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Monday, July 15, 2024
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Lng News

12 Jul 2024

Italy's New FLNG Terminal to Be Operational by March 2025

(Photo: BW Group)

Italy's gas grid group Snam SRG.MI said on Friday it expected a new liquefied natural gas (LNG) terminal to become operational by March 2025, allowing the country to diversify further its energy supplies.The floating terminal in the Adriatic sea will have an annual regasification potential of 5 billion cubic metres (bcm), bringing Italy's total capacity to 28 bcm a year, or 45% of the country's gas demand in 2023.The set up of the regasification unit dubbed BW Singapore, which envisages the building of both a platform offshore the costal city of Ravenna and a breakwater, is part of Italy's eff

11 Jul 2024

Eni Hires ABL for Congo Floating LNG Transportation and Installation Verification

(Credit: Eni)

Energy and marine consultancy ABL has been appointed by Eni to provide marine warranty survey services (MWS) for the offshore transportation and installation (T&I) campaign for Phase 2 of the Marine XII Congo LNG development project.Phase 2 of the project envisages the fabrication, transportation and installation of a new floating LNG vessel (FLNG), a converted floating separation, storage and booster unit (FSU), wellhead platforms and associated tie-in pipelines and ancillaries…

08 Jul 2024

Petronas Adds Three New LNG Vessels Ahead of LNG Canada Start-Up

© moofushi / Adobe Stock

Malaysian state energy firm Petroliam Nasional Berhad (Petronas) on Monday said it would add three energy-efficient LNG vessels to its North American operations.The addition of the vessels, which brings the total number in Petronas' fleet in North America to six, comes ahead of the start-up of LNG Canada's gas-export facility due later this year, the company said in a statement.Petronas has a 25% stake in the LNG Canada plant in Kitimat, British Columbia, on the west coast of Canada."With the arrival of these new vessels…

03 Jul 2024

Seaspan Energy Launches LNG Bunkering Vessel

(Photo: Seaspan)

Seaspan Energy this week announced the launch of its third new 7,600m3 liquefied natural gas (LNG) bunkering vessel, Seaspan Baker.This series is being built by CIMC Sinopacific Offshore & Engineering (CIMC SOE) in China. The first two vessels, Seaspan Garibaldi (Nch’ḵayĚ“) and Seaspan Lions (Ch’ich’iyúy Elxwíkn), will be delivered later this year, followed by Seaspan Baker in 2025.Seaspan Baker is currently targeted to service the Long Beach containership market and will join Seaspan Lions in providing LNG fueling services for vessels on the West Coast of North America, Seaspan said.

03 Jul 2024

Vitol Lines Up Three LNG Bunkering Vessels

© alexlmx / Adobe Stock

Commodities trader Vitol has secured three LNG bunkering vessels to support its worldwide operations.The agreements were made through Vitol’s shipping company, Vitol International Shipping.The vessels were secured via a seven to ten year time charter agreement with Avenir LNG and an order for two vessels at the CIMC Sinopacific Offshore & Engineering shipyard in Nantong, China.The time charter agreement with Avenir is for one newbuild 20,000m3 LNGBV, and will commence at delivery from the shipyard in China in fourth quarter of 2026…

30 Jun 2024

FueLNG Achieves 200th Ship-to-Ship LNG Bunkering in Singapore

FueLNG Venosa carrying out LNG bunkering to CMA CGM Bahia (Photo: FueLNG, all Rights
reserved)

FueLNG has successfully completed its 200th ship-to-ship (STS) LNG bunkering operation.The milestone operation was conducted by FueLNG Venosa, delivering 9,000 cubic metres (cbm) of LNG fuel to CMA CGM Bahia on 29th June at the Raffles Reserve Anchorage in Singapore. This vessel is part of a new generation of six CMA CGM containerships featuring “biomethane and e-methane ready” engines and an enhanced aerodynamic design.Saunak Rai, FueLNG's General Manager said: "We are immensely proud to celebrate our 200th STS LNG bunkering operation.

28 Jun 2024

Construction of Germany's First Land-based LNG Terminal Starts

(Image: Hanseatic Energy Hub)

The construction of Germany's first land-based liquefied national gas (LNG) terminal at the inland port of Stade kicked off on Friday with the goal of starting operation in 2027, said the project firm Hanseatic Energy Hub (HEH).The project on the river Elbe is part of Germany's broader efforts to diversify its energy sources after a sudden drop of Russian gas imports following Moscow's invasion of Ukraine.The terminal will include two LNG tanks with capacity of 240,000 cubic metres each and will be ammonia-ready as Germany and its neighbours aim to replace gas with green hydrogen and its deriv

26 Jun 2024

Venture Global Launches First LNG Vessel from Planned Nine-Strong Fleet

The Venture Gator vessel (Credit: Venture Global)

U.S. liquefied natural gas (LNG) exporter Venture Global has launched its first LNG vessel, the Venture Gator, at the Samsung Heavy Industries shipyard in Geoji-si, South Korea.The Venture Gator is the first of nine LNG carriers in the Venture Global fleet to be completed in quick succession across three shipyards in South Korea over the coming 24 months, which will transport LNG from the U.S. to multiple global partners and destinations.The ship is said to deploy best-in-class environmental and efficiency technology and will be primarily fueled by Venture Global’s LNG.

