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Wednesday, 25 September 2024
Free ReadRussian LNG imports into the Netherlands' main terminal at Rotterdam have risen in recent months. This underlines the need for further sanctions, the Dutch Government has said. Imports of Russian LNG arriving at Rotterdam’s GATE terminal increased in the third quarter of this year, doubling to two per month. The…
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Wednesday, 25 September 2024
Russian LNG supplier, NOVATEK has started to review its plans for the construction of large-capacity LNG plants in Murmansk and Sabetta. According to Russian news outlet, Kommersant, work on Murmansk LNG and Ob LNG has stopped.
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Wednesday, 25 September 2024
US FSRU owner, Excelerate Energy and PetroVietnam Technical Services Corp (PTSC), a subsidiary of Vietnam Oil and Gas Group (PetroVietnam), have signed a partnership agreement to study FSRU based solutions to import LNG into Vietnam. Through this alliance, Excelerate and PTSC will leverage their strengths and combined resources to deliver…
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Wednesday, 25 September 2024
Asian buyers are returning to the market despite elevated regional LNG prices due to the partial outage of Inpex-operated Ichthys LNG in Australia and Malaysia’s Bintulu LNG. At least one Japanese utility secured a prompt delivery in end-September – at a premium to JKM prices – to fulfil power requirements…
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Tuesday, 24 September 2024
In a move that could reshape South Africa’s energy landscape, local energy companies, Eskom and Sasol have signed a Memorandum of Understanding (MoU) to explore and research future LNG requirements. This project will also enable the country to find a solution for gas users who require longer term certainty of…
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Tuesday, 24 September 2024
Free ReadAt last week’s Gastech exhibition, Hanwha Ocean unveiled a zero carbon LNGC design. During the show, Hanwha hosted an ‘LNG Carrier User Forum’ aimed at shipowners and classification societies, at which the zero carbon propulsion LNGC, dubbed ‘Ocean 1’ was introduced. ‘Ocean 1’ is designed to be powered by an…
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Tuesday, 24 September 2024
Engineering and construction partnership, KTJV, a KBR and Technip Energies joint venture, has been chosen by Lake Charles LNG Export Co, a subsidiary of Energy Transfer, for a transformation project. Under the terms of the agreement, KTJV will provide engineering, procurement, construction management, construction, commissioning, startup and other related services, subject…
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Tuesday, 24 September 2024
Lloyd’s Register (LR) has granted an Approval in Principle (AiP) to Samsung Heavy Industries (SHI) for an 174,000 cu m LNGC design. Under the agreement, SHI will carry out the design for the LNGC and LR will provide the review of the shipbuilder’s deliverables and technical advice for further design development.
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Tuesday, 24 September 2024
Front-month price at the TTF, Europe’s most liquid gas trading hub, is recalibrating after a bid from Egypt’s EGAS for 20 LNG cargoes for October-December delivery had tightened supply. With the EGAS tender fully awarded – at a premium to the TTF – the market is now less tense and…
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Monday, 23 September 2024
Global demand for LNG is expected to climb by 5% in the forthcoming winter from a year earlier, to hit 218 mill tonnes.
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