New LNG Terminals Get Smaller

by Julie Gordon (Reuters) - The liquefied natural gas market is growing every year, but the LNG terminals that ship and receive the fuel are shrinking. The booming sector’s next-generation infrastructure is being designed for a emerging-market buyers that want smaller volumes on shorter, more flexible contracts. LNG export terminals, where the gas is liquefied and put on … [Read more...]

New LNG Import Terminal to be Constructed in Finland

Scandinavian LNG supplier Skangass announced today a final investment decision has been made to construct a liquefied natural gas (LNG) import terminal at the Port of Röyttä in Tornio, Finland. The new import terminal will have a storage capacity of fifty thousand cubic meters and will cost approximately 100 million euros, according to terminal owner Manga LNG, a company … [Read more...]

Sembcorp Invests in Gravity-Based LNG Terminal Concept

Singapore-based shipbuilder Sembcorp Marine announced today a $4 million investment to acquire a 12 percent stake in GraviFloat AS, a Bergen-based firm that has developed a modularized, re-deployable gravity-based LNG/LPG terminal concept. GraviFloat's terminals can be designed as either LNG import/regasification or export/liquefaction terminals, as a mobile unit for … [Read more...]

Petrobras, Mitsui To Study LNG Import Terminal In Brazil’s South

RIO DE JANEIRO, April 16 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA and Japanese trading house Mitsui Corp will study building a liquefied natural gas (LNG) terminal in the country's southernmost state, Rio Grande do Sul, to supply more fuel for local manufacturers and power generators. Petrobras, as the company is known, announced the plan in a … [Read more...]

US Approves LNG Exports from Oregon Terminal

By Jim Snyder March 24 (Bloomberg) -- Jordan Cove Energy Project LP won U.S. approval to export natural gas from a terminal in Oregon as momentum builds in Washington to sell more domestic energy resources overseas in response to the turmoil in Ukraine. President Barack Obama’s administration has approved seven export-terminal applications that would export about 9.3 … [Read more...]