ADNOC L&S takes delivery of 2nd LNG-fuelled VLCC
ADNOC L&S takes delivery of 2nd LNG-fuelled VLCC
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Natural Gas News
ADNOC L&S takes delivery of 2nd LNG-fuelled VLCC
Summary
This vessel is the second of four dual-fuel engine VLCCs that can also run on LNG, which are scheduled for delivery this year. [Image: ADNOC] by: Shardul Sharma
ADNOC Logistics and Services (ADNOC L&S), a unit of UAE’s ADNOC, has recently taken delivery of its newbuild LNG-fuelled ve...
Related Knowledge Center: Liquefied natural gas
Driven by plentiful natural gas produced from shale plays, the United States began exporting liquefied natural gas in 2016 when the Sabine Pass terminal in Louisiana opened and shipped its first cargo. Since then, additional capacity, or trains, have been added to Sabine Pass, and terminals have become operational in Cameron Parish, La.; Hackberry, La.; Cove Point, Md.; and Corpus Christi, Texas. The Energy Information Administration projects that U.S. LNG export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world, behind Australia and Qatar. The tariff war with China has the potential to impact some final investment decisions for additional terminals in the coming months.