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South Korean Operator Emerges as New Force in Arctic LNG Shipping

New company takes on four Arc4 LNG carriers as Seoul looks to expand Busan’s role in Arctic shipping. A newly established South Korean ship manager is emerging as a potential new player in Arctic LNG shipping, taking control of four ice-class LNG carriers while planning a rapid expansion into the specialized fleet needed to transport gas along Russia’s Northern Sea Route.
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Shadow Fleet Traffic on Northern Sea Route Surges as Arctic Safety Concerns Grow

The number of shadow-fleet vessels carrying Russian oil and LNG through the Northern Sea Route has surged this summer, according to a new analysis by the Bellona Environmental Transparency Center, raising concerns about the ability to respond to accidents in one of the world's most remote shipping environments.
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Trump Set to Tout Korean Investment in Alaska LNG, Other Projects, Sources Say

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.
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Asia can’t just pipeline its way around Hormuz

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.

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Was man in deutschen Medien alles nicht über Trumps Öldeal mit Venezuela erfährt

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 […]
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Pakistan floats fresh LNG tender after rejecting costly single bid

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.

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Pakistan returns to spot LNG market with fresh tender as power generation takes a hit

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.

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