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Latest From LNG
Two agreements with a Total-led joint venture and an ExxonMobil-led joint venture are to be finalised in stages from as early as the end of March to move the planned three-train, 8m tonnes per annum expansion of PNG LNG to the engineering phase
The 79,883 dwt LNG carrier, owned by a 70:30 joint venture between Inpex Shipping Co and Kawasaki Kisen Kaisah, is dedicated to transporting Inpex’s share of 900,000 tonnes of LNG per year from Australia to Japan
Global LNG trades are forecast to grow to 900bn cu m by 2040 from 400bn cu m in 2017, according to BP Energy Outlook 2019’s Evolving Transition scenario
Hyundai Heavy Industries, Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering have previously built 45 LNG carriers under charter to Qatargas
The Danish owner had ordered two more LNG carriers from the yard in August 2018
Although LNG tanker growth has slowed, tonne-mile demand is still trending upwards
The energy giant has entered a Heads of Agreement with Uniper for a substantial share in the German project
Installing LNG propulsion during the construction of a new vessel is far cheaper than retrofitting an existing vessel, the study finds
Ordering flurry keeps company on course to double group business by 2022
As all of Mozambique LNG’s contracts are on a delivered basis, it is expected to launch a tender for 16 LNG carriers, Poten & Partners noted
‘Affiliated buyer entities of the partners’ behind the offtake commitments that will be finalised in weeks. Project is in Area 4, in which Kogas and CNPC hold working interests
According to Lloyd’s List Intelligence, the shipment will be discharged in Japan’s Kawasaki port
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