LogIn LogOut

Lpg News

 

Abu Dhabi's Al Seer Marine Buys LPG Tanker Duo for $67M to Meet Growing Demand

May 27, 2022

Abu Dhabi's Al Seer Marine, a subsidiary of International Holding Company (IHC), has said it has acquired two vessels, valued at a combined AED 246 million ($66,97 million), to meet the 'rapidly growing demand for transportation of liquified petroleum gas (LPG).'Al Seer Marine has purchased LPG tankers, MT Alcor and MT Alkaid, each with a capacity of 20,700 cubic meters. The vessels are expected to provide an internal rate of return (IRR) of 25%…

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)…

ONGC, Coast Guard Prevent Disaster as LPG Tanker Goes Adrift Near Offshore Installations

Jul 27, 2021

Indian oil and gas explorer ONGC said Monday it had, together with Coast Guard, helped avert a possible disaster relating to an empty LPG Tanker ‘Gas Yodla’ which went adrift after engine failure in the Arabian Sea on  July 24, 2021. 'At 6:35 PM on that day…

Indonesia to Stop LPG and Fuel Imports by 2030

Apr 29, 2021

Indonesia will stop both liquefied petroleum gas (LPG) and fuel imports by 2030 and plans big changes to its energy infrastructure to meet that target, a top energy official said on Thursday.President Joko Widodo has tasked the National Energy Council…

U.S. LPG Exports Grow by 22%: Dorian LPG

Aug 08, 2019

U.S. liquefied petroleum gas (LPG) exports have grown year-over-year by 22% to 22.5 million tons year-to-date (YTD) and Middle East exports have grown on the same basis 3.5% to 22.6 million tons, said Dorian LPG.For the first time, U.S. and Middle East volumes were equal…

Canada Makes First Propane Shipment

Jun 02, 2019

North American energy infrastructure company energy infrastructure company AltaGas celebrated the grand opening of its Ridley Island Propane Export Terminal (RIPET), located in Prince Rupert, British Columbia – the first marine export facility for propane in Canada…

Epic Gas Bullish on LPG Carriers Market

Feb 17, 2019

Global seaborne liquefied petroleum gas (LPG) volume is expected to grow by over 6% in 2019 and surpass 100 million tonnes for the first time.Singapore based provider of pressurised LPG vessels, Epic Gas said that it is well positioned to benefit…

LPG Carrier "Laurel Prime" Christened at MHI

Dec 14, 2018

Mitsubishi Shipbuilding Co.held a christening ceremony for a liquefied petroleum gas (LPG) carrier currently under construction for Astomos Energy Corporation. The christening ceremony was held at the Koyagi Plant of MHI's Nagasaki Shipyard…

Current News

Santos and QatarEnergy Agree Mid-Term LNG Supply

Santos and QatarEnergy Agree Mid-Term LNG Supply

PTTEP Hires Energy Drilling’s Rig for Southeast Asia Offshore Job

PTTEP Hires Energy Drilling’s Rig for Southeast Asia Offshore Job

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

India auto dealers warn about risks to retail volume and supply
EU delays signing climate pledge with China, FT reports
Morning Bid Europe-Chagrin at Trump's three-card trade trick
https://accounts.newwavemedia.com