BW Epic Kosan (BWEK) has contracted bound4blue to install a 24-metre tall suction sail on the LPG carrier ‘Helena Kosan’ in bid to save fuel. eSAIL technology is also suitable for gas carriers and offers a payback period of less than five years.
Asian spot LNG prices were steady last week, as regional demand was muted, while a gas supply deal between Russia and China could curb future LNG imports.
UK-based LNG receiving facility, Dragon LNG, based at Milford Haven, has launched a market consultation for the auction of 9 bill cu m per year of regasification capacity, available from 26th August, 2029.
Last week, two US Senators introduced a bi-partisan bill aimed at boosting LNG exports to Taiwan and strengthening its energy infrastructure amid China's growing aggression.
Due to increased losses, LNG plant developer, New Fortress Energy (NFE), is to evaluate alternative initiatives to improve its capital structure.
Some Japanese LNG buyers have returned to the spot market, seeking additional prompt cargoes, including a swap tender.
ConocoPhillips has won another order for its train proprietary optimised cascade process liquefaction technology.
NextDecade Corp has signed a 20-year LNG sale and purchase agreement (SPA) with US natural gas producer, EQT Corp for the offtake from Rio Grande LNG Train 5.
Floating LNG Terminal Finland (FLTF), a 100 % subsidiary of Gasgrid Finland, has announced that during the annual capacity allocation procedure, seven slots were reserved for 2026.
Deutsche ReGas, the only privately-financed LNG terminal operator in Germany, has entered agreements with BASF and Equinor for the utilisation of LNG regas capacity at Deutsche Ostsee Energie-Terminal in Mukran. Though commercial terms were not disclosed, the agreements highlight the role of the Mukran terminal in diversified energy supply.