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KOGAS Produces First LNG at Gas Field in Mozambique

KOGAS Produces First LNG at Gas Field in Mozambique

SEOUL, Nov. 15 (Korea Bizwire) — South Korea’s state-run gas company Korea Gas Corp. (KOGAS) announced on Monday that it had started producing liquefied natural gas (LNG) at the Coral gas field in Mozambique, and the first shipment had been completed. The project uses a floating liquefied natural gas (FLNG) facility to extract gas from [...]

Wood Mackenzie and Ball Corporation Introduce New Tool that Tracks Global LNG Liquefaction Train Statuses in Near Real-time

Wood Mackenzie and Ball Corporation Introduce New Tool that Tracks Global LNG Liquefaction Train Statuses in Near Real-time

LONDON/HOUSTON/WESTMINSTER, Colo., July 13 (Korea Bizwire) — Wood Mackenzie, Inc. a Verisk business (Nasdaq: VRSK), and Ball Corporation (NYSE: BALL) today announced the launch of Global LNG Liquefaction Monitoring – the first product arising from their strategic agreement to accelerate the development of advanced analytics for energy markets.    The Global LNG Liquefaction Monitoring product provides near real-time [...]

Korea Shipbuilding Develops Waste Heat-derived LNG Fuel Supply System

Korea Shipbuilding Develops Waste Heat-derived LNG Fuel Supply System

SEOUL, June 24 (Korea Bizwire) — Korea Shipbuilding & Offshore Engineering Co. said Thursday that it and its affiliate Hyundai Heavy Industries Co. have received approval in principle from Norwegian-German ship quality assurance society DNV and Britain’s Lloyd’s Register for their new liquefied natural gas (LNG) fuel supply system. The newly-developed system, dubbed Hi-eGAS (Hyundai [...]

S. Korea Contemplating Sharing LNG with Europe amid Ukraine Crisis

S. Korea Contemplating Sharing LNG with Europe amid Ukraine Crisis

SEOUL, Feb. 20 (Korea Bizwire) — South Korea is thinking seriously about sharing its liquefied natural gas (LNG) inventories with Europe amid looming supply disruptions sparked by the Ukraine crisis, officials said Sunday. “The government is seriously contemplating supporting Europe should the situation aggravate in Ukraine and create difficulties in the supply of natural gas,” [...]

Hyundai Oilbank to Build Eco-friendly Power Plant Fueled by LNG, Blue Hydrogen

Hyundai Oilbank to Build Eco-friendly Power Plant Fueled by LNG, Blue Hydrogen

SEOUL, Dec. 24 (Korea Bizwire) — South Korean refiner Hyundai Oilbank Co. announced that it will invest a total of 400 billion won (US$337 million) to build an eco-friendly power plant fueled by both liquid natural gas (LNG) and blue hydrogen. Blue hydrogen is produced from natural gas and produces less CO2 The power plant [...]