Petronas News

 

World's First LNG-powered Very Large Containership Delivered

Sep 16, 2020

Hyundai Samho Heavy Industries has delivered the world's first very large containership powered by liquefied natural gas (LNG) to Singapore's Eastern Pacific Shipping (EPS), the South Korean shipbuilder announced Wednesday.The LNG-powered, 14,800 twenty-foot equivalent unit (TEU) capacity CMA CGM Tenere is one of six containerships in a series being built for EPS by Hyundai Samho, a unit of shipbuilding giant Korea Shipbuilding & Offshore Engineering Co…

LNG Carriers Line Up At Malaysia's Bintulu Complex After Maintenance

Sep 03, 2024

A backlog of liquefied natural gas (LNG) tankers is waiting to load at Malaysia's Bintulu terminal this week after outages and maintenance work disrupted production, according to industry sources and shiptracking data.The Bintulu facility in Sarawak…

Plaquemines LNG Plant Nearing Test Mode Startup

Aug 23, 2024

A tanker full of liquefied natural gas (LNG) docked at Venture Global LNG's Plaquemines export plant in Louisiana, according to shipping data from LSEG on Friday, in what energy analysts said was a sign the plant could start up in test mode soon…

Trafigura, Mercuria Switch Bunkering to Mauritius Amid Attacks

Mar 13, 2024

With more ships heading around the Cape of Good Hope due to attacks in the Red Sea region and a shutdown in their main South African bunkering operations, Mercuria and Trafigura have started refuelling services in Mauritius, four sources said…

GAC Expands Operations in East Malaysia

Aug 23, 2023

Shipping and logistics company GAC Malaysia has opened a new office in Kota Kinabalu expanding its presence in the region to provide solutions to the evolving needs of the shipping and energy sectors.The new office, GAC Malaysia’s 14th, will…

Canada's First LNG Terminal in 'Encouraging' Talks with British Columbia on Electrification

Jul 06, 2023

The CEO of LNG Canada, the Shell-led liquefied natural gas export project in British Columbia, said on Thursday discussions with the province about electrifying a second phase of the terminal have been 'encouraging' but building new power transmission infrastructure remains a long way off…

FID Reached for Second Phase of Plaquemines LNG Export Project

Mar 13, 2023

U.S. liquefied natural gas (LNG) company Venture Global LNG said on Monday that it will go forward with the second phase of its Plaquemines LNG export plant in Louisiana after securing $7.8 billion of financing.Phase two's final investment decision…

Fueltrax Announces Expansion in Asia

Feb 03, 2021

Maritime fuel management systems provider Fueltrax said it is expanding its representation in Asia in response to growing demand for its solutions in Southeast Asia and Asia Pacific regions. Joining the company is Faiz Azani, Director of Operations – Southeast Asia…

Petronas Inks 12-yr Contract with K-Line

Feb 18, 2020

Malaysian national oil company Petronas’ subsidiary Petronas LNG Ltd recently signed a 12-year time charter party (TCP)  with a Japanese shipowner Kawasaki Kisen Kaisha Ltd (“K” Line) for two midsized new build LNG vessels.According to the statement…

K Line Orders LNGC with Hudong-Zhonghua

Feb 10, 2020

Japanese shipping company Kawasaki Kisen Kaisha (K Line) has ordered two liquefied natural gas (LNG) carriers with  with Hudong-Zhonghua Shipbuilding backed by long-term contracts with Malaysia's energy giant Petronas.The 12-year contract to charter them to Petronas starts in 2022…

LNGSTS Hits 112 STS LNG Transfers in 2019

Jan 08, 2020

LNGSTS, a unit of Teekay Tankers, has closed the year 2019 with a record number of 112 open water liquefied natural gas (LNG) ship-to-ship (STS) cargo transfers.From November 2018, until July 2019, LNGSTS was the technical and manpower service provider for the largest ever LNG ship-to-ship project…

Petronas in Game for a Third FLNG Unit

Dec 02, 2019

Malaysian oil and gas company Petroliam Nasional Berhad (Petronas) would build a third floating liquefied natural gas (FLNG)unit if there’s a demand.Petronas is the only company to own and operate two FLNGs, namely PFLNG Satu and PFLNG Dua.Bernama reported…

Asian LPG Market to Cross $109Bln by 2024

Nov 11, 2019

The Asian liquefied petroleum gas (LPG) market stood at over $81.4 billion in 2018 and is projected to grow at a CAGR of over 5% to cross $109 billion by 2024, as increasing demand for LPG  as a fuel for power generation in remote and off-grid…

BAM Bags 2nd JV Contract in Canada

Nov 05, 2019

JGC-Fluor joint venture has awarded BJM the contract for the construction of the LNG Canada MOF, a material offloading facility to support the realization of a LNG export facility in Kitimat on the west coast of Canada, British Columbia (approximately 600 km north-west of Vancouver)…

KOMIPO, Petronas Ink LNG MoU

Sep 24, 2019

Korea Midland Power (KOMIPO) has signed a memorandum of understanding (MOU) on business development and cooperation in the fields of liquefied natural gas (LNG) and renewable energy with global energy company Petronas of Malaysia, the state…

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