Brazil tops importers of US LNG cargoes in October

Brazil was No. 1 buyer of US LNG for the third month in a row in October amid severe drought that has drained its hydroelectric resources, while Spain was a close second as pipeline gas supplies faced constraints, S&P Global Platts Analytics data showed. Power data from Brazil’s National Electric System operator showed that hydro

Global Methane Pledge to put more pressure on LNG fuel proponents

Proponents of LNG as shipping’s interim future fuel will face another barrage today with the White House the latest institution to go on the attack. President Joe Biden is to unveil plans today at COP26, the major international climate summit taking place in Glasgow, to limit global methane emissions by 30% from 2020 levels by

Qatar Invests in Pakistan’s Next LNG Import Terminal

Qatar, the world’s top supplier of liquefied natural gas, will invest in Pakistan’s next import terminal in a bid to support one of the fastest-growing buyers of the super-chilled fuel. Qasim Terminal Holding Co., a subsidiary of Qatar Energy, has applied for clearance with Pakistan’s government to take a stake in Energas Terminal Pvt., according

Novatek Charters Four LNG Carriers from MOL

Mitsui O.S.K. Lines, Ltd. (MOL) has announced that, through a subsidiary, it has signed time charter contracts for four newbuilding LNG carriers with NOVATEK Gas & Power Asia Pte. Ltd., a wholly owned subsidiary of Russia’s Novatek. The vessels will be constructed at Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME), and are slated for

LNG shipments to Europe might not cover strong winter demand

Europe’s vast network of liquefied natural gas terminals can’t save it from a winter supply crunch. LNG supplies entering European grids in July fell to the lowest for that month in three years and the outlook for this month is even grimmer. Just one cargo is scheduled to arrive in the UK in August and

Ennore – Ramanathapuram LNG pipeline to be ready by Feb 2022

The Ennore – Ramanathapuram liquefied natural gas (LNG) pipeline is expected to be completed by February 2022, P. Jayadevan, Executive Director, Indian Oil Corporation Ltd. (IOCL) said here on Saturday. Addressing presspersons at the company’s LNG terminal, which was commissioned in March 2019, he said that around 85% of the work to lay the ₹6,000

Bechtel to conduct FEED for LNG-to-power project

Delta Offshore Energy (DOE) has awarded Bechtel a contract to provide Front End Engineering Design (FEED) services for a new 3200 MW combined cycle gas turbine (CCGT) power plant in the Bac Lieu province, approximately 175 miles (250 km) south of Ho Chi Minh City in Southern Vietnam. The plant consists of four single shaft

Sovcomflot expands business portfolio with TotalEnergies

Sovcomflot (SCF Group) has received confirmation from TotalEnergies of the exercise of its option for two further next-generation 174 000 m3 LNG carriers. The vessels will be chartered for a period of up to seven years operating within TotalEnergies global portfolio LNG trade under the technical management of Sovcomflot. The option was exercised under a

Natural gas demand growth set to slow in coming years

Natural gas demand is set to rebound strongly in 2021 and will keep rising further if governments do not implement strong policies to move the world onto a path towards net-zero emissions by mid-century, according to a new report by the International Energy Agency. Global gas demand is expected to rise by 3.6% in 2021