Lng News

 

Golar LNG Secures Charters for Carrier Duo

Jan 19, 2015

Golar LNG announced today that it has been awarded 2 time charters by Nigeria LNG Ltd ('NLNG') to employ the recently delivered Golar Frost and Golar Crystal. Employment of both vessels under these contracts will commence in January 2015…

Magnolia LNG Update on Progress with FERC

Jan 12, 2015

Liquefied Natural Gas Limited wishes 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)…

Panama Canal Inks Deal with Lake Charles Port

Jan 12, 2015

The Panama Canal Authority (ACP) signed a cooperation agreement with the Port of Lake Charles in Louisiana earlier this week, which aims to attract new customers from the liquefied natural gas (LNG) industry; a strategy that builds upon the advantages that the expanded Canal will offer…

Supertankers Buying Spree to Beat Oil Glut

Jan 12, 2015

Some of the world’s largest oil traders are reportedly hiring supertankers in a possible attempt to stockpile oil supplies following the plunge in world prices. Trading firms including Vitol, Trafigura and energy major Shell have all booked crude tankers for up to 12 months…

New Trans Adriatic Pipeline MD is Ian Bradshaw

Jan 07, 2015

Trans Adriatic Pipeline (TAP), the 870 km (540.59 miles) pipeline set to bring gas from Azerbaijan to Europe, has appointed BG executive Ian Bradshaw as new Managing Director to replace departing Kjetil Tungland.Bradshaw, who will take up his new position on Feb…

India's GAIL Postpones LNG Tender; No Takers

Jan 07, 2015

The state-owned gas utility GAIL (India) has postponed the tender date for its $7.6 billion newly built LNG ships for the third time as it did find any takers. The state-owned gas utility GAIL has for the third time postponed the last date of bidding…

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…

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US Grain Shipments Surge 9% in face of Chinese Tariffs

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Great Lakes Limestone Trade Up in June

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