
Europe dominates LNG import story in 2019
Global LNG production jumped in 2019, triggering oversupply and low prices that are expected to persist in 2020, according to Ed Cox, Editor, Global LNG at ICIS.
Browse the latest tanks & terminals news and articles.

Global LNG production jumped in 2019, triggering oversupply and low prices that are expected to persist in 2020, according to Ed Cox, Editor, Global LNG at ICIS.

Eni and its partners in Nigeria LNG have reached an FID for the plant expansion project, aimed at raising capacity to over 30 million tpy.

Train 2 and Train 3 at the Cameron LNG facility are expected to start commercial operations in 1Q20 and 3Q20, respectively.

Vopak has completed the divestment of its 49% equity share in the joint venture Vopak SDIC Yangpu Terminal.

McDermott, Chiyoda, and Zachry Group have announced first cargo from Freeport LNG’s Train 2.

Burckhardt Compression sells its first high-speed compressor for underground gas storage application in Europe.

Pavilion Energy and Total Marine Fuels Global Solutions have affirmed their partnership in LNG bunkering.

The services of The Sniffers will be added to Intero’s current inspection and industrial services portfolio.

Wood Mackenzie research shows that Northwest Europe needs more regasification capacity in order to meet the region’s growing demand.

Fluor has announced that Stork has been awarded a construction contract for HES Hartel Tank Terminal in the Netherlands.

GPS has announced the opening of its expanded gasoline, gasoline components and biofuels storage and blending facility in the Port of Amsterdam.

GlobalData has reported that Ocean LNG leads global long-term LNG contracted capacity signed by purchasing companies in 2019.