Regasification

Delfin Enters Strategic Investment Agreement with Mitsui O.S.K. Lines

Retrieved on: 
Thursday, June 8, 2023

HOUSTON, June 08, 2023 (GLOBE NEWSWIRE) -- Delfin Midstream Inc. (“Delfin”) announced today that it has entered into a strategic investment agreement with Mitsui O.S.K. Lines, Ltd. (“MOL”) that accelerates growth and drives future expansion, enabling Delfin to accelerate clean low-cost LNG exports from North America to customers around the world. As part of the agreement, MOL will make an investment in Delfin and a MOL representative will join Delfin’s Board of Directors.

Key Points: 
  • Lines to Make a Strategic Investment in Delfin, Join Board of Directors
    HOUSTON, June 08, 2023 (GLOBE NEWSWIRE) -- Delfin Midstream Inc. (“Delfin”) announced today that it has entered into a strategic investment agreement with Mitsui O.S.K.
  • Lines, Ltd. (“MOL”) that accelerates growth and drives future expansion, enabling Delfin to accelerate clean low-cost LNG exports from North America to customers around the world.
  • As part of the agreement, MOL will make an investment in Delfin and a MOL representative will join Delfin’s Board of Directors.
  • Through this investment agreement, MOL and Delfin aims to solidify their continuing commitment to the success of the Delfin LNG project and set the stage for a promising future in the LNG industry.

New Fortress Energy and Government of Sri Lanka Sign Agreement for LNG Terminal and Gas Supply to Power Plants

Retrieved on: 
Thursday, July 8, 2021

New Fortress Energy Inc. (NASDAQ: NFE) (New Fortress) announced today that it has signed a Framework Agreement (the Agreement) with the Government of Sri Lanka to construct a new offshore liquefied natural gas (LNG) receiving, storage and regasification terminal (the Terminal).

Key Points: 
  • New Fortress Energy Inc. (NASDAQ: NFE) (New Fortress) announced today that it has signed a Framework Agreement (the Agreement) with the Government of Sri Lanka to construct a new offshore liquefied natural gas (LNG) receiving, storage and regasification terminal (the Terminal).
  • The Terminal will be located off the coast of Colombo to supply gas to the countrys power plants, primarily located in the Kerawalapitiya Power Complex.
  • We are excited to support the transition of Sri Lanka to clean, reliable and affordable energy, said Wes Edens, Chairman and CEO of New Fortress Energy.
  • About New Fortress Energy Inc.
    New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to help accelerate the worlds transition to clean energy.

Excelerate Energy's FSRU Exemplar Returns to Bahia Blanca

Retrieved on: 
Wednesday, June 2, 2021

BUENOS AIRES, Argentina, June 2, 2021 /PRNewswire/ --Excelerate Energy L.P. (Excelerate)announced today, the company's floating storage and regasification unit (FSRU) the Exemplar has begun operations in Bahia Blanca, a port city located 400 miles south of the Argentine capital Buenos Aires.

Key Points: 
  • BUENOS AIRES, Argentina, June 2, 2021 /PRNewswire/ --Excelerate Energy L.P. (Excelerate)announced today, the company's floating storage and regasification unit (FSRU) the Exemplar has begun operations in Bahia Blanca, a port city located 400 miles south of the Argentine capital Buenos Aires.
  • The return of Excelerate's FSRU comes after the company won an international, competitive tender for seasonal regasification service in Bahia Blanca earlier this month.
  • Excelerate developed the Bahia Blanca GasPort, South America's first LNG import terminal in 2008 and has also operated GNL Escobar, an LNG import terminal along the Paran River, since 2011.
  • Excelerate offers a full range of floating regasification services from FSRU to infrastructure development to LNG supply.

Höegh LNG Partners LP - Invitation to Presentation of First Quarter 2021 Results

Retrieved on: 
Thursday, May 20, 2021

b'Hegh LNG Partners LP is a growth-oriented limited partnership formed by Hegh LNG Holdings Ltd. a leading floating LNG service provider.

Key Points: 
  • b'Hegh LNG Partners LP is a growth-oriented limited partnership formed by Hegh LNG Holdings Ltd. a leading floating LNG service provider.
  • HMLP\'s strategy is to own, operate and acquire floating storage and regasification units ("FSRUs") and associated LNG infrastructure assets under long-term charters.
  • It has interests in five FSRUs that have an industry leading average remaining firm contract duration of 8.3 years plus options as of March 31, 2021.\nThe IGB Group, Bryan Degnan, +1 (646) 673-9701 / Leon Berman, +1 (212) 477-8438\n'

Global Oil and Gas Pipeline Market (2021 to 2026) - Growth, Trends, COVID-19 Impact, and Forecasts - ResearchAndMarkets.com

Retrieved on: 
Friday, April 23, 2021

b"Natural gas consumption has increased significantly reaching 3929 billion cubic meters (bcm) in 2019 owing to the increasing demand for natural gas in multiple industries including power generation and transportation.

