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ExxonMobil Inks Preliminary Wilhelmshaven FSRU Deal

Jan 25, 2019

German utility Uniper on Friday said ExxonMobil had signed a preliminary deal to take a substantial share of the regasification capacity at a liquefied natural gas (LNG) floating terminal planned for Wilhelmshaven.'The heads of agreement (a…

FSRU Enters Qatar Drydock for Maintenance

Jan 22, 2019

A floating storage regasification unit (FSRU) owned by U.S. based Excelerate Energy will undergo drydocking, maintenance and upgrades at the Erhama Bin Jaber Al Jalahma Shipyard in Qatar, prior to its deployment in Bangladesh.The drydocking of FSRU Excelerate…

FSRU Suppliers Shift from Emerging Markets, Cut Back New Orders

Dec 21, 2018

Political instability and low credit ratings in emerging economies are putting some shipowners off ordering new floating storage and regasification units (FSRUs), as they shift focus to more mature gas markets.Liquefied natural gas (LNG) demand from emerging markets in Asia…

Lithuania Plans to Buy an FSRU

Dec 18, 2018

Lithuania has given the go ahead to state-owned Klaipedos Nafta to purchase a liquefied natural gas (LNG) storage vessel by late 2024, as it shores up energy supplies and reduces its reliance on Russian natural gas.Klaipedos Nafta is currently…

Uniper intensifies LNG plans with Japan's Mitsui OSK

Dec 17, 2018

Mitsui OSK Lines to own, fund FSRU in Wilhelmshaven; FSRU could be operational in H2 2022.Energy group Uniper on Monday entered agreements with Japanese shipping group Mitsui OSK Lines to handle potential deliveries of liquefied natural (LNG) gas into Germany…

LNG Import Terminal Proposed for Australian port

Dec 05, 2018

A South Korea-based company has proposed building a terminal on Australia's east coast to import liquefied natural gas, the fifth proposal for such a project in the world's No.2 LNG exporter.The proposals have come after three new LNG export…

Woodside Inks 20-year Gas Supply Deal

Nov 20, 2018

Woodside Petroleum Ltd, Australia's biggest listed oil and gas explorer, said on Tuesday it had signed a 20-year gas supply deal with Perdaman Chemicals and Fertilisers Pty Ltd.The agreement is to supply about 125 TJ of gas per day for use in Perdaman's proposed urea plant…

Bangladesh Resolves FSRU Issues

Nov 19, 2018

Bangladesh will resume liquefied natural gas (LNG) imports this week after resolving issues with its sole floating storage and regasification (FSRU) unit, a senior official said on Monday.Two cargoes, meant to be delivered on Nov. 7 and Nov…

Largest Chinese-built FSRU Delivered

Nov 16, 2018

PaxOcean’s Zhoushan Shipyard has delivered a 26,000m3 floating storage and regasification unit (FSRU) Karunia Dewata to Indonesia-based Jaya Samudra Karunia (JSK). The FSRU is the largest to be built in China and will be capable of regasifying around 50 million standard cubic feet per day…

Golar FSRU Wins LNG Croatia Project

Nov 12, 2018

State-owned LNG Croatia has selected Golar Power, a joint venture between Golar LNG and Stonepeak Infrastructure Partners,  to deliver a floating storage and regasification unit (FSRU) for the nation's first liquefied natural gas import facility…

Ghana FSU/FSRU Finally Under Construction

Oct 31, 2018

Ghana's liquefied natural gas (LNG) import project is finally under construction, years after its original inception, with two vessels contracted to store and regasify the fuel by the second quarter of 2020, a project partner said on Wednesday…

EU Approves State Aid for Lithuanian LNG Terminal

Oct 31, 2018

The European Commission approved on Wednesday new government support terms to the liquefied natural gas (LNG) terminal at the Klaipeda seaport, after the Lithuanian authorities changed some of the conditions it got approval for already in 2013…

LNG Investment Set to Grow

Oct 18, 2018

Following years in the pricing doldrums, LNG is hot again, with business prospects for floating production and regasification looking strong through 2023. We talk to Jim McCaul of International Maritime Associates (IMA) for his insights, as…

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