General – LNG and Hydrogen Engine
Hyundai Heavy Industries Group has developed what it says is the first LNG and hydrogen engine in South Korea.
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Equinor and partners to invest $1.3 bln in LNG upgrade
General – LNG
Equinor and its partners in the Arctic Snoehvit gas field will invest 13.2 billion Norwegian crowns ($1.34 billion) to upgrade the Hammerfest liquefied natural gas plant.
[Read more…] about Equinor and partners to invest $1.3 bln in LNG upgradeChina shipyards feast on record LNG tanker orders
General – LNG
China is making fast inroads in the market for new build liquefied natural gas (LNG) tankers as local and foreign shipowners turn to its shipbuilders for the speciality vessels because long dominant yards in South Korea are fully booked.
[Read more…] about China shipyards feast on record LNG tanker ordersEurope imports record amount of liquefied natural gas from Russia
General – LNG Import
European countries’ imports of Russian LNG increased more than 40 percent between January and October this year (17.8 billion cubic meters) compared to the same period in 2021.
Russian LNG is not subject to sanctions by the EU.
In fact, Russian gas is considered essential to the energy security of some European countries. Yet there is nothing to stop Putin from cutting back on these gas supplies as well in retaliation for anti-Russian measures by the West. This could still force the EU to purchase the gas on the more expensive spot market.
France, Belgium, Spain, and the Netherlands accounted for almost all volumes.
Most Russian LNG is supplied by the Yamal LNG joint venture, which has Russian gas producer Novatek as its main shareholder. French energy giant Total is also in Yamal LNG, by the way.
This proves how difficult it is for Europe to break away from the Kremlin’s energy apparatus. Despite other boycotts of Russian energy products.
Source: Financial Times and Business AM
Shell selected as partner in North Field South LNG project
Fossil Energy – LNG
Shell has been selected to participate in the next wave of Qatar’s LNG expansions – the North Field South project (NFS).
[Read more…] about Shell selected as partner in North Field South LNG projectChina halts LNG sales to foreign buyers to ensure own supply
General – LNG China
China has asked its state-owned gas importers to stop reselling liquefied natural gas (LNG) to buyers in Europe and Asia as it seeks to ensure its own supply for the winter season, Bloomberg News reported on Monday.
[Read more…] about China halts LNG sales to foreign buyers to ensure own supplyEemsEnergyTerminal in Holland ready for gas supply (VIDEO)
General – LNG
Yesterday, the Start Event of EemsEnergyTerminal took place.
[Read more…] about EemsEnergyTerminal in Holland ready for gas supply (VIDEO)