Petrobangla Gets 1st Q-Flex LNG cargo from Qatargas
Qatargas made its first liquefied natural gas (LNG) cargo delivery (LNG) on a Q-Flex vessel to the Floating Storage and Regasification Unit (FSRU) named ‘Excellence’ and known as Moheshkali LNG Terminal (MLNG)…
LNG Market Recovers in Q2, Says Flex LNG
During the second quarter 2019, spot liquefied natural gas (LNG) freight rates stabilized and started gradually to recover, says Flex LNG, the owner of LNG carrier vessels and floating storage regasification…
Qatargas Delivers First Q-Flex LNG Cargo
The world’s largest liquefied natural gas (LNG) producer Qatargas Operating Company Limited (Qatargas) has delivered the first LNG cargo onboard a Q-Flex vessel to Greece’s Revithoussa LNG terminal.Doha-based…
Flex LNG Bags Charter Deal
UK-based Flex LNG has entered into a time-charter agreement with an international energy major for one of its liquefied natural gas (LNG) carriers.A press release from the owner and operator in LNG shipping…
LNG Rates Hit Record in 4Q: Flex LNG
During the fourth quarter ended December 31, 2018, spot LNG rates reached record levels as market players were positioning themselves ahead of the winter season, said Flex LNG.According to the UK-based provider…
LNG Shipping Market in Recovery Stage: Flex LNG
Norwegian-born billionaire John Fredriksen-owned LNG shipper Flex LNG believes that the LNG market is in the early stages of a multi-year recovery.According to a report by Flex LNG, the market for seaborne…
Hoegh Backs Out of Chile LNG Project but Buoyant on Market
Hoegh LNG said on Thursday it had let agreements lapse in Chile that tied one of its floating liquefied natural gas (LNG) import vessels to a project there because approvals for the initiative were likely…
For the Global LNG Industry, is the FSRU Honeymoon Over?
A giant vessel docked at the port of Moheshkhali in Bangladesh two months ago, propelling the populous but poor nation into the fast-expanding club of liquefied natural gas (LNG) buyers.The Excellence is the…
Flex LNG Steers Away From Floating Units as Challenges Emerge
Flex LNG, a liquefied natural gas shipping company and part of the nautical empire of Norwegian billionaire John Fredriksen, has dropped its interest in operating floating regasification units due to project failures and low returns.
Singapore’s Survivability
Singapore’s shipyards are looking to recent investments in capacity, design and newly acquired technology to combat order declines after a decades-long offshore buildup. Sembcorp and peer Keppel are making…
NextDecade in FSRU Deal with Flex LNG
NextDecade Global Solutions, a subsidiary of NextDecade, LLC, and FLEX LNG have signed a Heads of Agreement (HOA) to create a full value chain solution for customers looking to purchase LNG from NextDecade’s Rio Grande LNG export project in Brownsville…
Qatargas, PETRONAS Ink LNG Deal
Qatargas signed a new five-year liquefied natural gas (LNG) Sale and Purchase Agreement with PETRONAS LNG UK Limited. Under the terms of the new SPA, Qatargas will deliver LNG to PLUK until 31 December 2023…
Qatargas, RWE Ink SPA Deal for LNG Deliveries
Qatargas, the World’s Premier LNG Company, today announced a flexible Sale and Purchase Agreement (SPA) with RWE Supply Trading (RWEST), a leading European electricity and gas company. Qatargas will deliver…
Qatargas Delivers 1st Spot LNG Cargo to JERA
Qatargas Operating Company Limited (Qatargas) agreed with Japan’s newly established JERA Co. Inc. on the first spot Liquefied Natural Gas (LNG) cargo purchase under the newly executed Master Sales and Purchase agreement between the two companies.
Qatargas Delivers First LNG Cargo Under PSO Deal
Qatargas delivered its first Liquefied Natural Gas (LNG) cargo under a new long term supply agreement with Pakistan State Oil Company (PSO) to Port Qasim, Pakistan. The cargo was loaded onto Al Gattara, a chartered Qatargas LNG Vessel…
As Freight Rates Fall, LNG Shippers Brace Consolidation
Faltering LNG demand, growing tanker fleet drag on freight rates. Shippers who ply the seas to deliver liquefied natural gas (LNG) in massive tankers are likely to face a wave of consolidation and asset sales…
EXMAR, FLEX LNG, GEVERAN Cancel Merger
EXMAR refers to previous announcement of 1 July, 2015 that EXMAR NV, FLEX LNG Ltd. and GEVERAN Trading Co. Ltd. had agreed on the main terms for a transaction whereby EXMAR’s LNG and Liquefied Natural Gas…
