Tankers

Höegh LNG’s Independence, left, a floating storage and regasification unit (FSRU) operating in Klaipeda, Lithuania, connects to the company’s Arctic Princess LNG carrier. As European countries cut off imports of pipelined Russian gas in response to that country’s invasion of Ukraine, shipments of LNG have increased and FSRUs have been relied on to compensate for a shortage of LNG import facilities on the continent. (Source: Höegh LNG)

Investment , Liquefied Natural Gas (LNG) , Natural Gas , Trade , Legislation , International , Tankers , Pipelines

War’s Scrambling of Gas Markets May Prompt Investors to Return to Energy

Europe’s rejection of Russian natural gas could translate into a boom in infrastructure to meet demand.

May 10, 2022

Liquefied Natural Gas (LNG) , Natural Gas , Imports , International , Infrastructure , Tankers

Germany Ramps Up Capacity for LNG Imports to Replace Russian Gas

North Sea port is designated as a hub as four FSRUs are secured.

May 5, 2022

Uncertainty over long-term demand forecasts is hindering investment in LNG assets. (Source: Mark Anthony Ray/Shutterstock.com)

Investment , Liquefied Natural Gas (LNG) , International , Emissions , Tankers , Construction

Dicey Long-term Natural Gas Outlook Stifles LNG Investment

Uncertainty hovers over long-term natural gas demand forecasts, particularly in Europe, says Bechtel executive.

April 25, 2022

Golden Pass LNG in Sabine Pass, Texas, is among the permitted projects on the Gulf Coast; a swarm of LNG tankers can be seen delivering to Europe on Rextag’s DataLink program; an LNG tanker anchors at a small gas terminal island at Salamina, Greece. (Source: Hart Energy; images from Hart Energy, Rextag, Aerial-motion/Shutterstock.com)

Liquefied Natural Gas (LNG) , Trade , International , Tankers , Construction

Biden’s LNG Deal: Where Do Tankers Go from Here?

An agreement to supply Europe with more LNG includes a pledge to reduce demand for oil and gas; but does it also mean a green light for Gulf Coast export terminals?

April 5, 2022

Crude Oil , Trade , Tankers

Egypt’s Suez Canal Increases Tolls for Laden Crude Oil Tankers

The changes come “in line with the significant growth in global trade, the improvement of ships’ economics, the Suez Canal waterway development and the enhancement of the transit service.”

March 22, 2022

Liquefied Natural Gas (LNG) , Tankers

First LNG Cargo Departs from Venture Global’s Louisiana Plant

Venture Global started producing LNG in January at Calcasieu, where it is installing 18 modular liquefaction trains to produce about 10 mtpa of LNG, equivalent to about 1.5 Bcf/d of natural gas.

March 1, 2022

Liquefied Natural Gas (LNG) , Tankers , Pipelines

Feed to US LNG Export Plants Soars as 7th Terminal Loads First Cargo

Venture Global received permission on Feb. 11 from federal energy regulators to load LNG on the first commissioning vessel at its Calcasieu Pass export plant in Louisiana.

February 15, 2022