LNG

LNG the most viable alternative fuel, new report says

SEA\LNG published the results of a new alternative fuels study, finding that LNG is the most mature, scalable, and commercially viable alternative fuel currently available for the maritime industry. The study was conducted by DNV GL. The study concluded that while there are several lower or zero carbon alternative fuels that could assist in complying with IMO 2030 and 2050 GHG reduction targets.

Royal Vopak becomes shareholder at Colombian LNG import facility

Royal Vopak announced that it acquired a 49% shareholding in Sociedad Portuaria el Cayao (SPEC) in Cartagena, Colombia. SPEC is the only LNG import facility in Colombia and has been operating for three years, since 2016. The LNG import facility includes an LNG jetty, onshore infrastructure and a 9.2 km gas pipeline which links SPEC to the national gas grid.

Petronas calls Malaysia to boost transition to greener fuels

Petroliam Nasional Bhd (Petronas) aspires to convince the Malaysian government to provide incentives in order to support the use of cleaner fuels in the maritime industry, according to vice president LNG marketing and trading, Ahmad Adly Alias.

H-Energy to construct LNG terminal at Kakinada Port, India

H-Energy Global, Indian natural gas company, signed a Port Service Agreement (PSA) with Kakinada Seaports Limited (KSPL), for the development of an LNG regasification and reloading terminal at Kakinada Port on India’s East Coast.

BW LNG conducts naming ceremony for two LNG carriers

BW LNG shipping company, part of BW Group, conducted a naming ceremony for two of its new LNG carriers on September 7. The two vessels named BW Pavilion Aranda (H2489) and BW Magnolia (H2490), were constructed by South Korea’s Daewoo Shipbuilding & Marine Engineering.

Partners agree on FID for the Arctic LNG 2 project

The final investment decision (FID) for the Arctic LNG 2 project has been approved by Total, Novatek and other project stakeholders. As Total states, the project is set to have a production capacity of 19.8 million tons per year (Mt/y).

US LNG exports see weekly increase

According to EIA, the liquefied natural gas exports from the US rose over the week ending September 4, as 12 LNG tankers had departed from US facilities, all of them carrying capacity of 43 billion cubic feet of LNG, increased by four cargoes in comparison to the previous week. 

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