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Golar LNG has signed finance lease agreements with a consortium of Chinese leasing companies for the refinancing of the FLNG ’Gimi’ debt facility for about $1.2 bill.
China has suspended LNG imports from the United States for 40 days in a tit-for-tat trade war, forcing traders to reroute shipments. No US LNG cargo is currently on route to China, Kpler data shows, and China Resources Gas International’s just secured alternative supply from Australia through a deal with…
Energy supplier, Vitol is to acquire interests in assets owned by Italian energy company, Eni in Cote d’Ivoire and the Republic of Congo for $1.65 bill, as of 1st January, 2024, with a standard cash adjustment at the closing of the deals. 
Venture Global is headed towards taking a final investment decision (FID) for its Calcasieu Pass 2 project after receving a critical export authorization. The terminal’s initial phase has firm offtake agreements with ExxonMobil, Chevron, New Fortress Energy, JERA, China Gas, Inpex, SEFE and EnBW.
Free ReadYesterday, Venture Global received approval from the US Department of Energy (DoE) to export LNG to non-FTA countries for its third project, CP2 LNG, located in Cameron Parish, Louisiana. Venture Global CEO, Mike Sabel, said:“CP2 LNG is a vital project for the U.S. economy, balance of trade, and global energy…
Digital solutions provider, Oceanly, has won a contract from BW LNG, to allow greater automation to its fleet in support of its commitment to fleet optimisation and operational excellence.
Free ReadFinancial markets do not trust the Kremlin’s agreement to a limited ceasefire in the war in Ukraine: Prices for oil, natural gas and gold prices increased on the news, even though the ceasefire is meant to put an end to attacks on energy and infrastructure for 30 days. The agreement,…
Free ReadIndian domestic natural gas consumption has slowed as local production falls, imports remain expensive and the demand for gas-based electricity declines. Gas consumption rose just 0.6% year-on-year in February, compared to a 9.1% increase in the fiscal year April/February, according to oil ministry data, reported the Economic Times.   Strong…
Australia's Woodside LNG may delay a final investment decision (FID) on its Louisiana LNG plant, formerly Driftwood, into the second quarter of this year.
The 1994-built 130,400 cu m LNGC ‘American Energy’ has become the first US flagged gas carrier to ship locally sourced LNG to Puerto Rico.