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591 Posts, Pagina: « 1 2 3 4 5 6 ... 25 26 27 28 29 30 | Laatste
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Sovcomflot inks pact for Icebreaking LNG carrier for Arctic LNG 2 Project of NOVATEK

SCF Group and Russian financial institution VEB.RF Group signed an agreement for lease financing of the lead ship in a series of icebreaking LNG carriers expected to be built to serve the Arctic LNG 2 project. At the same time, SCF Group and NOVATEK Group signed a long-term time charter agreement for this tanker. The vessel will be constructed at Zvezda Shipbuilding Complex in the Russian Far East. She is designed for year-round operations in the challenging ice conditions of the Kara Sea and The Gulf of Ob and will be able to sail independently through ice over two metres thick.

All the LNG carriers in the new series will be operated under the Russian flag. The Russian Maritime Register of Shipping will provide technical supervision during the construction of the vessel series.

Source : Strategic Research Institute
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Vard Marine to Design LNG Jones Act Bunker Barge for Fincantieri Bay Shipbuilding

Vard Marine Inc recently completed the concept design of a new 5,400 cubic meter LNG bunker barge for Fincantieri Bay Shipbuilding. The barge is being designed for Polaris New Energy’s bunkering operations that will support LNG fueled ships in the east coast of the United States. It will be built at Fincantieri Bay Shipbuilding in Sturgeon Bay, Wisconsin and is expected to be delivered in November 2021.

Vard Marine is currently developing a classification design package for the review and approval by the American Bureau of Shipping and the United States Coast Guard. The barge is designed with a philosophy of utilizing proven technology. It will be fitted with four 1,350 CBM IMO Type C tanks, utilizing a cargo handling system designed and developed by Wartsila. The barge will use cargo handling equipment for continuous cargo conditioning and to provide multiple levels of redundancy to maintain the LNG cargo’s pressure and temperature.

The barge dimensions will be 340 ft overall length, 66 ft beam, and have a depth of 32 ft-10 in. This project plays a key role in strengthening the US’ bunkering capability to provide LNG as a marine fuel to domestic and foreign LNG fuelled vessels operating in US ports. It will be the largest capacity LNG Jones Act bunker barge designed and built to date.

Source : Strategic Research Institute
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ADNOC LNG Signs Agreements with BP and Total

ADNOC LNG has concluded supply agreements with subsidiaries of BP and TOTAL, effectively booking out the majority of its LNG production through Q1 2022. With the transactions, ADNOC LNG has continued to expand its footprint into new regions and markets. These agreements are milestones in ADNOC LNG’s successful transition to a multi-customer marketing strategy that began just eight months ago in April 2019. Since then, ADNOC has shifted from supplying 90% of its LNG molecules to a single utility customer in Japan, which remains an important customer for ADNOC LNG, to supplying 90% of its LNG molecules to a range of clients and receiving terminals in more than eight countries across southern and southeast Asia including India, China, South Korea and Taiwan.

ADNOC LNG produces about 6 million tons per annum of LNG from its facilities on Das Island off the coast of Abu Dhabi and is one of the world’s most reliable producers of the super cooled liquefied gas. ADNOC was the first LNG exporter in the Middle East and has been a reliable supplier of gas to global markets for over 40 years. Abu Dhabi’s strategic geographical location gives ADNOC advantaged access to growth markets in the Middle East and Asia, which are expected to drive significant gas demand in the near and long-term future.

ADNOC LNG is majority owned by ADNOC, which has a 70% share of the company. Additional shareholders are Mitsui & Co (15%), BP (10%), and TOTAL (5%).

Source : Strategic Research Institute
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PGNiG to Terminate Yamal Contract with Gazprom in 2022 End

Polskie Gornictwo Naftowe i Gazownictwo SA announced that on November 15th 2019 it notified PAO Gazprom and OOO Gazprom Export of its intent to terminate the contract for purchase and sale of natural gas to the Republic of Poland, concluded on September 25th 1996, with effect from December 31st 2022. Mr Piotr Wozniak, President of the PGNiG Management Board, said “In line with the Republic of Poland’s aspiration to achieve security of energy supplies and seeking to deliver the PGNiG Group’s current strategy, over the past four years we have taken a number of important steps to diversify the sources of natural gas supply to Poland. We have concluded long-term LNG supply contracts and have been acquiring natural gas deposits on the Norwegian Continental Shelf, which, combined with the activities of the transmission system operator to expand the gas pipeline system, makes it possible for us to terminate the Yamal Contract on the originally set date.”

