KOGAS to invest 10 tln won by 2025 in LNG, hydrogen projects

The state-run Korea Gas Corp. (KOGAS) said Friday it will invest 10 trillion won (US$8.84 billion) by 2025 to expand its natural gas capacity and infrastructure for hydrogen vehicles and other clean energy sources. KOGAS, the world’s second-largest importer of liquefied natural gas (LNG), unveiled a long-term business plan on the 35th anniversary of its
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– Eco-friendly, fuel-saving technologies support winning LNGC orders, comes with option for two – Growing demand this year hint at more LNGC orders to come Samsung Heavy Industries(“SHI”) revealed on August 17th that it won a newbuilding contract for two 180,000㎥ LNG carriers from a European shipowner Celsius Tankers. The price is 187 million USD
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The LNG carrier Stena Blue Sky was historical when it delivered its cargo to the first privately-owned LNG terminal in China. Chinese gas distributor, ENN invited the LNG carrier to become the first vessel to unload at the new Xin’ao Terminal in Zhoushan, Ninbo region on 8th August 2018. Chinese companies build their own LNG
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State-run Korea Gas Corp (KOGAS) is in talks to buy 12 liquefied natural gas (LNG) cargoes for delivery in the winter months, two industry sources said. The company is still in discussion with sellers and is yet to award the contract, one of the sources familiar with the matter told Reuters. The cargo delivery period
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Europe’s take of US LNG has slumped so far this year to less than 3% of total volume, prompting further talks between the EU and the US later this month to reduce regulation in order to boost US LNG deliveries into Europe and increase the price competitiveness of the region. Europe has received just 474
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NYK has signed a memorandum of understanding with Kyushu Electric Power Co., Saibu Gas Co. and The Chugoku Electric Power Co. for joint discussions on the commercialisation of a new business to supply liquefied natural gas (LNG) as a marine fuel to ships in the Setouchi and Kyushu areas of western Japan. The demand for
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NEW DELHI: India is planning to set up a liquefied natural gas (LNG) import terminal in Myanmar as it looks to expand energy diplomacy in its neighbourhood, Oil Minister Dharmendra Pradhan said. The terminal to import super-cooled natural gas will be in addition to the similar facilities planned by Indian firms in Bangladesh and Sri
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Long ago, an executive promoting U.S. LNG exports told me that Japan should buy U.S. LNG because the trade deficit had become a politically sensitive issue. I tried to explain that “Japan” didn’t buy LNG, rather, Japanese companies did and they were not particularly inclined to make business deals with regard to the nation’s trade
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Mitsui O.S.K. Lines (MOL) has announced that on July 31, 2018, the LNG carrier, LNG Schneeweisschen, jointly ordered by MOL and Itochu Corporation, was delivered at the Okpo shipyard by Daewoo Shipbuilding & Marine Engineering Co. in South Korea. The ship has entered into a transportation service contract for several voyages with Düsseldorf-based Uniper Global
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MUMBAI: Adani Ports and Special Economic Zone (APSEZ), India’s leading port infrastructure developer and part of the Adani Group, has said it had signed a long term agreement with GAIL (India) Ltd, the state run gas company, to provide Liquefied Natural Gas (LNG) regasification services on a use or pay basis, at its upcoming LNG
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