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Deutsche Energy Terminal (DET) is preparing to commission its floating storage and regasification unit (FSRU) in Stade in September to facilitate LNG imports for the peak winter season.
Caturus, a Houston-based independent gas company, has secured $9.75 billion in project finance-style debt for its Commonwealth LNG, with total equity and debt commitments reaching $21.25 billion.
Cash-rich incumbents are leading the next wave of brownfield US LNG expansions, as the Iran war has escalated project costs, disproportionately disadvantaging greenfield projects – such as Argent LNG – that lack existing infrastructure.
Abu Dhabi National Oil Company’s (ADNOC) is exploring investments in Canada’s upstream and LNG sectors through its affiliate XRG, upstream CEO Musabbeh Al Kaabi said at the at the Global Energy Show in Calgary this week.
Prolonged LNG price volatility is upending sales and purchase agreements (SPAs) as traders sound alarm over JCC/Henry Hub swings eroding fixed-price economics. Risk-averse buyers increasingly demand take-or-pay flexibility, diversion rights and reopeners to avert margins getting eroded or wiped out.
Japan’s largest power generator JERA has signed an LNG sales and purchase agreement with Malaysia’s Petronas to secure up to 2 mtpa of supply over 20 years starting in 2028.
A fifth Qatari LNG cargo, aboard the Al Daayen, has transited the Strait of Hormuz bound for China where it is expected to arrive on July 6, ship tracking data shows. Yet the cargo could change destination last minute, mirroring four China-bound US LNG cargoes that were diverted to South…
Japan’s Inpex is seeking urgent orders from Australia’s Fair Work Commission to block a strike at its Ichthys LNG facilities. The move follows unions' threats to escalate strike actions starting Thursday after wage negotiations failed, raising the risk of disruptions to roughly 10% of Australia’s LNG exports in an already…
German utility Uniper has signed a preliminary LNG offtake agreement for 2 mtpa from Canada’s proposed Ksi Lisims project, as developers target an FID on the 12 mtpa floating liquefaction facility by the end of this year.
Technip Energies has been awarded an Engineering, Procurement, Construction, Installation & Commissioning (EPCIC) contract for Eni’s Coral Norte floating LNG project offshore Mozambique. Announced as a “major” contract win, the deal is expected to generate more than €1 billion in revenue.