said in a circular published on its website on Tuesday.The rebates to LNG tankers operating between the American Gulf…

Cheniere Asks for More Time to Build Texas Corpus LNG Expansion

Dec 09, 2021

Top U.S. liquefied natural gas (LNG) exporter Cheniere Energy Inc asked federal regulators to extend the amount of time it has to build the proposed Stage 3 expansion at its Corpus Christi LNG export plant in Texas due to pandemic delays.When the U…

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