In accordance with the provisions of the Yamal Contract, three years prior to its original termination date, ie by December 31st, 2019, the parties are required to submit a declaration whether or not they intend to continue their contractual relationship beyond 2022.

Source : Strategic Research Institute
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Saipem and Daewoo E&C Ink Pact for Onshore LNG Projects

Saipem and Daewoo E&C Co Ltd have signed a strategic agreement for cooperation on targeted worldwide opportunities in the onshore oil and gas industry, with specific emphasis on the LNG sector. By combining both companies’ assets and expertise in engineering, procurement and construction of onshore facilities, the two companies will focus on specific prospects with the target of creating efficiency and value to their customers.

The strategic alliance enhances and capitalizes on complementarity and synergies across the whole EPC value chain and establishes a key player capable of delivering superior solutions in global LNG construction.

Source : Strategic Research Institute
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Volkswagen LNG Car Freighters from January 2020

Volkswagen Group Logistics is the first company to use two car freighters powered by liquefied natural gas in overseas traffic. The two charter ships of Siem Car Carriers were launched last Friday in Xiamen in China. Both ships will replace two of the nine conventional heavy oil-powered cargo ships currently used by Group logistics on the Atlantic between Europe and North America. The SIEM CONFUCIUS will be integrated into this service from January 2020 after its transfer from Asia to Europe. The second ship will start operations in spring 2020 in the same area.

The two technologically advanced ships, each 200 meters long and 38 meters wide, have 13 car decks and a capacity of 7,500 RT, which corresponds to approximately 4,700 vehicles of the Volkswagen Group model mix. So far, only a few smaller ships for rolling cargo have been built with LNG propulsion for short-haul traffic; for overseas vehicle shipments, Group logistics is a pioneer for this type of propulsion.

Both vehicle transporters are powered by a 12,600 kW dual-fuel marine engine with direct injection and exhaust gas treatment from MAN Energy Solutions of the Volkswagen Group. In addition to liquid, deep-frozen natural gas, they can also be operated with environmentally friendly e-gas produced via Power-to-X or biogas. In eco-speed mode, the ships are running 16.5 knots (30.6 km/h). With their two tanks, each holding 1,800 cubic meters, the transporters have similar vehicle capacities and ranges compared to conventional heavy oil-powered ocean freighters.

Source : Strategic Research Institute
'Belegger'
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‘LNG truck emits more nitrogen than diesel truck’

The Dutch authorities are again appropriating a budget for cleaner trucks driving on liquefied natural gas (LNG), but they emit up to five times more nitrogen than diesel trucks. That was the conclusion of some driving tests the Dutch authorities ordered, and that was taken out on Thursday by the European environmental organization, Transport & Environment (T&E). The NGO says that European countries have to stop subsidizing LNG trucks.

‘Alarming results’
According to the driving tests in The Netherlands, LNG trucks are emitting two to five times more nitrogen than the cleanest diesel trucks. Alarming results, says the environmental organization Natuur & Milieu, since the Dutch cabinet of Infrastructure just announced to subsidize those trucks the coming two years.
“We cannot support a fossil fuel that hardly yields any profit for the climate, and that is harmful to nature and the quality of the air,” says a spokesperson.

‘Cleaner’
Liquefied natural gas is considered ‘cleaner’ than diesel, but it still is a fossil fuel. Truck transport should make the transition to renewable energy – using electric or hydrogen vehicles – but until now, LNG is seen as the best alternative for diesel. “LNG, however, is no structural solution,” explains Jan Peter Müller from Müller Fresh Food Logistics in Holten. “The use of LNG is mainly fiscally pushed.” Probably the reason why transport companies still buy new diesel trucks.

