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Tuesday, 28 January 2025
Planned US LNG production increases under the new Trump administration should benefit consumers, such as India, Petronet LNG’s CEO Akshay Kumar Singh, said in an earnings call yesterday. “If more LNG plants come in the US, it will stabilise international LNG prices.
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Tuesday, 28 January 2025
Golar LNG has signed an agreement to sell all of its shares in Avenir LNG to Stolt-Nielsen Gas for about $40 mill. This transaction is expected to be completed during the first quarter of 2025, subject to the fulfillment of the conditions under the share purchase agreement, Golar said.
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Tuesday, 28 January 2025
Free ReadVenture Global’s Class A common stock shares started trading on the New York Stock Exchange (NYSE) last Friday under the symbol ‘VG’. Venture Global’s IPO of 70 mill shares of its Class A common stock, par value $0.01 was priced at $25 per share and was concluded yesterday. The LNG…
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Monday, 27 January 2025
Five Middle East countries, representing 85% of the region’s gas output, were expected to add more than 20 bill cu m of production between 2023 and 2025. This was a 3.3% increase over the two-year period, according to an IEA report.
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Monday, 27 January 2025
Michael Lewis, CEO of Germany’s largest gas importer Uniper, welcomes plans by U.S. President Trump to expand oil & gas production as well as LNG exports. He urged German industry to use more ‘blue hydrogen,’ made via steam methane reforming, into their energy transitions plans, rather than focussing solely on…
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Monday, 27 January 2025
Japan’s major energy buyer, JERA Global Markets and the UAE’s main energy supplier, ADNOC Gas have signed a $450 mill (AED1.653 bill) LNG supply agreement. Under the terms of the agreement, LNG will be supplied by ADNOC Gas to JERA Global Markets’ global supply portfolio for three years.
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Monday, 27 January 2025
Free ReadBangladesh has signed a non-binding agreement with a US plant developer, Argent LNG, to purchase up to 5 mill tonnes of LNG per annum. Argent LNG is developing a 25 mill tonnes per annum LNG export facility at Port Fourchon, Louisiana. This is the first major US LNG supply deal…
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Monday, 27 January 2025
Free ReadAsian spot LNG) prices saw little change last week, as ample inventories and mild weather capped demand from East Asian buyers. The average LNG price for March delivery into north-east Asia rose slightly to $14 per MMBtu, industry sources estimated. "Demand in Asia remains tepid, with East Asia demand relatively…
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Friday, 24 January 2025
Japan is interested in securing long-term LNG supply deal from Alaska LNG. The Alaska LNG project, which has seen many attempts to secure funding and LNG buyers down the years, recently received a boost when Texas energy company, Glenfarne signed a deal with the state-owned Alaska Gasline Development to develop…
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Friday, 24 January 2025
Industry coalition, SEA-LNG has highlighted 2024 as another year of growth for the LNG pathway. Analysing data from its members, the organisation’s report, ‘View from the Bridge’, found that global market adoption of LNG as a fuel and growth reached record heights in 2024.
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