KBR Inc., the US LNG and energy engineering company, said it was awarded a front end engineering design (FEED) competition contract with South Korea’s Daewoo Shipbuilding and Marine Engineering by Italy’s Eni for the Coral South Floating LNG project offshore Mozambique.
Alaska LNG, the project being developed by BP, ConocoPhilips, ExxonMobil, TransCanada and the state itself, has filed a preliminary draft resource report with regulators saying the plant will produce an initial 20 million tonnes per annum of LNG.
A new natural gas liquefaction process called KSMR, featuring an SMR-based simple structure and with relatively high efficiency, has been developed by engineers at Korea Gas Corp.
Sonatrach, the forerunner and a major player in the global LNG industry, invested in a new large LNG production Train, the GNL‐3Z project in Algeria, to sustain and increase its export capabilities in a period when very few other LNG projects were awarded.
AIR PRODUCTS signed an agreement to provide two sets of equipment and processing licenses for Freeport LNG’s export project projects on Quintana Island in Texas. The sale includes two of the Air Products main cryogenic coil wound heat exchangers and the associated equipment and technology for the production of LNG at the facility. The Trains
The US Maritime Administration (MARAD) has published a study on LNG use as a marine fuel and the related infrastructure and rules and regulations required as its adoption increases in North America.
Thai energy company PTT is considering building an LNG import terminal in neighbouring Myanmar while it expands its only import facility at Map Ta Phut in the Rayong Province of Thailand to handle growing imports from Qatar and eventually from Mozambique in southeast Africa.
LNG as a fuel will capture a significant market share in the transport sector by 2035 as demand for marine re-fuelling may reach as much as 77 million tonnes per annum and road transport companies will need 96 MTPA for trucks.
Oct 16 (LNGJ) – The LNG Journal East Asian Delivered LNG Indicator Price hit its lowest level since 2009 at $12.30 million British thermal units with European Brent crude oil prices collapsing to $82.85 per barrel. The East Asia LNG price is based on the Japanese Crude Cocktail method of assessing long-term contract cargo prices
