LNG

A few Chinese state-owned and second-tier oil and gas companies were seeking to sell LNG cargoes for January/February, 2025 to alleviate pressure from growing inventory and weak domestic demand, according to market sources talking with S&P Global. The selling interest reflected expectations that regional heating demand is unlikely to surge…

Free ReadAbu Dhabi National Oil Company (ADNOC) has finalised a 15-year sales and purchase agreement (SPA) with Malaysia’s state-owned Petronas for the supply of 1 mill tonnes per annum of LNG. This agreement builds on a previous heads of agreement (HoA), which has now been converted into a firm contract. The LNG will be…

Houston-based gas processing and technology company, CryoSys has signed a contract with PIC Americas to deliver pretreatment and liquefaction solutions for a planned LNG export facility. This export facility will be located on the Texas Gulf coast along a deepwater channel, which will provide access to maritime vessels, including ocean-going…

Prices at the Dutch Title Transfer Facility (TTF), Europe’s most liquid gas trading hub, have risen due to a growing risk premium related to residual Russian flows or cold-weather events. The TTF Q1-25 contract is already pricing near the top of the coal–gas fuel-switching range in the power sector.