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Tag Archives: liquefied natural gas

VT Halter building two LNG-powered container vessels

PASCAGOULA — Shipbuilder VT Halter Marine has started work on the first of two liquefied natural gas-powered container vessels for Crowley Maritime Corp. VT Halter first announced the $350 million contract last November. The beginning of construction was marked by a steel-cutting ceremony. VT Halter officials say in a news release that the new vessels are designed to maximize the ...

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Cochran, Wicker pushing for more liquefied natural gas exports

WASHINGTON, D.C. – U.S. Sens. Thad Cochran, R-Miss., and Roger Wicker, R-Miss., are calling on the Obama Administration to expedite approval of project applications to export liquefied natural gas (LNG). The senators sent a letter to U.S. Department of Energy Secretary Ernest Moniz regarding the issue. The letter sent by the senators states, “LNG exports are…important to America’s national security ...

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Lightfoot, GE investing in liquefied natural gas market

PASCAGOULA — Lightfoot Capital Partners, LP, has teamed up with GE Energy Financial Services to make a strategic investment in the liquefied natural gas market. Lightfoot Capital will make a direct investment and own a 48 percent interest in Arc LNG Holdings, LLC, which will own a 20 percent interest in Gulf LNG Energy’s terminal in Pascagoula. GE Energy Financial ...

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Ribbon cut on $1.1B liquefied natural gas facility

PASCAGOULA — GE Energy Financial Services’ co-owned Gulf LNG regasification and liquefied natural gas storage facility on the Gulf of Mexico has successfully begun operations. GE made the announcement at a ribbon-cutting ceremony at the facility in Pascagoula joined by Gov. Haley Barbour and executives of El Paso Corporation. “After three-and-a-half years of construction, this $1.1-billion facility was completed on-time ...

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