Marine Insight’s Post

The second train of Russia's Arctic LNG 2 has approached the project’s location in the Ob Bay, Energy Intelligence understands from ship tracking data and data from the infrastructure operator of the Northern Sea Route. The 6.6 million ton per year train, built at Novatek’s yard in northwestern Russia, should come on line at the end of this year, doubling the project’s current capacity. Crucially, though, the first two trains of Arctic LNG 2 are unlikely to operate at full capacity anytime soon as Novatek still faces a shortage of tankers and technical difficulties due to Western sanctions aimed at curbing Russia's LNG ambitions, observers say. Learn more >> https://bit.ly/3AoPDR9 #Russia #Novatek #ArcticLNG #lng #lngprojects #lngtankers #sanctions #shadowfleet

Our Executive General Manager Operations Dr Rochelle Macdonald represented Squadron Energy at the 2024 Australian Domestic Gas Outlook (ADGO) in Sydney last week. The panel tackled the question of where the industry and financiers should invest: pipelines, terminals or new fields. Squadron Energy’s Port Kembla Energy Terminal remains the best short-term solution to provide gas to Australia's eastern states without new local gas fields. It can supply up to 500TJ per day - enough to satisfy nearly all of Victoria’s, or 70% of NSW's gas demand. #ADGO2024 Read more about Australia’s first LNG import terminal: https://bit.ly/3IZS2D5

🚢✨ Weekend Edition: Rare Sighting in the Atlantic Ocean! Witnessing the alignment of the two LNG carriers, “Aristarchos” and “Asterix I,” amidst the vastness of the Atlantic Ocean is truly a rare moment! It’s akin to finding a needle in a haystack—a stroke of luck amid the expanse of the sea. As our global quest for cleaner and more sustainable energy intensifies, we extend our gratitude to these LNG carriers that brave the oceans, enduring heavy seas to transport their precious cargo. Transporting LNG is no small feat; the gas must be cooled to a liquid state for transportation. But where do LNG ships fit into the energy value chain? LNG ships play a vital role in transporting natural gas between liquefaction plants and regasification sites, particularly when these facilities are located in remote areas. Equipped with specialized containment systems, LNG ships are designed to carry LNG in bulk, with heavy insulation and temperature-controlled tanks ensuring the gas remains in a liquid state at around -162°C. These vessels often utilize propulsion systems powered by boil-off gas (BOG) from LNG or other boiled liquid fuels. Their efficiency and reliability make them indispensable components of the LNG value chain, facilitating the safe and efficient transportation of natural gas across oceans. #LNG #LNGcarriers #Shipping #OceanLife #EnergyTransportation #Sustainability #CleanEnergy #MaritimeIndustry #OceanAdventures #ShippingIndustry #WeekendVibes #RareSighting #AtlanticOcean #EnergyValueChain #EnvironmentalProtection #LNGShipping #GlobalTrade #OceanicWonders

Energos Force FSRU signals arrival date at Stade in mid-March Energos Force is set to arrive at the Stade LNG terminal on March 15, marking its journey after currently discharging cargo at Germany’s Brunsbuttel LNG import facility. This FSRU will become Germany's fifth floating LNG import terminal since the onset of #Russia's invasion of Ukraine, showcasing the country's rapid expansion of its LNG infrastructure. This development follows closely on the heels of Deutsche ReGas announcing the arrival of Energos Power at Mukran, signifying the commencement of Phase 2 operations at its Deutsche Ostsee #LNG terminal. These strategic moves are pivotal in bolstering Germany's energy security and diversification efforts. Stay ahead of the markets. Request a demo here: kpler.com #kpler

𝐆𝐞𝐫𝐦𝐚𝐧𝐲 Takes Significant Step Towards Reducing Reliance on Russian Gas: The first vessel carrying 𝐥𝐢𝐪𝐮𝐞𝐟𝐢𝐞𝐝 𝐧𝐚𝐭𝐮𝐫𝐚𝐥 𝐠𝐚𝐬 (𝐋𝐍𝐆) arrived at 𝐆𝐞𝐫𝐦𝐚𝐧𝐲’𝐬 𝐁𝐚𝐥𝐭𝐢𝐜 𝐒𝐞𝐚 𝐭𝐞𝐫𝐦𝐢𝐧𝐚𝐥 𝐢𝐧 𝐌𝐮𝐤𝐫𝐚𝐧 on Saturday, marking a pivotal moment in the country's efforts to diversify its energy sources amid geopolitical tensions. Operated by private company Deutsche ReGas, the 𝐟𝐥𝐨𝐚𝐭𝐢𝐧𝐠 𝐬𝐭𝐨𝐫𝐚𝐠𝐞 𝐚𝐧𝐝 𝐫𝐞𝐠𝐚𝐬𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐮𝐧𝐢𝐭 (𝐅𝐒𝐑𝐔) named 𝐄𝐧𝐞𝐫𝐠𝐨𝐬 𝐏𝐨𝐰𝐞𝐫 𝐝𝐨𝐜𝐤𝐞𝐝 at 𝐑𝐮𝐞𝐠𝐞𝐧 𝐢𝐬𝐥𝐚𝐧𝐝 after obtaining local approval. With Europe aiming to lessen dependence on Russian gas post-Ukraine invasion, Germany has intensified its LNG capacity expansion. The vessel, formerly Transgas Power, received LNG from Norway's Snohvit gas field via France. Supervisory board member Stephan Knabe emphasized the move's significance in bolstering supply security in eastern Germany and southeastern Europe. Tests will include pilot operations before full equipment commissioning, while plans for a second ship, Neptune, at 𝐌𝐮𝐤𝐫𝐚𝐧 indicate further progress in 𝐆𝐞𝐫𝐦𝐚𝐧𝐲'𝐬 𝐋𝐍𝐆 infrastructure development, promising a more diversified and secure energy future. #germany #lng #energysecurity #geopolitics #RussianGas #MukranTerminal #balticsea #DeutscheReGas #EnergosPower #fsru #NorwegianLNG #SnohvitGasField #EuropeanEnergy #SupplyDiversification NC: Hellenic Shipping News

