Liquefied Natural Ga (LNGLY) 3.4000 $LNGLY
Bechtel Produces Liquefied Natural Gas from GLNG Train 2
PR Newswire - Wed May 25, 6:57PM CDT
Bechtel has announced that GLNG Project Train 2, the fifth of six production trains on Curtis Island, has successfully begun producing liquefied natural gas (LNG). The three LNG projects continue smooth transition towards operations with just one train on the Australia Pacific LNG (APLNG) project to complete commissioning and startup before the entire program moves into long-term operations, producing more than 25 million tonnes of LNG per annum.
Platts JKM(TM) for June-Delivered LNG Drops 37.4% Year Over Year
PR Newswire - Wed May 25, 10:24AM CDT
Prices of spot liquefied natural gas (LNG) for delivery to northeast Asia averaged $4.461 per million British thermal units (/MMBtu) for June, according to the latest S&P Global Platts Japan/Korea Marker (Platts JKM(TM)) data for month-ahead delivery.
SPGI: 110.04 (+0.42)
Fortis Enters Into Liquefied Natural Gas Supply Agreement With Hawaiian Electric
Marketwired - Thu May 19, 6:42AM CDT
Twenty-year agreement would see Hawaiian Electric Companies Inc. import 800,000 metric tons of liquefied natural gas annually from the Tilbury liquefied natural gas facility in Delta, British Columbia
FTS.TO: 41.92 (+0.37)
Small Scale Liquefied Natural Gas (LNG) Market 2016-2026: Liquefaction, Regasification, Satellite Station, Bunkering, Fuelling Station and Small Scale LNG Carriers Forecasts
PR Newswire - Tue May 10, 6:50PM CDT
Report DetailsThe small scale LNG market is entering a period of significant investment, with high levels of spending expected in both mature and emerging markets. The traditionally dominant liquefaction and regasification markets will see high levels of investment in the first years of the forecast period, but growth is also expected in the historically less developed LNG fuelling station and bunkering submarkets. The growing demand for LNG as a fuel, and as a means to supply isolated and small demand centres, will contribute to high levels of capital spending as the reach and applications of the small scale LNG supply chain continue to expand.
Floating Liquefied Natural Gas (FLNG) Market 2015-2025 : CAPEX Prospects for LNG FPSOs & FSRUs in a Lower Oil Price Climate
PR Newswire - Thu Apr 28, 2:50PM CDT
Report DetailsThe global market for floating liquefied natural gas (FLNG) can be divided into two distinct areas: the LNG FPSOs (Liquefied Natural Gas Floating Production Storage and Offloading Vessel) and FSRUs (Floating Storage and Regasification Units). This report addresses both of these markets, quantifying the opportunity for growth expected over the next ten years. Traditionally, LNG facilities have been built onshore. Rising construction costs, times, and a reluctance to commit to long term facilities have resulted in increasing use of FLNG units as an alternative.
Ledcor-Haisla Limited Partnership Reaches New Milestone on LNG Canada Project
Marketwire Canada - Tue Apr 26, 3:37PM CDT
Canadian construction leader, the Ledcor Group of Companies, is pleased to announce that LNG Canada selected the Ledcor-Haisla Limited Partnership (LHLP) for site preparation activities at their proposed liquefaction and export facility in Kitimat, British Columbia.
Edison Issues ADR Update on Liquefied Natural Gas Ltd
PR Newswire - Tue Apr 26, 9:41AM CDT
Liquefied Natural Gas Ltd (LNGL) has continued to progress the Magnolia project, with EPC contracts signed in recent months that put the project on a much firmer footing and effectively fix costs for the development (now out to 31 December 2016). Although the contracts call for a higher capital cost than previously guided, Magnolia should still be at the lower end of LNG development costs and have lower operating costs, encouraging investment by tolling partners. We expect tolling agreements to be signed in 2016 to enable financial close (the FERC order has just been received). Given the low costs and continued need for global LNG supply, we continue to believe that Magnolia should proceed, albeit in a tougher environment. We have substantially re-modelled the projects given the new information, resulting in a new NAV of A$1.0/share (US$2.8/ADR).
Platts JKM(TM) for May-Delivered LNG Dropped 42.5% Year Over Year
PR Newswire - Sun Apr 24, 10:25PM CDT
Prices of spot market liquefied natural gas (LNG) for delivery to northeast Asia averaged $4.241 per million British thermal units (/MMBtu) for May, according to latest Platts Japan/Korea Marker (Platts JKM(TM)) data for month-ahead delivery.
