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Geveran Trading, controlled by trusts established by the Norwegian shipping tycoon John Fredriksen of Golar LNG for the benefit of his immediate family, has purchased 15.5 million additional shares in the previously troubled Floating LNG developer, Flex LNG of Norway.
Dynagas, the Greek LNG carrier fleet owner now listed on the US Nasdaq stock exchange as Dynagas LNG Partners, has transferred a second ice-class LNG carrier from one affiliate to another.
Pavilion Energy, the unit of Singapore equity fund Temasek, has signed an agreement with UK major BP for 400,000 of LNG over 20 years to come partly from the US Freeport liquefaction plant being built in Texas.
Dubai Supply Authority in the United Arab Emirates has entered into a 10-year charter agreement with Excelerate Energy of the US for a floating storage and regasification unit that will be located at the existing import terminal at Jebel Ali port.
British Columbia Premier Christy Clark has praised the Canada-South Korea Free Trade Agreement signed in the federal capital Ottawa between Prime Minister Stephen Harper and President Park Geun-hye as a boost for LNG and other trade.
The American Gas Association said the natural gas delivery system in the US achieved historic levels of performance this past winter and served more customers than ever, with bills remaining affordable, a pre-requisite for feed-gas being diverted for LNG exports.
The man who built BG Group into one of the leading LNG portfolio players, Sir Frank Chapman, has been appointed to the board of shipping tycoon John Fredriksen's Golar LNG and will act as the Norwegian company's Chairman.
Pivotal LNG, a unit of Atlanta-based AGL Resources, said it signed a long-term agreement to sell LNG to Crowley Maritime Corp. subsidiary Carib Energy for use by customers in the US territory of Puerto Rico.
Siemens, the German LNG, energy and power equipment maker, has aqreed to acquire Dresser-Rand of the US in a transaction valued at $7.6 billion, strengthening the Munich-based firm's liquefaction technology and energy portfolio.
The global LNG trades in the first half of 2014 grew by a few percentage points year-on-year to 120 million tonnes, three-quarters of which was imported into the Asian and Middle Eastern importing countries, according to the latest report by a leading Japanese analyst.