Home Gallery
Oil Drops Friday But Up On The Week | Oil Markets Remain Volatile | Ithaca Energy CEO Passes Away | Oil Set for Fourth Weekly Gain | Oil Clears Early Losses as Dollar and Expirations Impact Trading | Chevron CEO Warns of High Energy Prices | Oil Surged Higher Wednesday | TRC Makes It a Little Harder for Wells to Flare Gas | Oil Up as API Report Shows Inventory Slump | Oil Steady In Wake of Hurricane Nicholas | World Must Wait for Extra Oil | Storms Set to Worsen Global Ship Snarls | Texas May Face Another Hurricane Soon | Tesla Loving Norway Picks Pro Oil Labor | Oil Finishes on a Six Week High | Venezuela Heavy Oil Project Reserves Will be Left Stranded | OPEC Sees Stronger Crude Demand | USA Rig Count Almost Doubles | Oil Jumps as USA Supply Limps Back | Expert Gives Hurricane Affected Asset Warning Advertise with us
 
LNG Worldwide
Members Login
User name    
Password  
Forgot Password?  | 
 
Latest issue of The LNG Markets
---------------------------------------
Highlights of Issue :

A global rebound from Covid-19 combined with extraordinary demand for winter LNG cargoes, lowest EU gas storage level in five years and gas supply trouble in the US- first due to hurricane Ida and now hurricane Nicholas has pushed natural gas and LNG prices to its record high level.
Early in September, Hurricane Ida disrupted sizable feed gas supply in the US and now on Sep 14 hurricane Nicholas knocked out Freeport LNG liquefaction facility on the Texas Gulf Coast.

Kamlesh Trivedi

Editor
kamlesh@lngworldwide.com

 

Trade Overview
Steep rise in winter prices feared by Asian European importers
 
  News

Mitsui O.S.K. to supply four LNG new-build to Novatek in 2024

A subsidiary of Mitsui O.S.K. Lines, Ltd. has signed time charter contracts for four newbuilding LNG carriers with Novatek Gas & Power Asia Pte. Ltd., a wholly owned subsidiary of Russia's Pao Novatek. The vessels will be constructed at Daewoo Shipbuilding & Marine Engineering Co., Ltd. in South Korea and will be delivered in 2024.

The newbuilding LNG carriers are equipped with the cutting-edge MAN Energy Solutions engines, which offer major improvements in fuel efficiency. It also adopts a new design that generates less boil-off gas from cargo tanks through the use of the re-liquefaction unit on board, and a shaft generator system that uses the rotating propeller shaft for power generation. These vessels are considerably more environmentally friendly than current LNG carriers.


 
Copyrights © 2020 LNG World wide. All Rights Reserved
Home | Sitemap | Contact Us