MHFI: 107.92 (+1.16)
PG&E Gas Safety Leader Austin Hastings Recognized for Outstanding Contributions to Natural Gas Distribution System
BusinessWire - Thu Apr 21, 2:03PM CDT
Pacific Gas and Electric Company (PG&E) is pleased to announce that Austin Hastings, director of codes, standards and training in Gas Operations, was selected as the winner of the Distribution Achievement Award at the American Gas Association's annual Operations Conference. This prestigious award recognizes individuals who have made an outstanding contribution to the distribution of natural gas within the past five years.
PCG: 62.01 (+0.37)
Cryogenic Pump Market by Type, by Gas, by End-User, & by Region - Global Trends & Forecasts to 2021
PR Newswire - Tue Apr 19, 4:13PM CDT
"Cryogenic pump market is projected to reach USD 1.96 billion by 2021."The cryogenic pump market is expected to reach USD 1.96 billion by 2021, at a CAGR of 3.28% from 2016 to 2021. Liquefied Natural Gas (LNG) being a low emission fuel has been favored by various regulations due to environmental concerns. Hence, increasing demand for gas-based generation has been boosting the demand for cryogenic pumps. In addition, end-use industries such as energy & power, chemicals, metallurgy, and food & beverage are deploying cryogenic pumps for production and transportation of cryogenic liquids such as LNG, nitrogen, oxygen, argon, and helium.
As the Liquefied Natural Gas Market Heats Up, RedVector Releases a New LNG Training Series
PRWeb - Fri Apr 08, 12:30PM CDT
RedVector, the leader in eLearning and workforce training solutions for the architecture, engineering, construction, industrial and facility management industries, has announced a new liquefied natural gas training series to address the growing market.
Air Products to Highlight Its World-Leading Liquefied Natural Gas Technology and Equipment at LNG18 Conference in Australia
PR Newswire - Mon Mar 28, 9:00AM CDT
Air Products (NYSE:APD), the world's leader in liquefied natural gas (LNG) technology and equipment, will be making a number of technical presentations and exhibiting the company's technology solutions for a full range of LNG plants at the LNG18 International Conference & Exhibition in Perth, Australia, from April 11-15.
APD: 146.89 (+1.64)
Liquefied Natural Gas (LNG) Carrier Market Report 2016-2026: CAPEX Forecasts by Containment System & Constructor Country, Global Fleet & Order Book Analysis, and Shipbuilder & Operator Company Profiles
PR Newswire - Wed Mar 23, 3:07PM CDT
Report DetailsFollowing the Fukushima nuclear disaster and the resulting increase in LNG demand in 2012, the LNG carrier fleet was operating at a 98% utilisation rate and was on occasions able to charge record charter rates for spot cargoes of $150,000/day. Consequently this presented an opportunity for a profitable investment in LNG carriers. However, the delivery of significant numbers of carriers in 2013 and 2014, in combination with the delay of several liquefaction projects and slowing LNG demand in Asia, has led to a rapid decrease of charter rates to around $80,000/day in 2014. 2015 saw further dramatic decrease, and charter rates were more than halved by Q2 2015 to an average of $30,000/day as a result of fall in demand. Long term and spot charter rates in September were below $40,000/day and $25,000/day, respectively. In consequence, charter utilization rates have also fallen below 90%.
KBR Wins Multi-Phased Contract for Front-End Engineering and Design for Woodfibre LNG Project
GlobeNewswire - Mon Mar 21, 6:00AM CDT
KBR, Inc. (NYSE:KBR) announced today it has been awarded a multi-phased contract for Front-End Engineering and Design (FEED) for the Woodfibre Liquefied Natural Gas (LNG) Project. The Woodfibre LNG Project is located in the District of Squamish near Vancouver, British Columbia, Canada.
KBR: 15.47 (+0.20)
Platts JKM(TM) for April-Delivered LNG Down 38.7% Year Over Year
PR Newswire - Fri Mar 18, 4:10PM CDT
Prices of spot liquefied natural gas (LNG) for delivery to northeast Asia averaged $4.460 per million British thermal units (/MMBtu) for April, according to latest Platts Japan/Korea Marker (Platts JKM(TM)) data for month-ahead delivery.
MHFI: 107.92 (+1.16)
800 Commerce Inc. Announces Update and Filing of Name Change to Petrogress, Inc.
Marketwired - Thu Mar 17, 7:31AM CDT
800 Commerce Inc. (OTC PINK: ETHG) (www.800Commerce.com), a fully reporting company, today announced that the Company has filed all necessary documents for the name change to "Petrogress, Inc." on behalf of the public parent Company with FINRA and the state of Florida. 800 Commerce Inc., on February 29th, 2016, acquired 100% of Petrogres Co. Limited, (www.petrogres.com) including its logistics-sea transport and Liquefied Natural Gas trading subsidiaries.
