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Montevideo, July 21st 2019 - 13:02 UTC

Tag: LNG

  • Wednesday, March 20th 2019 - 08:17 UTC

    Costa Smeralda launched in Finland; first Costa cruise powered by Lng

    Costa Smeralda, which will enter service from October 2019, will be the first Costa ship powered by liquefied natural gas (Lng), the cleanest fossil fuel in the world

    Costa Crociere celebrated the technical launch of the new flagship Costa Smeralda at the Meyer shipyard in Turku, Finland. During the ceremony, the ship officially touched the sea for the first time. The celebration, which saw the participation of the top management of Costa Cruises and the Meyer shipyards, followed the protocol established by the maritime tradition, with the flooding of the basin where the ship has taken shape in recent months.

  • Wednesday, October 3rd 2018 - 08:17 UTC

    Canada's largest private sector project: US$ 32bn LNG export terminal

    The LNG facility will be built in Kitimat, British Columbia. Construction is expected to begin this year, with the LNG export terminal in service by 2024

    A major US$ 31.9bn liquefied natural gas (LNG) project in Canada has received the go-ahead from its partners. The project is a joint venture between Royal Dutch Shell, Malaysia's Petronas, PetroChina, Korea Gas Corporation, and Japan's Mitsubishi Corporation. It is the single largest private sector investment project in Canada's history.

  • Wednesday, December 27th 2017 - 09:29 UTC

    Antarctica cruise revolution: hybrid electric LNG powered icebreaker

    VARD (Vard Holdings Limited), Norwegian subsidiary of the Italian shipbuilder Fincantieri, will build the icebreaker, delivery of which is scheduled for 2021.

    French luxury shipping line Ponant announced a world first with a hybrid electric-LNG powered icebreaker. The luxury vessel promises to deliver around 300 passengers to places never before visited by cruise passengers in ultra-luxury – and with the least damage to the environment.

  • Friday, May 16th 2014 - 11:08 UTC

    Bachelet announces emergency plan to tackle energy shortage with natural gas

    A third LNG terminal will be built and the debt-plagued oil company ENAP is to be bolstered

    President Michelle Bachelet announced on Thursday that Chile would invest 650 million dollars to build a new liquefied natural gas (LNG) terminal and strengthen the state-run oil company in an effort to deal with a mounting power crunch.

  • Tuesday, January 28th 2014 - 05:17 UTC

    Market disruptor: nuclear restarts spells trouble for LNG

    There is a world boom in LNG because of the Japanese demand

    By Nick Cunningham of Oilprice.com - There are two major factors that have emerged in the last five years that have sparked a surge in LNG investments. First is the shale gas “revolution” in the United States, which allowed the U.S. to vault to the top spot in the world for natural gas production.

  • Wednesday, May 15th 2013 - 07:24 UTC

    Uruguay awards French company contract for 1.2bn dollars re-gasification plant

    The plant will have a processing capacity of 10 million LNG cubic metres and should begin production in 2015

    Uruguay awarded French gas and power group GDF Suez SA a contract to build a liquefied natural gas (LNG) re-gasification plant at an estimated cost of 1.125 billion dollars, the government said on Tuesday.

  • Thursday, February 7th 2013 - 21:53 UTC

    Aubrey McClendon and the Destruction of the Natural Gas Market

    McClendon made himself the best paid CEO in the US

    Aubrey McClendon is gone – or at least he's on his way out from Chesapeake energy (CHK). But the destruction of the natural gas market, where he was the ringleader in the shale gas land grab and cratering well price, is his real legacy, and not likely to be recovered from anytime soon. While Aubrey will now go into a very wealthy retirement, he leaves behind a decimated market and a long road to making natural gas a true transition fuel to energy independence and a renewable future.

  • Friday, May 18th 2012 - 22:39 UTC

    Repsol cancels contract to supply Argentina with LNG; YPF ensures supply

    The Spanish company had agreed to provide ten ship loads of LNG this year

    Spain’s Repsol has cancelled its contract to supply Argentina with liquefied natural gas (LNG), just weeks after the country seized control of the company's majority stake in YPF, a document obtained by international news agency Reuters showed.

  • Wednesday, February 15th 2012 - 05:37 UTC

    Red Ensign vessel unloads LNG in Argentina

    British Ruby docked in Ingeniero White

    In the midst of the diplomatic escalation between Argentina and the UK over the Malvinas dispute and the coming 30th anniversary of the Falklands conflict, a red ensign Liquefied Natural Gas Carrier (LNGC) docked in Argentina.

  • Wednesday, November 9th 2011 - 07:09 UTC

    Argentina launches tender for 90 cargoes of LNG in 2012; up 80% from 2011

    Cargoes are to be delivered mainly at the floating Bahia Blanca re-gasification plant

    Argentina's state energy company Enarsa has launched an international tender for the delivery of a more-than-expected 90 cargoes of LNG in 2012 to meet rising energy demand, a source said Tuesday.

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