South Korean shipbuilder Hanwha Ocean said on Monday that accelerated scrapping of inefficient steam LNG carriers is driving replacement newbuilding demand.
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Houston-based small-scale LNG player Stabilis Solutions has received a letter of recommendation (LOR) from the US Coast Guard for its planned Galveston liquefaction facility.
Russian liquefied natural gas (LNG) production rose 10.7 percent in the first six months of this year, according to the Russian statistics agency Rosstat.
South Korea's Hanwha Ocean has entered into a non-binding memorandum of understanding with Canada's Kanata Clean Power & Climate Technologies to cooperate on a 12 mtpa floating liquefied natural gas export project planned for Prince Rupert, British Columbia. The project is expected to cost $15.7 billion.
UAE’s Adnoc L&S, a unit of state-owned energy giant Adnoc, is expected to order more liquefied natural gas (LNG) carriers in China and South Korea soon, according to shipbuilding sources.