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Friday, 13 December 2024
Free ReadAustralian LNG plant developer, Santos has signed a binding long-term LNG supply and purchase agreement (SPA) with Shizuoka Gas. Under the SPA, Santos will supply between 0.35 and 0.4 mill tonnes per annum of LNG at plateau from its portfolio for 12 years on a delivered ex-ship (DES) basis, commencing…
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Friday, 13 December 2024
The construction of Squadron Energy’s Port Kembla Energy Terminal (PKET) - Australia’s first LNG import terminal - has been completed. Commissioning of the onshore receiving facility is now underway, which ensures the functionality of all equipment at the import terminal including the control system, marine loading arms and fire system,…
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Thursday, 12 December 2024
The US Department of Energy (DoE) claimed that it was unable to complete reviews of two planned Louisiana LNG export terminals until an independent regulatory body finishes its environmental assessments of the projects. Earlier this week, the DoE explained that it had to wait for the Federal Energy Regulatory Commission (FERC)…
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Thursday, 12 December 2024
The National Gas Company of Trinidad and Tobago (NGC) has shipped the first two LNG cargoes from Atlantic’s Trains 2 and 3 since its commercial restructuring in December, 2023. The shipments left Atlantic’s facility in Point Fortin on 26th November and 6th December, 2024, bound for Italy and Egypt, respectively.
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Thursday, 12 December 2024
Free ReadQatarEnergy has opted for a joint venture between Japan’s Mitsui OS Lines (MOL) and China’s COSCO Shipping LNG Investment (Shanghai) (CSLNG) to own and operate six new QC-Max LNGCs. The six vessels are to be built in China by Hudong-Zhonghua Shipbuilding Group, a subsidiary of China State Shipbuilding Corp (CSSC).…
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Wednesday, 11 December 2024
Nigeria LNG (NLNG) is planning to replace all of its steam-powered LNGCs within the next decade. This was revealed by Nnamdi Anowi, NLNG’s General Manager, Production at yesterday’s World Leaders’ Panel session of the 2024 World LNG Summit and Awards held in Berlin.
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Wednesday, 11 December 2024
Free ReadNew Fortress Energy (NFE) has completed the private exchange of $1.5 bill new senior secured notes for more than two-thirds of each of the company’s outstanding senior secured notes maturing in 2026 and 2029. This transaction was the second and final step of the NFE’s $2.7 bill issuance of new senior secured notes, due…
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Wednesday, 11 December 2024
US energy giant ExxonMobil’s Global Outlook report forecast energy demand will increase by 15% to support a growing population and rising living standards, especially in developing countries. LNG will play a crucial role in meeting this demand and providing energy where it’s scarce, the company said in its report. “We see natural gas demand growing…
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Wednesday, 11 December 2024
Polish engineering company, GAZ-SYSTEM has been granted the building permit for the construction of the FSRU terminal in the Gulf of Gdansk. Also included in the permit was the infrastructure necessary for its operation and the offshore pipeline connecting the terminal with the onshore system. Its commissioning is scheduled for…
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Tuesday, 10 December 2024
Qatar’s Minister of State for Energy Affairs and President and CEO of QatarEnergy, HE Saad Sherida Al-Kaabi, said Qatar stood in total support of the concept of the European Union’s (EU) Corporate Sustainability Due Diligence Directive (CS3D), including the desire to protect and uphold human rights, labour rights, and reducing…
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