25 Jun 2024

NYK Signs MoU with Pertamina

Source: NYK

NYK and PT Pertamina International Shipping (PIS), a marine logistics subsidiary of PT Pertamina, a state-owned oil and gas company in Indonesia, have signed a memorandum of understanding (MoU) to collaborate in the field of liquefied carbon dioxide (LCO2) and LNG. They will also jointly establish a ship-management company.NYK and PIS have agreed to collaborate in obtaining business opportunities through assessments and feasibility studies for the transboundary transportation of LCO2 to and from Indonesia.

25 Jun 2024

Chinese Shipbuilder Hires GTT to Design Tanks for 10 Verly Large LNG Carriers

© Wojciech Wrzesień / Adobe Stock

French engineering company GTT has secured an order from Hudong-Zhonghua Shipbuilding for the tank design of 10 new very large liquefied natural gas (LNG) carriers.GTT will design the tanks for these ten very large LNG carriers, which will each offer five tanks with a total capacity of 271,000 m3.The value of the contract was not disclosed.The tanks will be fitted with the NO96 Super+ membrane containment system developed by GTT.Delivery is scheduled between the first quarter of 2030 and the fourth quarter of 2031.

23 Jun 2024

MMMCZCS Calls for Early Regulation of Methane Slip

© NAN / Adobe Stock

The Maersk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) has released a new report: Tackling methane slip in shipping.Past research at the MMMCZCS has demonstrated that current regulations that include methane, such as CO2-equivalent fuel standards (e.g., FuelEU Maritime), will have a limited effect on reducing onboard methane emissions in the short- to mid-term. Furthermore, the default methane slip value concept does not provide a direct incentive to engine makers…

21 Jun 2024

EU Sanctions Target Russian Gas for the First Time

© Wojciech Wrzesień / Adobe Stock

European Union countries agreed on a 14th package of sanctions against Russia over its war in Ukraine, diplomats said on Thursday, including their first restrictions on Russian gas.The package bans re-exports of Russian liquefied natural gas (LNG) in EU waters but stops short of banning imports as the bloc did in 2022 for Russian seaborne oil. Some EU countries still import pipeline gas from Russia via Ukraine.However, gas market experts say the measure will have little impact…

21 Jun 2024

Rare LNG Carrier Sails Through Red Sea Amid Houthi Attacks

© nikkytok / Adobe Stock

The first liquefied natural gas (LNG) tanker since January is sailing through the Red Sea, just days after Yemen-based Houthi militants sank their second vessel in attacks begun last November.The vessel, Asya Energy, passed Yemen, travelling through the Bab al-Mandab Strait on Tuesday, shiptracking data from LSEG and Kpler showed, the same week that the second ship believed to have been hit by the militants sank."Asya Energy is the first LNG tanker to sail through the Strait since January…

18 Jun 2024

Shell to Buy Singapore’s Pavilion Energy

© Mike Mareen / Adobe Stock

Shell has reached an agreement with Carne Investments, an indirect wholly-owned subsidiary of Temasek, to acquire 100% of the shares in Pavilion Energy, a Singapore-based global liquefied natural gas (LNG) trading business.Pavilion Energy is an LNG business with a contracted supply volume comprising about 6.5 million tonnes per annum (mtpa).Headquartered in Singapore, Pavilion Energy’s global energy business encompasses LNG trading, shipping, natural gas supply and marketing activities in Asia and Europe.“The acquisition of Pavilion Energy will strengthen Shell’s leadership position in LNG…

07 Jun 2024

Certification Bodies Approve GTT’s NEXT1 LNG Cargo Containment System

(Credit: GTT)

French engineering company for liquefied gas storage GTT has secured approvals from Bureau Veritas and Lloyd's Register for its NEXT1 LNG cargo containment system.Bureau Veritas issued a Design Approval (DA), while Lloyd's Register granted a General Approval for Ship Application (GASA) to GTT.The two approvals, officially granted at the Posidonia 2024 maritime show in Athens, mark a major milestone for the company's NEXT1 technology.Through them, Bureau Veritas and Lloyd's Register confirm that the technology complies with all applicable rules and regulations…

