China will build new liquefied natural gas (LNG) terminals and expand the capacity of existing terminals in its Greater Bay area, China’s cabinet said on February 18, according to a report by official news agency Xinhua.
Excelerate Energy and Equinor Energy completed the first-ever ship-to-ship (STS) transfer of LNG in The Bahamas on February 7, 2019. The STS was conducted using Excelerate’s 150,900 cbm floating storage regasification unit (FSRU) Exemplar and Equinor’s 142,759 cbm LNG carrier Arctic Voyager.
IEA published its gas outlook concerning global markets, business models and pricing arrangements. Although the World Energy Outlook doesn’t have a forecast for what gas markets will look like in 2030 or 2040, the scenarios and analysis provide some insight into the factors that will shape where things go from here.
Texas-based Excelerate Energy said its floating storage and regasification unit Exquisite completed the company’s 1,500th ship-to-ship LNG transfer operation. The transmit occurred at the Engro Elengy Terminal in Pakistan, according to the company.
While the voting procedure for the 2019 GREEN4SEA Awards is open, Mr. Panos Yannoulis, President, probunkers, explains why LNG is the best available alternative for complying with environmental regulations and achieving sustainability. Although a startup, probunkers has succeed at early stages in conveying the message that LNG is an attractive solution, revealing an ambitious plan for supporting LNG as a marine fuel and turning challenges into opportunities. For all these actions, probunkers has been nominated in the ‘Initiative’ category among other distinguished nominees.
The Swedish Club published the report ‘Sulphur Guide’, to provide technical and legal advice to the shipping industry to comply with the 2020 sulphur cap. It analyzes technical considerations when making the decision between operating with low sulphur fuels and retrofitting scrubbers and explains the implications, both in terms of compliance and in relation to the terms of any charterparty in place.
Hamburg-based Nauticor, a unit of Linde, reported that the world’s largest LNG bunker vessel, the 7,500-cbm Kairos was officially christened at the Hamburg Cruise Center Steinwerder. The vessel began being constructed in 2016. The vessel was delivered in October 2018, according to Nauticor.
Excelerate Energy’s Northeast Gateway Deepwater Terminal (Northeast Gateway), off Boston, achieved a peak send-out flow rate of over 800,000 MMBTU per day of natural gas on February 1, 2019, a first for the terminal. The terminal has a dual submerged turret-loading buoy system which allows for the connection of FSRUs that have been designed to meet the challenging conditions of the North Atlantic.
The Final Investment Decision for the floating LNG terminal on the Croatian Island of Krk was adopted on January 31, 2019. The procurement process of the FSRU vessel took place in November 2018, during which the bid from Golar was evaluated as the most economically beneficial, offering a new conversion of the existing LNG tanker to the FSRU vessel worth EUR 159.6 million.
Fluxys and Titan LNG have cooperated to build the FlexFueler 002, a bunkering pontoon to make LNG more widely available as shipping fuel in the Antwerp port and region. The pontoon will be commissioned by mid-2020 and support the shipping industry in its change to cleaner operations. Titan LNG will be the long-term operator of the pontoon.
