Despite the COVID-19 pandemic and the soft demand for LNG, COSCO Shipping ordered three LNG vessels from Hudong Zhonghua, China Shipbuilding Trading, a subsidiary of China Shipbuilding Corporation.
Although daily natural gas deliveries to U.S. facilities that produce LNG for export were a record 9.8 billion cubic feet per day (Bcf/d) in late March 2020, deliveries fell to less than 4.0 Bcf/d in June, EIA reported.
With a second bunkering operation completed on 15 June, the Port of Marseille Fos demonstrates its commitment to LNG.
For the first time, vehicles from Europe will be transported from Europe to North and Central America on a car freighter powered by LNG. On June 16g the SIEM CONFUCIUS with more than 4,800 vehicles for North America left Emden for Veracruz in the Gulf of Mexico.
European gas inventories have reached record levels, amid a week demand which has caused excess gas moving into storage, putting pressure on producers to cut supply.
Oil and gas companies currently have assets for sale with recoverable reserves of more than 5 billion barrels of liquids and 7.5 billion barrels of oil equivalent (boe) of natural gas, Norwegian research firm Rystad Energy estimates.
The Arc7 ice-class LNG tanker, “Christophe de Margerie” successfully transited the Eastbound ice-covered part of the Northern Sea Route.
China State Shipbuilding Corporation (CSSC), China National Offshore Oil Corporation (CNOOC) and Guangdong Provincial People’s Government recently signed an agreement concerning LNG power conversion for inland waterway shipping.
The production of natural gas from the UK Continental Shelf (UKCS) creates less than half as much greenhouse gas as imported LNG, according to data published by the Oil and Gas Authority (OGA).
Tritec Marine and Stena LNG shake their hands and collaborated to create SAFE Bunker vessel project. In fact, through their concept both sides aim to give a boost to the LNG bunkering industry.
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