A nuclear-powered LNG carrier could cost roughly 2.5 times as much to build as a conventional vessel, but lower fuel costs could significantly change the economics over the ship’s operating...

The United Kingdom has sanctioned five liquefied natural gas carriers as part of a new package of measures targeting Russia's efforts to expand a maritime "shadow fleet" for LNG exports, including three Russian-built Arc7 ice-class vessels intended to support the Arctic LNG 2 project.

President Donald Trump could unveil plans as soon as Wednesday to tap South Korea's pledged strategic investment package for about $54 billion to build a liquefied natural gas facility in Alaska and several other major US projects, according to two people familiar with the discussions.

When governments talk about reducing dependence on the Strait of Hormuz, the discussion usually turns to pipelines in Saudi Arabia and the United Arab Emirates. For Asian importers, that is only part of the story. The physical bottleneck is in the Persian Gulf, but much of the economic exposure sits thousands of kilometers to the […]

The post Asia can’t just pipeline its way around Hormuz appeared first on Asia Times.

Shareholders in the Shell Plc-led LNG Canada venture greenlit plans to double its liquefied natural gas export capacity, forging ahead with the multibillion-dollar investment as key customers in Asia face the biggest supply shock of recent times.

European imports of liquefied natural gas are rising ahead of the Northern Hemisphere winter, as prolonged disruptions to flows through the Strait of Hormuz threaten to intensify global competition for the fuel.

Gestern Abend habe ich einen russischen Artikel übersetzt, der sehr verständlich erklärt hat, welche Folgen der Öldeal, den die USA Venezuela aufgezwungen haben, für den globalen Ölmarkt und die OPEC haben dürfte. Wer sich mit dem Thema beschäftigt hat und nun die deutschen Medienberichte darüber liest, der merkt mal wieder, wie die Medien die Menschen […]

KARACHI: Pakistan LNG Limited has issued a fresh tender on Wednesday to procure a spot LNG cargo for delivery between September 8 and 12, after rejecting the sole bid received for an earlier delivery window as too expensive. The state-owned buyer turned down an offer from BP Singapore at $26.969 per million British thermal units ... Read more

The post Pakistan floats fresh LNG tender after rejecting costly single bid appeared first on BOL News.

KARACHI: State-run Pakistan LNG Limited (PLL) has issued a fresh tender to procure one spot cargo of liquefied natural gas for delivery between September 4 and 8, as global supply disruptions stemming from the Middle East war continue to strain the country’s gas-fired power generation. PLL invited bids from international suppliers for a single cargo ... Read more

The post Pakistan returns to spot LNG market with fresh tender as power generation takes a hit appeared first on BOL News.