Tanks and Terminals news updates

Anthony Caggiano has been promoted to the position of Vice President at LiRo Group.

The FERC has approved the construction of Train 4 at the Freeport LNG terminal in Texas.

The TASI Group recently acquired Sierra Instruments, its second acquisition in recent months.

The EIA has revised its price forecast for Brent crude oil upward, reflecting price increases in recent months, more recent data, and changing expectations of global oil markets.

The 2019 conference programme includes an exclusive forum to identify growth solutions in markets that have recently pivoted to natural gas.

Cameron LNG has begun producing LNG from the first liquefaction train at its export project in Hackberry, Louisiana, US.

The IEA reports that global energy investment stabilised above US$1.8 trillion in 2018, but security and sustainability concerns are growing.

Wood Mackenzie assesses the impact of the on-going trade war between the US and China.

In a transaction valued at US$10.3 billion, Buckeye Partners have agreed to be acquired by IFM Investors.

The International Gas Union (IGU) has released its ‘2019 Wholesale Gas Price Survey’.

Modular gas processing units will treat 1.6 billion ft3 per day of natural gas for liquefaction.

Global LNG market is set to see sharp shifts between excess supply and excess demand during the 2019 to 2023 period. Effect on prices may hinge on weather patterns.

According to CEDIGAZ’s ‘First Estimates 2018’, global gas consumption last year experienced its fastest growth since 2010.

The Sniffers has developed a Methane Accounting Program to assist oil and gas asset owners to realise their environmental and sustainability ambition for methane.

Grupa LOTOS has announced that its Gdansk refinery has continued to operate at full capacity, relying on deliveries of crude oil by sea and the release of mandatory stocks.

At a price of US$250 million, NuStar Energy will has agreed to divest its St. Eustatius oil storage terminal.

SBM Offshore will construct, install and operate ExxonMobil’s 2 million bbl crude oil storage capacity FPSO, Liza Unity.

The distinction by TÜV Nord Cert confirms that the company’s internal processes and regulations comply with the ISO 27001 definitions.

Following a meeting, the President of Mozambique His Excellency Filipe Nyusi and Anadarko Petroleum Corporation Chairman and Chief Executive Officer Al Walker announced plans for Mozambique LNG to make an important announcement during a celebratory event on 18 June 2019 in Maputo.

Further advancing the prospect of Germany’s first LNG terminal, Axpo and German LNG Terminal have signed a Heads of Agreement for a long-term capacity contract.

FERC has published its final Environmental Impact Statement for Venture Global LNG’s Plaquemines LNG and accepted a pre-filing request for its Delta LNG project.

Abu Dhabi Ports plans to integrate advanced technologies into maritime operations and solutions with the help of Dell Technologies.

Matrix Service has been awarded an EPC contract for Piedmont Natural Gas’ LNG peak shaving facility in North Carolina.

KBR will continue to provide General Maintenance Services at the SATORP refining and petrochemicals project in Saudi Arabia.