Key Points: 
  • b"Natural gas consumption has increased significantly reaching 3929 billion cubic meters (bcm) in 2019 owing to the increasing demand for natural gas in multiple industries including power generation and transportation.
  • According to the IEA, China is expected to contribute 30% of the world's energy increase until 2025.
  • In the annual budget of 2021, the Indian government announced a pipeline project for the union territory of Jammu and Kashmir.
  • Apart from this, the nation is aiming to increase the natural gas share to 15% in the energy basket and expecting USD 66 billion investment in building the gas infrastructure, including gas pipeline, CGD, and LNG regasification terminals.\nTherefore, the increasing demand and new pipeline infrastructure in Asia-Pacific are some of the major factors that are driving the oil and gas pipeline market growth.\n"

Eastern Mediterranean Oil and Gas Map: Comprehensive Data, Charts and Illustrations - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 30, 2021

The "Oil and Gas Map of the Eastern Mediterranean, 2nd Edition" map has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Oil and Gas Map of the Eastern Mediterranean, 2nd Edition" map has been added to ResearchAndMarkets.com's offering.
  • The map has comprehensive data, charts and illustrations to give an authoritative analysis of trends in the emerging Eastern Mediterranean oil and gas sector.
  • LNG import regasification terminals by status [existing, under construction and planned]
    LNG export liquefaction plants by status [existing, under construction and planned]

New Fortress Energy Signs Contract to Supply Natural Gas to CFE Power Plants in Baja California Sur

Retrieved on: 
Monday, March 29, 2021

Under the agreement, NFE will provide the equivalent of an estimated 250,000-500,000 gallons of LNG (20,000-40,000 MMBtu) per day to CFEs CTG La Paz and CTG Baja California Sur power plants in Baja California Sur, Mexico.

Key Points: 
  • Under the agreement, NFE will provide the equivalent of an estimated 250,000-500,000 gallons of LNG (20,000-40,000 MMBtu) per day to CFEs CTG La Paz and CTG Baja California Sur power plants in Baja California Sur, Mexico.
  • This contract will help create significant fuel savings and emissions reductions for the benefit of the people of Baja California Sur.
  • NFE will supply natural gas to the plant via the Companys liquefied natural gas (LNG) receiving and regasification terminal in the port of Pichilingue, Baja California Sur, Mexico.
  • About New Fortress Energy Inc.
    New Fortress Energy is a global energy infrastructure company founded to help accelerate the worlds transition to clean energy.

Excelerate Energy, ExxonMobil, and the Republic of Albania Agree to LNG Terminal Study

Retrieved on: 
Friday, March 12, 2021

Under the MOU, Excelerate will conduct a study to explore the potential of an integrated LNG to power solution that includes developing an LNG import terminal, converting and/or expanding the existing Vlora thermal power plant, and establishing small scale LNG distribution to Albania and the surrounding Balkans region.

Key Points: 
  • Under the MOU, Excelerate will conduct a study to explore the potential of an integrated LNG to power solution that includes developing an LNG import terminal, converting and/or expanding the existing Vlora thermal power plant, and establishing small scale LNG distribution to Albania and the surrounding Balkans region.
  • "We are pleased to work with our partners in developing a reliable and affordable solution for Albania's energy resilience."
  • As the leader in floating LNG regasification solutions, Excelerate Energy has delivered reliable and clean energy to markets across the globe, developing and operating 13 LNG terminals worldwide.
  • Excelerate offers a full range of floating regasification services from FSRU to infrastructure development to LNG supply.

Philippines’ Department of Energy (DOE) Issues AG&P Notice to Proceed for the Philippines LNG (PLNG) Import Terminal in Batangas Bay

Retrieved on: 
Monday, March 8, 2021

Atlantic Gulf & Pacific Company of Manila, Inc. (AG&P) has been issued the Notice to Proceed (NTP) by the Philippines Department of Energy (DOE) for the development of its LNG import and regasification terminal in Batangas Bay on the main island of Luzon, called the Philippines LNG (PLNG).

Key Points: 
  • Atlantic Gulf & Pacific Company of Manila, Inc. (AG&P) has been issued the Notice to Proceed (NTP) by the Philippines Department of Energy (DOE) for the development of its LNG import and regasification terminal in Batangas Bay on the main island of Luzon, called the Philippines LNG (PLNG).
  • PLNG will have the initial capacity to deliver up to 3.0 MTPA of regasified LNG, with additional capacity for liquid distribution.
  • We are excited about this critical step in bringing AG&Ps Philippines LNG Import Terminal online.
  • We salute the Philippines DOE for its professionalism and hard work in evaluating our proposal and granting AG&P the Notice to Proceed.

Höegh LNG Partners LP - Invitation to Presentation of Fourth Quarter 2020 Results

Retrieved on: 
Thursday, February 18, 2021

Hegh LNG Partners LP is a growth-oriented limited partnership formed by Hegh LNG Holdings Ltd. (Oslo Brs ticker: HLNG), a leading floating LNG service provider.

Key Points: 
  • Hegh LNG Partners LP is a growth-oriented limited partnership formed by Hegh LNG Holdings Ltd. (Oslo Brs ticker: HLNG), a leading floating LNG service provider.
  • HMLP's strategy is to own, operate and acquire floating storage and regasification units ("FSRUs") and associated LNG infrastructure assets under long-term charters.
  • It has interests in five FSRUs that have an industry leading average remaining firm contract duration of 8.5 years plus options as of December 31, 2020.
  • The IGB Group, Bryan Degnan, +1 (646) 673-9701 / Leon Berman, +1 (212) 477-8438