Bechtel Produces Liquefied Natural Gas from GLNG Train 2
PR Newswire - Wed May 25, 6:57PM CDT
Bechtel has announced that GLNG Project Train 2, the fifth of six production trains on Curtis Island, has successfully begun producing liquefied natural gas (LNG). The three LNG projects continue smooth transition towards operations with just one train on the Australia Pacific LNG (APLNG) project to complete commissioning and startup before the entire program moves into long-term operations, producing more than 25 million tonnes of LNG per annum.
Platts JKM(TM) for June-Delivered LNG Drops 37.4% Year Over Year
PR Newswire - Wed May 25, 10:24AM CDT
Prices of spot liquefied natural gas (LNG) for delivery to northeast Asia averaged $4.461 per million British thermal units (/MMBtu) for June, according to the latest S&P Global Platts Japan/Korea Marker (Platts JKM(TM)) data for month-ahead delivery.
SPGI: 110.04 (+0.42)
Fortis Enters Into Liquefied Natural Gas Supply Agreement With Hawaiian Electric
Marketwired - Thu May 19, 6:42AM CDT
Twenty-year agreement would see Hawaiian Electric Companies Inc. import 800,000 metric tons of liquefied natural gas annually from the Tilbury liquefied natural gas facility in Delta, British Columbia
FTS.TO: 41.92 (+0.37)
Small Scale Liquefied Natural Gas (LNG) Market 2016-2026: Liquefaction, Regasification, Satellite Station, Bunkering, Fuelling Station and Small Scale LNG Carriers Forecasts
PR Newswire - Tue May 10, 6:50PM CDT
Report DetailsThe small scale LNG market is entering a period of significant investment, with high levels of spending expected in both mature and emerging markets. The traditionally dominant liquefaction and regasification markets will see high levels of investment in the first years of the forecast period, but growth is also expected in the historically less developed LNG fuelling station and bunkering submarkets. The growing demand for LNG as a fuel, and as a means to supply isolated and small demand centres, will contribute to high levels of capital spending as the reach and applications of the small scale LNG supply chain continue to expand.
Floating Liquefied Natural Gas (FLNG) Market 2015-2025 : CAPEX Prospects for LNG FPSOs & FSRUs in a Lower Oil Price Climate
PR Newswire - Thu Apr 28, 2:50PM CDT
Report DetailsThe global market for floating liquefied natural gas (FLNG) can be divided into two distinct areas: the LNG FPSOs (Liquefied Natural Gas Floating Production Storage and Offloading Vessel) and FSRUs (Floating Storage and Regasification Units). This report addresses both of these markets, quantifying the opportunity for growth expected over the next ten years. Traditionally, LNG facilities have been built onshore. Rising construction costs, times, and a reluctance to commit to long term facilities have resulted in increasing use of FLNG units as an alternative.
Ledcor-Haisla Limited Partnership Reaches New Milestone on LNG Canada Project
Marketwire Canada - Tue Apr 26, 3:37PM CDT
Canadian construction leader, the Ledcor Group of Companies, is pleased to announce that LNG Canada selected the Ledcor-Haisla Limited Partnership (LHLP) for site preparation activities at their proposed liquefaction and export facility in Kitimat, British Columbia.
Edison Issues ADR Update on Liquefied Natural Gas Ltd
PR Newswire - Tue Apr 26, 9:41AM CDT
Liquefied Natural Gas Ltd (LNGL) has continued to progress the Magnolia project, with EPC contracts signed in recent months that put the project on a much firmer footing and effectively fix costs for the development (now out to 31 December 2016). Although the contracts call for a higher capital cost than previously guided, Magnolia should still be at the lower end of LNG development costs and have lower operating costs, encouraging investment by tolling partners. We expect tolling agreements to be signed in 2016 to enable financial close (the FERC order has just been received). Given the low costs and continued need for global LNG supply, we continue to believe that Magnolia should proceed, albeit in a tougher environment. We have substantially re-modelled the projects given the new information, resulting in a new NAV of A$1.0/share (US$2.8/ADR).
Platts JKM(TM) for May-Delivered LNG Dropped 42.5% Year Over Year
PR Newswire - Sun Apr 24, 10:25PM CDT
Prices of spot market liquefied natural gas (LNG) for delivery to northeast Asia averaged $4.241 per million British thermal units (/MMBtu) for May, according to latest Platts Japan/Korea Marker (Platts JKM(TM)) data for month-ahead delivery.