🚨 🚢 RUSSIA LNG: A third LNG vessel, potentially belonging to Russia’s so-called "shadow fleet," might be on the way to load another cargo from the blacklisted Arctic LNG 2 project. The 138,028 cubic meter Everest Energy is currently heading north in the Norwegian Sea, according to ship-tracking data from Kpler, which suggests a Russian Arctic-based project as its most likely destination. The 2003-built Palau-flagged steam vessel is owned by a little-known Liberia-based shipping company and managed by India-based Ocean Speedstar Solutions, according to ship registry data from Equasis, the same company that manages the Pioneer and Asya Energy vessels, which are believed to have loaded the first two cargoes from Arctic LNG 2 in recent weeks. Meanwhile, the second train of Russia's Arctic LNG 2 has approached the project’s location in the Ob Bay, Energy Intelligence understands from ship tracking data and data from the infrastructure operator of the Northern Sea Route (NSR). Full story: https://lnkd.in/d5c_2Z7A #LNG #LNGTrading #LNGShipping #natgas #energymarkets #Russia #sanctions #commodities

🌟 LNG News: Keel laid for Princess Cruises' new LNG-fueled ship 🌟 🔍 Global LNG Insights: Uncover the latest in LNG with a focus on key markets and innovations. #LeaveaComment ! 📝 Highlights: Italian shipbuilder Fincantieri has held a keel-laying ceremony for Princess Cruises' second LNG-powered Sphere Class vessel. - Gain valuable insights into the LNG industry. 🔗 Dive Deeper: [Read More: https://lnkd.in/gsUsb7pW] – Your go-to for comprehensive global LNG market coverage. 🌐 Visit: https://lnkd.in/gvCrX7kR for more insights. 🗨️ Join the Discussion! Your opinions are invaluable. #Comment below to share your views, ask questions, or start a conversation. We're excited to engage with each comment and hear what you think! #LNG #Energy #GlobalMarkets #Innovation #LNGTechnology #USA #Australia #Qatar #Russia #Japan #China #LNGCluster #EnergyTransition #MarketInsights #IndustryAnalysis #Natgas #NaturalGas #Tech #GlobalEconomy #Comments #JoinTheConversation #YourVoiceMatters

The #NorthernSeaRoute (#NSR) only opened up for LNG trade after this year's Summer Solstice. The tanker EDUARD TOLL [9750696] departed from Yamal LNG on June 21, 2024, and is now en route to Asia via the NSR. This #Arctic route will ease some of Russia's shipping constraints, as tankers carrying Yamal LNG cargoes previously had to navigate around the Cape of Good Hope to reach Asia, thereby avoiding the perilous #RedSea route. #Energy #Maritime #Geopolitics #LNG #SynMax #shipping #sanctions #Russia #whyguesswhenyoucanknow  #SynMaxEnergy #SynMaxMaritime #dataanalytics #predictiveanalytics #LeviatonAi www.leviaton.com

With a delay of 16 days compared to last year, the #NorthernSeaRoute has now opened for #LNG trade. Be the first one to know with SynMax #Leviaton #LeviatonAi #MaritimeIntelligence #EnergyInsights #SynMaxLeviaton #EnergyTrade #MarketAnalysis #geopolitics #tradeflows #commodities #Russia #sanctions

RUSSIAN LNG: French major TotalEnergies has confirmed it would not offtake LNG from Russia’s Arctic LNG 2 project, blacklisted by the US, as the plant reportedly prepares to ship the first cargo soon. The company has a long-term offtake contract for almost 2 million tons per year at Arctic LNG 2, in line with its 10% equity-offtake stake in the 19.8 million ton/yr project. The contract cannot be executed because of the US sanctions imposed on the Arctic LNG 2 project company and on Novatek’s Murmansk and Kamchatka LNG transshipment terminals, which are stipulated as the delivery points under the equity-offtake contracts. Despite the sanctions, Arctic LNG 2 is reportedly preparing to load the first cargo. The first 6.6 million ton/yr train of the project is understood to be already producing LNG and needs to evacuate the product before full storage tanks force a plant shutdown. Full story: https://lnkd.in/d2hKeaqm Energy Intelligence #LNG #ArcticLNG2 #natgas #commodities #energymarkets