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Last week, Asian spot LNG price levels rose for the third week running. This was down to renewed demand, weak production in Malaysia and Egypt seeking to secure huge volumes for the rest of this year.
The Pakistan Government has diverted six more LNG cargoes to the international spot market, bringing the total to 11.
Tuesday, 27 May 2025
Russia was believed to be in talks with Bahrain to conclude a three-year LNG agreement.
Answering claims that it intends to suspend new Chinese LNGC orders, Japanese shipping giant Mitsui OSK Lines (MOL) said that, taking the current geopolitical circumstance into account, it will exercise prudent judgment in selecting shipyards for any new orders.
French-based engineering company, Technip Energies, is to take on project management consultancy (PMC) services for Cyprus’ Natural Gas Infrastructure Co’s (ETYFA) troubled LNG import terminal development.
Free ReadPlans for Germany’s green hydrogen economy face serious delays due to uncertain future pricing and lagging infrastructure build-out, e.g. conversion of LNG import terminals and gas-fuelled power plants. Investment is slowly forthcoming: of the government’s targeted 10 GW new electrolyser capacity by 2030, only 1.6 GW has been instated so…
Global LNG trade grew by 2.4% in 2024 to 411.24 mill tonnes, according to the International Gas Union’s (IGU) 2025 Report, unveiled at the World Gas Conference (WGC25) in Beijing this week.
“We will be starting the first LNG train from the North Field East development, which has a 32 mill tonne per annum LNG production capacity by mid next year,” confirmed the Qatari Minister of State for Energy Affairs and Qatarenergy President and CEO, HE Saad Sherida Al-Kaabi at this week’s…
Australia Pacific LNG (APLNG) has agreed to cut the LNG price on sales to China's Sinopec for the remaining 10 years on the contract, developer Origin Energy said today.
Free ReadAt Golar LNG’s 20th May AGM, it was announced that Benoît de la Fouchardiere and Mi Hong Yoon were elected to the Board. Both had already contributed to Golar’s success, the company said. In the case of de la Fouchardiere, through his part in contracting ‘FLNG Hilli’ in Cameroon and…