Seaside LNG takes delivery of third LNG bunker barge
Seaside LNG takes delivery of third LNG bunker barge
-
Natural Gas News
Seaside LNG takes delivery of third LNG bunker barge
Summary
Second vessel from Fincantieri adds to Polaris New Energy's bunker barge fleet. [Image credit: Business Wire] by: Dale Lunan
Seaside LNG and its bunkering subsidiary, Polaris New Energy (PNE) said October 24 they had taken delivery of a second LNG bunk...
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.