05 Jun 2024

Mitsubishi Shipbuilding Receives Order for Two LNG Fuel Gas Supply Systems

Source: Mitsubishi Shipbuilding

Mitsubishi Shipbuilding has received an order from Imabari Shipbuilding for two LNG fuel gas supply systems (FGSS) for high-pressure dual-fuel marine engines.The units are for two LNG-fueled bulk carriers to be built by Imabari Shipbuilding which will be continuously delivered with LNG fuel tanks from summer 2025.The FGSSs ordered feature a modular, optimized cargo space layout that provides exceptional space-saving and maintenance access and a proprietary control system that can be customized according to customer needs…

31 May 2024

Extreme Asian Heat Spurs LNG Demand Ahead of Summer Months

© Evgenii Bakhchev / Adobe Stock

Extreme temperatures across Asia are driving up liquefied natural gas (LNG) demand in the region as importers seek cargoes ahead of summer, with imports in South Asia hitting records.This could tighten available supply and further lift Asian spot prices that have already gained a third since April, with heatwaves across South and Southeast Asia boosting air-conditioner use and other cooling demand. Prices are now at a near six-month peak at $12 per million British thermal units (mmBtu) and are expected to remain elevated."Spot prices are now driven by Asian demand.

29 May 2024

US Regulator Seeks New Emissions Data from Venture Global LNG

© moofushi / Adobe Stock

U.S. liquefied natural gas (LNG) exporter Venture Global LNG must refile emissions data for its Calcasieu Pass 2 plant construction permits, regulators said on Wednesday.The Alexandria, Virginia-based LNG developer had not included the impact of tanker and support vessel emissions in its recently revised filing, the Federal Energy Regulator Commission (FERC) said.Venture Global LNG has been pushing FERC for a decision on its planned construction of a 20 million metric tonnes per…

22 May 2024

Seaspan's Ammonia-ready Feeder Ship Design Earns LR Approval

A next generation feeder ship design developed by Technolog for Seaspan Corporation has been awarded approval in principle (AIP) from Lloyd's Register (LR), the classification society announced.The innovative vessel, measuring 198 meters long, is designed to be efficiently converted from liquefied natural gas (LNG) to ammonia fuel during its lifetime, trading efficiently in today’s market and being ready for tomorrow’s. The unique design is therefore prepared for future advancements in feeder vessel technology as power and propulsion systems continue to rapidly evolve.Andy McKeran…

21 May 2024

Developer Seeks Permit to Process US Gas in Mexico

© moofushi / Adobe Stock

A Mexican energy developer is seeking U.S. permission to export gas to Mexico, turn it into liquefied natural gas (LNG) and send it to countries with U.S. free-trade agreements, its filing with the U.S. Department of Energy showed.Mexico-based Gato Negro Permitium Uno and partners including Houston-based Big River Energy plan to construct four LNG processing plants in Manzanillo on Mexico's Pacific coast to produce up to 4 million tonnes per annum (MTPA) of LNG, the company said.Gato Negro began the Mexican permitting process in June 2022, it said in the May 10 filing.

13 May 2024

Black & Veatch Completes Feasibility Study for Colombia’s New LNG Terminal

© Photopia Studio / Adobe Stock

Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, a liquefied natural gas (LNG) regasification terminal and power plant.The study assessed site suitability, project design requirements, capital and operating costs, financial viability, financing options, climate resilience, and implementation and construction plans.Beginning with a site assessment that focused on the landscape of the area, regulatory restrictions and accessibility, the study…

09 May 2024

Panama Canal in Talks with US LNG Producers to Increase Transit

© moofushi / Adobe Stock

The Panama Canal is in talks with U.S. liquefied natural gas (LNG) producers on how to meet increased demand for crossings as water levels recover after a prolonged drought, the canal's administrator Ricaurte Vasquez told Reuters in an interview.The canal is typically used by U.S. Gulf Coast exporters to send LNG cargoes to Asia via the Pacific Ocean, but from last year low water levels forced cuts to daily crossings, driving many producers to seek more costly or longer alternative routes.In April…

09 May 2024

QatarEnergy and Nakilat Sign Long-Term Agreement for Nine QC-Max LNG Vessels

(Credit: QatarEnergy)

QatarEnergy has signed a long-term agreement with Qatar Gas Transport Company Limited (Nakilat), under which Nakilat will own and operate nine QC-Max class LNG vessels, the largest LNG vessels ever built.The nine QC-Max vessels, with a capacity of 271,000 cubic meters each, constitute half of the 18 advanced QC-Max class LNG vessels that will be constructed at China’s Hudong-Zhonghua Shipyard.To date, QatarEnergy’s fleet expansion program encompassed the execution of shipbuilding contracts and time charter agreements for 104 conventional LNG vessels and 18 QC-Max class LNG vessels…