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Kanfer eyes first charter deal for LNG bunkering this summer: interview


Kanfer eyes first charter deal for LNG bunkering this summer: interview
Apr 29, 2021 7:50:am
Summary
by: Shardul Sharma
Norway’s Kanfer Shipping expects to sign the first charter agreement for its small-scale LNG bunkering vessels this summer, the company’s managing director Stig Hagen tells NGW in an interview.
Kanfer, part-owned by Singapore-based AG&P, is a developer of small-scale LNG carriers and bunkering vessels, as well as maritime LNG break-bulk and storage solutions. It signed a letter of intent (LoI) with China’s Taizhou Wuzhou Shipbuilding Industry in January for the construction of two small-scale LNG bunkerin.
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New Fortress dives into Brazil [NGW Magazine]


New Fortress dives into Brazil [NGW Magazine]
Feb 8, 2021 3:10:pm
Summary
With market liberatisation on the way, Brazil represents a good growth opportunity for gas-to-power projects, supported by floating storage and regasification vessels. [NGW Magazine Volume 6, Issue 3]
by: Brunno Braga
To take advantage of the promising LNG market in Brazil, the US-based energy company New Fortress Energy (NFE) has made a big move into Latin America s largest oil and gas producing country: Brazil. 
The company, with worldwide energy infrastructure operations, bought Hygo Energy Transition in a $5bn deal announced mid-January. 
Hygo is a joint-venture between Golar LNG and Stonepeak Infrastructure Partners. With the purchase, NFE will acquire an operating floating storage and regasification unit (FSRU) terminal and a 50% interest in a 1.5-GW power plant in Sergipe as well as two other FSRU terminals with 1.2 GW of power in advanced sta ....

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LNG in Vietnam's power sector [NGW Magazine]


LNG in Vietnam s power sector [NGW Magazine]
Jan 29, 2021 5:15:am
Summary
Vietnam is expected to see a rapid expansion in investment in the power generation sector, boosting demand for LNG in southeast Asia in coming years. [NGW Magazine Volume 6, Issue 2]
by: Shardul Sharma
Posted in:
LNG in Vietnam s power sector [NGW Magazine]
Hanoi last year prepared the Power Development Plan-8 (PDP-8) which was sent to the ministry of industry and trade (MOIT) in November, from where it will then go to the prime minister’s office for approval.
The PDP-8 is expected to get the final green light from the prime minister’s office during the first quarter of this year, said Vi Le Nhuan from the Institute of Energy, which comes under the MOIT. Vi was speaking at an industry webinar mid-December.   ....

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New Fortress Acquires Golar Units for $5bn: Update


New Fortress Acquires Golar Units for $5bn: Update
Jan 13, 2021 3:00:pm
Summary
by: Joe Murphy
Posted in:
New Fortress Acquires Golar Units for $5bn: Update
US LNG developer New Fortress Energy (NFE) announced on January 13 it had agreed to buy Hygo Energy Transition and Golar LNG Partners (GMLP), two subsidiaries of Bermuda-registered LNG shipping group Golar LNG, for a combined $5bn.
NFE will buy 100% of Hygo, a joint venture between Golar LNG and US investment firm Stonepeak Infrastructure Partners. Formerly known as Golar Power, Hygo was set up in 2016 to develop LNG-based transportation and power infrastructure. The business controls a floating storage and regasification unit (FSRU) in Sergipe, Brazil, and a 50% interest in a 1,500-MW power plant that receives its gas. It has two other planned FSRUs due to support 1,200 MW of power generation in Brazil. Hygo s fleet also includes two LNG carriers (LNGCs). ....

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