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Free ReadPhilippines-based FGEN LNG Corp, a wholly owned subsidiary of First Gen Corp, has received a permit from the Philippine Energy department to operate and maintain its interim Batangas offshore LNG terminal. This permit allows the project to operate for its own use and is valid for 25 years, First Gen…
Asian spot LNG prices rose last week to a one-month high. This was primarily due to the expiry of the Russian gas transit deal through Ukraine, which caused uncertainty to Europe's gas outlook. The average LNG price for February delivery into Northeast Asia LNG-AS was $14.60 per MMBtu, industry sources…
Cheniere Energy has produced the first LNG from Train 1 of the Corpus Christi Stage 3 liquefaction project (CCL Stage 3).  The commissioning process continues, the company said, adding that Train 1’s substantial completion was expected to be achieved at the end of the first quarter of 2025, over six…
In late December, Ukraine received its first LNG shipment from the US. The country’s largest private energy company, DTEK, received the shipment via the Mediterranean on board an LNGC, which arrived at a Greek LNG receiving terminal.
Monday, 06 January 2025
Free Readbp has begun to transfer gas from the Greater Tortue Ahmeyim (GTA) phase 1 LNG project wells to an FPSO.    GTA, located offshore Mauritania and Senegal, is one of the deepest offshore developments in Africa, with gas resources in water depths of up to 2,850 m, bp claimed.  Once fully…
Friday, 20 December 2024
India's LNG imports are expected to rise next year by about 4% to 10%. The increase is due to strong local consumption, resilient economic growth and policy development, although it could be tempered by international fuel prices amid supportive global demand/supply fundamentals, industry sources and analysts said.
US natural gas futures climbed about 4% to a 13-month high yesterday. This was due to recent lower output and an increase in the amount of gas flowing to LNG export plants rising to an 11-month high.
Free ReadUK energy giant Shell is to help Argentina’s state-run energy company, YPF to develop its LNG export potential, replacing PETRONAS. YPF’s Executive Chairman, Horacio Marin, signed the agreement in the Netherlands with Shell’s LNG chief, Cederic Cremers, the company said in a statement yesterday. Shell will help to develop the…
China’s offshore engineering company, Wison New Energies has signed a FEED contract for an  FLNG and power barge project with Ace Gas & FLNG. They are to be deployed offshore Nigeria.
Friday, 20 December 2024
Free ReadDue to the forthcoming holiday period, the next LNG Journal News will not be published until Monday 6th January. We would like to take this opportunity to thank all of our advertisers, sponsors and subscribers for their continued support this year and we look forward to working with you again…