LNG

The Egyptian General Petroleum Corp (EGPC) awarded the country’s second largest LNG tender late last week for 20 cargoes.  The prices agreed ranged between TTF plus $1.5 per MMBtu and $1.6 per MMBtu, sources told S&P Global, which included extended payment terms, allowing for a 180-day delay in payment, accounting…

Japanese shipping giant,  Mitsui OSK Lines (MOL) and Chevron Shipping Co, a subsidiary of energy major Chevron USA, are to install a wind-assisted propulsion system on an LNGC. The system is a Wind Challenger, a hard sail wind-assisted ship propulsion system developed by MOL and Oshima Shipbuilding.

Glenfarne’s Texas LNG Brownsville, a 4 mill tonnes per annum LNG export terminal to be built at Brownsville, Texas has signed another heads of agreement (HoA) with an undisclosed global LNG player for a long term LNG sale and purchase agreement (SPA). Texas LNG claimed that it had now secured…

Following news of a possible expansion into the US, Oslo-based Crown LNG has published a corporate update, including news of possible final investment decisions (FIDs). This outlines the company’s focus to capitalise on growing customer demand, emerging market conditions and continued commercial progress towards its previously announced projects worldwide, Crown…