MHFI: 107.92 (+1.16)
PG&E Gas Safety Leader Austin Hastings Recognized for Outstanding Contributions to Natural Gas Distribution System
BusinessWire - Thu Apr 21, 2:03PM CDT
Pacific Gas and Electric Company (PG&E) is pleased to announce that Austin Hastings, director of codes, standards and training in Gas Operations, was selected as the winner of the Distribution Achievement Award at the American Gas Association's annual Operations Conference. This prestigious award recognizes individuals who have made an outstanding contribution to the distribution of natural gas within the past five years.
PCG: 62.01 (+0.37)
Cryogenic Pump Market by Type, by Gas, by End-User, & by Region - Global Trends & Forecasts to 2021
PR Newswire - Tue Apr 19, 4:13PM CDT
"Cryogenic pump market is projected to reach USD 1.96 billion by 2021."The cryogenic pump market is expected to reach USD 1.96 billion by 2021, at a CAGR of 3.28% from 2016 to 2021. Liquefied Natural Gas (LNG) being a low emission fuel has been favored by various regulations due to environmental concerns. Hence, increasing demand for gas-based generation has been boosting the demand for cryogenic pumps. In addition, end-use industries such as energy & power, chemicals, metallurgy, and food & beverage are deploying cryogenic pumps for production and transportation of cryogenic liquids such as LNG, nitrogen, oxygen, argon, and helium.
As the Liquefied Natural Gas Market Heats Up, RedVector Releases a New LNG Training Series
PRWeb - Fri Apr 08, 12:30PM CDT
RedVector, the leader in eLearning and workforce training solutions for the architecture, engineering, construction, industrial and facility management industries, has announced a new liquefied natural gas training series to address the growing market.
Air Products to Highlight Its World-Leading Liquefied Natural Gas Technology and Equipment at LNG18 Conference in Australia
PR Newswire - Mon Mar 28, 9:00AM CDT
Air Products (NYSE:APD), the world's leader in liquefied natural gas (LNG) technology and equipment, will be making a number of technical presentations and exhibiting the company's technology solutions for a full range of LNG plants at the LNG18 International Conference & Exhibition in Perth, Australia, from April 11-15.
APD: 146.89 (+1.64)
Liquefied Natural Gas (LNG) Carrier Market Report 2016-2026: CAPEX Forecasts by Containment System & Constructor Country, Global Fleet & Order Book Analysis, and Shipbuilder & Operator Company Profiles
PR Newswire - Wed Mar 23, 3:07PM CDT
Report DetailsFollowing the Fukushima nuclear disaster and the resulting increase in LNG demand in 2012, the LNG carrier fleet was operating at a 98% utilisation rate and was on occasions able to charge record charter rates for spot cargoes of $150,000/day. Consequently this presented an opportunity for a profitable investment in LNG carriers. However, the delivery of significant numbers of carriers in 2013 and 2014, in combination with the delay of several liquefaction projects and slowing LNG demand in Asia, has led to a rapid decrease of charter rates to around $80,000/day in 2014. 2015 saw further dramatic decrease, and charter rates were more than halved by Q2 2015 to an average of $30,000/day as a result of fall in demand. Long term and spot charter rates in September were below $40,000/day and $25,000/day, respectively. In consequence, charter utilization rates have also fallen below 90%.
KBR Wins Multi-Phased Contract for Front-End Engineering and Design for Woodfibre LNG Project
GlobeNewswire - Mon Mar 21, 6:00AM CDT
KBR, Inc. (NYSE:KBR) announced today it has been awarded a multi-phased contract for Front-End Engineering and Design (FEED) for the Woodfibre Liquefied Natural Gas (LNG) Project. The Woodfibre LNG Project is located in the District of Squamish near Vancouver, British Columbia, Canada.
KBR: 15.47 (+0.20)
Platts JKM(TM) for April-Delivered LNG Down 38.7% Year Over Year
PR Newswire - Fri Mar 18, 4:10PM CDT
Prices of spot liquefied natural gas (LNG) for delivery to northeast Asia averaged $4.460 per million British thermal units (/MMBtu) for April, according to latest Platts Japan/Korea Marker (Platts JKM(TM)) data for month-ahead delivery.
MHFI: 107.92 (+1.16)
800 Commerce Inc. Announces Update and Filing of Name Change to Petrogress, Inc.
Marketwired - Thu Mar 17, 7:31AM CDT
800 Commerce Inc. (OTC PINK: ETHG) (www.800Commerce.com), a fully reporting company, today announced that the Company has filed all necessary documents for the name change to "Petrogress, Inc." on behalf of the public parent Company with FINRA and the state of Florida. 800 Commerce Inc., on February 29th, 2016, acquired 100% of Petrogres Co. Limited, (www.petrogres.com) including its logistics-sea transport and Liquefied Natural Gas trading subsidiaries.
