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Thursday, 10 October 2024
Emissions certification concern, MiQ, has awarded a certificate to the UK’s Grain LNG terminal. The announcement was due to be made at the BloombergNEF London Summit.
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Thursday, 10 October 2024
Burckhardt Compression, a designer and manufacturer of reciprocating compressors, has won an order to supply new LNG boil-off-gas (BOG) handling systems for eight LNGCs under construction at Hanwha Ocean. The compressor equipment chosen represents the latest extension of Burckhardt Compression’s marine portfolio for the LNGC market.
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Wednesday, 09 October 2024
Summit LNG Terminal II (SLNG II), a Summit Group subsidiary, has urged the Bangladesh Government to reverse its recent decision to bring a stop to a third FSRU project in the country. SLNG II said it had received a notice from state-owned Petrobangla on 7th October notifying it of the…
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Wednesday, 09 October 2024
Free ReadAustralian energy developer, Woodside has completed the acquisition of Tellurian and its US Gulf Coast Driftwood LNG development project. Woodside confirmed that it had acquired all issued and outstanding Tellurian common stock for around $900 mill cash, or $1 per share, giving an implied enterprise value of about $1,200 mill. …
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Wednesday, 09 October 2024
A Paris-based arbitrator has ruled in favour of bp, prohibiting energy developer Kosmos Energy from selling LNG from the Greater Tortue (GTA) project offshore Senegal and Mauritania to third parties.
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Tuesday, 08 October 2024
China is to remain the world's top LNG buyer this year and next. This was down to strong industrial demand, Keisuke Sadamori, an International Energy Agency (IEA) Director, said at last weekend’s conference in Hiroshima.
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Tuesday, 08 October 2024
Japan has agreed to look at co-operating with South Korea and Italy on LNG procurement, it was also revealed at the Hiroshima conference last Sunday. JERA, Japan's biggest utility company, and South Korea's Korea Gas Corp (KOGAS), also a major LNG buyer, are jointly investigating procurements, cargo swaps and other…
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Tuesday, 08 October 2024
Free ReadJERA Global Markets, JERA’s trading arm, has secured a $1.49 bill borrowing facility from 30 banks. The trader said that the one-year revolving credit facility (RCF) will be used for general corporate purposes, including LNG trading activity. It sources both LNG and coal supplies for JERA’s onshore power generation. ANZ,…
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Tuesday, 08 October 2024
LNG cargoes were being diverted away from Asia to Europe last week. This follows fears of a wider Middle East war, which sent benchmark Dutch TTF prices rallying.
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Monday, 07 October 2024
Italian energy company Eni is in talks with Japanese buyers to supply LNG, Cristian Signoretto, Director for global gas and LNG portfolio, told the media on the sidelines of a conference. "We already deal with Japanese buyers on a short-term basis and we would like to expand that collaboration also…
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