Industry News

LNG

Honeywell to automate world’s largest LNG project
Qatar Petroleum has selected Honeywell as the main instrument and control contractor to support the North Field East (NFE) project, being developed by Qatargas on behalf of Qatar Petroleum. Honeywell’s technology will

Japan’s LBV Kaguya carries out ship-to-ship LNG bunkering
The LNG bunkering vessel (LBV) Kaguya has conducted a ship-to-ship liquefied natural gas (LNG) bunkering by supplying LNG fuel to an NYK pure car and truck carrier (PCTC) at the berth of Shin Kurushima Toyohashi.....

Location-Specific Weather Forecasts Boost Efficiency at LNG Terminals
Demand for liquid natural gas (LNG) will rise by 0.9 percent per annum by 2035. For many organizations around the world, this market growth creates new challenges for the safe transport of LNG. Adverse weather conditions

Vietnam Approves Exxon’s $5-Billion LNG-To-Power Project
The port city of Hai Phong in Vietnam has approved a liquefied natural gas (LNG) project for power generation, expected to be developed by U.S. supermajor ExxonMobil and to cost US$5.09 billion.

Are Small Scale Plants The Future For LNG?
Three years ago, Strategy&, the strategy consulting arm of global finance powerhouse PricewaterhouseCoopers (PwC), published a report that proclaimed that small-scale liquefied natural gas (ssLNG) may be “the next big...

Russia Orders 10 More LNG Carriers to Expand Arctic LNG Operations
As part of Russia’s ongoing efforts to develop its northern oil and gas fields and promote Arctic shipping, Sovcomflot (SCF Group) and NOVATEK announced a deal to build 10 additional icebreaking Arc7 LNG carriers........

LNG can help address climate change, provide safe energy investment: minister
Canadian LNG is the best choice for global energy investors looking for sustainable and competitive natural gas production, Natural Resources Minister Seamus O’Regan said in his speech on the opening day of the virtual..

Companies offer super-cool solution to flaring gas in the Permian
Permian Basin oil producers, under increasing pressure to reduce the amount of natural gas that they burn during drilling operations, may have found a solution to convert waste gas into a super-cool product.

Bigger isn’t always better
John Burrow and Laura Musick, Black & Veatch, outline how a resurgence in the popularity of small scale LNG facilities is meeting the needs of investors concerned about the industry’s current state of over-supply......

LNG Train Starts Up on Gulf Coast
Train 3 at Cameron LNG has begun commercial operation. Sempra LNG, Total S.E. Mitsui & Co., Ltd. and Japan LNG Investment LLC jointly own Cameron LNG, which is located in Hackberry, La., along the Calcasieu Ship Channel

First of its kind LNG-powered vehicle carrier calls JAXPORT
The Jacksonville Port Authority (JAXPORT) welcomed Siem Confucius, the world’s first vehicle carrier of its size operated by cleaner, greener liquefied natural gas (LNG). The vessel arrived at JAXPORT from Veracruz.....

LNG Industry Could Bring 100,000 Jobs To Canada
A new report by the Conference Board of Canada, and funded by the Canadian LNG Alliance, determined that a 56-million-tonnes-per-year LNG industry in British Columbia would generate nearly 100,000 jobs.

LNG By Rail
The U.S. Department of Transportation (USDOT) and the Pipeline and Hazardous Materials Safety Administration (PHMSA), in consultation with the Federal Railroad Administration (FRA), issued a final rule authorizing.....

Small Scale LNG (SSLNG) Market Size to Reach USD 12.5 Billion by 2025
Applications such as industrial & power, and the potential to transport LNG over long distances without the need for heavy investment like pipelines, push the growth of the small scale LNG market across the globe.......

Construction of Novatek’s Arctic LNG 2 Project Ahead of Schedule
Russia’s largest private natural gas producer, Novatek, reports that it is “slightly ahead of schedule” for opening Arctic LNG 2 by the end of 2022. The facility will consist of three production lines, or trains, .....

Small-Scale LNG Market to Set Amazing Growth by Key Players
Global Small-Scale LNG Market is expected to rise from its initial estimated value of USD 29.31 billion in 2018 to an estimated USD 49.66 billion by 2026, registering a CAGR of 6.81% in the forecast period of 2019-2026.

U.S. Restarts LNG Exports To China After 1-Year Break
U.S. exports of liquefied natural gas (LNG) have resumed flowing to China for the first time since March 2019, after the Chinese authorities have granted tax waivers to several Chinese LNG importers, Reuters reported ...

Total Charters Its First LNG-powered Very Large Crude Carriers
Total (Paris:FP) (LSE:TTA) (NYSE:TOT) signed a pioneering agreement to charter its first two LNG-powered VLCCs (Very Large Crude Carrier). The two vessels, which are able to carry about 300,000 tons of crude oil each..

Construction in Ft. Nelson of new LNG production facility has begun
Cryopeak LNG Solutions Corporation has begun construction of a new liquefied natural gas (LNG) production facility located in Fort Nelson. The company says the new production facility is capable of producing up to.....

China’s LNG Demand Makes a Comeback to Aid Virus-Hit Market
As the coronavirus pandemic roils the global liquefied natural gas market, suppliers are finding that the center of demand has come full circle back to where it was first hit: China. Over the past two weeks, Chinese.....

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