Daily News
Daily News (16516)
Children categories
Monday, 07 October 2024
Construction of an onshore LNG import terminal at Brunsbüttel is more expensive than expected, forcing Germany to support it with another €200 million in federal funding – on top of the €740 million initially committed. Broadcaster NDR reports total costs now surpass €1,5 billion, instead of €1.3 billion, with private…
Published in
Latest News
Friday, 04 October 2024
Free ReadSakhalin Energy is still planning to build a third LNG train at Sakhalin-2, Andrei Okhotkin, Commercial Director said at the recent Sakhalin Oil & Gas Forum, reported Russian newswire, Interfax. "The plans still stand. They were not closely tied in with the former partners, in fact. It's very simple: it's…
Published in
Latest News
Friday, 04 October 2024
Following its recent success with a FEED contract for Mozambique’s Rovuma project, US offshore engineering company, McDermott has won an engineering, procurement, construction and installation (EPCI) contract from QatarEnergy LNG. This contract is for the development of the North Field South (NFS) offshore pipelines and cables project.
Published in
Latest News
Friday, 04 October 2024
Deutsche ReGas is to start to market the fourth quarter 2024 capacity at Mukran’s Deutsche Ostsee terminal on 9th October. The German gas developer will offer nine individual regasification slots for 4Q24 at descending price auctions with a starting price of €0.51 per MMBtu.
Published in
Latest News
Thursday, 03 October 2024
While the immediate effects of the 2022/23 gas supply shock, due to the Russia/Ukraine situation, have eased and gas markets returned to growth in 2024, the structural changes emerging in 2022 will last for years. Given this context, global gas supply security architecture needs to be carefully reassessed through a closer dialogue…
Published in
Latest News
Thursday, 03 October 2024
Free ReadThe Japan-Korea Marker/Northwest Europe spread fell to 16.3 cents per MMBtu on 1st October, the lowest level since 12th October, 2023. His was due to weak Asian LNG demand and worries over potential tight constraints in Europe during the winter, S&P Global Platts reported. While the narrowed spread was partly…
Published in
Latest News
Thursday, 03 October 2024
Some LNG traders were opting to pay fees for supplies they initially intended to send to Germany in order to chase higher profits in Asia, according to the country’s state-owned terminal operator. “There are two, three cargoes that have not come recently, where you can see traders saying, ‘Oh, I’ll…
Published in
Latest News
Thursday, 03 October 2024
Australian oil and gas developer, Santos has signed a mid-term LNG supply contract with TotalEnergies Gas & Power Asia. This contract calls for the supply of 20 LNG cargoes, or up to around 0.5 mill tonnes of LNG per annum, for three years and a quarter.
Published in
Latest News
Wednesday, 02 October 2024
Free ReadSmall-scale midstream LNG and bioLNG company, Avenir LNG has refocused its business. Avenir also said that it was exploring the possibility of raising capital in addition to a potential listing on Euronext Growth Oslo. The company plans to sell the HIGAS LNG storage terminal in Sardinia to three of its…
Published in
Latest News
Wednesday, 02 October 2024
Malaysian LNGC owner, MISC Berhad has signed a contract with Samsung Heavy Industries (SHI) to build two LNGCs for delivery in 2027. This contract was agreed on the back of a letter of intent (LOI) signed with Malaysia’s state owned energy company PETRONAS subsidiary, PETRONAS LNG (PLSB) by which, the…
Published in
Latest News
