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Thursday, 06 March 2025
Free ReadAs a result of an earlier transaction, Stolt-Nielsen Gas now holds more than 95% of the outstanding shares and votes in Avenir LNG. This means that as the holder of these shares, the company is now able to acquire the remaining shares in Avenir LNG by way of a compulsory…
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Wednesday, 05 March 2025
Several steam propelled LNGCs are to be recycled much earlier than previously expected, a report from Drewry Maritime Research said.
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Wednesday, 05 March 2025
LNGPH, the Philippines’ integrated LNG power facility involving South Premiere Power Corp (SPPC) and Excellent Energy Resources (EERI), have signed an LNG sale and purchase agreement (SPA) with Vitol Asia.
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Wednesday, 05 March 2025
Free ReadThe FSRU ‘BW Singapore’ successfully completed mooring manoeuvres about 8 km offshore Ravenna, Italy, in line with the planned schedule. After reaching Palermo last December, and undertaking gassing and cooling operations in Cartagena (Spain), the FSRU has now reached Italian energy company Snam’s former Petra offshore platform. The existing infrastructure…
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Tuesday, 04 March 2025
In February, some 82% of US LNG exports, equivalent to 6.82 mill tonnes, were shipped to Europe, according to a Reuters report.
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Tuesday, 04 March 2025
Thailand’s energy group, B Grimm will import up to five LNG shipments and intends to take on 40-50 MW of new industrial users (IUs) this year.
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Tuesday, 04 March 2025
Free ReadUS-based LNG developer, New Fortress Energy (NFE) suffered a net loss of $224 mill in the fourth quarter of 2024 and $242 mill for the full year. This was mainly caused by costs incurred with refinancing debt including a 4Q24 loss on extinguishment of debt totalling $260 mill. The company also reported an adjusted EBITDA of $313…
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Monday, 03 March 2025
Free ReadLNG Canada’s export plant development is to receive an LNG cargo in early April at its Kitimat marine terminal, British Columbia for equipment testing and commissioning. This delivery is critical to the safe start-up and commissioning process now underway, and to achieving the first export cargo by the middle of…
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Monday, 03 March 2025
Russia's LNG exports fell by 7.3% in the first two months of this year from a the same time in 2024 to 5.1 mill tonnes, according to LSEG data.
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Monday, 03 March 2025
Free ReadAsian spot LNG prices fell further last week to their lowest level in 10 weeks. This tracked Europe’s bearish gas price momentum and amid weak demand due to comfortable storage levels. The average LNG price for April delivery into northeast Asia was at $13.50 per MMBtu, down from $14 the…
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