rss icon Subscribe
desktop mobile

Yamal LNG Reaches Bangladesh

Eduard Toll. Image: Teekay

Laxman Pai

Novatek has announced the delivery of liquefied natural gas (LNG) cargo from Russia's Yamal LNG project to Bangladesh in accordance with the long-term offtake agreement with Total.

The consignment was delivered along the westbound route via the Suez Canal with transshipment from the ice class Arc7 LNG tanker "Eduard Toll" to a conventional type LNG tanker at the Belgian terminal located at Zeebrugge.

The LNG cargo was unloaded at the Summit LNG Terminal in Bangladesh in accordance with the buyers lifting and delivery schedule.

"LNG demand is constantly growing all over the world with new consumer countries appearing. Bangladesh started importing LNG just a year ago with the launch of the country's first LNG terminal, and it has rapidly increased natural gas consumption as well as regasification capacities," noted Lev Feodosyev, Novatek's First Deputy Chairman of the Management Board.

"The low cost of our LNG and an efficient logistical model allow us to deliver LNG and successfully develop new markets around the world," he added.

Novatek has a 50.1% interest in Yamal LNG while Total and CNPC each hold a 20% interest. The remaining 9.9% is owned by Silk Road Fund.

Dec 2, 2019

 

Tankers

Torm Orders LR2 Newbuilds from GSI

(Photo: TORM)

Danish product tanker company TORM announced on Thursday it has entered into a deal to purchase a

Chembulk Tankers Announces Leadership Changes

Bart B. Kelleher has taken over as CEO of Chembulk Tankers (Photo: Chembulk Tankers)

Chembulk Tankers announced on Wednseday that Bart B. Kelleher has taken over as Chief Executive

South Korea Anti-piracy Unit Heading to the Strait of Hormuz

© Nicolas Parneix / Adobe Stock

South Korea's military said on Tuesday it plans to expand the deployment of an anti-piracy unit

LNG

Wärtsilä to Equip LNG-fueled RoLo Newbuilds

Three LNG-fueled short-sea vessels for Bore Ltd will be equipped with optimized Wärtsilä integrated LNG systems. (Image: Conoship/Bore)

Wärtsilä announced on Friday that it will supply the main equipment for three liquefied natural

Annova LNG Sign Deal with Enbridge

Image: Annova LNG

Houston liquefied natural gas company Annova LNG has signed a 20-year supply deal with Enbridge

OSV Orion Fueled with LNG in Germany

Second ship-to-ship LNG bunkering operation carried out in Germany and the first in the Port of Rostock (Source: Nauticor)

The world’s largest LNG bunker vessel ‘Kairos’, operated by Nauticor, has supplied DEME’s next

Maritime Apps