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Asian spot LNG prices fell last week on soft demand and strong storage inventories and as the markets awaited the outcome of Friday’s meeting between US President Donald Trump and Russia’s Vladimir Putin.
Constraints on feeder pipelines could coke the imminent surge in US LNG exports. “It’s not about the availability of gas, it’s about transportation. “How are we actually going to get it there?,” Cheniere’s vice president Nishita Singh told a conference in Texas.
Unfavourable market conditions for renewables and other low-carbon energy sources have prompted Shell, BP, TotalEnergies and Eni to bolster their core upstream operations. Reserve replacement should support future cash flows, Fitch Ratings reckons.
A consortium led by the world’s largest independent investment firm, BlackRock, has agreed an $11 bill lease deal involving Aramco’s natural gas facilities.
South Korea’s Hanwha subsidiary, Hanwha Aerospace is to establish a framework to tap into US produced LNG.
Norwegian ship leasing specialist, Ocean Yield, together with parent KKR-managed investment vehicles, are to acquire CapeOmega Gas Transportation from private equity firm Partners Group.
Golar LNG Limited has reported net income of $16 mill, adjusted EBITDA of $49 mill and total cash for the company of $891 mill, for the second quarter of this year.
Despite natural gas prices being generally lower than were predicted a few months ago, prices are still expected to rise from current levels, driven by tighter market balances.
Thursday, 14 August 2025
Cheniere Energy has highlighted its role in helping meet the world’s growing need for secure and reliable energy.
Singapore based engineering company, Seatrium has signed a Letter of Intent (LOI) with Karpowership, the owner, operator, and builder of the world’s largest powerships (floating power plants).