TotalEnergies commences FEED studies

TotalEnergies said it will launch the first phase of front-end engineering and design (FEED) studies for the Papua LNG project’s upstream production facilities in Papua New Guinea (PNG). The Papua LNG project is well positioned to contribute to growth in LNG supply worldwide, especially for customers in Asia seeking to decarbonise from coal to gas,

NIOC and Gazprom agree for development of three major gas assets

Iranian state-owned NIOC has signed an agreement with Russia’s state-controlled Gazprom covering co-operation on the development of three major gas assets. As part of the deal, the firms will work together on the 55 trillion ft³ (1.6 trillion m³) Kish and the 57.1 trillion ft³ North Pars fields, and to boost pressure levels at the

Nippon Steel purchases LNG shipment at most expensive price  

Nippon Steel has purchased a liquefied natural gas shipment at the highest price ever paid in Japan amid growing fears of disruptions of LNG supplies from Russia. The world’s second-largest steelmaker bought an LNG cargo for delivery in September at a price of $41 per million British thermal units (mmBtu), most likely supplied by a

Russia defaults on gas supplies to GAIL

Russia has defaulted on the supply of at least 5 cargoes or shiploads of LNG to India after its retaliatory sanctions hit one of the companies that supply gas to India. India’s largest gas firm GAIL has a long-term deal to import 2.85 million tonnes of liquefied natural gas (LNG) per annum from a Singapore-based

Bechtel, CPC and MRY began construction on LNG storage tanks

Bechtel, CPC Corporation, and MRY broke ground on the project to design and build LNG tanks for the CPC Taichung Phase III LNG import terminal in Taichung, Taiwan. Bechtel will execute engineering, procurement, and construction of two 180,000 m3 full containment LNG tanks, Taiwan’s largest storage tanks ever built. To meet increasing demand for natural

Bangladesh government to set up two land-based LNG terminals

The Bangladesh government is set to establish two land-based liquefied natural gas terminals alongside the floating terminal. The sites being considered for the land-based LNG terminals are in Kutubdia, Moheshkhali, Payra and two other places. Each of the two land-based terminals will supply 1,000 million cubic feet (MMCFD) of gas every day, according to an

‘LNG is not a transition fuel, it’s a fuel in transition’

In an exclusive interview with Future Fuels, Steve Esau, Chief Operating Officer, SEA-LNG, shares his views on how Liquified Natural Gas (LNG) can be a potential alternative fuel for maritime industry. Recently, the new build orders for LNG-powered ships have been on the rise. Is this because there are no readily available alternative fuels for

Delfin Midstream and Vitol Inc sign LNG sale and purchase agreement

Delfin Midstream Inc.  has finalized a binding liquified natural gas sale and purchase agreement with Vitol Inc. As per the agreement, Delfin will supply 0.5 million tonnes per annum on a free on-board basis at the Delfin Deepwater Port 40 nautical miles off the coast of Louisiana to VIC for a 15-year period. The SPA

GTT bags design contract for cryogenic fuel tanks

Engineering firm GTT said it was chosen by Korean shipyard HJ Shipbuilding & Construction to design the cryogenic fuel tanks of two new liquefied natural gas (LNG) fuelled container vessels. The contract was awarded on behalf of a European ship-owner. These vessels, each capable of carrying 7,700 containers, will be equipped with an LNG fuel

First floating LNG terminal likely to operationalise in India

India’s first floating terminal for liquefied natural gas (LNG) at Jaigarh in Maharashtra is expected to be operational in the second half of 2022. H-Energy Gateway’s floating storage and regasification units (FSRUs) at Jaigarh and the Swan Energy-led terminal at Jafrabad are cumulatively expected to add 11 million tonnes per annum (mtpa) of regasification capacity,