In Industry News

Photo of Natural Gas TankerThe Federal Energy Regulatory Commission (FERC) has reorganized to create a new LNG Division to accommodate the growing number of applications build and operate LNG export terminals. The press release stated the new Division of LNG Facility Review & Inspection (DLNG) will consist of 20 existing LNG staff members in Washington, D.C., and eight additional full-time staffers recruited in the Houston area and based in a new Houston Regional Office.

The Office of Energy Projects and the Office of the Executive Director have begun coordinating with the General Services Administration on space requirements and office configuration in Houston. Postings seeking candidates for the additional staff, starting with the Division Director, will be made shortly. To read the entire announcement click here.

NETSCo LNG Conversions
Since 2014, NETSCo has been involved with projects in LNG conversion. Any vessel can be converted where available space exists for the LNG tank, but analyzing vessel stability, the age of the vessel, fuel cost analysis, and charter or shipping routes all come into play before deciding if it is the best course for your vessel.