Lng News


Novatek, Saibu Gas Ink MoU

Jan 02, 2019

Russia's largest independent natural gas producer Novatek said it had agreed with Japan's Saibu Gas to study the possibility for the Russian company to enter the Japanese energy market.Novatek said in a press release that PAO Novatek and Saibu Gas Co Ltd signed a  Memorandum of Understanding (MOU)…

Consortium Bags Commitments for Rovuma LNG Project

Jan 02, 2019

Area 4 co-venture participants -ExxonMobil, Eni, China National Petroleum Corporation (CNPC), Empresa Nacional de Hidrocarbonetos, Kogas and Galp - have secured liquefied natural gas (LNG) offtake commitments from affiliated buyer entities of…

Challenge Peak Ships 1st Plant Condensate from Ichthys LNG Project

Jan 02, 2019

The oil products tanker operated by Singapore-based NYK Bulkship (Asia) Challenge Peak  has shipped the first batch of plant condensate produced at the onshore gas liquefaction plant of the INPEX-operated Ichthys LNG Project.According to a press…

Rovuma LNG Moves Toward FID in 2019

Dec 28, 2018

Partners in the Rovuma liquefied natural gas (LNG) project in Mozambique say they are moving “rapidly” toward a final investment decision (FID) for the first phase of the project in 2019 after securing LNG offtake commitments from buyers.The project will produce…

Tango FLNG En Route to Argentina

Dec 27, 2018

Belgium based EXMAR announced Thursday that its floating liquefied natural gas (FLNG) facility has left China for a 45-day voyage to the destination of its liquefaction operations at the Port of Bahia Blanca in Argentina.The barge-based Tango…

Woodside Enters FEED for Pluto Train 2

Dec 27, 2018

Australia's largest independent oil and gas company Woodside said it has awarded a contract to Bechtel (Western Australia) Pty Ltd to undertake front-end engineering design (FEED) for its proposed brownfield expansion of existing Pluto liquefied natural gas (LNG) facilities…

Great Ships 2018: BP's British Partner

Dec 27, 2018

BP Shipping took delivery of British Partner, the first of a half dozen new 173,400 cu. m. capacity liquefied natural gas (LNG) carriers to be delivered through 2018 and 2019 from the DSME shipyard in South Korea.  BP Shipping, which launched…

LNG Imports into Northeast Asia at Record High

Dec 27, 2018

Shipments of liquefied natural gas (LNG) into Northeast Asia have risen to a record in December, mainly driven by China's continued gasification push, and as the region faces colder-than-usual temperatures this week.LNG imports into China, Japan…

Prelude FLNG Starts Production in Australia

Dec 26, 2018

Royal Dutch Shell said on Wednesday it has begun output at its Prelude floating liquefied natural gas (FLNG) facility in Australia, the world's largest floating production structure and the last of a wave of eight LNG projects built in the country over the last decade…

Australia’s LNG Export to Jump 60% in FY 2018-19

Dec 24, 2018

Australia’s liquefied natural gas (LNG) export earnings have been revised upwards for 2018-19 and are forecast to total $50.4 billion, an increase of nearly 60 per cent compared to 2017-18, overtaking metallurgical coal as Australia’s second largest resources and energy export…

DOE Streamlines LNG Export Requirements

Dec 23, 2018

The U.S. Department of Energy (DOE) would now only require U.S. LNG exporters to report the country or countries of LNG deliveries, not country of end-use, to satisfy the DOE’s destination reporting requirement.Further, DOE announced additional…

China's LNG Imports Hit Record High

Dec 23, 2018

China's imports of liquefied natural gas (LNG) in November surged to a new record as the country briskly promotes the green fuel to clean its energy mix, said a report in Xinhua.In November, LNG imports totaled 5.99 million tons hitting a new record…

Snam, Enagás, Fluxys Complete DESFA Acquisition

Dec 22, 2018

The consortium consisting Italy’s Snam, Spain’s Enagás and Belgium’s Fluxys has completed the acquisition of a 66 percent stake in Greek natural gas operator DESFA.According to a joint release, the purchase valued at €535 million ($613.9 million)…

Arctic LNG 2 to Buy Nuovo Pignone Turbines

Dec 22, 2018

Russia's largest independent natural gas producer PAO Novatek announced that its next LNG project, Arctic LNG 2 and Nuovo Pignone (Italy) signed an agreement on turbo machinery equipment.The the seventh largest publicly traded company globally…

AGL's Crib Point Selects Höegh LNG FSRU

Dec 22, 2018

The floating LNG services provider Höegh LNG Holdings announced that it has entered into a time charter party with Australian utility company AGL Shipping Pty for the provision of a floating storage and regasification unit (FSRU) to facilitate its proposed Gas Import Jetty project at Crib Point…

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