Lng News


China Bank Supports Hoegh LNG for New FRSU

Aug 28, 2019

Hoegh LNG on its first ever sale and leaseback deal with China Construction Bank Financial Leasing (CCBFL) for its tenth Floating Storage Regasification Unit (FSRU), the Hoegh Galleon, which was delivered yesterday (August 27) and has been taken back on charter by Hoegh LNG for twelve years…

China-led Consortium Bids for Cyprus LNG

Aug 25, 2019

The Natural Gas Public Company of Cyprus (DEFA) announced that a Chinese-led consortium has been chosen as the preferred bidder for the construction of a EUR 250 million liquified natural gas (LNG)  import terminal and related infrastructure…

Estonia's Eesti Energia to Import Novatek Gas

Aug 23, 2019

Estonia's energy group Eesti Energia is all set to import gas from Russia's largest private gas company Novatek via Lithuania's LNG terminal based in Klaipeda, which is operated by KN,  in September.The contract with the new Klaipeda LNG terminal user was signed on Thursday…

Chart Gets Order for Calcasieu Pass LNG

Aug 23, 2019

U.S. LNG equipment maker Chart Industries has received full notice to proceed (FNTP) regarding its production of cold boxes and brazed aluminium heat exchangers for Venture Global’s 10 million tpy Calcasieu Pass LNG export terminal project.The U…

African LNG to Attract $103Bln in 2019

Aug 21, 2019

With greenfield investments in Nigeria, Egypt, Mozambique and elsewhere reaching nearly $103 billion this year, it is clear that liquefaction is viewed as the most profitable strategy for realizing Africa’s gas potential, said Gas Exporting Countries Forum (GECF)…

LNG Market Recovers in Q2, Says Flex LNG

Aug 21, 2019

During the second quarter 2019, spot liquefied natural gas (LNG)  freight rates stabilized and started gradually to recover, says Flex LNG, the owner of LNG carrier vessels and floating storage regasification units (FRSUs).Unseasonably slow…

W African Firm Builds LNG Import Capacity

Aug 20, 2019

Equatorial Guinea is set to construct the first liquefied natural gas (LNG) storage and regasification plant in West Africa, advancing efforts to monetize gas resources through the creation of a domestic gas-to-power infrastructure.Located at the Port of Akonikien…

Oil Search on Tenterhooks over Total's PNG Gas Deal

Aug 20, 2019

Oil Search warned on Tuesday that costs for a $13 billion plan to double gas exports from Papua New Guinea could rise if talks on a gas agreement between the government and Total SA drag on beyond next week.Australia-listed Oil Search is a partner…

Cameron LNG Begins Commercial Service

Aug 20, 2019

North American energy infrastructure company Sempra Energy said that the first train of the Cameron liquefied natural gas (LNG) liquefaction export project in Louisiana has started commercial operations under Cameron's tolling agreements.Train…

First Production for Freeport LNG

Aug 20, 2019

Freeport LNG has reached a new milestone - it has become the sixth major US liquefaction facility to start up, with the operator confirming that production had begun at the Texas facility.'McDermott International along with its partners, Chiyoda International Corporation and Zachry Group…

Woodside H1 Profit Slumps

Aug 15, 2019

Woodside Petroleum flagged a challenging near-term outlook on Thursday as it grapples to win over its partners to back $34 billion worth of new oil and gas projects amid a souring global environment.Australia's biggest independent oil and gas…

Flowserve Inks Deal for Prelude FLNG

Aug 12, 2019

Flowserve Corporation (FLS), a provider of flow control products and services for the global infrastructure markets, has entered into a five-year contract with Shell Australia to provide general maintenance services for Shell’s Prelude Floating Liquified Natural Gas (FLNG) facility…

Australia Set to be the King of LNG Exports

Aug 12, 2019

Australia is on track to surpass Qatar as the world’s largest LNG exporter, according to Australia’s Department of Industry, Innovation, and Science (DIIS).Australia already surpasses Qatar in LNG export capacity and exported more LNG than Qatar in November 2018 and April 2019…

Sabine Pass LNG Train 6 Under Construction

Aug 12, 2019

The liquefied natural gas company headquartered in Houston Cheniere Energy said that through Cheniere Partners, it is developing six natural gas liquefaction Trains at the Sabine Pass LNG (SPL) terminal adjacent to the existing regasification facilities…

Mayer Brown Advises on HK FSRU Project

Aug 12, 2019

Law firm Mayer Brown advised CLP Power Hong Kong on the Hong Kong offshore LNG terminal project, which involves the use of floating storage and regasification unit (FSRU) technology for the first time in Hong Kong. The FSRU will receive, store…

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