Karpowership, Galileo partner to expand into Floating LNG
Karpowership, Galileo partner to expand into Floating LNG
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Natural Gas News
Karpowership, Galileo partner to expand into Floating LNG
Summary
The partnership aims to expand Karpowership's activities into the FLNG space, leveraging Galileo's expertise in modular liquefaction technology. [Image: Galileo] by: Shardul Sharma
Turkey's Karpowership International and Buenos Aires-based Galileo Technologies have signed a memorandum of understanding to form a strategic partnership in a range of ...
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Natural Gas & LNG News, Europe, Liquefied Natural Gas (LNG)
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.