The LNG trucks, however, have better results when it comes to CO2 emissions. But, according to the driving tests, they produce almost as many particles as diesel trucks. Compared to CNG (Compressed Natural Gas), LNG has four times more calorific value, requires less bulky storage tanks on board, and gives a higher range, making it more suitable for long-distance transport.

Fiscal reward
Natuur & Milieu pleads for a different way of promoting greener transport, other than subsidizing LNG. “The Ministry of Infrastructure should mainly focus on zero emissions of transport by promoting electric and hydrogen vehicles,” says a spokesperson. “Or by fiscally rewarding the use of renewable gas.”

In Belgium, last year, Shell opened the first of three LNG filling stations for trucks in Herstal, near Liège.

newmobility.news/2019/09/19/lng-truck...
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MOL Group to Build LNG Ferries Sunflower Kurenai and Sunflower Murasaki

Mitsui OSK Lines Ltd and its group company Ferry Sunflower Limited announced plans to construct the first two LNG-fueled ferries in Japan, the Sunflower Kurenai and the Sunflower Murasaki. MOL plans to order the vessels from Mitsubishi Shipbuilding Co Ltd in December. Ferry Sunflower will charter the ferries after delivery and launch them on its Osaka-Beppu route from the end of 2022 through the first half of 2023, as replacements for vessels currently in service.

The ferries will be equipped with high-performance dual fuel engines and will provide passengers with comfortable accommodations and reliable schedules. What's more, they will be quieter than current vessels, ensuring smoother, more relaxing travel. The use of LNG fuel will achieve excellent environmental performance, reducing carbon dioxide emissions by 20% compared to current vessels, and virtually eliminating sulfur oxides emissions.

Source : Strategic Research Institute
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Woodside and BHP Agree Tolling Price for Scarborough Gas

Woodside and BHP have agreed the tolling price for processing gas from the Scarborough offshore field at the Pluto LNG facility on Western Australia's Burrup Peninsula. The tolling price is valid to 31 March 2020. The agreed tolling price is complemented by a comprehensive, non-binding heads of agreement on other tolling terms. The toll is based on BHP maintaining no more than a 25% interest in Scarborough WA-1-R up to final investment decision, subject to BHP's standard pre-emption rights.

Scarborough gas would initially be processed on a deep-water floating production unit and transported through an approximately 430 km pipeline to be processed at the Pluto LNG facility. First LNG from the proposed development is targeted in 2024.

Source : Strategic Research Institute
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Exxon Mobil ziet af van LNG-terminal in Australie

FONDS KOERS VERSCHIL VERSCHIL % BEURS
Exxon Mobil Corp
$ 68,10 -0,61 -0,89 % NYSE

(ABM FN-Dow Jones) Exxon Mobil ziet af van de bouw van een importterminal voor LNG. Dit meldde The Wall Street Journal maandag.

De energiereus meldde maandag dat uit een uitgebreid onderzoek is gebleken dat er niet voldoende interesse in de markt was om het project voor te zetten.

"We waren op zoek naar langetermijncontracten ter ondersteuning van de aanzienlijke investering in deze LNG-importterminal, maar er was onvoldoende belangstelling onder potentiële klanten", zei Exxon Mobil.

Door: ABM Financial News.
info@abmfn.nl
Redactie: +31(0)20 26 28 999

Copyright 2019 Dow Jones & Company, Inc. All rights reserved.
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KLINE and FueLNG ink Pact for LNG-Bunker vessel in Singapore

Kawasaki Kisen Kaisha Ltd and FueLNG Pte Ltd have concluded a ship management agreement for the 7,500CBM LNG-Bunkering Vessel that FueLNG will own, operate and carry out all commercial operations. The partnership will combine K LINE’s extensive ship management and LNG transportation experience with FueLNG's LNG bunkering expertise, which includes more than 160 truck-to-ship LNG bunkering operations conducted to-date. This will provide a reliable, expedient and seamless bunkering process for FueLNG's customers.

The LBV is expected to commence LNG-bunkering service in Singapore, one of world’s largest bunkering ports, in 2H2020 after delivery from Keppel Offshore & Marine’s shipyard where it is being built. This will be the first LNG Bunker Vessel providing ship-to-ship bunkering in Singapore.

Source : Strategic Research Institute
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